There are several key steps to receive a live FX funded trading account in one month or less. In the forex world, having significant capital to execute trades and drive profits is a major prerequisite. That’s why funded forex accounts have emerged as such a popular option – empowering traders to leverage essential financial resources without individual limits.
As a FX trader yourself, you should know the end-to-end process to receive your own live account. This way, you can make informed, strategic decisions to kickstart your trading journey. Read on to learn about receiving a prop trading funded account in one month or less.
Choose A Top-Rated Prop Funding Firm
First off, choose a top-rated prop firm that can issue you a live funded trading account with forex. Different prop trading companies have unique requirements, features, advantages, and conditions. Choose a reputable, industry-leading prop funding firm that aligns with your personal profit goals, preferred platforms, and trading strategies.
Funding Traders is a legit prop firm that empowers you to trade bigger and get paid faster, with capabilities including:
- Up To 100% Profit Splits
- $1M+ Account Scaling
- Fast 7 & 14 Day Payouts
- No Time Limits
- No Commissions On Challenge Accounts
- News/Copy Trading Allowed
- Weekend/Overnight Holding Allowed
Overall, FT supports a versatile, low-risk trading environment where you can access high capital and profits. Surely, choose a top-rated prop firm to earn a live funded trading account in one month or less.
Select An Account Size & Funding Program
Once you’ve chosen the best prop firm, you are ready to select a live funded trading account program and size. Visit the Funding Traders website to explore all your options and visualize your career path. With FT, you can earn a live trading account with $10k – $200k in funded capital. As one of the cheapest prop firms, these funded accounts are available at an affordable fee – starting from $50.
Select an account that aligns with your preferred starting capital, profit goals, drawdown limits, and evaluation fees. Today, some of our most popular current options are:
- Mini: $10,000 | $100 Evaluation Fee
- Starter: $25,000 | $200 Evaluation Fee
- Basic: $50,000 | $300 Evaluation Fee
- Advanced: $100,000 | $550 Evaluation Fee
- Superior: $200,000 | $1,100 Evaluation Fee
Indeed, carefully select the size and program for your live funded trading account.
Qualify For A Live FX Trading Account
Now, it is time to showcase your FX trading skills and qualify for a live funded account. The best prop firms require you to pass a one or two-step challenge to qualify for forex funding. You can start off small with a mini 10k prop firm challenge – or dive right into the superior 200k account evaluation. Just like with a typical audition, prioritize strategic preparation beforehand – your success is dependent on this performance.
Before you sign up for the challenge, you should already have a profitable FX trading strategy and risk management approach in-place. To help, read some existing forex playbooks and trade reviews to better understand the international currency market. Certainly, qualify for a live funded account to start your trading journey in one month or less.
Meet Ongoing Performance Targets
Even after you pass the initial challenge, you have to meet ongoing performance targets for your live funded trading account. To protect your profits, the best prop firms require you to maintain consistent profit targets and sustain minimum losses. Meet these targets to keep your live account activated – and qualify for 25% scaling every quarter. You can take advantage of TradeLocker prop firm resources to monitor your trades and make informed decisions.
Of course, your firm may additionally outline specific risk management parameters, payout policies, and critical trading practices. You should carefully review the full terms & conditions before executing your first live trade. Absolutely, meet ongoing performance targets and conditions on your live funded FX trading account.
Get Community Mentorship & Training
Consistently increase live funded trading account profits and performance with supportive community mentorship. Funding Traders active community is always willing to share strategies, provide insights, and offer guidance for FX traders. Continuous improvement boosts profits and encourages learning for everyone.
Stay connected with the Funding Traders expert & dedicated community:
- Follow Funding Traders On Telegram
- Join FT On Discord
- Subscribe On YouTube
- Follow Funding Traders On X
- Follow FT On Instagram
Once you become an active member of the community, you can start contributing and mentoring other traders too. Definitely, leverage insights from the FT community to improve performance on your live funded trading account performance.
There are several key steps to receive a $10k – $200k+ funded account in one month or less. Start off by choosing an industry-leading, top-rated prop firm. Choose a funded account size and program that meets your profit goals & risk tolerance. Then, pass a trading challenge to qualify for the account and prove your skills. Once you’re qualified, you’ll be required to meet ongoing performance and profit targets. To continuously refine your skills, get community mentorship, training, and support. Follow the points above to learn about receiving a live funded trading account with forex.
