For Traders is a Dubai-based prop firm launched in 2023, offering five challenge programs with funding up to $300,000 and a flat 80% profit split across all account levels. With over 25,000 traders in 130+ countries, it's grown quickly since launch.
TL;DR: A mid-range CFD prop firm with straightforward pricing and a clean 80% profit split. The 48-hour payout guarantee is a nice commitment. But the challenge fees aren't cheap at the higher tiers, the fee is non-refundable, and the firm is still young enough that the track record deserves scrutiny. Best for traders who want clear, no-nonsense terms without hidden conditions.
How For Traders Works
For Traders follows a standard challenge model. You purchase an evaluation account, trade within the rules, hit your profit target, and move to a funded account. The firm emphasises transparency in its pricing and rule structure, which is refreshing in an industry where hidden fees and surprise conditions are common.
The firm supports over 25,000 traders across 130+ countries from its base in Dubai. It launched in 2023, making it one of the newer entrants, but the growth trajectory suggests it's building a solid user base.
Account Types & Pricing
| Account Size | Price | Profit Target | Min Trading Days |
|---|---|---|---|
| $6,000 | $49 | Varies | 3 |
| $15,000 | $109 | Varies | 3 |
| $25,000 | $179 | Varies | 3 |
| $50,000 | $269 | Varies | 3 |
| $100,000 | $469 | Varies | 3 |
The $49 entry point for a $6,000 account is accessible, but the value proposition weakens at higher tiers. $469 for a $100,000 account is on the expensive side compared to competitors. And the fees are non-refundable, even if you pass. That's a notable difference from firms like FTMO or Audacity Capital that refund challenge fees with your first payout.
The minimum trading requirement of just 3 days is one of the lowest in the industry, giving traders the flexibility to pass quickly.
Trading Rules & Conditions
The rules are relatively straightforward:
- Minimum trading days: 3 (very low)
- Profit targets: Vary by account size and phase
- Daily loss limit: Standard percentage-based
- Maximum drawdown: Standard percentage-based
- Platforms: MetaTrader 5
For Traders bills itself as having "clear, honest pricing with no hidden fees," and from what we can verify, that holds up. The terms are laid out upfront, and there's no activation fee or surprise charges after passing.
Payout Structure & Methods
All funded traders receive an 80% profit split regardless of account size or challenge level. There's no tiered system where you start at a lower percentage and work up.
The 48-hour payout guarantee is For Traders' standout feature. Once you meet the profit criteria on your funded account, the firm commits to processing your withdrawal within 48 hours. That's faster than the industry average of 3-7 business days.
The maximum funding of $300,000 is decent but not industry-leading. Firms like The 5%ers and City Traders Imperium scale to $4M.
Platform & Tools
For Traders operates on MetaTrader 5. This is the industry standard for CFD trading, so most traders will be comfortable with it. The firm doesn't offer MT4, cTrader, or proprietary platforms.
What We Like
- 48-hour payout guarantee is a strong commitment
- Flat 80% profit split across all levels with no tiered ramp
- Only 3 minimum trading days for evaluation
- Transparent pricing with no hidden fees or activation costs
- 130+ countries served
What Could Be Better
- Non-refundable challenge fees make it more expensive if you pass
- $469 for a $100K account is above average pricing at higher tiers
- Founded in 2023 means limited track record
- MT5 only with no alternative platform options
- $300K maximum funding is lower than top competitors
For Traders vs Competitors
Against FTMO, For Traders loses on pricing, brand trust, and maximum funding, but wins on payout speed. Against FundingPips, the competition is closer, though FundingPips offers more pricing flexibility with its 1-Step and 2-Step options. See our cheapest prop firms guide for a cost comparison.
Is For Traders Legit?
The firm appears legitimate based on its growth, consistent payout reports, and presence in 130+ countries. The Dubai registration is standard for the prop firm industry.
The 2023 founding date means we're looking at roughly two years of track record, which is acceptable but not long enough to fully relax. Watch Trustpilot reviews and community feedback for any emerging patterns.
Discount Codes & Offers
For Traders occasionally offers promotional pricing. Check their website for current deals.
Final Verdict
Rating: 3.6/5
For Traders does what it says on the tin. Clear pricing, a flat 80% profit split, fast payouts, and low minimum trading days. No gimmicks, no confusing tier structures.
The drawbacks are the non-refundable fees, higher pricing at upper tiers, and a relatively short track record. It's a perfectly serviceable choice for CFD traders who value simplicity, but there's nothing here that sets it apart from the pack in a meaningful way.
FAQ
Is For Traders legit?
The firm operates from Dubai, has 25,000+ traders across 130+ countries, and has consistent payout reports since 2023.
How much does For Traders cost?
Challenges range from $49 (for a $6,000 account) to $469 (for a $100,000 account). Fees are non-refundable.
What is For Traders' profit split?
A flat 80% across all account levels. No tiered system or ramp-up period.
Can I use For Traders in the US?
Yes, For Traders accepts US-based traders.
How fast are For Traders payouts?
The firm offers a 48-hour payout guarantee once profit criteria are met.
What is the minimum trading period?
Just 3 days, one of the lowest requirements in the industry.
Disclaimer: This review is for informational purposes only and does not constitute financial advice. Trading involves risk of loss.