Here’s the comparison of True Forex Funds and other prop firms!
Here’s the comparison of True Forex Funds and other prop firms!
True Forex Funds is a fast-growing proprietary trading firm that targets undercapitalized traders that are motivated and ready to get up to $400,000 in funding after completing their 2-Phase Evaluation Process. Upon successfully doing so, they will cover all your losses!
In the prop firm industry, many firms offer different kinds of leverage. 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:
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 | 8% | 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 | 8% | 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 | 8% | 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.
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