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Updated 2026-03-08
For Traders vs SFX Funded: Which Prop Firm Is Better?
Traders choosing between For Traders and SFX Funded face a decision between two distinctly different evaluation approaches launched in 2023. The core difference lies in structure: For Traders uses a traditional two-phase challenge with more generous risk parameters, while SFX Funded offers a single-phase evaluation with tighter risk controls. For Traders provides 5% daily loss and 10% total drawdown limits compared to SFX Funded's restrictive 3% daily and 6% total loss rules. This comparison examines their evaluation structures, risk management requirements, and trading conditions to help you determine which firm aligns with your trading strategy.
FT
For Traders
Est. 2023 · N/A
4.5
1,000 reviews
VS
4 wins
6 ties
2 wins
SF
SFX Funded
Est. 2023 · N/A
4
200 reviews
Feature
For Traders
SFX Funded
Challenge Price ($100K)
$399
N/A
Phase 1 Profit Target
10%
N/A
Phase 2 Profit Target
7%
None (single-phase)✓ Single-phase evaluation
Max Daily Loss
5%✓ More daily loss room
3%
Max Total Loss
10%✓ More drawdown room
6%
Min Trading Days
3 days
None✓ No minimum
Time Limit (Phase 1)
No limit
No limit
Payout Split
70% (up to 90%)
N/A
For Traders
Pros
+48-hour reward guarantee with 100% profit split if delayed
+AI-powered coaching to help traders pass evaluations
+Multi-asset trading including crypto with weekend trading
+Customizable challenge rules based on trading strategy
+Raw spreads with low $2 per lot commissions
Cons
−Relatively new firm established in 2023
−Limited account size options compared to competitors
−News trading restricted to challenge phase only
−Maximum virtual capital allocation requires premium program qualification
SFX Funded
Pros
+Offers up to 100% profit split to traders
+Challenge fees are 100% refundable
+Multiple account size options from $5,000 to $250,000
+Bi-weekly payout frequency
Cons
−Limited information available about trading rules and policies
−Relatively new firm established in 2023
−Lower leverage at 1:30 compared to many competitors
Our Verdict
Which Should You Choose?
For Traders suits active traders who need flexibility in their risk management and platform choices. With 5% daily loss limits versus SFX Funded's 3%, and multiple platform options including MT5, TradeLocker, and cTrader, it accommodates traders who take larger position sizes or prefer specific trading software. The firm's higher Trustpilot rating of 4.5/5 from 1,000 reviews also suggests more consistent trader satisfaction.
SFX Funded appeals to conservative traders who prefer streamlined evaluation processes and can operate within tight risk parameters. The single-phase structure eliminates the complexity of meeting a second profit target, though traders must accept the 3% daily loss limitation and 6% total drawdown restriction. However, the lack of minimum trading days requirement provides some flexibility.
For Traders wins this comparison for most trading styles. The combination of more generous risk parameters, multiple platform options, and stronger reputation metrics makes it the better choice unless you specifically need a single-phase evaluation and can consistently stay within the 3% daily loss limit.
Choose For Traders if:
→48-hour reward guarantee with 100% profit split if delayed
→AI-powered coaching to help traders pass evaluations
→Multi-asset trading including crypto with weekend trading
→Customizable challenge rules based on trading strategy
Choose SFX Funded if:
→Offers up to 100% profit split to traders
→Challenge fees are 100% refundable
→Multiple account size options from $5,000 to $250,000
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.