About For Traders
For Traders, based in the United Arab Emirates and established June 2023, is a CFD firm offering Instant, 1 Step, 2 Steps and 3 Steps programs. It offers account sizes from $5,000 to $200,000 and supports MetaTrader 4, MetaTrader 5, cTrader and TradeLocker. Tradable instruments include forex pairs, commodities, equities, indices and cryptocurrencies; leverage during the Challenge Phase is 1:125 for forex and 1:20 for indices, stocks and commodities, while in the Funded Phase forex leverage is 1:40 and indices, stocks and commodities remain at 1:20. The firm has a 4.5/5 review score from 221 reviews. This summary outlines For Traders' program structure and trading scope.
Key Information
Quick Stats
Trading Rules
Consistency Rule: Your best trading day’s profit must be less than 15% of your total profit.
News Trading Details: You can hold trades during news events, but opening positions within 5 minutes before or after high-impact news is not allowed; profits from such trades will be deducted.
Drawdown Basis: Equity
Drawdown Measurement: Relative