Forex funded account programs

Topstepfx belongs to topsteptrader, and their company name, address and phone are visible on the website: topsteptrader, LLC 130 south jefferson suite 200 chicago, illinois 60661.

Top-3 forex bonuses

The Best Funded Trader Program of 2021, forex funded account programs.

Submit your application
Improve your skills using maverick's trading simulators, tests and strategy courses
Prove your skills by showing you can implement the trading plan, manage risk and produce profits
Receive a funded account where you keep 70-80% of your profits and get paid every month.

The best funded trader program of 2021

Funded trading accounts offer the best of both worlds. You can make money doing something you love, while at the same time not risking any of your capital. A funded trader program is especially appropriate for beginners. But what is the best funded trader program? Let's go through the list of all providers, their pros and cons.

Transparency: we may get compensated when you click on links in this article.

Best funded trader programs

Best for trading futures: topsteptrader

Best for trading forex: topstepfx

Best newcomer: earn2trade

What makes a good funded trader program?

Good funded trader programs help you to get started by offering education, webinars, and support. At the same time, excellent institutional-grade trading platforms and trustworthy funded trading account partners are important.

Are funded trader accounts worth it?

The main benefit of funded trader accounts is the limited risk factor. There is a small monthly fee for real-time data and the platform. In return, you gain access to a funded account once you proved that you have the right skills needed to be successful. Once you got funded, you keep up to 80% of the profit and request a payout to your checking account.

7 best funded trader programs

1. Topsteptrader

As an industry leader and one of the fastest-growing companies in the united states, topsteptrader has the brand-power and reputation that traders trust. To participate in its funded account program, you first need to complete the trading combine. Here, you enter a real-time simulated futures account with $30,000 to $150,000 of paper currency to test if you're ready for the real thing.

You can apply the software, make profits and control against large drawdowns

You show consistent profitability and manage risk in the process

Complete steps 1 and 2 in at least 15 days

Other requirements include:

You meet your accounts profit targets

You only trade permitted products during permitted times

You do not hit or exceed the daily loss limit

You do not hold positions into major economic releases

You follow topsteptraders scaling plan

So let's assume you have what it takes. Once you complete the trading combine, you enter the funded trader program. Here, the topsteptrader team allocates capital to your account and lets you trade in real-time with zero personal risks.

So what happens when you start trading?

You keep your first $5,000 in profits and 80% thereafter

You can expand your asset-base to include trading EUREX products

You can withdraw your profits at any time, and there is no wire fee for withdrawals over $500

Your trades have zero commissions and zero clearing fees using tstrader.

Topsteptrader discloses the official company name and address on their website: topsteptrader, LLC, 130 south jefferson suite 200, chicago, illinois 60661.

We recommend starting with the free trial topsteptrader provides.

Limited time offer

Topsteptrader 20% discount (automatic discount on all account sizes - ignore the popups on their site, my automatic discount is higher)

For a detailed look at the entire service, check out our complete topsteptrader review.

2. Topstepfx

Currency specialists rejoice, this one's for you. As the currency wing of topsteptrader above, topstepfx funded accounts have the same eligibility requirements. First, you need to complete the trading combine and demonstrate you can apply toptrader's software, implement a winning strategy and manage risk at the same time.

It's a necessary step to ensure that toptrader's capital is safe in your hands. Once you start trading, you keep your first $5,000 in profits and take home 80% of your winnings thereafter. You can also withdraw your profits at any time, and there is no wire fee for withdrawals over $500

Now, what separates topstepfx from topsteptrader?

Well, topstepfx funded account balances include buying power of up to $500,000.

And how is this done? In a word - leverage. Currency positions have leverage ratios as high as 100:1. Compared to topsteptrader, the excess leverage with topstepfx is extremely risky. However, as we mentioned, it's not your money.

With topstepfx financing the positions, you can always trade risk-free without worrying about reprisal. Keep in mind, you do need to prove your skills first. If you're a profitable currency trader that lacks the capital to make major moves, a topstepfx funded trader program may be just what you're looking for.

Topstepfx belongs to topsteptrader, and their company name, address and phone are visible on the website: topsteptrader, LLC 130 south jefferson suite 200 chicago, illinois 60661.

Limited time offer

Topstepfx 20% discount (automatic discount on all account sizes - ignore the popups on their site, my automatic discount is higher)

For a top-to-bottom rundown of all the service has to offer, see our topstepfx review.

3. Earn2trade

Earn2trade offers two different funded trading programs. The gauntlet program and the gauntlet mini program.

The regular gauntlet program is focused on trading the futures market, where you manage a $25,000 virtual account for 60 days. During this time, you have to trade at least 30 calendar days and once per week. Your target is to reach the 10% profit target and never hit the 10% maximum drawdown.

Successful candidates receive a guaranteed funding offer from their partner helios trading partners.

The new gauntlet mini is a program similar to topsteptrader and oneup trader. You pay a monthly fee, and you have to trade according to the rules. Trading lessons, webinars, and access to journalytix (TM) are included in the monthly price.

After completion, you receive an offer for a funded trading account. Both programs come with an 80%/20% profit split, where you keep the 80%.

The company behind is earn2trade LLC, with a registered office in 30 N gould st. STE 4000, sheridan, WY 82801.

Limited time offer

Earn2trade 50% discount on the 50k account, 20% discount on any other account sizes.

You find all details and a platform walk-through in the comprehensive earn2trade review.

Let's get it straight, the list of the best funded trader programs already ends after the top 3. Topsteptrader, topstepfx and earn2trade programs begin at about $100 per month. All of the following funded trading account providers offer educational packages along with a potential option to let you trade a funded account at some given time.

Those vendors ask you to pay prices from $2,000 all the way up over $15,000, and some of them do not reveal their company address.

If you are looking for a funded trader account with an excellent price-performance ratio, you may focus on the top 3:

Topsteptrader (futures trading) topsteptrader free trial or 20% off (automatic discount at the checkout - ignore the popups on their site, my automatic discount is higher)

Topstepfx (forex trading) topstepfx 20% discount (automatic discount at the checkout - ignore the popups on their site, my automatic discount is higher)

Earn2trade (futures trading) earn2trade 20%-40% discount (discout applied automatically).

4. Oneup trader

Whether if you just starting out or a seasoned professional, onup trader offers a platform where you can showcase your skills and make some money along the way.

There are two steps to get started:

Get evaluated

Get funded

The evaluation process begins with oneup's trading evaluation program. The team puts you through a real-time day trading simulator where you can trade, track, measure and showcase your abilities.

Once you pass the evaluation, you get introduced to oneup's funding partners. Once you start trading, the first $8,000 in profits are yours to keep, and after that, you take home 80% of all winnings.

What are some other benefits?

Choose funding options from $25,000 up to $250,000

Simplified funding goals with no hidden fees or fine print

Trade from home, your favorite coffee shop or wherever you want

Advanced analytics and data that help you become more successful

Discuss, collaborate and share ideas with one-up trader's community members

Full transparency and disclosure regarding all services and requirements

Unfortunately, oneup trader does not disclose any information about the company and their address and contact data on the website. Also, there is no information available on what company will fund your account and how many traders got funded so far.

The oneup trader review covers every detail about the funded accounts, but again, the missing information about the company details and ways to contact them should let you become more cautious.

5. Maverick trading

As one of the top prop trading firms out there, maverick trading offers the opportunity to learn from its experts and - if you have what it takes - join the firm as a full-time trader.

Specializing in equities, options and forex, the team offers support, technology and training that help you every step of the way.

So how do you get funded?

Submit your application

Improve your skills using maverick's trading simulators, tests and strategy courses

Prove your skills by showing you can implement the trading plan, manage risk and produce profits

Receive a funded account where you keep 70-80% of your profits and get paid every month.

Through its dedicated team, maverick trading promotes diversity, respect and transparency.

Before officially joining the firm, the team will outline all expectations as well as discuss the inherent risks of day trading.

Compared to the top three above, the pricing is significantly higher since they include more extensive education in their program costs. You need about $6,000 to get started and you need to put $5,000 of your own funds at risk once you get funded.

For more information on what all that means, see the maverick trading review.

6. Try day trading

Trydaytrading can cost you more than $15,000! When you first begin the try day trading funded trader program, the team starts by outlining the two most important ways to reduce risk:

They assign a professional trading coach that teaches you how to trade

They provide access to try day trading's proprietary leading indicator software

They also offer a 30-day trial. Anyway, the 30-day trial costs you more than $400. A bit hefty for a trial period! And more than $15,000 for their main service seems to be too expensive. Remember, for that money, you could use topsteptrader's trading combine about 150 times!

There is no company name mentioned on their website, only the address in utah. The google reviews seem to be good at first, but clicking on the details you notice that a curious pattern.

The detailed try day trading review covers all of the bells and whistles.

7. Tradenet

Tradenet is not available to residents in the united states. With four pricing options, you can decide which tradenet funded trader program is right for you. Led by meir barak, the site states that it has educated over 30,000 students worldwide on how to become better traders.

All of the funded account programs come with a 14-day money-back guarantee. That way, you can test out the service risk-free before deciding if you want to continue on. The costs are relatively high compared to the competitors mentioned in this best funded trader program comparison.

Please, also keep in mind that tradenet does not offer those funded accounts themself. Instead, they connect you with investment firms once you purchased one of their educational packages.

I found various addresses; one is limassol cyprus, one in israel and the united kingdom.

If you're interested in learning more about tradenet's funded trader programs as well as its education courses and live trading chat room, check out our tradenet review.

Funded trader program summary

There's no doubt funded trader programs have plenty of benefits. Many providers offer exceptional service and can be a great addition to your trading toolkit. Whether it's access to advanced software or the idea of using someone else's money to trade - funded accounts offer a risk-free way to compete against the best.

More importantly, the knowledge you obtain is invaluable. Considering their own money is at stake, providers will do everything in their power to ensure you succeed. They don't want you draining their bankroll, right?

So what this means for you is:

Greater guidance,

Mentorship and

Coaching compared to other services.

As well, when competing in the arena, you're surrounded by other advanced traders. This will help you increase your skill-set and have you climbing up the ladder in no time.

When deciding between the options above, you really can't go wrong with most of them.

Topsteptrader is the market leader and receives our highest rating, followed by topstepfx, and earn2trade.

I am a bit undecided about maverick trading, tradenet, oneup trader and try day trading. The reason is that for some you have to pay between 2,000 and $16,000 to join their programs, some do not disclose any contact and company details.

Their prices are higher because they included extensive trading education courses in their funded trader programs. So it depends on you what you want to trade and what your focus is. If you are looking purely for a funded trader account, then topsteptrader and earn2trade are the best choices.

If you are looking for excellent education, then I recommend you to read my comprehensive best trading courses blog post. And if you really consider joining the expensive funded trader programs, then make sure to read the detailed reviews first.

Stop trading small accounts

The world’s best subscriptions based FX trading solution. Fundisus provides all participants with funded accounts to access the spot market.

Who are we?

Fundisus is a revolutionary proprietary trading solution. Fundisus has years of industry knowledge and makes use of cutting-edge proprietary trading techology; thus, we are on active trading firm which understands the needs of traders in the market.

We offer $50,000 to start trading forex market with

Traders are compensated on a profit split basis only.

Our funded accounts are EA compatible

Fundisus

Let us tell you more

Your personal liability is limited to your subscription payment.

As all funding is provided by the firm, traders do not risk any of their own trading capital. Even if losses are incurred, the firm will still bear the costs. There are no other trading accounts available that offer this trading opportunity. Use a real account instead of a practice trading account. Preserve your own capital when speculating in FX trading.

Why choose fundisus?

Anyone can trade forex with a capital now.

4 easy steps

Data collection

Total damage has been caused by the civilians arounf the new apple store at wall street.

Guaranteed ROI

Total damage has been caused by the civilians arounf the new apple store at wall street.

Always online

Total damage has been caused by the civilians arounf the new apple store at wall street.

All professional traders start with a $50K trading book, regardless of their background, experience or track record. We give all our traders an equal opportunity to prove themselves as a profitable trader, or have artificial intelligence trading software manage their account hands-free. Profit withdrawals of 5% blocks are independent from the growth targets of 10%.

If you can make a 10% return on your $50K trading book – growing your account to $55k – we will double your initial funding to $100k, or $105k net. The 10% amount of $5k must be maintained in the account and may not be withdrawn. This is independent of any 5% profit withdrawals. Traders have to separately maintain the 10% for the growth target.

If you can make another 10% return on your $100K trading book – growing your account to $115k net – then we will double your account value once again, up to $200k, or $215k net. Again, the $15k amount must be kept in the account.

For the final stage, you must make 10% once again on your $200K trading book, giving you a net of $235k. If you can succeed here we will allocate $1million to you and you will have the opportunity to interview for a fund manager position.

Profit forex signals funding program

10000 monthly pips, 90% accuracy, myfxbook verified. Outstanding performance, up to 300% profit per month.

Become FOREX FUNDED trader.

No subscription fee. One time refundable payment.

PROFIT SHARE 70/30.

Join our forex funding program and start making money.

We provide proper assistance to our members regarding to essential matters such as the timing of placing any entry (buy/sell), when to rake in higher revenue and when a loss is expected. This is to ensure that our clients enjoy the best forex signal services with least risks.

Start with $200 000 REAL ACCOUNT

No subscription fee. One time refundable payment. Payment for application will be refund to you, with your first payout.

Profit forex signals has a world-renowned reputation for funding and backing profitable traders, we have always considered ourselves to be at the cutting edge of our industry. We trade on all major asset classes on multiple exchanges with our own capital. By becoming a member of the team, you become part of our success.

You believe that you are excellent trader but you lack of funds or simple do not want to risk own funds. No worries at all, we are looking for highly talented traders and we will give you $100 000,00 REAL funded account. We cover loses and we share profit with you. Trading with us means never risk any of your money. You will not be liable to any loses either. We take a full risk from day one. We double the size of trading account every time when you reach 10% profit.

So you can keep 70% profit while we will take 30% profit share. We cover loses!

TRADE WITHOUT RISK!

MONTHLY PROFIT PAYOUT!

Never wait to reach your XY% profit to get paid. Instead, you will get paid for any profit % you make in any given month without affecting your account growth.

How it works ?

Very simple, there is just two phases what you need to pass and that is all. Phase one вђ“ SHOW US YOUR SKILL and phase two SHOW YOUR MIGHT!

PHASE ONE вђ“ SHOW YOUR SKILL!

Show us your skill. Prove that you can profit. Demonstrate us that you have winning strategy. Show us that you can manage risk. Earn forex funded trading account! You will get from us account (from one of our partner broker) in which you will trade. Show us that you are able to trade and if you become our funded trader we will double your account from next month. There is only few simple rules what you need to follow and that is all.

We give you one month to become our funded trader.

Phase one is 30 days. We believe that it is enough to prove your self and become trader for one of most famous forex provider.

Rules what you need to follow:

PHASE TWO вђ“ SHOW YOUR MIGHT!

If you enter in phase two means that you passed our verification process. So congratulation you are our funded trader. All trading rules keep same from phase one, so BRING PROFIT TO US AND YOU! Monthly profit payout. We will refund you your application fee during your first payout. Each month till 5th in month you will receive your profit. If you decide to compound profit, no problem, we will surely take out our profit share.

Application fee is в‚¬200, will be refunded during first payout!

Rules what you need to follow in second phase:

By submiting payment you agree with all our terms of service, you can read full terms HERE.

Stop trading small accounts

The world’s best subscriptions based FX trading solution. Fundisus provides all participants with funded accounts to access the spot market.

Who are we?

We offer $50,000 to start trading forex market with

Traders are compensated on a profit split basis only.

Our funded accounts are EA compatible

Fundisus

Let us tell you more

Your personal liability is limited to your subscription payment.

Why choose fundisus?

Anyone can trade forex with a capital now.

4 easy steps

Data collection

Total damage has been caused by the civilians arounf the new apple store at wall street.

Guaranteed ROI

Total damage has been caused by the civilians arounf the new apple store at wall street.

Always online

Total damage has been caused by the civilians arounf the new apple store at wall street.

Don’t just trade, become a trader

Providing discipline and funding for long-term success

Reframe your approach to trading

Earn funding for your futures or forex trading strategies and replace poor habits with new ones that actually work. Our traders have withdrawn over $2 million in 2020 because when you focus on the process, the results take care of themselves.

Learn, grow, get funded

No matter your trading skills or status—we support your development without putting your own capital at risk. Our program is designed to help you manage risk, hone strategies, and become consistently profitable.

Why topstep?

The trading combine is built with you in mind. It rewards sound risk management and helps build productive habits that last a lifetime. Watch to see how it all works.

Funded trader withdrawals processed in 2020

Get 20% off your first trading combine and news to start your week.

Don’t just take our word for it

Hear what our traders have to say

Topstep is an excellent platform that makes it possible for traders at all levels of experience to learn the markets, their products, trading system and mindset that enables him or her to create a profitable strategy that is conducive to their own unique individual proclivities.

I love the discipline that you learn with topstep. I wish I had this when I started trading many years ago. I have been pretty successful but I have had a few huge losses in my accounts. I have had a chance to interact with customer service also. They exceeded my expectations.

Topstep is where it happened. I became profitable. Topstep’s straightforward offer and rules gave me the initial structure to start building my own, and helped me successfully zero in on self-control, cultivating it, growing, maturing as a trader and a person.

Who vouches for us?

Recognize these companies? They recognized us, and our outstanding achievements for traders, partners, and employees.

Learn what you need, when you need it.

Grow your knowledge, learn vital trading skills, and create winning habits to become a consistently profitable trader.

Ready to earn a funded account and become the trader you’ve always wanted to be?

Topstep, LLC
130 south jefferson suite 200
chicago, illinois 60661

All content published and distributed by topstep LLC and its affiliates (collectively, the “company”) is to be treated as general information only. None of the information provided by the company or contained herein is intended as (a) investment advice, (b) an offer or solicitation of an offer to buy or sell, or (c) a recommendation, endorsement, or sponsorship of any security, company, or fund. Testimonials appearing on the company’s websites may not be representative of other clients or customers and is not a guarantee of future performance or success. Use of the information contained on the company’s websites is at your own risk and the company and its partners, representatives, agents, employees, and contractors assume no responsibility or liability for any use or misuse of such information.

Futures and forex trading contain substantial risk and is not for every investor. An investor could potentially lose all or more than the investor’s initial investment. Only risk capital—money that can be lost without jeopardizing one’s financial security or lifestyle—should be used for trading and only those individuals with sufficient risk capital should consider trading. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or forex. Past performance is not necessarily indicative of future results.

CFTC rule 4.41 – hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.

Topstep, LLC
130 south jefferson suite 200
chicago, illinois 60661

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INSTANT FUNDING FOR FOREX TRADERS

Take our capital,

Accelerate your funded account up to $1.28 million dollars

What is your trading personality?

LOW RISK

Apply risk measures in your trading to receive a low target for more funding.

AGGRESSIVE

Take the freedom to trade your style with no restrictions.
Trade with high leverage and no mandatory stop orders.

ARE YOU NEW TO THE FUNDING TRADERS' PROGRAM?

Choose your funded account model

Profit target is determined by the profit goal for the current stage, from which the5ers will increase your trading capital responsibility.

Profit is the sum of all realized and unrealized positions including commission and swap charges. Once the target is hit, the trader is requested to close all running trades, and report the achievement to the fund.

It is only for the first stage of the program, the profit target is lower, 6% for the low-risk plans, and 12% for the aggressive programs. With all the rest of the stages, the profit target is 10% for the low risk, and 25% for the aggressive programs.

The equity stopout level is the lowest value of the account allowed. Once the account equity value is below this level, the fund will close all running trades, and disable trading and access.

The stopout level is a fixed value of loss allowance measured from the starting balance account of each level. As much the trader profit in the account, so his/hers loss allowance increases. Example: the starting balance is $10,000, the account is with $200 profit, the equity stopout level is $9,600; this gives the trader $600 loss allowance, if the profit increases to $500, the loss allowance is now $900.

The leverage applied for the trading account. The trader is allowed to utilize the full leverage applied for the account with no further enforcement.

Aggressive programs are set to 1:30 leverage, powers by 30 times the market buying allowance. Low risk programs are set at 1:6 leverage, powers by 6 times the market buying required.

Setting a stoploss for every trade is required when participating in the low risk programs. Only in the low risk plans, each and every position must consist of a proper stoploss at value not greater of 1.5%. The fund risk monitor, allows up to 2 whole minutes for placing a proper stoploss.

Failing to maintain stoploss discipline will result by switching the program to aggressive mode.

The maximum time required to complete the profit target for the first level of the program. To be clear, the maximum expiry time is applied ONLY for the very FIRST stage of the program. In all other progressed levels, there will be NO expiration time limit for active traders.

The maximum number of calendar days is set for 180 for the low risk plans, and 60 calendar days for the aggressive plans.

Once hitting the profit target alone with the rest of the qualification objectives, the5ers will increase your capital responsibility, with all the objectives increased proportionally.

At the first stage accomplishment, you will be receiving 4 times greater from initial capital of your first account. For every other steps (but the first one) the growth upscaling is twice of the last initial capital.

The deal with the5ers is that you bring the trading and we bring all the trading capital, we take the full risk for trading loss - but the profits will be shared with you. We will pay you a commission of 50% of the trading profits.

Payout is issued every month starting the second level of the program. Only at the first stage payout is paid once the stage is fully completed.

Good to know, receiving payouts is never being deducted from your forward progression toward the next milestone. With the5ers you get both the growth and the payouts. No need to decide.

A thought about percentage. Some may say a better percentage offer could be found elsewhere. We say, don’t judge by the percentage - judge by the potential money you actually receive. With our fast growth plan, you are increasing your actual money profit potential much faster than anywhere else.

The5ers guarantees maximum trading capital in funding, which is currently a 1.28 million dollars real funded account.

1.28 million is a big account to manage, however, this is not our final offer for you. Once you accomplish your goal on the 1.28 M account, we will discuss with you further growth and targets.

By signing up for the5ers programs you receive an instant funded account right away, with trading access to the fund’s pool account. We give a fair opportunity for every trader to present his/her trading skills on a real-capital-funded account. We take full responsibility to handle potential trading losses, which should be secured by a one-time participation fee.

Your participation fee is not trading securities. We are not a broker, not representing any financial institutes. Your once-off fee is paying you into the most rewarding funding program experience in the industry.

The fee is not refundable once you had made your first action in the funded account. Remember, you are being assigned to a real funded account from the very beginning. Any profits you will be making will be shared with you eventually.

Of course, we provide much more than just funded accounts. Trading with the5ers is a whole trading experience, including funding, accelerated growth with extreme income potential, full dedicated team of professionals ready to cater to your professional and administrative requirements, we provide education, and trading events, a live trading room, and extensive performance statistics dashboard.

Double capital at profit milestone up to 1.28 million guaranteed!

The5ers offer the most extreme and accelerated growth rate. At every milestone you are acquiring, the5ers will double your initial capital handling, also doubling the trading objectives, in terms of maximum loss allowance (aka equity stop out level), leverage, and stoploss (for applicable programs).

Milestones for the low-risk programs are set to 10% net profit, for the aggressive plans, a 25% target is set.

Forex funded account programs

FTMO developed a unique 2-step evaluation course for traders. This evaluation process consists of the FTMO challenge and the verification and is specifically tailored to discover trading talents.

Upon successful completion of the trading course, you are guaranteed a placement in the FTMO proprietary trading firm where you can remotely manage funded account of up to 100,000 USD. Your journey to get there might be challenging, but our educational applications, account analysis and performance psychologist are here to guide you on the endeavour to financial independence.

Evaluation process

FTMO challenge

Verification

FTMO trader

Know your trading objectives

Before we allow you to trade for our proprietary trading firm, we need to be sure that you can manage risk. For this reason, we developed trading objectives. By meeting the trading objectives, you prove that you are a disciplined and experienced trader. Your trading style is entirely up to you; we don’t set any limits on instruments or position size you trade.

Step 1 FTMO challenge	step 2 verification	step 3 FTMO trader
trading period	30 days	60 days	indefinite
the FTMO challenge duration is 30 calendar days; the verification duration is 60 calendar days.

If you manage to pass the trading objectives sooner, you do not need to wait for the remaining duration days.

A trading day is defined as a day when at least one trade is executed.
If a trade is held over multiple days, only the day when the trade was executed is considered to be the trading day.

Current daily loss = results of closed positions of this day + result of open positions.

For example, in a case of the FTMO challenge with the initial account balance of €40000, the max daily loss limit is €2000. If you happen to lose €1000 in your closed trades, your account must not decline more than €1000 this day. It must also not go -€1000 in your open floating losses. The limit is inclusive of commissions and swaps.

Vice versa, if you profit €2000 in one day, then you can afford to lose €4000, but not more than that. Once again, be reminded that your maximum daily loss counts your open trades as well. For example, if in one day, you have closed trades with a loss of €1000 and then you open a new trade that goes into a floating loss of some -€1200 but ends up positive in the end, unfortunately, it is already too late. In one moment, your daily loss was -€2200 on the equity, which is more than the permitted loss of €2000.

Be careful as the maximum daily loss resets at midnight CE(S)T! Let’s say that one day you had a profit of €600. On the same day, you have an open position with a currently floating loss of €2500. On this day, the maximum daily loss is not violated. The current daily loss is €1900. ( €600 closed profit – €2500 open position). However, if you hold this position with the open loss of €2500 after midnight, the daily loss limit will be violated. This is because your previous day profit doesn’t count to a new day and the open loss of €2500 exceeds the max daily permitted loss of €2000.

The size of the maximum daily loss gives trader enough space for trading and it guarantees a clearly defined daily risk to the investor. Both the trader and investor benefit from this rule as the account value will not drop below the limit. That’s also why maximum daily loss limit includes your possible floating losses.

You can get more insight into why this rule is in place in this article.

10% of the initial account balance gives trader enough space to prove that his/her account is suitable for the investment. It is a buffer that should keep the trader in the game even if there were some initial losses. The investor has an assurance that the trader’s account cannot decline below 90% (80% in case of aggressive version) of its value under any circumstance.

For example: if you trade challenge with $100,000 account balance, your profit target is $10,000 in the FTMO challenge and then $5,000 in the verification.

Note that we will provide you with a new free challenge every time you meet all the trading objectives (regardless of whether that is challenge or verification) except for the profit target. To receive the new FTMO challenge for free, your account profit must be positive at the end of the duration with all positions being closed.

Forex traders funding – do you have the right funded account ?

FREE trading course - download this free course right now.

Inside this course you will learn the 8 step method we use to establish order entry from any time frame.

How do you know ? Compare! And if you are in the wrong one… switch!

We don’t limit you to day trading…..You can hold swing and long term trades with us, as long as you want.

We don’t limit your account size. That’s the key to your potential and future earnings. No account size limits with us and consequently no ceiling on your earnings.

No monthly recurring fees with us. Many charge near $100/month for your funded account….Over 10 years, that’s $12,000 for an account with limits. Our fee is 1/7th of that with no limits.

Many force you into time consuming and expensive training or have you put up matching funds. Not us. Your account is funded day 1.

We give you institutional spreads and margins. A real bonus.

Plus you get 24/7 support and access to our virtual trading room where you can interact with top fx pros while they trade.

Visit us at www.Globalfxtradinggroup.Com click on trader funding.

If you can trade fx, we’ll fund you…no limits. We share profits with you and you are not responsible for losses. Talk to us….We’re the global leader in services to the fx industry including funding, education, world class automation tools, virtual trading rooms, and personal coaching…..Offices in chicago and london.

To learn more about our funding programs: https://lnkd.In/ghn7qzs jeff wecker former member CBOT CEO fx global trading group offices in chicago and london….Www.Globalfxtradinggroup.Com

Our goal has been to take the success we’ve had, and through the transfer of knowledge, help other traders survive and prosper in the years ahead.

PS…reminder: fx pros say you need at least $100,000 in your account to consistently make $10,000/month and reduce the risk of blowing out.

Jeff wecker CEO global fx former member CBOT

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Professional trader, forex and CFD, currency trading. Ace level 5 declared april 2013. Trading consultants inc. A USA corporation domiciled in wyoming since april 2012.

Funded accounts

Trade with our capital

$50,000

Having a bigger account makes it easier to earn a living. Get funded with a 5-figure account to generate your own full time income.

You’ll earn 80% of all the profits generated, while we absorb all of the losses. And you can withdraw your share every month.

Get started now

Minimum conditions required

Fast track to success

The complete currency trader funded account program, is a short cut to trading with enough capital to generate a full-time income. Prove you can make profit whilst safely managing risk, and we’ll fund an account with up to $50,000, and let you keep the lion’s share of the returns. Whether it’s scalping, position trading, trend following, or counter-trend trading; you have full control, and the style and frequency of your system are up to you.

MONEY

Money, makes more money, and the bigger your forex account, the easier it is to earn a living. Take advantage of our capital to become a full time professional trader.

FREEDOM

Trade any system on any time frame, from anywhere in the world, without targets or quota's. You have the freedom to choose where, when, and how you trade*.

SUCCESS

With a funded account, you have the capital behind you to finally earn a substantial living as a forex trader. Extra income; pay the bills; even quit your current day job.

96.4% rate complete currency trader as good or excellent.

WE STRIVE TO ENSURE YOU HAVE 100% SATISFACTION WITH OUR SERVICE.

*DETAILS

A minimum of 6 (most recent) months proven track record, plus 50 trades, demonstrating profitability and sound risk management is required before being accepted for a funded account. This can be achieved before or after applying for the program and can be in a demo account.

Your track record must demonstrate a positive expectancy in your system or strategy. There are no targets or minimum thresholds related to win rate or trade frequency, provided that on average, the expectancy is positive.

Your absolute returns must exceed your absolute draw-down by a factor of 1.5 to 1. If your track record shows a maximum draw-down of 10% of the account balance, your absolute gain must be 15% or more.

Your track record must demonstrate a low risk of ruin. Account safety is our paramount concern and we expect to see a degree of risk mitigation measures intended to safeguard the balance under normal conditions.

You must be a subscriber to one of our analysis tool bundles, and have completed our FREE inception and cybernetics courses. We want to know you have had a sensible education and use professional tools in your analysis.

So, let's see, what we have: looking for the best funded trader program? Well, look no further. We gathered the 7 best options out there and breakdown which ones deserve your attention. At forex funded account programs