Did you try to play some flight simulator game before? There was a cool opportunity to sit at the helm of a giant plane, push buttons, learn and try to fly. And there was no risk at all! Trading – this process that looks quite similar to the flight simulator game – may be pretty risky when you start dealing with money. Therefore, in order not to suffer from financial losses at the beginning of the adventure, it is important to prepare well by trying yourself in the role of trader. Just as it is possible to practice flying on the computer without any costs at all, it is also possible to Try funded account free with the help of Fundingpips.
The Great Problem and Its Solution
For example, you are an experienced, creative builder in Legos; you are able to create the most fantastic structures. However, you have only 50 Legos. How will you build your fantasy castle or ship using such a few bricks? You will not be able to realize your idea because you lack resources to do so.
And the same story happens in the field of finance: many talented traders who know how to make profits often do not possess sufficient capital. It seems to them impossible to win huge sums of money as long as they have nothing to invest in trading. It is difficult to build a wonderful castle with only 50 Legos.
Fortunately, there are companies which act as sponsors of talented young people. They are willing to provide a huge amount of bricks to you as soon as you demonstrate your unique ability to create impressive constructions. The sponsor gives you a huge warehouse filled with millions of Legos, asks you to go ahead and invent anything interesting that could bring a good prize. If you are successful, the sponsor allows you to take the main prize. Only a small part will go to its owner. In the area of trading, such organizations are called Proprietary Trading Firm or simply Prop Firm.
The Official Driving Test
However, it should be mentioned that not everyone can receive access to millions of Legos. Before providing you with the opportunity to deal with a huge capital, the sponsor wants to make sure that you know how to work. Therefore, you need to successfully pass the special driving test provided by Fundingpips. It is named an evaluation and consists of two parts:
Level 1 – Student Driver. At this stage of evaluation, you need to demonstrate the ability to move forward (generate profit). There are certain rules you must not break (for instance, you are not supposed to lose too many bricks within one week).
Level 2 – Licensed Driver. After the first stage, you should repeat all actions in the second phase. Thus, you will prove your consistency to your potential employer. The success will allow you to become a Master Trader. At this moment, you get a real funded account in exchange for the driving license.
As a result, you can become the owner of your profit without any restrictions (except for the rules of the game, of course). And what is more, Fundingpips guarantees you fast payment of the profits. In other words, you will get your prize faster than other people!
The Champion's League
After becoming a Master Trader and passing all stages of evaluation, you automatically enter the professional league of the competition and have proved your discipline, consistency, and skillfulness. However, it is necessary to mention that the higher you climb, the greater your chances of winning become. So, in order to become a champion, you need to continue to confirm your exceptional talents.
At the same time, with each new victory, your privileges become wider. Your future achievements in the role of Master Trader may open new doors for you. As you grow into a more advanced Master Trader, you get access to better conditions, i.e., Prime funded account that have more trading capital and better terms. And finally, at the last step of professional development, a Master Trader becomes an elite trader who can enjoy Prime account.