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.
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.
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.
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.
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.
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.