When evaluating Funded Trading Plus and True Forex Funds, distinct differences surface, particularly regarding their trading objectives and requirements. This analysis offers a comprehensive comparison of these two leading prop trading firms.
Phase 1 Profit Target
The initial profit target of Funded Trading Plus is established at 10%, whereas True Forex Funds sets this target at 8%.
Phase 2 Profit Target
Both the prop firm and True Forex Funds align with a Phase 2 profit target of 5%.
Maximum Daily Loss Limit
The daily loss limit is capped at 5% for both these trading entities.
Overall Loss Limits
Funded Trading Plus enforces a 10% maximum trailing loss, contrasting True Forex Funds’ straightforward 10% maximum loss.
Minimum Trading Days
While Funded Trading Plus imposes no minimum trading day requirement, True Forex Funds necessitates a minimum of 5 calendar days.
Trading Duration Limits
Funded Trading Plus permits an unlimited trading period for both phases, whereas True Forex Funds restricts Phase 1 to 30 days and Phase 2 to 60 calendar days.
Profit Sharing Structure
The London-based company, Funded Trading Plus, proposes a profit split ranging from 80% to 100%. In contrast, True Forex Funds offers a consistent 80% profit split.
This side-by-side assessment underscores the unique qualities of each firm. Funded Trading Plus provides greater flexibility in trading days and a higher potential profit share. In contrast, True Forex Funds establishes clearer time limitations but with a simpler profit target framework.
