Having difficulty when it comes to choosing the right prop firm? Don’t fret. We got your back. Prop Industry is growing more and more every single day, and we get that there is a lot of uncertainty. If you are a trader, then you know that there are different trading styles, and with these styles, traders have different requirements. So, to make it easier for you, we offer Reviews for legitimate prop firms. Today, on our agenda, we have OspreyFX. We will talk about OspreyFX and its two-step Evaluation Program.
OspreyFX Two-Step Evaluation Program
OspreyFX offers its traders a two-step evaluation program with four different account sizes. Each phase has different but realistic requirements. Let’s take a look.
- Evaluation phase one requires a trader to reach a profit target of 10% while not surpassing their 5% maximum daily loss or 12% maximum loss rules. You are required to hit your profit target in 30 calendar days from the day you place your first position on your evaluation account. You also have a ten minimum trading days requirement in order to proceed to phase two.
- Evaluation phase two requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 12% maximum loss rules. You are required to hit your profit target in 60 calendar days from the day you place your first position on your evaluation account. You also have a ten minimum trading days requirement in order to proceed to a funded account.
- By completing both evaluation phases, you are awarded a funded account where you have no profit targets. You are only required to respect the 5% maximum daily loss and 12% maximum loss rules.
You are the one to select. We are here to guide you. So, if you think that OspreyFX might be the right firm for you, you should start your trading journey right now. But don’t forget to use our discount code (FOREXPROPREVIEWS15) for a 15% Discount. And if you are still in doubt, read the in-depth review to get a better understanding.
