what are the requirements to get a free funded forex account in india

Getting a free funded forex account in India typically involves meeting certain criteria set by brokers or trading platforms that offer such programs. While the exact requirements may vary by broker, here are some common steps and requirements you might need to fulfill: 1. Register with a Forex Broker Offering Funded Accounts You need to find a forex broker or platform that offers free funded accounts to traders. These brokers often have specific programs or promotions to encourage new traders or those with potential. 2. Complete the Registration Process Sign up: Create an account with the forex broker offering funded accounts. Verification: Complete the necessary KYC (Know Your Customer) process. This includes submitting identification documents (Aadhar card, PAN card, proof of address) for verification. 3. Meet the Trading Experience or Skill Criteria Some brokers require you to demonstrate a certain level of skill or experience before offering a funded account: Demo Trading: You may need to trade on a demo account for a period and show consistent profitability or trading skills. Test Challenges: Some platforms offer "funded account challenges" where you need to pass a test (e.g., make a specific profit percentage within a set number of days) to qualify for a funded account. 4. Deposit or Risk-Free Challenge While you might not need to deposit money upfront in some cases, some brokers offer a "challenge" where you trade a demo account with virtual funds. Once you achieve the required performance (such as a certain profit percentage or risk management), you may be granted a funded live account. Free Trials or Promotions: Some brokers occasionally run promotions where you can get a funded account without an initial deposit, but these are typically time-bound offers. 5. Demonstrate Proper Risk Management Many brokers or funding programs require you to show that you can manage risk effectively. For example, maintaining a certain risk-to-reward ratio or following a set drawdown limit. 6. Follow Broker-Specific Terms Each broker will have its specific terms and conditions, which could include things like how you share profits, the time you have to prove your abilities, and any rules for trading strategies. Some brokers may offer free funded accounts as part of an affiliate program, where referring other traders can get you access to such offers. 7. Be Aware of Restrictions Some funded accounts may come with restrictions on trading strategies (e.g., scalping or high-frequency trading may not be allowed). You might also have to share profits with the broker once the funded account becomes active. Popular Forex Platforms Offering Funded Accounts (in India): FTMO: Known for offering funded trader programs after completing a challenge. The5ers: Offers a funded trading account after passing a qualification process. Earn2Trade: Offers funded accounts for traders who can demonstrate consistent profits. Contact us Address – 1st Floor, The Sotheby Building, Rodney Bay, Gros-Islet, SAINT Lucia P.O Box 838, Castries, Saint Lucia Phone no – +97144471894 Website – https://winprofx.com/