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BEAT THE RAT RACE
Business & Automation 🚀 Without the Guesswork
"CurrencyProfit.com is your ultimate resource for entrepreneurship & wealth automation"
TRADING | BUSINESS | WEALTH | SALES
Tuesday, August 22, 2023
EVALUATION PROCESS
STEP ONE
PUT YOUR SKILLS TO THE TEST
Consider this as your practice arena. You have an unrestricted timeframe to achieve a 10% profit goal, all the while adhering to the 5% daily and 12% overall drawdown limits. Successful traders will progress to the experienced trader level within 72 hours of completing the challenge. Whether you complete it in 10 days or 2 hours is entirely up to you. This program is designed for efficiency and grants access to trading commission-eligible paper funds in as little as 3 days.
STEP TWO
LEVERAGE YOUR SKILLS IN THE MAREKET
Congratulations on elevating your trading skills to new heights. Showcase your trading prowess in this phase and qualify to earn up to 80% of your simulated profits through a performance commission. As your partnership with us matures, you'll gain the privilege of receiving commission payouts every two weeks. The experienced trader stage involves a commission-eligible paper trading account..
EVALUATION PROGRAMS 💰 UP TO $300,000
1-Step
Evaluation
$50,000
Leverage 1:100
Time Unlimited
Profit Target 10%
Max Drawdown 12%
Daily Drawdown 5%
EAs Allowed
News Trading Allowed
Profit Split Up to 80%
Minimum Days None
Upgrade to Live 72h
Price $395
1-Step
Evaluation
$100,000
Leverage 1:100
Time Unlimited
Profit Target 10%
Max Drawdown 12%
Daily Drawdown 5%
EAs Allowed
News Trading Allowed
Profit Split Up to 80%
Minimum Days None
Upgrade to Live 72h
Price $593
1-Step
Evaluation
$200,000
Leverage 1:100
Time Unlimited
Profit Target 10%
Max Drawdown 12%
Daily Drawdown 5%
EAs Allowed
News Trading Allowed
Profit Split Up to 80%
Minimum Days None
Upgrade to Live 72h
Price $953
1-Step
Evaluation
$300,000
Leverage 1:100
Time Unlimited
Profit Target 10%
Max Drawdown 12%
Daily Drawdown 5%
EAs Allowed
News Trading Allowed
Profit Split Up to 80%
Minimum Days None
Upgrade to Live 72h
Price $1493
1-Step Program
Phase 1
Funded Stage
Profit Target
10%
No Profit Target
Daily Drawdown
5% Equity
5% Equity
Max Drawdown
12% Trailing Equity
12% Trailing Equity
Expert Advisors
Allowed (See Terms)
Allowed (See Terms)
News Trading
Allowed
Allowed
Payout 1
N/A
50%
Payout 2
N/A
50%
Payout 3
N/A
70%
Payout 4+
N/A
80%
What do we offer?
CurrencyProfit.com stands as a fully simulated proprietary trading firm tailored for forex enthusiasts to challenge and refine their skills within a paper trading environment, offering enhanced potential rewards through our commission structure.
Demonstrate positive trading performance in the evaluation stage and unlock access to up to $600,000 in commission-eligible simulated buying power. Enjoy the opportunity to take home as much as 80% of the gains from your "funded trader" stage account via our paper trading commission structure.
We understand the value of time. Our streamlined process expedites your journey, allowing you to trade your commission-eligible paper trading account within a mere 72 hours of successfully completing the evaluation.
All simulated accounts come equipped with a $3 simulated commission per lot, facilitated by Forexware, a third-party broker.
CurrencyProfit welcomes traders from around the globe to join our platform.
Frequently Asked Questions
Don’t see your question here? Connect with our live chat or leave a message in our contact form below.
How Do I Get Started With CurrencyProfit?
Begin your mission by scrolling to the “Funding Evaluations” section of the website. Select “Start” under the account size you’d like to participate in. You will be directed to the account creation page. Once you create your account, you will be emailed your login credentials to our website. From there, you will be able to sign in and purchase your challenge. After your evaluation is purchased, our system will send your account credentials to your email address instantly. Remember to read through our FAQ for the specific trading objectives and rules before beginning.
How Many Accounts Can I Have?
We do not have a maximum number of accounts, as long as you are within our maximum allocation which is currently $600K per trader.
What Is The Maximum Capital I Can Receive?
The maximum amount of commission eligible buying power that a trader can unlock during the experienced trader stage is currently $600,000. Our largest evaluation offering is currently 300k, traders may acquire multiple evaluations, however you must not exceed 600k in active funded accounts. .
How Much Leverage Is Offered?
Base leverage on all simulated accounts are set at 1:100 with Foreware, during the evaluation as well as the experienced trader stage.
Please have a close look at the contract sizing provided by the price provider before beginning the program, as different instruments will carry different levels of margin on all paper trading accounts.
How Does The Profit Target Work?
The profit target during the 1-Step evaluation is a 10% gain from the starting balance of the account. For example, if the starting balance is $100,000, your profit target is $10,000. There is no profit target during the experienced trader stage.
What Is The Maximum Capital I Can Receive?
The maximum amount of commission eligible buying power that a trader can unlock during the experienced trader stage is currently $600,000. Our largest evaluation offering is currently 300k, traders may acquire multiple evaluations, however you must not exceed 600k in active funded accounts. .
How Are Payouts Processed?
All payouts are processed through Cryptocurrency.
When traders are eligible for commission payouts, they will have the option to receive performance commission payouts on either the BTC (Bitcoin Network) or USD-T (ERC-20 Network).
Payouts are reviewed and sent to the trader within 1-5 full business days of the request, please be mindful that weekends and U.S. holidays would not be a part of the processing time.
Which Trading Styles Are Accepted?
Whether your a fan of Support/Resistance, Candlestick Patterns, EA’s, Supply/Demand or Smart Money Concepts, you are free to use it on our simulated accounts.
The most successful traders in the world all have different strategies/backgrounds, and we understand that.
Although we enforce no restrictions during the evaluation stage, using the following strategies/approaches during the experienced trader stage is prohibited and will be subject to review:
Grid Trading or Grid Trading Softwares
Martingale Trading Or Martingale EA’s
Latency Arbitrage
Hedging Orders Across Multiple Accounts
Abusing The Volatility Of News By Placing Guaranteed Limit Order Fills
Any Use Of Delayed Data Feeds For Risk-Free Profit
Copy Trading Among Multiple Users On Our Platform
Account Management By A 3rd Party
We want to be as open as possible when it comes to the trading styles that you can use while undertaking the program. The strategies above are prohibited during the funded stage as they either cannot be replicated into the live market (Toxic data in the event that we send your orders offshore for potential data monetization), thrives on demo conditions only, or because they are designed to game the system.
What Documents Are Required For Funding?
Once the evaluation stage is complete, and before our traders move on to the funded trader stage, we require a KYC/AML screening to verify your identity.
The KYC process includes a photo copy of your ID or passport, proof of residency, and a selfie. Traders must also submit a signed copy of the experienced trader agreement. Once verified, you will move on to the experienced trader stage, which is the stage in which you are eligible for commission based payouts.
When a trader completes the evaluation stage and completes the KYC process, their commission-eligible account is sent and enabled in 3 full business days.
Am I Being Funded With Real Money?
When a trader reaches the “funded trader” stage, they are trading a simulated account in which they are rewarded commissions for, in exchange for positive performance during this level of the program aligned with the program rules.
While performance commission is paid to a trader during the “funded trader” stage, the trade data of experienced traders can be monetized and utilized for further benefit by copy trading the data into the firms very own fund. This allows the trader to provide an offering as a “data analyst” to the firm, allowing them to be eligible for commission payouts of 50%, 70%, or 80% while providing such services to us, the numbers will change based on the value of each traders trading data, determined by performance and regular commission payouts.
About Us:
At CurrencyProfit.com, we’re committed to supporting your journey toward greater financial understanding. Our goal is to offer educational content and tools designed to help you make more informed decisions about managing and growing your money. While we don’t guarantee specific outcomes, we strive to share insights and strategies that have been used by financially informed individuals, so you can explore business and finance with more clarity and confidence.
Help@CurrencyProfit.com
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