On May 12, 2021, The Funded Trader was established. The prop firm has a US-based office and allows their traders to work with capital that can total up to $1,500,000 in balance and up to 90% profit splits.
Their main office is 14001 W HWY 29, Suite 102, Liberty Hill, Texas 78642. As their brokers, they have agreements with Eightcap and Purple Trading Seychelles.
The Funded Trader Trader’s Interview
The Funded Trader shared an interview with one of its traders. His name is Umar Khalid, and he currently resides in Pakistan. His educational background is in business management, and his professional experience is diverse. He has worked in various industries, including petroleum engineering, healthcare, and management positions while living in the Middle East for more than 11 years. He is also currently in charge of a business consulting firm, which requires him to travel frequently through the Middle East.
Since fund managers typically invest somewhere, he wondered why he shouldn’t invest directly in stocks. In 2018 or 2017, he started watching some YouTube videos, reading a few books, and watching some videos.
Then, in Kuwait, he remembers meeting Mohammad Faraz, a financial analyst and technical expert currently residing in Pakistan. He has provided him with a ton of support to refine and develop the skill set necessary to be a professional trader.
He begins each day by assessing the direction of the major currencies, such as the dollar index (DXY), the pound, and the euro. Umar does it in four hours, 30 minutes, and finally, five minutes. He occasionally uses scalping, so he employs various strategies in some of his accounts.
His payout was approximately 11% on $200,000; he kept $4,000 as a profit in his funded account and withdrew $13,270; consequently, he now has a profit of $14,000,270.
So, there you have it. To learn more about it, check the video below.
You can get a 10% discount using our special discount (FOREXPROPREVIEWS).
Also, if you want to read about Prop firms with inexpensive funded accounts, click on the link.