Delving into the realm of proprietary trading, a significant point of interest for many traders is the allowance of specific strategies by prop firms. This article focuses on one such strategy, the martingale system, and which proprietary trading firms permit its use. The martingale strategy, known for its doubling down approach following losses, is a topic of contention among traders due to its high-risk nature. Yet, it remains a popular method for those looking to potentially recover from losses quickly.
Prop Firms Open to Martingale Strategies
The acceptance of the martingale strategy varies across proprietary trading firms, reflecting their risk management policies and trading framework. Below is a comprehensive overview of firms and their stance on the martingale strategy:
- E8 Funding: Allows
- Alpha Capital Group: Does Not Allow
- AquaFunded: Allows
- Audacity Capital: Allows
- Bespoke Funding: Does Not Allow
- Blue Guardian: Allows
- City Traders Imperium: Allows
- Crypto Fund Trader: Allows
- Direct Funded Trader: Does Not Allow
- Fidelcrest: Does Not Allow
- Finotive Funding: Allows
- Forex Capital Funds: Does Not Allow
- Forex Prop Firm: Does Not Allow
- FTUK: Does Not Allow
- FTMO: Allows
- Funded Trading Plus: Allows
- FundedNext: Allows
- FunderPro: Allows
- Funding Pips: Allows
- Glow Node: Does Not Allow
- Goat Funded Trader: Allows
- Leveled Up Society: Does Not Allow
- Lux Trading Firm: Does Not Allow
- Ment Funding: Allows
- MyFlashFunding: Allows
- MyFundedFX: Allows
- RebelsFunding: Allows
- Smart Prop Trader: Does Not Allow
- Super Funded: Allows
- SurgeTrader: Allows
- The Funded Trader: Does Not Allow
- The Trading Pit: Allows
- The5%ers: Allows
- Top One Trader: Does Not Allow
- TopTier Trader: Does Not Allow
- Trading Funds: Allows
- True Forex Funds: Allows
This list underscores the diverse approaches to risk management and strategic flexibility within the proprietary trading sector. Traders interested in utilizing the martingale strategy should carefully consider the policies of their chosen prop firm to ensure compatibility with their trading plan.