The Funded Trader has launched its updated Royal Pro Challenge, designed to meet the specific needs and preferences of its community. After surveying over 2,700 traders, the firm has crafted a program that directly reflects their feedback, introducing several key features that set it apart from previous challenges.
The Royal Pro Challenge now incorporates unrestricted news trading, a feature that emerged as the top priority for traders. Nearly 60% of survey respondents expressed the importance of trading without limitations during major market events, leading The Funded Trader to make it a central element of the new challenge.
Updated Royal Pro Challenge: A New Era in Prop Trading
In response to another popular demand, the firm has tailored the daily profit rules. The majority of traders selected the option featuring a 2% daily profit cap alongside a minimum daily profit requirement of 0.10% over five consecutive days. This flexible structure allows traders to aim for consistent growth without the pressure of overly restrictive targets.
Additionally, the firm has updated its drawdown rules based on feedback regarding equity and balance drawdowns. 57% of respondents favored a daily drawdown based on equity but with a soft breach allowance. The firm has implemented this preference while also enhancing the challenge with a balance-based daily drawdown, providing a more trader-friendly structure with a soft breach.
The Funded Trader emphasized that they have carefully listened to their traders’ feedback and are excited to introduce a challenge that directly addresses their needs. The Royal Pro Challenge is designed to provide traders with the freedom to operate under the rules they value most, ensuring a fair and flexible experience for all participants.
The updated Royal Pro Challenge is now live, and traders can expect more survey-driven updates in the future as the firm continues to evolve its offerings.
About the Firm
The Funded Trader is searching for passionate and experienced traders who will succeed with their funds’ help by showing skills in unpredictable market conditions. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $200,000 and receive up to 95% profit splits.
Also, use our Discount Code (FOREXPROPREVIEWS) for a 10% Discount or read the Review.
