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Pauline Martin-Brooks October 21, 2022
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If you’re sick of trader funding programs that have strict rules that don’t suit your trading style, then this might interest you. In our other video, we walk through the launch of Traders With Edge customizations where we allow you to customize your challenge or instant funding account. Check out the other customizations video.
In this video, I’m going to cover four more brand new options that you can use to customize your prop firm challenge to your trading style so that you can get funded more easily.
Okay, let’s get into it. Let’s choose a challenge. Let’s go for a hare two step, 50K account and choose from MT4 or MT5. MT5 has more instruments. On the challenge page, you’ll notice that we can dramatically customize the challenge. More new customizations that have just been launched are the ability to add 60 days to phase one challenge.
Some people want a bit longer to pass. They’re good traders, but they don’t like the pressure of having to pass within 30 days, so you can extend the challenge for an extra 60 days. You’ve got 90 days in total. You now have the ability to hold over the weekend if you want to.
We understand that some swing traders want to hold positions for a longer period of time, and so you now have the ability to do that. If you prefer not to trade with a stop loss, then you can also remove the requirement to have a stop loss, which also removes the risk per trade and the maximum open risk parameters.
Last but definitely not least, you can change the maximum trailing loss to a static maximum loss. What this means is if you start on a $50,000 account and your maximum drawdown is $5,000, i.e. $45,000, then on both your challenge and your live account, the maximum drawdown will stay fixed at $45,000.
Currently, Traders with Edge is the only prop firm that’s allowing you to customize your challenge to this degree. We’d love to hear your feedback in the comments below, so post a comment and let us know your opinion, and we hope to see you in the community sometime soon.
Categories: Member Blogs, Video
Pauline Martin-Brooks
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All content published and distributed by Traders With Edge (Hong Kong) Limited and its affiliates is to be treated as general information only. None of the information provided by the Traders With Edge (Hong Kong) Limited is intended as investment advice, an offer or solicitation of an offer to buy or sell, or a recommendation, endorsem*nt, or sponsorship of any security, company, or fund.
Any information contained on the Traders With Edge website, social media, or any other third party site in relation to Traders With Edge, is used at your own risk and Traders With Edge assumes no responsibility or liability for any use or misuse of such information.
Trading in financial markets is a high-risk activity and it is advised not to risk more than one can afford to lose. Traders With Edge (Hong Kong) Limited does not take into consideration your personal financial situation. If you require financial advice, it is recommended that you speak to a financial adviser or licensed professional.
Traders With Edge (Hong Kong) Limited is not a broker, does not accept deposits for brokers and does not provide any investment services. Traders With Edge (Hong Kong) Limited does not act as or conduct services as a custodian. Purchases of programs should not be considered deposits. All program fees are used for operating costs including, but not limited to, staff, technology and other business related expenses.
Traders With Edge (Hong Kong) Limited operates from RM 2103 Futura Plaza 111, How Ming St Kwun Tong, Hong Kong, though it does not accept residents from Hong Kong, Australia, Cuba, Iran, North Korea, Sudan or Syria.
This website is not part of the Facebook website or Facebook Inc. Additionally, this site is not endorsed by Facebook in any way. Facebook is a trademark of Facebook, Inc. Complete details for Facebook’s legal terms and policies are are available on their website. Facebook is a trademark of Facebook, Inc.
We use Google remarketing pixels/cookies on this site to re-communicate with people who visit our site and ensure that we are able to reach them in the future with relevant messages and information. Google shows our ads across third party sites across the internet to help communicate our message and reach the right people who have shown interest in our information in the past.
