The Funded Trader New Weekly Numbers- Good or Not?
The Funded Trader, a leading online trading demo evaluation firm, has recently published its new weekly achievements, highlighting the formidable talents of its top traders.
Weekly Rewards
The company has disbursed an awe-inspiring $782,000 to its traders in just one week.
One for the Books
A remarkable success story features a trader who raked in $248,000 within a span of only ten days using Funded Trading Plus.
Total Compensation
Notably, The Funded Trader has made an impressive leap, crossing the $10 million mark in total pay-outs.
Empowering Traders
The Funded Trader offers a variety of account sizes, enabling traders to manage capital between $50,000 and $400,000.
Trading Periods and Minimum Days
The venture operates on a set structure, which includes a 35-day TFT Challenge, a 60-day Verification phase, and an ongoing trading timeframe for its funded traders. Traders are expected to trade for a minimum of five days during the TFT Challenge and Verification period.
Limitations and Revenue Split
With regard to controls, the firm enforces a 5% daily and 8% absolute maximum drawdown. Furthermore, it advocates a fair-profit sharing policy with an 80/20 payment division between the trader and the firm.
Evaluation and Trading Platform
Aspiring traders must pass a two-tier evaluation process with targets of 8% and 5%. All trading activities are conducted on the state-of-the-art Royal Trading Platform.
In conclusion, the latest numbers shared by The Funded Trader suggests a promising trajectory in terms of rewards and significant achievements. The firm continues to offer a platform for traders to demonstrate their prowess, control considerable capital, and earn remarkable profits on their trades.
