Dossier · Independent review
For Traders: the dossier
For Traders is a newer (2023), offshore-registered simulated prop firm with broad platform and instrument coverage and a 48-hour payout guarantee.
Short verdict
For Traders stands out for wide platform/instrument coverage and fast payouts, tempered by a short track record and limited rule disclosure up front; watch out for offshore primary registration (Saint Lucia) — worth weighing for recourse.
The Prop Examiner verdict-in-brief
Wide platform/instrument coverage and fast payouts, tempered by a short track record and limited rule disclosure up front.
90%
Profit split (up to)
$36
Entry price (from)
$100K
Max funding (headline)
Scorecard
Five dimensions, scored 0–5
3.6
avg
- Pricing & value
- 4.0/5
- Profit split
- 4.0/5
- Payout speed
- 4.0/5
- Rules flexibility
- 4.0/5
- Transparency
- 2.0/5
Advertised vs verified
At a glance
Advertised claims vs what we could verify. “Up to” figures are maximums; rows flagged verify before launch are unconfirmed.
- Founded
- 2023verified
- Headquarters
- Rodney Bay, Gros-Islet, Saint Lucia (plus a Dubai, UAE office)verified
Every figure traces to the cited & dated sources below.
What actually binds you
Key trading rules
Where challenges are won or lost — sourced from For Traders’s own pages. Rules vary by product; the per-plan breakdown follows.
| Phase / model | Rule | Published value |
|---|---|---|
| One-Step | Profit target | 9% simulated profit |
| Two-step / Instant | Profit target | Not stated on homepageverify |
| All | Daily loss limit | Not stated on homepageverify |
| One-Step | Max overall loss | ~5% drawdown (type — trailing vs static — not stated)verify |
| All | Minimum trading days | Unlimited time to reach target; min days not statedverify |
| All | Consistency | Not stated on homepageverify |
| All | Prohibited styles | Not stated on homepage — see rules/terms pagesverify |
Only the One-Step profit target was confirmable from the homepage. The daily-loss limit, drawdown type, minimum trading days, consistency rule, and prohibited-style list were not stated up front and must be confirmed before buying.
EAs, algos, bots & copy trading
Automation & AI policy
MIXED — EAs/algos allowed only as assistants to manual trading (no fully autonomous bots), with HFT/arbitrage and a 5-minute news window banned.
| Policy area | What the firm states |
|---|---|
| Expert Advisors (EAs) | Limited — Assistive EAs that support your own manual trading decisions are permitted, but EAs/scripts/software that trade autonomously and complete the challenge "on your behalf" without direct input are prohibited. Any EA "must strictly support your manual strategy and must not take over control of your trades." |
| Algorithmic trading | Limited — Fully autonomous algorithmic systems are not allowed; algos may only assist manual trading. |
| Copy trading | Limited — Copying from another individual's account or any external source is prohibited; to trade the same pair across your own accounts you must wait at least 30 minutes between entries or it is treated as copy trading. |
| HFT / tick scalping | Banned — Listed among prohibited strategies (HFT, latency arbitrage, tick scalping, grid, martingale). |
| Trading bots / AI | Limited — Trading bots that trade autonomously without direct input are prohibited; bots/EAs are only acceptable as aids to a manual strategy. AI/ML not separately addressed. |
| News trading | Restricted — You may hold through news, but cannot open or close any trades within 5 minutes before and 5 minutes after a high-impact news release. |
| Automation platforms | cTrader, TradeLocker, MetaTrader 5 (MT5 the primary EA platform), plus a custom in-house platform. |
Verbatim policy from For Traders. Items flagged verifyare unconfirmed — check the firm’s terms for your product. Educational information, not trading advice.
Looking to compare automation rules across firms? See our best prop firms for AI, algo & EA trading ranking.
What you trade on & what binds the funded account
Platforms & funded-account rules
What binds a funded account: platforms, post-funding consistency, scaling, refunds, time and position limits, weekend / news rules. Each value links its ↗ source; = explainer; verify = unconfirmed.
Trading platforms provided
Payouts & timing
Payout frequency
14-day reward cycle (Forex/most); Instant/Fast variants offer On-Demand. Futures Instant withdrawals once balance clears the safety-net threshold (e.g. >$52,000 on a $50K).
First payout
First payout at end of the first 14-day reward cycle; requires min 3 profitable days (7 on Instant/Forex Instant, 6 on Futures Fast). Challenge fee refunded with the first withdrawal.
Payout methods
Withdrawal methods not published on the rules page. verify
Profit-split scaling
Up to 80% standard; Instant starts 70% rising 5%/reward cycle to 90%; Crypto/Futures Fast Pro up to 90–100%; reward cycle 14 days or On-Demand.
Payout / profit cap
Max reward $15,000 per 14-day cycle (Forex/most); Futures Fast Pro capped 3–10% of balance by reward number; Futures Instant $800–$2,500/cycle.
Refundable fee
Challenge fee refunded with the trader's first withdrawal/payout (industry first-payout model). verify
Funded-account rules & cost
Cost
Cheapest entry ~$36 (Forex Fast $6K, post-25BOGO promo); Forex range ~$36–$351 ($6K–$100K); Crypto/Futures configurator-priced.
Payment methods (to buy)
Credit/debit card and crypto (the same fee-free, instant methods used for rewards); PayPal not offered. (Runs on the FunderPro platform, which also supports bank/wire.) verify
Inactivity rule
Standard/eval accounts must close at least 1 trade every 30 days; Instant/Fast variants every 7 days; Futures Instant Pro every 14 days.
Max position / lot limit
No explicit lot cap on Forex/Crypto; Futures accounts have Max Position Size limits (e.g. 2–6 minis / 20–60 micros by size).
8 plans · per-plan detail
Rules by account plan
Every plan’s model, rules and size/price matrix. = explainer · ↗ source = firm’s page · verify = unconfirmed. Compare against other firms →
One-step evaluation with up to 80% profit split, a 9% profit target and bi-weekly payouts — suited to confident traders who want funding quickly without a second phase.
Sizes & price
| Account size | Entry price |
|---|---|
| $6K | $36 |
| $15K | $74 |
| $25K | $134 |
| $50K | $186 |
| $100K | $351 (list $469) |
Prices shown are post-25BOGO promo. "Fast Static" variant swaps trailing DD for static; figures shift within listed ranges. Master account extras: same 3% daily / 6% trailing; "Drawdown Protection" — floating loss must not reach -2% of starting balance (1st breach closes trades + cuts split to 50%; 2nd breach closes account); 30-day inactivity.
Rules sourced from official pages — One-Step (1-Step) — Forex, Fast variant rules hub. Promo terms change; confirm at checkout.
Rule glossaryEvery term on this page, in plain English
- Profit target
- The percentage gain a trader must achieve on a challenge or evaluation account to advance to the next phase or become funded. It is usually measured against the starting balance and must be met without breaching any loss limit.
- Max daily loss
- A cap on how much an account may fall within one trading day, measured from either the day's starting balance or starting equity. Breaching it typically fails the account, even if the overall loss limit is untouched.
- Max overall loss
- Also called maximum total loss or overall drawdown — the furthest an account may fall from its baseline before it is failed. Whether the baseline is fixed or moves with profits depends on the drawdown type.
- Static drawdown
- A maximum-loss level calculated once from the starting balance and held fixed for the life of the account. Profits do not raise it, so the buffer below your equity grows as you gain.
- Trailing drawdown
- A maximum-loss level that follows the account upward as it reaches new equity or balance highs, locking in some gains. Once it ratchets up it usually does not fall back, so giving back profits can still breach it.
- End-of-day (EOD) drawdown
- A trailing drawdown that recalculates from the highest end-of-day balance rather than intraday peaks. Open-trade spikes during the day do not move the limit — only the closing figure does.
- Minimum trading days
- A requirement to place trades on a set number of distinct days before an account can pass a phase or request a payout. It discourages passing on a single lucky trade.
- Consistency rule
- A limit on how concentrated profits may be — for example, no single day may account for more than a set percentage of total profit. It is meant to reward steady performance over one-off windfalls; breaching it can delay a payout or block a pass.
- Profit split
- The percentage of profits a funded trader keeps, with the rest retained by the firm (e.g. an 80% split means the trader keeps 80%). Advertised "up to" splits are usually ceilings reached only at higher tiers or after scaling.
- Scaling plan
- A structured path that increases a funded trader's account size (and sometimes profit split) after meeting performance and consistency conditions. Terms and timelines vary widely between firms.
- Leverage
- The ratio between position size and the capital backing it (e.g. 1:100 means $1 controls $100 of exposure). Higher leverage amplifies both gains and losses against your drawdown limits.
- Evaluation / challenge
- A simulated trading test — sometimes called a challenge — where a trader must hit a profit target without breaking the rules to earn a funded (or simulated-funded) account. It usually carries a one-time fee.
- Instant funding
- A product that skips the evaluation and grants a funded account immediately, typically for a higher upfront fee and often with stricter rules, lower initial splits, or tighter drawdown than evaluation paths.
- 1-step
- An evaluation that funds a trader after one phase, requiring a single profit target to be hit within the loss limits. Fewer phases can mean a tighter target or drawdown.
- 2-step
- An evaluation split into two phases, each with its own profit target, before funding. The two-phase structure is the most common model across the industry.
- 3-step
- An evaluation with three sequential phases before funding, usually with lower per-phase targets spread across the stages. More phases can mean a longer path but gentler individual targets.
- Payout / withdrawal cycle
- The schedule and conditions for withdrawing funded profits — for example, on-demand, bi-weekly, or monthly, sometimes after a minimum profit or a set number of trading days. Early-payout terms and minimums vary by firm.
- Prohibited strategies
- Approaches a firm bans in its rules — breaching them can void profits or fail an account. Commonly restricted styles include martingale, grid, certain hedging or arbitrage, high-frequency or tick scalping, news trading, copy trading, and all-in gambling-style bets.
- Martingale
- A strategy that raises trade size after each loss in an attempt to recover prior losses with one win. Firms often prohibit it because it concentrates risk and can blow through drawdown limits quickly.
- Grid trading
- A system that places a ladder of buy and sell orders at fixed intervals regardless of direction. It is frequently restricted because it can build large, correlated exposure that strains risk limits.
- Hedging
- Opening opposing positions in the same or correlated instruments to offset risk. Some firms allow internal hedging but prohibit hedging across accounts or between traders to game evaluations.
- Arbitrage
- Profiting from price discrepancies between brokers, feeds, or instruments, including latency arbitrage. It is commonly banned because it can exploit a firm's simulated pricing rather than reflect genuine market skill.
- HFT / tick scalping
- High-frequency trading and tick scalping involve large numbers of trades held for seconds or less, often automated. Firms frequently restrict them, sometimes via minimum hold-time rules, because they can exploit feed latency.
- News trading
- Opening or holding positions through scheduled high-impact news events to capture volatility. Some firms restrict trading within a window around major releases on evaluation or funded accounts.
- Copy trading
- Automatically replicating one account's trades onto others, or copying signals from a third party. Firms often limit it to a trader's own accounts and prohibit copying between unrelated traders.
- Expert Advisors (EAs)
- Algorithms or robots — often MetaTrader Expert Advisors — that place trades automatically. Policies range from fully allowed to banned; many firms permit personal EAs but forbid shared or exploit-oriented bots.
- Gambling / all-in
- Staking an outsized share of the account on a single trade in hope of a fast pass. Firms restrict it because it relies on luck rather than risk management and undermines consistency rules.
Educational definitions only — not trading advice, and no outcome is guaranteed. The exact meaning of any rule depends on the firm’s own terms for your specific product; always verify there before relying on it.
Want the full reference? See the prop-firm rule glossary.
The field, in bars
How the profit split compares
Headline (“up to”) maximum vs the field — ceilings gated behind tiers or scaling, not what every trader gets.
Profit split — headline maximum (%)
Higher is betterBalanced view
Pros, cons & open risks
Strengths
- Broad platform choice: cTrader, TradeLocker, MT5, and a custom in-house platform across web and mobile.
- Wide instrument coverage including 70+ crypto symbols with 24/7 trading, plus futures.
- 48-hour payout guarantee with a fast advertised average processing time.
- Both evaluation and direct/instant funding routes, with scaling to $300K for top-tier traders.
- Low entry point for crypto instant accounts (from $50).
Cons & open risks
- Offshore primary registration (Saint Lucia) — worth weighing for recourse.
- Daily-loss limit, drawdown type, minimum trading days, and consistency rule are not stated on the homepage.
- Relatively new (founded 2023), so the track record is shorter than older firms.
- Limited payout methods disclosed (Rise, USDT/USDC); minimum payout not shown.
- Promo-driven pricing (BOGO) makes the standard base price harder to confirm.
Do this first
What to verify before buying
Confirm each of these for your exact product:
- 01The daily-loss limit and whether drawdown is trailing or static for your chosen plan.
- 02Minimum trading days and any consistency rule on the program you want.
- 03The full prohibited-strategy list (news trading, EAs, etc.).
- 04Minimum payout threshold and exact payout-method availability in your country.
- 05The post-promo base price for your specific account size.
The Prop Examiner
Our verdict
For Traders offers strong platform and instrument breadth, a fast-payout guarantee, and both evaluation and instant-funding routes. As a newer, offshore-registered firm it discloses less about daily-loss limits, drawdown type, and consistency rules on the homepage, so those need confirming. The Prop Examiner has no affiliate relationship with For Traders at this time.
Reference link
Go to For Traders
Common questions
For Traders FAQ
- What is For Traders's profit split?
- Up to 90% to the trader. Confirm the split for the exact product you buy, as it can vary by model and tier.
- How fast does For Traders pay out?
- '48-hour reward guarantee'; ~14h average payout time advertised. Payout speed and eligibility depend on the product and on meeting the firm's rules; no payout is guaranteed.
- What account sizes does For Traders offer?
- Up to $100K initial; up to $300K for Gold-tier in the Premium Program. Headline maximums are ceilings reached via scaling, not the size you start with.
- Does For Traders have a discount code?
- The Prop Examiner has no affiliate relationship with For Traders at this time. Check For Traders's own site for any current promotions and confirm the total at checkout.
- Is For Traders worth it?
- Wide platform/instrument coverage and fast payouts, tempered by a short track record and limited rule disclosure up front. Read the rules for your exact product, treat headline numbers as ceilings, and start with the smallest suitable plan — prop challenges are simulated/educational products and most buyers do not reach a payout.
Cited & dated
Sources
Every figure traces to a For Traders source below, accessed on the date shown. Re-verify before relying on any number — pricing and promos change.
- 1.For Traders — homepage· accessed 2026-06-17
- 2.For Traders — About page· accessed 2026-06-17
Platforms & funded-rule references
Sponsored · firm-neutral
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