- 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.
Nations Trading
- Evaluation accounts up to $250,000
- Funding up to $1,000,000 per account
- Comprehensive trading instruments availability
- Permission for overnight and weekend position holding
- News trading is permissible
- Generous 80% profit sharing
Cons ❌
FTUK
- Starting leverage of 1:10
- 2% Max stop loss risk limit
- Lot size consistency rule
Nations Trading
- Insufficient community feedback
- Robot-assisted live chat
- Absence of a free trial
Rules 📋
FTUK
Lot Size Consistency, Maximum Loss, No Martingale Allowed, Profit Target, Stop Loss Required, Stop Loss Risk Per Position, Third Party Copy Trading Risk
Nations Trading
Maximum Daily Loss, Maximum Loss, Maximum Trading Days, Minimum Trading Days, No Copy Trading Allowed, No EAs Allowed, Profit Target
Proprietary trading firms are crucial in providing retail traders the capital to trade and potentially earn substantial profits. FTUK and Nations Trading emerge as prominent figures in this domain. Both entities show promising attributes that could guide a retail trader's decision in selecting an equipped prop firm. FTUK is renowned for its instant funding approach, allowing traders to circumvent lengthy evaluation phases, while Nations Trading boasts of extensive evaluation accounts and generous funding capacities. The two firms share the advantage of permitting traders to hold positions overnight and during weekends and allowing news trading - features that give flexibility to diverse trading strategies.
Profit Sharing and Commission Structure
One of FTUK's standout features is their zero-commission policy on selected assets, exemption from swap charges, and the quick execution of payouts. Furthermore, traders can revel in an 80% share of the profits earned. Nations Trading matches this by offering an identical profit share rate, signifying that both companies understand the allure of generous rewards. Profit-sharing at such rates clearly communicates both firms' confidence in their clientele and a commitment to a mutually beneficial relationship.
Leverage and Funding
Leverage is a critical tool for many traders aiming to maximize their potential gains. While FTUK presents a default leverage of 1:10 — which may appear conservative compared to the industry standard — they also provide a pathway to reach up to 1:100 leverage, with the chance to manage considerable funds across multiple accounts. Nations Trading does not explicitly state starting leverage details but signals robust backing by funding up to $1,000,000 per trader.
User Experience and Community Feedback
FTUK has evidently established trust within its user base, reflected in a high Trustpilot rating. This suggests a supportive and reliable team dedicated to user satisfaction. On the other hand, Nations Trading presents room for growth in this area, with a noted lack of substantial community feedback. Their reliance on robot-assisted live chat might raise concerns for those who prefer personalized assistance.
Trading Conditions and Rules
Rules and restrictions constitute the framework within which traders operate, requiring adaptability to firm policies. FTUK imposes a set of rules that includes lot size consistency and a strict maximum stop loss guideline, which may deter traders who practice aggressive risk management techniques. Nations Trading provides a clear structure regarding daily loss limits and a fixed window for trading days, ensuring traders adhere to a disciplined approach.
Account Offerings and Instruments
Both firms offer numerous account sizes, with FTUK starting from $14,000 and scaling up, while Nations Trading leaps ahead with options up to $250,000. This might appeal to traders of different scales and experiences. The diversity of tradeable instruments is notably superior with Nations Trading, encompassing a broader spectrum that includes stocks. This could make a substantial difference to traders with multi-asset strategies.
Deposits and Withdrawals
Ease of transactions is vital, and both firms accommodate the use of cryptocurrencies and credit/debit cards for deposits. FTUK expands beyond the industry standard by providing additional withdrawal methods, potentially offering better convenience to the global trading community.
Conclusion
Ultimately, both FTUK and Nations Trading cater to different trader profiles through their distinct offerings and policies. FTUK seems to target those seeking immediate funding and hands-on assistance, while Nations Trading gears towards traders requiring substantial account funding and a wide array of instruments to trade. The selection between these two firms should be based on a trader’s preference for leverage, funding scale, instrument variety, and customer service experience. Hence, a prospective trader needs to weigh these factors consciously to align with their trading style and goals.
