Comparison on forex trader funding companies

REVIEW of funding companies for trading

Trading usually needs a fairly large amount of capital. If you don’t have much capital to start with, and your dream is to earn a living from trading Forex, equities or futures contracts then signing up to one of the Prop firms can be a good solution.

We have tried to make a comparison of the different options out there. This is not always easy because different trade funding companies have different rules, different amount of starting capital, etc.

Each prop firm usually have a test challenge (or combine) which you need to trade on a demo account for a minimum number days. There usually is a profit target that you need to achieve, a maximum daily loss, weekly loss, total account loss, etc. If you pass this challenge, you are then eligible for a funded account. Usually the funding companies takes a share of you profits, which can vary from 20% to 60%!.

When completing a challenge, another aspect to bear in mind is the cost of a “reset” which is the name of when you want to restart a challenge after breaking on the rules like the maximum daily loss.