In the dynamic world of forex trading, showcasing one’s skills and abilities on a larger scale is a significant milestone for traders aiming to carve their path to success. The Funded Trader, a renowned platform for prop trading opportunities, has recently introduced exciting updates to its Dragon Challenge, offering traders enhanced opportunities to exhibit their trading prowess.
This blog explores TFT New Account Sizes for Dragon Challenge tailored to meet the diverse needs of aspiring traders.
TFT New Account Sizes for Dragon Challenge
In response to the evolving needs and preferences of traders, TFT has announced the launch of two new account sizes for its Dragon Challenge. These new offerings are designed to cater to traders seeking varying levels of capital allocation and evaluation opportunities. Let’s take a closer look at each of these challenges:
1. $600,000 Dragon Challenge
Initial Fee: $1,485
The $600,000 Dragon Challenge represents a significant opportunity for traders looking to demonstrate their skills on a larger scale. With a substantial capital allocation of $600,000, traders participating in this challenge have the potential to earn substantial rewards for their trading performance. The initial fee for this challenge is $1,485, providing access to a generous capital pool and a platform to showcase trading expertise.
2. $300,000 TFT Dragon Challenge
Initial Fee: $629
For traders who prefer a slightly smaller evaluation opportunity, TFT has introduced the $300,000 TFT Dragon Challenge. With an initial fee of $629, this challenge offers traders access to a capital allocation of $300,000, providing ample room to execute trading strategies and demonstrate proficiency in the forex markets. Despite the lower capital allocation, participants in this challenge still have the opportunity to earn attractive rewards for their trading performance.
About The Funded Trader
As a leading prop trading firm, TFT is dedicated to nurturing trading talent and providing traders with the resources and support they need to thrive in the forex markets. With a focus on flexibility, transparency, and growth, TFT offers a range of challenges and opportunities designed to help traders achieve their goals and unlock their full potential.
In addition to the introduction of new account sizes, TFT offers a range of features and benefits designed to support traders on their journey to success. Some notable highlights include:
- No Maximum Trading Day Requirements: Unlike some other prop trading firms, TFT does not impose maximum trading day requirements, allowing traders the flexibility to trade according to their own schedules and preferences.
- Scaling Plan: TFT offers a scaling plan that allows traders to increase their capital allocation based on their trading performance, providing an avenue for growth and advancement within the firm.
- First Payout After 7 Days with Knight & Dragon Challenge: Traders participating in the Knight & Dragon Challenge can receive their first payout just seven days after joining, providing an immediate reward for their efforts.
- Weekly & Bi-weekly Payouts: TFT offers weekly and bi-weekly payout options, giving traders the flexibility to choose a payout schedule that aligns with their financial goals and needs.
- Profit Share of 75% up to 95% (Depending on the Challenge): TFT offers a competitive profit share structure, with traders earning between 75% to 95% of their trading profits, depending on the specific challenge they are participating in.
- Overnight Holding Allowed: Traders participating in TFT’s challenges are allowed to hold positions overnight, enabling them to capitalize on potential overnight market movements and opportunities.
Conclusion
The introduction of TFT New Account Sizes for Dragon Challenge underscores the firm’s commitment to providing traders with diverse opportunities to showcase their skills and achieve success in the forex markets. Whether traders opt for the $600,000 Dragon Challenge or the $300,000 TFT Dragon Challenge, they can rest assured knowing that they are part of a supportive and empowering community dedicated to their growth and prosperity.
With flexible payout options, a competitive profit share structure, and a range of additional features, TFT’s Dragon Challenge is an ideal platform for traders looking to take their trading to the next level and embark on a path to prop trading success with The Funded Trader.
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