Is Getting Prop Number One Capital Realistic? It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.
Is Getting Prop Number One Capital Realistic? Here’s the Answer
Let’s see if it’s true for Prop Number One or not:
- Receiving capital from the Two-step Challenge is realistic primarily due to its average profit targets (5% in phase one and 8% in phase two) coupled with average maximum loss rules (5% maximum daily and 10% maximum loss in phase one and 4% maximum daily and 8% maximum loss in phase two and once funded). It is important to note that there are no maximum trading day requirements during both evaluation phases while having no minimum trading day requirements in phase one and a minimum profitable trading day requirement of 3 calendar days in phase two. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 100%.
After considering all the factors, Prop Number One is highly recommended since you have a single funding program to choose from that features realistic trading objectives and conditions for qualifying for payouts.
So, if you think this is the right prop firm for you, use our Discount Code (FOREXPROPREVIEWS) for a 10% Discount. Moreover, you can always read the Review for more information about the firm.
