Tag: 5 tier prop firm

Nov 07
Funded Accounts vs. Your Own Money: Which Is Better?

When starting in trading, one of the first decisions you’ll face is whether to trade using your own money or a funded account. Both options have advantages and disadvantages, and understanding them is key to making the right choice. Trading with Your Own MoneyUsing your personal capital gives you full control over your trades and […]

Nov 07
Pros and Cons of Using a Funded Account

A funded account is a trading account where a firm provides the capital, allowing a trader to trade without risking their own money. While funded accounts can be a great opportunity for traders, they come with both advantages and disadvantages. Understanding these pros and cons is essential before getting started. Pros of Using a Funded […]

Nov 07
What Is a Funded Account and How It Works

A funded account is a trading account where a trader is given capital to trade, instead of using their own money. This is commonly offered by prop trading firms, which look for skilled traders to manage real market funds under specific rules and risk limits. The concept is straightforward: the trader trades the firm’s money, […]