4PropTrader futures prop firm review - Scam Alert?!

4PropTrader futures prop firm review - Scam Alert?!

4PropTrader prop firm offers funded accounts for futures traders. The range of funded options is between 10k to 250k USD. Traders are promised an impressive 95% profit split, which is a very serious proposition. All fees are monthly subscription fees and the 10k challenge starts from 99 USD a month, which is competitive. The firm does not charge commissions for trading during evaluation, which is very flexible. 

In this unbiased 4PropTrader review, we will assess the firm’s most critical features including safety, rules, funded options and types, assets, platforms, pricing, support, and much more. After reading this review, you will define if the firm is trustworthy.

Pros & cons of 4PropTrader prop firm

ProsCons
Offers an impressive 90% profit splitNo reviews on major platforms like FPA or Trustpilot, and was recently launched
Monthly subscription fees start at $99Only futures trading is available
Provides R|Trader Pro advanced futures platformsDoes not offer a scaling plan
Multilingual support via email and live chatLacks educational resources
 Funded traders must pay platform fees

Quick rating of 4PropTrader and its features

FPA ScoreNot rated yet
Year founded2024
HeadquartersUnknown
Minimum audition fee99 USD
Fees on withdrawals0 USD
Minimum funded amount10,000 USD
Maximum funded amount250,000 USD
Allowed daily lossNone (Not required)
Profit target6%
Maximum trailing drawdown5%
Profit sharing (Payouts)90%
Trading PlatformsR|Trader Pro
Available trading marketsFutures

Safety of 4PropTrader

There are no 4PropTrader reviews on the Forex Peace Army (FPA) platform, which is a big downside. The firm is not available on Trustpilot, which is yet another big red flag. One of the main factors when trying to define the firm’s safety is to check trader experience and feedback. Since 4PropTrader has none, it indicates the firm might be a scam or extremely young. The firm was launched in 2024 which makes it inexperienced in the industry. Overall, the firm provides very little evidence to support its reliability and safety, which is a major red flag. Furthermore, all funded challenges are virtual evaluations, meaning traders access only demo accounts. No broker backs the firm’s services, which is yet another red flag. 

The firm gets a 0 score in this section.

4PropTrader Funding and maximum capital allocation

The 4PropTrader funded program is a single-step challenge account where traders have to trade on futures and achieve a profit target once. The list of 4PropTrader funding options include 10k, 25k, 50k, 100k, 150k, and 250k USD. There are no other types of 4PropTrader challenges, which is also a disadvantage for traders. 

4PropTrader scaling plan is not offered either, which is a minor drawback as traders can not grow their funded accounts slowly. There are no smaller accounts below 10k and no larger accounts beyond 250k. 

As a result, the firm gets only a 2.5 score in this section.

4PropTrader Assets

4PropTrader prop trading assets only include futures. However, traders can speculate on a range of markets using futures like currencies, commodities, and equities. Despite this, the firm not offering other asset types is still a serious downside for multi-asset traders. 

In the end, the firm gets only a 1 score in this section. 

4PropTrader Trading rules and limitations

4PropTrader rules include a 6% profit target and a 5% pro drawdown. Futures rules work slightly differently than other prop firm types, and the firm has no daily risk limits. However, the 5% and 2.5% (in some challenges) drawdown limits are very strict. Traders should be very careful when trying to hit the profit target and must not take excessive risk, or they will quickly breach the drawdown rules. Trailers have to also use strategies with the lowest drawdown possible, or they might hit the drawdown on their open trades when market volatility is very high. So, news trading is not recommended. 

As a result of strict rules and requirements, the firm only managed to get a 1 score in this section. 

4PropTrader Fees

The pricing starts at 99 USD a month, which is very competitive for a 10k USD challenge. Futures prop firms have typically higher funded amounts and are more expensive, and anything below 100 USD is very competitive. The 100k challenge costs 229 dollars per month, which is a competitive price. 

4PropTrader free trial is not available and the 4PropTrader free repeat is not offered either, which is a downside. Traders can not test trading conditions before purchasing the challenges.

In the end, the firm gets a 2 score in this section. 

4PropTrader Platforms

The firm allows access to R|Trader Pro, powered by Rithmic, which is a dedicated futures trading platform with advanced features. Once the trader becomes funded, they have to pay fees for using the price data on a platform, which further elevates their trading costs. Mobile trading is available, which is convenient.

All in all, the firm gets a 3 score in this section. 

4PropTrader Profit-Sharing

4PropTrader profit split is 90% which is very attractive, allowing traders to withdraw most of their profits. Withdrawals are allowed at any time and traders can use various payment options such as Bank Wire, PayPal, and crypto (USDT). Processing of withdrawals takes 1-3 business days, which is a bit long.

Overall, the firm gets a 3 score in this section. 

Education and trading tools at 4PropTrader

The firm lacks comprehensive educational resources such as webinars, live videos, or trading courses. The firm does not provide a trading blog either, which is also a drawback. Furthermore, there are no tools offered to increase traders’ accuracy.

Overall, the firm gets a 0 score in this section.

Customer Support at 4PropTrader

4PropTrader customer support consists of email and live chat. There is no phone support. Both the website and support are multilingual, which is very beneficial.

As a result, the firm gets a 3.8 score in this section. 

Frequently Asked Questions on 4PropTrader

Is 4PropTrader legit?

4PropTrader scam is highly likely as the firm is young, lacks trader reviews, and is not backed by any regulated brokers. 

Is 4PropTrader a good prop firm?

No, the firm has very low safety ratings, which makes it very risky and unreliable as of now. 

What is the minimum 4PropTrader fee?

The smallest pricing starts at 99 USD a month, which is very competitive for a 10k USD challenge.