When comparing prop trading firms such as Blue Guardian and Funded Trading Plus (Premium), it’s insightful to explore their trading objectives. This comparison outlines both similarities and differences in their approaches.
Trading Objectives: Blue Guardian vs. Funded Trading Plus (Premium)
Let’s examine how these two firms compare:
- Phase 1 Profit Target: Both firms have set an 8% target for Phase 1.
- Phase 2 Profit Target: Blue Guardian aims for 4%, while Funded Trading Plus (Premium) sets a 5% target.
- Maximum Daily Loss: They both limit daily losses to 4%.
- Maximum Loss: An 8% limit is set by both, with Funded Trading Plus applying a trailing feature.
- Minimum Trading Days: Neither firm imposes a minimum trading day requirement.
- Maximum Trading Period: Both offer unlimited trading periods for both phases.
- Profit Split: Blue Guardian offers a steady 85% split, whereas Funded Trading Plus provides a variable split ranging from 80% to 90%.
Key Distinctions
While Blue Guardian and Funded Trading Plus (Premium) share a similar approach in several aspects, like Phase 1 profit targets and maximum daily loss, they differ in their Phase 2 profit targets and profit split structures. Blue Guardian offers a slightly lower Phase 2 profit target but a higher fixed profit split, in contrast to Funded Trading Plus’s variable profit split that can potentially reach higher levels. These nuances make each firm suitable for different trader preferences and strategies within the realm of forex funded programs.
