Sponsored by The5%ers Trading Fund:
Risk free trading sounds like an oxymoron, yet it does exist while taking your trading career forward so you can apply for a Forex trading job at a remote proprietary trading fund.
The concept is simple. You bring the talent, while the prop firm brings the capital fund.! It’s a win-win situation, because with great talent, everyone wins when trading!
The best part is the fund will share the profits with you equally, while all the losses will be fully covered by the proprietary fund. It can be a great relationship.
Never Risk Your Own Money
If you’re a profitable trader, you know that you should never have to risk your own money. A prop fund provider like The5%ers understands that, which is why they invite you to trade with the company’s money under a trading contractor relationship. You don’t have to risk your own money, and if you’re a profitable and consistent trader, this is the best opportunity for you to work with a prop house firm.
If the fund finds that your skills are a good match, obviously, they’ll ask you to manage higher capital live trading account entirely with their self-capital, and they’ll never ask you to deposit a single dollar out of your own pocket.
Zero Deposit For Live Forex Account
A prop company’s mission is to hire traders who are capable of managing the fund’s own capital. If they find you’re suitable and you get accepted, you’ll be provided with a high capital live account, and you can begin trading with the funds right away. The great thing about this account is that it comes with a 50% profit ownership contract.
You don’t have to deposit any funds or even open a trading account. All you need to bring with you is your talent, and the fund will provide you with the rest.
You Take the Profit and the Fund Covers the Loss
This is where trading for a proprietary fund creates a difference, because they don’t ask you to cover the loss. Whenever you end up making a profit, the fund pays the entire half you have earned. On the flipside, if you make a loss, you don’t have to worry, because the prop firm will bear that loss from its own account.
The reason a prop firm does this is because the fund management trusts its the traders. The firm has already qualified its traders who have passed its evaluation procedure before they began working for the firm. You must be a profitable, disciplined, and consistent trader in the first place. If you’re a natural trader, You can get paid to trade while the fund takes all the risk from you.
Being on the Same Team
Another aspect of risk in trading is trusting your liquidity provider. When you trade in a prop firm framework, you can be assured that the motivation would always be to support your efforts to generate profits. The company shares the same outcome with their traders, simply because the prop fund’s business model is to earn directly from the market, and if a trader wins, so does the firm. Traders can feel confident that the fund they trade for will promote their success.