I have a funded forex account and I'm worried about the possibility of losing money. What are the consequences if I end up losing money on this account? Will I be responsible for covering the losses or will the broker handle it?
6 answers
Eleonora
Tue Dec 10 2024
Losing a substantial amount of money on a funded account does not carry significant repercussions.
Elena
Tue Dec 10 2024
The setback of depleting a funded account does not permanently hinder one's progress in the trading industry.
CoinPrince
Mon Dec 09 2024
Traders have the option to reattempt the evaluation process at the same firm after experiencing a loss.
Federico
Mon Dec 09 2024
Alternatively, they can seek opportunities at different trading companies.
Maria
Mon Dec 09 2024
Ultimately, the risk associated with a funded account is relatively low.