Understanding the differences between TopTier Trader and True Forex Funds (Limitless) in their trading objectives is crucial for traders making an informed choice. This comparison outlines how each firm aligns with various trading styles and goals.
Key Trading Objectives Comparison
Below is a comprehensive comparison of the trading objectives for TopTier Trader and True Forex Funds (Limitless):
- Phase 1 Profit Target: TopTier Trader has a 10% target, whereas True Forex Funds (Limitless) requires 8%.
- Phase 2 Profit Target: Both firms set a 5% target.
- Maximum Daily Loss: A 5% limit is consistent across both firms.
- Total Maximum Loss: Each maintains a 10% cap.
- Minimum Trading Days: TopTier Trader requires 4 days, compared to True Forex Funds’ 5 days.
- Maximum Trading Period: Both offer unlimited trading periods for both phases.
- Profit Split: Each firm offers an 80% profit split.
This comparative table reveals that while TopTier Trader and True Forex Funds (Limitless) share similarities such as unlimited maximum trading periods and identical profit splits, they differ in areas like the Phase 1 profit target and minimum trading days. These differences are crucial for traders to consider when choosing a firm that aligns with their individual preferences and trading strategies.