Traders With Edge

Auto Prop Trader Alternative & Comparison

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Auto Prop Trader Alternative and Comparison. That’s what we’re going to discuss in this video.

You’ll see up the top here, we have the Prop Firm name and the Challenge type. We’ve got the Trader With Edge Turtle, the Trader With Edge Hare, the Auto Prop Trader Standard account and the Auto Prop Trader Aggressive account. We’re using a hundred thousand dollar account as the comparison on all of them.

You’ll see the maximum account size after scaling. So most prop firms will continue to add to your account if you’re a consistently profitable trader. The max account size after scaling is that maximum amount that the prop firm will fund you up to. So Trader With Edge funds you’re up to $3 million after scaling and Auto Prop Trader funds you up to 2 million. You can see there is rapid scaling available on Trader With Edge, but Auto Prop Trader doesn’t have rapid scaling.

If you’re on the website traderswithedge.com, you go into Challenges, Scaling Plans, and then you’ll go to a page that looks like this. Up the top, we explain the difference between the auto scaling and the rapid scaling. Then if you scroll down, there’s a video that explains more in detail. It gives you some examples, show you some graphs on how much faster your account will grow with the rapid scaling option. Then if you continue to scroll down to the bottom, you’ll see a calculator that we’ve built, where you can select your account type, your variables and your account threshold, and it will tell you exactly what the difference would be between you taking a standard scaling account or a rapid scaling account.

Back to our comparison of Auto Prop Trader, so if we continue to scroll down, you’ll see the number of phases for each challenge. The Turtle is a one phase challenge, which means you just pass one phase and then you go directly to a funded account, whereas the other three are all a two-phase account. The price in US dollars, you’ll see the Turtle is $750 because it is a one-step account. The Hare is $590. Auto Prop Trader Standard is $499, and the Auto Prop Trader Aggressive is $749. Is the fee refundable? It’s not refundable on the Turtle account because it is a one phase challenge. On all the other three, the fee is refundable. So once you’ve passed your challenge and then you receive your first payout, you’ll receive the refund with that payout.

The target for phase one is 10% on both Trader With Edge accounts. It’s 8% on the Auto Prop Trader Standard account, and it’s 16% on the Auto Prop Trader Aggressive. There is no phase two for the Turtle. You would already be on a live funded account by now. Trader With Edge Hare is 5% for phase two. Auto Prop Trader Standard is 14% and 8% for the Auto Prop Trader Aggressive.

The maximum drawdown is 5% for the Turtle. It’s 10% for the Hare, 12% for the Auto Prop Trader Standard and 24% for the Aggressive. The daily drawdown is 2.5% on the Turtle, 5% on the Hare, 7% on the Auto Prop Trader Standard and 14% on the Aggressive. The profit share is 80% across the board no matter which challenge you went with. The minimum trading days on all of them is 10 minimum trading days. Minimum trading days for phase two is not applicable on the Turtle because you’d already be on a live funded account and 10 days for all the others. The trading period, so you’ve got a full year on the Turtle account to pass. The Trader With Edge Hare account is 30 days, and with Auto Prop Trader, you’ve got 60 days in total to pass phase one and phase two. Trader With Edge Hare, you’ve got 30 days for phase one and 60 days for phase two, so you’ve got 90 days to pass both. Auto Prop Trader, you’ve got 60 days to pass both the first and second.

Can you hold over weekends? You can with the Turtle account, you can with both Auto Prop Trader accounts, but you can’t with the Trader With Edge Hare account. Can you use EAs? You can use EAs on all of them. Trader With Edge, just request approval first. You’ve got to remember that every prop firm has a rule that says you can’t use exactly the same strategy as other people who are trading with them. So what most firms will do is you can start trading with them and use an EA, yes, but then you’ll lose your account when they find that you are using exactly the same EA as someone else. This is why with Trader With Edge, we say better to seek approval first.

Do they allow signals? Yes. You can trade signals on all accounts. You can trade news on all accounts. You don’t get a free retry on the Turtle account. It doesn’t make any sense because you’ve got a full year to pass the challenge so it doesn’t make sense to give a free retry. With the other accounts, you do get a free retry. What this means is if the time runs out, but you’re in profit and you haven’t violated any other rules, then you will receive a free retry for the challenge.

Can you trade Forex? Yes. Digital currencies? Yes to all. Can you trade commodities? Yes to all. Can you trade indices? Yes on all. Can you trade share and stock CFDs? No, you cannot on the Auto Prop Trader, but you can on Trader With Edge, both accounts.

Do they have trading competitions? Trader With Edge has trading competitions. So you can enter a trading competition, battle it out with all of your friends online. The person who wins at the end of the period will typically win a free challenge account. This goes for places first to third. Do they have giveaways? Trader With Edge has giveaways, but Auto Prop Trader doesn’t seem to have any giveaways. Here’s one example of a giveaway that Trader With Edge ran recently. You could enter your name and email and go in the running to win one of three $50,000 Prop Challenge accounts. This giveaway may or may not be active at the time that you see this video, but this is an example of some of the giveaways that we run from time to time. If we keep scrolling down Trader Education, you’ll see that Trader With Edge gives free trader education, but Auto Prop Trader doesn’t.

Do they have affiliate programs? Yes. Trader With Edge has an affiliate program. It pays up to 20% lifetime. So if you refer someone through your unique tracking link and they sign up today, if they don’t purchase anything for six months, then you still receive commission on that person that you referred six months later so it’s kind of like having passive income stream. Auto Prop Trader doesn’t have an affiliate program that we can see.

That pretty much concludes our Auto Prop Trader Alternative and Comparison. If you continue to scroll down, you’ll see some more information. If you’ve got any questions, talk to us on live chat, or post you comment below the video. Have a great day.

[/fusion_toggle][/fusion_accordion][fusion_accordion type=”” boxed_mode=”” divider_line=”” inactive_icon=”” active_icon=”” icon_boxed_mode=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” border_size=”1″ border_color=”” hue=”” saturation=”” lightness=”” alpha=”” background_color=”” hover_color=”” divider_color=”” divider_hover_color=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” title_font_size=”” title_color=”” icon_size=”” icon_color=”” icon_box_color=”” icon_alignment=”” fusion_font_family_content_font=”” fusion_font_variant_content_font=”” content_font_size=”” content_color=”” toggle_hover_accent_color=”” toggle_active_accent_color=””][fusion_toggle title=”About Auto Prop Trader” open=”no” class=”” id=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” title_font_size=”” title_color=”” hue=”” saturation=”” lightness=”” alpha=”” fusion_font_family_content_font=”” fusion_font_variant_content_font=”” content_font_size=”” content_color=””]

The AutoPropTrader Group was founded by a group of like-minded people in the area of finance, trading and information technology in 2020. They found that due to the lack of funds many professional traders quit trading and because of that, they come up with a solution by giving traders the opportunity to get funded and an opportunity for everyone to provide liquidity/funds to the professional traders and earn parts of the profit generated by them. The company believes that by providing skilled traders with access to funds, it will give them the opportunity to achieve their dream lifestyle.

The company provides customer service through their personal and international approach. They vow to provide honesty and transparency to their clients. The company’s governing principles are highly valued by their clients.

AutoPropTrader offers its clients trading platforms with user friendly rules and competitive pricing. They want to revolutionize the prop firm industry by providing quality service to their clients. They have a team to focus on the trading styles of their funded traders and a program to improve their trading skills. They also believe in bringing the opportunities of financial markets to global audiences, wherever they are and whatever their financial ambitions are.

[/fusion_toggle][/fusion_accordion][fusion_pricing_table type=”1″ backgroundcolor=”” hue=”” saturation=”” lightness=”” alpha=”” background_color_hover=”” bordercolor=”” dividercolor=”” heading_color_style_1=”” heading_color_style_2=”” pricing_color=”#4ecca3″ body_text_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” columns=”5″][fusion_pricing_column title=”Prop Firm/Challenge” standout=”no”][fusion_pricing_price currency=”” currency_position=”left” price=”Size” time=”” ][/fusion_pricing_price][fusion_pricing_row]Max Account Size After Scaling[/fusion_pricing_row][fusion_pricing_row]Rapid Scaling[/fusion_pricing_row][fusion_pricing_row]Number Of Phases[/fusion_pricing_row][fusion_pricing_row]Price: $USD[/fusion_pricing_row][fusion_pricing_row]Refundable Fee[/fusion_pricing_row][fusion_pricing_row]Target Phase 1[/fusion_pricing_row][fusion_pricing_row]Target Phase 2[/fusion_pricing_row][fusion_pricing_row]Maximum Drawdown[/fusion_pricing_row][fusion_pricing_row]Daily Drawdown[/fusion_pricing_row][fusion_pricing_row]Profit Share[/fusion_pricing_row][fusion_pricing_row]Minimum Trading Days Phase 1[/fusion_pricing_row][fusion_pricing_row]Minimum Trading Days Phase 2[/fusion_pricing_row][fusion_pricing_row]Trading Period Phase 1[/fusion_pricing_row][fusion_pricing_row]Trading Period Phase 2[/fusion_pricing_row][fusion_pricing_row]Hold Over Weekends[/fusion_pricing_row][fusion_pricing_row]Use EA’s[/fusion_pricing_row][fusion_pricing_row]Allow Signals[/fusion_pricing_row][fusion_pricing_row]Allow News Trading[/fusion_pricing_row][fusion_pricing_row]Free Retry[/fusion_pricing_row][fusion_pricing_row]Trade FX[/fusion_pricing_row][fusion_pricing_row]Trade Digital Currencies[/fusion_pricing_row][fusion_pricing_row]Trade Commodities[/fusion_pricing_row][fusion_pricing_row]Trade Indices[/fusion_pricing_row][fusion_pricing_row]Trade Share/Stock CFDs[/fusion_pricing_row][fusion_pricing_row]Trading Competitions[/fusion_pricing_row][fusion_pricing_row]Giveaways[/fusion_pricing_row][fusion_pricing_row]Trader Education[/fusion_pricing_row][fusion_pricing_row]Affiliate Program Pays[/fusion_pricing_row][/fusion_pricing_column][fusion_pricing_column title=”Traders With Edge Turtle” standout=”no”][fusion_pricing_price currency=”$” currency_position=”left” price=”100K” time=”” ][/fusion_pricing_price][fusion_pricing_row]$3 Million[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]1[/fusion_pricing_row][fusion_pricing_row]$750.00[/fusion_pricing_row][fusion_pricing_row]❌[/fusion_pricing_row][fusion_pricing_row]10%[/fusion_pricing_row][fusion_pricing_row]NA[/fusion_pricing_row][fusion_pricing_row]5%[/fusion_pricing_row][fusion_pricing_row]2.50%[/fusion_pricing_row][fusion_pricing_row]80%[/fusion_pricing_row][fusion_pricing_row]10[/fusion_pricing_row][fusion_pricing_row]NA[/fusion_pricing_row][fusion_pricing_row]365[/fusion_pricing_row][fusion_pricing_row]NA[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]With Approval[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]❌[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Up To 20% Lifetime[/fusion_pricing_row][fusion_pricing_footer][fusion_button link=”https://traderswithedge.com/challenges/” title=”” target=”_self” link_attributes=”” alignment_medium=”” alignment_small=”” alignment=”” modal=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” color=”default” button_gradient_top_color=”” hue=”” saturation=”” lightness=”” alpha=”” button_gradient_bottom_color=”” button_gradient_top_color_hover=”” button_gradient_bottom_color_hover=”” gradient_start_position=”” gradient_end_position=”” gradient_type=”” radial_direction=”” linear_angle=”180″ accent_color=”” accent_hover_color=”” type=”” bevel_color=”” bevel_color_hover=”” border_top=”” border_right=”” border_bottom=”” border_left=”” border_radius_top_left=”” border_radius_top_right=”” border_radius_bottom_right=”” border_radius_bottom_left=”” border_color=”” border_hover_color=”” size=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” fusion_font_family_button_font=”Montserrat” fusion_font_variant_button_font=”400″ font_size=”” line_height=”” letter_spacing=”” text_transform=”” stretch=”default” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” icon=”” icon_position=”left” icon_divider=”no” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]Buy Now[/fusion_button][/fusion_pricing_footer][/fusion_pricing_column][fusion_pricing_column title=”Traders With Edge Hare” standout=”yes”][fusion_pricing_price currency=”$” currency_position=”left” price=”100K” time=”” ][/fusion_pricing_price][fusion_pricing_row]$3 Million[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]2[/fusion_pricing_row][fusion_pricing_row]$590.00[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]10%[/fusion_pricing_row][fusion_pricing_row]5%[/fusion_pricing_row][fusion_pricing_row]10%[/fusion_pricing_row][fusion_pricing_row]5%[/fusion_pricing_row][fusion_pricing_row]80%[/fusion_pricing_row][fusion_pricing_row]10[/fusion_pricing_row][fusion_pricing_row]10[/fusion_pricing_row][fusion_pricing_row]30[/fusion_pricing_row][fusion_pricing_row]60[/fusion_pricing_row][fusion_pricing_row]❌[/fusion_pricing_row][fusion_pricing_row]With Approval[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Up To 20% Lifetime[/fusion_pricing_row][fusion_pricing_footer][fusion_button link=”https://traderswithedge.com/challenges/” title=”” target=”_self” link_attributes=”” alignment_medium=”” alignment_small=”” alignment=”” modal=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” color=”default” button_gradient_top_color=”” hue=”” saturation=”” lightness=”” alpha=”” button_gradient_bottom_color=”” button_gradient_top_color_hover=”” button_gradient_bottom_color_hover=”” gradient_start_position=”” gradient_end_position=”” gradient_type=”” radial_direction=”” linear_angle=”180″ accent_color=”” accent_hover_color=”” type=”” bevel_color=”” bevel_color_hover=”” border_top=”” border_right=”” border_bottom=”” border_left=”” border_radius_top_left=”” border_radius_top_right=”” border_radius_bottom_right=”” border_radius_bottom_left=”” border_color=”” border_hover_color=”” size=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” fusion_font_family_button_font=”Montserrat” fusion_font_variant_button_font=”400″ font_size=”” line_height=”” letter_spacing=”” text_transform=”” stretch=”default” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” icon=”” icon_position=”left” icon_divider=”no” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]Buy Now[/fusion_button][/fusion_pricing_footer][/fusion_pricing_column][fusion_pricing_column title=”Auto Prop Trader Standard” standout=”no”][fusion_pricing_price currency=”$” currency_position=”left” price=”100K” time=”” ][/fusion_pricing_price][fusion_pricing_row]$2 Million[/fusion_pricing_row][fusion_pricing_row]❌[/fusion_pricing_row][fusion_pricing_row]2[/fusion_pricing_row][fusion_pricing_row]$499[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]8%[/fusion_pricing_row][fusion_pricing_row]4%[/fusion_pricing_row][fusion_pricing_row]12%[/fusion_pricing_row][fusion_pricing_row]7%[/fusion_pricing_row][fusion_pricing_row]80%[/fusion_pricing_row][fusion_pricing_row]10[/fusion_pricing_row][fusion_pricing_row]10[/fusion_pricing_row][fusion_pricing_row]60 Total [/fusion_pricing_row][fusion_pricing_row]60 Total[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]❌[/fusion_pricing_row][fusion_pricing_row]❌[/fusion_pricing_row][fusion_pricing_row]❌[/fusion_pricing_row][fusion_pricing_row]❓[/fusion_pricing_row][/fusion_pricing_column][fusion_pricing_column title=”Auto Prop Trader Aggressive” standout=”no”][fusion_pricing_price currency=”$” currency_position=”left” price=”100K” time=”” ][/fusion_pricing_price][fusion_pricing_row]$2 Million[/fusion_pricing_row][fusion_pricing_row]❌[/fusion_pricing_row][fusion_pricing_row]2[/fusion_pricing_row][fusion_pricing_row]$749[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]16%[/fusion_pricing_row][fusion_pricing_row]8%[/fusion_pricing_row][fusion_pricing_row]24%[/fusion_pricing_row][fusion_pricing_row]14%[/fusion_pricing_row][fusion_pricing_row]80%[/fusion_pricing_row][fusion_pricing_row]10[/fusion_pricing_row][fusion_pricing_row]10[/fusion_pricing_row][fusion_pricing_row]60 Total [/fusion_pricing_row][fusion_pricing_row]60 Total[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]Yes[/fusion_pricing_row][fusion_pricing_row]❌[/fusion_pricing_row][fusion_pricing_row]❌[/fusion_pricing_row][fusion_pricing_row]❌[/fusion_pricing_row][fusion_pricing_row]❓[/fusion_pricing_row][/fusion_pricing_column][/fusion_pricing_table][fusion_title title_type=”text” rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”off” highlight_width=”9″ highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”” content_align=”left” size=”1″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”” line_height=”” letter_spacing=”” text_transform=”” text_color=”” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”50px” margin_right=”” margin_bottom=”30px” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ highlight_color=”” style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]

Alternative to Auto Prop Trader

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Choose Your Account Type

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Select Trading Capital

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Turtle Trading Rules

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Select Trading Capital

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Hare Trading Rules

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