Forex Funded Programs: A Comprehensive Comparison of Blue Guardian and Funded Trading Plus (Premium)
Trading Objectives: A Comparative Analysis
When it comes to choosing a forex funded program, it’s essential to understand the trading objectives of each firm. Blue Guardian and Funded Trading Plus (Premium) offer distinct approaches that cater to different trader preferences.
Phase 1 Profit Target: Setting the Foundation
Both Blue Guardian and Funded Trading Plus (Premium) recognize the importance of a solid start. They have set an 8% profit target for Phase 1, ensuring that traders have a clear and achievable goal to kick off their journey.
Phase 2 Profit Target: Aiming for Growth
While Blue Guardian maintains a 4% profit target for Phase 2, Funded Trading Plus (Premium) sets a slightly higher target of 5%. This difference reflects the varying expectations of each firm regarding trader performance and risk tolerance.
Maximum Daily Loss: Managing Risk Effectively
Both Blue Guardian and Funded Trading Plus (Premium) prioritize risk management by limiting daily losses to 4%. This prudent measure helps traders mitigate potential setbacks and preserve their trading capital.
Maximum Loss: Setting Boundaries
To safeguard traders’ accounts, both firms have established an 8% maximum loss limit. Funded Trading Plus (Premium) takes it a step further by implementing a trailing feature, which dynamically adjusts the loss threshold based on trading performance.
Minimum Trading Days: Flexibility and Freedom
Neither Blue Guardian nor Funded Trading Plus (Premium) imposes a minimum trading day requirement. This flexibility allows traders to set their own pace and manage their time effectively.
Maximum Trading Period: Unlimited Opportunities
Both firms offer unlimited trading periods for both phases. This generous time frame provides traders with ample opportunity to develop their skills, refine their strategies, and achieve their financial goals.
Profit Split: Sharing the Rewards
Blue Guardian offers a fixed 85% profit split, providing traders with a stable and predictable income stream. Funded Trading Plus (Premium), on the other hand, employs a variable profit split that can range from 80% to 90%. This performance-based model rewards traders for exceptional results.
Key Distinctions: Embracing Diversity
Uprofit: 5 key features
- Phase 1 profit target: 8%
- Phase 2 profit target: 4% (Blue Guardian), 5% (Funded Trading Plus)
- Maximum daily loss: 4%
- Maximum Loss: 8% with Tracking Feature (Funded Trading Plus)
- Profit Split: 85% (Blue Guardian), 80-90% (Funded Trading Plus)
Despite their shared commitment to providing a supportive trading environment, Blue Guardian and Funded Trading Plus (Premium) have distinct characteristics that cater to different trader profiles.
Blue Guardian’s lower Phase 2 profit target and fixed profit split appeal to traders who prefer a more conservative approach with a guaranteed income. Funded Trading Plus (Premium), with its higher Phase 2 profit target and variable profit split, attracts traders who are confident in their ability to generate exceptional returns.
Ultimately, the choice between Blue Guardian and Funded Trading Plus (Premium) depends on individual trader preferences, risk tolerance, and financial goals. By carefully considering these factors, traders can select the program that best aligns with their aspirations and empowers them to succeed in the dynamic world of forex trading.
