The Best Prop Firm Trading Bot (83% success rate) (2024)

Discover the keys to success in a proprietary trading firm using the SurferPips bot. Dive deep into SurferPips, exploring its features, impressive performance stats, and customization options. Uncover exclusive insights into EA and proprietary trading firms.

Mastering Proprietary Firm Trading Guidelines

Mastering Proprietary Firm Trading Guidelines

While proprietary trading firms share the common objective of fostering trader success, each firm establishes its unique set of guidelines for traders to adhere to.

These rules encompass specific earnings targets for phases 1 and 2, which vary among firms, and drawdown limits that also differ across different firms.

This post delves into the diverse rules of proprietary trading firms and their potential impact on your trading approach.

The Earnings Goals

Each challenge is different. You can take on challenges in 1, 2, or even 3 steps. The most important thing is to calculate the cumulative goal.

For example, prop firm FTMO offers challenges in 2 steps, with a 10% objective for step 1 and 5% for step 2. This gives us a cumulative goal of 15%.

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If we look at its competitors, we have Funded Engineer, which offers the same type of challenge in 2 steps, but with an objective of 8% in phase 1 and 5% in phase 2.

This gives us a cumulative goal of 13%.

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It is therefore essential to calculate this objective for each of the prop firms. But beware, just because a challenge has a simpler profit objective doesn’t mean it’s really the case.

Especially since drawdowns must also be taken into account.

Understand the Drawdown

Drawdown in trading is like a roller coaster's descent—it's the decline in the value of your balance from its peak to the lowest point.

Picture this: you started with $510, but after 2 trades, you find yourself at $410. The $100 difference between your peak and current value is your drawdown.

In simple terms, this drawdown represents a 19.5% decrease in your account value.

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Understanding drawdown is crucial in managing your trading risk, and there are two key aspects to keep in mind: the max daily drawdown and the overall drawdown.

The max daily drawdown sets a limit on how much your account can dip in a single day.

Additionally, there's the overall drawdown, which measures the maximum drop from your account's peak to its lowest point over time.

Some prop trading firms, like Funded Engineer, use a smart solution. They employ a tool that automatically blocks your account if you exceed a preset drawdown.

It's like having a safety net that ensures you don't breach your daily limits, fostering responsible and disciplined trading.

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Now, how to chose the right prop trading ? It's simple : check the target-drawdown ratio.

Chose the Best Target - Drawdown Ratio

Understanding the target-drawdown ratio is key in prop trading decisions. Take FTMO, for instance, with a target and max drawdown both set at 10%, giving a ratio of 1.

Now, consider alternatives like Funded Engineer, The Funded Trader, or Funding Pips, offering an 8% target with a 12% max drawdown, resulting in a better ratio of 0.66%.

The lower the ratio, the more favorable the risk-return balance. Look for a prop firm with a target-drawdown ratio below 1% along with favorable trading conditions like minimal slippage and low commissions.

SurferPips : the Most Compatible Trading Bot for Prop Firms

Crafted by skilled Quant traders with expertise in manual trading, SurferPips goes beyond being just a trading bot. It serves as a versatile tool designed for prop trading enthusiasts.

Whether you prefer hands-on optimization or a hassle-free experience, SurferPips caters to all preferences.

For those into customization, the bot allows buyers to independently manage settings. If optimization isn't your strength, worry not.
Each buyer gets a pre-set file for a seamless experience.
Just place the bot on your chart and watch the magic unfold effortlessly.

SurferPips: Automation meets simplicity for prop trading success.

Analyzing SurferPips' Past Performance

What sets SurferPips apart is its commitment to maintaining consistent and reliable statistics over time, with a focus on risk management, especially the critical maximum daily drawdown. How is this achieved?

To begin, SurferPips lets users activate a Stop Loss feature, automatically closing trades if losses exceed a predefined percentage. This ensures traders stay within the limits of maximum daily drawdown rules.

Moreover, SurferPips has a track record of running series with remarkable consistency and remarkably low drawdowns over the past three years.

Here's an example of what you can achieve with the bot:

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And the accompanying statistics:

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Optimizing the Trading Bot for Varied Conditions

SurferPips offers flexibility in optimizing strategies for forex pairs, providing diverse trading opportunities. Its compatibility with various currency pairs ensures personalized trading experiences across different time frames.

Traders can customize SurferPips prop firm ea for their preferred forex pairs, improving their trading skills and maximizing potential gains.

Optimizing SurferPips for Preferred Forex Pair and Time Frame

Tailoring the SurferPips system to specific forex pairs and trading styles is crucial for maximizing performance. The bot's flexibility in adapting to preferred time frames enhances its effectiveness.

Aligned with prop firm rules, SurferPips allows the customization of strategies, offering tailored solutions for different forex pairs. Its adaptability to various market conditions further strengthens its potential for success.

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Our backtests unveil a wealth of highly effective strategies. The beauty lies in their versatility – these strategies aren't just theoretical; they're ready for implementation.

As the image illustrates, SurferPips opens the door to a multitude of viable strategies. Whether managing a personal account or preparing for a prop firm challenge, SurferPips equips you with a range of winning approaches.

Positive Client Feedback

Clients have achieved exceptional results in prop firm challenges using SurferPips. The bot has received positive testimonials from prop firm traders, highlighting its consistent profitability and risk management.

Traders credit SurferPips for helping them attain funded account status with prop firms, reflecting its success in prop firm trading challenges.

Clients' Success in Passing Prop Firm Challenges

SurferPips bot has proven instrumental in prop firm trading challenges, empowering traders to succeed in evaluations. Client testimonials underscore its effectiveness, highlighting consistent profitability and risk management capabilities.

The bot's adaptability and compatibility with prop firm rules provide custom trading solutions, allowing traders to optimize strategies for various forex pairs and market conditions.

Clients' Experience in Growing Personal Capital

Clients leveraging SurferPips consistently witness personal capital growth through its proficient trading bot. The system ensures consistent profits and capital safety via robust risk management tools.

SurferPips' automated strategies adapt adeptly to diverse market conditions, fostering profitability and funded account status for clients.

As you can see, we have client that use it for personal account. All their results are record with a Myfxbook link that you can find here.

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Frequently Asked Questions


What are the advantages of using SurferPips compared to manual trading?

Advantages of using SurferPips over manual trading include advanced algorithms and strategies for maximizing profits, 24/7 trading availability, elimination of emotional decision-making, and development by Algo traders trained by data scientist experts.


Can you use bots on FTMO?

Certainly! Yes, you can use bots on FTMO without any restrictions. There are no prohibitions mentioned on their website, and I've personally contacted their support to confirm.

Their approval means you can confidently trade with your preferred trading bot and pursue success within the FTMO prop firm.

Closing Remarks Regarding SurferPips

SurferPips is the best trading bot available because of its outstanding performance metrics, flexibility with many currency pairs, and satisfied customer base.

It has demonstrated its superiority over other bots through historical performance research, allowing clients to effectively handle prop firm issues and grow their personal capital.

Consider subscribing to SurferPips and gaining access to its advanced features in order to increase your profits and remain competitive.

Take advantage of the opportunity to improve your trading experience and accomplish your financial goals by signing up now and enjoying SurferPips' benefits.

The Best Prop Firm Trading Bot  (83% success rate) (2024)
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