Nations Trading, a proprietary trading firm, has crafted an exceptional funding initiative tailored for consistently performing undercapitalized traders. The path to funding requires traders to successfully navigate their rigorous evaluation criteria.
Nations Trading is devoted to fostering the success of its traders, equipping them with the means to realize increased profits with a staggering trading balance of up to $1,000,000. The gateway to such funding necessitates the clearing of their two-tiered evaluation. Once through, traders relish an 80% share of their profit earnings.
Based out of Miami, United States, Nations Trading is a burgeoning proprietary trading entity. At its helm stands Mr. Daniel Lagrawe, a prominent figure in the Forex space on Instagram. The firm empowers traders with access to capital upwards of $1,000,000, transacting through the broker, FXLiveCapital, another venture of Mr. Lagrawe.
Nations Trading presents traders with account options categorized by monthly and bi-weekly payout schemes.
The monthly payout accounts are structured with a dual-stage evaluation.
In the initial stage, a 10% profit benchmark is set, mandating at least 10 trading days for achievement.
The subsequent stage necessitates achieving a 5% profit mark within a minimum span of 10 trading days, with an exception for the $250,000 account, which replicates the 10% profit target of the first stage.
Trading safeguards include a 5% cap on daily losses and a 10% overall loss ceiling. Each of these evaluation phases is time-bound, capped at 30 calendar days.
Upon successful evaluation and transition to a live funded account, profit withdrawals can be processed every 30 days, with the trader entitled to 80% of the profit.
Similar to the monthly accounts, the bi-weekly variant also adheres to a two-tiered evaluation methodology.
The first stage demands a 10% profit realization within a minimum of 10 trading days.
Transitioning to the second stage, traders must achieve a 5% profit within a 5-day trading window.
Consistent trading constraints apply, namely the 5% daily loss restriction and the overarching 10% total loss limit. A 30 calendar day window is set for each evaluation stage.
Post-evaluation, once on the live funded account, traders can initiate profit withdrawals every 14 days, pocketing 80% of their earnings.
Nations Trading facilitates trading activities on the renowned MetaTrader 4 platform.
Nations Trading stands out amongst top-tier prop firms due to its more lenient trading regulations and minimal limitations. For instance, they permit trading during news releases, overnight position holding, and even over weekends.
A unique aspect is their exclusive offering of 2-step evaluation accounts. Yet, these programs are distinct, offering either bi-weekly (14 days) or monthly payouts (30 days), complemented by an attractive 80% profit split.
In the leverage arena, Nations Trading provides 100:1, setting a relatively modest 10% profit target for Phase 1 and 5% for Phase 2. This mirrors FTMO's evaluation model with a 10% profit objective for Phase 1 and 5% for Phase 2. The evaluation phases for Nations Trading require 5-10 trading days depending on the selected account, juxtaposed with My Forex Funds' 5-day minimum and FTMO's 10-day minimum for each phase.
In essence, the malleable trading rules at Nations Trading enable a myriad of strategies to secure funding. The focal point should be on meeting the profit target without breaching the daily and overall loss limits.
When gauging prop firms to align with one's forex trading approach, it's imperative to understand the practicality of the trading prerequisites. While a high-profit split on a well-endowed account sounds enticing, if the monthly gain expectations are lofty coupled with stringent drawdown limits, success odds plummet.
Factoring this, Nations Trading emerges as a compelling choice for funding. Their 2-phase Evaluation Process is grounded in realism, with Phase 1 setting a 10% profit aim, and Phase 2 at 5%—except for the $250,000 account which retains a 10% target across both phases. Additionally, the mandated trading days range between 5-10 per phase, contingent upon your account choice.
The allowance for weekend, overnight, and news trading positions it as a prime choice for both Day Traders and Swing Traders seeking capital up to $1,000,000.
Being a nascent proprietary firm, Nations Trading's payout structure varies with account selection, offering either bi-weekly or monthly disbursements based on your chosen evaluation program. Currently, no payment proof is accessible, but updates will be provided when available.
Nations Trading collaborates with FXLiveCapital as their broker, a venture also spearheaded by Mr. Daniel Lagrawe.
Check out Daniel’s Instagram presence here.
For platform enthusiasts, trading is facilitated via Meta Trader 4.
Nations Trading boasts an expansive array of trading tools, granting permissions to engage in forex pairs, commodities, indices, stocks, and cryptocurrencies, all at a leverage of 100:1.
No educational resources populate Nations Trading's site. However, a meticulously curated dashboard is at the disposal of all clients, simplifying risk management through detailed statistical objectives.
Nations Trading, still in its infancy as a prop firm, has garnered ten reviews, reflecting an impressive 4/5 rating on Trustpilot.
We pledge to keep you informed as more feedback surfaces.
Surprisingly, Nations Trading lacks dedicated social media channels.
Nations Trading hosts an FAQ section to address potential queries. Additionally, they can be reached via their social platforms or directly at support@nationstrading.com. A round-the-clock robotic live chat is also at clients' beck and call.
To wrap up, Nations Trading carves a niche as a bona fide prop firm, extending funding post the successful conclusion of the evaluation for global traders. Options range from bi-weekly to monthly schemes, with funding scales from $25,000 to $250,000 post a 2-step evaluation. Once funded, the opportunity to amplify your account to a $1,000,000 balance beckons, with 80% profit cuts.
When juxtaposing Nations Trading with counterparts like FTMO, My Forex Funds, and True Forex Funds with twin-phase evaluations, Nations Trading's prerequisites for clearing the evaluation appear more attainable. Key metrics include 10% profit realization in the first stage and 5% in the second. Traders must be wary of a 5% daily loss ceiling and a 10% total loss cap. The flexibility to maintain trades overnight, over weekends, and during news releases is a notable advantage.
For consistently performing traders aspiring for an account balance of up to $1,000,000, Nations Trading is a strong contender. Despite their relative novelty, they present enticing conditions via their 2-step evaluation for a spectrum of trading styles.
Our last update on this Nations Trading review was on 25.05.2023 at 08:42 (CE(S)T).
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