This article provides an insightful overview of proprietary trading firms that utilize balance-based drawdown limitations. Such limitations are a key factor for traders to consider when choosing a firm to partner with.
Understanding Balance-Based Drawdown in Proprietary Trading Firms
Balance-based drawdown is a crucial aspect in the world of proprietary trading. Below, we explore various proprietary trading firms and their specific approaches to balance-based drawdown.
- E8 Funding: E8 Evaluation – No, E8 Track – Yes
- Alpha Capital Group: Yes
- AquaFunded: No
- Audacity Capital: Funded Trader Program – Yes, Ability Challenge – No
- Bespoke Funding: Yes
- Blue Guardian: No
- City Traders Imperium: Day Trading Challenge – No, Instant Funding – Yes, Direct Funding – Yes
- Crypto Fund Trader: No
- Direct Funded Trader: No
- Fidelcrest: No
- Finotive Funding: Yes
- Forex Capital Funds: Yes
- Forex Prop Firm: No
- FTUK: Yes
- FTMO: Yes
- Funded Trading Plus: Experienced Trader Program – No, The Advanced Trader Program – No, Premium Trader Program – No, Master Trader Program – Yes
- FundedNext: Yes
- FunderPro: No
- Funding Pips: No
- Glow Node: No
- Goat Funded Trader: No
- Leveled Up Society: No
- Lux Trading Firm: No
- Ment Funding: Yes
- MyFlashFunding: No
- MyFundedFX: No
- RebelsFunding: No
- Smart Prop Trader: No
- Super Funded: No
- SurgeTrader: No
- The Funded Trader: Standard Challenge – No, Rapid Challenge – Yes, Royal Challenge – No, Knight Challenge – No, Dragon Challenge – Yes
- The Trading Pit: No
- The5%ers: No
- Top One Trader: No
- TopTier Trader: Top Tier Challenge – Yes, Top Tier Plus – No
- Trading Funds: No
- True Forex Funds: No
This overview showcases the varied approaches to balance-based drawdown across different proprietary trading firms. Such information is essential for traders in selecting a firm that aligns with their trading strategy and risk management preferences.