In the realm of proprietary trading firms, FunderPro and Funding Pips stand out as significant contenders. Their trading objectives and conditions present a mix of similarities and differences, offering unique prospects for traders. The comparison below delves into the specifics of their trading requirements.
Trading Objectives and Conditions
The following points highlight the key differences and similarities between FunderPro and Funding Pips in their trading objectives and conditions:
- Phase 1 Profit Target: FunderPro sets a 10% target, whereas Funding Pips requires 8%.
- Phase 2 Profit Target: An 8% target for FunderPro compared to 5% for Funding Pips.
- Maximum Daily Loss: Both firms maintain a 5% limit.
- Total Maximum Loss: A 10% cap is common to both firms.
- Minimum Trading Days: FunderPro necessitates 5 calendar days, while Funding Pips imposes no minimum.
- Maximum Trading Period: Both offer an unlimited period for both phases.
- Profit Split: FunderPro consistently offers 80%, while Funding Pips starts at 80% and can escalate up to 90%.
This comparison sheds light on the distinct approaches of FunderPro and Funding Pips, particularly in their profit targets and flexibility in trading days. Funding Pips’ varying profit split, with a possibility of reaching up to 90%, distinguishes it from FunderPro’s stable 80% share.