Unveiling Direct Funded Trader: A Gateway to Professional Trading Success
Introduction to Direct Funded Trader
Direct Funded Trader, a rising star in the world of proprietary trading firms, has emerged from the heart of the United Arab Emirates on February 28, 2023. With an unwavering commitment to nurturing trading talent, this innovative firm offers traders an exceptional opportunity to unlock their potential through a meticulously designed Two-Step Evaluation Program.
The Two-Step Evaluation Program: A Crucible for Trading Excellence
Uprofit: 5 key aspects
- Two-Step Assessment Program for Business Excellence
- Phase One: 8% profit target with strict risk parameters
- Phase two: 5% profit target with continuous risk management
- Account funded at program completion, free of profit targets
- Commitment to empowering traders and unlocking their potential
The Two-Step Evaluation Program is a rigorous yet rewarding journey that separates the exceptional traders from the ordinary. Crafted to identify individuals with unwavering consistency and proficiency, this program challenges traders to navigate two distinct phases, each with its own set of objectives and risk management parameters.
Phase One: Establishing a Foundation of Success
In Phase One, traders must demonstrate their ability to achieve an 8% profit target while adhering to strict risk management guidelines. They must navigate the markets without exceeding a 5% maximum daily loss or a 10% overall loss. With no maximum trading day requirement, traders have the flexibility to progress at their own pace, but a minimum of five trading days is essential to qualify for Phase Two.
Phase Two: Refining Skills and Achieving Mastery
Phase Two elevates the challenge, requiring traders to achieve a 5% profit target while maintaining the same risk management constraints as Phase One. By successfully completing both phases, traders prove their mettle and earn the coveted funded account.
Transition to Funded Account: A Path to Trading Freedom
Upon graduating from the Two-Step Evaluation Program, traders are granted a funded account. This account provides them with the resources to trade professionally, free from profit targets. However, the responsibility to adhere to the 5% maximum daily loss and 10% overall loss rules remains paramount.
Direct Funded Trader: Empowering Traders to Reach Their Potential
Uprofit: 5 key aspects
- Two-Step Assessment Program for Business Excellence
- Phase One: 8% profit target with strict risk parameters
- Phase two: 5% profit target with continuous risk management
- Account funded at program completion, free of profit targets
- Commitment to empowering traders and unlocking their potential
Direct Funded Trader stands as a beacon of opportunity for aspiring traders. Through its Two-Step Evaluation Program, the firm provides a structured path for traders to hone their skills, develop their strategies, and ultimately achieve their trading aspirations. With a commitment to supporting traders’ journeys to success, Direct Funded Trader is a catalyst for unlocking the full potential of the trading community.