There are many opportunities to get a 100K funded forex account with a prop firm. Trading with proprietary firms offers access to significantly more capital than most people have available.
Here at Funding Traders, we offer funded accounts ranging from:
- $5K Funded Account
- $10K Funded Account
- $25K Funded Account
- $50K Funded Account
- $100K Funded Account
- $500K Funded Account
- Up to $2M Funded Accounts
Compared to a personally funded account, the $100K funded account can take advantage of unique market opportunities with higher profit returns. Professional traders secure instant funding for forex trading so they are not limited by their own capital. Plus, you’ll gain access to advanced forex trading support, experts, and tools.
Keep reading to learn how to get a $100K funded forex account.
Get Started With Forex Trading
First, get started with trading forex before getting a $100K funded account. Prop firms want to work with traders who have an edge, or strategy that is already profitable. While getting started, you should focus on what forex trading style works best for you. For example, many successful traders use the following:
- Day trading
- Intra-day trading
- Scalping
- News trading
- EA trading
Additionally, take the time to learn which instruments or specific currency pairs you prefer to trade with. Open a prop trading account to start with simulated or demo trading until you are profitable. By developing a strategy that works, you can avoid blowing up your challenge account.
Even with very little capital, you can get started forex trading and then partner with a prop firm that will give you a $100K account.
Set Realistic Goals For A $100K Account
Next, set realistic goals to get a $100K forex-funded account. Trading forex markets requires taking on significant risks influenced by volatility, macroeconomic, and institutional factors. Your goals should be achievable for your account size.
Set your trading goals based on:
- Profit target
- Daily drawdown
- Max drawdown
- Trading days
For example, if your goal is to earn 4% per month, just earning 1% on a $100,000 funded account yields $1,000 per week. Even with a very strong trading skill set, you may not earn $1,000 each week. Most likely, you may profit more in some weeks and significantly less in others. When planning for a $100K forex account, set goals that match your trading strategy and account size.
Complete A $100K Funded Account Challenge
To get a $100K funded account, pass a prop firm challenge. The best $100K prop firms offer multi-phase processes. At Funding Traders, we have 1 Phase and 2 Phase challenges. The requirements of each phase include:
1-Step $100K Evaluation
- Phase 1: 10% Target
- 4% Daily Drawdown
- 5% Overall Drawdown (Trailing on highest balance)
- 7-14 Day Withdrawals
2-Step $100K Evaluation
- Phase 1: 10% Target
- Phase 2: 5% Target
- 5% Daily Drawdown
- 10% Overall Drawdown (static on balance)
- Drawdown reset end of day
To get access to $100K in prop funding, you will have to manage the 2-step or 1-step prop firm challenge account. In one-step challenges, you must profit 10% without going below 5% of your highest balance. For the two-step challenge, you must profit 10% without going below 10% of the account size.
Once you pass the challenge, you’ll become a $100K funded trader and earn up to 100% of the profits you earn.
Stay Consistent After Passing The Challenge
After passing a $100K forex challenge, stay consistent with your trading strategy. Trading forex in a challenge account and a live account may have some psychological differences. Trading larger amounts can add pressure and emotional responses to your execution.
Here are some key emotions to watch out for while trading with a 100K account:
- Fear of losing trades
- Greed for winning trades
- Avoiding taking trades
- Overconfidence after wins
- Revenge trading on anger
In order to manage the wins and losses in a live account, stick to your strategy, and risk management practices and continue to build on profits. For some traders, they might stick to currency pairs and instruments that worked previously. Or, you can adjust your trade sizes to lower the risk to the funded account.
Stay consistent with your prop firm trading plan after receiving a $100K funded account.
Scale Your Capital
After getting a live 100K forex-funded account, traders are eligible to scale their capital. With the Funding Traders scaling plan, you can potentially double your account size, leverage large positions, and achieve the projected financial freedom.
When you scale the 100k funded account, you get to trade bigger and withdraw higher profits – up to 100%.
At Funding Traders, you can increase the allocated funds by 25% every three months. Additionally, meet these conditions to scale up to 200K+ funded accounts.
- Achieve trading milestones within three consecutive months
- Stay profitable with a total profit of 10% on $100k account
- Generate consistent profits for at least two months
When you meet these conditions, your funded account can be increased to $125,000 in three months. Consistently profitable and highly competent traders are even eligible to scale their accounts up to $2 million. Demonstrate consistent trading skills to scale your funded forex account to $100k+.
Pass A 100K Prop Firm Challenge To Manage Funded Accounts
Follow the step-by-step process to pass a 100K prop firm challenge and manage funded trading accounts. These 100K prop trading challenges create unique opportunities to earn bigger without risking significant personal capital. The biggest prop trading firms require traders to meet certain profit targets, risk management criteria, and drawdown limits to pass a 100K funded challenge. As a forex trader yourself, complete the 100K funding evaluations to receive and manage a prop firm account. Once funded, you can trade FX markets with institutional-level capital and increase your profit potential.
>> Funding Traders provides straightforward 100K prop firm evaluations to hire skilled, consistent, and profitable traders. Manage a 1-step or 2-step $100,000 prop firm challenge account to successfully move to a live-funded trading account.
Keep reading to pass a 100K prop firm challenge and manage a funded trading account.
Manage Risk Exposure
To manage a 100K prop firm funded account, learn to manage risk exposure during evaluation. When managing a $100K challenge account, implement strict risk management policies to maintain daily drawdowns. Ultimately, increased capital availability on a 100K challenge account spikes up risk exposure too. With the most legitimate prop firms, you’ll need to showcase consistent risk management to pass the funding evaluation. Set clear risk tolerance levels to avoid emotion-based trading on your 100K challenge account.
Funding Traders recommends these rules to limit risk exposure on each trade:
- Limit your risk tolerance levels to 1-2% on every trade
- Set stop-loss orders to configure predetermined exit points and reduce the risk of potential losses
- Maintain a consistent position sizing to protect the prop firm’s capital during high-risk market conditions
Of course, these risk management practices will ensure sustainable growth in long term while managing a funded account. Definitely, manage risk exposures on a 100K prop firm challenge to receive a funded trading account.
Follow Prop Firm Challenge Rules
Next, follow the evaluation rules to pass the 100K prop firm challenge and manage a funded account. Typically, prop firms set strict evaluation rules on big 100K challenge accounts to avoid losing money. These prop firm trading rules may include profit targets, maximum drawdown limits, and supported leverage. Clearly understand the 100K evaluation rules for strategic planning to reach profit targets. Based on the prop firm’s requirements, you may need to tweak your trading strategies to reach expected profit targets.
>> Funding Traders supports favorable evaluation rules to alleviate additional stress on traders. For instance, you can leverage no-time limit rules on a 100K challenge account to mitigate psychological pressure and avoid bad trades.
By following these prop firm trading rules, you’ll increase the likelihood of passing a 100K funding evaluation and long-term success. Definitely, strictly follow prop firm challenge rules to pass a 100K trading evaluation and manage a funded account.
Limit Your FX Leverage
In addition, limit your FX leverage to pass a 100K prop firm challenge and manage a funded account. Prop firm leverages can range between 1:10 to 1:100 on forex funded trading accounts. Limit leverage on each trade to avoid exposing your challenge account to significant losses. You can choose a leverage level best suited for your experience, risk tolerance, and trading strategies.
>> Funding Traders supports up to 1:100 forex leverage to support traders with varying experience levels. Notably, conservative traders should consider lower leverage to limit potential losses and complete the funding evaluation.Ā
Ultimately, limited leverage levels will reduce your losses when market moves in an unexpected direction. Definitely, place limited FX leverage during 100K prop firm challenges to earn a funded trading account.
Secure A 100K Funded Account
After passing the 100K prop firm challenge, secure and manage a 100K funded trading account. Upon successful completion of funding evaluations, you’ll receive a 100K funed account to trade in live markets. Manage prop firm’s trading account to consistently refine your trading strategies for bigger profit potential. Keep in mind consistent performance over time can help leverage prop firm’s scaling plans and increase your 100K initial capital to bigger accounts – all the way up to $2 million.
>> Once you secure a 100K funded account, utilize Funding Traders’ online resources & community for ongoing support. Join FT’s online community to receive quality mentorship throughout our trading journey:
- Join Funding Traders On Discord
- Join Funding Traders On Telegram
- Join Funding Traders On Reddit
- Visit Funding Traders Online
- Follow Funding Traders On Reddit
Definitely, complete the 100K prop firm challenge to secure a funded trading account.
Earn Up To 100% Profit Split
Complete 100K prop firm evaluation to earn up to 100% profit splits with your funded trading account. Reputed prop firms share a more favorable profit split with bigger 100K funded accounts – especially when you complete a funding evaluation. By default, Funding Traders share a fixed 80% profit split with traders – increasing their profit potential. With competitive default splits, you get to keep the majority of profits you earn on your 100K forex funded account.
>> Notably, you can also sign up for exclusive add-ons to earn up to 100% profits on each trade. After completing a 100K prop firm funding evaluation, manage your funded account to earn up to 100% profit splits.
Traders must follow multiple key steps to get a 100k-funded forex account. First, get started with forex trading and develop a style that yields profits. Next, you should set realistic trading goals to navigate the volatile forex market.
Before allocating a capital of 100k, best prop firms in USA require traders to complete one-step or two-step evaluations. Even when you get funded, your prop firm will still regularly monitor your performance. Deploy strong trading strategies to yield consistent profits after completing the trading challenges. When you achieve consistent milestones, you will become eligible to scale your account beyond 100k – up to $2 million.
Click here to get a 100k-funded forex account to start your trading journey.
