Overview of Billions Club Forex Prop Firm
TheTrustedProp
Date: April 27, 2024
In the world of online trading, finding a trustworthy partner is essential to your success. Billions Club, under the legal name BLN Tech Club DMCC, is a pioneering company that has been making waves since its inception on July 18, 2023. Based in Dubai, UAE, Billions Club has carved a niche for itself, offering unique trading opportunities and a path to financial independence. In this article, we'll delve into the details of this innovative company and its trading challenges, helping you understand why it might be the perfect partner for your trading journey.
Company Details
Name: Billions Club
Billions Club operates under the name "Billions Club" and is registered as BLN Tech Club DMCC in Dubai, UAE. While the CEO's identity remains undisclosed, the company's track record speaks for itself.
A Modern Prop Trading Firm
Billions Club offers a unique proposition to aspiring traders. It provides virtual capital, education, and an impressive 90% profit split right from the beginning. This means that you can trade with virtual money and enjoy real profits without risking your personal funds. The company covers any losses you may incur, making it an excellent platform for both novice and experienced traders.
The Billions Club Trading Challenge
One of the standout features of Billions Club is its challenging program, consisting of two phases designed to test and hone your trading skills.
Phase 1
- Minimum Trading Days: 3 days
- Maximum Trading Days: No limit
- Profit Target: 8%
- Max Daily Drawdown: 4%
- Max Overall Drawdown: 9%
Phase 2
- Minimum Trading Days: 3 days
- Maximum Trading Days: No limit
- Profit Target: 5%
- Max Daily Drawdown: 4%
- Max Overall Drawdown: 9%
These challenging phases allow you to demonstrate your trading prowess and, if successful, manage larger amounts of virtual capital. The best part is that you get to keep 90% of the profits you make as real cash.
Account Sizes
Billions Club caters to traders with various experience levels and financial capacities. They offer account sizes ranging from $5,000 to $200,000, making it accessible to a wide audience.
Key Benefits of Choosing Billions Club
1. 90% Profit Split
At Billions Club, you receive a generous 90% share of virtual profits as a reward for your trading efforts. This policy is in place from day one, motivating you to strive for success.
2. Transparent Pricing
Billions Club offers transparent pricing with competitive raw spreads and low commissions. This ensures that you maximize your profits while minimizing trading costs.
3. No Limits in Trading Style
You have the freedom to trade over 100 instruments according to your preferred style and strategy without any restrictions or limitations.
4. Unlimited Trading Days
Unlike some trading platforms, Billions Club doesn't impose any time limits. You can hold your trades over the weekend or during news events, providing flexibility that many traders appreciate.
5. Weekly Payouts
Billions Club offers weekly payouts via cryptocurrency or bank transfer, ensuring you have timely access to your profits.
6. Professional & Regulated Broker
Partnered with Purple Trading Seychelles, a professional and regulated broker, Billions Club provides a secure and trusted trading environment.
How Billions Club Works
Billions Club has developed a unique Assessment Program that identifies top-performing traders. This program tests your trading abilities, and if you pass, you'll have the opportunity to trade simulated capital for their partnered Proprietary Trading Firm.
The team behind Billions Club comprises experienced tech entrepreneurs and traders who are committed to your success. They provide daily content, ensuring transparency and professionalism are maintained.
Our Mission
Billions Club's mission is to empower traders with exceptional products and top-notch education, equipping them with the tools and knowledge needed to succeed in the dynamic world of trading. Transparency and commitment to quality are at the core of their values, ensuring long-term relationships with their traders.
Conclusion
Billions Club, operating under the legal name BLN Tech Club DMCC, is a modern prop-trading company that empowers traders to achieve financial success. With its unique trading challenges, transparent policies, and commitment to professionalism, it stands as a reliable partner for traders of all levels. If you're looking to embark on a successful trading journey, consider joining Billions Club today.
FAQs
1. Can I Use EAs/Indicators?
Yes, you can use EAs and indicators, but be cautious about their sources. Pre-specified strategies are prohibited.
2. What Does the Copy Trading Rule Mean?
You can copy trades from your Billions Club account, but copying from others is not allowed.
3. Can I Trade Over the Weekend and During News Events?
Yes, you can hold trades during these periods, but remember that markets can experience significant moves during such times, so proper risk management is crucial.
4. What Does the Scaling Plan Mean?
The Scaling Plan allows traders to increase their account size by 25% after successfully completing Phase 2, aligning with market standards, and without minimum profit requirements.
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