These are most usually set based on the initial account balance of the prop firm account.

Lot size limit requires traders to follow specified lot sizes for specific trading instruments.Maximum loss is the maximum loss a trader can reach overall before the account is violated.You have a profit target of 10% which is required for scaling and for you to request your withdrawal. Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account.You will additionally be able to request permission to trade commodities and indices after scaling your account to $120,000. Trading instruments for the funded trader program are forex pairs. You are required to reach a profit target of 10% which will allow you to withdraw your profit split and double your account balance. The funded trader program account also has a scaling plan. Your profit split will be 50% based on the profit you make on your funded account.įunded Trader Program account scaling plan You will be able to withdraw your profits every time you hit your profit target of 10%. Your main rule will be the 10% maximum loss, while you have no minimum or maximum trading day limitations. They will also send you your account credentials, your trading account will be funded, and just like that, you will be able to start trading after you make a payment of the one-time joining fee of £298, and a monthly fee of £99.īy completing all three steps, sorting out the paperwork, and paying the two fees, you will be able to start trading on your $15,000 account and generating profits. If approved, they will send you the contract for you to sort out the paperwork. You will receive your results within 24 hours if you have been approved. Step three of the funded trader program will be receiving the results. If you are based in London, you will be able to have a face-to-face interview on their trading floor, however, if you aren’t from London, you can have an interview by phone so they find out more about your trading experience.

They will ask you questions regarding your trading experience and strategy. Step one requires a trader to apply for the funded trader program by filling up a form.

The funded trader program allows you to trade with 1:5 leverage. Audacity Capital’s funded trader program is a unique funding program that has an assessment phase made out of three steps.

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