I'm considering becoming a funded trader, but I'm concerned about the risks. Specifically, I want to know if it's possible to lose money as a funded trader. Can someone explain this to me?
5 answers
Caterina
Wed Dec 11 2024
All profits and losses incurred in these demo accounts are theoretical in nature.
Bianca
Wed Dec 11 2024
This means that traders are not financially liable for any losses they experience.
Martino
Wed Dec 11 2024
Now, let's consider what happens if a trader loses money on a funded account.
CryptoBaron
Wed Dec 11 2024
Traders who violate the maximum drawdown rule will lose access to their funded account.
Caterina
Wed Dec 11 2024
Retail prop traders engage in trading activities through demo accounts.