Comparing the Challenge rules of the best prop firms in Canada 2024
Challenge rules depend on the type of prop firm model offered. Both TTT and Lark Funding offer 1-step, 2-step funding. While The Talented Trader has taken prop firm niche to a new level by adding the Instant Funding model to help our professional traders withdraw faster than the other prop firm models or prop firms globally. For simplicity purposes we have compared the classic prop firm model 2-step of some of the best prop firms in Canada.
Account Sizes and Prices
The Talented Trader - The account size starts from $5K and goes up to $200K. The prices vary from $49 to $999.
Lark Funding - The account size starts from $5K and goes up to $200K. The prices vary from $75 to $1000 respectively.
Profit Targets and Profit Splits
The Talented Trader - The profit target for $5k is $400/8% while the profit target for $200k is $16,000/8%. Profit split begins at 70% then increases to 80% for subsequent withdrawals.
Lark Funding - The profit target for phases 1 and 2 is 8% and 5% respectively. The profit split starts from 80% and goes up to 90%.
Max drawdown/ Daily Drawdown
The Talented Trader - For $5K the Daily Drawdown is $200/4% and for Max Drawdown it is $500/10%
Lark Funding - For $5K the Daily Drawdown is 5% and for maximum drawdown, it is 10%
Withdrawal time
The Talented Trader - All withdrawals are processed via bank wire transfer or crypto payouts. Any fees to facilitate the transfer are deducted from the transfer. Traders are eligible for their first withdrawal 14 calendar days after they place their first trade, then every 14 days afterward. Customer support with TTT is King. Dont trust this article, just trust the process and the acutual support we have over all the platforms.
Lark Funding - Withdrawals can be done after 14 days
Why choose TTT Over the Best prop Firms in Canada
The Talented Trader, one of the best prop firms headquartered in the UK, facilitates optimal trading conditions so traders do not worry about slippage or payouts once funded.
By partnering with The Talented Trader, you can elevate your career, add value to your life as a passive income source, and access world-class trading resources. If you're looking for the best prop firm in Canada, The Talented Trader is your answer.
What are you waiting for? 10x your capital and 10x your profits with The Talented Trader! Gain access to capital up to $2 Million. Register your email ID on: https://clientzone.thetalentedtraders.com/en/user/login Follow us on all our social handles to get up to date information on free challenge account give aways, promo codes and much more: Frequently Asked Questions (FAQs):
What are the best prop firms in Canada?
Some of the best prop firms in Canada include The Talented Trader, Lark Funding, etc.
Why is TTT better than the best prop firms in Canada?
What sets TTT apart from other best prop firms in Canada is its clean and supportive environment. They provide an array of options where the user can opt for an option that is the most profitable for them. Additionally, factors such as their profit target, profit split, drawdown limits, easy withdrawals, and more, make them simply the best
Which trading instruments are available for me to use with The Talented Trader?
You can trade a range of instruments with The Talented Trader, such as commodities, FX, global indexes, and cryptocurrencies. There are many opportunities for traders to profit from changes in the market thanks to this wide variety of trading alternatives.
What other help is provided to traders by The Talented Trader?
Our dashboard allows you to look at quantifiable metrics to track the performance of your portfolio with us! We also have state-of-the-art trading platforms like MT4 and MT5 to facilitate your trading experience. The broker we use at TTT is Mesa Markets which has the best live trading conditions
