For Traders
UpdateLIVE
UAE · 2023 · Forex & CFD
What we hold on For Traders14% researched
- Refer Score
- 54 of 100
- Operating
- 3 yrs
- Hidden rules
- None filed yet
- Can close the account
- Not read yet
- Restricted countries
- 11
- Platforms
- MT5, cTrader, TradeLocker
- Trader rating
- 4.4/5 (291)
Research coverage14%
Not on record yet: news trading policy, EA policy, copy trading policy, VPS policy, VPN policy, overnight holding, weekend holding, consistency rule, minimum trading days, payout frequency, hidden rules and entry price.
Best for
1
- Traders who want a funded account without passing an evaluation first
Watch out for
Nothing on record yet, which is not the same as nothing to watch.
Split up to 80% · Accounts up to $300K
How we scored this
| Category | Weight | Active today | Effective weight today | This firm |
|---|---|---|---|---|
| Rule transparency | 20% | Yes | 20% | 6 of 20 |
| Payout terms and reliability | 18% | Yes | 18% | 14 of 18 |
| Trader reputation | 16% | Yes | 16% | 13 of 16 |
| Challenge value | 12% | Yes | 12% | 8 of 12 |
| Drawdown terms | 10% | Yes | 10% | 5 of 10 |
| Trading flexibility | 8% | Yes | 8% | No data, 0 points |
| Operating history | 6% | Yes | 6% | 1 of 6 |
| Country access | 4% | Yes | 4% | 4 of 4 |
| Platform choice | 3% | Yes | 3% | 2 of 3 |
| Account scale | 3% | Yes | 3% | 1 of 3 |
| Total | 100% | 100% |
Currently active: Rule transparency, payout terms and reliability, trader reputation, challenge value, drawdown terms, trading flexibility, operating history, country access, platform choice and account scale. Effective weight today: 20% / 18% / 16% / 12% / 10% / 8% / 6% / 4% / 3% / 3%.
Routes to funding
6 ways to get an account with For Traders. 4 of them measure loss on a trailing basis.
Fast
1 phase$6K to $100K9% · 6% max loss · 80% split
- Profit target
- 9%
- Daily loss
- 3%
- Max loss
- 6% trailing
- Your split
- 80%
- Min profitable days
- 3
- Leverage
- —
- Time limit
- —
- Payouts
- Every 14 days
Trailing drawdown on your balance. The limit follows each closed trade up and does not come back downConsistency rule: - Minimum of 3 profitable daysClassic
2 phases$6K to $100K8% then 5% · 8% max loss · 80% split
- Profit target
- 8% then 5%
- Daily loss
- 5%
- Max loss
- 8% static
- Your split
- 80%
- Min profitable days
- 3
- Leverage
- —
- Time limit
- —
- Payouts
- —
Consistency rule: - Minimum of 3 profitable daysInstant
No evaluation$6K to $100KNo profit target · 5% max loss · 70% split
Firm health
Not checked enough to judge
We have not read this firm’s rulebook yet, so no verdict is better than a guess.
- Operating
- 3 years
- Hidden rules found
- Rulebook not read yet
- Countries restricted
- 11
- Payout terms in writing
- Yes, quoted below
- Trader rating
- 4.4 from 291 reviews
The ranking cannot be bought. We do not earn anything from this firm. Not financial advice.
How they pay
Payout frequency
- Instant, Instant Pro, Fast, Fast Static & Classic: 14 Days
Pay After Pass:
- On-demand - with a 3% buffer and 20% consistency rule
Payout ratio
Pay After Pass & Fast Static:
- 80%
Fast & Classic:
- 80%, 90% with higher cost or 70% with cheaper cost
Instant:
- 70%, increases by 5% with each payout upto 90% (To be eligible for any withdrawal, your account must have at least 3% buffer. Only profits exceeding this payout buffer are eligible for withdrawal.)
Instant Pro:
- 60% increases by 10% with each payout upto 90%. (To be eligible for any withdrawal, your account must have at least 3% buffer. Only profits exceeding this payout buffer are eligible for withdrawal.)
- Pay After Pass, Fast, Instant & Instant Pro Drawdown Lock
- The trailing Max Drawdown never exceeds the initial balance. The trailing drawdown locks at the initial balance after the first payout. Since withdrawals count as a loss , traders should maintain a safety cushion when requesting payouts.
Minimum withdrawal amount:
- $100
- Payout Cap Per Cycle On All Programs: $15,000
Payout Limits Based on Payout Methods
For rewards $400 and more:
- Rise Pay (Processing fee: $50)
For rewards $100 - $399:
- Direct Crypto Transfer via ERC20 in USDC (Processing fee: $25)
For Traders Loyalty Club Explained
- https://fortraders.com/loyalty-club
11countries
blocked
blocked
Countries blocked. You cannot trade from these
Traders in these countries cannot open an account here. Firms word these lists as “including but not limited to”, so read it as the floor, not the whole of it.
Bangladesh. Listed as restricted in a public prop-firm directory.
What traders say
No reviews of For Traders yet. If you have traded with them, you can be the first.
Where to go next
For Traders is listed in