For Traders review
For Traders is a Dubai-based prop trading firm founded in July 2023 by CEO Jakub Roz, operating as FT Trading Ltd. (Saint Lucia) with additional offices in Prague and Kuala Lumpur. It sells paid evaluations across one-, two- and three-step Challenge tracks, an Instant Master funding option, and a reduced-upfront-cost Pay After Pass model, on simulated accounts running from roughly $15,000 up to $300,000 on a Premium tier, across forex, crypto, indices, commodities and futures on MetaTrader 5, cTrader and TradeLocker. Profit splits run from a standard 80% up to 90% on instant-funding accounts, backed by a 48-hour payout guarantee. As with the rest of the category, it is not a regulated broker — it describes itself as a "SaaS educational trading simulation and evaluation company" using virtual capital — and it is young enough (2023 launch) that its public track record is still limited.
For Traders key facts
- Website: www.fortraders.com
- Category: Prop trading firm
- Founded: 2023
- Headquarters: Dubai, UAE
- Model: 1-, 2- or 3-step Challenge, Instant Master, or Pay After Pass
- Account sizes: $15K–$100K (Premium up to $300K)
- Profit split: 80% standard, up to 90% instant
- Payouts: 48-hour guarantee, bi-weekly cycle
- CEO: Jakub Roz
- FYI Score: 81.6/100 (ranked #29 of the 63 prop trading firms we track)
Rules and risk
- Standard Challenge tracks (one-, two- and three-step) run daily drawdown limits of 3-4% and maximum drawdown of 5-8%, tightening as the evaluation gets more phases and lower per-phase targets.
- The Instant Master route skips the evaluation entirely, using a 3% daily / 5% trailing drawdown instead of a profit target.
- All accounts are simulated: For Traders describes itself as a "SaaS educational trading simulation and evaluation company" using virtual capital, not a licensed broker holding client deposits.
- Hedging and arbitrage are prohibited; semi-automated EAs are permitted but fully automated bots are not, per third-party rule summaries.
Payouts and programs
- Profit splits are 80% on standard Challenge tracks, rising to up to 90% on Instant Master funded accounts.
- A 48-hour payout guarantee applies, with reviewers reporting typical processing much faster in practice.
- The Pay After Pass model lowers upfront cost by deferring most of the challenge fee until after a trader passes.
- Reported total trader payouts exceed $10 million since the July 2023 launch, per company figures — self-reported, not independently audited.
For Traders evaluation challenges
| Challenge | Steps | Profit target | Max drawdown | Profit split | Price |
|---|
| One-Step Challenge | 1-step | 9% | 6% | 80% | from $29 · $15K–$100K |
| Two-Step Challenge | 2-step | 8% | 8% | 80% | from $29 · $15K–$100K |
| Three-Step Challenge | 3-step | 6% | 5% | 80% | from $29 · $15K–$100K |
| Instant Master | — | — | 5% | 90% | from $50 · $15K–$300K |
Markets
Forex, Crypto, Indices, Commodities, Futures
Platforms
MetaTrader 5, cTrader, TradeLocker
Who For Traders is for
A reasonable fit for a trader who wants a choice of evaluation styles and comparatively low drawdown limits, and who is comfortable in a simulated, unregulated environment. Traders should read the current published rules directly on the site given the inconsistency across third-party trackers, and weigh the 80% standard split against higher-split competitors.
Pros
- Wide range of entry routes — one-, two- and three-step Challenges, Instant Master funding, and a lower-upfront-cost Pay After Pass model — across MetaTrader 5, cTrader and TradeLocker.
- Comparatively low daily/max drawdown limits (3-8% depending on track), which is trader-friendly relative to some category peers.
- 48-hour payout guarantee, and a Premium tier scaling account size up to $300,000.
- Established enough for a public track record: 150,000+ customers claimed across 130+ countries and a roughly 4.2/5 Trustpilot rating from 400+ reviews at the time of research.
Cons
- Not a regulated broker: accounts are explicitly simulated/virtual capital, payouts are discretionary, and the firm restricts access from a list of countries.
- A young firm (launched July 2023) with a shorter operating history than category leaders like FTMO or FundingPips.
- Third-party review sites list meaningfully different exact profit-target and drawdown figures for its Challenge tiers (rules appear to have changed or vary by promotion), so traders should confirm current numbers directly on fortraders.com before buying.
- Standard-track profit split (80%) is below the highest offers in the category; the 90% figure only applies to the Instant Master funded-account route.
For Traders FAQ
Is For Traders legit?
For Traders is a real, operating firm founded by CEO Jakub Roz in July 2023, registered as FT Trading Ltd. (Saint Lucia) with offices in Dubai, Prague and Kuala Lumpur. It reports 150,000+ customers and carries a roughly 4.2/5 Trustpilot rating from 400+ reviews. It is not a regulated broker — accounts are simulated, using virtual capital rather than live trading funds.
What evaluation options does For Traders offer?
One-, two- and three-step Challenge tracks with progressively lower per-phase profit targets, an Instant Master option that skips evaluation entirely, and a Pay After Pass model that defers most of the fee until after a trader passes. Account sizes run from roughly $15,000 to $100,000, with a Premium tier up to $300,000.
How does the profit split and payout work?
Standard Challenge tracks pay an 80% profit split; the Instant Master funded-account route pays up to 90%. For Traders offers a 48-hour payout guarantee, with reviewers reporting faster typical processing in practice.
Is For Traders regulated?
No. For Traders describes itself as a SaaS educational trading simulation and evaluation company that uses virtual capital rather than live client deposits, and it is not authorised by a financial regulator. Payouts on qualifying performance are discretionary under its own terms.
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