Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
Third-party copy trading risk
E8 Funding has developed a user-friendly experience with essential information every trader needs, as well as the industry’s best technology to back it. The main priority that they expect from their traders is that they are disciplined individuals who prioritize managing risk while also focusing on long-term consistency.
True Forex Funds requires traders to pass their 2-Phase Evaluation Program to get access to their company’s capital. You need to put your skills to the test and demonstrate that you can achieve your Profit Targets. Since they are looking to invest only in disciplined traders, they set a few simple Trading Objectives that should be met.
CTI has extensive expertise over an accumulated four decades. It is providing its traders to trade multiple assets and experience providing them with robust solutions. The firm has a goal for its clients, which is a path towards financial freedom. This can be achieved by joining one of the three available funding programs.
The Funded Trader follows a belief that every retail trader deserves an opportunity to raise capital based on their performance and commitment to building their own business. They are searching for passionate and experienced traders who will succeed with the help of their funds by showing skills in various market conditions.
FundedNext offers forex traders up to $300,000 funds to financially empower them and help them earn full-time while also being able to scale further. Depending on their preferences, traders can choose from four funding program options: evaluation model, express model, one-step Stellar challenge, and two-step Stellar challenge.
Funded Trading Plus is one of the fastest growing prop firm providers. This is not surprising when you see the range of programs they offer. They provide simple straightforward rules, offer up to a 90% profit split and have competitive pricing. The entry level program starts from $12,500 and you can trade up to $2,500,000.
The5%ers Funding Traders & Growth Program launched in 2016, aiming to provide full-time traders with higher capital than ordinarily available to them. They are passionate and dedicated to this profession. The5%ers are an officially registered UK company based in London while their headquarters are located in Israel.
Finotive Funding is a proprietary firm founded by Oliver Newland, who understands that capital is, in most cases, the biggest obstacle to becoming a full-time trader. His goal is to create a process that will allow a way for retail traders worldwide of growing their capital and allowing them to generate significant returns.
Lux Trading Firm is one of the leading proprietary firms with an office based in London and Slovakia, Bratislava. They specialize in supporting experienced prop traders and commit to helping them excel by providing the necessary tools and the capital they need to compete in the unpredictable market conditions.
Alpha Capital Group offers funding up to $2,000,000 for profitable traders who can demonstrate an ability to react to the markets, manage risk and most importantly generate profits. In addition, traders are provided with a platform that includes various benefits to assist traders of all levels on their trading journey toward success.
