One of the finest methods to increase your wealth or save money for retirement is by investing. For those who want to get started, buying and selling stocks through Internet brokers is now simpler than ever. A lot of them now have smartphone apps. You don’t even need to be wealthy, since many brokerages now offer zero-commission trades. Furthermore, a lot of brokers have no-minimum accounts and free stock trading platforms, which further reduces the cost of investing. This is a quick reference to the top brokers who provide Forex-funded account challenge trading with no commissions. 

Top 3 Free Trading Platforms 

Ally Invest

Minimum down payment and total

The required minimum balance and deposit may change based on the investment vehicle that is chosen. Self-Directed Trading has no minimum account amount. Minimum Robo Portfolio amount: $100

Charges

Depending on the investment instrument chosen, fees may change. There are no commission fees for stock, ETF, or options trades with self-directed trading; the cost of an options contract is $0.50. There are no management fees for Robo Portfolios. 

Bonus

Opening an Ally Invest Self-Directed account could qualify you for up to $3,000 in bonus cash. Investment vehicles

Ally Invest Ally Invest offers Traditional, Roth, and Rollover IRAs through Robo Portfolios IRA.

Investment options and brokerage

Forex trading, margin accounts, mutual funds, stocks, bonds, ETFs, and options

Resources for education

Provides educational content to consumers to enhance their comprehension of market trends.

Pros

• Self-Directed Trading requires no minimum deposit of $0
• No commission costs for Forex funded account challenge when trading stocks, ETFs, and options
• Features calculators and charts to assist investors in analysing their trades.
• Robo Portfolio is an automated program that offers four distinct types of portfolios for selection.
• provides educational articles on investing techniques and market trends as well as live, round-the-clock broker customer support.

Cons

• Robo Portfolios demand a minimum deposit of $100.
• Transaction fees for mutual funds could apply.

Charles Schwab

Minimum down payment and total

The required minimum balance and deposit may change based on the investment vehicle that is chosen. Schwab One® Brokerage Account active investing has no minimum account amount. A $5,000 minimum deposit is needed to use Schwab Intelligent Portfolios® for automated investing.

Charges

Depending on the investment instrument chosen, fees may change. There are no account costs for the Schwab One® Brokerage Account, no commission fees for trading stocks and ETFs, no transaction fees for more than 4,000 mutual funds, and a $0.65 fee for each option contract.

Investment vehicles

Charles Schwab Traditional, Roth, Rollover, Inherited, and Custodial IRAs; in addition, a Personal Choice Retirement Account® (PCRA) is offered via Schwab Intelligent Portfolios® and Schwab Intelligent Portfolios PremiumTM IRA. Trading and brokerage services include investment options with Schwab One® Brokerage Account, Brokerage Account with Specialised Platforms and Support for Trading, Schwab Global AccountTM, and Schwab Organisation Account. 

Resources for education

Many tools for retirement planning

Pros

• Active investing requires no minimum commitment of $0
• There are no transaction costs for more than 4,000 mutual funds and no commission fees for trading stocks and ETFs.
• provides a wide range of retirement planning tools.
• Users can consult a professional advisor or Schwab specialist on demand.
• A robot advisor There is a no-cost automated service option for Schwab Intelligent Portfolios® (a premium version is available for a price).
• For more active investors, the StreetSmart Edge® trading platform is offered.
• 24/7 chat or phone access to client service

Cons

• Charles Schwab provides in-person assistance at more than 300 physical locations in the United States.
• Certain transactions might need to pay a commission.
• A robot advisor $300 is the one-time planning price for Schwab Intelligent Portfolios Premium, and there is a $30 monthly advising fee after that. 

Fidelity Investments

Minimum down payment and total

The required minimum balance and deposit may change based on the investment vehicle that is chosen. There is no minimum to open a Fidelity Go® account, but a $10 balance is required to begin investing with a robo-advisor.

Fees Depending on the investment vehicle chosen, fees may change. $0.65 per options contract; no transaction fees for more than 3,400 mutual funds; no commission fees for trading in stocks, exchange-traded funds, and some mutual funds. For accounts under $25,000, Fidelity Go® offers no advisory costs; for balances exceeding $25,000, it charges 0.35% annually, which also grants access to limitless one-on-one coaching conversations with a Fidelity advisor).

Investment vehicles

Fidelity Go® IRA: Traditional, Roth, and Rollover IRAs – Robo-advisor Investments in brokerage and trading

Investment alternatives

Bonds, fractional shares, CDs, mutual funds, ETFs, stocks, and options

Resources for education

A wealth of resources and top-notch, in-depth analysis from more than 20 independent suppliers.

Pros

• No commission costs when trading stocks, ETFs, or options
• No fees for transactions on more than 3,400 mutual funds
• Time-limited special deals
• Many resources and tools for education
• round-the-clock client support
• Over 100 physical locations for in-person assistance throughout the United States

Cons

• A 0.35% annual advisory charge is assessed by Fidelity Go® for balances above $25,000.
• A few of Fidelity’s mutual funds have thresholds that must be met.
• Reports of platform failures on days with high trade volume

Conclusion 

We reviewed the aforementioned features and then based our recommendations on platforms that have the lowest fees and expense ratios, the most robust educational tools and resources, the most user-friendly technology, and the greatest selection of investment possibilities. We also investigated the customer service policies, contact channels, and app evaluations of each business.It should be noted that no trading platform can guarantee that you will receive a specific rate of return or that the offered investment options will always be available. It is advisable to consult with a trustworthy fiduciary financial advisor to ascertain the optimal strategy for your unique Forex-funded account challenge investing objectives.

The post A Guide to Free Stock Trading Platforms for Aspiring Investors appeared first on Forex Prop Firm.

Introduction to the guest

I’m Gabner, from Miami, Florida, and currently a senior college student at Florida International University.

Trading duration 

I started trading in 2020, which was introduced to me by a friend. It’s been three years now.

Inspiration

My friend was my inspiration as he introduced me to the trading journey. I was also a part of the academy, so I took a break in the early period of trading as I was failing again and again. But last year, I started trading again with a more strategic approach and determination. 

Strategy 

I follow Trading Geek on YouTube and follow his trading strategy, which is the moving cross-over average strategy and works for me really well.

Difference between trading for The Forex Prop Firm and yourself

The main difference between trading for The Forex Prop Firm and yourself is the money. For personal trading, you need to have a lot of money to be profitable. Whereas when trading for a Forex Prop Firm, you don’t need to have a lot of investment. Also, the risk management protocols are the best and safest at Forex Prop Firm. 

Experience with The Forex Prop Firm

Initially, I wasn’t sticking to one strategy, which is why it wasn’t getting profitable. Later on, I changed my strategy and planned to stick to it, which helped me achieve success.

Why choose The Forex Prop Firm 

Forex Prop Firm makes you follow proper risk management and stops you from making more than two trades to avoid over-trading. 

Suggestion to other traders attempting The Forex Prop Firm Challenge

Stick to your strategy and avoid joining multiple zone calls.

Best trade

I mainly trade gold, GPP, USD, AED, and JPY, which are the peers with high volatility in the market. I made $ 10,000 on a demo account in a matter of 5 days only.

Advice to a new trader 

Do not opt for multiple-session trading. Only stick to one strategy. Also, avoid risking more and more in the thought of making more profit. 

Risk management plan 

I do 1:2, so I’m getting 1% on my account to make 2%, so I’m risking 250 to make 500.

Recommend to starters

Be patient and have a proper risk management plan: the money will come to you.

Online helpful resources 

The trading geek on YouTube is the most helpful for trading strategies and management. 

Why trust The Forex Prop Firm 

I trust Forex Prop Firm because it has the best payouts and gives you the confidence to put more into your trading to get back even better in return. 

The post Failure to Success: From Failing Funded Accounts to Making Consistent Profits in Trading appeared first on Forex Prop Firm.

Introduction to the guest

I’m Jagmeet Singh Moka, residing in India. I’m currently completing my final year of bachelor’s in Information Technology.

Trading duration 

I’ve been trading for the past one year. Initially, I had been earning decent profits, but recently, I’ve been blowing my accounts.

Inspiration

Recently, I came to know about Prop Firm accounts, and then I researched Forex accounts and was interested in investing in the $50,000 two-step challenge account. It was a good start for me, and the profits were huge.

Strategy 

I was an intraday trader, so I used to look for setups early in the morning, and then I used to enter the market depending on the liquidity. Then, I used to wait an entire day to book my profit. After my mid-funded account journey, I started to scalp and directly enter a 1.00 lot, which gave me ten pips, so I used to book profits every 5 to 7 pages to get 50 to 70 dollars profit. 

Difference between trading for The Forex Prop Firm and yourself

The main difference between trading for The Forex Prop Firm and yourself is the risk of over-trading and the difference in decision-making power and strategy. These things would either end up blowing up your account or winning a huge amount in a single trade.

Experience with The Forex Prop Firm

My experience with Forex Prop Firm was great as I received a 10% discount on the original cost of purchasing my first challenge, including a 20% profit split from the evaluation pages and a 90% profit split from the main account. This was quite interesting as I had to invest something around $200 or $250, and after investment, I was receiving about $5000. 

Why choose The Forex Prop Firm 

Basically, I was impressed by the profit split percentage, the discount codes, and the 24/7 support offered by Forex Prop Firm.

Suggestion to other traders attempting The Forex Prop Firm Challenge

My suggestion to other traffic attempting the Forex Prop Firm challenge is to stay within their regular drawdown account, keeping the same lot sizes. Moreover, you should also avoid trying new things if you are a beginner, as the risk is higher, and you might end up blowing your account like me.

Best trade

I only trade in gold XAU USD; that’s my favorite pair.

Advice to a new trader 

I took some risks, which were the main reasons behind blowing up my account. I didn’t stick to my trading strategy and started looking for setups that’d give me more profit. One should avoid scalping and using bigger lot sizes to minimize risk and loss. 

Risk management plan 

I don’t have a specific risk-to-ratio award, but if the entry gives me 50 to 70 profit, I book my profits and do not hold it and close it up. For intraday, I follow the 1:1 or 1:2 award, complete my challenge within the given time limit, and complete my target. I prefer ending my day once I’ve achieved my target.

Recommend to starters

Make a decent strategy that could be more profitable but at least gives you daily decent profits, like $200 for a $ 50,000 account. Always have confidence in your setup and have good decision-making.

Online helpful resources 

Fomc and online speeches are always helpful for trading tips and strategies. 

Why trust The Forex Prop Firm 

I trust Forex Prop Firm because it has no time restriction for trading, and users can also enjoy the instant funding feature. 

The post How this Trader Blew his $50000 Funded Account appeared first on Forex Prop Firm.

Introduction to the guest

I’m Edward Baffoe, 24 years old and from London. I also make music as a side hobby.

Trading duration 

I’ve been trading for six years now as I have an interest in the market and finances.

Inspiration

I was interested in financial markets when I was 18. I started with forex, and then, over time, I got into indices, gold, and crypto. Trading helps you earn a living by just sitting on a laptop in the comfort of your home.

Strategy 

I studied ICT, learned a lot, and started getting into algorithmic trading myself. I do algo-trading to find my entries, and I use a mix of algo and ICT. I use the ICT silver bullet strategy for indices but with a little adaptation of my own. I’m always up at five of the London or New York sessions and mainly trade from New York. My algorithms are just running on gold and GE 24 7, Monday to Thursday. As I see some liquidity build-up, I might trade manually. 

Difference between trading for The Forex Prop Firm and yourself

The main difference between trading for The Forex Prop Firm and yourself is the investment and risk. Trading at Forex Prop Firm saves you from over-trading, and you don’t need to have huge investments. 

Experience with The Forex Prop Firm

I started with baby pips, then started algo trading. My experience with Forex Prop Firm trading was great as everything was simple, easy, clear, and understandable, and the payouts were huge.

Why choose The Forex Prop Firm 

Forex Prop Firm offers handsome profits, huge payouts, and the best customer support. 

Suggestion to other traders attempting The Forex Prop Firm Challenge

Get a good trading strategy, good risk management parameters, and good psychology when attempting Forex Prop Firm challenges. 

Best trade

I like indices like the NASDAQ US 30 and gold and GBP USD because they have a lot of volatility. 

Advice to a new trader 

Be disciplined, stick to your trading process, and keep learning to get to the golden pot and become successful. 

Risk management plan 

Risk management is the most important apart from the signals and trading strategy. Take smaller risks, avoid overexposing yourself in terms of how many lots you are opening on the position, and consider smaller lot sizes. 

Recommend to starters

Don’t rush the process; start steady and slow, and be disciplined. It’s not about how much you can win; it’s about preserving the capital. Also, create a plan, stick to it, and stop blowing your accounts.

Online helpful resources 

ICT is the most helpful for trading strategies and management. 

Why trust The Forex Prop Firm 

I trust Forex Prop Firm because it has the best risk management parameters, and the risk percentage can be selected as low as 0.2%.

The post How this Trader Turned $115 into $25000 Trading with Forex Prop Firm appeared first on Forex Prop Firm.

Introduction to the guest

I’m Bazeer Muhammad, 24 years old, living in India, and I just completed mechanical engineering. Now, I am also running a small business and am a part of small trading stuff.

Trading duration 

I’ve been trading for around two years now.

Inspiration

I used to watch Facebook and Instagram a lot and came across different advertisements related to trading and making money, which became my source of inspiration. 

Strategy 

My strategy is price action like support and resistance only. I also know some candlestick and some chart patterns I can follow. First, I choose a bigger time frame than the previous market delta site collector, and I am a scalper. 

Difference between trading for The Forex Prop Firm and yourself

The main difference between trading for The Forex Prop Firm and yourself is the money. You need to have good money to invest when trading for yourself. 

Experience with The Forex Prop Firm

Trading with Forex Prop Firm was great and profitable. In less time, I managed to get a funded account and complete several challenges. 

Why choose The Forex Prop Firm 

Forex Prop Firm is simple and easy to use. All the instructions are clear, and there are no hidden terms and conditions. 

Suggestion to other traders attempting The Forex Prop Firm Challenge

Don’t leave the trading even if there are losses in the beginning. Learn first and keep studying throughout your trading journey to achieve success. 

Best trade

My base one, I completed in 12 days, 16000, and base two, I completed in 6 days.  

Advice to a new trader 

Improve your learning process and skills. Also, follow your mentors.

Risk management plan 

Risk management is important. It would help if you first learned and then started trading. Also, do not over-trade and avoid playing bigger lots to minimize risk. 

Recommend to starters

Learn proper trade management, money management, and trade in equity to avoid loss.

Online helpful resources 

YouTube and other funded accountants are the most helpful for trading strategies and management. 

Why trust The Forex Prop Firm 

I trust Forex Prop Firm because their customer care service is great and efficient. Moreover, the risk percentage is significantly low, and the payout is huge.

The post Indian Entrepreneur Made $16,533 Profits Withdrawal on Forex Prop Firm $200000 Funded Account | FPF appeared first on Forex Prop Firm.

Introduction to the guest

I’m Bhuvanesh Varan from India, and I started trading in Corona.

Trading duration 

I’ve been trading for the past three and half years, and this journey began in Covid. Right now, I’m not profitable.

Inspiration

Due to job problems and the economic crisis, I wanted another income to maintain our family expenses. While sitting with friends, we discussed how to make more money and came to know more about trading. 

Strategy 

I trade London and New York sessions. The most profitable strategy for me is combining your failure with smart money. Mostly, I trade in three parts: Euro, USD, and Gold. First, I look into the market and then find the best trading setup. If that particular setup does not work for me, I then change it and look for another one that works for me to make me profitable. Mostly, I do day trading, but I am also a scalper. 

Difference between trading for The Forex Prop Firm and yourself

The main difference between trading for The Forex Prop Firm and yourself is the money. Also, the forex prop firm is the best platform, and you can use less investment, and we can use more leverage.

Experience with The Forex Prop Firm

In the beginning, I realized that trading in the Indian market required a lot of money, but when trading with Forex, you can enjoy more leverage. 

Why choose The Forex Prop Firm 

Forex Prop Firm offers various sessions: the National sessions, London sessions, New York sessions, etc. So you can choose the session that suits you the best.

Suggestion to other traders attempting The Forex Prop Firm Challenge

Learn to overcome your challenges and manage to get psychological stability to achieve success in your trading journey. 

Best trade

I started Forex trading last year using $10 to $20 and profited it in the best way. 

Advice to a new trader 

Try to avoid over-trading and also learn to recover your losses.

Risk management plan 

Make a limited number of trades and look for the right setups. If you are not getting profitable that particular day, try trading the next day. Also Trade only lower lots like 0.05 or 0.02 to minimize losses.

Recommend to starters

Wait for the right setups to get more risk rewards and set an appropriate psychological approach. Try trading gold and low slots.

Online helpful resources 

YouTube and Google are the most helpful for trading strategies and management. Or discuss with your friends who have a proper idea of trading. 

Why trust The Forex Prop Firm 

Forex Prop Firm is great as it gives high profits, clear instructions, no hidden policies, and requires less investment. 

The post I Became a Profitable Funded Trader in 1 Year of Trading Forex appeared first on Forex Prop Firm.

1. Tell us a little bit about you.

My name is Akiim Allen, and I am originally from New York City. I am a full-time CNA at the Veteran Affairs for the military and a successful Forex trader.

2. How long have you been trading?

I have been into trading for the past six years, from the pre-covid period. One day, I accidentally stumbled into Forex while trying to find my way through that tough financial crisis. 

3. What inspires you to pursue trading?

Trading was not just a ray of hope during the COVID crisis, but it also taught me to look into myself, dwell on my emotions, and figure out who I was.

4. Do you have a trading plan in place and follow it strictly? Briefly describe your Trading Plan.

I don’t have an 8 a.m. working strategy with a long pre-working meditation session. One should create a strategy that works for himself. I have a busy schedule; I don’t watch TV or party with my friends, and never miss analyzing the market over the weekend. I aim to observe the very tops and the very bottoms of the market and go through several charts at a time. 

5. What was your strategy to successfully pass The Forex Prop Firm Challenge?

For the Forex Prop Firm strategy, I started with 50K first, but then I thought I could manage the $200000 challenge too, so I’m currently working on it. I follow my own Bayway strategy, which involves telling myself that I’m doing well and that trading is fantastic, essential, and life-changing. For the execution, I start with the daily, then 1 hour, then 5 minutes, and the following ICT smart money concepts.

6. How is trading for The Forex Prop Firm different from trading by yourself?

The greatest advantage of trading for The Forex Prop Firm instead of by yourself is that you can make more money in less time. You don’t have to struggle daily to make a few thousand dollars. You can make millions and live your dreams easily.

7. How would you rate your experience with The Forex Prop Firm?

My experience with Forex Prop Firm was great. All the conditions were mentioned before starting my trading journey. The big payouts were the most enjoyable thing for me at Forex Prop Firm. I was able to trade big money and get a funded account. 

8. Why did you choose The Forex Prop Firm and not another one?

When researching Forex Prop Firm, I realized it had a nice profit split and fair conditions compared to other prop firms.

9. What would you like to say to other traders attempting The Forex Prop Firm Challenge?

To all the other traders attempting at the Forex Prop Firm, I suggest not over-trade and staying consistent. Do not take trading as a full-time job; play in big money rather than putting effort into smaller trades to reach your goals.

10. Describe your best trade.

My best trading experience was earning my certificate within two days while trading with Forex Prop Firm.

11. What is the number one advice you would give to a new trader?

Discipline and consistency are the two main elements required for successful trading. You must learn how to maintain the right balance between trading and other tasks to avoid over-trading and ending up losing your account. 

12. What does your risk management plan look like?

I keep my trading opportunity under 2-3% of my trading account for risk management. I’m at the very bottom. I’ll catch the bottom set, my stop loss, and a little extra pips for the market.

13. What would you recommend to someone just starting with us?

I recommend focusing on the demo first and not letting your feelings and other side hassles interfere with your trading routine. Also, consider your job type and spend money on trading that you can afford to lose.

14. Share online resources that were/are significant in your trading development. Names and links are appreciated.

YouTube and Google were the best resources that helped me throughout my trading journey. 

15. What made you trust The Forex Prop Firm for your trading career?

I trust the Forex Prop Firm because it was the best to work with compared to other trading platforms. I could see clear and fair rules, and the payouts were huge.

The post I Blew Over 100 Trading Accounts Before Becoming A Profitable Trader appeared first on Forex Prop Firm.

1. Tell us a little bit about you.

My name is Paul, and I am from the North East United States.

2. How long have you been trading?

I have been into trading for the last 25 years, which is a big reason behind my success in the trading industry. During this time, I have learned and applied numerous trading strategies, which helped me gain success in my work. I started with trading stocks, mainly penny stocks, back in the early 90s.

3. What inspires you to pursue trading?

Trading is a smart way of making money. A 9 to 5 job does not bind you, you can handle unexpected expenses, and you don’t have to worry about your living even if you are getting close to retirement age.

4. Do you have a trading plan in place and follow it strictly? Briefly describe your Trading Plan.

I wake up at 5:00 a.m. and look at the previous night’s trading updates. After studying some indices and currencies, I start trading by 7:30 or 8:00 a.m. I’m done trading by 10:00 to 11:30 a.m., followed by studying statistics and looking at FED speaking for a while.

5. What was your strategy to successfully pass The Forex Prop Firm Challenge?

I’m a big person in price action for the Forex Prop Firm strategy. If the trading market doesn’t start going up a minute or two after I enter, I stop there despite choosing the right point to get in. I always consider the market momentum, and I accept that having some losing days is better than letting the trade run.

6. How is trading for The Forex Prop Firm different from trading by yourself?

The best benefit of trading for The Forex Prop Firm instead of by yourself is that you don’t have to risk your own money. The challenges offered here are easy, great, and very profitable. 

7. How would you rate your experience with The Forex Prop Firm?

The Forex Prop sounded the best to me when looking for the right firm. The one-step challenge is my all-time favorite. The knowledge, wide-spread options, and no surprises keep me stuck to the Forex Prop Firm.

8. Why did you choose The Forex Prop Firm and not another one?

I was never fond of two-step challenges as offered by the other firms. You can trade and show that by your results or drawdowns, or you can’t. So, the one-step challenge offered by the Forex Prop Firm is the best. Plus, the Forex Prop Firm gives no time limits, which prevents taking steps under pressure and helps traders concentrate. 

9. What would you like to say to other traders attempting The Forex Prop Firm Challenge?

To all the other traders attempting at the Forex Prop Firm, I suggest you don’t chase and avoid suffering from fomos. Give things 15-20 minutes, and you will likely find another signal. Be 100% sure you anticipate any market loss. Just return the next day instead of losing by trading the same day. 

10. Describe your best trade.

I started with the penny stocks, which was going well, and then I did great in trading IPO, which went even better.

11. What is the number one advice you would give to a new trader?

My best advice to every new trader out there is to practice. It doesn’t matter if you are new or experienced; practice is necessary. Also, limit your trading time, set a strategic plan, and avoid over-trading. Evaluate your positive and negative points from your trading history, and always use a simulator.

12. What does your risk management plan look like?

My risk management plan says you only sometimes expect the market to meet your expectations. If the market is low someday, stop making repeated investments to meet your daily goal. Do something else and come back the next day. Always concentrate on profitability and do not take trading as a 9 to 5 job; trade less to lose less.

13. What would you recommend to someone just starting with us?

I recommend finding an edge that works best for someone just starting with The Forex Prop Firm. Secondly, get yourself a simulator and practice as much as you can.

14. Share online resources that were/are significant in your trading development. Names and links are appreciated.

Reading books and listening to TED talks are the best for trading development. 

15. What made you trust The Forex Prop Firm for your trading career?

The reason why I trust the Forex Prop Firm is that it has no hidden surprises. Everything is crystal clear and easy to understand. Moreover your fame and trust level amongst the traders is highly appreciable. Your experience and knowledge are the other main reasons I trust the Forex Prop Firm for my trading career. 

The post <strong>From Penny Stocks Millionaire to Funded Trader Journey</strong> appeared first on Forex Prop Firm.

1. Tell us a little bit about you.  

I was and am mainly into textiles, but I stepped into the trading industry three years back. I had little awareness, so I started before my cousin, but as I was new to the field, I made great losses in the beginning but fortunately kept going.

2. How long have you been trading? 

 I have been trading for the past three years. 

3. What inspires you to pursue trading?  

My main reason for learning and completing new trading challenges was to become successful and, yes, work for an additional income source.

4. Do you have a trading plan in place and follow it strictly? 

My trading strategy was to focus on only some of the pairs. I go with the ones I am very confident about, such as the Nasdaq and tax, sticking to two or three scripts. I also focus on spending just an hour or half an hour on trading and getting my one percent in that particular time instead of sitting the whole day in front of the screen. Try to achieve one ratio of two rewards for every single trade. 

5. What was your strategy to successfully pass The Forex Prop Firm Challenge?  

My strategy was to focus on the guidelines from the Forex Prop Firm. Also, I learned to make the most out of trading for about an hour rather than trading for consecutive hours without any strategy, mindset, or goal.

6. How is trading for The Forex Prop Firm different from trading by yourself?  

Trading on my own was risky compared to the two pre-funded accounts from your Forex Prop Firm. This risk of money loss puts a lot of traders under pressure when investing their capital. Also, my strong stickiness and a good understanding of the lessons, strategies, and techniques from Forex Prop Firm helped me achieve better-protected growth.

 7. How would you rate your experience with The Forex Prop Firm? 

My experience with The Forex Prop Firm is easy in passing the evaluations with a threshold of 12%, because of which I completed both phases in literally two days. 

8. Why did you choose The Forex Prop Firm over another prop firm? 

I chose the Forex Prop Firm because of its founders’ and other team members’ secure performance, vast experience, and professionalism. The way its people help the new traders learn and grow is what I always want.

9. What would you like to say to other traders attempting The Forex Prop Firm Challenge?  

I recommend every trader attempting this challenge to secure and grow his capital, stay in the game and give breaks to your trade instead of losing it.

10. Describe your best trade. 

I had my best trade in the past week, and it was a NASDAQ trade that gave me 200 pips, which all happened after I got four stop losses.

11. What is the number one advice you would give to a new trader?  

My first advice for a new trader is to stay patient without falling into the FOMO trap.

12. How does your risk management plan look? 

My risk management plan represents maintaining my patience by making smaller trades, even 0.01 plot size on gold. Also, I stay away from FOMO culture and only trade according to my trading strategy and mindset. I also reduce my risks by not listening to every internet guru and not getting greedy.

13. What would you recommend to someone just starting with us?   

My recommendations to the new traders are to set an aim, make a trading mindset, perform pre-market analysis, and focus on it. Start with 0.25, then 0.5, then 1, then 1.5, and jump slowly. And yes, always listen to your seniors.

14. Share online resources that were significant in your trading development. Names and links are appreciated. 

My trusted online resources include the 10, 20, and 200 EMAs, combining figs and market sessions. For further confirmation, I may sometimes be RSI too.

15. What made you trust The Forex Prop Firm for your trading career?  

I trusted the Forex Prop Firm because of their 12% threshold, which is beneficial in easy evaluations. Your effort to make your firm safe and risk-free for traders and maintain the highest passing rate without any daily drawdown.

The post How to Make $2,100+ Profits on Forex Prop Firm $25,000 Funded Account? appeared first on Forex Prop Firm.

Meet Long Vang: Unveiling the Triumph of a Strategic Trader

Intriguingly, Long Vang is not just a 32-year-old engineering graduate; he is a visionary trader determined to carve a successful path in the world of trading. Supported by the esteemed Forex Prop Firm, Long Vang’s trading journey embodies the essence of support, knowledge, and invaluable resources that propel his trading aspirations.

Embarking on the Trading Odyssey

A Glimpse into Long Vang’s Trading Timeline

Long Vang’s foray into the world of trading commenced in 2016, post his graduation from the Milwaukee School of Engineering. His quest for alternative income streams led him to explore affiliate marketing networks, yet his true passion lay in the art of trading. It was through his association with a trading company that Long Vang gained exposure to trading signals but sought a deeper understanding of the trade. Enter forexpropform.com, the catalyst that transformed his trading trajectory under the skilled mentorship and guidance of industry veterans.

A Source of Inspiration

The Driving Force Behind Long Vang’s Trading Pursuits

What fuels Long Vang’s relentless pursuit of trading excellence? A desire for consistent income generation sparked his journey. Eager to secure a financial foundation for the future, Long Vang was drawn to the realm of finance and trading, eager to translate his aspirations into reality.

Crafting Success through Strategy

A Peek into Long Vang’s Trading Plan

Long Vang firmly believes that trading is a journey that demands time, intellect, and education. His trading strategy revolves around mean reversion and a quantitative approach, employing a pullback strategy. Key to his approach is identifying bullish engulfing patterns that offer insights into market trends. Long Vang mitigates risk by focusing on one to two trading opportunities at a time, ensuring a balanced risk-reward ratio.

Triumph over Trials

Cracking the Forex Prop Firm Challenge

After enduring ten previous failed attempts, Long Vang devised a winning strategy to conquer the Forex Prop Firm Challenge. His weapon of choice: the asymmetric compounding money risk management strategy. By immersing himself in trend analysis and maintaining focus on a single trend, Long Vang navigated the challenge with finesse and emerged victorious.

Forex Prop Firm: The Game-Changer

Distinguishing Features of Trading with a Prop Firm

Trading with a Forex Prop Firm diverges significantly from individual trading endeavors. The allure lies in the substantial capital infusion provided by these firms, fostering confidence, and enhancing decision-making capabilities. Long Vang attests to the invaluable support, unwavering satisfaction, and unparalleled trading conditions that define his partnership with Forex Prop Firm.

An Exceptional Experience

Long Vang’s Rating of Forex Prop Firm

Long Vang’s encounter with Forex Prop Firm receives a resounding endorsement. With a high-five rating, he underscores the extensive guidance he received, leading to informed decisions. The transparent trading conditions offered by the firm underscore its commitment to facilitating traders’ success.

The Distinctive Edge

Why Long Vang Opted for Forex Prop Firm

The rationale behind Long Vang’s selection of Forex Prop Firm is rooted in the firm’s reputable stature within the trading domain. Dissimilar to being constrained by limitations, Long Vang highlights the firm’s robust conditions as a determining factor in his choice.

Navigating Challenges

Words of Wisdom for Aspiring Forex Prop Firm Traders

Long Vang’s advice to budding traders embarking on the Forex Prop Firm Challenge is imbued with patience, focus, and optimism. He underscores the time investment required, emphasizing that the journey might extend beyond a month. However, the acquisition of invaluable insights and effective trading strategies renders the pursuit unquestionably worthwhile.

Inaugural Steps to Success

Long Vang’s Top Advice for Novice Traders

For novices venturing into trading, Long Vang advocates commencing with a demo account using a modest sum of $100 to $200. He urges aspiring traders to persevere through challenges, consistently analyze market trends, and maintain an unyielding grip on hope.

Mitigating Risks, Ensuring Success

Long Vang’s Robust Risk Management Approach

Long Vang’s risk management philosophy is anchored in a disciplined trading plan. He adheres to executing one to two trades at a time and, in the event of a loss, takes a pause to regroup, returning with renewed vigor the following week.

A Foundation for Flourishing

Guidance for Novices Joining Forex Prop Firm

Long Vang’s counsel to newcomers embracing Forex Prop Firm involves forging connections with the firm’s experts. He emphasizes a thorough understanding of the firm’s strategies and objectives, instrumental in steering traders toward prosperity.

Unlocking Online Resources

Long Vang’s Valuable Trading Development Tools

Long Vang’s trading arsenal includes the Powerful Price System (PPS), a tool that empowers him to discern market sentiment, whether bullish or bearish. By capitalizing on bullish market conditions, Long Vang enhances his trading prowess.

Trust Forged Through Excellence

Why Long Vang Believes in Forex Prop Firm

Long Vang’s faith in Forex Prop Firm stems from its unwavering professionalism and unparalleled trading acumen. The wealth of knowledge and multifaceted trading strategies offered by the firm set it apart in a sea of trading entities, cementing Long Vang’s allegiance.

Conclusion

Long Vang’s journey from multiple setbacks to remarkable success stands as a testament to the power of persistence, guided by effective strategies and unyielding optimism. Aspiring traders embarking on their own futures trading voyage can draw inspiration from Long Vang’s experience, equipping themselves with invaluable insights that illuminate the path to triumph in the trading world.

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