Forge of Traders sells simulated 1-Phase, 2-Phase and 3-Phase trading evaluations with simulated account sizes of up to $500K. It also sells an Instant Simulated Account of up to $100K, which skips the evaluation. The site says all accounts are simulated: no live trading takes place and no real orders are executed on live markets through the website. The site names Planetpulse Holdings LTD (Registration No. HE 469194), with an address in Nicosia, Cyprus, as the owner.
The standard reward share is 80%, or 90% with a paid add-on. The first reward can be requested after one full trading day, then every 14 days, with a $50 minimum. Expert advisers (EAs) are banned, and news trading is restricted within 3 minutes of high-impact events. Residents of the United States and a list of other countries are not accepted. The pages we saved did not show a full price list or confirm which trading platform is in use now, so this review is shorter than usual.
Everything in this review comes from Forge of Traders' own web pages, saved on 10 October 2026. Rules and prices change, so check the firm's site before you buy.
| Highest profit split | Up to 80% source Firm's wording: “Our standard Reward Share is 80% across eligible account types.” |
|---|---|
| Account types | 1-Step evaluation, 2-Step evaluation, 3-Step evaluation, Instant funding (no evaluation) source |
| Markets | Forex, Indices, Commodities, Metals source |
| Allowed / offered on at least one account type | Rules can differ between account types — check the linked page for the account you want. |
| Not allowed, or rules that apply (firm says so) | |
| US traders | Not accepted source |
| Restricted countries named | Afghanistan, Burundi, Central African Republic, Congo, Cuba, DR Congo, Guinea, Guinea-Bissau, Iran, Iraq, Liberia, Libya, Myanmar, Nicaragua, North Korea, Palestine, Papua New Guinea, Russia, Somalia, South Sudan, Sudan, Syria, United States, Vanuatu, Venezuela, Yemen, Zimbabwe source Countries the firm names. Its list may also refer to sanctions lists or other countries — check the linked page. |
Forge of Traders offers three evaluation programmes and one account without an evaluation. The compare page gives these profit targets:
| Programme | Profit target |
|---|---|
| 1-Phase | 10% |
| 2-Phase | 8%, then 5% |
| 3-Phase | 8%, then 5%, then 3% |
| Instant Simulated Account | No evaluation target |
Evaluations go up to $500K across the 1, 2 and 3-Phase programmes. The Instant Simulated Account goes up to $100K.
Prices. The compare and evaluation pages say entry fees start from $26. The homepage shows a struck-through $55 price and the words "For $10k account", together with a promotional price for a first account, and says the final price and add-ons are confirmed at checkout. While we saved the site, its pages advertised a limited-time offer on a first account, so we cannot tell whether $26 is a list price or an offer price. The pages we saved do not list a price for each account size and do not say whether fees are one-time or recurring. The terms say prices may change without notice.
Add-ons. A Reward Share add-on raises the reward share from 80% to 90% on eligible accounts; the homepage marks it "+20%". A Swing add-on, chosen at checkout, allows positions to be held over the weekend; the evaluation page marks it "+30%". The pages do not say what these percentages are calculated on.
Resets and refunds. The compare page says a failed challenge can be restarted for 90% of the original fee, and that accounts can be reset an unlimited number of times at 90% of the initial price. It also describes a "Fee Reclaim": 100% of the assessment fee is credited back with the first eligible performance reward. The terms and conditions say all payments are non-refundable.
Daily loss. The evaluation page gives a maximum daily limit of 5%, based on end-of-day balance against current equity. The compare page lists three risk settings without, in our copy, saying which programme each belongs to:
The FAQ says the daily limit is typically 5% and asks traders to verify their own challenge tier. It says the daily cycle resets at 21:00 UTC (server time).
Maximum drawdown. The evaluation page describes a 10% static maximum drawdown: the floor is fixed from the initial account balance and does not trail. The FAQ says the maximum drawdown is static during the evaluation stages. For funded accounts, the FAQ describes a "Balance Lock" that is triggered once the account reaches 10% profit, after which the floor stays at the initial balance; our copy does not show the full funded-account rule.
The homepage and compare page say both the daily and maximum drawdown are calculated on initial balance against current equity, while the evaluation page and compare page describe the daily limit as based on end-of-day balance. We have given both as the pages state them.
Trading days and time. Each evaluation phase needs at least 3 trading days, which do not have to be consecutive. There is no time limit. The compare page also says one option has "No consistency score or minimum trading days required"; the evaluation page gives the Instant Simulated Account a 0% consistency requirement. Our copy does not tie the no-minimum-days line to a named programme.
Consistency. The compare and evaluation pages set a 50% consistency score for the 1-Phase programme: no single trading day can account for more than 50% of total profits. The evaluation page says there is no consistency score for Phase 2, Phase 3 or the Instant Simulated Account. The homepage says "No consistency rule"; we used the more specific programme pages.
Other limits.
The firm's pages list these restrictions:
The terms and conditions also prohibit exploiting platform latency or technical issues; arbitrage, front-running or market manipulation; holding single-share equity CFDs during earnings events; trading solely to benefit from price gaps; and changing strategies inconsistently between assessment and funded accounts. They say violations may lead to account termination and forfeiture of fees.
The homepage and compare page also contain the line "Hold positions open across the weekend and trade during news windows." The evaluation page and FAQ give the news restriction and the Swing add-on condition in more detail, and we used those.
The standard reward share is 80% across eligible account types, and the Reward Share add-on raises it to 90%. The site describes rewards as based on simulated results.
Traders may request a first performance reward after one full trading day, subject to KYC, compliance verification and programme rules, with a $50 minimum. After that, withdrawals are available every 14 days. Reward eligibility remains subject to compliance and risk review. The homepage mentions withdrawals via crypto or bank.
The homepage says that in August, 97.87% of all rewards were processed in under 24 hours. It also says over $100,000 in rewards has been paid out to its traders. These are the firm's own figures.
Scaling. The evaluation page says the simulated account allocation may be increased under the applicable scaling rules. We did not see those rules.
The homepage says the platform suite is expanding and more platforms are planned, and it marks some platforms "COMING SOON". Our copy of the site does not let us confirm which platform is in use now. The site says platform access and market data may be provided by third-party technology providers.
The symbols page lists FX majors and minors, FX exotics, spot metals, commodities and indices. Listed symbols include XAUUSD, BRENT and NAS100.
The site says Forge of Traders is owned by Planetpulse Holdings LTD, Registration No. HE 469194, at 53 Kosta Varnali St., Nicosia, Cyprus. It says Forge of Traders does not operate as a broker, does not act as a custodian and does not provide regulated financial services.
The site says all accounts, evaluations and programmes are conducted exclusively in a simulated trading environment, and that fees are service fees for access to evaluation, educational and simulated trading services. The services are for people aged 18 or over.
Restricted countries. The firm does not serve residents of certain jurisdictions, "including but not limited to": United States, Zimbabwe, Iran, Iraq, North Korea, Somalia, Burundi, Central African Republic, Liberia, Libya, Sudan, Cuba, Syria, Afghanistan, Yemen, Palestine, Myanmar, Nicaragua, Congo Republic, Crimea, Democratic Republic of Congo, Guinea, Guinea-Bissau, Papua New Guinea, South Sudan, Vanuatu, Venezuela and Russia.
Forge of Traders may suit manual traders who want no time limit, a static maximum drawdown in the evaluation stages and an early first reward request. It does not suit traders who use EAs or copy signals, who trade high-impact news, or who live in the United States or another listed country. Traders who hold over the weekend need the paid Swing add-on. Check the current price list and platform on the firm's site before buying, as our copy did not show them.
MyPropGenius Rating:
The rating measures how openly Forge of Traders discloses its rules, pricing, payouts and ownership (our Transparency Index methodology). It does not measure how likely you are to pass or be paid.
Check the current rules and prices on the firm's own website before you buy.
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Forge of Traders offers simulated 1, 2 and 3-phase evaluations and an Instant account, with an 80% reward share (90% with an add-on), no time limit and a first reward request after one trading day. Its rules ban EAs and restrict news trading, and weekend holding needs a paid add-on. Its pages did not show a full price list or the platform in use, and some pages describe the drawdown and consistency rules differently, so check the details before buying.
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Find My MatchNo. The site says all accounts, evaluations and programmes are conducted in a simulated trading environment and that no live trading is performed.
The standard reward share is 80%. It can be raised to 90% with a paid Reward Share add-on.
After one full trading day, subject to KYC and compliance verification, with a $50 minimum. Later withdrawals are available every 14 days.
No. The evaluation page requires manual execution and says the use of EAs is strictly prohibited.
Only with the Swing add-on selected at checkout. Without it, positions must be closed before the market closes on Friday.
No. The United States is on its list of jurisdictions whose residents it does not serve.