When evaluating prop trading firms like Blue Guardian and True Forex Funds (Limitless), understanding their distinct trading objectives is crucial. This comparison sheds light on the key differences that define their offerings.
Trading Objectives: Blue Guardian vs. True Forex Funds (Limitless)
Here’s a breakdown of how these two firms compare in their trading objectives:
- Phase 1 Profit Target: Both firms set an 8% target in Phase 1.
- Phase 2 Profit Target: Blue Guardian aims for 4%, while True Forex Funds (Limitless) sets a 5% target.
- Maximum Daily Loss: Blue Guardian limits daily losses to 4%, in contrast to True Forex Funds’ 5%.
- Maximum Loss: Blue Guardian imposes an 8% limit, whereas True Forex Funds allows up to 10%.
- Minimum Trading Days: Blue Guardian has no minimum trading day requirement, while True Forex Funds requires 5 calendar days.
- Maximum Trading Period: Both firms offer unlimited trading periods for both phases.
- Profit Split: Blue Guardian offers an 85% split, compared to True Forex Funds’ 80%.
Key Differences Summarized
This comparison highlights that Blue Guardian provides a more flexible structure in terms of profit targets, maximum loss limits, and trading day requirements in subsequent phases, along with a higher profit split percentage. These differences make each firm uniquely suited to different trader preferences and strategies in the world of forex funded programs.