Find out the major disadvantages of EverBlue Trader Proprietary Trading Firms and alternatives with lower fees and more security. Unbiased EverBlue Trader Alternatives reviews.
So which Proprietary Trading Firms are better than EverBlue Trader? Want to jump straight to the answer? FunderPro is the best alternative prop firm to EverBlue Trader for May 2025 .

Rating breakdown

Challenge Assessment
40%
2.0/5
Support
80%
4.0/5
Trading Fees
40%
2.0/5
Payout Scheme
80%
4.0/5

Things we didn't like:

 No MetaTrader support
 Evaluation fees not refunded

Why would you want an alternative to EVERBLUE TRADER?

Although EverBlue Trader offers a clean and rule-based funding model, some of its limitations may lead traders to explore other firms. First, the exclusive use of TradeLocker can be a dealbreaker for those heavily invested in MetaTrader’s ecosystem, especially traders who rely on MT4/MT5 indicators, templates, or expert advisors that aren’t easily transferable. In addition, while EAs are allowed in principle, the firm maintains strict oversight and reserves the right to disqualify traders whose performance patterns appear inconsistent with manual or organic execution — a gray area that can cause concern for algorithmic traders. The firm's absence of retry options, refund policies for failed evaluations, or trial challenges makes it a higher-stakes decision for new users. Finally, while payouts are fast, EverBlue hasn’t yet developed a transparent scaling plan or shared consistent data around top-performing traders — which may leave long-term prospects unclear for those looking to build significant capital over time.

What other users do not like about EverBlue Trader

EverBlue Trader TrustPilot Customer Reviews, Feedback and Complaints

On Trustpilot, EverBlue Trader has currently 1 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 3.20/5.00.

Main Complains according to the Users' Reviews
  • Accused of HFT without evidence
  • Account terminated despite profitability
  • No interest in trader development
  • Associated with MadCharts brand
  • Poor trust and transparency

What to look for in a EVERBLUE TRADER Alternative?

When considering alternatives to EverBlue Trader, begin by identifying firms that offer broader platform support — particularly if your workflow is built around MetaTrader 4 or 5. The ability to use custom indicators, EAs, and templates with full compatibility can make or break your trading performance. Look for firms that not only allow automation, but are transparent about what forms of algorithmic trading are permitted and how they are monitored. A flexible challenge structure is also key — whether that means retakes, time extensions, or refunds for passed challenges. Firms that offer bonus structures, tiered scaling, or milestone-based capital increases can provide more upside than flat-size funding. Finally, evaluate how open a firm is with its results: public payout data, trader testimonials, and an active support system all signal that a prop firm isn’t just promising capital, but backing it up with consistency and community.

Best EVERBLUE TRADER alternatives – Proprietary Trading Firms like (or better than) EVERBLUE TRADER

Best EverBlue Trader Alternatives

Rating breakdown

Challenge Assessment
90%
4.5/5
Support
100%
5.0/5
Trading Fees
100%
5.0/5
Payout Scheme
90%
4.5/5

Things we liked:

 Exclusive Discount Code (20% Off Exclusive Offer)
 Unlimited time for completion
 Real Funding and Daily Payouts

Things we didn't like:

 High challenge difficulty

#1
FunderPro Overview

Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.

Rating breakdown

Challenge Assessment
92%
4.6/5
Support
100%
5.0/5
Trading Fees
86%
4.3/5
Payout Scheme
86%
4.3/5

Things we liked:

 Unlimited evaluation free retries (Exclusive Refund Code 120%)
  No restrictions on trading style
  Overnight and weekend holding allowed
  A large variety of trading instruments

Things we didn't like:

 Consistency rule for express accounts
  No free trials available
  Minimum 5 trading days

#2
FundedNext Overview

In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.

Rating breakdown

Challenge Assessment
80%
4.0/5
Support
90%
4.5/5
Trading Fees
80%
4.0/5
Payout Scheme
80%
4.0/5

Things we liked:

 Exclusive Discount Code (10% Off Exclusive Offer)
 No Trading Restrictions
 MetaTrader4, MetaTrader5

Things we didn't like:

 Minimum Trading Days
 Trailing Drawdown

#3
FXIFY Overview

FXIFY is a London-based proprietary trading firm that provides traders with access to up to $400,000 in capital, which can be scaled up to $4 million. Co-founded in 2023 by David Bhidey and Peter Brown, FXIFY offers flexible assessment programs, including One-Phase and Two-Phase options.

EverBlue Trader Alternatives Frequently Asked Questions (FAQs):

Are there any sites like EverBlue Trader?
Yes, there are many sites offering similar services to EverBlue Trader. These include FunderPro, Elites Funding, PIP Traders Funding and many more. If you are looking for an alternative to EverBlue Trader,  FunderPro is currently rank as the number one on the list of top Forex Prop Firms.
Who are EverBlue Trader Top Competitors?
EverBlue Trader 's top competitors in May 2025 are: FunderPro, FundedNext, FXIFY and more. FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

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