Advertising Disclosure
Written by:
George Rossi
Updated:
Leverage: 1:10
Regulation: Australia
Min. Deposit: $100
HQ: Australia
Platforms: MT5, MT4
Found in: 2009
Traders4Traders Licenses:
Traders4Traders is a trading education and proprietary trading firm founded in 2009 by Brad Gilbert, a trader with extensive experience in investment banking. The company distinguishes itself by offering comprehensive training programs designed to transition novice traders to proficient levels, while also providing opportunities for experienced traders to enhance their skills and potentially manage significant trading capital.
| Traders4Traders Advantages | Traders4Traders Disadvantages |
|---|---|
| Lower Profit Target | No Strict Overseeing |
| Good Pricing | It is hard to become Funded Trader |
| Great variety of Balances with Low Registration Fees | Limited Instrument Range |
| Educational materials | |
| MT5 and MT4 with EAs |
Traders4Traders is considered legitimate by various sources, including testimonials and reviews from individuals who have undergone its training programs or participated in its proprietary trading opportunities.
As our professional advise, it is best to learn well about Prop Trading, understand risks and choose Company with a good reputation also one operate for many years so the proposal is more stable. Yet, since you do not invest much money to trading but just pay subscription fees the potential losses still considered lower if compared to engaging into Real Trading with your own funds.
A crucial aspect of our review of Traders4Traders focuses on the structure of their evaluation challenge and the prerequisites for participating in their trading challenge. This includes understanding the type of examination required to secure a funded trading account and become a proprietary trader.
Traders4Traders has set its profit target at 5% for traders participating in their evaluation program. This target is part of their assessment process to qualify traders for a funded account. The program does not impose a minimum number of trading days to achieve this profit target, which allows traders to work at their own pace
In addition to the profit target, the firm enforces a daily loss limit of 2.5% and a maximum trailing drawdown of 5%. These rules are designed to encourage disciplined trading and risk management among participants. Traders4Traders emphasizes the importance of consistent performance, requiring a win rate equal to or above 45% to pass the evaluation
Traders4Traders does not offer a free trial for their funded trading account challenges. Participation in their challenges, which can lead to a funded trading account, requires payment of a fee. However, they do provide some free educational resources, which can be an excellent way for potential traders to get a feel for the company’s approach and quality of content before committing to their paid programs
Traders4Traders offers a profit split that can reach up to 90% for the trader, depending on the level of the funded account and performance. Initially, traders can earn a significant portion of the profits they generate, with the potential to increase this percentage through successful trading and account scaling.
Traders4Traders allows traders to request their first payout within 7 days after placing their first trade. Subsequent payouts are scheduled for the 1st of each month. When a withdrawal is requested, Traders4Traders also withdraws their share of the profits, and the total withdrawal amount is then removed from the trader’s account.
When evaluating the account conditions of a broker, it’s critical to meticulously assess various account types to ensure they align with trading preferences. Important aspects to consider include the trading platforms offered, the range of instruments available for trading, and the associated trading costs.
Traders4Traders allows trading in a variety of financial instruments, including major, minor, and exotic currency pairs in Forex trading, various commodities like gold, platinum, and silver, over 200 types of cryptocurrencies, and major indices.
Traders4Traders offers leverage at a level of 1:10, which controls the maximum exposure for the trading accounts. This leverage rate is relatively conservative compared to some brokers that offer higher leverage, reflecting Traders4Traders’ focus on risk management and sustainable trading practices.
Traders4Traders enhances its trading environment by providing the renowned MetaTrader platforms, both MT5 and MT4. These platforms are highly favored in the trading community for their advanced functionality, comprehensive analytical tools, and flexibility in automated and manual trading strategies.
Traders4Traders permits a variety of trading styles without imposing restrictions, as long as the trading aligns with sound risk management principles, adheres to genuine market conditions, and avoids prohibited strategies.
Traders4Traders is primarily recognized for its educational offerings, providing a robust platform for learning and development in trading. The firm emphasizes education through its comprehensive courses and training programs, aimed at equipping traders with the necessary skills and knowledge to succeed in the financial markets. While it also offers funded trading accounts and supports various trading strategies, the educational aspect is a significant part of its value proposition.
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