What Does It Mean To Be A Funded Trader With Prop Firms?

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Being a funded trader with prop firms creates new career opportunities. Notably, funded accounts are a popular avenue to access institutional-level capital and trade bigger. With the biggest prop firms, skilled traders can take advantage of capital bigger than personal funds. To get funded, prop firms still require traders to demonstrate their skills, discipline, and ability to generate profits on a challenge account. As a forex trader yourself, join a prop firm to access live funded accounts to increase your capital access, payouts, and overall earnings.

>> As one of the biggest prop firm for beginners, seasoned traders, and experts, Funding Traders accepts all aspiring clients, creating unique opportunities to:

  • Trade With Bigger Account Sizes
  • Complete Challenges Without Commissions
  • Access Higher 1:100 FX Leverage
  • Get Paid Every Week

Keep reading to learn what does it mean to be a funded trader with the most legitimate prop firm.

How Big Are Account Sizes For Funded Traders?

As a funded trader, consider the account sizes you can access with prop firms. Typically, prop trading accounts are available in different sizes – with a few conditions to protect funded capital. You can start with smaller $5,000 accounts and manage up to $500,000 trading capital. Of course, the funded account size you select determines your trading capacity. With bigger account sizes, you can take on larger forex positions and earn substantial profits.

To create a customized experience, Funding Traders supports multiple account sizes, including:

  • $5,000 – Beginner
  • $10,000 – Mini
  • $25,000 – Starter
  • $50,000 – Basic
  • $100,000 – Advanced
  • $200,000 – Superior

Choose an account size that best aligns with your trading style, strategies, and financial goals. Definitely, join a professional prop firm to access bigger funded trading account sizes.

How To Become A Funded Trader?

Next, learn how to become a funded trader with the best prop firms. Before securing a funded trading account, prop firms require you to pass evaluations. Typically, prop firm evaluations cover profit targets, drawdown limits, and daily loss limits. These evaluations test your ability to trade successfully with the prop firm’s capital and become a funded trader. Keep in mind some prop firms may require you to meet these profit targets within a specified period – adding psychological pressure.

With Funding Traders, you can take advantage of no-time evaluation rules to achieve the pre-determined profit targets, along with:

1-Step Evaluation:

  • Profit Target: 10%
  • Daily Drawdown: 4%
  • Maximum Drawdown: 5%
  • Maximum Loss Per Trade: 2%

2-Step Evaluation:

  • Profit Target (Phase 1): 10%
  • Profit Target (Phase 2): 5%
  • Daily Drawdown: 5%
  • Maximum Drawdown: 10%
  • Maximum Loss Per Trade: 2%

Once you complete the evaluation, you’ll get a forex funded account to engage in live markets. Indeed, follow the prop firm’s evaluation guidelines to be a funded trader with the most trusted prop firms.

How Much Do Funded Traders Earn?

As a funded trader, you can earn through competitive prop firm profit-sharing models. When you manage a prop firm funded account, you get to keep a percentage of the earned profits. These profit splits usually start from 70-30% – with the higher percentage in your favor. Meanwhile, trusted prop firms like Funding Traders share a default 80-20 profit split to incentivize consistently profitable traders.

>> In addition, skilled funded traders like you can also sign up for FT’s add-ons to earn up to 100% profit split with each payout.

Of course, you can turn prop firm’s profit splits into a consistent source of income – especially if you stay consistent. Definitely, join reliable prop firms to earn bigger as a funded forex trader.

How To Grow As A Funded Trader?

As a funded trader, you can also grow your initial capital with industry-leading prop firms. Prop firms may review your funded account’s activities every few months to monitor your consistency. After completing the prop firm challenge, you can achieve consistent profits to grow your initial capital. This way, you can request to manage bigger funded accounts – even if you started with a smaller $5,000 trading account.

To be eligible for capital scaling as a prop trader, you should:

  • Stay profitable for two consecutive months
  • Achieve a consistent 8% profit in two months

With FT, traders who meet the scaling criteria are eligible to increase their initial account balance by 25% every two months – all the way up to $2 million. To grow as a prop firm trader, adjust your trading strategies to meet the required performance criteria. Definitely, the best prop firms offer unique scaling opportunities to grow as a funded trader.

How Do Prop Firms Support Funded Traders?

Finally, learn how prop firms support forex funded traders. Whether you’re managing a challenge or a funded account, you can always access the prop firm’s educational resources. Many trusted prop firms customer support to answer a funded trader’s queries right away. Plus, you can also visit Funding Traders’ Help portal to access frequently asked questions about funded accounts. Join FT’s online communities to participate in meaningful discussions.

These community members share regular strategies to increase your profits on the prop firm’s funded trading account. Definitely, trusted prop firms support funded traders with education, mentorship, and training resources.

These points explain what does it mean to be a funded trader with prop firms. First, you get access to bigger funded account sizes – starting from $5,000 to $500,000. To become a funded trader, no commission prop trading firms offer a straightforward evaluation process with realistic profit targets, drawdown limits, and stop-losses. Once funded, you scale up your account all the way up to $2 million and earn 90% of the earned profit splits. Take advantage of prop firm’s online communities to access educational resources, mentorship, and training tools. Ready to become a funded trader with one of the most trusted prop firm? Click here to sign up for a funded account challenge.

Author of this article

Stan

Stan

Growing up in New York City, Stan started his Wall Street career at the age of 18 working for a reputed stock brokerage firm. After working comprehensively for a wealth management group in the States, Stan switched to investment management - followed up by a full-time trading career in traditional prop firms. Today, he shares his wisdom, strategies, and funding to aspiring traders looking to trade big like industry professionals. When he's not analyzing charts, making strategic decisions, and shooting videos, Stan loves writing down these informative value-driven posts to support aspiring traders across the globe.

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