CEO
Director
Established
Country
Broker
Platforms
TrustPilot
Instruments
- Forex
- Indices
- Commodities
Leverage
Challenge Phase:
- Forex - up to 1:125
- Indices - up to 1:20
- Commodities - up to 1:40
Funded Phase:
- Forex - up to 1:40
- Indices - up to 01:10
- Commodities - up to 1:10
Payout Stats
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Top 10 all-time payouts
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For Traders
Rules
While there are some well-known common rules, such as restrictions on the use of Expert Advisors (EAs), High-Frequency Trading (HFT), latency arbitrage, and any trading activity that exploits platform inefficiencies, there are also firm-specific rules that traders need to consider.
Through extensive research into the terms and conditions of all listed prop trading firms, we have identified some major key rules that you should be aware of before joining any of these funded programs.
To maintain a fair and secure trading environment, For Traders has established specific rules and guidelines. Below is an overview of the most pertinent information:
1. Prohibited Trading Strategies
For Traders strictly forbids trading practices that exploit the trading environment or deviate from standard market conditions. Such prohibited strategies include:
- Use of Automated Bots: Employing automated trading systems to execute trades without manual intervention.
- High-Frequency Trading (HFT): Executing numerous trades in rapid succession to exploit minor price discrepancies.
- 40% Margin Rule Violation: Utilizing more than 40% of the available margin for a single trade or multiple trades on the same instrument in the same direction. (this rule do not apply for Two-Step Pro challenge)
- Arbitrage Trading: Taking advantage of price differences between markets or platforms to secure risk-free profits.
- Grid Trading: Placing buy and sell orders at set intervals above and below a set price, without regard to market direction.
- Tick Scalping: Profiting from minor price changes, often holding positions for very short durations.
- Hedging: Opening opposing positions on the same instrument to offset potential losses.
- Gambling: Engaging in trading behaviors that resemble gambling or reckless betting.
Engaging in these strategies may result in trade reversals, account restrictions, or termination.
2. News Trading Policy
For Traders allows news trading with specific conditions:
- Challenge Accounts: Traders can hold positions over news events but are prohibited from opening new trades within five minutes before and after a high-impact news release.
- Master Accounts: The same rule applies as in Challenge Accounts.
Violations may result in profit deductions or other penalties.
News trading is allowed for Two-Step Pro challenge both on Challenge and Funded phases.
3. Inactivity Rule
For Traders enforces an inactivity policy to ensure active participation:
- Challenge and Master Accounts: An account is considered inactive if there is no meaningful trading activity for 30 consecutive days. Minimal trades, such as 0.01 lots executed solely to meet the activity requirement, do not qualify as meaningful trading activity.
- Instant Master Accounts: The inactivity period is set to 7 days.
Accounts deemed inactive will be terminated.
4. Consequences of Rule Violations
Violations of For Traders' rules can lead to:
- Serious Violations: May result in immediate removal from the ongoing challenge and closure of all associated accounts.
Each violation is considered individually, distinguishing between intentional and unintentional actions.
Adhering to these guidelines is crucial for maintaining account eligibility. For the most detailed and up-to-date information, refer to For Traders' official Help Center.
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New trading platform:
Added cTrader to the trading platforms offered.

New platform:
Added TradeLocker to the offered platforms.
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A MUST need Tool for every Prop Trader. Beginner Friendly and packed with details to find the best fit for the clients needs. Can’t recommend this enough!

I definitely love the website and all the features it has and most people should definitely check it out and use it for them self. It has great information that traders always can use.

As a funded trader, I can vouch for ChartNomads. Their verified reviews and rule updates make them my go-to for everything in prop trading.

Unique idea which brings the transparency to a new level, I’m fully supporting it and would love to see how they will verify payouts numbers.

Chart Nomads provides an incredible service to the prop trading community. I respect the deep and unbiased analysis on the most important topics.

Love the effort Chart Nomads have put to bring this unique ,overall great product with unique features, setting new standards for the space! Try it out and wont be disappointed!

Chart Nomads built something exceptional. I am confident the whole industry will benefit out of their platform.

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