FundedLions has announced the upcoming launch of a new 100% A-Book Two-Phase Program, designed to eliminate conflicts of interest between the firm and its traders. This program will ensure that all funded traders are backed by real funds, providing greater transparency and a more authentic trading experience.
Overview of the New A-Book Two-Phase Program
The new program will include the following key elements:
- Two-Phase Evaluation:
- Phase 1: Achieve a 10% profit target.
- Phase 2: Reach a 5% profit target.
- Risk Management:
- 10% Overall Drawdown (O.D.) limit.
- 5% Daily Drawdown (D.D.) limit.
- Payout Structure:
- Weekly payouts with a 70% profit split for traders.
Key Features of the 100% A-Book Model
- Real Fund Backing: All funded accounts will be supported by real funds, with evidence of the A-Book process available upon request. For example, a trader funded with a $10,000 account will have it backed by $1,000 in real funds on a liquidity provider (LP).
- Full Payout Approval: Traders can expect 100% payout approval, ensuring that earnings are fully accessible.
- Permissible Trading Activities: The program allows for all types of trading activities, including high-risk strategies that may be considered gambling.
Focus on Transparency and Reducing Conflicts
FundedLions aims to reduce potential conflicts of interest between traders and the firm by ensuring all trades are executed in the real market. This approach seeks to foster a more genuine trading environment, aligning the firm’s growth goals with the interests of its traders.
Challenges and Considerations
Backing funded accounts with real capital involves significant risk for FundedLions, but the firm views this as a necessary step to build trust and credibility within the trading community. FundedLions aims to set a new standard for transparency in the prop trading industry by providing verifiable evidence of real fund backing.
