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Comparisons

Forex Broker Comparison 2026: Find Your Ideal Partner

By whatprop

This article compares various Forex brokers based on their offerings and program structures for the year 2026, derived solely from the provided research brief. The aim is to provide a factual overview to assist traders in evaluating potential partners within the Forex proprietary trading landscape.

Overview

MyForexFunds offers multiple funding programs for Forex traders, featuring high growth potential for clients. FTMO is a proprietary trading firm dedicated to identifying consistent and profitable traders via evaluation programs. The Funded Trader seeks to find and fund talented traders, while Fidelcrest is an established entity in the proprietary trading arena. SurgeTrader provides funding opportunities through audition programs.

Programs

MyForexFunds

MyForexFunds features three primary programs:

  • Rapid Program: This program includes an 8% Phase 1 target and a 5% Phase 2 target, with a daily drawdown of 5% and a maximum drawdown of 12%. Trading periods are unlimited, and weekend holding is permitted. Account sizes range from $10,000 to $300,000, with prices from $99 to $1,399.
  • Evaluation Program: Similar to the Rapid Program, it also has an 8% Phase 1 target and a 5% Phase 2 target, alongside 5% daily and 12% maximum drawdowns. Account sizes vary from $5,000 to $300,000, priced from $49 to $1,399, and weekend trading is allowed.
  • Accelerated Program: Starting account sizes range from $2,000 to $50,000 with a 10% profit target and a maximum drawdown of 5%. A notable feature is the potential to double the account up to $2,000,000 for every 10% profit achieved. Weekend holding is permitted, with prices from $99 to $2,450.

FTMO

FTMO's programs consist of a two-phase evaluation:

  • FTMO Challenge (Phase 1): Requires a 10% profit target within a 30-day trading period, with a maximum loss of 10% and a daily loss limit of 5%. A minimum of 10 trading days is needed. Account sizes range from $10,000 (€155) to $200,000 (€1,080).
  • Verification (Phase 2): Involves a 5% profit target within a 60-day trading period, with similar loss limits as Phase 1 and a minimum of 10 trading days required.

The Funded Trader

The Funded Trader offers a Standard Challenge:

  • Standard Challenge: This challenge has a 10% profit target, with a maximum loss of 12% and a daily loss limit of 6%. Phase 1 lasts 35 days, while Phase 2 extends to 60 days. A minimum of 3 trading days is required per phase, with account sizes ranging from $10,000 to $400,000 and prices from $129 to $2,499.

Fidelcrest

Fidelcrest has two main Pro FX Trader challenges:

  • Pro FX Trader (Normal Challenge): Features a 10% profit target, a maximum loss of 10%, and a daily loss limit of 5%, all within a 30-day trading period. A minimum of 10 trading days is required, with account sizes from $10,000 (€99) to $400,000 (€1,799).
  • Pro FX Trader (Aggressive Challenge): This challenge has a higher profit target of 20%, a maximum loss of 20%, and a daily loss limit of 10% over a 30-day trading period, also requiring a minimum of 10 trading days. Account sizes range from $10,000 (€149) to $400,000 (€2,799).

SurgeTrader

SurgeTrader features a One-Step Audition:

  • One-Step Audition: This program demands a 10% profit target, with a 4% trailing drawdown and a 5% fixed daily drawdown. The trading period is unlimited, but minimum trading days are not specified.

Platforms and Rules

Specific trading platforms supported by MyForexFunds, FTMO, The Funded Trader, Fidelcrest, or SurgeTrader have not been disclosed. Additionally, maximum leverage details are not specified for any of the listed firms.

Regarding program rules:

  • MyForexFunds allows weekend trading across all programs (Rapid, Evaluation, and Accelerated), with unlimited trading periods.
  • FTMO's Challenge has a 30-day trading period for Phase 1 and a 60-day trading period for Verification (Phase 2), each requiring a minimum of 10 trading days.
  • The Funded Trader's Standard Challenge has a 35-day trading period for Phase 1 and a 60-day trading period for Phase 2, with a 3-day minimum trading requirement per phase. Weekend trading rules are not specified.
  • Fidelcrest's Pro FX Trader challenges feature a 30-day trading period with a 10-day minimum trading requirement. Rules regarding weekend trading and Expert Advisors (EAs) have not been disclosed.
  • SurgeTrader's One-Step Audition has an unlimited trading period.

Gaps in the provided information include details on commissions or spreads, geographic restrictions, and specific rules regarding news trading or expert advisors. Withdrawal and payment methods are also unspecified for any of the firms.

Offers

  • MyForexFunds: The Rapid and Evaluation Programs entail a refundable one-time fee. The Accelerated Program allows for account doubling up to $2,000,000 for every 10% profit achieved by the trader. Payouts begin at 50% and can reach up to 80% for the Rapid Program, 75% to 85% for the Evaluation Program, and 50% to 90% for the Accelerated Program.
  • FTMO: Offers a refundable fee upon successful completion of the FTMO Challenge and Verification, with payouts starting at 80% and potentially reaching up to 90%.
  • The Funded Trader: Provides larger account sizes up to $400,000 in their Standard Challenge, with payouts starting at 80% and reaching up to 90%.
  • Fidelcrest: Offers both "Normal" and "Aggressive" challenges to cater to different risk tolerances, along with a scaling plan that allows traders to increase their capital up to $2,000,000. Payouts start at 80% and can go up to 90%, with the potential for 90% on larger accounts.
  • SurgeTrader: Details beyond the audition program have not been specified.

Summary

MyForexFunds delivers diverse programs with features like refundable fees and account doubling. FTMO and The Funded Trader provide multi-phase challenges with competitive payout structures. Fidelcrest stands out with its normal and aggressive challenges and a scaling plan, while SurgeTrader offers a straightforward one-step audition. Overall, all firms have information gaps regarding platforms, leverage, and specific trading rules.

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