The Funded Trader, the prop firm, was established on May 12, 2021. The Funded Trader is looking for passionate, knowledgeable traders who will make money with their money. They can generate high profits by managing account sizes up to $1,500,000 and taking home profit splits up to 90%. There are three different funding accounts available to traders. To serve as their brokers, they have agreements with Eightcap and Purple Trading Seychelles.
- There is a $600,000 maximum balance for standard accounts.
- Up to 200:1 in leverage
- Trustpilot has over 4000 reviews with an outstanding 4.7/5 rating.
The Funded Trader Interview
The Funded Trader shared another Interview with a Trader; this One’s from China. Benke started trading ten years ago when he was a college student. He borrowed money from his father, which he used to buy stocks with his roommate; they always traded stocks. The trader regularly visited the library to read books about trading or other related topics, which sparked his interest in the industry at the time.
He explained the market is constantly changing and frequently exhibiting some the drawbacks, such as the fact that there are various market conditions. This means that some strategies perform better in those conditions he prefers, such as the boarding part of Fibonacci, Fibonacci numbers, RSI diverting weddings, and the support and resistance levels, so he carried out every step of the strategy on his own.
When trading forex, he concentrates on gold, but it can be challenging because of its verticality and ambiguous size. Trading gold can be challenging in some circumstances.
The TFT is currently the best option for him because it satisfies his requirements in just a few days, the cost is affordable and widely accessible, the payout rates are high because they frequently run promotions like payout rates of up to 90%, and it is the best option because of these factors.
He followed the books and strategies, but it wasn’t always working, so he learned to use more books and trust to optimize his strategic plan.
He thinks using a demo account or simulating is very helpful, but it takes discipline to do that because, if he were a student at the time, he wouldn’t know how much money he had to lose. That’s a great approach, but he thinks that comes with a lot of discipline.
Discipline is essential for simulating financial losses, as it helps students understand how much money they have to lose. His payout is roughly $55,000.
For the video, click the link below.