Prop trading is not a scam. However, it is vital that you choose a trusted company when deciding who to acquire funding from as there are many unscurpulous characters in the industry.
Prop trading is not a scam. However, it is vital that you choose a trusted company when deciding who to acquire funding from as there are many unscurpulous characters in the industry.
No, Prop firms are looking for talented traders who may lack capital to excel in their career. Prop firms bridge the capital gap in the pursuit of talent.
Participants must be over the age of 18 to be able to participate in FOREX funding programs.
There are no limits on how much you can make with a funded trading account, however, it is best to practice risk management strategies to preserve your capital for the long term rather than trying to get rich quickly.
It is possible to make a living on a funded trading account depending on where you are from and your cost of living, however, statistically very few people are capable of doing so.
Typically in the funded trader or Prop trading industry, there is a contract between the trader or “contractor” and the prop firm.
The definition of Prop trading is when a trader is employed or contracted by a company to trade proprietary or “Prop” funds. Typically the arrangement takes the risk off the trader and onto the company and the two parties split the profits on a pre-determined basis. For example, ATFunded is a Prop Trading company that shares 80% of the profits with its contracted traders.
ATFunded is a business name under AT Global Markets LLC which is a Limited Liability Company in Saint Vincent and the Grenadines with company number 333 LLC 2020. ATFunded is not regulated.
The material and information provided on this website are strictly for educational use and should not be taken as financial guidance. They not intended for residents of any country or jurisdiction where its distribution or use would contravene local laws or regulations.
ATFunded offers only demo accounts to all users registered for the Free Trial, ATFUNDED Challenge, and Verification products. ATFunded does not offer brokerage services, trading services, or custody of investor funds. ATFunded reserves the sole right and discretion not to provide services to residents of certain jurisdictions, including but are not limited to the United States, Iran, North Korea, Russia, Syria, Belarus, Sudan, Myanmar, Cuba, Venezuela, Yemen, Libya, Somalia, Mali and Nicaragua.
Understanding the risks involved in trading is crucial. Past performance is not a reliable indicator of future results.If you are uncertain, it is always recommended to consult with an accredited independent financial advisor. Any use of the information contained on the Company’s websites is at your own risk, and the Company assumes no responsibility or liability for any use or misuse of such information. Nothing contained herein constitutes a solicitation or an offer to buy or sell any financial instrument.
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