@fortraderscom It's basically an Instant Challenge that costs more than their regular Instant Challenge. The only difference is an extra 1% drawdown, but in return you have to hit a 2% profit target. ๐ Just go for the Instant Challenge.
@TraderSumo1 You are right CFD prop firms declined because so many new firms launched with easy challenges, cheap prices, and questionable rules. Now this trend is moving into futures.
Otherwise, if there were enough futures prop firms, the same thing would happen as with CFDs. Right now there arenโt many futures prop firms, but in a year it could be like CFDs, which would spread traders across firms. CFD firms also didnโt have payout rejections three years ago.
@salmanmunir96 There are far more CFD traders than futures traders, otherwise, futures props are facing regulatory risks and possible bans. Tradovate and others have stopped onboarding futures prop firms for the past 5 months or so. Both are fucked!