Proprietary trading firms provide traders with the opportunity to manage larger funds without risking their own capital. These firms offer a variety of funding programs designed to suit different levels of experience and trading strategies. Below, we outline the main types of funding programs available:
- 1-phase evaluation: This challenge requires successful completion to gain a funded account, offering a direct path for skilled traders.
- 2-phase evaluation: A more rigorous challenge involving two phases, upon successful completion, traders are rewarded with a funded account.
- 3-phase evaluation: An even more comprehensive challenge spread across three phases, leading to a funded account upon successful completion.
- Direct funding: Provides immediate access to funding without the need for completion of any preliminary challenges, ideal for proven traders.
- Assessment management: Offers funding for professional traders through an interview process and evaluation of their trading track record.
Below is a detailed overview of which proprietary trading firms offer these funding programs:
- 1-phase evaluation: Available at firms like AquaFunded, City Traders Imperium, Crypto Fund Trader, and more.
- 2-phase evaluation: Offered by companies including E8 Funding, Alpha Capital Group, Audacity Capital, among others.
- 3-phase evaluation: A select few, such as MyFundedFX and RebelsFunding, provide this extensive challenge option.
- Direct funding: Accessible at firms like City Traders Imperium, Finotive Funding, Forex Prop Firm, and others.
This comprehensive approach by proprietary trading firms to fund management and trader development ensures that there are options available for traders of all skill levels and preferences.
