FundYourFX Update
FundYourFX has announced that it decided to eliminate the requirement for stop-loss orders for its traders, allowing for a more flexible trading strategy that may suit various trading styles and risk management approaches. This change is aimed at providing traders with greater control over their trading decisions and the potential to maximize profits without the mandatory use of stop-loss orders.
Secondly, FundYourFX will no longer be accepting clients from the United States. This decision may be in response to regulatory considerations and compliance requirements, impacting U.S.-based traders who are looking to participate in the prop trading firm’s offerings.
Why Trade with FundYourFX?
Despite these changes, FundYourFX continues to offer compelling reasons for traders to choose their platform. Here’s an overview of the benefits provided by FundYourFX:
- Up to 90% Profit Split: Traders can earn up to 90% of the profits generated, which is quite competitive in the prop trading industry.
- Up to $2M in Capital: Ambitious traders have the opportunity to scale their trading with up to $2 million in capital.
- 3 Years in the Industry: FundYourFX brings three years of experience in the prop trading sector, especially in the instant funding program, offering reliability and trust.
- High Leverage of 1:100: The firm offers high leverage options, allowing traders to maximize their trading potential.
- Weekly Payout: Profits are distributed on a weekly basis, ensuring traders have regular access to their earnings.
- Personal Support: Traders receive personal support to aid in their trading journey.
- Refundable Fee: The initial fee paid by traders is refundable under certain conditions, adding an extra layer of financial security.
- Account Scaling for Every 10% Profit Hit: Traders are rewarded for their success with the opportunity to scale their accounts for every 10% profit achieved.
- News Trading Allowed: The firm permits trading during news releases, offering more trading opportunities.
- Expert Advisors (EAs) Allowed & No Stop Loss Rule: Traders can use EAs to automate their strategies, and with the new policy, they are not required to set stop-loss orders.
These benefits highlight FundYourFX’s commitment to providing a supportive and flexible trading environment. While the recent policy updates mark a change, the firm’s overall offering remains attractive to many traders seeking to leverage their skills in a prop trading setting.
