Choosing the right proprietary trading firm can be a daunting task given the burgeoning prop industry filled with uncertainty and diverse trading requirements. To aid traders in navigating this complex landscape, we provide comprehensive reviews of legitimate prop firms. In this discussion, we delve into OspreyFX and its distinctive two-step Evaluation Program tailored for traders with varying styles and needs.

OspreyFX and its Two-Step Evaluation Program!

OspreyFX’s Innovative Two-Step Evaluation Program Explained

OspreyFX stands out in the prop trading industry by offering an evaluation program designed to test and nurture the skills of traders across the board. The program is split into two phases, each with its own set of realistic goals and requirements, spread across four different account sizes. Let’s dissect these phases:

Phase One: The Initial Challenge

  • Profit Target: Traders must achieve a 10% profit target without exceeding a 5% maximum daily loss or a 12% maximum loss limit.
  • Duration: This target must be met within 30 calendar days from the first trade placed on the evaluation account.
  • Trading Days Requirement: A minimum of ten trading days is necessary to advance to the next phase.

Phase Two: The Final Hurdle

  • Profit Target: Traders are tasked with reaching an 8% profit target while adhering to the same loss limits as in Phase One.
  • Duration: The profit target for this phase must be achieved within 60 calendar days from the commencement of trading on the evaluation account.
  • Trading Days Requirement: A continuation of the ten minimum trading days requirement is essential for progression to a funded account.

Successful completion of both phases grants traders access to a funded account with OspreyFX, where they are freed from profit targets but must still observe the 5% maximum daily loss and 12% maximum loss rules. This two-step evaluation program is designed to ensure traders are well-prepared and capable of managing the responsibilities that come with a funded account, highlighting OspreyFX’s commitment to their traders’ success and skill development.

New Prop Firms

Blueberry Funded, established in 2024, operates as a prop trading firm within the Blueberry family of brands, which also includes Blueberry Markets and Blueberry Partners.

Prop Number One is a global prop trading platform offering traders transparent rules, competitive payouts, and flexible account options to optimize their trading experience.

TradeApp is a new prop trading firm offering global traders access to capital with flexible evaluation phases, profit splits of up to 90%, and educational resources. Ideal for traders looking to grow without risking personal funds.

We Fund You Trade (WFYT) offers traders a chance to manage up to $200,000 in capital with profit splits of up to 85%. Their two-step evaluation process aims to identify disciplined and profitable traders, providing a clear pathway to funded trading.

Sieg Fund is a prop trading firm that offers various funded trading challenges for traders of all experience levels. With options for both beginners and advanced traders, Sieg Fund provides live trading accounts, robust risk management, and the flexibility to use diverse trading strategies, including Expert Advisors and high-frequency trading.

The Lionheart Funding Program offers a range of trading challenges designed to help traders access funded accounts. With flexible evaluation phases, competitive trading conditions, and various options tailored to different trading styles, it aims to support both novice and experienced traders in scaling their trading careers.

The information provided on All Prop Trading Firms is for informational purposes only. We aim to provide comprehensive and unbiased reviews of various prop trading firms along with sharing valuable discount coupons and updates. However, we do not take responsibility for any decisions made based on the information presented on our site. Trading involves substantial risks and is not suitable for every investor. We highly recommend that you read the terms and conditions of each prop firm and conduct thorough research before engaging in any trading activities.
At All Prop Trading Firms, we believe in transparency and building trust with our audience. We would like to inform you that we have affiliate relationships with some of the prop firms listed on our site. This means that we may receive compensation if you click on affiliate links and make a purchase through these links. Please note that this does not incur any additional cost to you as a buyer. Our affiliate partnerships help us sustain our site and continue to provide valuable content to our readers.