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Overview of Kingdom Wealth Funding Forex Prop Firm

TheTrustedProp
Date: April 30, 2024

In the world of finance and investment, it's crucial to be well-informed about the opportunities and risks associated with various funding options. Kingdom Wealth Funding, a relatively undisclosed financial entity, has been making waves in the financial industry. In this article, we will delve into the details of Kingdom Wealth Funding, its challenge, and the intriguing aspects that set it apart.

Company Details

Name: Kingdom Wealth Funding

Legal Name: Undisclosed

CEO: Undisclosed

Started in: Information not provided

Registered in: Unknown location

The Challenge

Kingdom Wealth Funding presents a unique challenge to aspiring traders and investors. Understanding the specifics of this challenge is essential for anyone considering participation.

  • Profit Target: 10%
  • Trading Days: 0
  • Daily Drawdown: 5%
  • Max Drawdown: 6%
  • Leverage: 10:20

Account Sizes

Kingdom Wealth Funding offers various account sizes, each tailored to meet different financial needs and risk tolerance. Here are the available options:

  • $25,000
  • $50,000
  • $100,000
  • $300,000
  • $500,000
  • $1,000,000

Unveiling the Unique Proposition

Kingdom Wealth Funding distinguishes itself by offering an enticing proposition to traders:

  • No Time Limit: Unlike many other programs, there is no set timeframe for achieving the profit target.
  • One Phase Prop Firm: The program operates in a single phase, simplifying the trading process.
  • Get Up to $1 Million in Funded Capital: Participants have the opportunity to trade with significant capital.
  • Leverage With Your Skill: Leverage is available, allowing traders to amplify their gains.
  • Keep Up to 90% of All Gains Made: Retain a significant portion of your trading profits.
  • Trade 300+ Instruments: Access a wide range of trading instruments, providing diversification opportunities.
  • Low Spreads and Commissions: Cost-effective trading with competitive spreads and commissions.
  • Weekend Trading: The flexibility to trade on weekends.
  • Fast Payouts: Receive your earnings promptly.
  • No Minimum or Max Trading Days: Trade at your own pace without restrictions on the number of trading days.

How to Get Funded?

Kingdom Wealth Funding has a straightforward process for participants:

  1. Choose Account Size: Select an account size that suits your trading goals, ranging from $25,000 to $1 million.
  2. Reach Target: Trade according to the rules and aim for a 10% gain.
  3. Receive Live Account: Upon successfully meeting the target, you'll receive a live account and can start enjoying the benefits of funded trading.

 

Is Kingdom Wealth Funding the Right Choice for You?

Before you embark on this financial journey with Kingdom Wealth Funding, it's essential to assess whether it aligns with your investment objectives and trading style. Here are some key factors to consider:

Risk Tolerance

While the prospect of trading with leverage and the potential for substantial gains is enticing, it comes with inherent risks. Kingdom Wealth Funding's daily drawdown limit of 5% and maximum drawdown of 6% are parameters you must carefully manage to avoid breaching the program's rules. Assess your risk tolerance and trading strategy to ensure you can navigate these challenges effectively.

Trading Strategy

To succeed in the Kingdom Wealth Funding challenge, a well-thought-out trading strategy is imperative. You have the flexibility to trade as you see fit, but it's essential to adhere to the rules and aim for a 10% profit target. Consider whether your trading style aligns with these requirements and whether you can consistently achieve the target.

Account Size Selection

Choosing the right account size is a crucial decision. Opting for a smaller account may offer lower risk, but it also means limited capital to trade with. Conversely, larger accounts provide more significant funding but come with higher potential drawdowns. Evaluate your financial capacity and trading experience when making this choice.

Compliance and Regulation

Ensure you are compliant with the applicable laws and regulations in your country when participating in Kingdom Wealth Funding. The company accepts traders from most countries but excludes those listed by OFAC. Familiarize yourself with the legal requirements to avoid any complications.

Trading Products

Kingdom Wealth Funding provides access to a diverse range of trading instruments, including FX pairs, CFD indices, metals, equity shares, and cryptocurrencies. Consider your expertise and preference when selecting the assets to trade. Diversification can be a valuable strategy to spread risk.

Expert Advisors and News Trading

If you rely on Expert Advisors (EAs) or wish to trade during news events, Kingdom Wealth Funding permits such strategies, subject to their policy on Prohibited Trading. Ensure you understand the limitations and guidelines for using EAs and trading during news events.

In conclusion, Kingdom Wealth Funding offers a compelling opportunity for traders to access substantial capital and leverage their skills. However, success in this challenge requires careful planning, risk management, and adherence to the program's rules. Assess your readiness, strategy, and risk tolerance before taking the plunge.

Remember, the financial markets are dynamic and unpredictable, and achieving a 10% profit target is not guaranteed. If you believe you are well-prepared for this challenge and can meet its requirements, you can access this opportunity .

Take your time to evaluate the pros and cons, and if Kingdom Wealth Funding aligns with your financial goals, it may be the key to unlocking new opportunities in the world of trading and investment.

FAQs

While weekend trading is allowed, all trades must be closed by 3:45pm EST on Friday. Any open positions after this time will automatically be closed.

The maximum open lots for traders vary based on the account size and risk level: $25K – 2.5 lots with risk $50K – 5 lots with risk $100K – 10 lots with risk $250K – 25 lots with risk $500K – 50 lots with risk $1 million – 100 lots with risk

Yes, if you don't place a trade at least once every 30 days, your account will be considered inactive and subject to breach.

Traders from all countries, except OFAC listed countries, can participate in Kingdom Wealth Funding's program, provided they comply with applicable laws and regulations.

You can trade a wide range of products offered by the broker, including FX pairs, CFD indices, metals, equity shares, and cryptocurrencies.

Subject to the policy on Prohibited Trading, you can trade using an Expert Advisor.

Yes, trading during news events is allowed as long as pricing data from the broker is available.

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