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Anyone knows anything about funded account challenge?

  • Post #1
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  • First Post: Mar 3, 2022 4:01am Mar 3, 2022 4:01am
Hey everyone, not wanting to spam or suggest anything, I wanted to ask if any of you has taken the so-called Funded Account Challenge some brokers offer?

Is it a scam or it's actually a good deal?

Thanks!
Quoting arigoldman
Hey everyone, not wanting to spam or suggest anything, I wanted to ask if any of you has taken the so-called Funded Account Challenge some brokers offer? Is it a scam or it's actually a good deal? Thanks!
FTMO is the real deal. They basically give you a demo account that is connected to a master account after you've passed the challenge and verification.
Risk Management is of utmost importance!
I saw this article and figured it could be a good way to try a new strategy?

https://www.start-business-online.co...enge-a-80.html

If i understand correctly, once you deposit and pass the challenge, you get your money back and trade with the broker’s money so there’s absolutely no risk. Anything i’m missing?
  • Post #4
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  • Last Post: Mar 3, 2022 6:26am Mar 3, 2022 6:26am
Quoting arigoldman
I saw this article and figured it could be a good way to try a new strategy? https://www.start-business-online.co...enge-a-80.html If i understand correctly, once you deposit and pass the challenge, you get your money back and trade with the broker’s money so there’s absolutely no risk. Anything i’m missing?
Search for FTMO, they run a legit program.
However, you may want to note that: even if you pass the challenge, you will not be given real money to trade on. You will be given a demo account that is connected to the firm's master account. They do it this way, so they have some control over your trades. No matter the tools, you will be given all the profit you make in your "live" account.
Risk Management is of utmost importance!
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