Trader Funding Program, operated by Forex Analytix LLC and led by CEO Blake Morrow, has been a cornerstone in the trading community since 2020. Based in Scottsdale, Arizona, this firm offers a unique opportunity for traders to access live funded accounts without risking their own capital.
The program features a single evaluation process with specific criteria: a daily maximum drawdown of 5%, a maximum account trailing drawdown of 6%, and an equity growth target of 10% ($2,500) to qualify for a live account. There is no time limit to achieve these targets, but traders must make at least one trade every 30 days to avoid account closure due to inactivity.
Once qualified, traders can choose from account sizes ranging from $25,000 to $1,000,000. The profit-sharing model is highly attractive, allowing traders to keep 75% of the gains, with an option to increase this to 90% for an additional fee. The flexibility to withdraw profits at any time and the ability to compound the account further enhances the trading experience.
The Trader Funding Program stands out by providing extensive support through the Forex Analytix community. Traders benefit from daily webinars, live chat rooms, trade ideas, and comprehensive market analysis. The program’s technology ensures that traders have access to real-time data, notifications, and support via mobile devices.
To succeed, traders must demonstrate their skills by generating a 10% return without exceeding a 6% overall drawdown or a 5% daily drawdown. The program emphasizes sound risk management, requiring a stop-loss on every trade unless the trader opts for an additional feature to bypass this rule.
Forex Analytix’s Trader Funding Program offers a supportive and dynamic environment for traders to grow their skills, access significant capital, and retain a substantial share of their profits. With its merit-based approach, the program ensures equal opportunity for traders worldwide, provided they comply with applicable laws and regulations.