1. Understanding Proprietary Trading Evaluations
Proprietary trading firms operate on a simple premise: they provide capital to skilled traders who can demonstrate consistent profitability. However, the evaluation phase (often split into Phase 1 and Phase 2) acts as a rigorous filter. Firms like Sabio Trade, FTMO, MyForexFunds, and others require traders to hit specific profit targets without violating strict drawdown parameters.
The Funded Account Management Services offered by PFM Capitals are engineered around these exact evaluation metrics. We don’t just trade to make money; we trade to survive the rules first, then capitalize on market inefficiencies second. This paradigm shift separates professional account managers from retail hobbyists.
- Phase 1: Typically requires 8% profit with 10% max drawdown and 5% daily drawdown.
- Phase 2: Requires 5% profit with identical risk parameters.
- Funded Phase: Real capital allocation with scaling plans and profit splits ranging from 70% to 90%.