FundYourFX - Instant Funding. Zero loss liability. Refundable Fee. (2024)

FAQs

How to get a free funded account? ›

Demonstrate Your Ability:

Showcase your trading skills, risk management prowess, and consistency whether you're participating in trading challenges, competitions, or partnership searches. Your chances of becoming eligible for funded accounts will increase as a result.

FTUK is a reputable prop firm with instant funding accounts, which attracts seasoned traders who want to access large trading capital without a lengthy evaluation process. The funding range is from 14k to 5 million USD with a profit share of 80% and maximum leverage of 1:100.

Yes, the forex market can be a legitimate way to trade and invest. Forex, short for foreign exchange, is the largest financial market in the world. Average daily trading volume in the forex market can hit over $7.5 trillion, according to the latest survey by the Bank of International Settlements (BIS).

On a funded account, losing a large amount of money does not mean much. Even if it results in losing your funded account, you can still try to pass the evaluation at the same firm again or just join another one. Ultimately, you do not risk much and do not lose much.

Instant Funding is rated 1.4 out of 5 from 22 reviews on ScamAdviser and 2.2 out of 5 from 8 reviews on Trustpilot. There are very few positive customer reviews about instantfunding.ca available online.

According to Traders Union, some trustworthy prop firms are FTMO, The Trading Pit, Funded Next, and TopStep. This conclusion was reached based on a thorough analysis and evaluation of prop companies on more than 100 parameters.

Proprietary trading firms often provide evaluation accounts where you prove your trading skills. Usually, you pay a one-time fee to enter this “challenge.” If you lose money during this evaluation, you won't owe anything beyond the initial fee.

Well, this depends on how much you're risking per trade. If you risk $1000, then you can make an average of $20,000 per year. If you risk $3000, then you can make an average of $60,000 per year. If you risk $5000, then you can make an average of $100,000 per year.

Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.

Will I get a refund of my Forex application does not get processed? Yes, it will take around 2 business days for the refund to be processed and 3-5 business days for the refund amount to show up in your account.

Can I withdraw money from my Forex account? ›

You can withdraw money from a forex account when you have accumulated your profits in that account.

Recovering lost money from Forex investments depends on various factors like the circ*mstances of the loss, broker reliability, and legal recourse.