Proprietary trading (also referred to as “prop trading”) happens when traders trade with the company’s own money as opposed to depositors’ money, so as to make a profit for itself. … They are providing the risk capital, the traders are providing the skill. The profit would then split between the firm and the traders
At FX Trade Academy, we pride ourselves on working with the right partners in the service we delivery to you. Which is why we are excited to present you with this elaborate advancement toward getting funded.
The world of Forex is one which is extremely exaggerated in how much money is made and lost. It is important to understand that sophisticated investors look for minimum draw down in comparison to a percentage increase (i.e a 5% monthly gain is more appealing than a 50% monthly gain simply because it shows a more controlled/risk adverse as a trader).
With this in mind it is important to teach our students the importance of risk management and what percentage they should be targeting each month. The purpose of a proprietary firm and fund allocation is to see how an individual deals with strict condition, the more they prove themselves the more we are able to allocate more funds towards an individual.
Our Proprietary service works as such if you have a track record that is a minimum of 6 months and demonstrates a minimum of 5% growth with minimal drawdown you can access to funds.
We don’t have to be smarter than the rest, we have to be more disciplined.
*Evaluation period is a grace of 6 months in which we give you to achieve our target, you only have to pay once and once the evaluation period is over your account gets quadrupled and over 10% increase your account gets double or gets X 2.5. Examples are in the charts below.
*The difference in price is down to how restricted the accounts are the more expensive ones are less restrictive offer more drawdown and bigger trading size.
*We allow overnight trades and allow you to hold trades over the weekend, at no extra cost
*Use the affiliate doc as Terms & condition
Chart as a break down what draw down