I heard a lot about The Forex Funder last year, about some of the scammy things going on with them.
I decided to take a look if they had changed.
It seems that recently the stop loss rule has been changed so now you have at least 1 soft breach before you lose the funded account.
Still overall the rules seem extremely strict...
Let me know what you think about this prop firm.
Watch @samKBTrading video on The Forex Funder:
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I will be covering a lot more scams in the forex space. If you have a Forex scam that you would like for me to cover contact me.
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Code: "MARKUS" 10% OFF
Timeline:
00:00 Intro
00:33 Youtube Review
01:02 Trust Pilot Reviews
01:40 Extreme Rules
03:54 Fake Reviews
05:01 Conclusion
The proprietary trading firm is the entity that provides the trader with the necessary funds to trade on the financial markets in exchange for a share of the profits. In addition, the prop firm assumes any losses, as the trader never puts his personal capital in danger.
Depending on what the firm has to offer, you can get funding from $500 to millions of dollars. Then, you can use your experience and professional trading tools to trade well and earn commissions or profit splits.
One benefit of online prop trading is that it lets people get into trading without having to risk tens of thousands of dollars. Also, you can start trading with a small amount of money and still make a lot of profit.
The majority of the time, a prop trading firm will design tight trading rules to help traders manage the activity so as to maximize profit and minimize loss.
Choosing the best proprietary trading firm is never simple, regardless of whether you are a novice or an expert. Comparing them is the most efficient approach.
So, watch the video till the end and let me know your thoughts in the comments.
If you like this video, please SUBSCRIBE and don’t forget to press the bell 🔔, like, comment and share. Stay safe!
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#propfirm #forexscam #propfirmscam
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