Trading Challenges

Another Forex Prop Firm Bites The Dust, Meet Fortunes Funding

Fortunes Funding was a prop firm that specialized in evaluating experienced traders and funding traders upon their completion of the 2-phase evaluation process (challenge). Traders who successfully completed the evaluation process got the chance to join Fortunes Funding’s prop trading firm to manage funds and grow their accounts from the comfort of their home. Traders […]

Skilled Funded Traders Shuts Down Same Day as The Funded Trader

It happened again! What is going on with prop firms these days? Recently we have reported that the prop firm “The Funded Trader” has stopped its operations, and now we regret to inform you that it happened again. A proprietary firm that goes by the name Skilled Funded Traders have also closed their doors. […]

Understanding Social Trading and Social Trading Tools

What is social trading and social trading tools Social trading is a contemporary phenomenon that amalgamates traditional trading practices with social networking principles. At its core, social trading enables investors to observe, follow, and even replicate the trading decisions of experienced traders in real-time. This collaborative approach to investing transcends geographical boundaries and empowers individuals […]

FundedNext vs OFP, A Profit Share Showdown

Introducing FundedNext, where a captivating dance between challenges and profit sharing takes center stage… At the expense of traders. Let’s get to know their intriguing challenges: Evaluation, Express, and Stellar, each a puzzle in its own. And let’s not forget the 15% profit share, a figure that has certainly raised some eyebrows. FundedNext’s Challenge Chronicles […]

Trading challenge: The pros and cons

Trading challenges have both advantages or disadvantages, one can gauge a forex trading firms them depending on various informations, PROS Capital: The access to a greater capital if the challenge is successfully passed Trading conditions: In some cases, good spreads and execution speed and good trading conditions overall Trading bots: Traders can utilize EAs, Algos, […]

How forex trading challenges work ?

Most prop firms give traders challenge evaluations, which are composed of 2 stages. Phase 1 Verification phase 2 The first stage of the evaluation process is the challenge. The forex Challenge stage has rules to be followed, and the Profit Target must be hit in order to obtain live funds. The maximum time limit in […]