To every funded trader, winning and winning is the ultimate goal. With the right funded trader program, you won’t have to go through the risk of losing your capital. Instead, all you’ll have is an access to enough capital from proprietary firms, such as Get Funded Now. With this capital, you can always expect a certain percentage (usually between 50% to 90%) on every win you achieve during your trading sessions.
But here’s a burning question; are funded trader programs worth it? As you read on, you’ll discover all you should know about this question, including why working with Get Funded Now is worth it today.
What exactly is a funded trader program?
As the name suggests, funded trader programs are designed for traders who don’t have enough capital to learn the much-needed strategies to trade or access the best online trading platform. These traders are provided with sufficient risk capital and leverage from proprietary firms and are expected to make profit with the funds.
To reduce the risks of losing, most proprietary firms often test a trader’s trading ability before providing them with capital. Of course, the trader needs to pay a one-time virtual audition fee, which could be as low as $150 and as much as $3,500, depending on how much capital is required. As soon as the trader has proven their trading skills, they are immediately granted the capital for trading.
Here’s why funding for traders is worth it
- Access to a large amount of capital
Having the right trading skills is not enough if you want to get the most out of trading. In addition, you also need sufficient capital, as this will give more flexibility and high returns on investment, if you follow the best practices.
But what happens if you don’t have enough capital to trade? In this case, going for the right funded trader programs will help you earn money without necessarily having to risk your money.
- High profit sharing
Another good thing about going for the best funded trader programs is that you can always expect high profit sharing. As long as you are confident of your trading abilities and can win with the available capital, you can always expect between 50% to 90% of the profit you make on every win.
The exact profit sharing percentage varies from proprietary firm to proprietary firm. This explains why you need to read terms and conditions when choosing a suitable funded trader program.
- Improved trading strategies
In case you don’t know, the best funded trader programs offer traders with the opportunity to improve their trading skills. But how exactly is this possible?
- First, by enrolling for this program, you’ll get coaching and mentoring support from the prop firm. With this support, you can expect resources and guides that will help succeed while trading.
- That’s not all; funded trader programs often have strict risk parameters and position-sizing rules. The more you follow these rules, the better you’ll get to improve your trading skills and make more profits.
Why should you choose Get Funded Now as your go-to prop firm?
There are tons of reasons why choosing Get Funded Now as your go-to proprietary firm is worth it. As you already know, funded trader programs come with tons of benefits for traders. These programs also have their challenges, which you’re likely to experience if you choose the wrong programs.
For instance, there are certain set rules and regulations you need to adhere to become a funded trader. Most prop firms make these regulations as strict as possible but this is not true with Get Funded Now. Besides, With this firm, you’ll only need to pay a one-time virtual audition fee, which is pretty affordable depending on how much you want as capital. To learn more about how Get Funded Now, you can speak to a representative today.