Forex Prop Review uploaded a video about the ‘Best 5 Two-step evaluation funding programs!’. We decided to list the picks for the top five two-step evaluation funding schemes.
Best 5 Two-Step Evaluation Funding Program
Here are the following:
My Forex Funds
The most well-known of their three funding options is the evaluation funding program, which is a two-step evaluation program that requires a trader to complete both phases to become funded and eligible for payouts. They are a reputable prop trading firm that began operating in July 2020.
The available account sizes are 5, 10, 20, 50, 100, 200, or 300,000. My Forex Funds are well-established and well-liked for a good reason.
E8 funding company has only been operating in the market since November 2021. They have quickly become well-known for the outstanding work they are currently carrying out. They provide three different programs, one of which is the E8 evaluation funding program, a two-step evaluation program typical for the sector. Traders can choose four account sizes: 25, 50, 100, and 250,000.
Trading on E8 Funding is permitted with a 1:100 leverage, and customers can choose between funding their accounts in USD, EUR, or GBP.
They are a newcomer to the market, having entered the prop trading sector in March 2022. Traders have two funding options to choose from. The evaluation model a standard two-step evaluation procedure for the industry.
The Funded Next’s two-step evaluation program offers the following account sizes for your consideration: 15, 25, 50, 100, and 200 000
Traders will begin getting their payouts weekly after the first cash out. Once more, the scaling plan for the evaluation model, in this case, has a lot more room for expansion in terms of the evaluation model’s rules.
There are a few fundamental guidelines to follow:
- The daily and overall maximum loss caps
- No news trading
- Maximum trading days
- Minimum trading days.
The Funded Trader
This prop trading company opened for business in May 2021. The Funded Trader allows traders to select from three different programs, all of which are two-step evaluation funding programs with average industry performance. The two-step evaluation accounts are designed to attract traders who prefer to be rewarded for consistency throughout the two-phase evaluation period rather than using an instant funding account. The profit goal for the Standard Challenge is 10% in phase one and 5% in phase two, with a maximum daily loss of 6% and 12 maximum loss limits.
Since September 2015, when it first entered the market. This is one of the first prop trading companies. The two types of two-step funding programs available to traders are a regular two-step evaluation program and an aggressive two-step evaluation program.
The sizes of the accounts for both types of two-step evaluation that you can select are 10, 25, 50, and 100,000. You can choose a $200,000 regular two-step evaluation account instead of a speedy approach through an instant funding model.
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The ranking of the five top programs by Forex Prop Review is now complete. If any of the prop trading companies we’ve presented piqued the interest of traders, they can also read our comprehensive reviews of each one.