All Firms/For Traders/$5,000

For Traders $5,000 Account Rules

Source checked Mar 21, 2026 | Primary source: Official For Traders rules
According to For Traders's official documentation (verified 2026-03-21), the For Traders $5,000 account has a $250 daily loss limit (5%), $500 max drawdown (static (floor never moves)), and a $500 profit target. The challenge fee is $49, with a minimum of 5 trading days required. Breach level is $4,500.

For Traders's $5,000 Phase 1 has a $250 daily loss limit (5%), $500 maximum drawdown (static (floor never moves)), and a $500 profit target. Minimum 5 trading days. Fee: $49. Always confirm live rules before purchasing because firms can change limits without updating older screenshots or reviews.

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Rules by Phase

phase 1phase 2funded
Daily Loss$250 (5%)$250 (5%)$250 (5%)
Max Drawdown$500$500$500
DD TypeStaticStaticStatic
Profit Target$500$250None
Min Days55None
News Tradingallowedallowedallowed
OvernightYesYesYes

What This Means In Practice

You can lose max $250 in a single day.

Your account can never drop below $4,500.

If you grow to $15,000, the floor stays at $4,500(static). Your profits don't shrink your safety net.

At 1% risk per trade ($50), you can take 5 losing trades before hitting the daily limit.

How Many Losing Trades Before You Blow

Understanding how many consecutive losers your account can survive is the difference between passing and failing. Here is the math for the For Traders $5,000 account at different risk levels, based on the $500 max drawdown (static (floor never moves)).

Risk Per TradeDollar RiskLosers to Max DDLosers to Daily Limit
0.5%$252010
1%$50105
1.5%$7563
2%$10052
3%$15031

At the commonly recommended 1% risk per trade ($50), you can absorb 10 consecutive losing trades before breaching the $500 max drawdown. However, the $250 daily loss limit means you can only take 5 losers in a single day before getting locked out. This is the constraint that bites most traders first.

Because For Traders uses static drawdown, profits you accumulate before a losing streak create additional buffer. If you are up $200 before a drawdown, you effectively have $700 of room at 1% risk, which translates to 14 losing trades.

Position Sizing Guide for $5,000

Proper position sizing on the For Traders $5,000 account depends on your stop loss distance, the instrument you trade, and the rules you need to respect. Below are practical guidelines for this specific account.

Forex (standard lots):

At 1% risk ($50) with a 20-pip stop loss, you can trade approximately 0.25 standard lots (each pip = ~$10 on majors). With a 50-pip stop, that drops to 0.10 lots. If you plan to take multiple trades in a day, remember your combined risk cannot exceed the $250 daily limit.

Conservative vs. aggressive sizing:

Conservative (0.5% risk): Risk $25 per trade. You can survive 20 consecutive losers before max drawdown. At a 2:1 reward-to-risk ratio, you need 10 winning trades (with no losers) to hit the $500 profit target.

Standard (1% risk): Risk $50 per trade. You can survive 10 consecutive losers. At a 2:1 reward-to-risk ratio, you need 5 winning trades to hit the target.

Aggressive (2% risk): Risk $100 per trade. Only 5 losers before breach. Just 2 losers hit the daily limit. Not recommended unless you have a proven win rate above 60%.

The key takeaway: on a $5,000 account with $500 max drawdown, your static drawdown gives you room to recover from losing streaks as long as you size properly. Your profit target is $500 (10%), which means you need to earn 1.0x what you can afford to lose. Use the drawdown simulator to test different scenarios.

Pros

  • +$5K account option — lowest entry barrier
  • +Static drawdown
  • +Both MT4 and MT5 supported
  • +Overnight and weekend holding allowed
  • +Entry fee as low as $49

Cons

  • -Profit split starts low at 75%
  • -Monthly payouts only
  • -Less established brand
  • -No cTrader support

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Frequently Asked Questions

What is the daily loss limit on For Traders $5,000?

The daily loss limit on the For Traders $5,000 account is $250 (5% of starting balance). If your losses for the day reach this amount, your account is terminated.

How much can you lose on For Traders $5,000?

The maximum you can lose on the For Traders $5,000 account is $500. Your account is terminated if equity drops below $4,500. For Traders uses static (floor never moves).

What is the profit target for For Traders $5,000?

The profit target for the For Traders $5,000 account is $500 (10%). You need to grow your account to $5,500 to pass the evaluation.

How much does the For Traders $5,000 challenge cost?

The For Traders $5,000 challenge costs $49. This fee is typically refunded with your first payout after passing the evaluation.

How many losing trades can I take on For Traders $5,000?

At 1% risk per trade ($50), you can survive 10 consecutive losing trades before hitting the $500 max drawdown. The daily loss limit of $250 allows 5 losing trades per day.

Is For Traders's $5,000 drawdown static or trailing?

For Traders uses static (floor never moves) on the $5,000 account. The floor is set at account opening and never moves, so profits create extra cushion above your breach level.

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