Introduction To The Funded Trader Program:
The Funded Trader Program is an innovative solution for aspiring traders looking to gain access to substantial trading capital and establish themselves as professional traders. In this review, we will explore the key features, challenges, and benefits offered by The Funded Trader Program, available at https://thefundedtraderprogram.com/.]
Program Overview:
The Funded Trader Program offers traders the opportunity to unlock trading accounts ranging from $5,000 to $400,000, enabling them to earn profits and develop their trading skills. With a clear path toward becoming a funded trader, participants can build their trading empire and manage the program’s capital.
Challenges:
The program presents various challenge levels, including Standard, Rapid, Royal, and Knight Challenges. Each challenge offers unique benefits and requirements, such as trading with expert advisors, trade copiers, or having no lot size limits. Traders can choose the challenge that aligns with their trading style and goals.
Evaluation Process:
The Funded Trader Program follows a three-phase evaluation process. Phase 1 involves achieving a profit target while adhering to the program’s rules. Successful completion of Phase 1 leads to Phase 2, where traders validate their skills by meeting another profit target. Once both phases are completed, traders enter Phase 3 as a Funded Trader, making them eligible to join the program’s Proprietary Trading Firm.
Profit Split and Scaling:
As a Funded Trader, participants are entitled to up to a 90% profit split, depending on their performance and scaling plan. Traders who consistently demonstrate professional risk management and consistency can scale their trading account balance up to $1,500,000.
Risk Management and Performance:
The Funded Trader Program emphasizes the importance of risk management. Traders are required to maintain their equity above 90% of the initial account balance throughout the duration of the program. Additionally, maximum daily loss and maximum loss limits help ensure responsible trading practices.
Benefits and Support:
The program provides traders with 24/7 access to a supportive community through Discord, where they can interact with other traders, share insights, and seek guidance. Traders also have the opportunity to utilize expert advisors, although this is an optional add-on.
Fees and Refunds:
The Program offers transparent fee structures, with refundable fees for traders who successfully become Funded Traders. The initial profit split covers the refundable fees, providing an added incentive for traders to excel in their trading endeavors.
The Funded Trader Program – Conclusion:
The Program is a comprehensive and well-structured trading program that offers traders the opportunity to access substantial trading capital and establish themselves as professional traders. With its multi-phase evaluation process, clear profit split, and scaling options, the program provides a clear path for traders to grow and succeed. The emphasis on risk management and the supportive community further enhance the overall trading experience. For aspiring traders looking to take their trading to the next level, The Funded Trader Program is definitely worth considering.