TradingFunds Review - Find The Best Forex Prop Firm For You In Minutes (2024)

The Evaluation Program also has a scaling plan. If a trader reaches a profit target of 10%, you can scale your account to the next available account size. It is necessary to note that you do not have to forfeit your profits if you choose to scale your account

Example:

The profit target for the $50,000 funded account is 10%.

Week 1: Generate a profit of 6%.

Week 2: Generate a profit of 4%.

The total generated profit from the last two weeks is 10%. Since the required profit target has been met, you can scale your account to the next size.

Evaluation Program Trading Rules & Objectives

  • Profit Target: Traders must meet the specified profit percentage to successfully complete an evaluation phase, withdraw earnings, or scale their trading account. The evaluation phase has a profit target of 10%. Funded accounts do not have any specified profit targets.
  • Maximum Trailing Loss: The difference between the highest attained account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is permitted to lose without breaching the account. All account sizes have a maximum tailing loss of 8%.
  • Stop-loss Required: Before starting a trade, it is necessary for the trader to place a stop-loss on each position. This condition is put in place to prevent excessive loss while trading and improve a trader’s risk management abilities.
  • Stop-loss Risk Per Position: Before executing a trade, the trader is required to specify a specific percentage-based stop-loss for each position. There is a maximum stop-loss requirement of 2% for each position.

What Makes TradingFunds Different From Other Prop Firms?

TradingFunds stands out from most industry-leading prop firms by proposing a single account type, a one-step evaluation.

TradingFunds Evaluation Program is a one-step evaluation. Traders are expected to successfully conclude a single phase before receiving a funded account and subsequent payouts. The profit target is 10% coupled with an 8% maximum trailing loss rule. Keep in mind that there are no minimum or maximum trading day requirements during the evaluation phase so you can move at your own pace. In addition, the Evaluation Program also has a unique scaling plan, allowing traders to manage even larger account sizes.

The Evaluation Program is distinct from other funding programs within the proprietary trading industry because of the ease it affords traders. There is an unlimited trading period, no minimum trading day requirements, no maximum daily drawdown, and multiple add-on features take the pressure off trading. It also provides for multiple trading instruments and a means to track your trading performance long-term.

Due to its features and the systematic approach it takes to trading, TradingFunds has set itself apart from other industry-leading prop firms and continues to grow its community of traders worldwide. Traders are drawn to its top-tier services and the fact that it priorities the unique needs of professional traders.

Is Getting TradingFunds Capital Realistic?

Although TradingFunds offer a very attractive profit split and favorable conditions for trading, it is important to determine if it is possible to meet their trading requirements and how convenient it is to get access to capital for trading. It is also necessary to consider factors like time restraints and withdrawal limitations if any to decide whether or not the prop firm meets your trading needs.

Lastly, it is crucial to familiarize yourself with all trading rules during the evaluation process and subsequent funding stages to lessen the risk of accidentally violating your trading account terms.

Receiving capital from the Evaluation Program is realistic primarily due to its modest profit target of 10% with an average maximum loss rule (8% maximum trailing loss). Remember that there are no minimum or maximum trading day requirements. This offers flexibility without time constraints, ensuring that funding can be acquired swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully concluding the evaluation phase, participants are eligible for payouts featuring an advantageous profit split of 80% up to 90%.

For these reasons, TradingFunds is desirable to talented disciplined professionals who may not want the hassle of going through several evaluation phases and appreciate a prop firm that creates a convenient trading environment with realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

TradingFunds is a proprietary trading firm established in February 2023. Yet in such a short time, they have garnered a substantial community of traders who have attained funded status and enjoy an advantageous profit split.

You can find information regarding TradingFunds payment proof on Trustpilot. There traders share their opinions of the prop firm and their experiences working with the platform as well as the process of how they successfully received payouts.

TradingFunds Review - Find The Best Forex Prop Firm For You In Minutes (2024)
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