![]() ![]() But UProfit updates this drawdown every day, so each day feels like a new start.īut remember, you need to stay within the limits of your account. There's also a rule about the maximum amount your account can go down, named drawdown. Yet, when big economic news comes out, you're free to trade.Įvery account type has limits on how much you can lose in a day, known as the Daily Loss Limit. This means you don't leave trades open overnight. It's like proving you're serious.Īll trades need to be done within the same day. The firms want you to trade for at least ten days during their qualification period. But these rules are there to help you stay sharp in your trading.įor instance, you need to be active. When you start with UProfit, there are rules. If saving while earning is your thing, forex prop trading firms like UProfit might be worth considering. They want traders to reach their potential without spending too much. They give you the platform, and you decide your trading style. This means you can trade without special rules when big news events happen. It lets you start small and grow as you learn.Īnd if you like trading when there's news about the market, UProfit has News Freedom. These contracts are smaller, only 1/10 the size of the regular ones. There's the Micro Contracts feature for those still learning or with smaller accounts. In total, all these accounts can hold up to $600,000. With UProfit, you can manage up to three accounts using just one login. Suppose you manage trading accounts for others, like friends or family. After you've earned that, there's a split where you still get the lion's share, 85% of it. For the first $8,000 you make, you get to keep it all. Your money comes to you when you need it. You don't need to jump through a lot of hoops. When you want to take out your earnings, UProfit lets you do so in just one business day. There's just a one-time setup fee at the start. Imagine once you have the funds in your account, you don't have to worry about paying every month. There's another big plus: No Monthly Fees. This means you can use more than just one kind of software. If you use platforms that can work with Rithmic Data, UProfit is a good match. They offer tools and benefits to help reduce some of the usual costs traders face.įirst, they have this thing called a Free Data Feed. UProfit is one of the best prop trading firms designed for people interested in forex trading. They have a team that's there to support you. However, it's about more than just providing capital. UProfit provides a straightforward way for traders, no matter their experience level, to work towards trading as a primary source of income. If you've been thinking about how to move forward in your trading, this could be an answer. By joining UProfit, you can use some capital, improve your skills, and push your trading abilities even further. ![]() It's like a stepping stone to help grow your trading abilities. In the trading world, a Texas-based online platform is UProfit Trader. ![]()
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