Traders Central has recently made an exciting announcement for index traders participating in the one-time fee Challenge plan. The company’s funding provider is set to slash commissions by a significant 50%, marking a substantial decrease in trading costs for its clients.

Details of the Commission Reduction

Effective from the 12th of April, 2024, the commission rate for indices on the one-time fee Challenge plan will be reduced from 0.004% to an impressive 0.002%. This adjustment is part of Traders Central’s ongoing efforts to enhance the trading conditions for their clients and make trading more accessible and cost-effective.

Traders Central reducing commissions

Expansion of Commission Reductions

Furthermore, Traders Central is actively working on extending this commission reduction to their other funding programs. This initiative demonstrates the company’s commitment to providing competitive and fair trading environments across all its offerings.

This move by Traders Central not only benefits existing traders but also makes the one-time fee Challenge plan more attractive to new traders looking for an affordable entry into the world of index trading. With reduced commissions, traders can enjoy higher profitability and a more supportive platform for their trading strategies.

For more information on funding programs and trading opportunities, visit our website or check out our extensive list of forex funded programmes at allproptradingfirms.com/list/.

New Prop Firms

FORFX, an innovative proprietary trading firm backed by Opofinance broker, provides traders of all styles with funded trading opportunities through multiple challenge types including a unique Live Assessment Plan with real accounts, multi-platform support across MT4, MT5, and cTrader, and profit splits up to 90%.

SabioTrade, a dynamic proprietary trading firm, provides traders of all levels with funded trading opportunities, robust educational resources, and its innovative Sabio Traderoom platform.

BestProp4U is a trader-built proprietary firm offering funding up to $400,000 across forex, crypto, and futures markets. With only four simple rules, massive 50% drawdown, and payouts even after breaches, it focuses on fairness and flexibility. Traders can use any strategy, trade during news or weekends, and get paid during evaluations — making BestProp4U a solid choice for those seeking transparent, freedom-driven prop trading.

TEFS (The Empowered Funded System) is a veteran proprietary trading firm active since 2017, offering funding up to $210,000 through instant and 1-step evaluation programs. Traders can access Forex, Crypto, Futures, and over 2,300 U.S. stocks via its proprietary TEFS Trader and TEFS Evolution platforms. With up to 90% profit share, flexible trading conditions, live coaching, and a referral rewards program, TEFS stands out as a transparent, education-focused choice for serious traders seeking real funding and long-term growth.

Hola Prime is a 2024-launched prop firm offering ultra-fast payouts, up to 95% profit splits, and demo-based trading across multiple platforms.

iFunds, established in March 2024, is a proprietary trading firm offering instant funding accounts ranging from $2,500 to $500,000 without requiring traders to complete evaluations or demo challenges. It stands out for its flexible trading conditions, including no daily drawdown limits, customizable profit splits, and rapid withdrawals. While appealing to experienced traders, its premium fees and limited operational history may require cautious consideration before investment.

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