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    Home»Trading»FTMO Review and why is it included in the top 8 funded traders?

    FTMO Review and why is it included in the top 8 funded traders?

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    By Sabith on November 22, 2022 Trading
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    Ranking the trading firms is quite a tough job. But it makes it so easy for new traders as well as experienced ones. You get the complete information of the firm in which you are interested. Traders Union have made it so easy for everyone on the same page. In the same way we have reviewed and ranked the funded traders from 1 to 8. 

    Here in this article we will give you a description about top 8 funded traders and also give you a brief FTMO review and the reason why it is considered in the top 8.

    Top 8 funded trading companies

    Here is a list of top 8 ranking companies:

    • Topstep
    • FTMO
    • Earn 2 Trade
    • The5ers
    • Maverick trading
    • Elite trader funding
    • One up trader funding
    • Try day trading

    Topstep:

    Topstep funded trading is on the top of the list. International company which is registered in the USA. This company is number one because it offers several trading terms for clients. If you prove your skills it allows you to trade real accounts. ECN brokers are used to carry out real accounts trading.

    FTMO:

    It is in 2nd position in the ranking list presented by Traders Union. It is an international proprietary trading company that enables traders to do prop trading. It allows traders to start trading after passing a two-step testing regime. After passing the test FTMO transfers 400 thousand dollars to the trader account.  At every step during test requirements are set to the maximum allowable daily loss. It is considered as one of the best funded traders because of the trading conditions provided by the company.

    Earn 2 Trade:

    This trader’s career path is ranked 3rd. It is providing a clear path to the traders toward trading. Before getting signed in you are tested related to your efficiency and risk managing techniques. Once you are done with testing, the company will let you join a prop trading firm where you receive a trading account and then you can grow that account by fulfilling the goals. 

    The5ers:

    This trader funding program is placed on number 4. It’s a prop trading company that provides their traders with proprietary trades. It’s not a broker, hence it doesn’t provide a retail trading account. They work on descriptive evaluating programs.

    Maverick trading

    Ranked on number 5, it’s a financial trading company. Because of the surplus capital they have, they partner with the active traders. They keep 20-30% of profit and the remaining 70-80% is traders earning. To start trading with them you just have to fill out the application form, give an interview, then pass the exam on the stock market, proof your abilities on risk management. After successfully passing all these tests, you can create your own trading strategy and start trading.

    Elite trader funding

    Also known as the EOD program, ranked at number 6. By trading with them you get the best possible future evaluations. 1 step evaluation is required. You need to be a seasoned trader with a high level of expertise and professionalism. This type of evaluation does have maximum loss.

    OneUp Trader Funding:

    It is in 7th position in the ranking list presented by Traders Union. It is well known from almost a decade which makes it a reliable platform. This platform is promoting independence by using different methods. This platform is trustworthy for their users. It provides realistic targets which some of the traders don’t get. You can choose how you want to share your profit like 50-50 or 80-20. Affordable tiers if you choose 50-50 methods.

    Try day trading:

    On the number 8 try day trading is enlisted whose sole focus forex is trading. They don’t allocate you cash like every other funded trader. When you join them they will give you a 12 weeks training course. This will help you do successful trading with real money. 

    Hence we have discussed the top 8 best funded trader accounts. Now it’s easy for you to read and select which one is best for you. Because success in trading business highly depends on the choice of company you make. So you must select a company that is good according to your choices and suitable for you.

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    Sabith

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