Details About Optimal Traders
- Legal Name: The legal name of Optimal Traders is not publicly available.
- Company Number: The registration number of Optimal Traders is not publicly available.
- Country of Registration: Optimal Traders is registered in AE.
- CEO: The CEO of Optimal Traders is Azlan Rana.
- Support Mail: You can contact Optimal Traders at [email protected].
- Phone: The phone number for Optimal Traders is +971 50 568 4640.
- Payment Modes: Optimal Traders supports payments via Credit/Debit Card, Mastercard, Visa, Crypto.
- Withdrawal Modes: Optimal Traders facilitates withdrawals through Crypto, Rise.
- Official Website: Visit the official website of Optimal Traders at https://www.optimal-traders.com.
- Banned Countries: Optimal Traders does not allow traders from undisclosed countries.
Challenge Details at Optimal Traders
- Types of Challenge:The challenges offered at Optimal Traders include One Phase Challenge, Two Phase Challenge.
- Trading Platforms:Optimal Traders supports trading on undisclosed platforms.
- Trading Instruments:Traders at Optimal Traders can trade Forex, Crypto, Indices, Metals, Commodities.
- Broker:The broker associated with Optimal Traders is Raze Markets.
- Max Allocation:The maximum allocation provided by Optimal Traders is 400,000.
- Scaling:The scaling potential at Optimal Traders reaches up to 6,500,000.
- Trading Competitions:Optimal Traders does not organize trading competitions for traders.
- Free Trials:Optimal Traders does not offer free trials to its users.
Optimal Traders is one of the new leading prop firms in the prop firm space, started in May 2023 , Optimal Traders has over 3000 Funded Traders and has paid over $3.6 Million in payouts and also provide over $400000 worth of max allocation, Optimal Trader provides algo Trading which is usually not available with most firms and also there’s a set of educational resources for trading. Optimal Traders also host trading competitions in which traders can join and win gifts, cash prizes and funded accounts as well. Optimal Traders also provide a scaling plan with which traders can grow their capital up to $6.5 million.
Company Information
Company Name : Optimal Traders
CEO Name : Azlan Rana
Company Address : Optimal Traders is based out of Dubai, the United Kingdom, and Uzbekistan
Dubai Office : Dubai Silicon Oasis, DDP, Building A2, Dubai
UK Office : 67-169 Great Portland Street, 5th Floor, London, W1W 5PF
Uzbekistan Office : 2 Muzrobot Street, Mirzo Ulugbek District, Tashkent
Podcast with TheTrustedProp
TheTrustedProp recently hosted a podcast with CEO Azlan Rana , where he mentioned how Optimal Traders operates in detail
Click Here:- https://youtu.be/My8vKd3hgRk?si=ZZoYHzI9w_HfkYdf
Challenge Details:-
Optimal Traders offers 3 types of challenge, 1-Step Standard Challenge, 1-Step Algo Challenge and 2 Step Challenge.
1-Step Standard Challenge :
Prices :
$5,000 - $89
$10,000 - $189
$25,000 - $289
$50,000 - $389
$100,000 - $589
$200,000 - $999
Rules:
- Profit Target: 10%
- Total Loss: 6%
- Daily Loss: 0%
- Profit Share: 80%
- Drawdown Type: Relative Drawdown
- Time Limit: Unlimited
- Leverage: 1:33
- Max Lot Size: No max lot size rule
- Payout Frequency: 14 Days
- Allows Copy Trading: Yes
- Expert Advisors: No
- Min Trading Days: 0 Days in evaluation and 5 Days in Funded Phase
1-Step Algo Challenge :
Prices :
$10,000 - $199
$25,000 - $319
$50,000 - $429
$100,000 - $649
$200,000 - $1099
Rules:
- Profit Target: 10%
- Total Loss: 8%
- Daily Loss: 4%
- Profit Share: 80%
- Drawdown Type: Relative Drawdown
- Time Limit: Unlimited
- Leverage: 1:33
- Max Lot Size: No max lot size rule
- Payout Frequency: 14 Days
- Allows Copy Trading: Yes
- Expert Advisors: Yes
- Min Trading Days: 0 Days in evaluation and 5 Days in Funded Phase
2-Step Standard Challenge :
Prices :
$5,000 - $59
$10,000 - $99
$25,000 - $159
$50,000 - $329
$100,000 - $509
$200,000 - $959
Rules:
- Profit Target (Phase 1): 8%
- Profit Target (Phase 2): 4%
- Total Loss: 10%
- Daily Loss: 5%
- Profit Share: 80%
- Drawdown Type: Relative Drawdown
- Time Limit: Unlimited
- Leverage: 1:33
- Max Lot Size: No max lot size rule
- Payout Frequency: 14 Days
- Allows Copy Trading: Yes
- Expert Advisors: Yes
- Min Trading Days: 0 Days in evaluation and 5 Days in Funded Phase
Scaling Plan :-
After being funded, Every time a trader makes 4% profit in the span of 30 Days, their account size will grow by 25% of the initial balance.
News Trading Rules :-
There is no News Restriction when a trader trades with Optimal Traders.
Other Things to keep in mind:-
How is daily drawdown calculated :
In 1-Step Standard Program, there is no daily drawdown limit.
In 1-Step Algo and 2-Step Standard Challenge, the daily drawdown is calculated based on the equity or balance whichever is higher at the end of the day and will keep readjusting based on the account balance. This type of Daily drawdown also grows and shrinks with the account balance.
Gambling Rules :
Optimal Traders does not allow traders to have a gambler mentality and trade in ways like “ALL IN” , Trades which consist of really aggressive targets or really big lot sizes, Trades which can either pass or just fail the account, no proper risk management. Exploiting news events in not a sustainable way, these all come under gambling and is prohibited by Optimal Traders.
Strategies that are not allowed :
There are few trading strategies which are not allowed by Optimal Traders and these strategies include :
- High-Frequency Trading
- Copying trades from someone else’s account
- Trade using signals
- Martingale
- Grid Trading
- Arbitrage Trading (Latency or Reverse)
- Tick scalping
- Demo Account Management Services
Payout Methods :
Optimal Traders provide two payout methods:-
Rise
Cryptocurrency
Trading Commissions :
Commissions are set to $3 per side($6 round trip) on forex, metals and Indices in both Evaluation and Funded Phases.
IP Rules :
Traders are recommended to trade only with the same IP Address and geographical location from where they have purchased the challenge account and also if a trader changes their IP Address or geographical location then they will have to provide satisfactory proof to the support team to be able to trade further.
Optimal Traders Challenge Account Pricing
2-step challenge
Pricing
Size: $5000 ($59)
Size: $10000 ($99)
Size: $25000 ($159)
Size: $50000 ($329)
Size: $100000 ($509)
Size: $200000 ($959)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
10%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
8%-4%
Daily Loss
5%
1-step algo
Pricing
Size: $10000 ($119)
Size: $25000 ($319)
Size: $50000 ($429)
Size: $100000 ($649)
Size: $200000 ($1099)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
8%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
10%
Daily Loss
4%
1-step standard
Pricing
Size: $5000 ($89)
Size: $10000 ($189)
Size: $25000 ($289)
Size: $50000 ($389)
Size: $100000 ($589)
Size: $200000 ($999)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
6%
EA Allowed
EA Not Allowed
News Trading
News Trading is Allowed
Profit Target
10%
Daily Loss
No daily drawdown%
Frequently Asked Questions
Reviews
Excellent experience with optimal traders. Affordable challenge prices Lowest commission on trades Own broker with MT5 platform Backed by hedge fund No payout denial record Excellent discord support CEOs are professional traders No hidden rules News trading allowed 0 minimum trading days Optimal Traders is the optimum choice of traders
Hafeez Ullah
Excellent prop firm with No news restrictions, Supportive community, No payout delays, No consistent rules.
D-Arfah Misau
This is the best prop firm in the industry. I always get my payouts on time, and the support service is really great.
Malinda Dulshan
Best prop Firm ever Never a problem Al The time quick answer from the team The discord channel very active The best
Artearte Producciones
Web Traffic Data
Web Traffic
Total Overview
Pages per visit
198,014
Total Visits
3.638
Global Rank
215,840
Country Rank
2,335
Traffic Source
Spending on vaarious categories
Social
Paid Referral
Referrals
Search
Direct
Sales By Countries
Monthly Sales Overview