Nordic Funder Zero Commission Trading
Nordic Funder has announced they now offer zero commission trading on their funded accounts. This eliminates a significant cost associated with trading, potentially boosting your overall returns.
Transparent and Manageable Goals:
The program is designed with clear and achievable objectives:
- Profit Target: Reach a 10% profit on your starting capital to qualify for a funded account or scale to a larger one.
- Drawdown Limits: Manage risk:
- 10% Maximum Trailing Drawdown: Ensures your account equity never falls below 10% of its highest value.
- 5% Maximum Daily Loss: Limits daily losses to 5% of the previous day’s closing balance, providing an additional safety measure.
Flexibility for Your Trading Style:
Nordic Funder prioritizes flexibility for traders:
- No Time Constraints: Take your time or complete the challenge quickly. There are no minimum or maximum trading days to pass the assessment.
- One-Stage Assessment: Pass the assessment once and gain access to a funded account. No recurring fees or hidden costs.
- Scalable Lot Sizes: Trade with lot sizes that align with your account size and leverage. This allows you to adjust your risk exposure based on your trading strategy.
Platform and Broker Details:
- Platform: Currently, Nordic Funder only supports MetaTrader 4 (MT4). They are working on adding compatibility with other platforms.
- Broker: Nordic Funder uses Scandinavian Capital Markets, a well-established Stockholm-based broker, for their MT4 accounts. This partnership provides them with significant capacity.
Additional Considerations:
- Refundable Fee: The assessment fee is refundable if you achieve the 10% profit target and scale your account. This applies only to the initial assessment and not to any add-on fees.
- Expert Advisors (EAs): You can use automated trading strategies (EAs) developed by yourself or commercially purchased robots that you’ve customized for your specific strategy.
Is Nordic Funder a Good Fit?
With zero commission trading, a clear structure, and a focus on trader flexibility, Nordic Funder could be an attractive option for aspiring traders seeking a prop firm program. Visit Nordic Funder website to explore their program requirements and eligibility in more detail.
