The Forex Capital Funds Standard Evaluation Program offers a renowned platform for traders to hone their skills and pursue funded trading opportunities. Here’s an insight into its objectives and structure.
Forex Capital Funds Standard Evaluation Program Overview
This program is strategically crafted to nurture trading talent and facilitate access to funded accounts with profit-sharing prospects. Divided into two phases, it sets specific targets and guidelines for participants.
In the initial phase, traders aim to attain an 8% profit target while strictly adhering to predefined risk management protocols. These include a maximum daily loss limit of 5% and an overall loss limit of 10%. Importantly, trading days are flexible, but a minimum of five days is required to progress.
Upon successful completion of the first phase, traders advance to the second phase, tasked with achieving a 5% profit target while maintaining risk management standards. Again, flexibility in trading days exists, with a minimum of five days required for progression.
Completion of both phases grants access to a funded account, bypassing minimum withdrawal requirements. Traders manage these accounts, subject to 5% maximum daily loss and 10% maximum loss rules. Profit splits, ranging from 80% to 90%, hinge on trader performance.
Additionally, the program features a scaling plan, rewarding traders with incremental benefits based on performance and tenure. These benefits encompass account increases, profit split enhancements, monthly salaries, and expedited withdrawal timelines.
Forex Capital Funds‘ Standard Evaluation Program presents a promising avenue for aspiring traders, offering a structured framework, robust risk management, and enticing incentives for success in proprietary trading.
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