Cryptocurrency Q&A
How difficult is it to get a funded account?
How difficult is it to get a funded account?
GeishaWhisper
Sat Dec 07 2024
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6 answers
1111
I'm wondering about the difficulty level of obtaining a funded account. Is it a straightforward process or does it require a lot of effort and specific qualifications?
6 answers
HanRiverWave
Mon Dec 09 2024
Additionally, it provides an opportunity to evaluate their risk management strategies and techniques.
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SakuraWhisper
Mon Dec 09 2024
The evaluation criteria often encompass specific profit targets that traders need to meet.
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Margherita
Mon Dec 09 2024
Alongside profit targets, there are also predefined maximum drawdown limits that traders must adhere to.
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CloudlitWonder
Mon Dec 09 2024
To be eligible for a funded trading account, numerous companies mandate that traders undergo an assessment phase or "challenge".
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Martina
Mon Dec 09 2024
This assessment phase serves as a crucial window for the company to gauge a trader's proficiency in generating profits.
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