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This is how you should get into the Futures Prop Firm challenges!!
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TheTrustedProp
Date: January 19, 2025
Every major prop firm has started to show interest in futures trading and now in this competitive landscape of futures prop trading and traders are going to find themselves confused with so many options. To end the confusion, we have found a futures prop firm which has been operating for over 2 years now and might be the perfect way to start your futures trading career. Traders Launch is a prop firm which offers traders the opportunity to trade with up to $200K in trading capital.
Transparent and Simple Evaluation Process
Futures prop firms usually do not come with 2 phase challenges and Traders Launch is one of those Prop firms which follows that same rule. Thanks to that, the evaluation process becomes straightforward and stress-free, Traders Launch keeps it simple:
- Traders only need to meet the target criteria once.
- Profit targets are realistic and achievable.
- There’s no time pressure to complete the challenge.
- This simplicity allows traders to focus on their strategies without unnecessary distractions.
Key Features of the Evaluation
1). Fair Profit Targets
Traders Launch offers one of the most competitive profit targets in the industry, For both of their $100K and $200K Futures Challenges, profit target is set to just 2% of the account sizes which is immensely lower than the standard profit target.
2). No Time Limit or Consistency Rule
As this might be the first time for traders to enter in a futures trading environment, it will definitely take some time to get used to it and Traders Launch has done this part right by not adding any time limits to pass their evaluation programs and to top it all off, They have also not added any consistency rule to make their trading more confusing.
3). The 40% Rule
As there is no Consistency Program, Traders Launch does not want traders to go on a route to become a gambler and to keep that in check, Traders Launch has kept a 40% Rule which means, Traders are not allowed to make more than 40% of their profit in one trade.
4). Affordability
Futures Trading Prop Firms can get really costly, specially when you have to pay monthly for their funded accounts and if you are just starting then it should be better if you don’t invest a big amount as long as you don’t know the coming results. With Traders Launch, Traders will only have to pay $54. Traders Launch only offers 2 funding programs which comes with 2 different Profit Split categories.
For 55% Profit Split :-
- $100K Challenge : $54
- $200K Challenge : $84
For 80% Profit Split :-
- $100K Challenge : $109
- $200K Challenge : $169
Conclusion
As a final verdict, Traders Launch affordability, Easy to reach profit target and no consistency rule, all these makes a good option for a beginner trader to get into Futures Prop Trading, specially when futures trading is about to get popular by this year.