In this comprehensive comparison, we delve into the key trading objectives of Fidelcrest, covering both its Normal and Aggressive Risk categories, and juxtapose them with True Forex Funds (Limitless), providing a clear view of their distinctive trading parameters.
Overview of Trading Objectives
Understanding the trading objectives of these prop firms is crucial for traders to align their strategies accordingly. Below is a detailed comparison:
- Phase 1 Profit Target:
- Fidelcrest Normal Risk: 10%
- Fidelcrest Aggressive Risk: 15% or 20%
- True Forex Funds (Limitless): 8%
- Phase 2 Profit Target:
- Fidelcrest Normal Risk: 5% or 10%
- Fidelcrest Aggressive Risk: 15% or 20%
- True Forex Funds (Limitless): 5%
- Maximum Daily Loss:
- Fidelcrest Normal Risk: 5%
- Fidelcrest Aggressive Risk: 10%
- True Forex Funds (Limitless): 5%
- Maximum Loss:
- Fidelcrest Normal Risk: 10%
- Fidelcrest Aggressive Risk: 20%
- True Forex Funds (Limitless): 10%
- Minimum Trading Days:
- Fidelcrest: No Minimum Trading Days
- True Forex Funds (Limitless): 5 Calendar Days
- Maximum Trading Period:
- Fidelcrest (Both Risk Levels): Phase 1: 60 Calendar Days, Phase 2: 60 Calendar Days (Unlimited with add-on)
- True Forex Funds (Limitless): Phase 1: Unlimited, Phase 2: Unlimited
- Profit Split:
- Fidelcrest Normal Risk: 80%
- Fidelcrest Aggressive Risk: 90%
- True Forex Funds (Limitless): 80%
By comparing these specific trading objectives, traders can make an informed decision when choosing between the funded programmes offered by Fidelcrest and True Forex Funds.