For Traders is a dynamic proprietary trading firm that launched in July 2023. With headquarters in Dubai and offices in Prague and Kuala Lumpur, the firm provides a range of evaluation programs tailored to different trading styles. Whether you prefer a one-step or two-step challenge—or the advanced Challenge PRO—there’s an option to suit your approach. Once traders successfully complete the evaluation, they can trade in a simulated environment and start earning real profits.
For Traders offers five account sizes, providing flexible options so you can choose one that fits your experience and risk tolerance.
- Three distinct trading platforms: cTrader, TradeLocker, and DXtrade
- Fast (1-2 business days), guaranteed payouts
- Free educational materials, including e-books and video courses
- 24/5 customer support, ensuring assistance is available during trading days
- Simulated trading game on modern platforms with real-time market quotes from liquidity providers, offering a realistic trading experience
- Certain services or features may not be available in all countries
- Profit Splits: 80% - 90%
- Supports US Traders?: Yes
For Traders Ratings at a Glance
Profit Sharing | |
Withdrawal Methods and Payout Frequency | |
Fees and Commissions | |
User Experience | |
Trading Platforms | |
Platform Security | |
Customer Support & Community | |
Overall |
For Traders Product Offering
While For Traders offers five account sizes across three different challenges, some prop traders might find the account sizes small. For Traders offers accounts of:
- $6,000
- $15,000
- $25,000
- $50,000
- $100,000
It offers profit splits ranging from 80% to 90%, depending on your account type. You’ll also have the flexibility to scale your accounts, trade news and weekends, use automated trading, and enjoy unlimited time to complete challenges.
Uniquely, For Traders offers the $6,000 and $15,000 accounts for the same price that competitors offer their $5,000 and $10,000 accounts, giving you value for the money. This is owing, in part, to the fact that For Trader is professionally managed and much larger in scope than many other firms in the space.
One-Step Account | Two-Step Account | Two-Step PRO Account |
9% profit target | 8% profit target in phase 1 of the challenge | 6% profit target in phase 1 of the challenge |
6% max drawdown (trailing) | 5% profit target in phase 2 of the challenge | 6% profit target in phase 2 of the challenge |
3% daily drawdown | 10% max drawdown | 10% max drawdown |
3% daily drawdown | 5% daily drawdown | 2% daily profit cap |
Bi-weekly rewards | Bi-weekly rewards | 3% daily pause |
Access to the online training course | Access to the online training course | Access to the online training course |
Here’s how For Traders rates on features prop traders look for in a firm.
For Traders provides a generous profit-sharing model, allowing traders to keep up to 90% of the profits from their simulated trading activities. This industry-leading percentage offers a strong incentive to stay consistent and refine profitable strategies.
Incentives for Consistency
Traders who consistently show profitability and manage risk effectively can unlock extra perks, like bigger capital allocations and special rewards. This setup is designed to motivate traders to develop sustainable strategies and keep improving their skills.
For Traders provides flexible withdrawal options, including bank transfers, Riseworks, and cryptocurrencies. With a reputation for fast payouts, many traders receive their funds within just two business days—meeting top industry standards for speed and accessibility.
The firm also offers bi-weekly payouts with minimal restrictions, giving traders regular access to their earnings—an ideal setup for those who trade actively and want frequent withdrawals.
The barrier to entry on For Traders is low. While many prop trading firms charge a monthly or a high one-time fee, For Traders charges a one-time fee across its three challenge options, and you can see that prices are quite competitive, even as the value of your account rises. For example, you will pay:
- $50 for a $6,000 account under its one-step and two-step challenge
- $42 for a $6,000 account with the two-step Challenge PRO feature
- $450 for a $100,000 account with a one-step challenge
- $467 for a $100,000 account with a two-step challenge
- $416 for a $100,000 account with the two-step Challenge PRO feature
Other account sizes are $15,000, $25,000 and $50,000, and their prices can be found on the For Traders website in an easy-to-read chart or each account type.
For Traders commission structure keeps costs manageable for active traders. With a flat $3 per lot fee for forex, metals, energy, and other commodities, traders can easily calculate their costs without surprises. The standout feature is the commission-free trading on indices, making it an attractive choice for those who focus on this asset class. This straightforward pricing model ensures transparency and affordability, allowing traders to focus more on their strategies rather than worrying about excessive fees.
For Traders features a user-friendly, comprehensive dashboard that offers real-time insight into your trading and an easy-to-use trading journal to help you track and analyze your trading performance. The firm has a Trustpilot rating of excellent, with 4.5 stars out of 5 from 754 reviews.
Traders benefit from free learning materials, including e-books and video courses, which help both beginners and experienced traders refine their skills. The firm provides multiple trading platforms like cTrader, TradeLocker, and DXtrade, ensuring a versatile trading environment.
For Traders offers three trading platforms, including the popular cTrader and TradeLocker platforms. Here's an overview of the available key features:
cTrader
cTrader is renowned for its user-friendly interface and advanced trading capabilities. Key features include:
- Comprehensive Charting Tools: Offers a wide array of technical indicators and chart types, facilitating in-depth market analysis.
- Automated Trading: Supports algorithmic trading through cAlgo, allowing traders to develop and deploy custom trading bots.
- Level II Pricing: Provides detailed market depth information, offering insights into market liquidity.
DXtrade
DXtrade is a customizable trading platform tailored for both brokers and traders. Its notable features include:
- Customizable User Interface: Allows traders to personalize their trading environment to suit individual preferences.
- Risk Management Tools: Equipped with features designed to help manage trading risks effectively.
- Multi-Asset Support: Enables trading across various asset classes, including forex, commodities, and indices.
TradeLocker
TradeLocker is a modern trading platform offering a range of functionalities:
- Intuitive Design: Features a clean and intuitive interface, making it accessible for traders of all experience levels.
- Advanced Charting: Provides robust charting tools and technical analysis features.
- Seamless Integration: Integrates smoothly with various trading tools and services, enhancing the overall trading experience.
Each trading platform comes with its own specialized security measures, complemented by comprehensive risk management integrations for enhanced protection.
- cTrader: This platform ensures secure connections using TLS 1.2+ encryption and FIX API protocols. Its infrastructure includes real-time threat monitoring supported by Cloudflare, offering strong protection for trader data.
- TradeLocker: Incorporates FIX Protocol for secure broker bridges. The platform's security measures depend on broker implementation, with encrypted data transmission safeguarding trade execution.
- DXtrade: Leverages AWS Shield for infrastructure protection. Prop firms using this platform enforce mandatory two-factor authentication for added security.
Risk Management Features
For Traders integrates built-in risk management tools within its platforms to help traders manage their risk and safeguard their capital. These tools automate processes like position sizing and incorporate advanced stop-loss options, reducing manual effort needed for effective risk control.
For Traders offers several options for customer support 24/5, including live chat, email, phone and a database of answers to frequently asked questions. Services are available in English, Spanish and Czech.
The dedicated support team responds quickly to any questions you may have, and there are several articles available that explain topics like Challenge PRO, one and two-step challenges, general trading questions, promotions, rules, KYC, what happens when you’re funded, rewards, trading conditions, tournaments and the affiliate program.
For Traders connects with audiences on X, Instagram, YouTube, Discord, Facebook and TikTok.
Trading Rules
For Traders offers a flexible trading environment, allowing traders to participate in news and holiday trading without restrictions on trading days. With a fair maximum drawdown limit of 10% and a daily drawdown of 4%, the firm strikes a balance between risk management and giving traders the freedom to execute their strategies with confidence.
Daily Limits (PRO Accounts)
- Daily Profit Cap: 2%
- Daily Loss Limit: 3%
- Trading Suspension: If either limit is reached, all positions are automatically closed, and trading is paused until the next day.
Profit Days Requirements
- 1-Step: Minimum of 3 profitable days (at least 0.5% profit each) per phase & funded account to request a reward.
- 2-Step: Same as 1-Step – 3 profitable days (0.5% profit minimum) per phase & funded account to request a reward.
- 2-Step PRO: No minimum profitable day requirement for challenge or funded accounts.
- Instant Funded: Requires 7 profitable days (each with at least 0.5% profit).
Profit & Activity Rules
Instant Funding Profit Cap
- Your best day's profit must not exceed 15% of your total profit.
- If this threshold is exceeded, you must continue trading until your best day’s profit is below 15% of your total earnings.
Inactivity Rule (Instant Funding Accounts)
- Accounts become inactive after 7 days without trades.
Trading Rules
Profit Target Rule (1-Step & 2-Step Challenge)
- No single trade can exceed 70% of the total profit target.
Margin Rule
- Cannot use more than 40% of available margin on a single trade or multiple trades in the same direction.
- (Not applicable to Challenge PRO & Instant Funding accounts.)
Copy Trading & EAs
- Copy Trading: Allowed only as a master account.
- Expert Advisors (EAs): Only semi-automated EAs are permitted (they may assist but cannot execute trades automatically).
News Trading Rules
- Allowed: 1-Step & 2-Step Evaluation, 2-Step PRO (Challenge & Funded).
- Not Allowed: Instant Funding, 1-Step Funded, & 2-Step Funded (No trades within 5 minutes before/after high-impact news).
Minimum Trading Days
- 1-Step & 2-Step: Minimum 3 profitable days required.
- Instant Funded: Minimum 7 profitable days required.
- 2-Step PRO: No minimum trading day requirement.
Inactivity Policy
- Instant Funded Accounts: 7 consecutive days of inactivity results in account deactivation.
- 1-Step, 2-Step, & 2-Step PRO Accounts: 30 consecutive days of inactivity results in account deactivation.
Additional Rules
- Holding Trades Over the Weekend: Allowed at all stages.
- News Trading: Allowed for all Challenge accounts & For Traders PRO accounts.
- Challenge Customization: Traders can adjust Profit Target, Profit Split, Drawdowns, & Bonuses to reduce Challenge costs.
Forbidden Practices
- Over-Leveraging: Excessive leverage without proper risk management.
- One-Sided Betting: Trading in one direction without valid market analysis.
- Account Rolling: Restarting challenges repeatedly with a high-risk approach.
- Prohibited Strategies: Bots, High-Frequency Trading (HFT), Hedging, Gambling, Arbitrage Trading.
- Third-Party Account Operation: No external traders allowed.
2-Step PRO Account Special Rules
- No Daily Drawdown Limit on challenges.
- News Trading Allowed at all stages.
- No Margin Restrictions at any stage.
For Traders vs. Competitors
On its website, For Traders compares itself to the prop trading firms FTMO, Funding Pips and Alpha Capital Group. It is similar in the profit split, profit target and drawdown but differs in the Challenge PRO, a one-step challenge and free tournaments. Billed as a platform to evaluate and educate prop traders, For Traders also competes with City Traders Imperium (CTI), which focuses on professional development. CTI has a lower profit split of 70% but offers account sizes that reach $2 million.
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For Traders excels across multiple categories, offering flexible trading conditions, competitive fees, and robust customer support. The firm's commitment to trader satisfaction is evident in its prompt payouts and comprehensive platform offerings. While the absence of specified copy trading features may be a limitation for some, the overall trading environment is highly conducive to both new and seasoned traders. For Traders stands out as an excellent choice for traders seeking a reliable and supportive prop trading firm.
Frequently Asked Questions
What is the max allocation?
The max allocation is the maximum funding of an account. On For Traders, no challenge accounts have a max allocation. If you pass the evaluation and receive a funded account, the max Standard Funded Account is $100,000 in virtual funds and the Premium Program is $300,000 in virtual funds.
In the challenge, you can hold unlimited accounts. If you pass three $100,000 challenge accounts but fail to meet the requirements for the Premium Program, you will receive one $100,000 virtual funded account and the other two will be held until you breach your account or meet the premium requirements.
Are there any promotions on For Traders?
The promotion For Traders offers is PROFIT15, a 15% discount and a 15% share of the profits from the evaluation phase. The promotion applies to all For Traders challenge plans.
The discount is available at checkout using the discount code “PROFIT15.” To receive the 15% profit share, you must complete the evaluation and achieve 5% growth in your For Traders Account, the funded stage and then request your payout. The 15% profit share from your evaluation phases will be included in your payout as a “Challenge Profit Bonus.”
What is the For Traders Challenge PRO?
The For Traders Challenge PRO is a two-step evaluation challenge for more experienced traders. It has easier rules promoting more trading flexibility and new features encouraging risk management.
The Challenge PRO presents the lowest profit targets – 6% in each phase – among the For Traders evaluation challenges. It also has no daily drawdown but maintains a 10% maximum drawdown, which still offers flexibility in trading styles.
Two new features, a 2% daily profit cap and a 3% daily pause, support risk management. The 2% daily profit cap is the maximum of your starting balance you can earn in one day and the 3% daily pause is a threshold of 3% of your initial balance. Hitting either limit is not a breach. However, your positions will be closed for the day. Your account resets for the next trading day.