Exploring the trading objectives of Fidelcrest‘s Normal and Aggressive Risk programs and juxtaposing them with the Advanced program of Funded Trading Plus, this comparison provides a detailed insight into their respective trading conditions and requirements.
Trading Objectives Breakdown
Here’s a detailed look at how these programs compare in terms of their key trading objectives:
- Phase 1 Profit Target:
- Fidelcrest Normal Risk: 10%
- Fidelcrest Aggressive Risk: 15% or 20%
- Funded Trading Plus (Advanced): 10%
- Phase 2 Profit Target:
- Fidelcrest Normal Risk: 5% or 10%
- Fidelcrest Aggressive Risk: 15% or 20%
- Funded Trading Plus (Advanced): 5%
- Maximum Daily Loss:
- Fidelcrest Normal Risk: 5%
- Fidelcrest Aggressive Risk: 10%
- Funded Trading Plus (Advanced): 5%
- Maximum Loss:
- Fidelcrest Normal Risk: 10%
- Fidelcrest Aggressive Risk: 20%
- Funded Trading Plus (Advanced): 10% (Trailing)
- Minimum Trading Days: No Minimum Trading Days for all programs.
- Maximum Trading Period:
- Fidelcrest (Both Risk Levels): Phase 1: 60 Calendar Days, Phase 2: 60 Calendar Days (Unlimited with add-on)
- Funded Trading Plus (Advanced): Phase 1: Unlimited, Phase 2: Unlimited
- Profit Split:
- Fidelcrest Normal Risk: 80%
- Fidelcrest Aggressive Risk: 90%
- Funded Trading Plus (Advanced): 80% up to 90%
Additional Notes on Fidelcrest Pro Trader Program
The Fidelcrest Pro Trader evaluation program, when compared to other leading prop firms, encompasses a two-phase evaluation process. Both Normal and Aggressive Risk accounts have distinct profit targets and loss limits:
- Normal risk accounts aim for a 10% profit in both phases.
- Aggressive risk accounts target 15% in each phase.
- A maximum daily loss of 5% applies to both account types.
- Maximum loss rules are set at 10% for normal risk and 20% for aggressive risk, applicable in both phases and post-funding.
Notably, unlike some of its peers, Fidelcrest’s Pro Trader program does not offer scaling options. The overall trading objectives are in line with industry standards.
This detailed comparison offers traders a clear view of the trading conditions provided by Fidelcrest and Funded Trading Plus, enabling them to make informed decisions based on their trading preferences and strategies.
