Funded Traders Global has made its mark as a prominent proprietary trading firm, offering unique opportunities for traders around the globe to get financed and profit from trading without risking their capital. The firm’s programs cater to novice and experienced traders, providing a clear path to becoming a funded trader with access to significant account sizes. By using the discount code “INVEST,” you can enjoy a 50% discount on their evaluation fees, making it more affordable to start your journey towards becoming a funded trader. Here’s an in-depth look at what Funded Traders Global offers and why it might be the right prop firm for you.
Overview of Funded Traders Global
Funded Traders Global is a US-based proprietary trading firm with traders from over 180 countries. The firm is known for its flexible evaluation process, allowing traders to customize their funded trading accounts according to their trading strategies. With partnerships with brokers like Eightcap, Funded Traders Global offers access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, enabling traders to engage with a wide range of assets, including Forex, metals, and more.
Key Features:
- Maximum leverage of 1:10, with an option to upgrade to 1:20.
- Profit split of 75% for funded traders.
- Six funded account options with sizes ranging from $10,000 to $500,000.
- Customizable evaluation process with a one-time fee.
- No minimum trading days required, but a minimum of one trade every 30 days.
Getting Started with Funded Traders Global
To start with Funded Traders Global, traders must pass an evaluation phase, demonstrating their trading skills without exceeding specific loss limits. The evaluation involves a one-step challenge phase where traders must achieve a profit target of 10% while adhering to the firm’s trading rules. These rules include a daily loss limit of 4% and a maximum drawdown of 5%, both of which ensure disciplined trading.
Steps to Get Started:
- Choose an Account Size: Funded Traders Global offers multiple account sizes from $10,000 to $500,000, allowing traders to select the level that best suits their skills and confidence.
- Complete the Evaluation: Pay the evaluation fee, which starts as low as $100 for the smallest account size. Use the discount code “INVEST” to get 50% off on the fee.
- Start Trading: Upon successful evaluation, traders receive a funded account and can begin trading with real capital while sharing profits with the firm.
Evaluation Fees and Discounts
The evaluation fee varies depending on the chosen account size and the customization options selected during the registration process. Typically, these fees range from $100 for the smallest account to $3,749 for the largest one. Using the discount code “INVEST,” traders can significantly reduce these costs, making it an attractive proposition for those looking to minimize upfront expenses.
Example of Evaluation Fees:
- Basic Evaluation Fee: $100 for a $10,000 account.
- Additional Upgrades:
- Weekend trading option: +10%.
- Doubling leverage to 1:20: +25%.
- Removing stop-loss requirement: +10%.
Trading Rules and Requirements
Funded Traders Global sets clear guidelines to ensure that traders adhere to risk management principles while trading. The firm imposes both hard and soft breach rules, which are critical for maintaining the integrity of the trading environment.
Key Rules:
- Daily Loss Limit: 4% of account equity.
- Maximum Drawdown: 5%, calculated on a trailing basis.
- Minimum Participation: At least one trade every 30 days.
- No Mandatory Minimum Trading Days: Traders can complete the evaluation in as few as one trading day if they meet the profit target.
Traders can opt to pay additional fees to bypass some of these rules, such as the stop-loss requirement or restrictions on weekend trading, adding flexibility to suit different trading strategies.
Trading Platforms and Technologies
Funded Traders Global provides access to the industry-leading MetaTrader platforms (MT4 and MT5), widely recognized for their user-friendly interface, extensive charting tools, and support for automated trading strategies. These platforms, combined with the firm’s flexible trading conditions, create a conducive environment for various trading styles, including day trading, swing trading, and news trading.
- Leverage and Lot Sizes: Standard leverage is 1:10, with the option to upgrade to 1:20. Lot sizes are managed carefully to comply with risk parameters.
- Account Equity Management: Traders must manage their account equity within defined loss limits, ensuring consistent risk management.
Profit Split and Payouts
One of the most attractive features of Funded Traders Global is its 75% profit split, allowing traders to retain a significant portion of their earnings. This profit-sharing arrangement is competitive within the prop trading industry, providing a strong incentive for traders to perform well.
- First Payout: Funded Traders Global processes the first payout quickly once the trader reaches the profit target and maintains compliance with all trading rules.
- Refund on Purchase: If a trader completes the evaluation phase, the evaluation fee is refunded, making the initial cost a low-risk investment toward a potentially lucrative trading career.
Account Sizes and Customization
Funded Traders Global offers six account sizes, catering to a wide range of traders from those just starting out to seasoned professionals. Each account size comes with similar trading rules, but the initial evaluation fee and potential earnings scale with the account size.
Available Account Sizes:
- $10,000
- $25,000
- $50,000
- $100,000
- $200,000
- $500,000
Traders have the flexibility to choose the account size that aligns with their trading style and risk appetite, and with the 50% discount code “INVEST,” the barrier to entry is even lower.
Participation in News and Weekend Trading
Funded Traders Global is one of the few prop firms that allows news trading and weekend positions, albeit for an additional fee. This flexibility is particularly appealing to traders who thrive on market volatility and prefer to hold positions longer than usual.
Additional Fees for Expanded Trading Options:
- News Trading: Yes, permitted with an extra charge.
- Weekend Trading: Yes, permitted with an extra charge.
These options provide funded traders with the opportunity to maximize their trading opportunities, especially during periods of significant market movement.
How to Use the Funded Traders Global Discount Code?
- Visit the Funded Traders Global Website: Head over to their official site to get started.
- Pick Your Challenge and Customize Your Account: Choose the challenge you want, select your account type, trading platform, and any add-ons you’d like.
- Enter Your Billing Details: Fill out all your billing information completely before applying the discount.
- Apply the Discount Code: Click on the “Have a discount code?” button, enter INVEST to get 50% off, and click verify to activate your discount!
Conclusion: Why Choose Funded Traders Global?
Funded Traders Global is a standout prop firm for traders seeking a supportive and flexible environment to hone their skills and trade with substantial capital. With competitive profit splits, customizable trading conditions, and the ability to trade news and weekends, it caters to a broad spectrum of trading styles. The 50% discount code “INVEST” further reduces the cost of entry, making it an excellent opportunity for aspiring funded traders.
Whether you’re looking to start small with a $10,000 account or scale up to a $500,000 account, Funded Traders Global provides the tools, platforms, and support needed to achieve success. Use the discount code “INVEST” to unlock this opportunity and take your trading to the next level.
