I've been trading on a funded forex account, but recently my trades haven't been performing well. I'm worried about the possibility of losing the account and want to know what consequences I might face if that happens.
6 answers
SamsungShineBrightnessRadiance
Tue Dec 10 2024
The primary reason is that even after such a loss, you retain the opportunity to re-evaluate your skills at the same trading firm.
LucyStone
Tue Dec 10 2024
Losing a substantial amount of money on a funded account does not carry significant repercussions.
Martino
Mon Dec 09 2024
With a personal live account, every loss directly impacts your personal finances, without the option to retry with the same account.
MysticInfinity
Mon Dec 09 2024
Alternatively, you can seek new opportunities by joining a different trading firm that offers funded accounts.
Elena
Mon Dec 09 2024
This flexibility ensures that your financial risk remains limited, as you always have a chance to redeem yourself.