SFX Funded & TopTier Trader Two-step Comparison
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Welcome to our comparison between SFX Funded and TopTier Trader, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the two-step evaluations that both offer to traders from all across the globe.
Company Details
| Company Details | SFX Funded | TopTier Trader |
|---|---|---|
| Incorporation Date | May 2024 | October 2021 |
| CEO | Husam Samy & Franca Kraut | Dave Guttman |
| Office Location | Dubai, United Arab Emirates | Delaware, United States |
| Scaling Plan |  | |
SFX Funded and TopTier Trader are two reputable and trustworthy proprietary trading firms. SFX Funded was incorporated in May 2024 while being managed by their co-founders, Husam Samy and Franca Kraut. They have their offices located in Dubai, United Arab Emirates. TopTier Trader, on the other hand, was incorporated in October 2021 while being managed by its CEO, Dave Guttman. Additionally, their offices are also located in Delaware, United States.
Funding Program Options
| Funding Program Options | SFX Funded | TopTier Trader |
|---|---|---|
| One-step Evaluation |  | |
| Two-step Evaluation | | |
| Instant Funding | | |
SFX Funded provides their traders with an opportunity to choose between two funding programs to acquire funding, a two-step evaluation and an instant funding program. TopTier Trader, on the other hand, allows its traders to acquire funding after passing their two-step evaluation.
Two-step Comparison
| Trading Objectives | Two-Step Evaluation | TopTier Challenge |
|---|---|---|
| Profit Target (Phase 1) | 8% | 10% |
| Profit Target (Phase 2) | 5% | 5% |
| Maximum Daily Loss | 4% | 5% |
| Maximum Loss | 8% | 10% |
| Minimum Trading Days | No Minimum Trading Days | 4 Calendar Days |
| Maximum Trading Period | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited |
| Leverage | 1:30 | 1:50 (1:100 with Add-on) |
| Profit Split | 80% up to 95% | 80% (90% with Add-on) |
After covering the trading objectives of each company’s two-step evaluations, let’s take a look at the account sizes and costs of these two-step evaluations.
| Account Size | Two-Step Evaluation | TopTier Challenge |
|---|---|---|
| $5,000 | | $65 |
| $7,500 | $79 | |
| $10,000 | | $129 |
| $15,000 | $99 | |
| $25,000 | | $229 |
| $30,000 | $189 | |
| $50,000 | | $335 |
| $60,000 | $289 | |
| $100,000 | | $499 |
| $120,000 | $489 | |
| $200,000 | | $975 |
| $300,000 | | $1,345 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with SFX Funded and TopTier Trader, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
| SFX Funded | TopTier Trader | |
|---|---|---|
| Broker | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions | ThinkMarkets |
| Trading Platform | Match-Trader | TradeLocker |
Trading instruments
Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with SFX Funded and which with TopTier Trader.
| Trading Instrument | SFX Funded | TopTier Trader |
|---|---|---|
| Forex Pairs | | |
| Commodities | | |
| Indices | | |
| Cryptocurrencies | | |
Community Feedback
The last topic we will cover is community feedback from SFX Funded and TopTier Trader. The statistics are taken from the Trustpilot page of each of the mentioned companies.
| Trustpilot Statistics | SFX Funded | TopTier Trader |
|---|---|---|
| Rating | 4.6/5 | 4.2/5 |
| Number of Reviews | 64 | 3,808 |
| 5-Star Ratings | 86% | 87% |
SFX Funded has an excellent rating of 4.6/5. This is out of a total of 64 reviews, where 86% of them are rated as 5 stars. TopTier Trader, on the other hand, has a great rating of 4.2/5. However, this is out of a total of 3,808 reviews, where 87% of them are rated as 5 stars.
Conclusion
In conclusion, SFX Funded and TopTier Trader are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. SFX Funded has a two-step evaluation and an instant funding program, while TopTier Trader has a two-step evaluation.
This concludes our comparison between SFX Funded and TopTier Trader. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!
SFX Funded 10% discount code: FOREXPROPREVIEWS
TopTier Trader 20% active discount code: 63ka5k
Our comparison between SFX Funded and TopTier Trader was last updated on 17.07.2024 at 10:29 (CE(S)T).
