For Traders Prop Firm Review – What You Need to Know in 2025
For Traders, founded in 2022 and headquartered in Dubai, UAE, is a proprietary trading firm offering virtual funded accounts from $5,000 to $200,000, scalable to $2 million. Known for its high profit splits of up to 95%, flexible evaluation models, and support for forex, crypto, indices, and metals, it has built a reputation for accessibility and trader-focused policies.
For Traders Best suited for:
- Beginners: Affordable challenges and educational resources.
- Intermediate traders: Flexible evaluations and community support.
- Experienced traders: High profit splits and scaling plans.
- Scalpers and swing traders: Supports varied trading styles with no time limits
Pros & Cons of For Traders
Pros
High Profit Splits: Up to 95% for funded traders, competitive in the industry.- Affordable Fees: Challenges start at $49 for a $5,000 account.
- No Time Limits: Unlimited days to complete evaluations.
- Flexible Trading Rules: Allows news, overnight, and weekend trading.
- Multiple Platforms: Supports MetaTrader 4, MetaTrader 5, TradeLocker, and cTrader.
- Scaling Potential: Accounts can grow to $2 million with 10% profit every four months.
Cons
Weekend trading not available on most accounts:- Payout timelines may vary based on verification speed:
How Does For Traders Work? (Step-by-Step Guide)
- Choose an account size & challenge type: 1-phase, 2-phase, or instant funding ($5,000-$200,000).
- Pass the evaluation: 10% profit target for 1-phase
- 8% then 5% for 2-phase.
- Get funded: Trade a demo account with real profit potential.
- Profit splits & payouts: Up to 95% profit split, paid bi-weekly.
For Traders Account Types & Funding Options
- Account sizes: $5,000 to $200,000, scalable to $2 million. Funding models: o 1-phase evaluation (10% profit target). o 2-phase evaluation (8% then 5% profit targets). o Instant funding (no evaluation). Profit splits: 80%-95% based on account type and performance. Challenge fees: $49-$999, refundable with first payout for some programs.
Profit Targets & Payouts
- Profit targets: 10% for 1-phase
- 8% then 5% for 2-phase.
- Payouts: Via bank transfer, crypto (USDT, BTC), or PayPal.
- Payout frequency: Bi-weekly, with first payout after 14 days.
- Maximum drawdown: 10%-12% overall.
- Daily drawdown limit: 5% of starting equity or balance, whichever is higher.
- Comparison: For Traders’ 5% daily drawdown aligns with The 5%ers and FTMO but is stricter than Topstep (2%-4%).
Leverage & Trading Conditions
- Leverage: Up to 1:100 for forex, 1:50 for crypto, 1:20 for indices.
- Lot size restrictions: None, subject to risk management rules.
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Scalping: Short-term trades targeting small price movements.
- Swing Trading: Holding positions for days to capture price swings.
- News Trading: Permitted without restrictions.
- Overnight/Weekend Trading: Allowed across all account types.
- EAs and Copy Trading: Expert Advisors and self-copying permitted.
Restricted Trading Strategies
- Arbitrage Trading: Exploiting price discrepancies or glitches.
- High-Frequency Trading (HFT): Trades measured in seconds.
- Copy Trading Across Accounts: Coordinating trades between accounts.
- Exploiting Platform Errors: Taking advantage of price feed issues.
- Inconsistent Trading: Vaguely defined
- but flagged for erratic strategies.
How Long Does It Take to Get Funded by For Traders?
- Challenge duration: Unlimited, with a minimum of 5 trading days per phase.
- Evaluation speed: 1-phase can be completed in days
- 2-phase takes 1-2 weeks.
- User experiences: Positive for fast funding, but some report delays .
How Long Has For Traders Been Around?
For Traders has been operating since 2022. Despite its short history, it has gained popularity for its trader-friendly policies, though lack of regulation temper its reputation.
Who Owns For Traders? (Founder & Company Background)
Founder(s): Not publicly disclosed, led by a team of trading and fintech professionals. Company headquarters: Dubai, UAE. Mission & vision: To empower traders with accessible capital, flexible evaluations, and advanced trading platforms for professional growth. Regulatory status: Unregulated, operates as a prop firm with third-party brokers, emphasizing transparency.
What Can You Trade with For Traders? (Supported Markets & Assets)
Markets offered: Forex, cryptocurrencies, indices, metals. Forex pairs: Major, minor, and exotic pairs (e.g., EUR/USD, USD/JPY). Indices & commodities: S&P 500, NASDAQ, gold, silver. Crypto trading: Bitcoin, Ethereum, and select altcoins. Restrictions: No HFT, arbitrage, or inconsistent trading, must follow risk guidelines.
Does For Traders Offer Education & Trader Support? (Learning Resources & Coaching)
Basic guides, blog posts, and video tutorials on trading strategies. Trader development: Focus on risk management and performance tracking via dashboard. Coaching programs: Limited, relies on community-driven learning. Community & networking: Active Discord and Telegram for trader collaboration.
How Good is For Traders’s Customer Support? (Response Time & Availability)
Support channels: Live chat, email, Discord, Telegram. Response times: Typically within hours, but mixed feedback on resolution quality. Operating hours: 24/5 during market hours. Trader feedback: Praised for responsiveness, criticized for vague payout denial explanations.
Is For Traders a Scam or a Legit Prop Firm?
For Traders is a legitimate prop firm, verified by UAE registration and a 4.5/5 Trustpilot rating from over 1,200 reviews. However, concerns about KYC delays, and lack of regulation suggest caution, despite positive feedback on flexibility and platforms.
User Reviews & Community Feedback on For Traders
- For Traders is a legitimate prop firm, verified by UAE registration and a 4.5/5 Trustpilot rating from over 1,200 reviews. However, concerns about KYC delays, and lack of regulation suggest caution, despite positive feedback on flexibility and platforms.:
Alternatives to For Traders – How It Compares
- FTMO: Higher trust score but stricter rules and no instant funding. The 5%ers: Up to 100% split, no crypto, excludes US traders. FundedNext: Similar crypto offerings, 15% challenge profit share, but less platform variety
Final Verdict – Should You Trade with For Traders?
For Traders is best suited for beginners, intermediates, scalpers, and experienced traders seeking high profit splits, flexible rules, and crypto trading. Its no-time-limit challenges and scaling to $2 million are strong draws, lack of regulation, and limited education warrant caution. Research thoroughly before joining in 2025.
