The Funded Trader was founded on May 12, 2021. The firm allows its traders to work with up to $1,500,000 in capital and up to 90% profit sharing, and they have a US-based office.
They enable them to earn significant profits by managing accounts up to $1,500,000 and taking home profit shares of up to 90%.
Their brokers include Eightcap and Purple Trading Seychelles. Their headquarter is at 14001 West Highway 29, Suite 102, Liberty Hill, Texas 78642.
The firm is looking for dedicated and experienced traders who can leverage their capital for success by demonstrating their expertise in volatile market conditions.
The Funded Trader Interview
Another interview with one of The Funded Trader’s successful traders was shared. Mike, the trader, is from Philadelphia, Pennsylvania. He started trading in 2012 and now lives in a suburb of Atlanta. These days, he only trades forex and futures; he has nothing to do with options.
For Mike, the switch from options to forex trading was smooth. The forex market moves much slower than options and faster than the other markets. The forex rate, which is all about buying and selling and ups and downs, was much easier for him to understand.
He is a day trader who only holds his positions for up to two days. He usually closes his positions at the end of the New York trading session. On the payout, he said it was over $16,000 from a $400k account.
Mike uses the 15-minute chart for most of his analysis. He prefers to wait for the market to reveal its hand regarding strategy, so he waits for a breakout. Mike says that if a trader’s strategy is profitable, he should stick with it.
When he started trading forex, he looked at all 28 pairs, but as he has grown as a trader, he has reduced this. Now he only looks at two pairs, or three instruments in total: the euro (USD), the pound (USD), and the SP 500.
Watch the video below to enjoy the full interview and insights:
Also, if traders want to know which prop firms offer direct funding, click on the link.
Traders can also get a 10% off by using our special discount code (FOREXPROPREVIEWS).