Unveiling the Best FTMO Alternative - “FPF - Forex Prop Firm”

ATTENTION USA TRADERS: We are merging to Match-Trade, USA CLIENTS needs to enter another country than USA at checkout!

Since FTMO has now closed its operations in the US, an agitated situation has been observed among the traders who trusted FTMO before. FTMO was a successful prop firm, and it seems quite difficult to find an alternative trustworthy prop firm with similar benefits. FTMO has left a significant void in the trading Industry.  But Not to worry, as we have come to the rescue with a perfect alternative with even better perks! We’re decoding “FPF – Forex Prop Firm” as the best FTMO replacement! Why? Let’s Check Out!

Why is FPF More Than A Perfect Alternative?

ForexPropFirm.Com (FPF) is a trusted firm in the Modern Trading Industry and achieved the highest passing rate in just 8 years.

What has it achieved so far?

FPF claims itself as the “Go-to prop firm” for traders and they have all rights to do so.

The Stats and figures of FPF of just 8 years speak on their own, they are surely reliable, with a promising commitment to transparency.

Traders’ Favorite FPF’s Offerings:

Restrictions Free Simulated Trading:

FPF focuses on creating favorable trading conditions. It gives Traders the freedom to engage in news trading, hold positions for long, and utilize Expert Advisors without any limitations.

Earn 10% Virtual Profit from Initial:

FPF is now a leading prop firm because of its advantages. They offer traders a 10% virtual profit bonus once they complete an evaluation. Traders get this bonus along with their first payout.

Flawless Payout System:

FPF offers a virtual profit ratio of 90:10 for successful traders, in its one-step model and two-step model for Evaluation. The profit split ratio is 80:20 for traders who prefer Instant Funding. Payouts are processed in 1-5 business days, showing the efficiency of the system.

Scaling Plan up to $10M:

FPF provides a precise and clear scaling plan, allowing traders to deliver the best using their skills for potential outcomes and scale the account up to $10,000,000.

How does FPF Work?

Forex Prop Firm works on the motive of convenience for traders. They offer Two Models for Evaluation:

If the traders want to opt for Instant Funding, FPF offers an Instant Funding Model with no challenges or evaluations for a faster route.

Moreover, All trades are executed through an award-winning regulated broker with competitive spreads, ensuring optimal trading conditions.

Transparent Comparison with FTMO:

To affirm your decision, here’s a quick comparison between FTMO and FPF overall, in evaluation phases, and an instant funding model.

Overall Comparison:

 

Criteria FPF FTMO
Funding Models 1-Step Model and 2-Step Model 1-Step and 2-Step
Trading Conditions No Consistency rule, No Daily Drawdown Scaling Plan with various conditions.
Virtual Profit Share 90% Virtual Profit Split from Day 1 80:20 to 90:10
Payout Time 1-5 business days, every 15 days 14 days on-demand

Instant Funding Model:

 

Criteria FPF FTMO
Starting Capital: $10,000 USD – $200,000 USD $400,000
Minimum For Withdrawal: 5% 5%
Overall Drawdown:  5% 5% Maximum Daily Loss
10% Maximum Loss
Daily Drawdown:  5% 5%
Minimum Simulated Trading Days:  5 4
EA’s, Signals, Overnight & Weekend Position(s) Accepted:  Yes Yes
Platforms: 4, 5 4
Virtual Profit Split Funded Account:  80/20 (up to 100/0) 80/20 (Up to 90/10)
Tradeable: Commodities, Forex, Indices & Stocks Forex, Indices, Commodities, Stocks, Crypto
Guaranteed Simulated Funding: $10,000,000

 

Evaluation Phase 1 Comparison:

 

Criteria FPF FTMO
Profit Target: 10% 10%
Min Trading Days None 4 days
Max Trading Period None None
Daily Drawdown 4% 5%
Overall Drawdown 6% 10%
Trading Restrictions None None
Profit Split During Evaluation 10% 0%
Profit Split Funded Account 90/10 up to 100/0 80/20 up to 90/10
Tradeable Commodities, Forex, Indices & Stocks Forex, Indices, Commodities, Stocks, Crypto
Guaranteed Funding $10,000,000

Evaluation Phase 2 Comparison:

Criteria FPF FTMO
Profit Target: 5% 5%
Min Trading Days 3 days 4 days
Max Trading Period None None
Daily Drawdown 5% 5%
Overall Drawdown 8% 10%
Trading Restrictions None None
Profit Split During Evaluation 10% every month by default
Profit Split Funded Account 90/10 (up to 100/0) 70% to 90%
Tradeable Commodities, Forex, Indices & Stocks Forex, Indices, Commodities, Stocks, Crypto
Guaranteed Funding $10,000,000

Conclusion:

Choosing the right forex prop firm is necessary for traders, especially with FTMO’s recent exit from the American market. FPF emerges as a strong contender, offering unparalleled benefits and a proven track record. Whether you’re an experienced trader or a beginner, FPF is your Trading firm to go by all means.