Which is the best forex or futures online trade funding firm?
There are a number of forex and futures online trading funding firms willing to give retail (normal individual people) traders a large trading account. The main companies are listed and compared below. The choice of which company you chose is a personal one, please do your own research and make sure you fully understand the differences between the different business models. See below the table for further resources.
Compare forex and futures trade funding firms here:
|Funded Trading Plus||The 5%ers||Topstep Trader||Leeloo||Oneup Trader||FTMO|
This is one of the biggest drawbacks of the usual funded trading model. The trailing drawdowns that other providers place mean you are trading with a fraction of the nominal amount. For example, they will advertise you have a £50,000 account, but if you lose £2,000 then the account gets closed. It's a £50,000 account in name only. We allow you a 50% drawdown, and this allows you to trade properly.
If you qualify for a live trading account, we will instantly refund you your fee.
We will send you an instant cash reward of up to £20,000. Not gimmicks, no ‘unlocking criteria’, just money straight to you.
We allow you to hold trades overnight. Both on your qualification and live trading account. We will not force you to be a day trader as most others do
|Hold Trades Overnight?|
We allow you to hold trades over the weekend. Both on your qualification and live trading account.
Over the Weekend?
Our talented trader program is testing your ability to pick winning trades at a 2/1 risk reward ratio. That is it. There are no daily / weekly stop loss limits. No limitations around holding overnight, over the weekend or during news. There is no need to worry about position sizing, contracts or trailing drawdown that strangles your progress.
We do not make you have a minimum number of trades or trading days before you are allowed to withdraw profit.
We provide both the Forex and Index markets. You are not forced to choose which path you want to take.
|Forex And Index|
You may withdraw as much or as little of your profit as you wish.
Most providers will offer 3-10% trailing drawdown. This means the reality of your account is a fraction of what it presents itself as.
|Max Drawdown %||50%||4%||3%||3.3%||3.3%||10%|
There are no minimum or maximum number of trading days with our talented trader program.