- Competitive pricing with transparent trading conditions.
- Unlimited trading duration with a progressive scaling strategy.
- Profit share ranging from 80% to 90%.
- Permission for news trading and overnight & weekend holding.
FTUK
- Instant funding with a single-phase evaluation and 4.6/5 Trustpilot rating.
- Supportive team allowing weekend/overnight positions and news trading.
- Zero commission on various assets, no swap charges, and swift payouts.
- 80% profit share, 1:100 leverage, and manage up to 3x $5,760,000.
Cons ❌
Forex Capital Funds
- Leverage limited to 1:30
- Limited community feedback
FTUK
- Starting leverage of 1:10
- 2% Max stop loss risk limit
- Lot size consistency rule
Rules 📋
Forex Capital Funds
Maximum Daily Loss, Maximum Loss, Maximum Trading Days, No Copy Trading Allowed, Profit Target, Third Party EA Risk
FTUK
Lot Size Consistency, Maximum Loss, No Martingale Allowed, Profit Target, Stop Loss Required, Stop Loss Risk Per Position, Third Party Copy Trading Risk
Navigating the world of proprietary trading firms can be a complex endeavor for retail traders looking to leverage additional capital. Forex Capital Funds and FTUK both provide compelling options, each with their distinct advantages. This analysis aims to highlight differentiators that may sway a potential user's decision.
Forex Capital Funds Review
Forex Capital Funds offers traders competitive pricing and transparent conditions, which are crucial for those who prioritize cost-efficiency. Its standout feature is the unlimited trading duration paired with a progressive scaling plan, inviting sustained growth opportunities for traders.
The profit share scheme is also highly lucrative, offering between 80% to 90%, which is at the higher end of the industry's range. This can be particularly enticing for traders confident in their strategies and looking to maximize their earnings.
Another pro is the firm's flexibility regarding trading styles. Allowing news trading as well as overnight and weekend holding aligns with traders who adopt a more opportunistic approach and do not want to be confined by strict timing constraints.
However, without specific cons listed for Forex Capital Funds, it's important for potential users to carefully examine the firm's detailed terms and conditions to fully understand any implicit drawbacks.
Tradeable instruments with Forex Capital Funds are broad, covering commodities, crypto, forex, indices, and metals, providing an excellent range for traders who wish to diversify their portfolios.
FTUK Review
FTUK stands out with its offering of instant funding, which can be crucial for traders eager to start without enduring a prolonged evaluation process. This feature, along with their high Trustpilot rating, suggests a robust level of user satisfaction and trust.
One unique feature is the supportive team that actively allows weekend and overnight positions paired with the allowance for news trading, which, similar to Forex Capital Funds, provides traders with considerable flexibility in their trading strategies.
The zero commission on various assets and the absence of swap charges paired with swift payouts makes FTUK an attractive proposition for cost-sensitive traders. Moreover, the substantial leverage of 1:100 and the opportunity to manage sizeable amounts of capital give ambitious traders the tools to scale up rapidly.
Cons for FTUK include a relatively low starting leverage of 1:10 and the 2% max stop loss risk limit. These could potentially limit aggressive trading strategies and risk-tolerant traders. Furthermore, the lot size consistency rule may be seen as restrictive to traders looking for flexible position sizing options.
Deposit and withdrawal methods are fairly similar between the two firms, although FTUK offers a traditional bank wire transfer option, which might be more familiar and reassuring to some traders.
FTUK accommodates account sizes in multiple currencies—EUR, GBP, and USD—offering greater flexibility compared to Forex Capital Funds' accounts solely in USD.
Rules and Restrictions
Both firms enforce rules that users must adhere to remain compliant. Forex Capital Funds stipulates maximum daily and overall loss limits, a prohibition on copy trading, and EA restrictions. FTUK similarly enforces maximum loss and profit target rules, alongside specific mandates against Martingale strategies and requirements for stop loss per position.
FTUK’s range of tradeable instruments slightly constrains compared to Forex Capital Funds, omitting crypto - a potential disadvantage for those looking to trade digital currencies.
Company Background
The age of a firm can influence perception of stability and industry experience. Forex Capital Funds is the newer player, incorporated in July 2023, potentially offering a more modern approach but with less proven track record compared to FTUK, which has been operational since December 2021.
Conclusion
Retail traders considering Forex Capital Funds and FTUK will find strengths in both firms. Forex Capital Funds suits those looking for high profit shares and flexible trading conditions without time restrictions. FTUK appeals to traders desiring instant access to funds, substantial leverage options, and a proven reputation. As always, aligning with a prop firm requires an assessment of individual trading goals and strategies alongside a thorough review of the terms and conditions to ensure the chosen firm meets a trader's specific needs.
