In this lesson, we will compare the features, requirements, and profit splits of three leading proprietary trading firms: The Funded Trader Program, FTMO, and My Forex Funds. This information will help you make an informed decision about which prop firm may be the best fit for your trading goals and style.

The Funded Trader Program:

• Evaluation process: The Funded Trader Program offers a two-step evaluation process, with both steps requiring traders to meet specific profit targets and risk management criteria within a given time frame.
• Account sizes: The Funded Trader Program offers account sizes ranging from $10,000 to $500,000.
• Profit split: The firm offers a 50% to 80% profit split, depending on the account size and the trader's performance.
• Growth potential: Traders can increase their account size by up to $100,000 every quarter based on their performance.

FTMO:

• Evaluation process: FTMO offers a two-step evaluation process called the FTMO Challenge and Verification, with specific profit targets and risk management rules.
• Account sizes: FTMO offers account sizes from $10,000 to $200,000.
• Profit split: The firm offers a 70% profit split.
• Growth potential: Traders can request an increase in their account size by 25% after each profitable month, up to a maximum of $1,000,000.

My Forex Funds:

• Evaluation process: My Forex Funds has a one-step evaluation process called the Trading Evaluation, with profit targets and risk management criteria that must be met within a specified time frame.
• Account sizes: My Forex Funds offers account sizes from $5,000 to $2,000,000.
• Profit split: The firm offers a 50% to 80% profit split, depending on the account size and the trader's performance.
• Growth potential: Traders can double their account size every four months based on their performance.

In summary, each prop firm offers different evaluation processes, account sizes, profit splits, and growth opportunities. It's essential to carefully consider these factors and review each firm's specific requirements and conditions to choose the one that best aligns with your trading goals and style. By selecting the right prop firm, you can benefit from the capital and support they provide, ultimately accelerating your trading success.