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For Traders
|
CEO |
Country |
Trust Pilot |
Date of creation |
Years |
|
Jakub Roz |
🇦🇪 AE |
⭐ 4.3 |
June 2023 |
2 Years |
ForTraders Evaluation Programs and Accounts
Details of the funding company For Traders
ForTraders has positioned itself as one of the most comprehensive options for those looking to stand out in the competitive trading market. In this article, we explore how this platform helps traders optimize their performance, take advantage of funded accounts, and move toward more robust and profitable trading.
Overview of For Traders
Broker:
Platforms:
Payment methods
Payment methods when purchasing:
Withdrawal methods:
Instruments and assets available on ForTraders
Instruments:
Assets
Leverage by Account Type and Market
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Assets |
Instant |
1-Step |
2-Steps |
3-Steps |
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Forex | ||||
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Metals | ||||
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Indices | ||||
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Energy | ||||
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Commodities |
ForTraders Commissions
💹 Forex
Trades on the Forex market have a cost of $3 per lot, applied as standard to all accounts. This fee covers the operating costs associated with executing orders on the major currency pairs.
📊 Indices
There is no commission on index trading, so the cost per lot is $0. This condition allows traders to trade instruments such as the NAS100, US30, or SPX500 with total efficiency and no additional charges.
💰 Commodities
Trading commodities such as gold, silver, oil, or agricultural products costs $3 per lot, maintaining a uniform and competitive fee structure.
⛏️ Metals
For precious metals, such as gold (XAU/USD) and silver (XAG/USD), the cost per lot is also $3, ensuring balanced trading conditions across different asset classes.
⚡ Energy
Trades involving energy instruments, such as WTI and Brent, cost $3 per lot, reflecting a consistent and transparent fee policy across all markets available within FXIFY.
📊 Consistency Rules
FXIFY establishes consistency rules with the purpose of ensuring sustained, balanced growth that is representative of the trader’s actual skills, preventing results from depending on a single day or exceptional trades.
⚡ Instant Master Account
In Instant Master accounts, traders must maintain a level of consistency in their results to demonstrate stable performance.
The total profits earned on your best trading day must be less than 15% of your total accumulated profits.
If your profits exceed that percentage, you must continue trading until the average is balanced and the ratio remains within the allowed limit.
🎯 Three-Step Challenge and Master Accounts
In Three-Step Challenge and Master Accounts, consistency is also a key factor in advancing or maintaining the validity of the account.
The amount earned on your best trading day must be less than 40% of your total accumulated profits.
If you exceed this limit, you must continue trading until the ratio is reduced and the 40% rule is met again.
📑 ForTraders Rules
🚫 Prohibited Trading Practices
These trading strategies are prohibited on For Traders:
Arbitrage, high-frequency trading HFT, tick scalping, group trading, martingale, hedging, trading on behalf of others, trading third-party accounts.
It is not permitted to pass the challenge with a single trade: your largest trade must not exceed 70% of your profit target.
📉 40% Margin Rule
You are not allowed to use more than 40% of the available margin in a single trade or in multiple trades with the same asset and direction.
This rule applies to 1-step, 2-step, and 3-step accounts.
💤 Inactivity Rule
At For Traders, both evaluation accounts and funded accounts can remain inactive for up to 30 consecutive days. If this period is exceeded, the account will be permanently deactivated, with no possibility of reactivation.
On the other hand, Instant Pro and Instant Master accounts have a stricter limit: only a maximum of 7 days of inactivity is allowed. Exceeding this period also results in the permanent deactivation of the account.
⚡ Instant Master Pro Account Rule
To be eligible for any type of withdrawal, the Instant Master Pro account must show a minimum growth of 3%.
If the total return is less than 3%, it will not be possible to request or process rewards or benefit payments. This rule ensures that withdrawals are made only on consolidated profits, reflecting actual and sustainable performance.
💸 For Traders Payment Policy
📆 Payment Frequency
Traders can request withdrawals every 14 days, providing regular access to their profits without unnecessary restrictions.
📊 Profit Sharing Percentage
For 1-Step, 2-Step, and 2-Step Pro accounts, the profit share is 80% for the trader.
For Instant Accounts, the share varies between 70% and 90%, depending on the selected plan and the specific conditions of the account.
💵 Withdrawals over $500
- Through Rise: $25 USD processing fee.
- By direct bank transfer: $50 USD processing fee.
💵 Withdrawals under $500
Payments are processed via crypto transfer in USDC (ERC20 network), with a processing fee of $20 USD.
🌍 Restricted Countries
The following countries are prohibited from trading with For Traders:
- 🇧🇩 Bangladesh
- 🇧🇾 Belarus
- 🇺🇦 Crimea
- 🇨🇺 Cuba
- 🇮🇷 Iran
- 🇱🇧 Lebanon
- 🇱🇾 Libya
- 🇲🇲 Myanmar
- 🇰🇵 North Korea
- 🇵🇰 Pakistan
- 🇺🇦 Donetsk and Luhansk
- 🇷🇺 Russia
- 🇸🇩 Sudan
- 🇸🇾 Syria
- 🇦🇪 United Arab Emirates
- 🇻🇳 Vietnam