This review focuses on a comprehensive comparison of the trading programs offered by True Forex Funds and Funding Pips. Key aspects such as profit targets, loss limits, trading periods, and profit splits are explored to highlight the unique features and differences of each program.
Comparing Trading Objectives
Analyzing the trading objectives of True Forex Funds and Funding Pips reveals how each program is tailored to meet the needs of diverse traders.
Phase 1 and Phase 2 Profit Targets
- Both programs set a Phase 1 Profit Target of 8% and a Phase 2 target of 5%.
Maximum Daily Loss and Maximum Loss
- The Maximum Daily Loss is limited to 5% in both programs.
- A 10% Maximum Loss limit is applied by each firm.
Minimum Trading Days Requirement
- Neither True Forex Funds nor Funding Pips imposes a minimum trading day requirement.
Maximum Trading Period
- True Forex Funds sets a 30-day limit for Phase 1 and 60 days for Phase 2.
- Funding Pips offers unlimited trading time for both phases, providing added flexibility.
Profit Split
- True Forex Funds offers a consistent 80% profit split.
- Funding Pips provides an 80% split, which can increase to 90%.
Overview of True Forex Funds and Funding Pips Programs
Both True Forex Funds and Funding Pips offer competitive trading terms. While True Forex Funds maintains a structured approach with fixed timelines and profit splits, Funding Pips provides more flexibility in trading periods and the potential for a higher profit split. This comparison aids traders in choosing the program that best aligns with their trading style and objectives.