Tradexprop has announced important updates to its Forex Evaluation programs, aimed at promoting sustainable trading and improving the trader experience. The updates were officially rolled out last night, according to Malaysia Time (MYT).
Tradexprop Updates Forex Evaluation Rules with Consistency Cap
Two main changes have been introduced, exclusively targeting new Forex Evaluation plans:
- Introduction of the 45% Consistency Rule
To foster disciplined and consistent trading behavior, Tradexprop has implemented a 45% Consistency Rule. This rule limits the percentage of profit that can be made on the trader’s best day to 45% of the total profits during the evaluation period. The goal is to discourage over-leveraging and reliance on one-off high-risk trades, instead rewarding those who demonstrate stable performance over time.
- Bi-Weekly Payouts for Funded Traders
Tradexprop is also introducing bi-weekly payouts for traders who pass the evaluation and move on to funded accounts. This is a significant improvement from previous payout cycles, allowing traders quicker access to their profits. The move aligns Tradexprop with trader-friendly practices seen at leading firms, enhancing its appeal among global retail traders.
These changes are part of Tradexprop’s ongoing commitment to creating a fair and transparent trading environment while supporting traders in building long-term careers in proprietary trading.
It’s important to note that these updates will only apply to new Forex Evaluation accounts. Existing users and other product plans remain unaffected by the rule changes.
Tradexprop continues to adapt to trader feedback and market demands, positioning itself as a flexible and forward-thinking prop firm in an increasingly competitive space.
About the Firm
Here are some interesting facts about the firm:
- Excellent Trustpilot rating of 4.7/5
- Five Unique Funding Programs
- Professional Trader Dashboard
- A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
- Leverage up to 1:50
- No Maximum Trading Period
- No Minimum Trading Day Requirements
Also, use our Discount Code (FOREXPROPREVIEWS) for a 10% Discount or read the Review.
