Prop trading Archives - SureShotFX https://sureshotfx.com/category/prop-trading/ SureShotFX is going to give you everything you need to make it as a forex trader Wed, 05 Nov 2025 05:17:20 +0000 en-US hourly 1 https://sureshotfx.com/wp-content/uploads/2020/11/sureshotfx-fav-150x150.png Prop trading Archives - SureShotFX https://sureshotfx.com/category/prop-trading/ 32 32 How to Pass FTMO Challenge: Beginner Guide for 2025 https://sureshotfx.com/how-to-pass-ftmo-challenge/ https://sureshotfx.com/how-to-pass-ftmo-challenge/#respond Fri, 26 Sep 2025 03:28:54 +0000 https://sureshotfx.com/?p=136024 FTMO Challenge is one of the most popular gateways for traders seeking to prove their skills and gain access to funded trading accounts. In 2025, thousands of traders worldwide are attempting FTMO prop trading challenge to trade with real capital—without risking their own money. However, passing the challenge is not as simple as hitting a...

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FTMO Challenge is one of the most popular gateways for traders seeking to prove their skills and gain access to funded trading accounts. In 2025, thousands of traders worldwide are attempting FTMO prop trading challenge to trade with real capital—without risking their own money.

However, passing the challenge is not as simple as hitting a profit target. Many participants fail because they focus only on making profits while ignoring FTMO challenge rules and regulations.

To successfully pass the FTMO Challenge, you must:

  • Follow FTMO rules precisely, including daily and overall risk limits.
  • Hit the FTMO profit targets based on your account size (10k, 25k, 50k, 100k, or 200k).
  • Understand FTMO’s account requirements, trading conditions, and evaluation stages.
  • Maintain a disciplined trading plan and avoid common prop firm mistakes.

In this blog, you will learn how to pass the FTMO Challenge in 2025, including rules, account types, common mistakes, and step-by-step strategies to maximize your chances of success.

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What is FTMO Prop Firm?

FTMO is a globally recognized proprietary trading firm that funds skilled traders with virtual capital to trade Forex, indices, commodities, and crypto. Instead of risking their personal money, traders can access funded accounts ranging from $10,000 to $200,000 and keep up to 90% of profits, while FTMO absorbs potential losses.

FTMO stands out because of its evaluation program, which identifies disciplined and consistent traders. FTMO Evaluation Program consists of two steps

  1. FTMO Challenge: where traders must hit profit targets while respecting strict rules.
  2. Verification Phase: a second stage with more relaxed profit targets to confirm consistency.

Traders who complete both phases earn a funded trading account with professional conditions and one of the highest profit splits in the industry.

FTMO Prop Firm Details Overview

Feature Details
Company Type Proprietary Trading Firm
Founded 2015, based in Prague, Czech Republic
Profit Target 10% in Challenge, 5% in Verification
Daily Loss Limit 5% of account balance
Maximum Loss 10% of account balance
Minimum Trading Days 4 trading days per phase
Profit Split Up to 90%
Trading Platforms MetaTrader 4, MetaTrader 5, cTrader, DXtrade

What is FTMO challenge?

The FTMO Challenge is the first step in FTMO’s two-step evaluation program, where traders trade a demo account with a profit target and risk management rules called Trading Objectives. This challenge is a mandatory entry requirement to qualify for an FTMO-funded account.

After passing the Challenge and Verification stages, traders receive real capital to trade, keeping a share of profits and scaling their career without risking personal funds.

How Does FTMO Challenge Work?

how does FTMO challenge work

FTMO Challenge is designed to test your consistency, risk management, and trading discipline under real market conditions. Passing this challenge allows you to move to the Verification phase and a funded account.

Here’s a step-by-step breakdown of the FTMO Challenge and the entire evaluation process:

  • Pay for the Challenge: You pay a fee to start the FTMO Challenge, which gives you access to a demo account with virtual funds.
  • Trade with FTMO Trading Objectives: You must trade on the demo account while following the specified Trading Objectives, which include a profit target and strict rules for daily and overall losses.
  • Meet Minimum Trading Days: You must trade for a minimum of 4 trading days to complete this phase.
  • Pass the Review: FTMO reviews your performance to ensure you’ve met all the Trading Objectives.
  • Proceed to Verification: If successful, you advance to the Verification phase, which involves another demo account with easier rules.
  • Get Your FTMO Account: After passing the Verification, you get access to your own FTMO Account with real simulated capital and can start earning a profit share on your simulated profits.

Why Traders Take the FTMO Challenge?

Traders participate FTMO challenges because FTMO gives them access to capital, profit-sharing opportunities, and a path to becoming a successful prop firm trader. Instead of spending years trying to grow a personal account, they can secure substantial funding and demonstrate their skills in a structured evaluation process.

Key reasons why traders choose the FTMO prop firm trading challenge:

  • Access to Funded Capital: Traders can start with funded accounts ranging from $10,000 to $200,000, which is often much larger than what most retail traders can afford to risk.
  • Profit Sharing Up to 90%: One of the biggest attractions of FTMO is its industry-leading profit split of up to 90%. Traders keep the majority of their profits while FTMO takes on the financial risk. This makes the challenge highly rewarding compared to trading solo.
  • Low Risk, High Reward: Unlike retail trading, where traders risk their own savings, FTMO absorbs potential losses once a trader is funded. The only upfront cost is the evaluation fee, which is far less than the risk of losing personal capital in live markets.
  • Flexibility Across Markets: FTMO doesn’t restrict traders to one asset. FTMO allows traders to trade forex funded accounts, indices, commodities like gold, or crypto, depending on their expertise.
  • Professional Trading Conditions: FTMO provides access to MT4, MT5, and cTrader, with real market conditions, tight spreads, and institutional-grade execution. This helps traders gain experience in a professional prop trading environment.
  • Scaling & Career Growth: Traders can scale their accounts to $400,000+, creating a career path from retail trading to professional prop firm trading. Many see it as the fastest route to building a trading career without outside investors.

Why Traders Fail in FTMO Challenge?

While the FTMO Challenge offers an incredible opportunity, approximately 85–90% of traders fail to pass it on their first attempt. Only a small percentage of participants reach the funded trading account stage.

Here are some reasons for the high FTMO challenge failure rate-

  • Ignoring FTMO Challenge Rules: Many traders focus solely on profits and ignore FTMO’s strict daily loss limit and maximum loss rules, which leads to automatic disqualification.
  • Poor Risk Management: Failure to consistently manage risk, such as risking too much per trade (recommended 1-2%) or failing to use stop losses, frequently leads to hitting daily or overall loss limits.
  • Psychological Pressure: Trading under the FTMO Challenge rules can create stress. Traders may chase losses, close trades early, or make impulsive decisions due to fear of failure. Emotional trading is one of the leading causes of challenge failures.
  • Unrealistic Trading Strategies: Some attempt scalping robots, martingale strategies, or grid systems. While these may generate short-term gains, they rarely comply with FTMO’s consistency and risk rules, leading to failure.
  • Ignoring Market Conditions: Not all strategies work in every market environment. Traders often fail to adapt during high-volatility news events (like NFP or FOMC), which can cause unexpected losses.
  • Lack of Discipline and Patience: FTMO requires a minimum of trading days (at least 10 per phase). Traders rushing to meet profit targets often violate rules or overtrade, increasing their chances of failure.
  • Insufficient Preparation: Many traders jump straight into the Challenge without practicing on a demo account or studying FTMO rules thoroughly. Lack of preparation significantly increases the risk of failure.

What Happens If You Fail FTMO Challenge?

If you fail an FTMO Challenge, you are removed from the FTMO Premium Program, which means you won’t get a funded account. However, it doesn’t mean the end of your trading journey. In fact, most traders fail at least once before they succeed. So, FTMO has created a flexible process to promote learning and second chances.

Here’s what you need to know:

  • Forfeiting the Purchase: The Challenge fee you paid is non-refundable if you failed FTMO challenge.
  • No Access to Funding: You cannot progress to the Verification stage or receive a funded account.
  • Free Retry Option: If you respected all risk management rules but didn’t reach the profit target, FTMO may offer a free retry, allowing you to try again without extra cost.
  • Start Over Anytime: You can purchase a new Challenge whenever you’re ready to retest your skills.
  • Learning Curve: Failure often reveals weaknesses in risk management, psychology, or strategy. Treat it as a practical lesson to refine your trading before your next attempt.
  • No Reputation Damage: Your results remain private, and failing won’t affect your trading record outside of FTMO.

FTMO Challenge Pass Rate in 2025

FTMO does not publicly release an overall Challenge pass rate. However,  based on data from prop trading communities and industry sources, the FTMO Challenge pass rate is estimated to be around 10–15% in the initial Challenge phase.

The subsequent Verification phase has a much higher success rate, estimated at 30–50%, since the profit target is lower and the rules are slightly more relaxed.

The overall success rate of passing both the FTMO Challenge and Verification phase is estimated to be around 4–7%.

FTMO Challenge Rules & Requirements (2025 Update)​

Traders must strictly follow FTMO rules and trading objectives to pass the FTMO Challenge in 2025. FTMO enforces these rules to ensure fairness, consistency, and disciplined trading.

Here are the updated FTMO rules & requirements for 2025:

Rule Detail
Profit Target (Challenge) 10% of initial account balance.
Profit Target (Verification) 5% of initial account balance.
Maximum Daily Loss 5% of the account’s initial balance (this includes both closed trades and floating/open positions).
Maximum Total Drawdown 10% of the account’s starting balance (includes closed + open positions). Exceeding this disqualifies you.
Minimum Trading Days 4 trading days required—these days don’t have to be consecutive. On each of those days, at least one position must be opened.

How Can I Pass FTMO Challenge in 2025?

how to pass ftmo challenge

Whether you are an expert or a beginner, passing the FTMO Challenge in 2025 is possible if you follow a structured approach. Experts rely on backtested strategies and discipline, while beginners can benefit from copying signals or expert guidance.

Let’s break down the 2 different roadmaps to pass the challenge and secure your funded account.

1. Roadmap to Pass FTMO Challenges as Expert Traders

Expert traders with years of trading experience approach the FTMO Challenge systematically. They rely on their experience, backtested strategies, and meticulous preparation to maximize their chances of success.

If you wish to tackle the challenge independently, here’s how you can approach it like a pro:

  • Understand the FTMO Challenge Rules: Before starting, you need to thoroughly review the FTMO rules, including daily loss limits, maximum drawdowns, and profit targets. Understanding these rules ensures trades remain compliant and prevents disqualification.
  • Master Your Trading Strategy: You should focus on strategies that are consistent across different market conditions. It can be trend following, using different indicators, or adapting any trading style. But make sure your setups are high probability and rule-compliant.
  • Backtest Your Strategy: I recommend backtesting your strategy using at least 2 years of historical market data. It might take a month, but it’s essential to know your strategy works in different market environments before attempting the challenge.
  • Create a Trading Plan: A strong trading plan includes entry and exit rules, position sizing, risk per trade, and trade management protocols based on your backtesting data. Following this plan strictly will help you avoid impulsive decisions and stay disciplined.
  • Market Monitoring and Analysis: You should analyse the market to develop a market analysis SOP to track trends, volatility, and news events. This ensures informed decisions aligned with FTMO trading rules.
  • Maintain an Entry Checklist: Create a checklist to verify that each setup aligns with strategy rules, risk parameters, and market conditions. This prevents errors and improves your FTMO Challenge pass rate.
  • Risk Management: Before entering a trade, always calculate your stop-loss, take-profit, and trade size according to your account balance and FTMO rules. Experts risk no more than 1–2% per trade. Proper risk management prevents unnecessary drawdowns.
  • Trade management: Monitor trades, adjust for volatility, and avoid impulsive decisions. Proper trade management increases your FTMO Challenge pass rate.
  • Trade journal: Recording every trade, including outcomes, mistakes, and lessons, helps experts refine strategies and reduce FTMO challenge failure rate over time.
  • Practice on a Demo Account: Before participating, practice your strategy on a demo account that mimics FTMO rules. This helps you prepare mentally and refine your approach.
  • Take the FTMO Challenge: After thorough preparation, step into the challenge. Stick to your plan, follow the rules, and execute your strategy with discipline. 

2. Roadmap to Pass FTMO Challenges as a Beginner

As a beginner, if you want to participate in the challenge on your own, it takes months, sometimes even years, to adapt to all the trading rules, build a profitable strategy, and backtest those strategies. 

Moreover, beginners often need guidance and structured support to pass the FTMO Challenge. With the right tools and guidance, you can enter the challenge more confidently and maximize your chances of passing.

Here’s how beginners can approach the challenge effectively:

Traders Who Want to Copy Expert Signals:

Copying signals is one of the fastest ways for beginners to participate in the FTMO Challenge. By combining reliable signals, a signal copier, and SSF Guardian, beginners can safely participate in the FTMO Challenge, learn trading strategies, and gradually build confidence for independent trading.

Follow signals from a reliable signal provider:

Choose a signal provider who shares signals with proper risk management and strictly follows all FTMO rules and regulations. Leading Forex signal providers like SureShotFX provide signals that align with FTMO requirements, helping beginners trade more confidently.

But one thing to remember: no signal provider can guarantee a 100% success rate. Markets are unpredictable, and losses are always possible.

When you first take part in the FTMO Challenge 2025, your main focus should be keeping your drawdown as low as possible. Once your drawdown increases, it becomes much harder to recover, and the added pressure can affect your trading decisions. So, it’s wise to set your risk percentage as low as possible.

Most signal providers share trades in pip-based signals. In prop firm trading, it is generally better to use fixed lot sizes rather than percentage-based lots. Using a fixed lot:

  • Helps you control risk consistently
  • Prevents large drawdowns
  • Ensures trades stay within FTMO rules

Starting with lower risk also gives you the space to learn and adjust, making it easier to recover from small losses. Lot size depends on your account size and the number of signals you follow.

For example, if you have a $10,000 account:

Set lot → 0.05 for 3 different VIP channels (Forex, Gold, Indices)
Set lot → 0.08 for 2 different VIP channels (Forex & Gold, or Forex & Indices, or Gold & Indices)

By managing lot size carefully, you can follow expert signals while staying within FTMO limits, reducing risk, and gradually building your confidence as a beginner trader.

Use a Signal Copier:

When following trading signals for a prop firm challenge, it is essential to use SureShotFX Trade Copier for automated signal processing.  This eliminates delays, minimizes execution errors, and ensures your trades match expert decisions exactly.

Use SSF Guardian:

Even when copying signals, you need a safety net. SureshotFX Guardian helps monitor your trades and ensures you don’t cross FTMO’s strict daily (5%) and overall drawdown limits (10%). If things go wrong, Guardian will stop trading automatically, protecting your challenge account.

Traders Who Want Expert Monitoring:

If you don’t want to follow signals, using an Algo with expert monitoring is the best option for you. By selecting SureshotFX Algo, you don’t need to worry about manually managing trades. The SSF trading experts set up the Algo on their personal VPS, ensuring fast and accurate trade execution.

The best part is that when you use SSF Algo, you also get free SSF Guardian. This means you don’t have to spend extra money to purchase risk management tools separately. The SSF support team sets everything up in your account, including both the VPS and Guardian.

Once your account is set up:

  • The expert team monitors your lot sizes, account balance, and your prop account.
  • If the account closes to a drawdown limit, the experts act quickly to recover and manage risk, keeping your trading safe and FTMO-compliant.

Using SSF Algo with expert monitoring gives beginners the confidence to trade without stress, knowing that professional traders are overseeing every trade. It protects your account and allows you to learn how experts manage trades, handle drawdowns, and apply proper risk management while participating in the FTMO Challenge.

💡Bonus Tips: If you want to make the process even more effortless, you can simply contact the SureShotFX client support team. They will help you with any questions, clarify your doubts, and guide you through setup or any part of the FTMO Challenge process.

How US Clients Participate in FTMO Challenge?

US-based clients can participate in the FTMO Challenge by registering an account on the FTMO website and selecting the United States as their country of residence during the sign-up process. After completing the registration and email verification, they can then proceed to purchase and start the two-step FTMO Challenge to evaluate their trading skills.

Here are the following steps FTMO US clients can follow-

  1. Register on the FTMO Website: Visit the FTMO website and initiate the registration process by entering your name, email address, phone number, and country of residence.
  2. Verify Your Email: Open your inbox and click the verification link sent by FTMO to confirm your email address.
  3. Access the FTMO Dashboard: After verification, you will be redirected to your FTMO dashboard, where you can explore the options for challenges.
  4. Start the Challenge: You can configure your desired account parameters for the FTMO Challenge, purchase it, and then begin the trading evaluation process on your dashboard.

Conclusion:

Passing the FTMO Challenge in 2025 requires a combination of strategy, discipline, and the right tools. By understanding FTMO’s requirements, developing a robust trading plan, and utilizing tools like the SureShotFX Guardian, you can enhance your chances of success.

Remember, consistency and risk management are key. Use this guide to approach the Challenge with confidence and maximize your chances of earning a funded account.

FAQs:

Green background Cover Photo with characters and a text FAQ
How long does it take to pass FTMO Challenge?

Most traders complete it within 10–30 days, depending on account size and trading frequency.

Can I retake the FTMO Challenge if I fail?

Yes, traders can retake the FTMO Challenge after analyzing mistakes and refining their strategy. FTMO may offer free or discounted retries if you respected the risk management rules, giving you another chance to achieve a funded account.

Does FTMO accept US clients?

Yes, US traders can participate in the FTMO Challenge. You must select “United States” during registration and complete email verification.

What is the cheapest way to start FTMO Challenge?

FTMO 10k account challenge is the most cost-effective option. You can also look for seasonal discounts, promotions, or Black Friday deals offered by FTMO to reduce entry costs.

How to pass FTMO Challenge on the first attempt?

Follow strict risk management, a consistent trading plan, and leverage tools like SureShotFX Guardian for guidance.

How much can I earn from a funded FTMO account?

Yes, the FTMO Challenge can be automated using EAs or trading robots. Automation helps maintain discipline and consistency.

Is using an EA allowed on FTMO challenge?

Yes, you can use expert advisors (EAs), automated trading strategies, or robots. However, the EA must comply with FTMO’s trading rules, including daily loss limits, maximum drawdowns, and minimum trading days.

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Top 5 Prop Trading Firms USA in 2025 https://sureshotfx.com/top-5-prop-firms-usa/ https://sureshotfx.com/top-5-prop-firms-usa/#respond Fri, 29 Aug 2025 06:39:35 +0000 https://sureshotfx.com/?p=17548 Choosing the right prop firms can be a critical decision, as they offer a compelling opportunity: trade with their funds, prove your strategy, and share a portion of the profit. It sounds simple, but the reality is different. You’ll be investing your time, energy, and your own money into buying a prop trading challenge, so...

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Choosing the right prop firms can be a critical decision, as they offer a compelling opportunity: trade with their funds, prove your strategy, and share a portion of the profit. It sounds simple, but the reality is different.

You’ll be investing your time, energy, and your own money into buying a prop trading challenge, so trust matters. While some firms are U.S.-based and fully regulated, others may offer higher capital but operate offshore or fall outside U.S. regulations.

That’s why, after various factors and considerations, among the best prop firms we have listed here top 5 prop firms USA that-

→ Offer real, funded accounts.
→ Known for fair rules and fast payouts.
→ Highly rated across prop firm reviews and trading forums.

Let’s check them out!

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What Is a Prop Firm in Trading & Why Are They Popular in the USA?

A prop firm (short for proprietary trading firm) is a financial institution that provides its traders access to its capital to trade financial markets, such as forex, stocks, or crypto. In exchange, traders share a portion of the profits with the firm.

With increasing oversight by U.S. regulators and high capital requirements, prop firms in the USA have become a gateway for traders to trade with large capital without risking their own money.

Most of the prop trading firms cover both exchange markets & OTC (Over the Counter) markets.

How Do Forex Prop Firms Work?

A Forex prop firm gives you access to its money to trade in the forex market. You don’t trade with your own funds—instead, you prove your skills, and if successful, they give you get a funded account to trade. In return, they share profits (typically up to 90%) with you. However, BrightFund offers a 100% share in the initial profits.

When you trade with a prop firm, you can aim for a bigger hit with higher risks involved. And the best part is you can have access to advanced prop firm strategies along with support and mentorship from experienced traders.

Despite the risks, prop firms in the USA are quite popular because they do not include any intermediaries, and the profit gain with interest is split between the trader and the prop firm according to a signed contract.

What Makes a Great Prop Firm in the USA?

What Makes a Great Prop Firm in the USA

A great prop trading firm is one that’s fully regulated, offers fair profit share, and maintains transparent rules, along with solid trader support and a real opportunity to earn. These firms focus on long-term trader success, not just short-term challenges.

When choosing the best prop firm in the USA, you must consider the following factors such as-

  • Regulatory Compliance: Make sure the proprietary firm is allowed in the United States or operates under US-friendly conditions.
  • Funding Process: Check the funding system of the prop firm. Look for the challenges the prop firm provides to get the fund.
  • Profit Split: Most of the prop firms offer competitive profit splits. Check out the percentage that the prop firm keeps from your profit before you join.
  • Trading Types: Check out what type of trading it allows, like forex, crypto, stocks, or commodities.
  • Fees and Payout Speed: Make sure the prop firm has a transparent pricing system with fast and secure payouts.
  • Reputation and Reviews: Read prop firm reviews from reliable sources like Trustpilot, Reddit, and trading-related active discussion forums.
  • Platform and Broker Access: Look for the prop firm’s access and allowance to common trading platforms like MT4/MT5, TradingView, or proprietary platforms.

Top 5 Best Prop Firms in USA 2025

These 5 U.S. prop firms are fully regulated, offer fair profit splits, and give traders a real chance to earn with real funded accounts.

Now, check out the detailed view to better understand their challenges and offers.

1. FTMO—Best for Beginner Traders Focused on Consistency & Risk Control

Key Characteristics Details
Feature 4.8/5
Profit Split Up to 90%
Max Account Size $200,000 (Automatic scaling)
Evaluation Model 2-step: Challenge + Verification
Trading Platform MT4, MT5, cTrader, DXTrade
Drawdown Limit 5% daily, 10% overall
Minimum Trading Days 10
Allowed for US Traders Yes
Refundable Fee Yes, after the first payout

FTMO is one of the leading forex prop trading firms in the prop trading space and a favorite among disciplined traders. FTMO testimonials show that in 2023, FTMO paid over $100 million to the traders. 

And guess what? It saw a 25% annual increase in trader payouts in 2024, reinforcing its credibility year after year, making it one of the most trusted names in forex prop funding.

Yes, you can have a try on the demo account. It’s highly favored among US forex traders despite being based in the UK. With fair rules, solid risk controls, and up to 90% profit split, it’s a go-to for traders who treat trading like a business.

Though most of the prop firms do not allow any trade copiers, check how to pass the FTMO challenge using Telegram Signal Copier.

Pros:

  • Beginner-friendly 
  • Transparent and reliable
  • Refundable fees after the first payout
  • Consistent and precise risk management

Cons: 

  • Requires 10 minimum trading days
  • No instant funding system

2. The 5ers — Best for Risk-Aware Traders with Long-Term Benefits

Key Characteristics Details
Feature 4.9/5
Profit Split Up to 100% (some models)
Max Account Size Up to $400,000 (scalable to $4M)
Evaluation Model Low-risk models (instant funding + eval)
Trading Platform MT5, cTrader, Trading View, NinjaTrader
Drawdown Limit 5Fixed monetary + soft drawdown models
Minimum Trading Days None
Allowed for US Traders Yes
Refundable Fee Depends on plans

The 5ers is a favorite for traders who prefer a slow, strategic, and realistic approach. Its low-risk models and relaxed timelines help traders continue trading with funded accounts without hassle.

An internal report shows 5ers traders are 40% more likely to stay funded long-term due to flexible risk models.

Pros:

  • Instant funding options are available
  • No minimum trading days required
  • Up to 100% profit split on select models
  • Minimal drawdown policies

Cons:

  • Not ideal for aggressive short-term traders
  • A bit limited platform variety compared to others

3. FundedNext — Best for Fast Scaling and Profit-Sharing

Key Characteristics Details
Feature 4.6/5
Profit Split 15% during eval, up to 90% funded
Max Account Size $200,000 (scalable to $4M)
Evaluation Model Evaluation + Express (instant)
Trading Platform MT4, MT5, Trader & Match-Trader
Drawdown Rules 5% daily, 10% total
Payout Schedule Biweekly
Allowed for US Traders Yes
Refundable Fee Yes

FundedNext is one of the most innovative prop trading firms in 2025. It offers a 15% profit share during the evaluation phase, which is unique in the industry. Ideal for traders who want to earn while proving their skills.

This prop firm has the highest trader retention rate (72%) among new-gen prop firms launched post-2022. It offers a daily loss limit of 5% ($10,000) maximum or an average of 20% loss.

Well, coming to the withdrawal, for every package plan, FundedNext allows you to make your first withdrawal within 21 days.

Pros:

  • Flexible challenge options
  • Biweekly payout system
  • Earning option while passing the evaluation process
  • Reliable & huge growth potential availability

Cons:

  • Strict limitations for daily and total loss limits
  • The express model has a higher fee

4. Funding Pips — Best for Traders Who Want Flexible Rules

Key Characteristics Details
Feature 4.5/5
Profit Split Up to 85%
Max Account Size Up to $200,000
Evaluation Model 1-step and 2-step are available
Trading Platform MT5, Trader & Match-Trader
Drawdown Rules 5% daily, 10% max
Minimum Trading Days None
Allowed for US Traders Yes
Refundable Fee Depends on plans

Funding Pips caters to traders who want to trade their own way, without rigid restrictions. It’s perfect for swing traders, part-time traders, or anyone who dislikes minimum trading day requirements or consistency rules.

In Funding Pips, you can choose your reward time period, such as weekly, biweekly, or even monthly reward systems.

It offers the typical 5-10% of maximum loss. Dubai-based, this prop firm is available worldwide.

Pros:

  • No need for minimum trading
  • Easy challenges
  • Customized payout schedule
  • Flexible and user-friendly

Cons:

  • Lower Trustpilot reviews
  • Not regulated by US securities

5. Alpha Capital Group — Futures Prop Trading Firm with Institutional Conditions

Key Characteristics Details
Feature 4.5/5
Profit Split 80% (scales higher)
Max Account Size $200,000
Evaluation Model 2-phase challenge
Trading Platform MT5, Trader, DXTrade, Alpha Trader
Drawdown Limit 5% daily, 10% total
Execution Quality Institutional-grade spreads/liquidity
Allowed for US Traders Yes
Refundable Fee Depends on plans

Another of the best proprietary trading firms is Alpha Capita, based in the UK but available across the United States. Alpha Capital is listed by Finance Magnates (2024) as a top “Prop Firm to Watch” due to its strong infrastructure and trader-first policies.

Oh! Alpha Capital also features its own trading platform, Alpha Trader, and licensed brokers where expert brokers are available to take your trade to another level.

Pros:

  • Offers futures trading
  • Own trading platform availability
  • Strong infrastructure backed by top-tier brokers
  • Amazing trade execution with lower latency

Cons:

  • Few resources are available compared to others
  • Very hard challenges

5 Best Prop Firm Comparisons at a Glance

Now, compare and discover the best prop trading firms available in the United States according to your preferences-

Prop Firm Profit Split Assets Evaluation Type US Traders
FTMO Up to 90% Forex, Cryptocurrency, Indices, Commodities, and Stocks 2-Step Yes
The5ers 80% Forex, metals, stocks, indices, commodities, and crypto 1-step Yes
Funded Next Up to 90% Forex Currencies, Indices, Commodities, and even Future contracts Flexible Yes
Funding Pips 75% Forex, crypto, indices, metals, and energies Flexible Yes
Alpha Capital 80% Forex, CDs on indices, metals, oil, and futures 2-Phase Yes

How SureShotFX Can Help You Pass Prop Firm Challenges?

Pass Prop Firm Challenges

SureShotFX Guardian is an amazing tool designed only to help prop traders pass prop firm challenges with automation, proven strategies, and equity control.

Yes, many prop firms impose strict drawdown rules, which many traders fail to comply with and lose accounts due to improper risk management, especially. That is where SureShot FX helps to easily pass prop challenges.

It tracks your daily and floating loss/profit and protects your account from unexpected drawdown and funded account breach.

Besides, its auto trade lock and drawdown limiter features appear as a lifesaver during the prop trading evaluation, reducing the risk of violations.

And yes, access to educational resources and a 24/7 dedicated support team is available for you for any kind of assistance.

SureShotFX Is Now Making Headlines Worldwide!

SureShotFX has been featured on major U.S. news portals like AP News, Benzinga, TheStreet, StreetInsider, Financial Content, and more, thanks to its game-changing impact on modern traders.

From accurate Forex signals to a fully automated trade copier, SureShotFX is giving traders the edge they’ve been waiting for.

Enjoy full VIP channel access with a massive 20% discount if you register with Eightcap today. So, grab this opportunity now to take your trading to a whole new level.

Conclusion: Choose the Best Prop Firm

We’ve reached the end of the reviews. And by that time, hopefully, you have learned about the top 5 prop firms USA.

A prop firm basically works like a trading aid with a vast financial gain to trade big and gain high. But you must follow and comply with the individual rules and regulations, along with passing the challenges to get the funds. 

Now, choose the firm that matches your trading style and strategies. However, you can also contact us to learn more about how Sure Shot Fx can help you pass the prop firm challenges easily with better equity control.

FAQs:

Green background Cover Photo with characters and a text FAQ
What is a proprietary trading firm?

A proprietary trading firm, in short, a prop firm, is a company that provides a trader with vast capital to trade in exchange for a particular profit share. Though different prop firms have different challenges to get funds, basic strategies are the same

Are Prop Firms Worth It?

Yes, it is. As a pro trader, you might have the skills but not that much capital gain. In that case, a prop firm benefits. It is worth it as you can trade without risking your own capital and aim for higher profit.

Are Prop Firms Regulated in the US?

Some prop firms are regulated in the U.S., but many operate offshore. Always verify their legal status and terms before joining.

Which Prop Firm Is Best for the USA?

So far, FTMO is one of the leading prop firms in the USA. However, other than FundedNext, the 5ers and Funding Pips are also popular prop trading firms in the United States.

Which Prop Firm Pays the Best?

FTMO pays the best capital with a proven track record. In 2023, it provided over $100 million to traders and saw profits.

Does FTMO accept US clients?

Yes, FTMO accepts US clients, as it is available in the United States. Any clients from the United States can join FTMO to trade with vast capital gains with higher profit gains. You just need to make sure that you pass all the challenges to get the funds fast.

Are Prop Firms Legal In US?

Of course, prop firms are legal in the US. As trading is legal and regulated by regional jurisdiction, a strategy of trading- proprietary firms is also legal and allowed.

Is Ftmo Available in USA?

Yes, FTMO is available in the USA. Though it is a UK-originated prop trading firm, many think it is not allowed in the US. But it is available and totally legitimate to use in the United States.

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Prop Traders Strategies You Should Use https://sureshotfx.com/prop-traders-strategies-you-should-use/ https://sureshotfx.com/prop-traders-strategies-you-should-use/#comments Mon, 10 Mar 2025 03:56:00 +0000 https://sureshotfx.com/?p=15695 Proprietary trading, or “prop trading” for short, is an easy way for traders to earn money using their trading expertise. It’s all about using your expertise to trade with prop firm’s capital and make profit that can be split half-ways. But before diving headfirst into depth of prop trading, there are crucial steps and strategies...

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Proprietary trading, or “prop trading” for short, is an easy way for traders to earn money using their trading expertise. It’s all about using your expertise to trade with prop firm’s capital and make profit that can be split half-ways. But before diving headfirst into depth of prop trading, there are crucial steps and strategies that prop traders should consider.

New prop traders might find it hard to pass prop challenges. But this article can teach you how to make a plan and follow the rules when you work with prop trading firms. We’ll walk you through the essential elements that every prop trader should know.

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Prop Traders’ Strategy 101

If you’re new to prop trading, it’s important to think about how to manage risks. You don’t want to lose a lot of money and breaching your drawdown limit. Learn about the markets and make strategies that fit your goals and the risk you can handle. You can also use tools like SureShotFX Copier that trades automatically to help you save time. It helps you copy trades from SureShot fx VIP channels, where a veteran trade team, provides highly profitable set ups.

Many prop traders have passed their prop challenges, using our signals and copier. If you know when to get in and get out from the market, then passing prop challenge is a piece of cake to you with SureShotFX signals.

Prop trading can be a way to make money, but you need to know a lot and have experience to be successful. To trade with a proprietary trading firm successfully, follow these steps:

[1] Understand Risk & Profit Targets
The firm sets targets for how much risk and profit you can take. Stick to these targets to stay within the firm’s risk limits and make the most profit. Violating these targets can lead to the firm closing your trades, suspending you, or taking disciplinary actions.

[2] Familiarize Yourself with the Firm’s Tools & Strategies
Learn the trading tools and strategies provided by the firm, such as order types and charts. Practice using these tools and strategies before you start trading.

[3] Know the Market
Understand the market, its trends and movements. learn how you can identify potential trading opportunities and be aware of the risks. You must always have the plan to manage those risks.

[4] Follow the Firm’s Rules
Fourthly, you must at all times follow the rules shared by your chosen prop firm. To reach your profit target and pass your prop challenge, following and maintaining all the rules given by your prop firm is necessary.

You can easily manage your drawdown limits without needing to stress while trading. SureShotFX Guardian. You can get alerts in MT4/MT5 app and in Telegram and check your account status from telegram anytime, anywhere!

You must understand the firm’s trading rules and violation triggers properly. Above all, stay informed about the market and upcoming news events. By following these guidelines, you can increase your chances of success when trading with a proprietary trading firm.

prop traders strategy to pass prop challenge

How to Choose Strategy for Prop Trading?

When engaging in proprietary trading, selecting a strategy that is best suited to the prop firm rules, risk tolerance and market conditions is paramount.

⚫ When you are back-testing or selecting your strategy for your prop fund challenge, you must consider Risk Tolerance and Market Conditions. As different prop firms have different loss limits and rules, pick a strategy that matches yours.

Using short stop losses and confirming your trade set up from different timeframes can reduce risk. You can also choose to trade with SureShotFX’s signals. Our traders analyse all set up in different timeframes to confirm the trade set up, we also have a risk management guideline that will help you win your prop challenge easily!

⚫ Focus on Important Levels and Avoid News Releases. Some prop firms will not allow you to trade during high-impact news. So always try to trade from significant price levels. Avoid trading during major news announcements to minimize risk.

⚫ You should always trade with the trend. As many veteran traders says, “Trend is your friend.” So, avoid relying on lagging indicators. Try to identify the trend and trade only when market conditions are in your favor.

In essence, select a strategy that suits your risk tolerance and trading goals. Take time to research and evaluate different strategies to find the one that works best for you.

Research and Strategy Development
One of the fundamental pillars of success in prop trading is a well-defined trading strategy. Take the time to thoroughly research and understand various trading strategies. Choose the ones that align with your trading objectives. The key here is to be well-prepared. Your strategy should be tested and refined before you start trading with real capital.

Risk Management
Prop traders need to be Master of Risk Management. Unexpected market conditions can lead to losses, and that’s where risk management comes into play. Employ techniques to limit losses and protect your capital in any situation. Being prepared for the worst-case scenario is essential for long-term success.

Continuous Education
Education is a never-ending journey in the world of trading. To excel as a prop trader, you need a deep understanding of the markets and the strategies you intend to use. Keep learning, stay updated, and adapt to market changes.

Practical Aspects to Consider as Prop Traders

Consistency and Discipline
Your journey as a prop trader doesn’t end once you’ve developed a successful strategy and secured capital. In fact, it’s just the beginning. To maintain your success, you must remain disciplined and consistent in your approach. Remember that not losing money is just as important as making profits.

Patience and Adaptability
Markets are dynamic, and they can change unexpectedly. Patience is a virtue in prop trading. Be ready to adapt to shifting market conditions and adjust your strategies when necessary. Keep an eye on the markets and be prepared to make changes when needed.

Finally…

Becoming a successful prop trader is a rewarding endeavor, but it requires dedication and a structured approach. The journey begins with thorough research, strategy development, risk management, education, and sufficient capital. However, it doesn’t end there. Consistency, discipline, patience, and adaptability are essential for long-term success.

Prop traders must always stay vigilant and adhere to the rules and strategies they’ve developed. In the world of trading, where the only constant is change, continuous learning and adjustment are your best allies. By following these guidelines, you can embark on your journey as a prop trader with confidence and increase your chances of achieving success in this exciting field.

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My Forex Funds Fiasco: How to Choose Legit Prop Firm? https://sureshotfx.com/my-forex-funds-news/ https://sureshotfx.com/my-forex-funds-news/#respond Sun, 12 Jan 2025 10:24:00 +0000 https://sureshotfx.com/?p=15526 Recently on September 1, 2023, My Forex Funds representatives issued a notice on their website, that securities regulators in Canada and the Commodities regulator in the USA had issued orders preventing them from trading securities or accessing funds in their bank accounts. Additionally, until these freeze orders are lifted, my forex funds will not be...

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Recently on September 1, 2023, My Forex Funds representatives issued a notice on their website, that securities regulators in Canada and the Commodities regulator in the USA had issued orders preventing them from trading securities or accessing funds in their bank accounts.

Additionally, until these freeze orders are lifted, my forex funds will not be able to conduct any type of business activities. So, they shut down their website along with their discord server the scheduled hearing happens in US court on Sept. 11 & on CANADA court on the same week.

Evidently, negative impression regarding prop industry and prop firm trading has started to grow like wildfire. Thus, the most important question is how you can choose a legit and safe prop firm? In this blog, we will dive into the details of my forex funds case and how to choose legit prop firm.

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What were the allegations on my forex funds?

If you don’t know the details of MFF charges, let’s catch up on it. On Sept. 2, 2023, Ontario Securites Commissions (OSC) issued a notice. It sheds light on the cease orders on MFF & their established company Traders Global Group Inc. (TGG).

  • TGG was operating a retail foreign exchange and commodities trading firm (without proper registration as a broker which is illegal).
  • Trading capital is simulated by TGG. They are not providing real funds to traders to take trades.
  • Placing various rules (Trading conditions provided by prop firms) to benefit TGG to the detriment of investors.
  • TGG and Kazmi may have used money received from subscription fee to pay simulated “profits” to traders. And for Kazmi’s personal expenses.
  • Misleading information on their websites.

On the very same day, CFTC also issued a press released with the title “CFTC Charges “My Forex Funds” with Fraudulently Taking Over $300 Million From Customers Hoping to Become Professional Traders”.

  • Fraudulently soliciting customers to trade leveraged, margined, or financed retail foreign exchange (retail forex), and leveraged retail commodity transactions.
  • A restrain order to freeze MFF’s all assets and asked them to show their Books and records.
  • Several violations of law & engaging in fraudulent activities.
  • Mentioned the hearing date on US court on sept. 11th 2023.

Here is the summary of main allegations brought against my forex funds-

My forex funds uses a specialized software that helps manipulating spread and slippage to make traders lose money. Along with that, they were saying they use third party liquidity providers, they actually didn’t have any. The broker they were using was Traders Global Group. It wasn’t registered to take part in trading forex or commodities.

So, MFF with the name of Traders Global actively minimized the trade profitably by using pretexts to terminate customer accounts. This also includes misleadingly assessing commissions that reduce customer account equity. They have made 7 million USD in revenue only from charging $3 commissions from MFF traders. That’s insane, right?

This doesn’t stop here. With the algorithm they have created a process where the more profitable you are, the more reasons MFF will create to avoid payout. Because MFF will lose money when traders make money.

As they use their own broker called Traders Global- they have engaged in deceptive practices to minimize customer profitability. Including terminating accounts, assessing misleading commissions, to execute orders at unfavorable prices, and handicapping successful customers to increase losses.

Hence, TG violated multiple regulations by providing illegal services and soliciting orders from retails forex customers without registration.

Impact on Prop Industry

In other words, the whole prop firm industry is in a shock. Regulatory body was a necessity in a rapid growing prop firm industry. However, after my forex funds fiasco of trading simulated funds, Prop firms like MyFundedFX & The Funded Traders started to mention “simulated funds & profit” on their websites in order to escape the fraudulent charges.

Additionally, this fiasco caused a lot of panic amongst traders. It has also impacted their trust on prop firms.

What Should You Do?

It is quite obvious that My Forex Funds are not coming back. Even if they do, it’s not anytime soon. Many other prop firms situated in UK, USA & Canada may also face the same charges. Even though, other prop firms are claiming that they are safe and don’t have any similarity with My Forex Funds- the impact will stay & this shall too pass, but the effect is going to last for a long time.

In the meantime, traders should go for old ways of trading with their own funds with brokers or copying signals to make good profits. This lets beginners skip learning how to trade themselves. They make money by piggybacking on the success of professionals.

Is it Safe to Use Forex Signals?

The question of whether forex signals hold value is a common question for individuals in the forex market. Some skeptics argue that forex signals are ineffective, while others actively seek out reliable signal services.

In brief, the answer is yes – forex trading signals can be a valuable investment, particularly for newcomers to the forex or those seeking a passive income stream. Utilizing forex signals offers a straightforward entry point into the forex market and can help trading and make profits. You can also make use of copy trading tools to copy forex signals. Want to know more about it? Check out our full blog SureShotFX Trade Copier: manage forex account effortlessly. – SureShotFX

We’ve put together a team of six experienced traders who specialize in trading specific currency & gold pairs. This means they can regularly send you signals that are both profitable and accurate. Additionally, we share weekly free signals in our public telegram channel. So, any new trader can experience our signal performance before making any purchase.

Have any questions? Contact the SSF Client Support Team.

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How to Get Funded in 2025 https://sureshotfx.com/how-to-get-funded-in-forex/ https://sureshotfx.com/how-to-get-funded-in-forex/#respond Wed, 08 Jan 2025 05:27:22 +0000 https://sureshotfx.com/?p=16768 Welcome to another insightful blog from SureShotFX, where we dive deep into the reasons prop traders don’t get funded. If you’re reading this, chances are you’ve faced the harsh reality that getting funded is no walk in the park. But fear not, as in today’s blog, we’re unpacking the top three profit statistics and two...

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Welcome to another insightful blog from SureShotFX, where we dive deep into the reasons prop traders don’t get funded. If you’re reading this, chances are you’ve faced the harsh reality that getting funded is no walk in the park. But fear not, as in today’s blog, we’re unpacking the top three profit statistics and two strategies from the SureShotFX trade team. With the help of these, you can significantly boost your chances of not only securing funding but also sustaining it over time.

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1. The First Hurdle to Get Funded: Only 30% Make it to Payout

Angelo, CEO of the funded trader, dropped a truth bomb: a mere 30% of those who get funded make it to their first payout. Shocking, right? Reflecting on personal experiences of SureShotFX Trade Team, blowing funded accounts was a reality for many prop traders However, it was driven primarily by two culprits: greed and impatience.

Greed tempts us to overleverage on what seems like a golden opportunity, leading to massive losses. Meanwhile, impatience, fueled by unrealistic profit expectations, pushes traders to risk more than they should. The key lesson here is to approach funding as a new mountain to climb, with caution and a focus on long-term sustainability.

Learning from Mistakes: The Greed and Impatience Trap

Learning from mistake in FTMO trading - expert guidance by sureshotfx

If you look at one of our known prop trader’s FTMO dashboards, the trader has blown three funded accounts due to these common pitfalls. Over-leveraging and impatiently risking 1% from the start were the main reasons for these disasters.

Yes, if you get funded, that is exciting. However, to get your first payout, you must not get out of your focus. If you start thinking that this is live money now, you can risk more if you find a clean setup. You end up overleveraging. And once your account gets below a certain percentage of drawdown, you start to get fearful and start revenge trading. Secondly, if you start risking 1% right from the start, there’s a huge risk. Let us break it down. When you are risking 1% off the bat, you will be risking 10% on one trade idea, which is crazy!

The crucial advice? Start small, risking 0.25% to 0.5% per trade idea, building a cushion before gradually increasing risk.

Realistic Profit Targets: Aim for Sustainable Growth to Get Funded

One of the most important factors to keep in mind is “Setting Realistic Profit Targets.” Do not get hyped up by seeing astronomical gains flaunted on social media by others. If you compare them to any average hedge fund’s 10-20% yearly returns, aiming for 1-3% each month is a more realistic profit target for you as a retail trader.

Sustainable profits lead to lasting success.

2. The Second Statistics: The Gamblers Among Us

Smart Funded Trader’s statistic reveals shocking data. “About 400 challenges were blown in the first week alone! “

This prompts a crucial reminder: trading challenges aren’t a game of chance. Traders who play with NEWS trade like it’s a game. And they are taking a big risk with their accounts. There are a lot of traders who will just wait for high-impact news to enter a trade. They will either pass the challenge or hit stop loss and blow their account.

Traders have to achieve specific goals, like keeping the drawdown limit and hitting the profit target, to succeed in the funding challenge. If they break any of these rules during the assessment, they can’t move forward, and they lose their account.

This puts a lot of pressure on traders to stick to these objectives. Many struggle to get past the first phase due to the strict drawdown rule. To address this, SureShotFX traders developed an EA called SureShotFX Guardian. This tool helps traders protect their drawdown limit effectively. While working on other challenge objectives, traders can rely on SureShotFX Guardian to keep their drawdown in check. Here are some features included in SureShotFX Guardian:

SureShotFX Guardian Features
  • Max Drawdown
  • Daily drawdown
  • Floating profit/loss
  • Your limits are displayed directly on your MT4/MT5 screen.
  • You will be alerted through Telegram in case your account reaches your set limit.
  • You can also close all trades and check running trades through telegram.

So, what’s our advice? Make a plan and structure to achieve your profit targets instead of relying on just luck.

3. The Third Statistic: Quality Over Quantity

A surprising revelation from FundedNext shows that 12% of funded traders taking less than 15 trades per month secure nearly 55% of total payouts.

FundedNext Forex Trading 3rd Statistics of Quality over Quantity.

This contradicts the common belief that more trades equal more profits. Generally, we have seen many of our own GOLD VIP signal members taking one-two gold trades a week and securing payouts months after months. This is called calculated trading. You do not need to trade every day; you only need to trade 2-3 times a week, depending on your trading strategy. You will be more profitable this way than placing trades daily.

The takeaway? Quality beats quantity. Take calculated A+ setups rather than succumbing to the urge to trade daily.

4. Strategies to Get Funded for 2025: Aggressive vs. Conservative

Now, SureShotFX trade team has shared two approaches to get funded accounts in 2025: the aggressive and the conservative.

Aggressive Approach: Three Simple Rules

  1. Risk 1% per trade idea.
  2. Use a 1 or 2 risk-to-reward ratio.
  3. Limit yourself to a maximum of two wins and two losses per day, with a maximum of four losses per week.
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This way you will only lose 2% in a day, securing your daily loss limit. Thus, with these rules combined with a proper signal setup from SureShotFX will streamline your path to funding.

The Conservative Approach: Slow and Steady Wins the Race
For those who prefer a low-risk, low-reward strategy, you can start with a conservative approach.

Start with a 0.5% risk
When your profit target reaches to a 2-3% margin, then increase your risk to 1%. This way, you are using your 2-3% acquired profit as a cushion. Of course, this method will take a bit longer, but this minimizes the risk of blowing your account. If you lose trades and lose the cushion, go back to the previous approach of risking 0.5% and start rebuilding. The other three rules are the same as the aggressive approach: max 2 wins/day, max 2 losses/day, and max 4 losses/week.

This way, you will be losing only 1% in a day, which is less than an aggressive approach.

SureShotFX featured in top news portal like AP News, The Financial Times and so on.

SureShotFX Hit The News:
SureShotFX has been featured by top U.S. news portals like AP News, Financial Content, Union-Bulletin, and so on. Spotlighting its innovative impact on the trading community. With a 20% discount and all VIP channel access on Eightcap registration, don’t miss the chance to elevate your trading with SureShotFX’s unbeatable Forex signals and trade copier services!

In conclusion, whether you opt for the aggressive or conservative route, remember that getting funded is just the beginning. Sustaining and growing that funding requires discipline, strategic planning, and a focus on quality over quantity. May your trading journey be prosperous and funded!

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How to Win Prop Trading Challenge? https://sureshotfx.com/how-to-win-prop-trading-challenge/ https://sureshotfx.com/how-to-win-prop-trading-challenge/#comments Sat, 23 Dec 2023 08:00:26 +0000 https://sureshotfx.com/?p=17364 Prop trading challenges offer a thrilling path for aspiring traders to test their skills and potentially win lucrative rewards. However, winning a prop trading challenge demands meticulous planning, disciplined execution, and a toolbox equipped for success. Prop trading comes with an array of challenges that can make or break a trader’s success. Maintaining strict risk...

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Prop trading challenges offer a thrilling path for aspiring traders to test their skills and potentially win lucrative rewards. However, winning a prop trading challenge demands meticulous planning, disciplined execution, and a toolbox equipped for success.

Prop trading comes with an array of challenges that can make or break a trader’s success. Maintaining strict risk management is crucial yet incredibly difficult without the right tools in place. All it takes is one bad trade for an account to spiral into a margin call if drawdowns are not actively monitored and managed.

In prop trading challenges, success is a delicate dance between strategy and risk management.  However, implementing consistent and effective risk management amidst the volatility of the markets is easier said than done. This is where a specialized tool like SureShotFX Guardian can step in to empower traders to protect their hard-earned accounts.

In this guide, we dive into the intricacies of prop trading and unveil the power of SureShotFX Guardian, a tool designed to safeguard drawdown limits and elevate your performance.

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Understanding SureShotFX Guardian

Enter SureShotFX Guardian, your invaluable companion on the prop trading battlefield. This custom-designed Expert Advisor (EA) acts as your guardian angel, safeguarding your account from exceeding your pre-defined drawdown limits. Its powerful features empower you to take control of your risk exposure and trade with a focused mind:

1. Max Drawdown Tracker – A crucial metric, SureShotFX Guardian allows you to set and monitor your maximum drawdown limit, preventing catastrophic losses.

Define your maximum tolerable drawdown, and SureShotFX Guardian automatically intervenes to prevent your account from exceeding this limit, acting as your safety net. Staying aware of your max drawdown enables you to scale back when you are nearing your comfort zone.

2. Daily Drawdown Tracker – Keeping a watchful eye on daily drawdown ensures that you stay within predefined risk parameters, promoting consistent and controlled trading. Go beyond static limits with real-time monitoring of daily drawdown. This granular control ensures your account stays within acceptable boundaries on a day-to-day basis.  This takes the guesswork out and eliminates scrambling at the last minute. 

3. Floating Profit/Loss Indicator – Furthermore, the tool provides a floating real-time profit/loss indicator on the chart so you intimately understand how each additional trade you put on will impact your bottom line. This contextual trade awareness is invaluable.

Moreover, SureShotFX Guardian,

  • SureShotFX Guardian keeps you informed every step of the way. Crucial information such as your drawdown limits, current drawdown level, and floating profit/loss are displayed directly on your MT4/MT5 screen.
    Additionally, receive instant Telegram alerts when your account approaches or reaches your set limits, allowing for swift action to prevent potential losses.
  • SureShotFX Guardian extends its reach beyond monitoring and notifications. It empowers you to manage your trades directly through the Telegram app.
    Simply issue commands like “CLOSE” to close all open positions instantly, maintaining control even when you’re away from your trading platform.
  • But the tool goes one step further by offering Telegram alerts that promptly notify you the moment your account reaches a dangerous level in proximity to your set drawdown limits or maximum loss levels. Instead of realizing too late, these alerts allow preemptive action.
  • Finally, SureShotFX Guardian enables full trade management via Telegram as well. This means you can close all trades or check running profit/loss on demand to make data driven game-time decisions.

Setting Up SureShotFX Guardian: Easy-peasy Lemon Squeezy

SureShotFX Guardian’s user-friendly design makes the installation process straightforward. A step-by-step guide ensures even novice traders can set up the tool with ease. Once installed, configuring drawdown limits is a breeze, offering a tailored approach to risk management. Alright, let’s break this:

  • Step 1) Purchase Access
  • Step 2) Download EA File
  • Step 3) Drag and Drop onto Chart
  • Step 4) Enter Credentials 

It takes just minutes without any complex manual coding or troubleshooting.

Customization: Tailoring SureShotFX Guardian to your preferences is a crucial step. Customizing alerts and notifications ensures that the tool aligns seamlessly with your trading style. For a visual walkthrough, the video tutorial provides comprehensive guidance, accessible here-

Integrating SureShotFX Guardian into Your Existing Trading Strategy

A. Once SureShotFX Guardian is set up, consistency is critical. Make sure to monitor the tool’s visual displays of your max drawdown, daily drawdown, floating P/L etc. to inform your intraday decisions. Don’t just set it and forget it. Leverage what it shows you.

B. The drawdown protection the tool provides will help maintain account resilience over the ups and downs of the market’s cycles. Avoiding forced stop outs allows you to stick to your edge with less interference.  

C. Take time to actively align SureShotFX Guardian’s parameters and notifications with your preexisting risk management plan so it integrates seamlessly rather than operating in a silo. Connecting these dots will optimize its effectiveness.

D. Additionally, keep assessing market dynamics and utilize SureShotFX Guardian to adapt. For example, increase drawdown buffer in times of higher volatility. Or tighten limits when volatility contracts. This flexibility keeps you in control.

Addressing Common Concerns

  • Candle Visibility: A common query revolves around candle visibility after installing SureShotFX Guardian. It’s essential to note that candles won’t be displayed on the chart where the EA is set. To view candles of the same pair, traders can simply open a new chart—a small adjustment for enhanced clarity.
  • SureShotFX Guardian and the Prop Trading Challenge: An important clarification is in order: SureShotFX Guardian serves as a guardian of drawdown limits in prop firm challenges but does not guarantee success in passing the challenge. Understanding its role is crucial for realistic expectations.
  • Device and Platform Requirements: SureShotFX Guardian requires a laptop or PC for setup, and optimal performance is achieved when running on the MT4/MT5 platform. These requirements ensure a stable and secure environment for the tool to function seamlessly.

Committing to Continuous Learning and Improvement

  1. SureShotFX Guardian is a dynamic tool that evolves to meet the needs of traders. Staying informed about updates and new features is key to maximizing its potential. The tool’s community provides valuable insights, creating a space for continuous learning. 
  2. And finally, don’t hesitate to provide your candid feedback to the SureShotFX Guardian team on your experience. This direct feedback enables them to identify aspects of the tool to optimize moving forward for even better functionality. Your input drives innovation.

In Closing

  • In summary, SureShotFX Guardian can undoubtedly serve as a trader’s right hand man, working tirelessly behind the scenes to enable effective risk management and drawdown protection in order to sustain long term profitability. Prop traders equipped with this tool have an edge.
  • Taking the time to actively implement SureShotFX Guardian into your processes will provide you the comfort of knowing your account has a resilient safety barrier against the inevitability of trading losses. Drawdown limits become less nerve wracking.
  • And perhaps most importantly, adopting a learning mindset around specialized tools like SureShotFX Guardian, seeking continued improvement through community and feedback, will ensure you continue progressing successfully in your prop trading career for years to come. The day you stop learning is the day you stagnate.

Golden Egg:

If you are a prop trader who wants to step up your risk management game to reach the next level, we strongly recommend adding SureShotFX Guardian to your arsenal. The drawdown protection it delivers can mean the difference between hitting your profit targets and blowing up your account so do your due diligence. The days of manual Excel calculations and guesswork should be behind you. Don’t hesitate to embrace SSF Guardian as your trusted companion in the prop trading battlefield. Take control of your risk, trade with confidence, and unlock your full potential as a successful trader.

Explore SureShotFX Guardian further and unleash its power on your prop trading journey.

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