In our quest to assist traders in identifying the most suitable proprietary trading firm, we have created a comprehensive comparison spreadsheet. This resource focuses on the critical aspects of two-step evaluation challenge parameters, helping traders to evaluate and choose the best firm based on their specific needs.
Key Parameters for Comparison
The comparison encompasses several vital parameters that are instrumental in assessing a proprietary trading firm. These include:
- Evaluation Profit Targets
- Maximum Daily Drawdown
- Maximum Drawdown
- Minimum Trading Day Requirements
- Maximum Trading Day Requirements
- Profit Split
Comparison Breakdown
Below is a detailed breakdown of how various proprietary trading firms stack up against each other based on the mentioned parameters:
- My Forex Funds: Evaluation targets at 8% & 5%, with a daily drawdown of 5% and a maximum of 12%. Minimum trading days are five, with maximum days being 30 in Phase 1 and 60 in Phase 2. Profit split is 75% up to 90%.
- E8 Funding: Similar evaluation targets as My Forex Funds, but with a scalable maximum drawdown of 8% to 14%. No minimum trading days requirement and a profit split of 80%.
- The Funded Trader: Offers various programs with different targets and drawdowns, and a profit split ranging from 80% to 90%.
- Funded Trading Plus: Evaluation targets at 10% & 5%, 5% daily drawdown, and a 10% maximum drawdown. No specified trading day limits with a profit split of 80% to 90%.
- FundedNext: Similar evaluation targets and drawdowns as Funded Trading Plus, with a profit split of 80% to 90%.
- Finotive Funding: Offers a slightly lower evaluation target of 7.5% & 5%, with a profit split ranging from 75% to 95%.
- True Forex Funds: Evaluation targets and drawdowns similar to My Forex Funds and E8 Funding, with an 80% profit split.
- FTMO: 10% & 5% evaluation targets, 5% daily and 10% maximum drawdowns, and a profit split of 80% to 90%.
- Alpha Capital Group: Slightly lower evaluation targets, with similar drawdowns and profit split to FTMO.
- TopTier Trader: Offers standard and plus programs with varying targets and drawdowns, and a profit split ranging from 80% to 90%.
- City Traders Imperium: 10% & 5% evaluation targets, lower daily drawdown at 4%, and a profit split of 70% to 100%.
- Fidelcrest: Wide range in evaluation targets and drawdowns, with a profit split of 80% to 90%.
- Blue Guardian Capital: 6% evaluation targets, 4% daily drawdown, and an 85% profit split.
- Audacity Capital: High evaluation targets at 10% & 10%, with varying drawdowns across phases and a 75% profit split.
- Leveled Up Society: 8% & 5% evaluation targets, 5% daily drawdown, and an 80% profit split.
- OspreyFX: Higher evaluation targets and drawdowns, with a 70% profit split.
- ThorFX: Similar to OspreyFX in terms of targets and drawdowns, but with an 80% profit split.
- Nations Trading: Standard 10% & 5% evaluation targets and drawdowns, with an 80% profit split.
This comparison aims to provide a clear picture of the various options available to traders, helping them make informed decisions when choosing a proprietary trading firm.
