In the prop firm industry, many firms offer different kinds of accommodation to their traders. It is a competition now since many firms offer various programs with trading objectives. Since different traders have diverse requirements and trading styles, they choose whatever suits them best. So, today on our comparison agenda, we have True Forex Funds and other prop firms’ 2-step evaluation programs trading objectives.
Let’s get started with True Forex Funds Comparison:
True Forex Funds and Finotive Funding:
Trading Objectives | True Forex Funds | Finotive Funding |
Phase 1 Profit Target | 8% | 7.5% |
Phase 2 Profit Target | 5% | 5% |
Maximum Daily Loss | 5% | 5% |
Maximum Loss | 10% | 10% |
Minimum Trading Days | 5 Calendar Days | No Minimum Trading Days |
Profit Split | 80% | 75% up to 95% |
True Forex Funds and FundedNext:
Trading Objectives | True Forex Funds | FundedNext |
Phase 1 Profit Target | 8% | 10% |
Phase 2 Profit Target | 5% | 5% |
Maximum Daily Loss | 5% | 5% |
Maximum Loss | 10% | 10% |
Minimum Trading Days | 5 Calendar Days | 5 Calendar Days |
Profit Split | 80% | 80% up to 90% |
True Forex Funds and E8 Funding:
Trading Objectives | True Forex Funds | E8 Funding |
Phase 1 Profit Target | 8% | 8% |
Phase 2 Profit Target | 5% | 5% |
Maximum Daily Loss | 5% | 5% |
Maximum Loss | 10% | 8% |
Minimum Trading Days | 5 Calendar Days | No Minimum Trading Days |
Profit Split | 80% | 80% |
True Forex Funds have low-profit targets and average minimum trading day requirements during both evaluation phases compared to other firms. But somehow, it entirely depends on the traders what they are looking for. We hope you find comparing True Forex Funds and other prop firms useful.
About True Forex Funds
True Forex Funds requires traders to pass their 2-Phase Evaluation Program to get access to their company’s capital. You need to put your skills to the test and demonstrate that you can achieve your Profit Targets. Since they are looking to invest only in disciplined traders, they set a few simple Trading Objectives that should be met.
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