Online trading companies funded forex account
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THE PLATINUM FUNDED TRADER PROGRAMME
The platinum trading academy is famous for turning regular everyday traders into profitable professionals. If you have the ambition, discipline, and patience to succeed, then you are the perfect candidate for our platinum funded trader programme!
Exclusive to residents of the UK, USA, europe, and australia
FAST TRACK
YOUR FOREX
With the current economic climate, starting a career trading within a bank or financial institution is incredibly difficult. We are firm believers in the ability of retail traders around the world, and want to do everything we can to support the next generation of trading elites. We believe the future of trading is in you!
WE BELIEVE IN
DETERMINATION
At platinum, we believe in determination. We are searching for ambitious, determined individuals, looking to expand their trading portfolio and enhance their trading skills to the next level.
Why join the platinum trading team?
Trading account, fully funded
Not liable for account losses
Exclusive professional trading system
Apply now and open your new fully-funded account!
Exclusive to residents of the UK, USA, europe, and australia
CEO, platinum trading academy
Trading account, fully funded
Once approved, you’ll receive your fully funded trading account within minutes. From £10,000 to £2,000,000*
Fair profit share
Our partnership is an even 50-50 split, we provide the capital, you provide the trading. Simple.
Exponential growth
Each time you reach your target, we’ll double the size of your trading account on the spot.
Committed partnership. Unparalleled connection. The platinum trading academy is famous for turning regular everyday traders into profitable professionals, we believe ourselves to be the best at what we do. We trade a number of currencies, commodities, indices, and other asset classes on a number of exchanges with our own trading capital. We do not control any client funds. When you join us, it is strictly in a partnership capacity. We do not give out trading advice. Our academy teaches people various trading strategies that we have used successfully over many years so that people may use these trading strategies for themselves. We believe first and foremost in honesty and absolute transparency in the markets.
TESTIMONIALS
Diversification
Traders draw strength from diversity. No matter your history or background, you are welcome in the platinum family. A large variation in experience is proven to enhance performance and results.
Information
Our information is shared, our expert traders are constantly watching the markets for new opportunities to trade, as well as keeping an ear to the ground for the latest market news events.
Longevity
As an organisation, we’re determined to create long-lasting relationships with our traders by ensuring they have the best tools available in the markets to thrive and be successful.
Respect
We treat everyone the way we’d want to be treated, with the utmost kindness and respect. Positivity breeds positivity, which breeds success. Be kind, and the universe will respond in kind.
The best funded trader program of 2021
Funded trading accounts offer the best of both worlds. You can make money doing something you love, while at the same time not risking any of your capital. A funded trader program is especially appropriate for beginners. But what is the best funded trader program? Let's go through the list of all providers, their pros and cons.
Transparency: we may get compensated when you click on links in this article.
Best funded trader programs
- Best for trading futures: topsteptrader
- Best for trading forex: topstepfx
- Best newcomer: earn2trade
What makes a good funded trader program?
Good funded trader programs help you to get started by offering education, webinars, and support. At the same time, excellent institutional-grade trading platforms and trustworthy funded trading account partners are important.
Are funded trader accounts worth it?
The main benefit of funded trader accounts is the limited risk factor. There is a small monthly fee for real-time data and the platform. In return, you gain access to a funded account once you proved that you have the right skills needed to be successful. Once you got funded, you keep up to 80% of the profit and request a payout to your checking account.
7 best funded trader programs
1. Topsteptrader
As an industry leader and one of the fastest-growing companies in the united states, topsteptrader has the brand-power and reputation that traders trust. To participate in its funded account program, you first need to complete the trading combine. Here, you enter a real-time simulated futures account with $30,000 to $150,000 of paper currency to test if you're ready for the real thing.
- You can apply the software, make profits and control against large drawdowns
- You show consistent profitability and manage risk in the process
- Complete steps 1 and 2 in at least 15 days
Other requirements include:
- You meet your accounts profit targets
- You only trade permitted products during permitted times
- You do not hit or exceed the daily loss limit
- You do not hold positions into major economic releases
- You follow topsteptraders scaling plan
So let's assume you have what it takes. Once you complete the trading combine, you enter the funded trader program. Here, the topsteptrader team allocates capital to your account and lets you trade in real-time with zero personal risks.
So what happens when you start trading?
- You keep your first $5,000 in profits and 80% thereafter
- You can expand your asset-base to include trading EUREX products
- You can withdraw your profits at any time, and there is no wire fee for withdrawals over $500
- Your trades have zero commissions and zero clearing fees using tstrader.
Topsteptrader discloses the official company name and address on their website: topsteptrader, LLC, 130 south jefferson suite 200, chicago, illinois 60661.
We recommend starting with the free trial topsteptrader provides.
Limited time offer
- Topsteptrader 20% discount (automatic discount on all account sizes - ignore the popups on their site, my automatic discount is higher)
For a detailed look at the entire service, check out our complete topsteptrader review.
2. Topstepfx
Currency specialists rejoice, this one's for you. As the currency wing of topsteptrader above, topstepfx funded accounts have the same eligibility requirements. First, you need to complete the trading combine and demonstrate you can apply toptrader's software, implement a winning strategy and manage risk at the same time.
It's a necessary step to ensure that toptrader's capital is safe in your hands. Once you start trading, you keep your first $5,000 in profits and take home 80% of your winnings thereafter. You can also withdraw your profits at any time, and there is no wire fee for withdrawals over $500
Now, what separates topstepfx from topsteptrader?
Well, topstepfx funded account balances include buying power of up to $500,000.
And how is this done? In a word - leverage. Currency positions have leverage ratios as high as 100:1. Compared to topsteptrader, the excess leverage with topstepfx is extremely risky. However, as we mentioned, it's not your money.
With topstepfx financing the positions, you can always trade risk-free without worrying about reprisal. Keep in mind, you do need to prove your skills first. If you're a profitable currency trader that lacks the capital to make major moves, a topstepfx funded trader program may be just what you're looking for.
Topstepfx belongs to topsteptrader, and their company name, address and phone are visible on the website: topsteptrader, LLC 130 south jefferson suite 200 chicago, illinois 60661.
Limited time offer
- Topstepfx 20% discount (automatic discount on all account sizes - ignore the popups on their site, my automatic discount is higher)
For a top-to-bottom rundown of all the service has to offer, see our topstepfx review.
3. Earn2trade
Earn2trade offers two different funded trading programs. The gauntlet program and the gauntlet mini program.
The regular gauntlet program is focused on trading the futures market, where you manage a $25,000 virtual account for 60 days. During this time, you have to trade at least 30 calendar days and once per week. Your target is to reach the 10% profit target and never hit the 10% maximum drawdown.
Successful candidates receive a guaranteed funding offer from their partner helios trading partners.
The new gauntlet mini is a program similar to topsteptrader and oneup trader. You pay a monthly fee, and you have to trade according to the rules. Trading lessons, webinars, and access to journalytix (TM) are included in the monthly price.
After completion, you receive an offer for a funded trading account. Both programs come with an 80%/20% profit split, where you keep the 80%.
The company behind is earn2trade LLC, with a registered office in 30 N gould st. STE 4000, sheridan, WY 82801.
Limited time offer
- Earn2trade 50% discount on the 50k account, 20% discount on any other account sizes.
You find all details and a platform walk-through in the comprehensive earn2trade review.
Let's get it straight, the list of the best funded trader programs already ends after the top 3. Topsteptrader, topstepfx and earn2trade programs begin at about $100 per month. All of the following funded trading account providers offer educational packages along with a potential option to let you trade a funded account at some given time.
Those vendors ask you to pay prices from $2,000 all the way up over $15,000, and some of them do not reveal their company address.
If you are looking for a funded trader account with an excellent price-performance ratio, you may focus on the top 3:
- Topsteptrader (futures trading) topsteptrader free trial or 20% off (automatic discount at the checkout - ignore the popups on their site, my automatic discount is higher)
- Topstepfx (forex trading) topstepfx 20% discount (automatic discount at the checkout - ignore the popups on their site, my automatic discount is higher)
- Earn2trade (futures trading) earn2trade 20%-40% discount (discout applied automatically).
4. Oneup trader
Whether if you just starting out or a seasoned professional, onup trader offers a platform where you can showcase your skills and make some money along the way.
There are two steps to get started:
- Get evaluated
- Get funded
The evaluation process begins with oneup's trading evaluation program. The team puts you through a real-time day trading simulator where you can trade, track, measure and showcase your abilities.
Once you pass the evaluation, you get introduced to oneup's funding partners. Once you start trading, the first $8,000 in profits are yours to keep, and after that, you take home 80% of all winnings.
What are some other benefits?
- Choose funding options from $25,000 up to $250,000
- Simplified funding goals with no hidden fees or fine print
- Trade from home, your favorite coffee shop or wherever you want
- Advanced analytics and data that help you become more successful
- Discuss, collaborate and share ideas with one-up trader's community members
- Full transparency and disclosure regarding all services and requirements
Unfortunately, oneup trader does not disclose any information about the company and their address and contact data on the website. Also, there is no information available on what company will fund your account and how many traders got funded so far.
The oneup trader review covers every detail about the funded accounts, but again, the missing information about the company details and ways to contact them should let you become more cautious.
5. Maverick trading
As one of the top prop trading firms out there, maverick trading offers the opportunity to learn from its experts and - if you have what it takes - join the firm as a full-time trader.
Specializing in equities, options and forex, the team offers support, technology and training that help you every step of the way.
So how do you get funded?
- Submit your application
- Improve your skills using maverick's trading simulators, tests and strategy courses
- Prove your skills by showing you can implement the trading plan, manage risk and produce profits
- Receive a funded account where you keep 70-80% of your profits and get paid every month.
Through its dedicated team, maverick trading promotes diversity, respect and transparency.
Before officially joining the firm, the team will outline all expectations as well as discuss the inherent risks of day trading.
Compared to the top three above, the pricing is significantly higher since they include more extensive education in their program costs. You need about $6,000 to get started and you need to put $5,000 of your own funds at risk once you get funded.
For more information on what all that means, see the maverick trading review.
6. Try day trading
Trydaytrading can cost you more than $15,000! When you first begin the try day trading funded trader program, the team starts by outlining the two most important ways to reduce risk:
- They assign a professional trading coach that teaches you how to trade
- They provide access to try day trading's proprietary leading indicator software
They also offer a 30-day trial. Anyway, the 30-day trial costs you more than $400. A bit hefty for a trial period! And more than $15,000 for their main service seems to be too expensive. Remember, for that money, you could use topsteptrader's trading combine about 150 times!
There is no company name mentioned on their website, only the address in utah. The google reviews seem to be good at first, but clicking on the details you notice that a curious pattern.
The detailed try day trading review covers all of the bells and whistles.
7. Tradenet
Tradenet is not available to residents in the united states. With four pricing options, you can decide which tradenet funded trader program is right for you. Led by meir barak, the site states that it has educated over 30,000 students worldwide on how to become better traders.
All of the funded account programs come with a 14-day money-back guarantee. That way, you can test out the service risk-free before deciding if you want to continue on. The costs are relatively high compared to the competitors mentioned in this best funded trader program comparison.
Please, also keep in mind that tradenet does not offer those funded accounts themself. Instead, they connect you with investment firms once you purchased one of their educational packages.
I found various addresses; one is limassol cyprus, one in israel and the united kingdom.
If you're interested in learning more about tradenet's funded trader programs as well as its education courses and live trading chat room, check out our tradenet review.
Funded trader program summary
There's no doubt funded trader programs have plenty of benefits. Many providers offer exceptional service and can be a great addition to your trading toolkit. Whether it's access to advanced software or the idea of using someone else's money to trade - funded accounts offer a risk-free way to compete against the best.
More importantly, the knowledge you obtain is invaluable. Considering their own money is at stake, providers will do everything in their power to ensure you succeed. They don't want you draining their bankroll, right?
So what this means for you is:
- Greater guidance,
- Mentorship and
- Coaching compared to other services.
As well, when competing in the arena, you're surrounded by other advanced traders. This will help you increase your skill-set and have you climbing up the ladder in no time.
When deciding between the options above, you really can't go wrong with most of them.
Topsteptrader is the market leader and receives our highest rating, followed by topstepfx, and earn2trade.
I am a bit undecided about maverick trading, tradenet, oneup trader and try day trading. The reason is that for some you have to pay between 2,000 and $16,000 to join their programs, some do not disclose any contact and company details.
Their prices are higher because they included extensive trading education courses in their funded trader programs. So it depends on you what you want to trade and what your focus is. If you are looking purely for a funded trader account, then topsteptrader and earn2trade are the best choices.
If you are looking for excellent education, then I recommend you to read my comprehensive best trading courses blog post. And if you really consider joining the expensive funded trader programs, then make sure to read the detailed reviews first.
Best forex managed accounts 2021
A managed forex account is where a money manager handles the investments and trading of the client’s account on their behalf. They manage the client’s account by seeking trading opportunities, adjusting the risk, implementing their own strategies, or even taking input from the client on what they would like to trade on and how.
The world’s most popular FX platforms, the MT4 and the MT5 both feature the possibility of having a money manager manage accounts through them. This is often called a MAMM account.
The brokers below represent the best forex managed accounts brokers.
82% of retail CFD accounts lose money
82% of retail CFD accounts lose money
"all financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors, please ensure that you fully understand the risks involved, and seek independent advice if necessary. Activtrades corp is authorised and regulated by the securities commission of the bahamas. Activtrades corp is an international business company registered in the commonwealth of the bahamas, registration number 199667 B. Activtrades corp is a subsidiary of activtrades PLC, authorised and regulated by the financial conduct authority, registration number 434413. Activtrades PLC is a company registered in england & wales, registration number 05367727."
ECN, market maker, no dealing desk
"all financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors, please ensure that you fully understand the risks involved, and seek independent advice if necessary. Activtrades corp is authorised and regulated by the securities commission of the bahamas. Activtrades corp is an international business company registered in the commonwealth of the bahamas, registration number 199667 B. Activtrades corp is a subsidiary of activtrades PLC, authorised and regulated by the financial conduct authority, registration number 434413. Activtrades PLC is a company registered in england & wales, registration number 05367727."
Your capital is at risk
IRESS, MT4, MT5, webtrader
Your capital is at risk
Here’s a list of the best forex managed accounts brokers.
Regulated by: cysec, FCA, FSC
Headquarters : 30 churchill place, london, E14 5EU, UK
82% of retail CFD accounts lose money
FXTM is also known as forextime, and commenced operations in 2011 from its de facto headquarters in limassol, cyprus. Since then, FXTM has achieved rapid global expansion, driven primarily by its desire to serve specific local markets with strong FX demand.
The MT4 and MT5 are the platforms provided by FXTM. These platforms, however, come in various versions built for the web, for desktops and for mobile devices. The FXTM MT5 is an improvement on the MT4 and can be downloaded from the myfxtm members’ area.
Activtrades
Headquarters : 1 thomas more square london E1W 1YN united kingdom
"all financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors, please ensure that you fully understand the risks involved, and seek independent advice if necessary. Activtrades corp is authorised and regulated by the securities commission of the bahamas. Activtrades corp is an international business company registered in the commonwealth of the bahamas, registration number 199667 B. Activtrades corp is a subsidiary of activtrades PLC, authorised and regulated by the financial conduct authority, registration number 434413. Activtrades PLC is a company registered in england & wales, registration number 05367727."
Activtrades was founded in 2001 and was recognised by the sunday times fast track 100 as the 90th fastest growing company in the UK for 2017. The company is regulated by the UK financial conduct authority (FCA), as well as the securities commission of the bahamas and offers CFD and spread betting trading accounts with direct execution (non-dealing desk).
FP markets
Regulated by: ASIC, cysec
Headquarters : level 5, exchange house 10 bridge st sydney NSW 2000, australia
Your capital is at risk
This brokerage offers a massive range of tradable assets through forex, CFD, and share trading accounts. FP markets supports the MT4, MT5, and IRESS platforms and offers leverage up to 500:1. You can trade 45 currency pairs with competitive spread or commission pricing.
FP markets was founded in 2005 and is headquartered in sydney, australia. It is regulated by the ASIC in australia. Demo accounts are available. While it is suitable for beginners, education resources are limited.
What is a forex managed accounts?
A managed forex account is where a professional trader/money manager manages the trading on the clients’ behalf. The account is made up of a personalized portfolio owned by a single investor. The portfolio and account is handled accordingly to the investors needs.
An investor may advise the money manager on strategies and signals to look for while trading on his behalf. An investor may do this to take themselves out of the equation and trade without the psychology and emotions that come with wins and losses. On the other hand, some clients simply choose to let the brokerage/money manager trade the account based on their own systems and strategies.
Forex managed accounts can be compared to traditional investment accounts of equities and bonds, in the way that an investment manager handles the trading logistics. In no instance can a money manager withdraw or add funds to the account, they are granted trade only access to the account, and the investor has full control over their account. Money managers charge a fee or commission for managed accounts, so it is important to research a variety of options, as their prices can vary greatly.
How does a managed forex account work?
For an investor to have a managed trading account, they must first open a trading account at a reputable brokerage firm of their choice. Then allocate the necessary amount of funds for a managed account. The money manager has limited access to the account and operates on a trade only basis. The investor remains in full control of the account and its deposits and withdrawal processes.
Now, if a money manager does not have any control over the investors money, how can they conduct trades? Well, upon setting up a managed account, both the investor and money manager must sign a document called a limited power of attorney agreement (LPOA). This is an agreement for both parties, allowing the trader to trade on an investors account on their behalf, without needing to transfer the investors funds to the traders account. This agreement provides a high level of security, control, and transparency that’s comfortable for the investor.
With the signing of this agreement, the managed account gets placed in what’s called a “master block”, and as stated before, the investor continues to have full control of their account. They can check the balance, deposit or withdraw funds, monitor trade activity, and even revoke the LPOA agreement at any time if they are not happy with the money manager. One thing they can not do is conduct their own trading on the account, unless they revoke the LPOA agreement.
Regarding the money managers aspect of managed forex accounts. They may trade for many investors all from a single master account using PAMM, LAMM, or MAM software and technology. These technical procedures are integrated into most reputable brokerages and various online trading platforms, making it possible for traders to manage investor accounts.
Account types
Investing through a managed account has been around for a long time. In fact, it’s been around for as long as investing. With that in mind, there have generally been 3 types of managed forex accounts that prevail- individual, pooled, and more recently; varieties of PAMM accounts.
Individual account
This type of account is the most simple and standard type of account when you think of a managed account. The account managed is a segregated account where the money manager makes all the trades on your behalf. The traders’ decisions are based solely on your instruction or desire, he/she is trading for you and only you.
Their decisions will be based on your risk level and whether you provide any specific strategy or guidance. Since there are no additional traders’ funds involved in this account, the minimum deposit may be quite high- exceeding $10,000. For this reason, and the fact the manager is trading this account individually for you, you will want to ensure a professional and competent money manager is chosen. A great deal of research and client testimonials will be beneficial when going this route.
Pooled account
This type of account is very similar too mutual funds, in where many investors pool their money together in a separate account and share the profits after fees and expenses. With pooled accounts, there are often a variety of pools to choose from. Each may be offering different risk levels, minimum deposits, investment strategies, currencies traded, and fees and expenses. These types of accounts are managed for a variety of investors, requiring you to choose or be advised on which pool suits your needs.
Unlike individual accounts, the manager is trading for numerous investor desires. To help determine an account for you, each fund will have years of past performance for review. A main benefit of pooled accounts is the lower minimum deposit required to enter, being as low as $2000. Although, there are often minimum participation requirements upon entering a pool fund. These are all factors you need to consider before diving in.
PAMM, LAMM, & MAMM accounts
These types of accounts use sophisticated technology to distribute profits, losses, and fees based on percentages of funds each investor has involved in the master account used for trading. These account methods are relatively new in comparison with the other two listed here, and offer the satisfaction of dealing directly with the broker of your choice in a secure and transparent way.
It’s similar to the mirror and copy trading features some brokers offer, because of the automation and technicality. Although, it still has more similarities to a managed account. All these types of accounts are basically pool accounts, in the sense that numerous investors pool their money together and reap the profits or losses of the money manager.
What should you look for in a managed forex account?
There are numerous things to consider when opening a managed forex account and you must always be careful when selecting a money manager. You need to use due diligence ensuring the money manager is reputable and trustworthy. The forex industry is known to have some notable scammers in the past, so extra precautions must be made to guarantee safe and secure management.
Not only do you need to take precaution when choosing your money manager, but also in the type of account that’s suitable for your needs. Below are some things to look for when choosing a managed forex account.
- The risk level of an account or manager is something to consider. When trading with an individual account, you want to choose a money manager who’s trading style and history is at the level of risk you’re comfortable with. You can advise your money manager on how to trade, but by choosing one that trades with your level of risk already can make all the difference. As well, with trading accounts, you want to choose a pool with your appropriate risk level and trading method.
- Another important factor are the fees, expenses, and minimum deposits involved with a trading account. Many firms will charge performance fees to your account. These fees can vary greatly based on the account type, and risk level of such an account. These rates can range from anywhere between 10%-35% and some cases even higher. These rates are in accordance to a principle called the “high water mark”. This protocol is applied to your account if at the end of each month your net balance is higher than a certain percentage. If this is the case, your account will be deducted the performance fee which is a certain percentage. Some brokerages may also charge an account management fee on top of the other fees for following a specific formula. Also in some cases, there can be a fee for the termination of account in the event of transferring all funds.
- An important factor when choosing a reputable managed forex account is the availability of past performance history. Past performance may not be an indicative factor of future results, but at least the history shows experience of the forex account. There should be published history of at least a few years for a reputable brokerage managed account.
How to open a managed forex account?
Opening a managed forex account is more complicated than you might think. That is why we’ve created a detailed list pertaining to the necessary steps involved. Discover the intricate process in great detail below;
- Before you make the necessary steps to opening an account, you must first determine your risk tolerance. You need to know this so you know who to look for in a money manager, you can view their track record and overall risk score. Another point that goes along with this are your goals. If you want to make higher profits in a short amount of time, high risk managed account might be the option for you.
- Spend time networking and searching for the right forex trader. There are lots of options out there, but not everyone is right for you. Use your due diligence and research, reach out, and network to find the best possible forex brokerage.
- Once you have narrowed down your list of forex traders, you need to go over each contract. Make sure you feel comfortable with everything and understand the max drawdowns, liability coverage, fees and expenses, and so on. Your due diligence is key in obtaining a successfully managed forex account.
- Again, ensure everything is up to spec with the trader your interested in. View past performance reports, client testimonials, reviews, and anything you can dig up on the internet.
- Once you have completed the steps above you are ready to select a forex trader to manage your account. You’ll need to complete and sign the necessary documents, and contracts including the signing of a limited power of attorney agreement (LPOA).
- The next step is to receive your account number and transfer funds into the account. The account number is tied to your name, information, and your segregated trading account. Once everything is in order you can go ahead and transfer the funds, knowing you’re with a trusted and secure forex trader by following the steps above.
- Finally, you wait for the money to be transferred, and it’s complete. It really is a simple process. You can have a managed forex account up and running within a few days. Now, you can analyze your account and even learn from the trades that are being made.
INSTANT FUNDING FOR FOREX TRADERS
Take our capital,
Accelerate your funded account up to $1.28 million dollars
What is your trading personality?
LOW RISK
Apply risk measures in your trading to receive a low target for more funding.
AGGRESSIVE
Take the freedom to trade your style with no restrictions.
Trade with high leverage and no mandatory stop orders.
ARE YOU NEW TO THE FUNDING TRADERS' PROGRAM?
Choose your funded account model
Profit target is determined by the profit goal for the current stage, from which the5ers will increase your trading capital responsibility.
Profit is the sum of all realized and unrealized positions including commission and swap charges. Once the target is hit, the trader is requested to close all running trades, and report the achievement to the fund.
It is only for the first stage of the program, the profit target is lower, 6% for the low-risk plans, and 12% for the aggressive programs. With all the rest of the stages, the profit target is 10% for the low risk, and 25% for the aggressive programs.
The equity stopout level is the lowest value of the account allowed. Once the account equity value is below this level, the fund will close all running trades, and disable trading and access.
The stopout level is a fixed value of loss allowance measured from the starting balance account of each level. As much the trader profit in the account, so his/hers loss allowance increases. Example: the starting balance is $10,000, the account is with $200 profit, the equity stopout level is $9,600; this gives the trader $600 loss allowance, if the profit increases to $500, the loss allowance is now $900.
The leverage applied for the trading account. The trader is allowed to utilize the full leverage applied for the account with no further enforcement.
Aggressive programs are set to 1:30 leverage, powers by 30 times the market buying allowance. Low risk programs are set at 1:6 leverage, powers by 6 times the market buying required.
Setting a stoploss for every trade is required when participating in the low risk programs. Only in the low risk plans, each and every position must consist of a proper stoploss at value not greater of 1.5%. The fund risk monitor, allows up to 2 whole minutes for placing a proper stoploss.
Failing to maintain stoploss discipline will result by switching the program to aggressive mode.
The maximum time required to complete the profit target for the first level of the program. To be clear, the maximum expiry time is applied ONLY for the very FIRST stage of the program. In all other progressed levels, there will be NO expiration time limit for active traders.
The maximum number of calendar days is set for 180 for the low risk plans, and 60 calendar days for the aggressive plans.
Once hitting the profit target alone with the rest of the qualification objectives, the5ers will increase your capital responsibility, with all the objectives increased proportionally.
At the first stage accomplishment, you will be receiving 4 times greater from initial capital of your first account. For every other steps (but the first one) the growth upscaling is twice of the last initial capital.
The deal with the5ers is that you bring the trading and we bring all the trading capital, we take the full risk for trading loss - but the profits will be shared with you. We will pay you a commission of 50% of the trading profits.
Payout is issued every month starting the second level of the program. Only at the first stage payout is paid once the stage is fully completed.
Good to know, receiving payouts is never being deducted from your forward progression toward the next milestone. With the5ers you get both the growth and the payouts. No need to decide.
A thought about percentage. Some may say a better percentage offer could be found elsewhere. We say, don’t judge by the percentage - judge by the potential money you actually receive. With our fast growth plan, you are increasing your actual money profit potential much faster than anywhere else.
The5ers guarantees maximum trading capital in funding, which is currently a 1.28 million dollars real funded account.
1.28 million is a big account to manage, however, this is not our final offer for you. Once you accomplish your goal on the 1.28 M account, we will discuss with you further growth and targets.
By signing up for the5ers programs you receive an instant funded account right away, with trading access to the fund’s pool account. We give a fair opportunity for every trader to present his/her trading skills on a real-capital-funded account. We take full responsibility to handle potential trading losses, which should be secured by a one-time participation fee.
Your participation fee is not trading securities. We are not a broker, not representing any financial institutes. Your once-off fee is paying you into the most rewarding funding program experience in the industry.
The fee is not refundable once you had made your first action in the funded account. Remember, you are being assigned to a real funded account from the very beginning. Any profits you will be making will be shared with you eventually.
Of course, we provide much more than just funded accounts. Trading with the5ers is a whole trading experience, including funding, accelerated growth with extreme income potential, full dedicated team of professionals ready to cater to your professional and administrative requirements, we provide education, and trading events, a live trading room, and extensive performance statistics dashboard.
Double capital at profit milestone up to 1.28 million guaranteed!
The5ers offer the most extreme and accelerated growth rate. At every milestone you are acquiring, the5ers will double your initial capital handling, also doubling the trading objectives, in terms of maximum loss allowance (aka equity stop out level), leverage, and stoploss (for applicable programs).
Milestones for the low-risk programs are set to 10% net profit, for the aggressive plans, a 25% target is set.
The 5%ers funding programs
Select the funded trading account that best suits you
RISK MANAGER PROGRAMS
The risk manager program is made for the well-disciplined traders; this is an ideal option for traders who prefer a relaxed challenge. For those traders, we provide quicker targets for extraordinary hyper-growth pace. This program requires your funded forex account to sustain approximately a 6% gain in net profit, with an allowance of a 4% maximum loss, mandatory stop loss, and the use of low leverage as high as 6:1. The growth rate is set to double the account at 10% net gain.
AGRESSIVE TRADER PROGRAM
The aggressive program is for the freestyle traders. We have unleashes all rules for freestyle trades. We provide high leverage trading, as high as 30:1 and no mandatory stop loss. Given the absolute trading flexibility, the trader is required to accomplish a 12% net profit for level 1 funded account, and for higher levels of the program 25% net profit for doubling the account.
Choose your funded account model
Profit target is determined by the profit goal for the current stage, from which the5ers will increase your trading capital responsibility.
Profit is the sum of all realized and unrealized positions including commission and swap charges. Once the target is hit, the trader is requested to close all running trades, and report the achievement to the fund.
It is only for the first stage of the program, the profit target is lower, 6% for the low-risk plans, and 12% for the aggressive programs. With all the rest of the stages, the profit target is 10% for the low risk, and 25% for the aggressive programs.
The equity stopout level is the lowest value of the account allowed. Once the account equity value is below this level, the fund will close all running trades, and disable trading and access.
The stopout level is a fixed value of loss allowance measured from the starting balance account of each level. As much the trader profit in the account, so his/hers loss allowance increases. Example: the starting balance is $10,000, the account is with $200 profit, the equity stopout level is $9,600; this gives the trader $600 loss allowance, if the profit increases to $500, the loss allowance is now $900.
The leverage applied for the trading account. The trader is allowed to utilize the full leverage applied for the account with no further enforcement.
Aggressive programs are set to 1:30 leverage, powers by 30 times the market buying allowance. Low risk programs are set at 1:6 leverage, powers by 6 times the market buying required.
Setting a stoploss for every trade is required when participating in the low risk programs. Only in the low risk plans, each and every position must consist of a proper stoploss at value not greater of 1.5%. The fund risk monitor, allows up to 2 whole minutes for placing a proper stoploss.
Failing to maintain stoploss discipline will result by switching the program to aggressive mode.
The maximum time required to complete the profit target for the first level of the program. To be clear, the maximum expiry time is applied ONLY for the very FIRST stage of the program. In all other progressed levels, there will be NO expiration time limit for active traders.
The maximum number of calendar days is set for 180 for the low risk plans, and 60 calendar days for the aggressive plans.
Once hitting the profit target alone with the rest of the qualification objectives, the5ers will increase your capital responsibility, with all the objectives increased proportionally.
At the first stage accomplishment, you will be receiving 4 times greater from initial capital of your first account. For every other steps (but the first one) the growth upscaling is twice of the last initial capital.
The deal with the5ers is that you bring the trading and we bring all the trading capital, we take the full risk for trading loss - but the profits will be shared with you. We will pay you a commission of 50% of the trading profits.
Payout is issued every month starting the second level of the program. Only at the first stage payout is paid once the stage is fully completed.
Good to know, receiving payouts is never being deducted from your forward progression toward the next milestone. With the5ers you get both the growth and the payouts. No need to decide.
A thought about percentage. Some may say a better percentage offer could be found elsewhere. We say, don’t judge by the percentage - judge by the potential money you actually receive. With our fast growth plan, you are increasing your actual money profit potential much faster than anywhere else.
The5ers guarantees maximum trading capital in funding, which is currently a 1.28 million dollars real funded account.
1.28 million is a big account to manage, however, this is not our final offer for you. Once you accomplish your goal on the 1.28 M account, we will discuss with you further growth and targets.
By signing up for the5ers programs you receive an instant funded account right away, with trading access to the fund’s pool account. We give a fair opportunity for every trader to present his/her trading skills on a real-capital-funded account. We take full responsibility to handle potential trading losses, which should be secured by a one-time participation fee.
Your participation fee is not trading securities. We are not a broker, not representing any financial institutes. Your once-off fee is paying you into the most rewarding funding program experience in the industry.
The fee is not refundable once you had made your first action in the funded account. Remember, you are being assigned to a real funded account from the very beginning. Any profits you will be making will be shared with you eventually.
Of course, we provide much more than just funded accounts. Trading with the5ers is a whole trading experience, including funding, accelerated growth with extreme income potential, full dedicated team of professionals ready to cater to your professional and administrative requirements, we provide education, and trading events, a live trading room, and extensive performance statistics dashboard.
Double capital at profit milestone up to 1.28 million guaranteed!
The5ers offer the most extreme and accelerated growth rate. At every milestone you are acquiring, the5ers will double your initial capital handling, also doubling the trading objectives, in terms of maximum loss allowance (aka equity stop out level), leverage, and stoploss (for applicable programs).
Milestones for the low-risk programs are set to 10% net profit, for the aggressive plans, a 25% target is set.
New partnership new features.
Exciting new partnership announcement for MES capital & oneup trader.
We are pleased to announce that MES capital has officially joined oneup trader. Together, we are bigger, stronger, and better positioned to provide innovative solutions, enhanced services that improve the quality of trader evaluations and funding.
Oneup trader will provide technical, comprehensive and innovative tools to all prospective traders seeking funding and to facilitate their pursuit of financial and professional independence
With this announcement, we would like to inform you that effective december 29, 2016, MES capital will no longer offer evaluation accounts and all future evaluations must be submitted through oneup trader starting june 12, 2017.
Oneup trader new features
Account options
Your account, your choice. Choose from a variety of trading accounts, from $25,000 to $250,000.
Simplified funding
Fair, attainable, and simplified funding goals. No grey areas, offering the fairest seeding program in the industry
Analytics that matter
Advanced reports, performance analysis tools, so you can better adjust your trading for maximum performance
Community integration
Discuss, collaborate and share ideas. Comprehend and utilise the wisdom of the trading crowd!
Launched june 12, 2017
To learn more, visit the oneup trader website or get notified by joining our mailing list
Effective december 29, 2016, MES capital will no longer offer evaluation accounts. We partnered with oneup trader to bring traders an enhanced user experience with a multitude of options. All future evaluations must be submitted through oneup trader starting june 12, 2017
All current traders participating in an MES capital evaluation will not be affected and will be reviewed for funding upon completion
Don’t just trade, become a trader
Providing discipline and funding for long-term success
Reframe your approach to trading
Earn funding for your futures or forex trading strategies and replace poor habits with new ones that actually work. Our traders have withdrawn over $2 million in 2020 because when you focus on the process, the results take care of themselves.
Learn, grow, get funded
No matter your trading skills or status—we support your development without putting your own capital at risk. Our program is designed to help you manage risk, hone strategies, and become consistently profitable.
Why topstep?
The trading combine is built with you in mind. It rewards sound risk management and helps build productive habits that last a lifetime. Watch to see how it all works.
Funded trader withdrawals processed in 2020
Get 20% off your first trading combine and news to start your week.
Don’t just take our word for it
Hear what our traders have to say
Topstep is an excellent platform that makes it possible for traders at all levels of experience to learn the markets, their products, trading system and mindset that enables him or her to create a profitable strategy that is conducive to their own unique individual proclivities.
I love the discipline that you learn with topstep. I wish I had this when I started trading many years ago. I have been pretty successful but I have had a few huge losses in my accounts. I have had a chance to interact with customer service also. They exceeded my expectations.
Topstep is where it happened. I became profitable. Topstep’s straightforward offer and rules gave me the initial structure to start building my own, and helped me successfully zero in on self-control, cultivating it, growing, maturing as a trader and a person.
Who vouches for us?
Recognize these companies? They recognized us, and our outstanding achievements for traders, partners, and employees.
Learn what you need, when you need it.
Grow your knowledge, learn vital trading skills, and create winning habits to become a consistently profitable trader.
Ready to earn a funded account and become the trader you’ve always wanted to be?
Topstep, LLC
130 south jefferson suite 200
chicago, illinois 60661
All content published and distributed by topstep LLC and its affiliates (collectively, the “company”) is to be treated as general information only. None of the information provided by the company or contained herein is intended as (a) investment advice, (b) an offer or solicitation of an offer to buy or sell, or (c) a recommendation, endorsement, or sponsorship of any security, company, or fund. Testimonials appearing on the company’s websites may not be representative of other clients or customers and is not a guarantee of future performance or success. Use of the information contained on the company’s websites is at your own risk and the company and its partners, representatives, agents, employees, and contractors assume no responsibility or liability for any use or misuse of such information.
Futures and forex trading contain substantial risk and is not for every investor. An investor could potentially lose all or more than the investor’s initial investment. Only risk capital—money that can be lost without jeopardizing one’s financial security or lifestyle—should be used for trading and only those individuals with sufficient risk capital should consider trading. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or forex. Past performance is not necessarily indicative of future results.
CFTC rule 4.41 – hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
© 2020 – topstep LLC. All rights reserved. Topsteptrader, the chevron logo, topstep, topstepfx, trading combine, funded account, and tstrader are all trademarks of topsteptechnologies LLC.
Topstep, LLC
130 south jefferson suite 200
chicago, illinois 60661
All content published and distributed by topstep LLC and its affiliates (collectively, the “company”) is to be treated as general information only. None of the information provided by the company or contained herein is intended as (a) investment advice, (b) an offer or solicitation of an offer to buy or sell, or (c) a recommendation, endorsement, or sponsorship of any security, company, or fund. Testimonials appearing on the company’s websites may not be representative of other clients or customers and is not a guarantee of future performance or success. Use of the information contained on the company’s websites is at your own risk and the company and its partners, representatives, agents, employees, and contractors assume no responsibility or liability for any use or misuse of such information.
Futures and forex trading contain substantial risk and is not for every investor. An investor could potentially lose all or more than the investor’s initial investment. Only risk capital—money that can be lost without jeopardizing one’s financial security or lifestyle—should be used for trading and only those individuals with sufficient risk capital should consider trading. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or forex. Past performance is not necessarily indicative of future results.
CFTC rule 4.41 – hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
© 2020 – topstep LLC. All rights reserved. Topsteptrader, the chevron logo, topstep, topstepfx, trading combine, funded account, and tstrader are all trademarks of topsteptechnologies LLC.
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Best forex managed accounts 2021
A managed forex account is where a money manager handles the investments and trading of the client’s account on their behalf. They manage the client’s account by seeking trading opportunities, adjusting the risk, implementing their own strategies, or even taking input from the client on what they would like to trade on and how.
The world’s most popular FX platforms, the MT4 and the MT5 both feature the possibility of having a money manager manage accounts through them. This is often called a MAMM account.
The brokers below represent the best forex managed accounts brokers.
82% of retail CFD accounts lose money
82% of retail CFD accounts lose money
"all financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors, please ensure that you fully understand the risks involved, and seek independent advice if necessary. Activtrades corp is authorised and regulated by the securities commission of the bahamas. Activtrades corp is an international business company registered in the commonwealth of the bahamas, registration number 199667 B. Activtrades corp is a subsidiary of activtrades PLC, authorised and regulated by the financial conduct authority, registration number 434413. Activtrades PLC is a company registered in england & wales, registration number 05367727."
ECN, market maker, no dealing desk
"all financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors, please ensure that you fully understand the risks involved, and seek independent advice if necessary. Activtrades corp is authorised and regulated by the securities commission of the bahamas. Activtrades corp is an international business company registered in the commonwealth of the bahamas, registration number 199667 B. Activtrades corp is a subsidiary of activtrades PLC, authorised and regulated by the financial conduct authority, registration number 434413. Activtrades PLC is a company registered in england & wales, registration number 05367727."
Your capital is at risk
IRESS, MT4, MT5, webtrader
Your capital is at risk
Here’s a list of the best forex managed accounts brokers.
Regulated by: cysec, FCA, FSC
Headquarters : 30 churchill place, london, E14 5EU, UK
82% of retail CFD accounts lose money
FXTM is also known as forextime, and commenced operations in 2011 from its de facto headquarters in limassol, cyprus. Since then, FXTM has achieved rapid global expansion, driven primarily by its desire to serve specific local markets with strong FX demand.
The MT4 and MT5 are the platforms provided by FXTM. These platforms, however, come in various versions built for the web, for desktops and for mobile devices. The FXTM MT5 is an improvement on the MT4 and can be downloaded from the myfxtm members’ area.
Activtrades
Headquarters : 1 thomas more square london E1W 1YN united kingdom
"all financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors, please ensure that you fully understand the risks involved, and seek independent advice if necessary. Activtrades corp is authorised and regulated by the securities commission of the bahamas. Activtrades corp is an international business company registered in the commonwealth of the bahamas, registration number 199667 B. Activtrades corp is a subsidiary of activtrades PLC, authorised and regulated by the financial conduct authority, registration number 434413. Activtrades PLC is a company registered in england & wales, registration number 05367727."
Activtrades was founded in 2001 and was recognised by the sunday times fast track 100 as the 90th fastest growing company in the UK for 2017. The company is regulated by the UK financial conduct authority (FCA), as well as the securities commission of the bahamas and offers CFD and spread betting trading accounts with direct execution (non-dealing desk).
FP markets
Regulated by: ASIC, cysec
Headquarters : level 5, exchange house 10 bridge st sydney NSW 2000, australia
Your capital is at risk
This brokerage offers a massive range of tradable assets through forex, CFD, and share trading accounts. FP markets supports the MT4, MT5, and IRESS platforms and offers leverage up to 500:1. You can trade 45 currency pairs with competitive spread or commission pricing.
FP markets was founded in 2005 and is headquartered in sydney, australia. It is regulated by the ASIC in australia. Demo accounts are available. While it is suitable for beginners, education resources are limited.
What is a forex managed accounts?
A managed forex account is where a professional trader/money manager manages the trading on the clients’ behalf. The account is made up of a personalized portfolio owned by a single investor. The portfolio and account is handled accordingly to the investors needs.
An investor may advise the money manager on strategies and signals to look for while trading on his behalf. An investor may do this to take themselves out of the equation and trade without the psychology and emotions that come with wins and losses. On the other hand, some clients simply choose to let the brokerage/money manager trade the account based on their own systems and strategies.
Forex managed accounts can be compared to traditional investment accounts of equities and bonds, in the way that an investment manager handles the trading logistics. In no instance can a money manager withdraw or add funds to the account, they are granted trade only access to the account, and the investor has full control over their account. Money managers charge a fee or commission for managed accounts, so it is important to research a variety of options, as their prices can vary greatly.
How does a managed forex account work?
For an investor to have a managed trading account, they must first open a trading account at a reputable brokerage firm of their choice. Then allocate the necessary amount of funds for a managed account. The money manager has limited access to the account and operates on a trade only basis. The investor remains in full control of the account and its deposits and withdrawal processes.
Now, if a money manager does not have any control over the investors money, how can they conduct trades? Well, upon setting up a managed account, both the investor and money manager must sign a document called a limited power of attorney agreement (LPOA). This is an agreement for both parties, allowing the trader to trade on an investors account on their behalf, without needing to transfer the investors funds to the traders account. This agreement provides a high level of security, control, and transparency that’s comfortable for the investor.
With the signing of this agreement, the managed account gets placed in what’s called a “master block”, and as stated before, the investor continues to have full control of their account. They can check the balance, deposit or withdraw funds, monitor trade activity, and even revoke the LPOA agreement at any time if they are not happy with the money manager. One thing they can not do is conduct their own trading on the account, unless they revoke the LPOA agreement.
Regarding the money managers aspect of managed forex accounts. They may trade for many investors all from a single master account using PAMM, LAMM, or MAM software and technology. These technical procedures are integrated into most reputable brokerages and various online trading platforms, making it possible for traders to manage investor accounts.
Account types
Investing through a managed account has been around for a long time. In fact, it’s been around for as long as investing. With that in mind, there have generally been 3 types of managed forex accounts that prevail- individual, pooled, and more recently; varieties of PAMM accounts.
Individual account
This type of account is the most simple and standard type of account when you think of a managed account. The account managed is a segregated account where the money manager makes all the trades on your behalf. The traders’ decisions are based solely on your instruction or desire, he/she is trading for you and only you.
Their decisions will be based on your risk level and whether you provide any specific strategy or guidance. Since there are no additional traders’ funds involved in this account, the minimum deposit may be quite high- exceeding $10,000. For this reason, and the fact the manager is trading this account individually for you, you will want to ensure a professional and competent money manager is chosen. A great deal of research and client testimonials will be beneficial when going this route.
Pooled account
This type of account is very similar too mutual funds, in where many investors pool their money together in a separate account and share the profits after fees and expenses. With pooled accounts, there are often a variety of pools to choose from. Each may be offering different risk levels, minimum deposits, investment strategies, currencies traded, and fees and expenses. These types of accounts are managed for a variety of investors, requiring you to choose or be advised on which pool suits your needs.
Unlike individual accounts, the manager is trading for numerous investor desires. To help determine an account for you, each fund will have years of past performance for review. A main benefit of pooled accounts is the lower minimum deposit required to enter, being as low as $2000. Although, there are often minimum participation requirements upon entering a pool fund. These are all factors you need to consider before diving in.
PAMM, LAMM, & MAMM accounts
These types of accounts use sophisticated technology to distribute profits, losses, and fees based on percentages of funds each investor has involved in the master account used for trading. These account methods are relatively new in comparison with the other two listed here, and offer the satisfaction of dealing directly with the broker of your choice in a secure and transparent way.
It’s similar to the mirror and copy trading features some brokers offer, because of the automation and technicality. Although, it still has more similarities to a managed account. All these types of accounts are basically pool accounts, in the sense that numerous investors pool their money together and reap the profits or losses of the money manager.
What should you look for in a managed forex account?
There are numerous things to consider when opening a managed forex account and you must always be careful when selecting a money manager. You need to use due diligence ensuring the money manager is reputable and trustworthy. The forex industry is known to have some notable scammers in the past, so extra precautions must be made to guarantee safe and secure management.
Not only do you need to take precaution when choosing your money manager, but also in the type of account that’s suitable for your needs. Below are some things to look for when choosing a managed forex account.
- The risk level of an account or manager is something to consider. When trading with an individual account, you want to choose a money manager who’s trading style and history is at the level of risk you’re comfortable with. You can advise your money manager on how to trade, but by choosing one that trades with your level of risk already can make all the difference. As well, with trading accounts, you want to choose a pool with your appropriate risk level and trading method.
- Another important factor are the fees, expenses, and minimum deposits involved with a trading account. Many firms will charge performance fees to your account. These fees can vary greatly based on the account type, and risk level of such an account. These rates can range from anywhere between 10%-35% and some cases even higher. These rates are in accordance to a principle called the “high water mark”. This protocol is applied to your account if at the end of each month your net balance is higher than a certain percentage. If this is the case, your account will be deducted the performance fee which is a certain percentage. Some brokerages may also charge an account management fee on top of the other fees for following a specific formula. Also in some cases, there can be a fee for the termination of account in the event of transferring all funds.
- An important factor when choosing a reputable managed forex account is the availability of past performance history. Past performance may not be an indicative factor of future results, but at least the history shows experience of the forex account. There should be published history of at least a few years for a reputable brokerage managed account.
How to open a managed forex account?
Opening a managed forex account is more complicated than you might think. That is why we’ve created a detailed list pertaining to the necessary steps involved. Discover the intricate process in great detail below;
- Before you make the necessary steps to opening an account, you must first determine your risk tolerance. You need to know this so you know who to look for in a money manager, you can view their track record and overall risk score. Another point that goes along with this are your goals. If you want to make higher profits in a short amount of time, high risk managed account might be the option for you.
- Spend time networking and searching for the right forex trader. There are lots of options out there, but not everyone is right for you. Use your due diligence and research, reach out, and network to find the best possible forex brokerage.
- Once you have narrowed down your list of forex traders, you need to go over each contract. Make sure you feel comfortable with everything and understand the max drawdowns, liability coverage, fees and expenses, and so on. Your due diligence is key in obtaining a successfully managed forex account.
- Again, ensure everything is up to spec with the trader your interested in. View past performance reports, client testimonials, reviews, and anything you can dig up on the internet.
- Once you have completed the steps above you are ready to select a forex trader to manage your account. You’ll need to complete and sign the necessary documents, and contracts including the signing of a limited power of attorney agreement (LPOA).
- The next step is to receive your account number and transfer funds into the account. The account number is tied to your name, information, and your segregated trading account. Once everything is in order you can go ahead and transfer the funds, knowing you’re with a trusted and secure forex trader by following the steps above.
- Finally, you wait for the money to be transferred, and it’s complete. It really is a simple process. You can have a managed forex account up and running within a few days. Now, you can analyze your account and even learn from the trades that are being made.
Forex trading
Harness volatility in the world's most-traded financial market with a top in class forex broker 1 on an award-winning trading platform. 2
Forex trading involves risk. Losses can exceed deposits.
Call 1 844 IG USA FX or email newaccounts.Us@ig.Com to talk about opening a trading account.
We’re here 24 hours a day, from 3am saturday to 5 pm friday (EST).
Why trade forex with IG?
Get an edge with our award-winning platform 2 designed to be with you wherever you are. Our platform is web-based platform and available in app stores for mobile devices.
Stay aware of market movements with customizable alerts on IG's platform.
Get friendly, expert support 24 hours a day, except between 5 pm friday - 3 am saturday (EST).
Identify FX opportunities on clear, fast charts and deepen your analysis with prorealtime.
Enjoy peace of mind trading forex with an award-winning forex broker. 1
Open an account quickly and easily – you could be set up and trading forex in minutes.
What is forex trading?
Forex trading is the buying and selling of currencies on the foreign exchange market with the aim of making a profit.
Forex is the world's most-traded financial market, with transactions worth trillions of dollars taking place every day.
What are the benefits?
- Go long or short
- 24-hour trading
- High liquidity
- Constant opportunities
- Trade on leverage
- Wide range of FX pairs
How do I trade forex?
- Decide how you’d like to trade forex
- Learn how the forex market works
- Open a forex trading account
- Build a trading plan
- Choose your forex trading platform
- Open, monitor and close your first position
Open an account now
Fast execution *
React to opportunity across 80+ FX pairs
Trade wherever you are
Trade on the move with our award-winning apps optimized for your device
A broker with a legacy
Our parent company, IG group has 45 years' experience, we're proud to offer a truly market-leading service
How much does forex trading cost?
Margins:
When you trade FX you do so with leverage - meaning you can win, or lose, a significant amount more than your inital deposit - called your margin. Though not actually a cost to you, the margin you pay makes a big difference to the affordability of your forex trade.
Spreads:
Your key payment for forex is the the spread - the difference between the buy and the sell price - our charge for executing your trade. We work to keep our spreads among the lowest in the business.
Spot FX | IG min. Spread | IG av. Spread |
EUR/USD | 0.8 | 0.9 |
AUD/USD | 1 | 1.2 |
USD/JPY | 0.8 | 0.9 |
EUR/GBP | 1 | 1.3 |
GBP/USD | 1 | 1.3 |
EUR/JPY | 1.2 | 1.3 |
USD/CHF | 1.5 | 1.7 |
If you hold a position overnight you there will be a funding adjustment applied to your account. Currency conversion fees may also apply.
With our transparent pricing, you can be confident you understand the value of each trade.
Up to 20% lower spreads on EUR/USD vs top two U.S. Brokers 3
See our full product details
Discover your next opportunity
Search our huge range of forex pairs.
Live prices on our most popular markets
Prices above are subject to our website terms and conditions. Prices are indicative only.
Choose your trading platform
Seize opportunity at your desk or on the go with IG's award-winning platform for desktop and mobile 2 or trade on one third party platforms we offer.
Our intuitive web platform
Metatrader 4
Discover the IG web trading platform, a clear, smart way to trade forex that’s customizable and requires no downloads.
Build forex trading algorithms that will execute your trades automatically with metatrader 4.
Our mobile apps
Prorealtime
Never miss an opportunity, trade forex on the move with our natively designed IG forex for your device.
Deepen your trading anaylsis with prorealtime's clear, advanced, feast charts.
Find your next opportunity in our huge range of over 80 major, minor and exotic forex pairs - starting from just 0.8 pips
Get the latest forex news
EUR/USD steadies after pullback, while GBP/USD and USD/JPY climb
EUR/USD, GBP/USD, and AUD/USD fall back towards key support
EUR/USD, GBP/USD, and AUD/USD struggle to break higher
EUR/USD falters as GBP/USD and USD/JPY move higher
You might be interested in…
Powerful forex charting
Managing your FX risks
Try an IG demo account
Zero in on price action with our clean, fast charts, deepen your analysis with autochartist packages.
Mitigate against forex trading risk with our range of stop and limit orders, and keep an eye on forex prices with customizable alerts.
Test your trading strategies with $10,000 in virtual funds by opening an IG demo account.
1 based on IG US's numerous awards including: investopedia's 2019 best brokers awards (determined by award winners, investopedia's team evaluated more than 70 online brokers, considering thousands of variables across trading technology, mobile capabilities, user interfaces, research tools, costs and fees.), awarded best customer service broker, best value for money, and best educational material by investment trends (determinded by overall relationships in investment trends 2019 foreign exchange report) and winner of FX week's e-FX 2019 award for best retail FX platform of the year (A submissions-bassed process awarded by FX week judges, based on demonstrating innovative ideas and implemented in a practical way for solving issues for clients.)
2 winner of FX weeks e-FX 2019 award for best retail FX platform of the year. The FX week e-FX awards is a submissions-based process where companies are invited to enter the judging process. Awards are given by FX week judges, based on demonstrating innovative ideas implemented in a practical way for solving issues for clients.
3 based on minimum spreads advertised on january 28, 2020 . Excludes competitors' commission-based products.
*based on IG group's OTC data from october 2019. 86 million trades places in FY19 with an avaerage execution speed of 0.014 seconds.
Forex trading
Forex trading costs
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Contact us
New clients: 312 981 0499
Existing clients: 312 981 0498
Marketing partnership: email us now
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is not directed at residents of countries where its distribution, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
IG is a trading name of IG US LLC (a company registered in delaware under number 6570306). Business address, 200 west jackson blvd., suite 1450, chicago, IL 60606. IG is a registered RFED and IB with the commodities futures trading commission and member of the national futures association (NFA ID 0509630).
IG US accounts are not available to residents of ohio.
So, let's see, what we have: are you ready to trade up to 2 million dollars? The platinum trading academy is famous for turning regular everyday traders into profitable professionals. At online trading companies funded forex account
Contents of the article
- New forex bonuses
- THE PLATINUM FUNDED TRADER PROGRAMME
- YOUR FOREX
- DETERMINATION
- Why join the platinum trading team?
- Trading account, fully funded
- Fair profit share
- Exponential growth
- TESTIMONIALS
- The best funded trader program of 2021
- Best funded trader programs
- What makes a good funded trader program?
- Are funded trader accounts worth it?
- 7 best funded trader programs
- 1. Topsteptrader
- 2. Topstepfx
- 3. Earn2trade
- 4. Oneup trader
- 5. Maverick trading
- 6. Try day trading
- 7. Tradenet
- Funded trader program summary
- Best forex managed accounts 2021
- Activtrades
- FP markets
- What is a forex managed accounts?
- How does a managed forex account work?
- Account types
- What should you look for in a managed forex...
- How to open a managed forex account?
- INSTANT FUNDING FOR FOREX TRADERS
- What is your trading personality?
- ARE YOU NEW TO THE FUNDING TRADERS' PROGRAM?
- Choose your funded account model
- The 5%ers funding programs
- Choose your funded account model
- New partnership new features.
- Oneup trader new features
- Account options
- Simplified funding
- Analytics that matter
- Community integration
- Launched june 12, 2017
- Don’t just trade, become a trader
- Reframe your approach to trading
- Don’t just take our word for it
- Who vouches for us?
- Learn what you need, when you need it.
- Ready to earn a funded account and become the...
- Best forex managed accounts 2021
- Activtrades
- FP markets
- What is a forex managed accounts?
- How does a managed forex account work?
- Account types
- What should you look for in a managed forex...
- How to open a managed forex account?
- Forex trading
- Why trade forex with IG?
- What is forex trading?
- What are the benefits?
- How do I trade forex?
- Open an account now
- How much does forex trading cost?
- Discover your next opportunity
- Choose your trading platform
- Get the latest forex news
- EUR/USD steadies after pullback, while GBP/USD...
- EUR/USD, GBP/USD, and AUD/USD fall back towards...
- EUR/USD, GBP/USD, and AUD/USD struggle to break...
- EUR/USD falters as GBP/USD and USD/JPY move higher
- You might be interested in…
- Powerful forex charting
- Managing your FX risks
- Try an IG demo account
- Forex trading
- Forex trading costs
- Learn to trade
- Disclosures
- Contact us
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