What is a funded trading account?

Funded trading accounts are associated with a two-step process. First new traders prove that they can make money trading over a more extended period. Second, once the evaluation phase passes by, the trader receives full access to a trading account and receives a revenue share of up to 100% of profits made. What Makes a Good Funded Trader Program?

What is a funding account?

In summary, a funding account is a financial tool that allows individuals or businesses to hold funds for a specific purpose, usually offering higher interest rates compared to regular savings or checking accounts. It provides a safe and accessible place to store and grow your money, while maintaining liquidity and financial stability.

How do you get a funded account?

To get a funded account, traders have to pass a trial or a challenge. This trial tests their trading skill. It allows the funding firm to measure their ability to generate profits while managing risk. Once the trader passes the evaluation, they sign an agreement with the funding firm. This agreement lays out the rules of using the funded account.