Maximise Funded accounts
Maximise Funded accounts
involves moving from smaller, less costly programs to those with higher potential payouts and
larger account sizes:
● Topstep or My Funded Futures: Begin with futures trading since these platforms are
generally more affordable for initial funding.
○ Topstep offers the Trading Combine, where you can earn a funded account with
up to $150,000 in capital by meeting certain profitability and risk management
targets. Once you've demonstrated consistency and profitability, you can secure
payouts. For example, securing five winning days with $200/day can lead to a
$5,000 payout.
● After securing a payout from your futures account, move to FTMO, which is known for its
reliability and offers funding up to £200,000 on a demo account.
○ The FTMO Challenge involves two phases where you need to achieve profit
targets while adhering to risk management rules. Once you pass both phases,
you're eligible for a funded account. With a 5% profit target on a £200,000
account, reaching that could mean a £10,000 payout, assuming you maintain the
necessary risk profile. FTMO is praised for its structured evaluation process and
educational resources.
● Utilize the profits from FTMO to further diversify your funded trading opportunities:
○ Maven Trading might be your next step, known for its competitive profit splits and
account sizes. It caters to skilled traders looking for substantial leverage and
capital, offering up to $100,000 in funding.
○ Funding Pips provides another avenue for forex traders, with account sizes up to
$300,000. They are noted for their trader-friendly policies, like no daily loss limits
in some programs, which could suit traders with aggressive strategies.
This strategy involves starting with a less costly entry into funded trading, using the gains to
fund your progression into larger, more diverse trading environments. Each step builds on the
last, providing a pathway to increase your trading capital, experience, and potential profit while
managing risk through the structured evaluation processes of each firm. Remember, success in
these programs depends significantly on your trading strategy, discipline, and ability to adapt to
the specific rules of each prop firm.
Here's the strategic progression from Topstep through to Tradeify with additional firms
added:
Step 1: Topstep
Step 2: FTMO
● Objective: Leverage another platform for forex trading with favorable conditions.
● Action:
○ Use profits from FTMO or Maven to enter Funding Pips' program.
○ Pass their evaluation for access to their funding.
○ Trade under their conditions, which include no daily loss limits in some programs.
Step 5: The5%ers
● Objective: Engage with a newer or niche prop firm for potentially unique trading
opportunities.
● Action:
○ Invest in Tradeify with the capital from previous successes.
○ Navigate through their challenge or funding criteria.
○ Explore different trading strategies or markets offered by Tradeify.
This progression is designed to incrementally increase your trading capital, diversify your
trading experience, and potentially enhance your profitability by leveraging the strengths of each
firm, from well-established names like Topstep and FTMO to newer or specialized firms like
Tradeify. Remember, each step requires passing evaluations, maintaining discipline, and
adapting your trading strategy to the specific rules of each prop firm.