Reviewed by PropFirm201 Research Team·At a Glance
For Traders Homepage
Pricing & Challenge Types
Fast Challenge (1-Step)
1 phase · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $6,000 | $49 | 9% | 5% | 10% |
| $10,000 | $79 | 9% | 5% | 10% |
| $25,000 | $179 | 9% | 5% | 10% |
| $50,000 | $279 | 9% | 5% | 10% |
| $100,000 | $469 | 9% | 5% | 10% |
Classic Challenge (2-Step)
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $6,000 | $67 | 8% | 5% | 5% | 10% |
| $10,000 | $109 | 8% | 5% | 5% | 10% |
| $25,000 | $229 | 8% | 5% | 5% | 10% |
| $50,000 | $349 | 8% | 5% | 5% | 10% |
| $100,000 | $569 | 8% | 5% | 5% | 10% |
Strike Challenge (3-Step)
3 phases · 70% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $6,000 | $23 | 4% | 4% | 4% | 8% |
| $10,000 | $49 | 4% | 4% | 4% | 8% |
| $25,000 | $129 | 4% | 4% | 4% | 8% |
| $50,000 | $199 | 4% | 4% | 4% | 8% |
| $100,000 | $349 | 4% | 4% | 4% | 8% |
Instant Master
0 phases · 90% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $3,000 | $46 | N/A | 5% | 10% |
| $6,000 | $89 | N/A | 5% | 10% |
| $10,000 | $139 | N/A | 5% | 10% |
| $25,000 | $299 | N/A | 5% | 10% |
| $50,000 | $449 | N/A | 5% | 10% |
| $100,000 | $699 | N/A | 5% | 10% |
For Traders Plans Page
Pros & Cons
Pros
- Multiple challenge types including 1-step, 2-step, 3-step, and instant funding
- 48-hour payout guarantee with competitive profit splits up to 90%
- Raw spreads with low commissions of $3 per lot
- AI Coach included for trader development
Cons
- News trading restricted 5 minutes before and after high-impact events
- Tick scalping is prohibited
- Some reports of account terminations without clear explanation
Trading Rules
About For Traders
For Traders is a proprietary trading firm founded in 2023 and legally registered as BLN TECH CLUB DMCC in Dubai, UAE. The firm provides traders with funded accounts up to $100,000 through multiple evaluation paths, serving traders across 130+ countries. With offices in Dubai, Prague, and Kuala Lumpur, For Traders has established itself as a versatile prop firm offering something for traders of all experience levels.
The firm stands out for its variety of challenge structures, ranging from a budget-friendly 3-step Strike challenge starting at just $23 to an Instant Master program that skips evaluation entirely. For Traders emphasizes raw spreads, low commissions, and a 48-hour payout guarantee, making it attractive for traders who prioritize speed and cost efficiency.
How It Works
For Traders offers four main paths to funded trading:
Fast Challenge (1-Step): Complete a single evaluation phase with a 9% profit target. Respect the daily loss limit and maximum drawdown, trade for at least 3 days, and receive a funded account upon passing.
Classic Challenge (2-Step): Phase 1 requires an 8% profit target, and Phase 2 requires 5%. Both phases have a minimum of 3 trading days with no maximum time limit.
Strike Challenge (3-Step): The most affordable option with lower profit targets of 4%, 4%, and 6% across three phases. Time limit of 180 days applies.
Instant Master: Skip the evaluation entirely and start trading immediately with a funded account. No profit target to pass, but a minimum 3% growth is required before the first withdrawal.
Pricing & Plans
| Account Size | Fast (1-Step) | Classic (2-Step) | Strike (3-Step) | Instant Master |
|---|---|---|---|---|
| $6,000 | $49 | $67 | $23 | $89 |
| $10,000 | $79 | $109 | $49 | $139 |
| $25,000 | $179 | $229 | $129 | $299 |
| $50,000 | $279 | $349 | $199 | $449 |
| $100,000 | $469 | $569 | $349 | $699 |
Leverage is set at 1:125 for forex, 1:20 for indices, and 1:40 for commodities. All challenge types offer no maximum time limit except the Strike challenge which has a 180-day cap.
Rules & Restrictions
- Maximum Daily Loss: 4-5% depending on challenge type.
- Maximum Overall Loss: 8-10% depending on challenge type.
- Minimum Trading Days: 3 days with at least 0.5% daily profit threshold.
- News Trading: Not permitted within 5 minutes before or after high-impact news events on funded accounts.
- Weekend Holding: Allowed.
- Tick Scalping: Prohibited.
- Hedging: Not allowed between accounts.
- Copy Trading: Allowed.
- Grid Trading: Prohibited.
- Overleveraging: Prohibited. Passing the challenge in a single trade is not allowed.
Payouts
- Frequency: Bi-weekly (every 14 days).
- Profit Split: 70-90% depending on the challenge type and account level.
- Methods: Cryptocurrency and bank transfer.
- Processing Time: 48-hour payout guarantee.
Is For Traders Legit?
For Traders is a registered company (BLN TECH CLUB DMCC) in Dubai with a growing reputation in the prop firm space. The firm maintains a Trustpilot rating of approximately 4.3/5 and operates across multiple global offices. Positive signals include transparent pricing, a 48-hour payout guarantee, and a growing trader community.
However, some traders have reported account terminations that they felt were unjustified, and the firm has a moderate risk rating from independent review platforms. Prospective traders should carefully read and understand all trading rules before purchasing a challenge.
FAQ
What is For Traders?
For Traders is a proprietary trading firm based in Dubai, UAE, founded in 2023. It offers funded trading accounts up to $100,000 through multiple evaluation paths including 1-step, 2-step, 3-step challenges, and instant funding options.
How much does For Traders cost?
Challenge fees range from $23 for a $6,000 Strike challenge account to $699 for a $100,000 Instant Master account. The Strike challenge offers the most affordable entry point in the prop firm industry.
What is For Traders' profit split?
Profit splits range from 70% to 90% depending on the challenge type chosen. The Instant Master program offers the highest split at up to 90%.
Does For Traders allow news trading?
News trading is restricted on funded accounts. Traders cannot open or close positions within 5 minutes before or after high-impact news events.
Is For Traders available in the US?
For Traders does not explicitly confirm US availability. The firm operates globally across 130+ countries but has a list of restricted jurisdictions that traders should check before signing up.