Are you looking to jump into the world of prop trading with a firm that offers flexibility, high profit splits, and excellent educational support? If so, Express Funded could be the perfect choice for you. What makes it even better is that by using the discount code “INVEST”, you can get a 50% discount on your Express Funded account, allowing you to start trading at half the usual price!

In this guide, we’ll take an in-depth look at everything you need to know about Express Funded, its funding programs, trading platforms, and how you can take full advantage of the 50% off discount to kickstart your trading career.

What is Express Funded?

Express Funded is a dynamic proprietary trading firm that was founded to offer traders from all backgrounds a pathway to funded trading accounts. While relatively new to the scene, Express Funded has made waves in Africa’s financial markets, particularly in Ghana and South Africa. They offer flexible funding programs, high-profit splits, and the ability to scale accounts up to $5 million.

What sets Express Funded apart is its partnership with Purple Trading, a well-regulated broker that ensures traders operate in a secure, transparent environment. Express Funded also emphasizes education, collaborating with major forex trading academies like FX GOAT FOREX TRADING ACADEMY and KOJO FOREX ACADEMY to support traders in sharpening their skills.

Key Features of Express Funded

• High Profit Splits: Traders keep up to 90% of their profits.
• Account Scaling: Successful traders can scale their accounts up to $5 million.
• Flexible Trading Rules: News trading and weekend holding are allowed.
• Educational Support: Partnerships with top trading academies help traders enhance their skills.
• No Time Limits: Traders can take as much time as needed to meet the evaluation criteria.

Now, let’s dive deeper into the different account types, challenges, and how you can make the most of your 50% discount.

How to Use the Express Funded Discount Code for 50% Off?

Using the discount code “INVEST” is easy and can significantly lower your initial costs. Here’s how you can apply it:

1. Visit the Express Funded Website: Navigate to their website and review the available funding options.

2. Choose Your Account: Select an account size and challenge that suits your trading needs. Account sizes range from $5,000 to $200,000, with different pricing for each.

3. Enter the Discount Code: At checkout, enter “INVEST” in the discount field to get 50% off your chosen challenge.

4. Complete Your Payment: Finalize your payment to activate your account and start your trading challenge.

For example, if you choose a $10,000 account, normally priced at $110, you’ll only pay $55 after applying the discount.

Express Funded Account Types

Express Funded offers two main types of trading challenges: the 1 Phase Account and the 2 Phase Account. These accounts cater to different levels of experience and preferences for evaluation.

1. The 1 Phase Account

The 1 Phase Account is designed for traders who prefer a more straightforward and faster path to funding. Here’s what you need to know:

• Account Sizes: You can choose from account sizes ranging from $5,000 to $200,000.
• Profit Split: Enjoy up to 90% profit split, allowing you to retain the majority of your earnings.
• Leverage: You’ll have access to 1:100 leverage, which can enhance your trading potential.
• Scaling Opportunities: With consistent performance, traders can scale their accounts up to $5 million.
• Weekend and News Trading: Traders can hold positions over the weekend and trade during news events, which is not allowed by many other prop firms.
• Refund Policy: Your challenge fee is refundable after your second withdrawal from a funded account.

This account is ideal for traders who are confident in their skills and want a fast route to accessing real capital.

2. The 2-Phase Account

The 2 Phase Account is for traders who prefer a more thorough evaluation process. The two phases are designed to test traders under different market conditions and evaluate their risk management skills over a longer period.

• Account Sizes: Similar to the 1 Phase Account, account sizes range from $5,000 to $200,000.
• Profit Split: Like the 1 Phase Account, the 2 Phase Account offers a profit split of up to 90%.
• Structured Evaluation: This account involves two distinct phases, with profit targets and drawdown limits adjusted for each phase.
• Leverage: 1:100 leverage is available across all account sizes.
• Scaling Plan: You can scale your account up to $5 million with consistent performance over time.
• Refund Policy: Like the 1 Phase Account, fees are refunded after the second withdrawal.

The 2 Phase Account is perfect for traders who prefer a more structured challenge with gradual progression.

Evaluation Process and Challenges

Both the 1 Phase and 2 Phase accounts have clear evaluation guidelines that traders must follow to qualify for funded accounts. Let’s take a closer look at the evaluation criteria for each:

1 Phase Challenge

• Challenge Period: There is no time limit for completing the challenge, allowing traders to progress at their own pace.
• Profit Target: Traders must achieve a 12% profit during the challenge phase.
• Minimum Trading Days: A minimum of 10 trading days is required.
• Max Daily Loss: Traders must stay within a 3% maximum daily loss limit.
• Max Overall Loss: The maximum allowable loss is 10% of the account balance.
• Leverage: 1:100 leverage is provided.
• Weekend Holding: Traders can hold positions over the weekend.

This challenge is designed for traders who want to prove their skills quickly and efficiently without any time constraints.

2 Phase Challenge

The 2 Phase Challenge involves two stages with different profit targets and drawdown limits for each phase:

Phase 1:

• Profit Target: 8%.
• Minimum Trading Days: 4 days.
• Daily Drawdown: 4%.
• Overall Drawdown: 12%.
• Leverage: 1:100 leverage.

Phase 2:

• Profit Target: 5%.
• Minimum Trading Days: 4 days.
• Daily Drawdown: 4%.
• Overall Drawdown: 10%.
• Leverage: 1:100 leverage.

The 2 Phase Challenge is more comprehensive, ideal for traders who want a thorough evaluation of their skills across different market conditions.

Trading Assets and Platforms

One of the major advantages of Express Funded is the diverse range of tradable assets available through their Purple Trading partnership. This partnership ensures a robust trading environment with access to the following markets:

Forex

Forex is a key offering at Express Funded, with a wide range of major, minor, and exotic currency pairs. The forex market’s liquidity and volatility provide traders with ample opportunities to generate profits.

Commodities

Commodities such as gold, silver, and oil are also available, offering traders additional ways to diversify their portfolios and hedge against currency fluctuations.

Cryptocurrencies

The crypto market is a high-growth sector, and Express Funded allows you to trade popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Ripple.

Indices

For those interested in broader market movements, global indices are also available for trading. Indices allow traders to speculate on the performance of entire stock markets or sectors, rather than individual stocks.

Trading Platforms

Express Funded traders use MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are renowned for their ease of use, advanced charting features, and automated trading capabilities, making them popular choices for both beginner and experienced traders.