You may have heard about High Frequency Trading (HFT), but what is it? It’s an algorithm that uses powerful Programs and computers for automated Trading, and many prop firms use HFT in their challenges. HFT will also help you Pass the challenge of getting a funded account with Prop firms. HFT also has advanced methods to analyze the market and execute many orders in less than one Second.
What is a prop firm?
If you do not have enough time or experience to trade by yourself, the prop firms can help you with that. They invest your money through traders with sufficient trading experience and trade on your behalf; if you are wondering how you can guarantee that these traders will not lose your money because they took a test to obtain this money they will trade with. If they fail the test, they will not get this money, and after passing the test.
IF they lose. For example, 5% in one day (based on the maximum allowed loss per day), they will be disqualified, and The account will be restored. The rest of 95% of the account will go to another trader, and so on. The testing conditions are difficult for inexperienced traders. Still, it is a good way to invest your money, and its good for the traders who don’t have enough money to start in Forex market but they have experience.
How to trade with Propfirms
Prop firms have rules for Traders to trade with The funded account, which protects their investors from losing their money because if it were easy for any trader who wanted to get money to start trading in Forex, they would lose money quickly, right?
So they have set somewhat strict rules for novice traders, but if you are an experienced and professional trader in the field of Forex, you will find these rules easy to apply, and you will find that you actually meet these conditions on your Trading account.
There are two ways to pass the test.
The first one Is to use an HFT Expert Adviser (EA)
EA is automated trading like a program. You activate it and let it trade for you without doing anything. Cool, right? However, not all EAs works on High Frequency Trading (HFT); if you find some EAs working on HFT, they may only pass the challenge. You can’t make a profit by using them in the Real funded account, so we always recommend backtesting any EA before using it, especially if you are planning to use it in a Challenge account, so as not to waste your money.
The Second Way
If you are an experienced trader, you can Trade by yourself without needing an EA; however, EAs help you pass the challenge quickly.
How to pass the challenge with Eafxstore Products
We offer many EAs that work with many Prop firms supporting HFT and have already been tested by our Team; before purchasing any of our EAs, kindly look at the backtest first.
Which prop firm accepts HFT?
Many Prop firms are in the market, but only a few accept HFT. We have collected the most prop firms that accept HFT Here.
1 – The Talented Traders
There are a lot of plans for funding accounts,
- 1 Step challenge: after you pass the first level, you will get funded directly
- Classic: you have 2 steps challenge with a limited time
- Unlimited: no time-limited pressure; you can enter the trade whenever you want, and you have unlimited time to pass the challenge
The cost of Classic and Unlimited plans is the same.
thetalentedtrader plans
They have a good reviews on Trustpilot
thetalentedtrader trustpilot
2 – Sure leverage funding
Sure Leverage Funding is a partner with Eightcap broker, and they use their Platform; Eightcap Pty Ltd (ABN 73 139 495 944) is regulated by the Australian Securities and Investments Commission (AFSL 391441), is also regulated by the Financial Conduct Authority, FRN 921296
Sure leverage funding plans
They also have good reviews on Trustpilot
Sure leverage funding plans Trustpilot
3 – Kortana
The profit target is 8%, which is not too high to pass the challenge, and it will be easier for you to pass the only 1-step challenge.
The Trustpilot reviews are also good.
Kortanafx plans
Kortanafx trustpilot
4 – Nova Funding
Nova Funding is registered in Texas, USA, and is compliant with all necessary laws and regulations provided under local and federal jurisdictions. However, many clients who passed the funding test have complained about receiving their money.
Checkout our EAs that supports Trading With HFT in Nova funding
nova funding plans
Nova funding trustpilot
5 – Fast Forex Funding
Fast forex funding is not recommended at all because, firstly, the URL in Trustpilot is not the same as their website, and that’s very weird actually, and secondly, there are a lot of bad reviews, about 237 out of 330 bad reviews of Clients complaint about not Getting paid after request a withdrawal, However maybe we are wrong and they Are legit prop firm.
Fast forex funding have one phase challenge & Instant funding, which means (you don’t need to pass the challenge to get a Funded account)
fast forex funding plans
fast forex funding trustpilot
6 – Quantec Trading Capital
There are a lot of plans that you can choose to start the challenge with HFT, and also, the plans only with 1 Step mean you don’t have to pass more steps with additional trading conditions; once you finish the one-step challenge, you will get the funded account.
Quantec Trading Capital plans
Trustpilot reviews for Quantec trading capital
Quantectrading trustpilot
7 – Genesis Forex Funds
There is a one-step challenge supporting HFT, and there is no limited time to pass the challenge. The profit Target is 10%, which is Good for many Traders.
Trustpilot 80% of Bad reviews for Genesis Forex funds
Genesisforexfunds plans
Genesisforexfunds trustpilot
8 – Infinity Forex Funds
Here are the Types of tests that support High Frequency Trading (HFT) you can choose to start passing the challenge,
Checkout our EA that supports Trading With HFT in infinity forex funds
Infinityforexfunds plans
Infinityforexfunds
The company is not subject to any regulations, even though it provides an HFT service; customers have many complaints regarding withdrawals and that the company is manipulating its own Rules, so if you are planning to work with this company as an investor or a Trader, try to check the other companies first, Because previous customers experiences are a way to protect your money from fraud, Check out Their reviews on Trustpilot
Infinity Forex Funds Trustpilot
They also accept Algo / HFT Trading starting from $25k funded account to $500k with 1 phase challenge
Infinity Forex Funds plans
Eafxstore recommendation
First of all, we know that traders can face problems in Forex companies when withdrawing, and it is normal for the company to get a bad rating. Still, there is a difference between this being a technical problem and the company deliberately doing this.
Please note: Before joining any prop firm that provides High Frequency Trading (HFT), check Trustpilot reviews first. Many companies may not abide by their Rules and will not allow you to withdraw your money because of their greed; however, maybe the client’s reviews are wrong, and they did not read the Terms & conditions so kindly before starting with any prop firm, carefully read their Terms, So that you are not excluded from the challenge, or even after you pass the challenge and request a withdrawal, it is rejected without knowing the reason.
