ActualTraders-we provide you with the capital for trading!

Some more basics of our trading application Protrader. With this photo I want to show you the different order entry options with Protrader. You have a possibility to open trades directly on the chart, one click trading(Mouse trading) on the chart, opening orders on watch list and more.



Try out with our Free Trial account. Sign up here.

In addition to the previous photo, here is a great video that shows you the many possibilities of order entry and management with Protrader.

Have a look and learn more:

seems to me you were long when price was going down , huge stop loss saved you , RR2:1 or so , second chart you were short when price was going up., right?

Based on our clients’ requests, we have decided to apply a feature of our TraderTryOut accounts to our Trial Accounts: starting from 1st of March, the trading hours for Trial Accounts will also be 7PM – 4PM EST (New York Time). All positions must be closed before 4PM EST. The reason for this change is that you get a better understanding of how the TraderTryOut works already while trading on your Trial Account. Other rules applicable to TraderTryOut accounts are not applied on Trial Account such as profit target and maximum daily and total loss.

Please note that positions that have not been closed by 4PM will close automatically.

Are you familiar with C# and prefer to write your own indicators?

Protrader has made it easier for you. Here is a great video with instructions on how to write strategies and indicators on C# using Visual Studio and how to add them to your trading application.

In the next couple of days I would like to tell you more about the process of becoming a funded trader with ActualTraders. If you will have any questions along the way or there is something specific you would like to hear about in detail please let me know and I will be happy to tell more.

First Step

We recommend to start with a Free Trial Account to get to know the trading application and the system, especially to those who are not familiar with our trading application, Protrader. You can open your Free Trial Account here. Free Trial Account is meant for testing and does not account to becoming a funded trader.

We have made the Trial Account environment similar to the TraderTryOut Accounts so that traders can get used to the discipline and risk management already while in the Trial phase. The trading hours on Trial Account are 7PM – 4PM EST (New York Time) like on TraderTryOut Accounts. All positions must be closed before 4PM EST and during major news events. However, other rules and targets do not apply to Trial Account. So you can freely test and get to know the trading application.

This step is not mandatory and if you are confident with your trading you can skip it. Also it is not mandatory to trade for the whole 15 days that the Trial Account is valid. You can proceed to the next step and upgrade your account to one of the TraderTryOut´s whenever you are ready.

Tomorrow I will tell you in more detail about our TraderTryOut plans and how you can become a funded trader.

Second Step

TraderTryOut-test to get evaluated and start trading our money.

TraderTryOut accounts are designed to evaluate traders risk management skills and trading performance. These accounts have specific rules that traders need to follow as well as a profit target that needs to be achieved in order to pass the test successfully. These rules include maximum position size, maximum daily loss and maximum total loss. You can read in more detail about the TraderTryOut plans and the rules here.

With a TraderTryOut account you also get access to an extended Dashboard functionality to assist you in risk management and keep track of your achievements. Below you can see what this view looks like:



TraderTryOut plans have a monthly fee which is to ensure that the trader has some skin in the game and thus a bit of trading psychology is involved too. This fee is paid only once if you pass the test during the first month. However, there is no time limit for this account, so you can also take your time and trade over couple of months to pass the test successfully. Also if you happen to fail the test during your first try, you can open a new account and start fresh.

Once you have passed the TraderTryOut successfully we are happy to welcome you among our ActualTraders! This is when you start trading our money and you earn from profits made. I will talk about this account more tomorrow If you have any questions so far please feel free to ask.

Third Step

Trading our funds as an ActualTrader and earning a major share of the profits.

This is your goal when you start trading with ActualTraders on your TraderTryOut account. Once you have come to this point, we provide you with an account for trading, so you do not need to deposit any money yourself and the monthly fee that was associated with your TraderTryOut account does not apply for this account. So, all you need to do is to keep on trading, do your risk management well, abide to live trading rules and cash your share of the profits. Also, there is no pressure from a specific profit target for a given time, but rather you can trade at your own pace.

The share of the profits you get depends on the profit you have made in the account. The more you make the higher your share. Also, if you decide to withdraw some of your profits at some point this does not affect the percentage of the profits you get. The percentage is calculated from all the profits you have made since you have started trading our money as an ActualTrader. You can see what the exact percentage share is here.

If you are wondering what will be the rules for this account, they will depend on which TraderTryOut you passed. You can see the live trading rules here. By these rules, I mean maximum position size, maximum daily loss and maximum total loss. However, whether you have started with a Light plan or Pro plan, once you are trading our funds as ActualTrader, you have a chance to get better conditions over time depending on your trading and risk management skills.

If you have any questions, please feel free to ask and I will be happy to help.

How pending orders work on ActualTraders funded account?

As opposed to most FX brokers, our Pending orders, both stop and limit orders, are sent to LMAX and handled as native orders by the exchange.

Why is this important for you?

- No latency after order has been accepted.
- Not reliant on network or hardware failures.

Also TP/SL orders bound to a position are handled this way.

Using the Quick SL/TP functionality in Protrader

A very quick and easy way to input or change SL/TP orders bound to a position.

Why there is no balance in ActualTrader´s trading accounts?

Many traders have asked us about why there is no balance, what the maximum leverage is etc. We want our traders to focus on what is relevant i.e. managing risk and trading entries and exits (in this order). Because of this the trader is given simple limits and rules to follow: maximum position size, loss limits and profit targets. This eliminates the need to stare at one’s account balance and the emotions that go with it. We believe this approach makes it a little bit easier to focus on what is actually relevant.

why not mt4 so every body can party instead of learning new platform

We have tested several platforms and as we're planning to add other asset classes too in the future, Protrader is our choice as in our opinion MT4 is best suited for FX only.

Today we have made our Blog available to all our clients and website visitors. You can now read some thoughts from our Head of Trading, Mika Kanerva, on our blog and share your ideas with him. Here is the link to our Blog https://actualtraders.com/blog . You can also follow Mika´s thoughts on a daily basis on our twitter account by subscribing here https://twitter.com/ActualTraders .

How stops are triggered when trading live as an ActualTrader?

When trading on LMAX, our buy stops are triggered when the Bid price reaches or breaches the trigger price, and sell stops are triggered when the Ask price reaches or breaches the trigger price.

Why is this important?

Most retail platforms trigger buy stops based on the Ask price and sell stops based on the Bid price. Because of this traders often get stopped out when the spread widens before news etc. The way we/LMAX works ensures this will not happen. Normally there is a bit of slippage unlike in retail platforms, but we feel that this is the only sensible way to handle stop orders.

Do you have times when you are not sure whether to trade or not?

Our head of trading Mika Kanerva is sharing his thoughts on the current market situation. He also shares his thoughts on what to do in difficult market situations.
You can read the Blog article here: https://actualtraders.com/blog/taking-a-break . We would love to hear your opinion on this article and your thoughts on what is the best thing to do in such difficult situations that are so familiar to every trader.

You can also follow Mika´s thoughts on a daily basis on our twitter account by subscribing here https://twitter.com/ActualTraders

He wrote " small losses and profits but once or twice a year real opportunity arises and that is when real money is made." This guy knows shit about currency trading ....

How much is the monthly fee? I didn't find any mention of it on your website.

Hi,

The monthly fee is 185€ for the TraderTryOut Light and 350€ for the TraderTryOut Pro test. You only pay until you pass the test or cancel the subscription i.e. once you are trading our money, there is no monthly fee. You can find more info about our trading plans here: https://www.actualtraders.com/trading-plans

No metatrader..No fun....