What is a Free Funded Forex Account?

A free funded forex account refers to a trading account where the broker or funding company provides capital for you to trade without requiring an initial deposit from your side. Essentially, these accounts allow traders to start trading in the forex market without risking their own money, although some conditions typically apply. Here’s how it works: No Initial Deposit Required: You don’t need to deposit your own funds into the account. The capital to trade is provided by a funding company or broker. Profit Sharing: You might be required to share a portion of the profits you make from trading with the funding provider. The exact percentage of profit sharing can vary. Performance Evaluation: Many of these programs involve a trial or evaluation process where you need to demonstrate your trading ability before receiving the full funded account. If you pass, you'll get access to a live trading account with the funded capital. Risk Management: Since you are trading with the broker’s or funder's money, there are usually strict risk management rules. For example, there might be maximum drawdown limits, trade size restrictions, and other trading guidelines to protect the funder's capital. Access to Capital: Free funded forex accounts are often offered by companies that specialize in providing funding to traders who show potential but lack the initial capital to trade effectively. 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/