Welcome to Sigma Algo, your trusted partner in navigating the dynamic world of trading. Whether you're a seasoned professional or just beginning your trading journey, we're here to equip you with the tools, knowledge, and support you need to succeed in today's markets.

Sigma Algo combines advanced algorithmic strategies with user-friendly platforms to help you make informed trading decisions. Our comprehensive suite of tools and educational resources is designed to enhance your trading experience, providing you with the insights and confidence to navigate market complexities.

Our Mission

At Sigma Algo, our mission is to democratize access to sophisticated trading technologies and education. We believe that every trader, regardless of experience level, should have access to the same high-quality tools and resources traditionally reserved for institutional investors.

Our Vision

We envision a trading community where knowledge is shared freely, innovation thrives, and every trader has the opportunity to reach their full potential. By fostering an environment of continuous learning and development, we aim to elevate the standards of trading excellence and contribute positively to the financial success of our users.

Jump right in

Navigating the GitBook

• Table of Contents: Located on the left side of the dashboard, the table of contents allows you to quickly access different sections of the guide. Each section is organized by topic, making it easy to find the information you need.

• Search Functionality: Use the search bar at the top to find specific topics or keywords within the guide.

• Hyperlinks: Clickable links are provided throughout the text to direct you to related sections or external resources for further reading.

• Breadcrumbs: At the top of each page, breadcrumbs show your current location within the guide, helping you keep track of your navigation path.

Symbols and Conventions Used

To enhance your reading experience, we've implemented the following symbols and formatting conventions:

• Bold Text: Important terms and key concepts are highlighted in bold.

• Italics: Used to emphasize crucial points or introduce new terminology.

• Notes and Tips:

  • 💡 Tip: Provides helpful suggestions or best practices.

  • 🔍 Note: Offers additional insights or important information to consider.

• Warnings and Cautions:

  • ⚠️ Warning: Indicates potential risks or critical actions that require your attention.

  • ❗ Caution: Highlights areas where careful consideration is needed to avoid common pitfalls.

• Code and Commands: Any code snippets, commands, or input fields will appear in a monospaced font for clarity.

• Visual Aids: Diagrams, charts, and screenshots are included to illustrate concepts and provide visual examples.

Getting the Most Out of This Guide

• Sequential Learning: If you're new to trading or Sigma Algo, we recommend starting from the beginning and progressing through the sections in order. This approach builds a strong foundation before moving on to more advanced topics.

• Reference Material: Experienced traders can use the guide as a reference, jumping directly to sections of interest using the table of contents or search function.

• Interactive Elements: Engage with any interactive content, such as quizzes or exercises, to reinforce your understanding of the material.

• Feedback and Support: If you have questions or need clarification on any topic, don't hesitate to reach out to our support team or consult the community forums.

Installation and Setup

Step-by-Step Installation Guide

For TradingView Users

1. Create or Log In to Your TradingView Account:

   • Visit www.tradingview.com and sign up or log in to your existing account.

2. Subscribe to Sigma Algo Indicators:

   • Purchase a Sigma Algo subscription (Alpha Plan or Sigma Plan) from our website at www.sigmaalgo.com.

   • During checkout or in your account settings, provide your TradingView username to ensure access.

3. Access Sigma Algo Indicators:

   • After your subscription is activated (usually within a few hours), log in to TradingView.

   • Open a chart, click on Indicators, and navigate to Invite-only scripts.

   • Select the Sigma Algo indicators to add them to your chart.

   

Creating an Account

To access Sigma Algo's tools and resources, you'll need to create an account:

1. Sign Up:

   • Visit www.sigmaalgo.com/register.

2. Provide Your Details:

   • Enter your name, email address, and create a secure password.

3. Agree to Terms:

   • Review and accept our Terms of Service and Privacy Policy.

4. Email Confirmation:

   • Check your email for a verification link.

   • Click the link to activate your account.

Subscription Plans

Choose the plan that best fits your trading needs:

• Alpha Plan:

  • Access to essential Sigma Algo indicators and educational materials.

  • Ideal for traders starting their journey or looking to enhance basic strategies.

• Sigma Plan:

  • Full access to all Sigma Algo tools, including advanced indicators and strategies.

  • Premium educational content, priority support, and exclusive webinars.

Payment Options:

• Credit/Debit Cards (Visa, MasterCard, American Express)

• Cryptocurrency payments (Bitcoin, Ethereum)

Managing Your Subscription:

• Upgrade/Downgrade:

  • Log in to your account at www.sigmaalgo.com.

  • Navigate to Account Settings > Subscription.

  • Select your desired plan and confirm the change.

• Renewal:

  • Subscriptions renew automatically at the end of each billing cycle.

  • You can turn off auto-renewal in your subscription settings if desired.

Updating Account Information

Keep your account up to date:

• Profile Information:

  • Update your name, contact details, and TradingView username in Account Settings.

• Password Changes:

  • Go to Account Settings > Security.

  • Enter your current password and set a new one.

• Payment Details:

  • Update your billing information under Subscription > Payment Methods.

Cancellation Policy

If you need to cancel your subscription:

• Process:

  • Log in to your account at www.sigmaalgo.com.

  • Navigate to Account Settings > Subscription.

  • Click Cancel Subscription and follow the instructions.

• Refunds:

  • Please refer to our Refund Policy at www.sigmaalgo.com/refund-policy for details on eligibility.

• Access After Cancellation:

  • You will retain access to your subscription features until the end of your current billing cycle.

Joining the Sigma Algo Community

Connect with fellow traders and get support:

• Discord Community:

  • Join our Discord server to participate in discussions, ask questions, and share insights.

  • Invitation link: Visit www.sigmaalgo.com/community for access details.

• Social Media:

  • Follow us on social media for updates, tips, and announcements.

    • Twitter: @SigmaAlgo

    • Facebook: facebook.com/SigmaAlgo

How to Get Support

We're here to assist you:

• Knowledge Base:

  • Access tutorials, guides, and FAQs at www.sigmaalgo.com/help.

• Email Support:

  • Contact us at support@sigmaalgo.com.

  • We strive to respond within 24 hours.

• Live Chat:

  • Available on our website during business hours (9 AM - 5 PM EST).

Providing Feedback

Your feedback helps us improve:

• Feature Requests:

  • Submit ideas through the Feedback section in your account dashboard.

• Bug Reports:

  • Report any issues via the Support portal or email us.

• Surveys:

  • Participate in user surveys sent periodically to your email.

General Questions

• What is Sigma Algo?

  • Answer: Sigma Algo provides advanced trading tools and educational resources to enhance your trading performance on TradingView.

• Which trading platforms are compatible with Sigma Algo tools?

  • Answer: Currently, our tools are compatible with TradingView.

Account and Billing

• How do I change my subscription plan?

  • Answer: Log in to your account at www.sigmaalgo.com, go to Account Settings > Subscription, and select your new plan.

• What payment methods are accepted?

  • Answer: We accept major credit/debit cards, PayPal, and cryptocurrencies like Bitcoin and Ethereum.

• Is there a free trial available?

  • Answer: Yes, we offer a 14-day free trial for new users on the Alpha Plan.

Technical Support

• I'm having trouble accessing the Sigma Algo indicators on TradingView. What should I do?

  • Answer: Ensure that you have provided the correct TradingView username in your Sigma Algo account. Also, check that your subscription is active. If issues persist, contact our support team.

• Can I use Sigma Algo tools on multiple devices?

  • Answer: Yes, you can use our tools on multiple devices, but simultaneous logins may be limited based on your subscription plan.

Educational Resources

• Where can I access the Trading 101 course?

  • Answer: The course is available in the Trading 101: Fundamentals section of this guide and in your account dashboard under Educational Resources.

• Do you offer personalized coaching or mentorship?

  • Answer: Personalized coaching sessions are available for Sigma Plan subscribers or can be purchased separately.

Welcome to the Trading 101 course! This section is designed to provide you with a solid foundation in trading principles and practices. Whether you're new to trading or looking to refresh your knowledge, these fundamentals are essential for your success in the markets.

Financial Markets Overview

The financial markets are platforms where buyers and sellers interact to trade assets at prices determined by supply and demand. Understanding the different types of markets is crucial:

• Stock Markets: Where shares of publicly-listed companies are bought and sold. Examples include the New York Stock Exchange (NYSE) and NASDAQ.

• Forex (Foreign Exchange) Market: A global decentralized market for trading currencies. It's the largest financial market in the world.

• Commodities Markets: Trading of raw materials like gold, oil, and agricultural products. Commodities can be traded on exchanges like the Chicago Mercantile Exchange (CME).

• Cryptocurrency Markets: Digital currencies like Bitcoin and Ethereum are traded on various exchanges worldwide.

Market Participants

• Retail Traders: Individual investors trading with personal capital.

• Institutional Traders: Organizations like banks, hedge funds, and mutual funds that trade large volumes.

• Market Makers: Entities that provide liquidity to the markets by buying and selling securities from their own accounts.

• Regulators: Bodies like the Securities and Exchange Commission (SEC) that oversee market activities to ensure fairness and transparency.

Market Sessions

• Trading Sessions: Markets operate during specific hours. For example, the Forex market operates 24 hours a day during weekdays due to overlapping time zones.

• Market Cycles: Understanding bull (rising) and bear (falling) markets helps in strategizing your trades.

What is Trading?

Trading involves buying and selling financial instruments to profit from price movements. Traders analyze the markets and execute trades based on various strategies and timeframes.

Types of Traders

• Day Traders: Open and close positions within the same trading day. They focus on short-term price movements.

• Swing Traders: Hold positions for days to weeks, aiming to capture medium-term market swings.

• Position Traders: Maintain positions for weeks to months, focusing on long-term trends.

• Scalpers: Make numerous small trades throughout the day, profiting from tiny price changes.

Order Types

• Market Orders: Execute immediately at the current market price.

• Limit Orders: Set a specific price at which you want to buy or sell. The order will only execute at that price or better.

• Stop Orders (Stop-Loss and Stop-Entry): An order to buy or sell once the price reaches a specified level, used to limit losses or enter the market.

• Trailing Stop Orders: A stop order that adjusts as the price moves in your favor, locking in profits.

Bid and Ask Prices

• Bid Price: The highest price a buyer is willing to pay for an asset.

• Ask Price: The lowest price a seller is willing to accept.

• Spread: The difference between the bid and ask price, representing the transaction cost.

Introduction to Technical Analysis

Technical analysis studies historical price data and patterns to predict future market movements. It assumes that all fundamental information is already reflected in the price.

Chart Types and Timeframes

• Line Charts: Plot the closing prices over a period, providing a simple view of price movements.

• Bar Charts (OHLC): Show the open, high, low, and close for each period, providing more detail.

• Candlestick Charts: Similar to bar charts but offer visual cues through candle bodies and wicks.

• Timeframes: Ranging from 1-minute to monthly charts. Shorter timeframes suit day trading; longer ones suit swing or position trading.

Support and Resistance Levels

• Support Level: A price point where demand is strong enough to prevent further price decline.

• Resistance Level: A price point where selling pressure prevents further price increase.

• Identifying Levels: Use historical price data to spot where prices have consistently rebounded or retraced.

Trend Lines and Chart Patterns

• Trend Lines: Straight lines drawn on charts to indicate the prevailing direction of price movements.

  • Uptrend Line: Drawn below price action, connecting successive higher lows.

  • Downtrend Line: Drawn above price action, connecting successive lower highs.

• Chart Patterns:

  • Continuation Patterns: Suggest that the existing trend will continue (e.g., flags, pennants).

  • Reversal Patterns: Indicate a potential change in trend direction (e.g., head and shoulders, double tops/bottoms).

Indicators and Oscillators

• Moving Averages (MA): Smooth out price data to identify trends.

  • Simple Moving Average (SMA): Average price over a set period.

  • Exponential Moving Average (EMA): Gives more weight to recent prices.

• Relative Strength Index (RSI): Measures the speed and change of price movements to identify overbought or oversold conditions.

• Moving Average Convergence Divergence (MACD): Shows the relationship between two moving averages to signal momentum changes.

Understanding Fundamental Analysis

Fundamental analysis evaluates the intrinsic value of an asset by examining related economic and financial factors.

Economic Indicators

• Interest Rates: Central bank policies influence borrowing costs and currency values.

• Inflation Rates: High inflation can erode purchasing power and affect asset prices.

• Employment Data: Employment levels can signal economic strength or weakness.

• Gross Domestic Product (GDP): Measures a country's overall economic output.

Company Financials (for Stocks)

• Earnings Per Share (EPS): Company's profit divided by the number of outstanding shares.

• Price-to-Earnings Ratio (P/E): Current share price relative to its per-share earnings.

• Dividend Yield: Dividend per share divided by the share price, indicating the return on investment from dividends.

• Financial Statements: Analyze income statements, balance sheets, and cash flow statements for a comprehensive view.

News and Events

• Economic Calendars: Track scheduled releases of economic data that can impact markets.

• Geopolitical Events: Political instability, elections, and international relations can influence market volatility.

• Corporate Announcements: Earnings reports, mergers, and management changes affect stock prices.

Importance of Risk Management

Risk management protects your capital and ensures long-term trading sustainability. It involves identifying, assessing, and prioritizing risks followed by application of resources to minimize and control the probability of unfortunate events.

Position Sizing

• Risk Per Trade: Decide the percentage of your capital you're willing to risk on a single trade (commonly 1-2%).

• Calculating Position Size: Use your risk per trade and the distance to your stop-loss to determine the number of units to trade.

Stop-Loss and Take-Profit Orders

• Stop-Loss Orders: Automatically close a position at a predetermined price to limit losses.

• Take-Profit Orders: Automatically close a position when it reaches a certain profit level.

• Setting Levels: Base your stop-loss and take-profit levels on technical analysis, such as support and resistance levels.

Risk-Reward Ratio

• Definition: The ratio of potential profit to potential loss.

• Optimal Ratios: Many traders aim for a minimum risk-reward ratio of 1:2, meaning they risk $1 to potentially gain $2.

• Balancing Ratios: Adjust your ratio based on the probability of trade success and market conditions.

Emotional Discipline

Trading success isn't just about strategy; it's also about managing emotions.

• Common Emotions:

  • Fear: Can lead to hesitation or exiting trades too early.

  • Greed: May cause overtrading or holding losing positions too long.

• Strategies for Control:

  • Trading Plan: Develop and stick to a plan outlining entry, exit, and risk management rules.

  • Mindfulness Practices: Techniques like meditation can help maintain emotional balance.

Common Psychological Pitfalls

• Overtrading: Trading too frequently, often due to impatience or the desire to recover losses quickly.

• Revenge Trading: Making impulsive trades after a loss to try to get even.

• Confirmation Bias: Focusing on information that confirms your beliefs while ignoring contradictory data.

• Anchoring Bias: Relying too heavily on the first piece of information encountered (e.g., initial analysis) when making decisions.

Developing a Trading Mindset

• Patience: Wait for setups that meet your criteria. Avoid forcing trades.

• Discipline: Consistently apply your trading strategy without deviation.

• Adaptability: Be willing to adjust your strategies in response to changing market conditions.

• Continuous Learning: Stay updated with market trends, new strategies, and self-improvement techniques.

Components of a Trading Plan

• Market Selection: Decide which markets or assets you will trade.

• Timeframes: Choose appropriate chart timeframes based on your trading style.

• Strategy Outline: Define your entry and exit criteria, including indicators and patterns.

• Risk Management Rules: Specify your risk per trade, maximum daily loss, and position sizing method.

• Record Keeping: Maintain a trading journal to document trades and reflect on performance.

Testing Your Plan

• Backtesting: Apply your strategy to historical data to evaluate its effectiveness.

• Demo Trading: Use a simulated trading account to practice without risking real money.

• Review and Adjust: Regularly assess your trading results and make necessary adjustments to your plan.

Introduction to Forex Trading

The Foreign Exchange Market (Forex or FX) is a global decentralized marketplace for trading national currencies against one another. It is the largest and most liquid financial market in the world, with an average daily trading volume exceeding $6 trillion.

How the Forex Market Works

• Currency Pairs: In Forex trading, currencies are traded in pairs (e.g., EUR/USD). The first currency is the base currency, and the second is the quote currency.

• Exchange Rates: The exchange rate represents how much of the quote currency is needed to purchase one unit of the base currency.

• Bid and Ask Prices:

  • Bid Price: The price at which the market is willing to buy the base currency.

  • Ask Price: The price at which the market is willing to sell the base currency.

  • Spread: The difference between the bid and ask price, representing the transaction cost.

Key Concepts in Forex Trading

• Leverage and Margin:

  • Leverage: Allows traders to control larger positions with a smaller amount of capital. For example, 100:1 leverage means you can control $100,000 with $1,000.

  • Margin: The minimum amount required to open a leveraged position.

  • ⚠️ Warning: While leverage can amplify profits, it also magnifies losses. Use it cautiously.

• Pip and Lot Sizes:

  • Pip: The smallest price move in a currency pair, typically the fourth decimal place (0.0001).

  • Lot Sizes: Standardized units for trading currency pairs.

    • Standard Lot: 100,000 units of the base currency.

    • Mini Lot: 10,000 units.

    • Micro Lot: 1,000 units.

• Market Participants:

  • Retail Traders: Individual traders participating through brokers.

  • Banks and Financial Institutions: Major players providing liquidity.

  • Central Banks: Influence currency values through monetary policy.

Forex Market Sessions

The Forex market operates 24 hours a day during weekdays due to overlapping time zones:

• Sydney Session: Begins at 10 PM GMT.

• Tokyo Session: Overlaps with Sydney, providing increased liquidity.

• London Session: Opens at 8 AM GMT; one of the most active sessions.

• New York Session: Overlaps with London, leading to high trading volumes.

Fundamental Analysis in Forex

• Economic Indicators:

  • Interest Rates: Central bank rate decisions can strengthen or weaken a currency.

  • Inflation Data: Consumer Price Index (CPI) affects purchasing power.

  • Employment Figures: Non-Farm Payrolls (NFP) in the U.S. can cause significant volatility.

• Geopolitical Events: Elections, trade agreements, and political instability can impact currency values.

Technical Analysis in Forex

• Popular Indicators:

  • Moving Averages: Identify trend directions.

  • Bollinger Bands: Measure market volatility.

  • Fibonacci Retracements: Identify potential support and resistance levels.

• Chart Patterns:

  • Head and Shoulders: Indicates potential trend reversals.

  • Double Tops and Bottoms: Signal possible price reversals.

Advantages of Forex Trading

• High Liquidity: Easy to enter and exit positions.

• Low Transaction Costs: Tight spreads reduce costs.

• Flexible Trading Hours: Trade at any time during the week.

• Leverage Opportunities: Control large positions with less capital.

Risks in Forex Trading

• Market Volatility: Rapid price movements can lead to significant losses.

• Leverage Risks: Amplifies both profits and losses.

• Counterparty Risk: The risk that the other party in a transaction may default.

Introduction to Futures Trading

Futures Contracts are standardized legal agreements to buy or sell an asset at a predetermined price at a specified time in the future. Futures are traded on exchanges and can involve commodities, indices, currencies, and more.

How the Futures Market Works

• Standardization: Contracts are standardized in terms of quality, quantity, and delivery time.

• Margin Requirements:

  • Initial Margin: A percentage of the contract's value required to open a position.

  • Maintenance Margin: The minimum account balance required to keep a position open.

• Mark-to-Market: Daily settlement of profits and losses based on market movements.

Key Concepts in Futures Trading

• Underlying Assets:

  • Commodities: Oil, gold, agricultural products.

  • Financial Instruments: Stock indices, currencies, bonds.

• Contract Specifications:

  • Contract Size: Amount of the underlying asset.

  • Tick Size: Minimum price movement.

  • Expiration Date: The date when the contract must be settled.

• Delivery vs. Cash Settlement:

  • Physical Delivery: Actual exchange of the underlying asset.

  • Cash Settlement: Payment of the difference between the contract price and market price at expiration.

Market Participants

• Hedgers: Use futures to mitigate risk from price fluctuations in the underlying asset.

• Speculators: Aim to profit from market movements without any interest in the underlying asset.

• Arbitrageurs: Exploit price differences between markets for profit.

Fundamental Analysis in Futures

• Supply and Demand Factors:

  • Weather Conditions: Affect agricultural commodities.

  • Economic Indicators: Influence financial futures like indices and currencies.

  • Global Events: Geopolitical tensions can impact commodity prices.

• Reports and Data Releases:

  • Energy Information Administration (EIA) Reports: Affect oil and gas futures.

  • Crop Reports: Influence agricultural futures.

Technical Analysis in Futures

• Volume and Open Interest:

  • Volume: Number of contracts traded during a period.

  • Open Interest: Total number of outstanding contracts not settled.

  • • Interpretation: Increasing open interest suggests new money entering the market, indicating strength.

• Price Patterns:

  • Contango: Futures price is higher than the expected future spot price.

  • Backwardation: Futures price is lower than the expected future spot price.

Advantages of Futures Trading

• Leverage: Control large contract values with relatively small capital.

• Liquidity: Many futures markets are highly liquid.

• Transparency and Regulation: Exchanges enforce standardized contracts and clear regulations.

• Diversification: Access to a wide range of markets and assets.

Risks in Futures Trading

• High Leverage Risk: Can lead to substantial losses exceeding the initial investment.

• Market Volatility: Prices can change rapidly due to various factors.

• Margin Calls: If the account balance falls below the maintenance margin, additional funds are required.

Introduction to Cryptocurrency Trading

Cryptocurrencies are digital or virtual currencies that use cryptography for security and operate on decentralized networks based on blockchain technology. Bitcoin, introduced in 2009, was the first cryptocurrency and remains the most widely known.

How the Cryptocurrency Market Works

• Decentralization: No central authority controls cryptocurrencies; transactions are verified by network nodes through cryptography.

• Blockchain Technology: A distributed ledger that records transactions across many computers.

• Mining and Consensus Mechanisms:

  • Proof of Work (PoW): Miners solve complex mathematical problems to validate transactions (e.g., Bitcoin).

  • Proof of Stake (PoS): Validators are chosen based on the number of coins they hold and are willing to "stake" (e.g., Ethereum 2.0).

Key Concepts in Cryptocurrency Trading

• Wallets:

  • Hot Wallets: Online wallets connected to the internet (more convenient but less secure).

  • Cold Wallets: Offline storage devices (more secure for long-term holding).

• Exchanges:

  • Centralized Exchanges (CEX): Operated by companies offering trading platforms (e.g., Binance, Coinbase).

  • Decentralized Exchanges (DEX): Operate without a central authority (e.g., Uniswap).

• Token vs. Coin:

  • Coin: Native to its own blockchain (e.g., Bitcoin, Ethereum).

  • Token: Built on existing blockchains (e.g., ERC-20 tokens on Ethereum).

Market Participants

• Retail Investors: Individuals trading cryptocurrencies for investment or speculative purposes.

• Institutional Investors: Hedge funds, mutual funds, and companies entering the crypto space.

• Whales: Individuals or entities holding large amounts of cryptocurrency, capable of influencing market prices.

Fundamental Analysis in Crypto

• Technology and Utility:

  • Use Case: The problem the cryptocurrency aims to solve.

  • Development Activity: Updates, forks, and technological advancements.

• Network Adoption:

  • Active Addresses: Number of unique addresses participating in transactions.

  • Transaction Volume: Overall activity on the blockchain.

• Regulatory Environment:

  • Legal Status: Varies by country; affects adoption and market sentiment.

  • Government Policies: Regulations can significantly impact prices.

Technical Analysis in Crypto

• Volatility Considerations:

  • High Volatility: Cryptocurrencies can experience rapid price changes, offering both opportunities and risks.

• Popular Indicators:

  • Relative Strength Index (RSI): Identifies overbought or oversold conditions.

  • Moving Averages (MA): Helps in identifying trends.

  • Ichimoku Cloud: Provides support and resistance levels, trend direction, and momentum.

Advantages of Cryptocurrency Trading

• 24/7 Market: Trade cryptocurrencies at any time, as the market never closes.

• High Potential Returns: Significant price movements can lead to substantial profits.

• Diversification: Cryptocurrencies provide an alternative asset class.

• Low Entry Barrier: Start trading with minimal capital.

Risks in Cryptocurrency Trading

• Regulatory Risks: Legal uncertainties can affect market access and value.

• Security Risks: Hacking and theft are concerns, especially on unsecured platforms.

• Market Manipulation: Lack of regulation can lead to price manipulation.

• Liquidity Risks: Smaller cryptocurrencies may have low liquidity, affecting trade execution.

Introduction to Prop Firms

If you're passionate about trading but lack sufficient capital to trade significant positions, proprietary trading firms, or prop firms, might be the solution for you. Prop firms allow traders to access larger amounts of capital than they might have individually, enabling them to trade more significant positions in the financial markets.

What Are Prop Firms?

Definition

A proprietary trading firm is a company that invests its own capital into the financial markets, using traders it hires or funds to generate profits. Instead of clients' money, prop firms use their own funds, and traders who work with them trade on behalf of the firm.

How They Operate

Prop firms provide traders with access to capital and often sophisticated trading platforms, tools, and resources. In return, traders share a portion of the profits they generate with the firm. The firm takes on the financial risk, while the trader applies their skills to make profitable trades.

Evaluation Process

Most prop firms require traders to go through an evaluation or assessment phase before providing access to the firm's capital. This process typically involves:

• Demo Trading: Traders trade on a simulated account under specific rules and targets.

• Performance Targets: Achieving a certain profit target without violating risk management rules.

• Time Constraints: Completing the evaluation within a set number of days or trades.

Funding Traders

Upon successful completion of the evaluation, traders receive access to a funded account with the firm's capital. The amount of capital provided often depends on the trader's performance during the evaluation.

Profit Splits

Prop firms and traders agree on a profit-sharing arrangement. Common splits range from 50/50 to 80/20, with the larger percentage typically going to the trader as an incentive.

Fees and Costs

• Evaluation Fees: Traders often pay a fee to participate in the evaluation process. This fee may be one-time or recurring.

• Platform Fees: Some firms charge for the use of their trading platforms or data feeds.

• Refundable Deposits: In some cases, evaluation fees are refundable upon meeting specific criteria.

Trading Instruments

• Futures Prop Firms:

  • Focus on futures contracts, which are agreements to buy or sell assets at a future date at a predetermined price.

  • Common assets include commodities (oil, gold), indices (S&P 500), and interest rates.

• Forex Prop Firms:

  • Specialize in foreign exchange (forex) trading, dealing with currency pairs like EUR/USD, GBP/JPY, etc.

Trading Platforms

• Futures Prop Firms:

  • Use platforms designed for futures trading, such as NinjaTrader, Tradovate, or Trading Technologies.

  • Platforms often have advanced features for analyzing market depth and order flow.

• Forex Prop Firms:

  • Commonly use platforms like MetaTrader 4/5 (MT4/MT5), cTrader, or web-based platforms.

  • Focus on technical analysis tools suitable for forex markets.

Evaluation Criteria

• Futures Prop Firms:

  • May have stricter rules on daily loss limits and position sizing due to the leveraged nature of futures contracts.

  • Evaluation might include maintaining consistency in trading futures contracts.

• Forex Prop Firms:

  • Often set profit targets and maximum drawdown limits.

  • May require adherence to specific trading days or minimum trading days.

Fees and Payout Structures

• Futures Prop Firms:

  • Evaluation fees might be higher due to the complexity of futures markets.

  • Profit splits can vary but are often competitive to attract skilled traders.

• Forex Prop Firms:

  • Typically offer a variety of account sizes with corresponding fees.

  • May offer higher profit splits to traders (up to 90% in some cases).

Futures Prop Firm Example: Topstep

Overview:

• Topstep is a well-known futures prop firm that allows traders to earn funding by proving their skills in a simulated environment.

Evaluation Process:

• Two-Step Evaluation:

  • Step 1: Meet profit targets while following risk management rules.

  • Step 2: Demonstrate consistency and adherence to rules over an additional period.

Key Features:

• Account Sizes: Ranging from $50,000 to $150,000 in virtual capital.

• Risk Management Rules:

  • Daily Loss Limits: Maximum amount you can lose in a day.

  • Consistency Rule: Encourages steady performance rather than big, risky trades.

• Fees:

  • Monthly subscription fees vary based on the chosen account size.

• Profit Split:

  • Traders keep the first $5,000 in profits, then an 80/20 split thereafter.

Example Breakdown:

• Trader Chooses a $50,000 Account:

  • Monthly Fee: $165

  • Profit Target: $3,000 in Step 1

  • Daily Loss Limit: $1,000

  • Total Loss Limit: $2,000

• Upon Passing:

  • Trader gets a funded account and can start trading real capital.

Forex Prop Firm Example: FTMO

Overview:

• FTMO is a leading forex prop firm offering funding to traders who can demonstrate their abilities.

Evaluation Process:

• Two-Phase Evaluation:

  • Phase 1 (Challenge): Achieve a 10% profit target in 30 days.

  • Phase 2 (Verification): Achieve a 5% profit target in 60 days.

• Risk Management Rules:

  • Maximum Daily Loss: 5% of the account balance.

  • Maximum Overall Loss: 10% of the account balance.

Key Features:

• Account Sizes: From $10,000 to $200,000.

• Fees:

  • One-time fee varies based on account size (e.g., €155 for a $10,000 account).

  • Fees are refunded upon successful completion of the evaluation.

• Profit Split:

  • Up to 80% to the trader, with potential increases to 90% for consistent performance.

• Other Benefits:

  • Access to performance coaches.

  • Account analysis and feedback.

Example Breakdown:

• Trader Chooses a $100,000 Account:

  • One-Time Fee: €540 (refunded after passing verification).

  • Phase 1 Profit Target: $10,000 in 30 days.

  • Phase 2 Profit Target: $5,000 in 60 days.

  • Risk Limits: Daily loss limit of $5,000; maximum loss of $10,000.

• Upon Passing:

  • Trader receives a funded account and keeps 80% of the profits.

Pros

1. Access to Capital:

   • Trade larger account sizes without risking personal funds.

2. Leverage and Buying Power:

   • Increased leverage allows for potentially higher returns.

3. Risk Management Education:

   • Strict rules enforce good trading habits and discipline.

4. Professional Environment:

   • Access to advanced trading tools and platforms.

5. Profit Potential:

   • Keep a significant portion of profits while the firm absorbs losses.

Cons

1. Evaluation Fees:

   • Upfront costs with no guarantee of passing the evaluation.

2. Strict Rules:

   • Violating any rule can result in disqualification.

3. Pressure to Perform:

   • Time constraints may lead to stress and poor decision-making.

4. Profit Splits:

   • Sharing profits with the firm reduces overall earnings.

5. Recurring Fees:

   • Some firms charge monthly fees even after funding.

Factors to Consider

1. Trading Style Compatibility:

   • Ensure the firm's rules align with your trading style (scalping, swing trading, etc.).

2. Instruments Offered:

   • Choose a firm that supports the markets you are interested in (futures, forex, commodities).

3. Evaluation Criteria:

   • Understand the difficulty level of the evaluation and whether it suits your skill level.

4. Fees and Costs:

   • Consider both upfront and ongoing costs, including platform fees.

5. Profit Split and Payouts:

   • Look for favorable profit-sharing arrangements and straightforward payout processes.

6. Support and Resources:

   • Access to educational materials, coaching, and customer support can enhance your trading.

7. Reputation and Reviews:

   • Research the firm's track record and read reviews from other traders.

8. Regulatory Compliance:

   • Ensure the firm operates legally and ethically within its jurisdiction.

Proprietary trading firms offer an excellent opportunity for traders to access significant capital and trade in professional environments. Understanding the differences between futures and forex prop firms is crucial in selecting the right one for your trading aspirations.

By carefully considering factors like evaluation processes, fees, trading instruments, and profit-sharing arrangements, you can find a prop firm that aligns with your goals and trading style.

Remember: Success with prop firms requires discipline, adherence to rules, and consistent performance. It's not just about accessing capital but also about growing as a trader within a structured framework.

Affilate link :

Overview

MyFundedFutures.com is a proprietary trading firm specializing in futures trading. They offer traders the opportunity to trade the futures market using the firm's capital, eliminating the need to risk personal funds. By successfully completing their evaluation process, traders can access funded accounts and potentially earn substantial profits.

Key Features

• Profit Split:

  • 100% of profits up to $10,000 are retained by the trader.

  • 90% profit split on earnings above $10,000.

• Evaluation Process:

  • No minimum or maximum evaluation days.

  • Traders can become funded in as little as one trading day.

• Payouts:

  • Withdrawals are available as often as weekly.

  • No set days for payouts—withdraw when you're ready after meeting objectives.

• Support:

  • 24/7 live support is available to assist traders.

• Trading Platforms:

  • Compatible with popular platforms, including:

    • TradingView

    • NinjaTrader

    • Tradovate

    • Quantower

    • VolSys

    • Volumetrica

Account Options

Starter Plan

• Price: $150 per month

• Account Size: $50,000

• Profit Target: $6,000

• Maximum Position Size: 6 contracts

• Daily Loss Limit: $2,400

• Trailing Max Drawdown: $3,500 (End-of-Day)

• Activation Fee: None

• Features:

  • Payout after achieving 5 winning days with consistency.

  • Upgrade to a live account after 30 winning days or withdrawing five times the Daily Loss Limit.

Milestone Plan

• Price: $555 one-time fee

• Account Size: $100,000

• Profit Target: $6,000

• Maximum Position Size: 6 contracts

• Daily Loss Limit: $0

• Trailing Max Drawdown: $3,000 (End-of-Day)

• Activation Fee: None

• Features:

  • No recurring monthly fees.

  • Suitable for traders aiming for a straightforward path to funding.

Expert Plan

• Price: $265 per month

• Account Size: $150,000

• Profit Target: $8,000

• Maximum Position Size: 10 contracts

• Daily Loss Limit: $0

• Trailing Max Drawdown: $3,000 (End-of-Day)

• Activation Fee: None

• Features:

  • Designed for experienced traders seeking higher capital.

  • Payouts available after meeting profit targets.

Unique Benefits

• Flexible Evaluation:

  • No time constraints on the evaluation phase.

  • Traders can progress at their own pace.

• Generous Profit Sharing:

  • Keep 100% of profits up to $10,000.

  • Enjoy a 90% profit split on earnings thereafter.

• Straightforward Path to Live Trading:

  • Opportunity to trade live markets after meeting specific criteria.

  • Access to daily payouts once eligible.

• No Hidden Fees:

  • No activation fees on any account types.

  • Transparent pricing with no surprises.

• End-of-Day Trailing Drawdown:

  • Drawdown calculated at the end of the trading day, providing more flexibility during intraday trading.

Who Is It Best Suited For?

• Aspiring Futures Traders:

  • Individuals looking to trade futures without risking their own capital.

• Traders Seeking Flexibility:

  • Those who prefer no minimum or maximum evaluation periods.

• Experienced Traders:

  • Professionals aiming for higher capital allocations and generous profit splits.

• Traders Who Value Support:

  • Individuals who appreciate 24/7 live support and a responsive team.

• High-Frequency and Day Traders:

  • Traders who benefit from End-of-Day Trailing Drawdown and no daily loss limits on certain plans.

How It Works

1. Choose an Account Type and Size:

   • Select from Starter, Milestone, or Expert plans based on your trading needs.

2. Take the 1-Step Challenge:

   • Complete the evaluation by meeting profit targets without violating drawdown limits.

   • No minimum number of trading days required.

3. Get Verified:

   • After passing the challenge, your trading performance is verified.

4. Get Funded:

   • Receive access to a funded account with the firm's capital.

   • Begin trading and keep profits as per the profit-sharing agreement.

Trading Platforms Supported

MyFundedFutures.com supports a variety of trading platforms to suit different trader preferences:

• TradingView

• NinjaTrader

• Tradovate

• Quantower

• VolSys

• Volumetrica

Frequently Asked Questions

• Who Can Trade with MyFundedFutures.com?

  • Traders from most countries are accepted, except for a list of restricted countries. You must be of legal trading age and able to verify your identity.

• What Is End-of-Day Trailing Drawdown (EOD)?

  • EOD Trailing Drawdown is calculated at the end of each trading day based on your account's highest end-of-day balance.

• Are There Withdrawal Restrictions?

  • Starter Plan: Requires 5 winning days with consistency criteria for withdrawals.

  • Expert Plan: No withdrawal restrictions; traders can withdraw profits after meeting targets.

• What Instruments Can I Trade?

  • Access to a wide range of futures contracts across CME, CBOT, COMEX, and NYMEX exchanges, including indices, currencies, commodities, and metals.

• Is There a Maximum Number of Accounts?

  • Yes, traders can have up to 10 active accounts simultaneously.

Conclusion

MyFundedFutures.com offers a compelling opportunity for traders to access significant capital and trade futures markets with favorable conditions. With flexible evaluation processes, generous profit splits, and robust support, it stands out as an excellent choice for both novice and experienced traders.

https://www.topstep.com/how-it-works/

Overview

Topstep is a leading proprietary trading firm specializing in futures trading. They offer traders the opportunity to earn funding by demonstrating their trading skills in a simulated environment called the Trading Combine®. Topstep's mission is to empower traders to professionalize their passion by providing a safe environment to learn and develop.

Key Features

• The Trading Combine®:

  • A two-step evaluation program where traders can showcase their trading abilities.

  • Realistic simulation of futures trading under actual market conditions.

• Funding Opportunities:

  • Traders who meet the objectives receive access to a Funded Account®.

  • Ability to earn and take payouts from multiple funded accounts.

• Simple Rule Structure:

  • One Rule: Adhere to the Maximum Loss Limit to avoid rule violations.

  • Trading Objectives: Non-rule violating guidelines that encourage discipline, including profit targets and consistency targets.

• Flexible Trading Environment:

  • Access to trade top futures products across various markets.

  • Use of preferred trading platforms, including Topstep's proprietary TopstepX™ platform.

• Educational Resources:

  • Free coaching, educational content, and a supportive trading community.

• Responsive Support:

  • Dedicated customer support available to assist traders with any inquiries.

Account Options

Trading Combine® Account Sizes

Topstep offers various account sizes to cater to different trader needs:

• $50,000 Account:

  • Profit Target: $3,000

  • Maximum Position Size: 5 contracts

  • Daily Loss Limit: $1,000

  • Maximum Loss Limit: $2,000

• $100,000 Account:

  • Profit Target: $6,000

  • Maximum Position Size: 10 contracts

  • Daily Loss Limit: $2,000

  • Maximum Loss Limit: $3,000

• $150,000 Account:

  • Profit Target: $9,000

  • Maximum Position Size: 15 contracts

  • Daily Loss Limit: $3,000

  • Maximum Loss Limit: $4,500

Note: Prices for the Trading Combine® vary based on the chosen account size and are subject to change. It's recommended to check the Topstep website for the most current pricing.

Unique Benefits

• One Rule Focus:

  • Maximum Loss Limit: Traders must not exceed the set loss limit, encouraging strong risk management practices.

• Realistic Trading Experience:

  • The Trading Combine® simulates live market conditions, preparing traders for actual trading environments.

• TopstepX™ Trading Platform:

  • A proprietary platform built for the unique needs of prop firm traders.

  • Features include:

    • Integrated charts.

    • The Tilt Indicator to monitor emotional trading.

    • Built-in trade copier.

    • Commission-free trading.

    • Dedicated data feed.

• Multiple Platform Support:

  • Compatibility with popular trading platforms such as NinjaTrader, Sierra Chart, and more.

• Fast Payout Processing:

  • Payout requests are processed daily, allowing traders quick access to their earnings.

• Community and Resources:

  • Access to TopstepTV, free coaching sessions, and a comprehensive help center.

  • Engagement with a community of traders for shared learning and support.

Who Is It Best Suited For?

• Aspiring Futures Traders:

  • Individuals seeking to enter the futures market without risking personal capital.

• Traders Focused on Risk Management:

  • Those who value strict adherence to risk limits and wish to develop disciplined trading habits.

• Traders Looking for Educational Support:

  • Access to coaching and educational resources makes it ideal for those wanting to improve their skills.

• Flexible Platform Users:

  • Traders who prefer to use their own trading platforms or explore Topstep's proprietary platform.

• Goal-Oriented Traders:

  • Individuals motivated to achieve specific trading objectives and progress to funded status.

How It Works

1. Start the Trading Combine®:

   • Select an account size that fits your trading style and financial goals.

   • Enroll in the Trading Combine® to begin the evaluation process.

2. Follow the Trading Plan:

   • One Rule to Follow: Do not exceed the Maximum Loss Limit.

   • Trading Objectives: Aim to meet profit targets and consistency goals without violating any rules.

3. Trade in Simulated Markets:

   • Use real-time market data to trade futures contracts in a simulated environment.

   • Access popular futures products, including E-mini S&P 500, Crude Oil, Gold, and more.

4. Earn a Funded Account®:

   • Successfully complete the Trading Combine® by meeting all objectives.

   • Receive a funded trading account to trade with the firm's capital.

5. Trade and Earn Profits:

   • Trade in the live market with the Funded Account®.

   • Keep earnings according to the firm's payout policies.

6. Payouts and Growth:

   • Request payouts after meeting the required number of winning days.

   • Opportunity to manage multiple funded accounts and scale your trading business.

Trading Platforms Supported

• TopstepX™:

  • Exclusive trading platform designed for Topstep traders.

  • Integrated features tailored for prop trading needs.

• Other Supported Platforms:

  • NinjaTrader

  • Sierra Chart

  • Bookmap

  • TradingView

  • And more

Note: Traders can choose from a variety of platforms that best suit their trading style. If a preferred platform isn't listed, traders are encouraged to contact Topstep for assistance.

Conclusion

Topstep offers a comprehensive pathway for traders to develop their skills and access funding for futures trading. With a focus on risk management and discipline, their Trading Combine® provides a realistic trading environment that prepares traders for the challenges of live markets. The combination of educational resources, community support, and flexible platform options makes Topstep an attractive choice for traders at various experience levels.

Next Steps:

• Visit Their Website: Explore more about the Trading Combine® and account options at www.topstep.com.

• Start the Evaluation: Begin your journey to becoming a funded trader by enrolling in the Trading Combine®.

• Utilize Resources: Take advantage of Topstep's educational materials, coaching, and community to enhance your trading skills.

Disclaimer: Trading futures involves significant risk of loss and is not suitable for all investors. Past performance is not indicative of future results. This summary is for informational purposes only and does not constitute financial advice. Always read and understand the firm's terms and conditions before participating.

Affiliate link :

Overview

Apex Trader Funding is a prominent proprietary trading firm specializing in futures trading. Established in 2021 and headquartered in Austin, Texas, Apex Trader Funding aims to revolutionize the trader funding model by offering a more customer-centric approach. They provide traders with the opportunity to trade futures markets using the firm's capital, allowing traders to elevate their financial journey without risking personal funds.

Key Features

• Generous Profit Sharing:

  • 100% of the first $25,000 in profits per account is retained by the trader.

  • 90% profit split on earnings beyond $25,000.

• Flexible Payouts:

  • Two payouts per month are available to funded traders.

  • No total cap on maximum payout amounts.

• Trading Flexibility:

  • No daily drawdowns and no scaling required.

  • Trade full-sized contracts in both evaluation and funded accounts.

  • Trade during news events and on holidays.

• One-Step Evaluation Process:

  • Qualify for funding by meeting profit targets without violating drawdown limits.

  • Minimum of 7 trading days required to complete the evaluation.

• Multiple Account Support:

  • Traders can manage up to 20 accounts simultaneously.

• Simple Risk Management Rules:

  • Trailing thresholds are live and can be monitored in real-time.

• Platforms and Data:

  • Real-time data fees are included.

  • Access to platforms like NinjaTrader and Tradovate at no additional cost.

• Global Reach:

  • Serving a vast community across over 150 countries.

Account Options

Apex Trader Funding offers a variety of account sizes and types to cater to different trader needs. They provide plans compatible with both Rithmic and Tradovate platforms.

Evaluation Accounts

Rithmic Plans

• $25,000 Account:

  • Starting Capital: $25,000

  • Contracts: Up to 4 standard contracts (or 40 micro contracts)

  • Profit Target: $1,500

  • Trailing Threshold: $1,500

  • Monthly Fee: $147

• $50,000 Account:

  • Starting Capital: $50,000

  • Contracts: Up to 10 standard contracts (or 100 micro contracts)

  • Profit Target: $3,000

  • Trailing Threshold: $2,500

  • Monthly Fee: $167

• $100,000 Account:

  • Starting Capital: $100,000

  • Contracts: Up to 14 standard contracts (or 140 micro contracts)

  • Profit Target: $6,000

  • Trailing Threshold: $3,000

  • Monthly Fee: $207

Tradovate Plans

• $50,000 Account:

  • Same features as the Rithmic $50,000 account.

  • TradingView Compatible

  • Browser, Mobile, and Mac Compatible

  • Monthly Fee: $167

• $100,000 Account:

  • Same features as the Rithmic $100,000 account.

  • Monthly Fee: $207

Note: All plans include the NinjaTrader platform (a $75 value) and real-time data fees (a $55 value) at no extra cost.

Performance Account (PA) Fees

• Funded Account Fee: $85 per account per month (for Rithmic plans) or $105 per account per month (for Tradovate plans).

• Maximum of 20 Performance Accounts per trader.

• Includes data and platform fees.

Evaluation Resets

• Traders can reset any evaluation account as many times as desired.

• Reset Fee: $80 per reset for Rithmic plans; $85 per reset for Tradovate plans.

Unique Benefits

• Quick Payouts:

  • Traders receive payouts twice a month, ensuring timely access to profits.

• No Daily Drawdowns:

  • Focus on overall performance without worrying about daily loss limits.

• Trade Flexibility:

  • Trade any day, 23 hours a day, including holidays.

  • Positions must be closed, and pending orders canceled before 4:59 PM Eastern Time.

• No Scaling Requirements:

  • Traders are not restricted by scaling plans and can trade up to the maximum position size from the start.

• News Trading Allowed:

  • Traders can execute their regular strategies during news events.

  • Note: Specific news trading strategies aimed at exploiting news volatility are prohibited.

• One-Step Evaluation:

  • Simplified process to qualify for funding by hitting profit targets before reaching the maximum drawdown.

• Real-Time Data and Platforms Included:

  • Access to professional trading platforms and data feeds without additional costs.

Who Is It Best Suited For?

• Active Futures Traders:

  • Individuals who actively trade futures markets and seek additional capital.

• Traders Seeking Flexibility:

  • Those who prefer minimal restrictions on trading styles, including during news events and holidays.

• High-Frequency Traders:

  • Traders who benefit from no daily drawdowns and the ability to trade full-sized contracts.

• Multiple Account Managers:

  • Traders interested in managing multiple accounts simultaneously to diversify strategies.

• Global Traders:

  • With a presence in over 150 countries, it's suitable for traders worldwide.

How It Works

1. Select an Evaluation Plan:

   • Choose from various account sizes and platforms (Rithmic or Tradovate) that best fit your trading style.

2. Complete the Evaluation:

   • Achieve the profit target without hitting the trailing threshold.

   • Minimum of 7 trading days required to qualify.

   • No daily loss limits to worry about during the evaluation.

3. Monitor Trailing Threshold:

   • The trailing threshold moves in real-time and can be tracked using the provided software.

4. Receive a Performance Account (PA):

   • Upon successful completion, receive a funded account to trade live markets.

   • Start earning profits with generous profit-sharing arrangements.

5. Trade and Earn Profits:

   • Keep 100% of the first $25,000 per account.

   • Earn 90% of profits beyond the initial $25,000.

   • Payouts are processed twice a month.

6. Manage Multiple Accounts:

   • Option to trade up to 20 accounts simultaneously.

   • Utilize different strategies or scale successful ones across multiple accounts.

Trading Platforms Supported

Rithmic Plans

• NinjaTrader:

  • Professional-grade trading platform included at no extra cost.

• Real-Time Data Feeds:

  • Access to live market data is included.

Tradovate Plans

• Tradovate Platform:

  • Modern, cloud-based futures trading platform.

• Compatibility:

  • TradingView Compatible

  • Accessible via web browsers, mobile devices, and Mac computers.

• Features:

  • Tradovate license included.

  • Real-time data feeds are part of the package.

Additional Resources

• Educational Content:

  • Tutorials and guides to help traders navigate platforms and understand rules.

• Support:

  • Customer support available via help desk 24/7.

• Community Engagement:

  • Active global community with traders from over 150 countries.

• Affiliate Program:

  • Earn a 15% lifetime referral commission on evaluation plans and resets for referred customers.

Conclusion

Apex Trader Funding offers a compelling opportunity for futures traders to access significant capital with flexible trading conditions. Their one-step evaluation process, generous profit splits, and lack of daily drawdowns make it an attractive option for both novice and experienced traders. With the inclusion of professional trading platforms and real-time data at no extra cost, traders are well-equipped to focus on what matters most—trading successfully.

Affilate Link:

Overview

TickTickTrader is a proprietary trading firm that offers traders the opportunity to trade futures markets using the firm's capital. Unlike traditional prop firms that require traders to pass lengthy evaluations, TickTickTrader provides instant funding options through their Direct Accounts, allowing traders to start trading immediately without an evaluation phase. With competitive pricing, flexible account options, and access to top-tier trading platforms, TickTickTrader aims to simplify the path to becoming a funded trader.

Key Features

• Instant Funding:

  • No Evaluation Phase: Traders can start trading immediately without undergoing a testing period.

  • No Minimum Trading Days: Withdraw profits whenever you choose, without being tied to a minimum number of trading days.

• Flexible Account Options:

  • Multiple account sizes to suit different trading styles and capital requirements.

  • Ability to manage up to 5 accounts simultaneously, maximizing profit opportunities.

• Competitive Pricing:

  • One-Time Payment: Pay once for the account with no recurring fees.

  • Transparent pricing with no hidden costs.

• Risk Management:

  • End-of-Day Drawdown: Trailing drawdown is calculated at the end of the trading day, providing traders with more intraday flexibility.

  • No Scaling Rule: Trade with full capital from the start without gradual scaling requirements.

• Withdrawal Flexibility:

  • Withdraw Anytime: Traders are not restricted by minimum trading days or profit targets to make withdrawals.

  • Withdrawal Limits: Up to a specific amount per payout, depending on the account type.

• Trading Platform:

  • Tradovate Data Feed: Experience fast, reliable market data for precise trading.

  • Compatible with popular trading platforms like TradingView via Tradovate integration.

• Transition to Live Trading:

  • Live Transition: Opportunity to move to a live trading environment after achieving six payouts.

Account Options

TickTickTrader offers three main Direct Account options, each with its own features and pricing:

$100,000 Core Direct Account

• Price: $629 (One-Time Payment)

• Max Contracts: 10 Standard Contracts or 100 Micro Contracts

• Daily Loss Limit: $2,500 (Soft Breach)

• Max Drawdown: $5,000 (End-of-Day Mode)

• Withdrawal Limit: Up to $2,000 per payout

• Features:

  • Instant funding with no evaluation phase.

  • Manage up to 5 accounts simultaneously.

  • No scaling rule; trade with full capital immediately.

  • KYC verification required for withdrawals.

  • Terms and conditions apply upon purchase.

$150,000 Prime Direct Account

• Price: $699 (One-Time Payment)

• Max Contracts: 15 Standard Contracts or 150 Micro Contracts

• Daily Loss Limit: $3,750 (Soft Breach)

• Max Drawdown: $7,500 (End-of-Day Mode)

• Withdrawal Limit: Up to $3,000 per payout

• Features:

  • Start trading immediately with instant funding.

  • Trade up to 5 accounts at once to maximize earnings.

  • No minimum trading days required for withdrawals.

  • KYC verification required for withdrawals.

  • Live transition available after six payouts.

$250,000 Zenith Direct Account

• Price: $999 (One-Time Payment)

• Max Contracts: 25 Standard Contracts or 250 Micro Contracts

• Daily Loss Limit: $6,250 (Soft Breach)

• Max Drawdown: $12,500 (End-of-Day Mode)

• Withdrawal Limit: Up to $4,000 per payout

• Features:

  • No evaluation required; instant access to trading capital.

  • Ability to manage up to 5 accounts simultaneously.

  • Begin trading with full capital from day one without scaling.

  • KYC verification required for withdrawals.

  • Eligible for live trading transition after six successful payouts.

Unique Benefits

• No Evaluation Phase:

  • Traders can bypass the traditional evaluation process and start trading immediately.

• End-of-Day Drawdown:

  • Drawdown calculations are made at the end of the trading day, providing more flexibility during the trading session.

• No Recurring Fees:

  • One-time payment for account access with no monthly subscriptions.

• Multiple Account Management:

  • Trade up to five accounts simultaneously, allowing for strategy diversification and increased earning potential.

• Withdrawal Flexibility:

  • No minimum trading days required to withdraw profits.

  • Withdrawal limits are generous and scale with account size.

• Transition to Live Trading:

  • Opportunity to move to a live account after achieving six payouts, offering a path to real-market trading.

Who Is It Best Suited For?

• Experienced Traders:

  • Those who have a proven trading strategy and want immediate access to trading capital without an evaluation phase.

• Traders Seeking Flexibility:

  • Individuals who prefer not to be bound by minimum trading days or scaling rules.

• High-Frequency Traders:

  • Traders who can benefit from intraday flexibility provided by end-of-day drawdown calculations.

• Multi-Strategy Traders:

  • Those who wish to manage multiple accounts simultaneously to diversify their trading strategies.

• Traders Looking for Cost Efficiency:

  • With one-time payments and no recurring fees, traders can manage costs effectively.

How It Works

1. Choose an Account Type:

   • Select from the $100K Core, $150K Prime, or $250K Zenith Direct Accounts based on your trading needs.

2. Make a One-Time Payment:

   • Pay the account fee upfront with no hidden or recurring charges.

3. Start Trading Immediately:

   • Since there is no evaluation phase, you can begin trading right away.

4. Trade Within Account Parameters:

   • Adhere to the maximum contract limits, daily loss limits, and max drawdown rules.

5. Monitor Risk Management:

   • Keep track of the end-of-day drawdown to manage your risk effectively.

6. Manage Multiple Accounts (Optional):

   • If desired, manage up to five accounts simultaneously to maximize profit potential.

7. Withdraw Profits:

   • Withdraw your earnings at any time without the need to meet minimum trading days.

   • Withdrawal amounts are subject to limits based on account type.

8. Complete KYC Verification:

   • Provide necessary identification documents for withdrawal processing.

9. Transition to Live Trading:

   • After successfully achieving six payouts, you may qualify to transition to a live trading environment.

Trading Platforms Supported

• Tradovate:

  • TickTickTrader uses the Tradovate data feed, offering fast and reliable market data.

  • Tradovate is compatible with TradingView, allowing traders to use the TradingView interface for analysis and trade execution.

• TradingView Integration:

  • Traders can leverage the advanced charting tools and user-friendly interface of TradingView.

  • Access to a broad community and additional resources available on TradingView.

Conclusion

TickTickTrader provides a streamlined path for traders to access trading capital without the hurdles of traditional evaluation processes. With instant funding, flexible account options, and no recurring fees, traders can focus on executing their strategies and growing their accounts. The combination of end-of-day drawdown, no scaling rules, and the ability to manage multiple accounts makes TickTickTrader an attractive option for experienced traders seeking flexibility and efficiency.

Next Steps:

• Visit Their Website: Learn more and sign up at tickticktrader.com.

• Select an Account: Choose the Direct Account that aligns with your trading objectives.

• Start Trading: Begin trading immediately and take advantage of the flexible withdrawal options.

• Review Terms and Conditions: Ensure you understand all account terms before purchasing.

Disclaimer: Trading futures involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results. This information is provided for educational purposes and does not constitute financial advice. Always read and understand the firm's terms and conditions before participating.

Affilate Link :

Overview

Take Profit Trader is a proprietary trading firm that offers a straightforward, one-step funding program for futures traders. They focus on eliminating unnecessary complexities and providing traders with a clear path to trading firm capital. With no frills or gimmicks, Take Profit Trader streamlines the journey to sustainable profits, allowing traders to withdraw earnings from day one of their PRO account.

Key Features

• One-Step Evaluation:

  • Prove your trading skills by reaching a profit target while following a set of risk rules.

  • Become a PRO trader as soon as your skills are verified, typically in as little as 5 trading days.

• Immediate Withdrawals:

  • Start earning real money from day one in your PRO account.

  • No minimum number of profitable days required before making withdrawals.

• Competitive Profit Split:

  • 80/20 profit split in the PRO account.

  • Upgrade to PRO+ to enjoy a 90/10 profit split.

• No Scaling Plan:

  • No contract limits between the test and PRO account.

  • Trade with full capital from the start without scaling restrictions.

• Flexible Account Options:

  • Multiple account sizes to suit different trading styles and capital requirements.

  • Ability to trade up to 5 PRO accounts simultaneously.

• Risk Management:

  • End-of-Day Trailing Drawdown during the evaluation (test) phase.

  • Intraday Drawdown in the PRO and PRO+ accounts.

  • Daily Loss Limits in place to encourage disciplined trading.

• Platform Compatibility:

  • Connect to over 15 trading platforms, including popular options like NinjaTrader, TradingView, and Tradovate.

  • Choose between CQG and Rithmic data feeds based on platform compatibility.

• Live Support:

  • 24-hour live support available to assist traders with any inquiries.

Account Options

Take Profit Trader offers a range of account sizes to meet various trading needs:

Futures Account Sizes

Note: Prices are per month during the evaluation (test) phase. Upon reaching the PRO account, a one-time fee of $130 is required, with no recurring monthly fees.

Unique Benefits

• Fast Path to Funding:

  • Achieve funding in as little as 5 trading days.

  • No extended evaluation periods that can take up to 60 days with other firms.

• Immediate Profit Withdrawals:

  • Withdraw profits from day one in the PRO account.

  • No waiting periods or minimum trading days required.

• Flexible Trading Conditions:

  • No contract limits enforced between test and PRO accounts.

  • Ability to trade up to 5 PRO accounts simultaneously.

• PRO Account Resets:

  • Up to 3 resets allowed in the PRO account.

  • Provides flexibility to recover from setbacks.

• No Scaling Plan:

  • Trade your full contract size from the start.

  • No need to adjust strategies due to scaling restrictions.

• Upgrade to PRO+:

  • Eliminate the daily loss limit in the PRO+ account.

  • Enjoy a more favorable 90/10 profit split.

• Transparent Fee Structure:

  • One-time fee for the PRO account activation.

  • No recurring monthly fees in the PRO and PRO+ accounts.

Who Is It Best Suited For?

• Aspiring Futures Traders:

  • Individuals seeking a straightforward path to trading firm capital.

• Traders Focused on Quick Funding:

  • Those who prefer a fast evaluation process without prolonged testing periods.

• Disciplined Traders:

  • Traders who can adhere to set risk management rules and demonstrate consistency.

• Platform-Savvy Traders:

  • Those who prefer to use their own trading platforms and require flexibility in platform choice.

• Traders Seeking Immediate Earnings:

  • Individuals who value the ability to withdraw profits without delays.

How It Works

1. Select Your Account Size:

   • Choose a futures account size that fits your trading skills and objectives.

   • Purchase the monthly subscription to begin the evaluation (test) phase.

2. Prove You Can Trade:

   • Reach the profit target while adhering to risk management rules.

   • Demonstrate consistency over a minimum of 5 trading days.

3. Become a PRO Trader:

   • Upon successful completion, pay a one-time $130 activation fee to receive your PRO account.

   • Start trading with the firm's capital, earning real profits.

4. Start Earning Money:

   • Withdraw profits from day one in your PRO account.

   • Enjoy an 80/20 profit split in the PRO account.

5. Upgrade to PRO+:

   • Elevate your trading experience by upgrading to PRO+.

   • Benefits include:

     • No daily loss limit.

     • Enhanced 90/10 profit split.

     • Trading in a live market environment.

Trading Platforms Supported

• CQG Data Feed:

  • Platforms Available:

    • NinjaTrader

    • TradingView

    • Tradovate

• Rithmic Data Feed:

  • Platforms Available:

    • R Trader

    • Quantower

    • MotiveWave

    • And more

• Over 15 Supported Platforms:

  • Take Profit Trader supports a wide range of platforms, allowing traders to choose the one that best suits their needs.

Comparison with Other Firms

Additional Information

• Risk Management Rules:

  • Daily Loss Limit: Specific to each account size; violating this results in account termination.

  • End-of-Day Trailing Drawdown: Applies during the test phase; shifts to intraday drawdown in PRO and PRO+ accounts.

  • Consistency Rule: Applies during the test phase to ensure traders are not relying on one-off large trades.

• Withdrawal Process:

  • Profits can be withdrawn immediately in the PRO and PRO+ accounts.

  • No maximum withdrawal amount; traders keep 80% or 90% of profits depending on the account level.

• Support and Resources:

  • Access to a comprehensive Knowledge Base.

  • Live support available 24/7 for assistance.

Conclusion

Take Profit Trader offers a no-nonsense, streamlined approach to prop trading. With a focus on allowing traders to reach their full potential, they provide a quick path to funding, immediate profit withdrawals, and flexible trading conditions. The ability to upgrade to PRO+ for enhanced benefits further sets them apart from competitors. Their platform is ideal for disciplined traders seeking a straightforward and efficient way to trade futures with firm capital.

Next Steps:

• Visit Their Website: Learn more and get started at takeprofittrader.com.

• Choose Your Account: Select the account size that aligns with your trading goals.

• Begin Trading: Start the evaluation process and work towards becoming a PRO trader.

• Leverage Resources: Utilize their knowledge base and live support to enhance your trading journey.

Disclaimer: Trading futures involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results. This information is provided for educational purposes and does not constitute financial advice. Always review the firm's terms and conditions before participating.

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Affilate Link:

Overview

Belunox is a proprietary trading firm that focuses on nurturing and financially supporting talented traders. Their mission is to provide all the necessary tools and resources for traders to transform their passion for trading into a stable and profitable career. By offering a supportive ecosystem, Belunox aims to build mutually beneficial relationships that foster personal and financial growth for traders.

Key Features

• Qualification Account:

  • Traders demonstrate their skills by trading on a Qualification Account.

  • Focus on personal trading strategies and market understanding.

  • No hidden rules; traders must follow clear guidelines and show consistent results.

• Master Account:

  • Successful traders transition to a Master Account, where they trade with the firm's capital.

  • Traders receive full support and expert supervision to reach their full potential.

  • Opportunity to earn up to 90% of profits.

• Account Options:

  • Multiple account sizes to fit different trading strategies and risk appetites.

  • Choice between No Scaling Accounts and End-of-Day (EOD) Accounts.

• Generous Profit Sharing:

  • Traders keep 100% of the first $10,000 in profits.

  • After the initial $10,000, profit splits can be up to 90% in favor of the trader.

• Free Trading Terminal:

  • Access to a professional trading platform at no additional cost.

Account Options

Belunox offers a variety of account tiers to accommodate different trader needs:

$10,000 Account

• Max Position Size: 5 micro contracts

• Profit Target: $1,000

• Max Drawdown: $1,000

• Profit Split: First $10,000 at 100%; up to 90% thereafter

• Monthly Fee: $115

• Options:

  • No Scaling Account

  • End-of-Day (EOD) Account

$25,000 Account

• Max Position Size: 3 standard contracts

• Profit Target: $1,500

• Max Drawdown: $1,500

• Profit Split: First $10,000 at 100%; up to 90% thereafter

• Monthly Fee: $145

• Options:

  • No Scaling Account

  • End-of-Day (EOD) Account

$50,000 Account

• Max Position Size: 7 standard contracts

• Profit Target: $3,000

• Max Drawdown: $2,500

• Profit Split: First $10,000 at 100%; up to 90% thereafter

• Monthly Fee: $175 (currently discounted to $125 with coupon code "$50OFF")

• Options:

  • No Scaling Account

  • End-of-Day (EOD) Account

$100,000 Account

• Max Position Size: 12 standard contracts

• Profit Target: $6,000

• Max Drawdown: $3,000

• Profit Split: First $10,000 at 100%; up to 90% thereafter

• Monthly Fee: $215 (currently discounted to $155 with coupon code "$60OFF")

• Options:

  • No Scaling Account

  • End-of-Day (EOD) Account

$150,000 Account

• Max Position Size: 15 standard contracts

• Profit Target: $9,000

• Max Drawdown: $4,500

• Profit Split: First $10,000 at 100%; up to 90% thereafter

• Monthly Fee: $325

• Options:

  • No Scaling Account

  • End-of-Day (EOD) Account

$250,000 Account

• Max Position Size: 25 standard contracts

• Profit Target: $15,000

• Max Drawdown: $5,500

• Profit Split: First $10,000 at 100%; up to 90% thereafter

• Monthly Fee: $535

• Options:

  • No Scaling Account

  • End-of-Day (EOD) Account

Note: Traders can start with a 14-day free trial to experience the platform before committing.

Unique Benefits

• Tailored Account Options:

  • Choose between No Scaling Accounts, which allow full position size from the start, and EOD Accounts, which calculate drawdown at the end of the day.

• Generous Profit Sharing:

  • Keep 100% of the first $10,000 in profits.

  • Profit splits of up to 90% thereafter provide substantial earning potential.

• Free Trading Platform:

  • Access to a professional trading terminal without additional fees.

• Supportive Ecosystem:

  • Full support and expert supervision to help traders reach their potential.

• Flexible Contract Sizes:

  • Max position sizes vary by account, accommodating different trading strategies.

• Transparent Rules:

  • Clear guidelines and rules ensure traders know exactly what's expected.

Who Is It Best Suited For?

• Aspiring Professional Traders:

  • Individuals looking to transition into professional trading with the support of a firm.

• Experienced Traders Seeking Capital:

  • Traders who have proven strategies but lack sufficient capital to maximize profits.

• Discipline-Focused Traders:

  • Those who can follow set rules and demonstrate responsible trading behavior.

• Traders Seeking Flexibility:

  • With various account sizes and options, traders can select the setup that best fits their style.

How It Works

1. Register and Create an Account:

   • Sign up on the Belunox website to create a personal account.

2. Choose an Account Size:

   • Select the account tier that aligns with your trading strategy and risk tolerance.

3. Start Trading on a Qualification Account:

   • Begin trading using the firm's Qualification Account to showcase your skills.

4. Follow the Rules and Show Results:

   • Adhere to the specified rules and guidelines.

   • Meet the profit targets and stay within drawdown limits.

5. Transition to a Master Account:

   • Upon successful completion of the qualification phase, move to a Master Account.

   • Trade with the firm's capital and receive support to enhance your trading performance.

6. Profit Sharing:

   • Keep 100% of the first $10,000 in profits.

   • Continue earning with profit splits of up to 90%.

Trading Platforms Supported

• Belunox Trading Terminal:

  • Traders gain access to a proprietary trading platform provided by Belunox.

  • The platform is free to use and includes all necessary tools for trading futures.

Advantages of Trading with Belunox

• Risk Mitigation:

  • Trade without risking personal capital.

  • Losses are limited to the associated fees for the qualification account.

• Capital Accessibility:

  • Overcome the limitations of insufficient personal capital by leveraging the firm's funds.

• Discipline and Risk Management:

  • Structured environment promotes disciplined trading and adherence to risk management rules.

• Simplified Account Setup:

  • All technology and account setup are handled by Belunox, reducing administrative burdens.

Conclusion

Belunox offers a comprehensive ecosystem for trader development, focusing on supporting and funding talented traders. With flexible account options, generous profit sharing, and a supportive environment, Belunox provides the tools and resources needed for traders to succeed. Whether you're an aspiring trader looking to prove your skills or an experienced trader seeking additional capital, Belunox offers opportunities to trade without risking your own funds and to grow in a collaborative setting.

Next Steps:

• Visit Their Website: Learn more and sign up at belunox.com.

• Start with a Free Trial: Take advantage of the 14-day free trial to experience the platform.

• Choose an Account: Select the account tier that best fits your trading strategy.

• Begin Your Trading Journey: Demonstrate your skills and work towards becoming a funded trader with Belunox.

Disclaimer: Trading futures involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results. This information is provided for educational purposes and does not constitute financial advice. Always review the firm's terms and conditions before participating.

1. MyFundedFutures.com: A futures prop firm offering flexible evaluation processes, generous profit splits, and support for multiple trading platforms.

2. Topstep: One of the pioneers in the industry, offering the Trading Combine® evaluation to help traders earn a funded account with a focus on risk management.

3. Apex Trader Funding: Provides traders with the opportunity to trade futures with significant capital, featuring a one-step evaluation and generous profit splits.

4. TickTickTrader: Offers instant funding options with no evaluation phase, allowing traders to start trading immediately.

5. Take Profit Trader: A no-nonsense funding company with a one-step evaluation, allowing traders to withdraw profits from day one of their PRO account.

6. Belunox: Focuses on trader development, offering a supportive ecosystem and multiple account options to help traders transform their passion into a stable career.

General Features

Account Options and Pricing

Pros and Cons

MyFundedFutures.com

Pros:

• Flexible Evaluation: No minimum or maximum evaluation days.

• Generous Profit Split: 100% of profits up to $10K, then 90%.

• Platform Variety: Supports multiple trading platforms.

• End-of-Day Drawdown: Provides more intraday flexibility.

• Quick Payouts: Withdrawals available as often as weekly.