Explaining Our Prop Firm Passing Service
What is a Prop Firm Passing Service?
A Prop Firm Passing Service is a professional solution designed for traders who want to access funded accounts from proprietary trading firms without the stress of passing their evaluation challenges on their own. At ForexBotTrader.com, we take on the challenge for you, trading on your behalf to meet the profit targets and risk management rules set by the prop firm. Once you pass, you gain access to a funded account, allowing you to trade with the firm’s capital and keep a significant portion of the profits—often up to 90% or more.
Our service is ideal for both new and experienced traders who want to trade on platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). We ensure compliance with prop firm rules while maximizing your chances of success.
Why Choose Our Prop Firm Passing Service?
- 100% Guarantee: We guarantee you’ll pass the prop firm challenge, or you don’t pay anything.
- Pay After 50% Target: You only pay for our service after we achieve 50% of the profit target, reducing your financial risk.
- Expert Strategies: Our team uses advanced trading strategies optimized for MT4 and MT5 to meet prop firm requirements.
- Time-Saving: Avoid the stress of evaluations and let us handle the challenge while you prepare to trade with a funded account.
- Support and Guidance: We offer ongoing support to ensure your success, even after passing the challenge.
How Our Prop Firm Passing Service Works
Step 1: Choose Your Prop Firm
Select a prop firm from our recommended list below, all of which support MT4 and MT5 platforms for a seamless trading experience.
Step 2: Sign Up for the Challenge
Register for the prop firm’s evaluation challenge, which typically involves a small fee to access a demo account for the evaluation process.
Step 3: Let Us Handle the Challenge
We take over the trading process, using strategies designed to meet the firm’s profit targets (e.g., 8% in Phase 1, 5% in Phase 2) while adhering to risk rules like a 5% daily loss limit and 10% overall drawdown.
Step 4: Reach 50% of the Target
We trade the account until 50% of the profit target is achieved. For example, if the target is 10%, we’ll reach 5% before you pay for our service.
Step 5: Get Funded and Trade
After passing the challenge, you’ll receive a funded account from the prop firm. You can then trade with their capital and keep up to 90-100% of the profits, depending on the firm’s profit split rules.
Recommended Prop Firms with MT4/MT5 Platforms
We partner with top prop firms that support MT4 and MT5 platforms, ensuring you have access to powerful tools for Forex trading. Here are our recommendations:
- FTMO: Based in Prague, Czech Republic, FTMO offers funding up to $200,000 with a 90% profit split. It supports MT4 and MT5, with leverage up to 1:100 and clear profit targets (e.g., 10% in Phase 1, 5% in Phase 2).
- FundedNext: Located in the UAE, FundedNext provides up to $300,000 in simulated funds with a 90% profit split, including a 15% profit share during the challenge. It supports MT4, MT5, and offers leverage up to 1:100.
- FXIFY: FXIFY offers funded accounts up to $400,000 with a profit split of up to 90%. It supports MT4 and MT5, with over 300 instruments and leverage starting at 1:30, upgradable to 1:50.
- The 5%ers: This firm supports MT5 and offers profit splits up to 100% after funded status. Accounts start at $95, with no subscription fees, and leverage up to 1:30 for Forex, metals, and indices.
- E8 Markets: Based in the US, E8 Markets offers flexible evaluations and scaling up to $1 million. It supports MT4, MT5, with leverage up to 1:50 for Forex and a wide range of instruments.
These firms are chosen for their reliability and compatibility with MT4/MT5. Note that some may have restrictions for US-based clients due to MetaQuotes regulations, and we can guide you to alternatives like cTrader if needed.
Trading with Vantage Markets
For the best trading experience after passing, we recommend Vantage Markets. They offer low spreads (as low as 20 pips for XAUUSD), high leverage (up to 1:500), and full compatibility with MT4 and MT5 platforms. You can start with a cent account using a minimum deposit of $50 USD (5,000 cents) to manage risk while trading on a funded account.
Risks and Considerations
While our service guarantees passing the prop firm challenge, Forex trading involves risks:
- Market Volatility: Prices can fluctuate rapidly, especially during high-impact news events like the US NFP at 14:30 GMT.
- Leverage Risks: High leverage (e.g., 1:100) can amplify both profits and losses.
- Prop Firm Rules: Firms have specific rules, such as daily loss limits (e.g., 5%) and maximum drawdowns (e.g., 10%). We ensure compliance, but you should understand the terms before trading a funded account.
We recommend practicing on a demo account to get familiar with the MT4/MT5 platforms and the prop firm’s rules before trading live.
Where to Connect
Have questions or ready to start? Reach out to us directly for personalized support and guidance.
- Telegram: Contact us on Telegram: @ForexRobotTrader or join our Telegram channel at t.me/ForexRobotTrader for quick responses and assistance.
Get Started with Our Prop Firm Passing Service
Ready to pass your prop firm challenge and trade with a funded account? Our 100% guaranteed passing service ensures you achieve your trading goals with minimal risk, paying only after we reach 50% of the profit target.
Contact Us on Telegram: @ForexRobotTrader
Visit ForexBotTrader.com for more trading resources and start your journey with Vantage Markets today!