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Overview of Frontier Trading Forex Prop Firm

TheTrustedProp
Date: May 11, 2024

In the world of financial challenges and opportunities, one name stands out – Fortunes Funding. Founded by James Storm on February 18, 2021, in Cresco, Pennsylvania, Fortunes Funding LLC has carved a niche for itself in the trading arena. In this article, we will delve into the company's details, its unique challenges, benefits, and frequently asked questions.

Company Details

Name: Fortunes Funding
Legal Name: Fortune Funding LLC
CEO: James Storm
Started: February 18, 2021
Registered: Cresco, Pennsylvania, United States

Challenge Details

Fortunes Funding offers traders two intriguing challenges - the 1-Phase challenge and the 2-Phase challenge. Let's explore these challenges in detail.

1-Phase Challenge

Step 1 - Evaluation

  • Trading Period: Unlimited Days
  • Minimum Trading Days: 1 Day
  • Trading Leverage: 1:30
  • Maximum Daily Loss: 3%
  • Maximum Overall Loss: 6%
  • Virtual Profit Target: 10%

Step 2 - Fortunes Account: Funded

  • Trading Period: Unlimited Days
  • Minimum Trading Days: 1 Day
  • Trading Leverage: 1:30
  • Maximum Daily Loss: 3%
  • Maximum Overall Loss: 6%
  • Virtual Profit Target: None

Account sizes: 5000$, 10000$, 25000$, 50000$, 100000$, 200000$.

2-Phase Challenge

The 2-Phase challenge offers two variations: the regular challenge and the swing challenge.

2-Phase Challenge (Regular)

STEP - 1 CHALLENGE

  • Trading Period: Unlimited
  • Minimum Trading Days: 0 Days
  • Trading Leverage: 1:100 Maximum Leverage
  • Maximum Daily Loss: 5%
  • Maximum Overall Loss: 10%
  • Profit Target: 9%
  • Weekend Holding: No
  • News Trading: No
  • First Withdrawal: X
  • Profit Split: X

STEP - 2 VERIFICATION

  • Trading Period: Unlimited
  • Minimum Trading Days: 0 Days
  • Trading Leverage: 1:100 Maximum Leverage
  • Maximum Daily Loss: 5%
  • Maximum Overall Loss: 10%
  • Profit Target: 4.5%
  • Weekend Holding: No
  • News Trading: No
  • First Withdrawal: X
  • Profit Split: X

STEP - 3 FUNDED TRADER

  • Trading Period: Indefinite
  • Minimum Trading Days: None
  • Trading Leverage: 1:100 Maximum Leverage
  • Maximum Daily Loss: 5%
  • Maximum Overall Loss: 10%
  • Profit Target: None
  • Weekend Holding: No
  • News Trading: No
  • First Withdrawal: 21 days
  • Profit Split: 80%-90% with scaling

Account sizes: 5000$, 10000$, 25000$, 50000$, 100000$, 200000$, 300000$.

2-Phase Challenge (Swing)

STEP - 1 CHALLENGE

  • Trading Period: Unlimited
  • Minimum Trading Days: 0 Days
  • Trading Leverage: 1:30 Maximum Leverage
  • Maximum Daily Loss: 5%
  • Maximum Overall Loss: 10%
  • Profit Target: 9%
  • Weekend Holding: Yes
  • News Trading: Yes
  • First Withdrawal: X
  • Profit Split: X

STEP - 2 VERIFICATION

  • Trading Period: Unlimited
  • Minimum Trading Days: 0 Days
  • Trading Leverage: 1:100 Maximum Leverage
  • Maximum Daily Loss: 5%
  • Maximum Overall Loss: 10%
  • Profit Target: 4.5%
  • Weekend Holding: Yes
  • News Trading: Yes
  • First Withdrawal: X
  • Profit Split: X

STEP - 3 FUNDED TRADER

  • Trading Period: Indefinite
  • Minimum Trading Days: None
  • Trading Leverage: 1:100 Maximum Leverage
  • Maximum Daily Loss: 5%
  • Maximum Overall Loss: 10%
  • Profit Target: None
  • Weekend Holding: Yes
  • News Trading: Yes
  • First Withdrawal: 21 days
  • Profit Split: 80%-90% with scaling

Account sizes: 5000$, 10000$, 25000$, 50000$, 100000$, 200000$, 300000$.

Other Details

Fortunes Funding welcomes traders with open arms, offering a plethora of benefits:

  1. No minimum days: Get Funded as soon as you hit the target.
  2. Lowest Phase 2 Target: Increase your chances of passing our challenge with a phase 2 target of 4.5%.
  3. Trade your style: Expert Advisors (EAs) and weekend holding are allowed.

Payout System

The default payout ratio for all Fortunes Funding Traders is set to 80:20. However, an 80% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Fortunes Funding Account by 25%, the payout ratio will also automatically change to a staggering 90:10, and you will be allowed to withdraw your profits every 14 days! All Fortunes Funding Traders can request payout 21 days after they get funded.

For You

Fortunes Funding has your back, especially if you can't access large sums of capital. They are here to support and advise you during your trading journey.

 

In conclusion, Fortunes Funding is your gateway to trading success, offering unique challenges, generous benefits, and a supportive team. Don't miss your chance to embark on a profitable trading journey!

FAQs

At Fortunes Funding, Expert Advisors (EAs) adhering to real market conditions are allowed, but be cautious not to modify your trading or investor password.

Yes, news trading is allowed, but there are restrictions during certain times. Violations may result in profit deductions.

Yes, you can use your account as a master account for copy trading, but there are guidelines to follow.

Traders with Swing Accounts can retain trades over the weekend, while Regular Accounts have restrictions.

Yes, after 3 months of trading your Simulated Funded Account, if you meet specific criteria, you can scale your account for more profits and faster withdrawals.

You can trade a wide range of instruments, including Forex Pairs, Commodities, Major Indices, and Crypto, during all phases.

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