Unveiling the Distinctive Features of Blue Guardian and Funding Pips: A Comprehensive Comparison
Trading Objectives: A Comparative Analysis
When embarking on the journey of forex funded programs, understanding the trading objectives of different firms is paramount. Blue Guardian and Funding Pips, two prominent players in this arena, present distinct approaches that cater to varying trading styles and aspirations.
Phase 1: Setting the Foundation
Both Blue Guardian and Funding Pips establish an identical 8% profit target for Phase 1, laying the groundwork for successful trading endeavors.
Phase 2: Navigating the Challenges
As traders progress to Phase 2, the profit targets diverge. Blue Guardian maintains a conservative approach with a 4% target, while Funding Pips sets a slightly higher 5% target, offering traders the potential for greater returns.
Managing Risk: Daily and Maximum Losses
Blue Guardian and Funding Pips adopt different strategies for managing daily losses. Blue Guardian imposes a stricter 4% limit, providing traders with a tighter safety net. Funding Pips, on the other hand, allows for slightly higher daily losses of up to 5%.
When it comes to maximum losses, both firms align, setting a 10% threshold to safeguard traders’ capital.
Trading Duration: Flexibility and Structure
Blue Guardian requires traders to engage in a minimum of 5 calendar days of trading, ensuring a consistent approach. Funding Pips, however, offers greater flexibility, allowing traders to determine their own trading schedule.
Both firms provide unlimited trading periods for both phases, giving traders ample time to achieve their objectives.
Profit Distribution: A Tale of Consistency and Variability
Blue Guardian’s profit split remains steady at 85%, providing traders with a consistent and predictable revenue stream. Funding Pips, on the other hand, employs a variable split ranging from 80% to 90%, offering traders the potential for higher returns based on their performance.
Key Differences: Embracing Diversity
UProfit: 5 key points for Forex funded programs
- Phase 1 profit target: 8%
- Phase 2 Profit Targets: Blue Guardian (4%), Funding Pips (5%)
- Daily Loss Limits: Blue Guardian (4%), Funding Pips (5%)
- Maximum Loss Limit: 10% for both Blue Guardian and Funding Pips
- Profit Distribution: Blue Guardian (85% constant), Funding Pips (80-90% variable)
While Blue Guardian and Funding Pips share common ground in Phase 1 profit targets and maximum loss limits, their unique approaches become evident in Phase 2 profit targets, daily loss limits, and trading day requirements. Additionally, Blue Guardian’s consistent profit split contrasts with Funding Pips’ variable split.
These distinctions empower traders to make informed decisions based on their individual trading strategies and risk tolerance. By understanding the nuances of each firm’s offerings, traders can align themselves with the provider that best suits their aspirations in the dynamic world of forex funded programs.
