Funded-Trader Brokerage Funded Account
Funded-Trader is a company that offers funded trading programs to its members. Traders can become part of the programs and never risk their own money. It provides challenges from various funders, and those who win the challenges are eligible for futures or forex funded accounts.
Traders begin with investing in their education and paying the fee for the simulated trading challenges. Funded-Trader does not provide any trading courses or programs; however, it guides the traders with the necessary tools and information to pass the challenges. Basically, Funded-Trader guides traders to become funded traders.
Top funders offer challenges and those who succeed become eligible for the respective funded accounts. Futures challenges are offered by OneUpTrader, Earn2Trade, TopStepTrader, and Savius. Funded-Trader assists traders with all the details related to these challenges in one place. Traders can choose the account type based on their requirement, pay the fees and appear for the challenges. Those who win can enjoy trading off a funded account, with profit sharing and no risks.
Similarly, few companies like TopStepFX and FTMO provide capital for forex trading. Their challenges are also available on Funded-Trader platform.
Funded-Trader explains to the aspiring traders why challenges are better than paper trading or demos. Paper trading is about merely writing strategies on a paper which can turn out to be unrealistic, inaccurate and just not suitable for live markets. On the other hand, demo challenges let the traders perform real trades in a simulated environment. Demo trading is efficient; however, traders start ignoring the real problems and forget to manage risks. Trading boils down to pure gambling!
However, real challenges prepare traders for the real world. It is still demo trading as traders are not risking their money, but they have a lot to gain if they win. Traders who win the challenges stand a chance to obtain funding for their future trades and become professional traders without losing money.
Therefore, Funded-Trader is an excellent platform for traders to face the challenges and grow to become independent professional traders.