HOT TIP: Unleash your trading potential with Monevis®
Introduction to Skilled Funded Traders
Skilled Funded Traders is a revolutionary platform that supports ambitious traders who lack the necessary capital to kick-start their careers in the trading industry. It provides prospective traders with the financial resources needed to trade in Forex, futures, and other financial markets.
How Does Skilled Funded Traders Work?
Skilled Funded Traders operates under a very simple model. It offers a funding program that allows traders to trade without risking their own capital. Traders sign up for the program and upon approval, they are provided with a funded trading account. The trader then proceeds to trade with the funds provided, while sharing a percentage of the profits with Skilled Funded Traders.
Business Results and Number of Clients
Skilled Funded Traders has shown significant growth in its business over the years. The company has funded thousands of traders around the globe, making it a reputable platform for traders looking to enter the world of financial markets. It boasts of a large client base comprising both novice and experienced traders.
Advantages of Skilled Funded Traders
No Risk of Personal Capital Loss
With Skilled Funded Traders, the risk of losing personal capital is eliminated. Traders are provided with company funds to trade with, allowing them to focus on making profitable trades without the added stress of risking their own money.
Access to High-Quality Educational Resources
Skilled Funded Traders offers a wealth of educational resources to its clients. These resources include webinars, video tutorials, and articles that cover various topics in trading. This support helps traders to continually improve their trading skills and knowledge.
Affiliate Program
The company also runs an affiliate program that allows partners to earn a commission for referring new clients. This provides an additional income stream to traders and businessmen alike.
Disadvantages of Skilled Funded Traders
Profit Sharing
While the company provides a fully funded account, it is worth noting that traders are required to share a percentage of their profits with Skilled Funded Traders. This could be a disadvantage for some traders who wish to keep all their profits.
Strict Trading Conditions
Traders are also required to adhere to strict trading conditions, including maintaining a minimum trading volume and not exceeding a specified drawdown. Failure to meet these conditions could result in the termination of the funded account.
Fees, Costs, and Commissions
Skilled Funded Traders operates a transparent fee structure. The company charges a one-time setup fee upon the approval of a funded account. Traders are also charged a monthly service fee which covers the provision of trading platforms, charts, and data feeds.
The profit-sharing structure is typically a 80/20 split, where the trader keeps 80% of the profits and Skilled Funded Traders retains 20%. However, the exact percentage may vary depending on the size of the funded account.
Conclusion
Skilled Funded Traders offers a unique opportunity for traders to enter the financial markets without risking their own capital. Despite the profit-sharing arrangement and strict trading conditions, the benefits, including access to high-quality educational resources and a lucrative affiliate program, make it an attractive option for both novice and experienced traders.
The transparent fees, cost, and commission structure further enhance the trustworthiness of the platform. Therefore, Skilled Funded Traders remains an appealing proposition for individuals looking to kick-start or grow their trading careers.
HOT TIP: Unleash your trading potential with Monevis®
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