Investing & Day Trading Education:  Day Trading Academy

Making money with Forex: Introducing Forex funding

Now at SpeedUp Trader, we have forex funding accounts. Although at Day Trading Academy we have always recommended not to start in the world of trading with forex due to the high level of manipulation that occurs there (with an average of 76% of losing accounts), we want to allow those people who believe they can make money in it.

We’ll have leveraged accounts between 100,000 and 500,000. As requirements for those who decide to enter Forex trading is to have a thousand dollars of profit, which translates into about 33 dollars of profit per day. In this way, we facilitate the operation, since we do not impose a limit on the number of lots. The test will be done in Meta Trader 5, we will handle commissions but they will be a very small percentage and we will not charge Spread, we’ll only handle a fixed commission. We’ll have the same rule of the funding, which consists in that the first 7,000 dollars in earnings will be 100% for those who pass the test and then 80% for you and 20% for SpeedUp. For the amount, we’ll only charge $79 to participate in the Forex test and the price will go up over time, so be encouraged and dense the opportunity to be funded.

Here is the article on Forex manipulation and the percentage of losing accounts:

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