Welcome to our comprehensive analysis of FunderPro, a rising contender in the realm of trading firms. Founded in February 2023 and located in Malta FunderPro provides traders with the chance to handle substantial funds and reap rewards. In this article well delve into FunderPros features, funding initiatives and what distinguishes them from competitors in the industry.
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Overview of FunderPro
FunderPro is a trading company that focuses on giving traders the tools and assistance they need to thrive. They offer funding programs tailored, for both novice and seasoned traders enabling them to handle accounts worth $200,000 and enjoy profit sharing of up to 90%. This level of flexibility makes FunderPro an appealing choice for traders seeking to optimize their income opportunities.
Funding Programs at FunderPro
FunderPro provides three unique funding options designed to cater to trading preferences and requirements.
- Regular Evaluation
- Swing Evaluation
- Fast Track
Regular Evaluation
The Regular Assessment aims to spot skilled traders, who can effectively handle risk, during a two step evaluation process. Depending on the stage of the evaluation traders have the flexibility to use leverage ranging from 1:100 to 1:200.
In the initial stage of this program traders need to reach a profit goal of 10% while keeping their daily losses within 5% and overall losses within 10%. The second stage has a target of 8% profit but maintains the loss limits. What sets this program apart is the absence of restrictions on trading days giving traders the freedom to advance, at their preferred speed.
After successfully completing stages traders receive a funded account that allows for withdrawals starting at $100. In this program profits are split, with traders initially getting 80% of the earnings. This percentage can increase to 90% depending on their performance.
Swing Evaluation
The Swing Evaluation is divided into phases and is aimed at traders who can effectively handle risk while using a leverage of up to 1:30. The profit goals are the same as those in the Regular Evaluation, with a requirement of 10% in the first phase and 8% in the second phase.
Like the Standard Assessment traders aren’t bound by any minimum or maximum trading day criteria. Once they successfully pass the evaluation stages they’ll be granted a funded account that mirrors the same withdrawal and profit sharing arrangement.
Fast Track
The Fast Track program provides a assessment designed to recognize disciplined traders. During the evaluation phase traders must achieve a profit target of 14%. They are allowed a daily loss of 4% and an overall loss of 7%. After receiving funding these limits change to a daily loss of 5% and an overall loss of 10%.
Similar to the programs there are no set minimum or maximum trading day requirements allowing traders to work at their own speed. The Fast Track program also provides profit sharing options, between 80% and 90% like the evaluations.
Key Trading Rules and Objectives
No matter the program FunderPro has set some important trading guidelines and goals that every trader needs to adhere to:
- Profit Targets: Each evaluation requires traders to achieve specified profit targets to proceed to the next phase or to funded status.
- Maximum Daily Loss: Traders must adhere to a daily loss limit to protect their capital.
- Maximum Overall Loss: There is also an overall loss limit that traders must not exceed throughout the evaluation process.
- No Weekend Holding: All trades must be closed before the market closes on Friday.
- No News Trading: Trading is prohibited during high-impact news releases to mitigate risk.
- Consistency Rule: The profits made on the best trading day should not exceed 45% of total profits.
Unique Features of FunderPro
FunderPro stands out among firms due to its set of distinctive characteristics:
- Unlimited trading periods with no minimum trading day requirements.
- First withdrawal can be made on day one after achieving funded status.
- On-demand future payouts, allowing for flexibility in accessing profits.
- A scaling plan that allows traders to increase their account size based on consistent performance.
Achieving Funded Status
When assessing a trading company it’s crucial to grasp how attainable their trading goals are. FunderPros profit expectations paired with adaptable trading terms offer traders a chance to reach funding status. The lack of strict deadlines further boosts this possibility.
After finishing the evaluation stages traders can get their payout on the first day if they’ve made a profit. Moreover evidence of payments and feedback from the community show that traders have effectively gone through the funding process.
Community and Support
FunderPro takes pride in its active trader community that exchanges knowledge and perspectives. Interacting with this group on platforms such as Discord and Telegram can offer insights and assistance. The company has garnered feedback regarding its service with users commending the promptness and support provided, throughout the evaluation phase.
Conclusion
To sum it up FunderPro is a well regarded proprietary trading firm that offers conditions for traders and a dedication to their success. With its three distinct funding options, practical trading goals and supportive community FunderPro presents a great chance for traders aiming to thrive in the field. Whether you’re a beginner in trading or a seasoned pro FunderPro provides a route to reaching your financial aspirations.
If you’re prepared to dive into trading consider checking out FunderPro and looking into the funding opportunities they offer. Remember to apply the discount code given to make the most of your potential savings.
Wishing you trading success and a prosperous journey with FunderPro!