Getting to the bottom of Funded Trading…. What should an Fx Trader be asking ?
1. Are there any limits on my account? That's the key, not the share %. If you have a $100,000 account and make 20% (better than most fund managers) and keep 85% of the profits, you end up with $17,000. If we let you work up to a $1 million dollar account and you make the same 20% and we share it with you 50-50, you end up with $100,000.
2. Do you have to pay monthly recurring fees? Many funds charge near $100/month for your funded account.... over 10 years, that's $12,000 for an account with limits. Our fee is 1/7th of that with no limits.
Jeff Wecker