Affinity Traders – Funded Account Review
Affinity Traders Brokerage Funded Account
Affinity Traders is synonymous of an excellent trading opportunity to the aspiring traders. The company offers a simulated challenge to the traders and those who pass the challenge get access to the funded account of Affinity Traders. Later, traders also get a chance to grow their funded account to $200,000.
Affinity Traders helps newbies to begin their trading career. The process begins with the simulated challenge that costs $495 and has certain rules to be followed. Traders get a buying power of $20,000, and they have a profit target of $2,000 at the end of the month. They must not exceed the daily loss limit of $150 and the weekly loss limit of $450. The maximum drawdown is $1,000, and traders get to keep 70% of the profits generated.
In this way, the simulated challenge is an exciting and excellent way to practice trades and hold a chance to get funded. The traders who pass the challenge while sticking to the rules gain access to a funded account with 70% profit split.
However, if a trader feels that he will not be able to meet the profit target or may end up hitting the risk levels, he can reset the challenge for $200. The simulated challenge gets reset to the beginning.
The traders who win the challenge and get a funded account have more to achieve. As they keep meeting higher profit targets, the buying power keeps increasing and so does the profit percentage paid to the traders, based on a Trader Progression Chart. Traders can, thus, scale their trading business and grow as a professional trader without risking their own capital.
Affinity Traders supplements the learning process with its trading platform, ZeroPro, and additional resources including the online resources and The Affinity Professional Trader Program.
Simulated Challenge, Funded Account
Years in business
Number of traders