We are a modern prop-trading firm that provides virtual capital to traders and rewards them with real cash for their trading skills on our demo accounts. Essentially, you're given a pool of virtual money to trade and maximize profits. You focus on trading, while we cover the losses.
We’re a modern tech company at heart, so everything we do is customer-first.
Because we are passionate about trading, we built a TV studio where we shoot interviews with industry insiders, trading live streams and more.
Because we trust companies that put their team public, we ourselves built the company on transparency, with a public team, who regularly meet our traders on events and meet-ups in our Prague office.
And because we know that every trader has a slightly different strategy (trading is not easy, we’ve been there!), we allow everybody to customize their trading challenges based on their strategy.
We have some of the most favorable terms on our trading challenges, which you can also customize based on your preferred strategy. We also provide quick payouts and accept payments including crypto currencies.
Our Academy For Traders on YouTube is full of educational videos, as well as interviews with traders, other prop firm CEOs, our broker Purple Trading, and more. We built a TV studio right in our office for this. We go truly in-depth on trading and invite you to go along with us. Everything is free to watch. You can also join our Discord, where our Head of Trading shares game plans, traders comment on the market, jump on regular calls and more.
However, while we consider all that to be our competitive advantage, the reason you should choose For Traders, is because the firm is created by experienced tech entrepreneurs and traders and backed by a large, stable financial group. We are building the company on transparency and professionalism in the a true fintech spirit.
Apart from providing virtual capital, education and community, we have many more digital products for traders on our roadmap. We are remaking the prop trading game and we are here for the long haul. Read more about us, including a message from our CEO, Jakub Roz.
For Traders has two types of Challenges. The first is a Two-Step-Challenge, where the user must complete the terms and conditions of the challenge. To be specific, the For Traders Two-Step Challenge is about meeting a set Profit Target (8% Profit Target in the first Phase with a minimum of 3 trading days. For Phase 2, the main principle of the challenge applies, except the Profit Target is reduced to 5%. The minimum number of trading days remains at 3) and not to break the daily or total drawdown rule.
The second one is a One-Step Challenge, where the user must complete the terms and conditions of the challenge. To be specific, the For Traders One-Step Challenge is about meeting a set Profit Target (10% Profit Target in the first Phase with a minimum of 3 trading days) and not to break the daily or total drawdown rule.
Yes, under predefined conditions. All you need to do is successfully complete the Trading Challenge and then qualify for a Payout in the Funded section. The challenge fee will be added to this first payout.
For both Phases of the Challenge you have a leverage of 1/125 for Forex, 1/20 for Indices, 1/20 for Stocks, 1/40 for Commodities and 1/3 for Crypto.
Since you can keep the trade open at your discretion over the weekend and you can trade important news as well, the leverage for the Funded part is reduced to Forex 1/40, Indices 1/10, Stocks 1/20, Commodities 1/10, Crypto 1/2.
Yes, it is possible to hold over the weekend and over the news. Remember that eliminating these conditions works both ways, i.e. profit and loss, and therefore appropriate risk management is necessary. Remember that according to recent research, it has been proven that stock markets experience their biggest moves when they are closed.
You can find currency pairs, commodities, a selection of stock titles or crypto. You can find all of instruments on our instruments page.
We provide customizable payouts, bi-weekly or weekly, with Crypto or Bank Transfer. More payout methods are coming soon.
Traders can request their first payout after 14 days of successful trading, and subsequently, payouts can be requested on a weekly basis. Once requested, the actual process of sending the funds is usually completed within 24 hours. We've optimized our processes to manage transactions even faster, however, due to our company accounts not being held within the European Union.
Do you have more questions? Check out the full FAQs.