In the competitive world of prop trading, understanding the differences between firms like Blue Guardian and Finotive Funding is crucial for traders. This in-depth comparison sheds light on their trading objectives and unique features.
Trading Objectives Breakdown
Here’s a detailed comparison of the key trading objectives for Blue Guardian and Finotive Funding:
- Phase 1 Profit Target: Blue Guardian sets an 8% target, while Finotive Funding aims for 7.5%.
- Phase 2 Profit Target: Blue Guardian’s target is 4%, compared to Finotive Funding’s higher 5%.
- Maximum Daily Loss: Blue Guardian limits this to 4%, whereas Finotive Funding allows a 5% loss.
- Total Maximum Loss: Both firms have a 10% cap.
- Minimum Trading Days: Blue Guardian requires 5 calendar days, while Finotive Funding has no minimum.
- Maximum Trading Period: Unlimited trading periods are offered by both firms for both phases.
- Profit Split: Blue Guardian offers an 85% split, while Finotive Funding provides a variable range from 75% to 95%.
Blue Guardian’s Unique Rapid Guardian Program
The Rapid Guardian evaluation program from Blue Guardian includes:
- Profit Target: A 10% goal for the evaluation phase.
- Maximum Loss Rules: Daily loss capped at 4% and a trailing loss at 6%.
- Trading Flexibility: No constraints on minimum or maximum trading days.
- Scaling Plan: Included for growth potential.
Blue Guardian’s drawdown rules are competitive, with the benefit of no time restrictions.
Blue Guardian’s Diverse Funding Programs and Unrestricted Trading Style
Blue Guardian distinguishes itself by offering three distinct funding programs, along with an unrestricted trading style. This approach allows traders to:
- Trade during news events.
- Hold positions overnight and during weekends.
Conclusion
This comparative analysis of Blue Guardian and Finotive Funding is designed to guide traders in choosing a firm that aligns with their trading strategies and preferences, especially within the diverse offerings of forex funded programs.
