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الأحد، 31 ديسمبر 2023

Achieve financial freedom with this wonderful financing company thefundedtraderprogram

 


The Funded Trader Program



?What is The Funded Trader

The Funded Trader is an online demo trading evaluation firm. We give clients the ability to complete our assessment and prove their trading skills in an environment that poses no risks to them for just the price of the upfront fee paid for the evaluation. After passing the evaluation, eligible traders are allowed to receive a simulated profit split on the simulated profits generated in their Simulated Funded Account subject to compliance with our Terms of Use and the Customer Agreement.

At The Funded Trader, we believe every retail trader deserves the opportunity to raise simulated capital based on their performance and commitment to building their own business.

The Forex League and VVS Academy founders set out to create The Funded Trader after trading and reviewing other platforms and finding that they could provide a solution that is exactly what the community needed - a community for traders, by traders.

You can find us on Youtube and Instagram sharing our daily trading education and exemplifying our passion for this industry. Please join our community on Discord to stay up to date with the latest improvements and to help us celebrate the community that we have built together.

Proprietary trading firms have become increasingly popular among traders who want to trade with more significant capital without risking their own money. The Funded Trader is one such firm that has gained a lot of attention in recent years. This article will provide a thorough review of The Funded Trader and its services


The Funded Trader is a prop trading firm that allows traders to trade with a funded account. The firm offers traders the ability to unlock an account up to $600k, which means profits can be much larger than if trading with a small account. The Funded Trader has received an impressive 4.5-star rating from customers, with 83% of users giving it a full 5-star review. This review will delve into the pros and cons of The Funded Trader, and provide insights into its performance and credibility

UNDERSTANDING THE FUNDED TRADER PROGRAM

Program Overview

The Funded Trader program is a proprietary trading firm designed to provide traders with an opportunity to hone their skills and potentially earn substantial profits. The program offers multiple options, including Forex, crypto, commodities, and indices trading. The Funded Trader program is open to traders of all levels, and it provides traders with a funded account, allowing them to trade with real capital


The program is run by the VVS Academy, which is a community of traders who share their knowledge and experience. The Academy provides traders with educational resources, including webinars, video tutorials, and trading tools. The community is active and supportive, and traders can interact with each other to share trading ideas and strategies


The Funded Trader program offers different challenges that traders can participate in. The challenges are designed to test traders’ skills and provide them with an opportunity to earn a funded account. The challenges include the Standard Challenge, Rapid Challenge, Royal Challenge, and Knight Challenge. Each challenge has different rules, profit targets, and time frames


Account Types

The Funded Trader program offers two types of accounts: the Regular Account and the Swing Account. The Regular Account is designed for traders who prefer to trade on a shorter time frame, while the Swing Account is designed for traders who prefer to hold positions for a longer time frame


Traders can unlock an account all the way up to $600k, which means profits can be much larger than if trading with a small account. The Funded Trader program offers four account sizes: $10k, $25k, $50k, and $100k. Each account size has different rules, profit targets, and risk management requirements


Traders can choose from different account types, including the Funded Trader Account, which provides traders with a funded account, and the Wise Account, which provides traders with a demo account. The Funded Trader Account is designed for traders who are ready to trade with real capital, while the Wise Account is designed for traders who want to practice their trading skills before trading with real capital


Overall, the Funded Trader program is a flexible and comprehensive trading program that provides traders with an opportunity to trade with real capital and potentially earn substantial profits. The program is designed to cater to the needs of traders of all levels and offers a supportive community, educational resources, and trading tools to help traders succeed

FINANCIAL ASPECTS

Profit and Loss

The Funded Trader program offers traders the opportunity to earn a profit split of 80%-90%, depending on the account type. The profit target varies depending on the account balance, but it ranges from $5,000 to $50,000. Traders are required to meet the profit target within a specified time frame, which varies depending on the account type

The program also has a maximum daily loss limit, which ranges from $1,000 to $2,500, depending on the account type. Traders are required to adhere to the daily loss limit, and if they exceed it, they will be disqualified from the program

Fees and Payout

The Funded Trader program charges an initial fee, which is refundable if the trader successfully passes the evaluation process. The initial fee ranges from $189 to $399, depending on the account type

Traders are also responsible for paying a monthly subscription fee, which ranges from $145 to $325, depending on the account type. The monthly subscription fee covers access to the trading platform, data feeds, and other trading tools

The payout process is straightforward. Once a trader meets the profit target, they are eligible for a profit split. The profit split is paid out on a monthly basis, and traders can withdraw their profits at any time

Overall, the Funded Trader program offers a fair and transparent fee structure. Traders are only responsible for paying fees if they are successful in passing the evaluation process, and the profit split is generous

Funding Process

The funding process is simple and straightforward. Traders are required to pass an evaluation process, which consists of a trading challenge. The challenge varies depending on the account type, but traders are required to meet the profit target within a specified time frame

If the trader successfully passes the evaluation process, they will be funded with a trading account. The account balance ranges from $25,000 to $400,000, depending on the account type. Traders are also provided with access to the trading platform, data feeds, and other trading tools

The Funded Trader program also offers a flexible lot size limit, which ranges from 0.01 to 5.0 lots, depending on the account type. Traders are also provided with leverage of up to 1:200, which allows them to maximize their trading opportunities

Withdrawals are also straightforward. Traders can withdraw their profits at any time, and the withdrawal process is fast and efficient. The Funded Trader program also offers a refundable fee, which provides traders with added security and peace of mind

RISK MANAGEMENT AND TRADING RULES

Risk Management Strategies

Risk management is a critical aspect of trading, and The Funded Trader program takes it seriously. Traders must adhere to strict risk management rules, including a maximum daily loss limit of 2% and a maximum drawdown limit of 6%. These rules help to ensure that traders do not take on too much risk and blow up their accounts

The program also encourages traders to use stop-loss orders to limit their losses and to avoid holding positions overnight. Traders are advised to close out their positions before the end of the trading day to avoid any unforeseen market events that could cause significant losses

Trading Rules

Traders in The Funded Trader program must follow specific trading rules to ensure consistency and discipline in their trading. These rules include:

  • Trading only during specified trading days and hours
  • Avoiding weekend trading
  • Avoiding news trading
  • Adhering to time limits for holding positions

Traders must also follow the broker’s rules and regulations, including margin requirements and leverage limits. Violating any of these rules may result in the trader being disqualified from the program

Expert advisors (EAs) are not allowed in The Funded Trader program, as they can be unpredictable and lead to significant losses. Traders must rely on their trading skills and strategies to make profitable trades

Overall, The Funded Trader program’s risk management and trading rules are designed to help traders manage their risk and trade consistently and profitably. By following these rules, traders can increase their chances of success and earn funding from the program

SUPPORT AND COMMUNITY

The Funded Trader offers a comprehensive support system for its traders, including both customer service and community resources

Customer Service

The support team at The Funded Trader is available 24/7 to answer any questions or concerns traders may have. They can be reached through the dashboard, email, or Discord channel. The team is known for their quick response times and helpfulness in resolving any issues that arise

Community and Events

The Funded Trader has a strong community of traders who share knowledge and support each other. The company hosts regular events and promotions, including monthly trading competitions with cash prizes. Traders can also participate in the Discord channel to connect with other traders and share strategies

The education resources provided by The Funded Trader are also a valuable asset to the community. Traders have access to a variety of educational materials, including videos, webinars, and articles, to help them improve their skills and stay up-to-date with market trends

Overall, The Funded Trader’s support and community resources are a key part of their mission to help traders succeed. With a dedicated support team, active community, and comprehensive education resources, traders have the tools they need to succeed in the markets

REVIEWS AND TRANSPARENCY

Reviews

The Funded Trader has received positive reviews from many traders who have successfully completed their evaluation process and received funding. The platform has a 4.5-star rating on Trustpilot with over 14,000 reviews. Most users have praised the platform for its transparent evaluation process, helpful customer support, and the ability to earn profits from trading without risking their own capital

One user from Liberty Hill, Texas, said that they found the evaluation process to be fair and transparent, and they were able to meet the profit targets and receive funding. Another professional trader mentioned that they appreciated the flexibility of the platform, which allows them to trade cryptocurrencies and other assets

The Funded Trader also has a leaderboard where traders can track their progress and see how they rank against other traders. This feature adds an element of competition and motivation for traders to perform well and earn more profits

Transparency

The Funded Trader is transparent about its pricing and rewards structure. Traders are required to reach profit targets of 8% in phase one and 5% in phase two before becoming funded. The platform also has a 5% maximum daily and 10% maximum loss rules to follow, which helps traders manage their risk

The evaluation process is also transparent, with clear guidelines and rules for traders to follow. Traders must demonstrate their skills and consistency over a set period of time, and they are evaluated based on their trading performance and risk management.

The Funded Trader also provides detailed information about its programs and services on its website, including the rules and requirements for each program. Traders can also contact customer support for any questions or concerns they may have

In conclusion, The Funded Trader has received positive reviews and is transparent about its pricing, rewards, and evaluation process. Traders can feel confident in using this platform to earn profits from trading without risking their own capital

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