Unveiling the Trading Objectives: A Comprehensive Comparison of Fidelcrest and Funding Pips
Navigating the Trading Landscape: Fidelcrest vs Funding Pips
In the dynamic world of trading, choosing the right partner is paramount. Fidelcrest and Funding Pips stand out as reputable firms offering tailored programs to aspiring traders. To help you make an informed decision, this analysis delves into the intricacies of their trading objectives, highlighting the distinct features and requirements of each program.
Phase 1 Profit Targets: Setting the Pace
The initial phase of any trading journey sets the tone for success. Fidelcrest’s Normal Risk program sets a moderate target of 10% profit, while their Aggressive Risk program offers more ambitious options of 15% or 20%. Funding Pips, on the other hand, aims for a steady 8% profit in Phase 1.
Phase 2 Profit Targets: Pushing the Boundaries
As traders progress to Phase 2, the profit targets escalate. Fidelcrest’s Normal Risk program allows for a 5% or 10% profit, while the Aggressive Risk program maintains the 15% or 20% targets. Funding Pips, in contrast, sticks to a consistent 5% profit target in Phase 2.
Risk Management: Striking a Balance
Managing risk is a cornerstone of successful trading. Fidelcrest’s Normal Risk program limits daily losses to 5%, while the Aggressive Risk program allows for a slightly higher 10% loss. Funding Pips also maintains a conservative 5% daily loss limit.
Maximum Loss: Protecting Your Capital
Fidelcrest’s Normal Risk program caps the maximum loss at 10%, while the Aggressive Risk program sets it at 20%. Funding Pips follows a similar approach, limiting the maximum loss to 10%.
Trading Timeframe: Flexibility and Discipline
Both Fidelcrest and Funding Pips offer flexibility in terms of trading days. There is no minimum requirement, allowing traders to set their own pace. However, Fidelcrest imposes a 60-calendar day limit for both phases, with an option for an unlimited extension with an add-on. Funding Pips, on the other hand, provides unlimited timeframes for both phases.
Profit Split: Sharing the Rewards
Traders share a portion of their profits with the funding provider. Fidelcrest’s Normal Risk program offers an 80% profit split, while the Aggressive Risk program increases it to 90%. Funding Pips also offers a competitive profit split, ranging from 80% to 90%.
Empowering Traders: Choosing the Right Path
Revealing the Cornerstones of UProfit: A Complete Guide
- Phase 1 Profit Goals: Setting Realistic Goals
- Phase 2 Profit Goals: Safely Overcome Limits
- Risk Management: Striking a Balance for Success
- Maximum loss: protect your capital wisely
- Negotiation timeline: flexibility and discipline united
Ultimately, the choice between Fidelcrest and Funding Pips depends on the individual trader’s risk tolerance, trading style, and objectives. Fidelcrest’s tiered risk programs cater to both conservative and aggressive traders, while Funding Pips offers a more standardized approach with unlimited timeframes. By carefully considering the trading objectives outlined above, traders can make an informed decision that aligns with their aspirations and risk appetite.