For Traders

For Traders also runs its own site-wide promotions. As of July 2025, their homepage shows a BOGO deal: buy a challenge and get a free account of the same size on your first payout. Check their pricing page to compare which discount gives you the better saving. Codes do not stack.

For Traders launched in July 2023 under the name BillionsClub before rebranding. It has grown to 150,000+ customers across 130+ countries and has paid out $9M+ to traders as of July 2025. CEO is Jakub Roz, based out of the Prague office which runs day-to-day operations with 40+ staff.

Two legal entities run the business. FT Trading Ltd is registered in Saint Lucia (The Sotheby Building, Rodney Bay, Gros-Islet) and provides the simulated trading platforms. BLN Tech Club DMCC is registered in Dubai, UAE (Goldcrest Executive Building, JLT Cluster C, registration DMCC196633) and handles educational products and payment processing.

The firm operates in four markets: forex, crypto, futures, and a brand-new prediction markets beta (predictions.fortraders.com). It supports TradeLocker, cTrader, and MetaTrader 5 as trading platforms. Notable features include a built-in AI report that analyzes your trading journal, free monthly tournaments, and a loyalty credits system that earns discounts on future challenges.

Industry awards: Benzinga Most Innovative Prop Trading Firm (2024), Prop Firm Match Best Payout Process (2024), International Business Magazine Best European Evaluation Company (2025), The Trusted Prop Awards Fastest Payout Prop Firm (2025). Liquidity providers are Purple Trading (Cyprus-regulated) and dxFeed (Ireland).

For Traders has one of the most modular challenge setups in the market. You pick the market, then the challenge type, then a variant. Most types run with no deadline. Account sizes go from $3,000 to $100,000 for forex and crypto challenges. Futures goes from $25,000 to $100,000.

Entry fees start at $42 for the smallest account sizes (per TradersUnion data) and scale up with account size. The challenge fee is non-refundable on most types. The Pay After Pass model is an exception: you only pay after you pass.

Forex Challenge Types

Crypto Challenge Types

Three types: Fast (1-step, 10% target, trailing drawdown, accounts up to $50K), Fast Pro (1-step, 6% target, EOD drawdown, 90% profit split on funded, on-demand payouts), and Instant (no evaluation). Weekend and overnight holding is allowed across all crypto types — markets run 24/7.

Futures Challenge Types

Two types: Fast (1-step with dollar-based targets) and Instant (no evaluation). Drawdown is calculated at end-of-day, not in real time. Fixed dollar amounts per account: $1,000 on $25K, $2,000 on $50K, $2,500 on $100K. No daily drawdown limit and no activation fee on futures. Full news trading allowed on both evaluation and funded stages. Max position size limits apply by account size.

For Traders' rules are specific and numerous. Three of them cause most of the complaints.

Daily Drawdown

Set at 3% of starting balance on most forex and crypto types (3–4% on Classic). It runs on live equity, not just closed positions. If your open trades push equity below the threshold during the day, you breach — even if you later close the trade at breakeven. This catches traders who assume a partial recovery clears the flag. It does not.

Maximum Drawdown — Three Calculation Types

The drawdown calculation method varies by challenge type. This is one of the more confusing parts of the For Traders ruleset and worth mapping out before you pick a challenge.

• Trailing drawdown: the floor rises with your highest balance. Used on Fast and Instant forex accounts at 6%, and Instant crypto at 5%. Once the floor locks in at a high, it stays there even if you take losses.
• Balance-based static drawdown: the floor is fixed at a percentage of starting balance and never moves regardless of profits. Used on Classic and Strike at 8–10%. This is the most trader-friendly type since profits do not tighten your safety net.
• EOD trailing drawdown: updates only at end of day rather than in real time. Used on crypto Fast Pro and futures. The futures $100K account has a $2,500 fixed drawdown amount (equivalent to 2.5%).

Drawdown Protection (Funded Accounts Only)

A separate real-time floating loss limit applied on all funded Master Accounts at 2% of starting balance. It tracks unrealized losses on open positions. First breach: all open trades close automatically, your account stays active, but profit split drops to 50% for that cycle. Second breach: account closed permanently. This runs in parallel with the daily drawdown limit and the maximum drawdown. On a forex funded account, three distinct loss limits apply simultaneously.

The 40% Margin Rule (Anti-Gambling Policy)

Any single trade that uses more than 40% of the account's total available margin is classified as gambling. The profit from that trade is not counted toward your total. This is separate from drawdown limits. A 4-lot gold position on a $100K account is the most common example traders cite for hitting this threshold. The rule applies to both evaluation and funded accounts. It is documented in For Traders' anti-gambling policy, linked from the rules page.

News Trading Rules

Evaluation phase: news trading and overnight holding are allowed across all forex and crypto types. Funded Master Account: you can hold positions through news events but cannot open new trades within 5 minutes before or after a high-impact release. Futures: full news trading allowed on evaluation and funded with no restriction at all.

Consistency Rules

Applies to specific account types only. Instant accounts require that no single day's profit exceeds 15% of total accumulated profit. Pay After Pass funded accounts cap single-day profit at 20% of total. Crypto Fast Pro funded accounts have a 35% single-day cap. Classic, Strike, and Fast types have no consistency rule on the evaluation or funded stage.

Other Key Rules

For Traders supports three external trading platforms. Platform access depends on the instrument type and your country of residence.

Tradable Instruments

Forex: major, minor, and exotic pairs. Indices: US30, NAS100, DAX40, and others. Commodities: gold, silver, oil, energies. Crypto: 50+ pairs including BTC and ETH, available 24/7 including weekends. Futures: specific contracts with fixed position sizing by account size.

Commissions: $2 per lot on forex (the firm's FAQ states $2 per lot, though some third-party sources cite $3 — verify at checkout). Indices trading is commission-free. Stated spreads based on trader reports: $0.30 on XAUUSD and $0.70 on NAS100, which rank among the tighter figures in the CFD prop space. No hidden fees, no monthly subscription, no spread markups beyond the raw spread.

For Traders guarantees payout processing within 48 hours of a valid request. If they miss it, they pay 100% profit split for that cycle. The stated average processing time is 14 hours. That figure is broadly consistent with trader reports — the issue is that first payouts sometimes require a compliance interview step that pushes the timeline past 48 hours.

Profit Split by Account Type

Withdrawal Minimums and Caps

Minimum withdrawal: $100 across all types. Maximum per cycle: $15,000 for most account types. Futures accounts cap per-cycle withdrawals by size: $800 on $25K, $1,500 on $50K, $2,500 on $100K. You must have a minimum number of profitable days before requesting (3 days on most types, 7 on Instant accounts). A profitable day counts when daily gains reach 0.5% of starting balance.

Payout Methods

For Traders claims to be the first prop firm to offer prediction markets trading, launching the beta at predictions.fortraders.com in March 2026. The product is currently in Round 2 of a free monthly competition — no real money withdrawals are available in the beta.

How It Works

You buy YES or NO shares on event outcomes across 12 categories: politics, sports, culture, crypto, climate, economics, companies, financials, tech and science, health, world, and mentions. Contracts are priced between $0 and $1. If you are correct, each share pays $1 at resolution. If not, it pays $0. You can also sell your position before resolution at the current market price.

The competition account starts with $100,000 in simulated balance. Rules: 10% max total loss ($10,000), 5% max risk per event ($5,000), maximum 3 open positions at a time. There is no evaluation phase — you start trading immediately. The competition runs for one month.

What Winners Get

Top 19 traders on the leaderboard win ForTraders.com challenge accounts: 1st–3rd place wins a $100K challenge, 4th–6th wins $50K, 7th–9th wins $25K, and 10th–19th wins a $6K challenge. Round 1 distributed $1M worth of challenge accounts across the top 10 finishers. Entry is free with no payment required.

What This Means for Traders

The prediction markets product is relevant for two reasons. First, it gives traders in markets where CFD prop trading is restricted (UK, EU) a way to access a ForTraders product without the regulatory friction. Second, if the beta moves to a paid live version, it would expand For Traders into a faster-growing segment: prediction market trading volume grew 4x to $63.5B globally in 2025. How they structure real payouts, drawdown rules, and risk management for a live version is still unannounced.

For Traders is a real business with a physical office in Prague, two registered legal entities, and a documented payout history of $9M+. The firm appears at major industry events, employs 40+ staff, and has a CEO with a public profile. None of that is in question.

The Trustpilot situation is. As of July 2025, Trustpilot has flagged For Traders for a guidelines breach after removing fake reviews. The rating is currently listed as unavailable. Before the flag was raised, the visible breakdown was 1,664 total reviews: 75% 5-star, 17% 1-star. A 17% one-star concentration is higher than comparable firms with clean Trustpilot records. Prop Firm Match gives For Traders a 4.5/5 rating from 256 reviews — a cleaner signal for now.

The pattern in the 1-star reviews clusters around three complaints: accounts closed after profitable runs with vague "risk indicator" language and no specific rule breach cited, drawdown calculations applied in ways traders did not expect based on FAQ reading, and payout delays caused by undisclosed interview requirements. The firm responds to complaints publicly with detail, which is a baseline expectation met.

The fake review removal flag is the harder issue. It is not a banned firm or a confirmed scam. But it is a firm that appears to have manipulated its own review profile, which is a meaningful trust signal when you are deciding where to put challenge fee money. If you go ahead, use the FUNDEDTRADING code at checkout, read the full anti-gambling policy and rules page before you trade, and size your first challenge accordingly.

For alternatives with cleaner review profiles at similar price points, see the full prop firm directory.

For Traders is a well-built product on the challenge side. The modular setup is a genuine differentiator. TradeLocker integration is tight, spreads on gold and tech indices are among the best published in CFD prop, and the AI journal analysis is a real feature not a marketing slide. Adding prediction markets puts them in a category no other prop firm currently occupies, and that matters for traders in restricted CFD markets. The FUNDEDTRADING code plus their BOGO promotion makes first-challenge pricing reasonable.

The trust side has two problems that do not disappear. Trustpilot removed fake reviews and flagged the account. That is harder to overlook than a bad review cycle. The "risk indicator" account termination complaints are a documented pattern across traders who had multiple successful payouts before getting closed. Whether that is legitimate undisclosed risk enforcement or something worse is not answerable from public information — but the pattern exists.

For traders who read the full ruleset and trade in a disciplined way, For Traders is a reasonable choice with a track record of paying out. For traders who want a cleaner trust history at a comparable price point, alternatives exist. Either way, the FUNDEDTRADING coupon reduces your cost of entry.