Details About For Traders
- Legal Name of For Traders: The legal name of For Traders is BLN TECH CLUB DMCC.
- Company Number of For Traders: The registration number of For Traders is DMCC-882990.
- Country of Registration of For Traders: For Traders is registered in AE.
- CEO of For Traders: The CEO of For Traders is Jakub Roz.
- Support Mail of For Traders: You can contact For Traders at [email protected].
- Phone of For Traders: The phone number for For Traders is not publicly available.
- Payment Modes of For Traders: For Traders supports payments via Crypto, Credit/Debit Card, Mastercard, Visa.
- Withdrawal Modes of For Traders: For Traders facilitates withdrawals through Wire Transfer/ Bank Transfer, Crypto, Rise.
- Official Website of For Traders: Visit the official website of For Traders at https://www.fortraders.com.
- Banned Countries of For Traders: For Traders does not allow traders from Bangladesh, Belarus, Cuba, Iran, Iraq, North Korea, Lebanon, Libya, Myanmar, Pakistan, Russia, Sudan, Syria, Ukraine, United Arab Emirates.
Challenge Details at For Traders
- Types of Challenge of For Traders:The challenges offered at For Traders include Two Phase Challenge, One Phase Challenge.
- Trading Platforms of For Traders:For Traders supports trading on Trade Locker, cTrader, DXTrade.
- Trading Instruments of For Traders:Traders at For Traders can trade Forex, Indices, Commodities, Metals, Energies.
- Broker:The broker associated with For Traders is Scandinavian Capital Markets.
- Max Allocation of For Traders:The maximum allocation provided by For Traders is 100,000.
- Scaling of For Traders:The scaling potential at For Traders reaches up to not available.
- Trading Competitions of For Traders:For Traders does not organize trading competitions for traders.
- Free Trials of For Traders:For Traders does not offer free trials to its users.
For Traders is a Forex Prop Trading Firm legally known as BLN TECH CLUB DMCC which was started in July 2023. They provide exciting trading challenges for both new and experienced traders. With options like One-Step and Two-Step challenges, you can start with accounts from $5,000 to $100,000. The firm offers clear profit targets, flexible drawdown rules, and quick payouts. Backed by user-friendly trading platforms and a helpful support team, For Traders helps you build your skills and strategies in a professional and transparent setting. For Traders also offers full access to their trading course which includes 12+ Videos of over 2 hours which is great for beginner traders.
Company Information
Company Name: For Traders
Company Legal Name: BLN TECH CLUB DMCC
Company Registration No.: DMCC-882990
Operating Since: July 23
CEO Name: Jakub Roz
Challenge Details
For Traders offers a One-Step Evaluation, Two-Step Evaluation programs, and a Two-Step Pro Evaluation Program.
Two-Step Pro Details:
Pricing:
- $6,000: $42
- $15,000: $84
- $25,000: $161
- $50,000: $229
- $100,000: $416
Rules:
- Profit Target (Phase 1): 6%
- Profit Target (Phase 2): 6%
- Total Loss: 10%
- Daily Loss: 2%
- Profit Share: 80%
- Drawdown Type: Static
- Time Limit: No limit
- Leverage: 1:100
- Max Lot Size:
- Challenge Phase (both Phases):
- FOREX: 1:125
- INDICES: 1:20
- COMMODITIES: 1:40
- Funded Phase:
- FOREX: 1:40
- INDICES: 1:10
- COMMODITIES: 1:10
- Challenge Phase (both Phases):
- Payout Frequency: 14 days
- Allows Copy Trading: No
- Min Trading Days: None
Two-Step Details:
Pricing:
- $6,000: $50
- $15,000: $99
- $25,000: $178
- $50,000: $254
- $100,000: $467
Rules:
- Profit Target (Phase 1): 8%
- Profit Target (Phase 2): 5%
- Total Loss: 10%
- Daily Loss: 5%
- Profit Share: 80%
- Drawdown Type: Static
- Time Limit: No limit
- Leverage:
- Challenge Phase (both Phases):
- FOREX: 1:125
- INDICES: 1:20
- COMMODITIES: 1:40
- Funded Phase:
- FOREX: 1:40
- INDICES: 1:10
- COMMODITIES: 1:10
- Challenge Phase (both Phases):
- Max Lot Size: 1:100
- Payout Frequency: 14 days
- Allows Copy Trading: No
- Min Trading Days: None
One-Step Details:
Pricing:
- $6,000: $50
- $15,000: $99
- $25,000: $178
- $50,000: $254
- $100,000: $450
Rules:
- Profit Target (Phase 1): 9%
- Total Loss: 6%
- Daily Loss: 3%
- Profit Share: 80%
- Drawdown Type: Static
- Time Limit: No limit
- Leverage:
- Challenge Phase (both Phases):
- FOREX: 1:125
- INDICES: 1:20
- COMMODITIES: 1:40
- Funded Phase:
- FOREX: 1:40
- INDICES: 1:10
- COMMODITIES: 1:10
- Challenge Phase (both Phases):
- Payout Frequency: 14 days
- Allows Copy Trading: No
- Min Trading Days: None
Scaling Plan
There is no scaling plan offered by For Traders.
Spreads and News Trading Rules
Spreads:
The spread is floating, which means it varies throughout the day based on market conditions.
News Trading Rules:
Traders can hold their positions during news events, but Traders are not allowed to open or close any trades within five minutes before or after high-impact news releases. This rule is in place to help prevent volatility and ensure a fair trading environment.
Other Important Rules:
Daily Drawdown Calculation:
The daily drawdown is set at either 4% of your initial account balance or a customizable amount during your challenge purchase.
Countries Banned from Purchasing:
Unfortunately, the following countries are restricted to purchase challenge accounts from For Traders:
- Pakistan
- Iran
- Syria
- Myanmar
- Bangladesh
- Vietnam
- North Korea
- Russia
- Belarus
- Cuba
- Lebanon
- Libya
- Sudan
- Crimea, Donetsk, and Luhansk regions of Ukraine
- United Arab Emirates
Gambling Rules:
For Traders emphasizes responsible trading practices. Avoid the following:
- Overleveraging
- One-sided betting
- Account rolling
- Passing the challenge in one trade
Prohibited Trading Strategies:
- Hedging: Not allowed between accounts.
- Grid Trading: Banned due to potential market manipulation.
- Tick Scalping: Not permitted, as it involves rapid trading for small profits.
Payout Methods:
You can enjoy hassle-free payouts via bank transfer, crypto, and many local payment methods.
Trading Commissions:
A standard commission of $5 per lot applies across assets, except indices, which have $0 commission.
IP Rule:
For Traders may have specific IP restrictions; ensure your trading location complies with their guidelines.
For Traders Challenge Account Pricing
One-Step
Pricing
Size: $6000 ($50)
Size: $15000 ($99)
Size: $25000 ($178)
Size: $50000 ($254)
Size: $100000 ($450)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
6%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
9%
Daily Loss
3%
Two-Step
Pricing
Size: $6000 ($50)
Size: $15000 ($99)
Size: $25000 ($178)
Size: $50000 ($254)
Size: $100000 ($467)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
10%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
8%-5%
Daily Loss
5%
Two-Step Pro
Pricing
Size: $6000 ($42)
Size: $15000 ($84)
Size: $25000 ($161)
Size: $50000 ($229)
Size: $100000 ($416)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
10%%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
6%-6%
Daily Loss
3%
Frequently Asked Questions
Reviews
i’ve had the best experience with them tbh, i received my account within 15mins of purchase and their spread to is worth it.
Abdulkadir Mannir
i’ve had the best experience with them tbh, i received my account within 15mins of purchase and their spread to is worth it.
Abdulkadir Mannir
i’ve had the best experience with them tbh, i received my account within 15mins of purchase and their spread to is worth it.
Abdulkadir Mannir
Deceptive marketing and unfair funded trader contract terms. After passing evaluations and complying with all rules this propfirm terminated my funded account without cause shortly after a few withdrawals. When you make profit, they will accuse you of potential copy trading yet no evidence provided. Do not waste your time with this propfirm because they will systematically terminates accounts after traders comply with rules and withdraw profits. Go for other legit propfirms. Submit your review in other platforms too. E.g. propfirmmatch & trustpilot
Felix Yew
Deceptive marketing and unfair funded trader contract terms. After passing evaluations and complying with all rules this propfirm terminated my funded account without cause shortly after a few withdrawals. When you make profit, they will accuse you of potential copy trading yet no evidence provided. Do not waste your time with this propfirm because they will systematically terminates accounts after traders comply with rules and withdraw profits. Go for other legit propfirms. Submit your review in other platforms too. E.g. propfirmmatch & trustpilot
Felix Yew
Deceptive marketing and unfair funded trader contract terms. After passing evaluations and complying with all rules this propfirm terminated my funded account without cause shortly after a few withdrawals. When you make profit, they will accuse you of potential copy trading yet no evidence provided. Do not waste your time with this propfirm because they will systematically terminates accounts after traders comply with rules and withdraw profits. Go for other legit propfirms. Submit your review in other platforms too. E.g. propfirmmatch & trustpilot
Felix Yew
Deceptive marketing and unfair funded trader contract terms. After passing evaluations and complying with all rules this propfirm terminated my funded account without cause shortly after a few withdrawals. When you make profit, they will accuse you of potential copy trading yet no evidence provided. Do not waste your time with this propfirm because they will systematically terminates accounts after traders comply with rules and withdraw profits. Go for other legit propfirms. Submit your review in other platforms too. E.g. propfirmmatch & trustpilot
Felix Yew
Deceptive marketing and unfair funded trader contract terms. After passing evaluations and complying with all rules this propfirm terminated my funded account without cause shortly after a few withdrawals. When you make profit, they will accuse you of potential copy trading yet no evidence provided. Do not waste your time with this propfirm because they will systematically terminates accounts after traders comply with rules and withdraw profits. Go for other legit propfirms. Submit your review in other platforms too. E.g. propfirmmatch & trustpilot
Felix Yew
Deceptive marketing and unfair funded trader contract terms. After passing evaluations and complying with all rules this propfirm terminated my funded account without cause shortly after a few withdrawals. When you make profit, they will accuse you of potential copy trading yet no evidence provided. Do not waste your time with this propfirm because they will systematically terminates accounts after traders comply with rules and withdraw profits. Go for other legit propfirms. Submit your review in other platforms too. E.g. propfirmmatch & trustpilot
Felix Yew
Deceptive marketing and unfair funded trader contract terms. After passing evaluations and complying with all rules this propfirm terminated my funded account without cause shortly after a few withdrawals. When you make profit, they will accuse you of potential copy trading yet no evidence provided. Do not waste your time with this propfirm because they will systematically terminates accounts after traders comply with rules and withdraw profits. Go for other legit propfirms. Submit your review in other platforms too. E.g. propfirmmatch & trustpilot
Felix Yew
Deceptive marketing and unfair funded trader contract terms. After passing evaluations and complying with all rules this propfirm terminated my funded account without cause shortly after a few withdrawals. When you make profit, they will accuse you of potential copy trading yet no evidence provided. Do not waste your time with this propfirm because they will systematically terminates accounts after traders comply with rules and withdraw profits. Go for other legit propfirms. Submit your review in other platforms too. E.g. propfirmmatch & trustpilot
Felix Yew
Deceptive marketing and unfair funded trader contract terms. After passing evaluations and complying with all rules this propfirm terminated my funded account without cause shortly after a few withdrawals. When you make profit, they will accuse you of potential copy trading yet no evidence provided. Do not waste your time with this propfirm because they will systematically terminates accounts after traders comply with rules and withdraw profits. Go for other legit propfirms. Submit your review in other platforms too. E.g. propfirmmatch & trustpilot
Felix Yew
Deceptive marketing and unfair funded trader contract terms. After passing evaluations and complying with all rules this propfirm terminated my funded account without cause shortly after a few withdrawals. When you make profit, they will accuse you of potential copy trading yet no evidence provided. Do not waste your time with this propfirm because they will systematically terminates accounts after traders comply with rules and withdraw profits. Go for other legit propfirms. Submit your review in other platforms too. E.g. propfirmmatch & trustpilot
Felix Yew
Deceptive marketing and unfair funded trader contract terms. After passing evaluations and complying with all rules this prop firm terminated my funded account without cause shortly after a few withdrawals. When you make profit, they will accuse you of potential copy trading yet no evidence provided. Do not waste your time with this prop firm because they will systematically terminates accounts after traders comply with rules and withdraw profits. Go for other legit prop firms. Submit your review in other platforms too. E.g. propfirmmatch & trust pilot
Felix Yew
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Total Visits
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Global Rank
206,605
Country Rank
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