Description
Make your payments and receive the Funded account login and password with sever and trading deatails.https://propfirms.sbs/product/5000/
$5 ACCOUNT CHALLENGE
Currencies to Trade: All currencies, no limitation
Profit target: 20%
Daily drawdown: 20%
Overall drawdown: 30%
Profit share: you take 70%, we keep 30%
Minimum trading days: no limitation
Leverage: 1:2000
Time limit: Unlimited
Profit consistency: Non
Pay out circle: Weekly
News Trding: NOT ALLOWED
Martingale trading: Allowed
https://propfirms.sbs/product/5000-funded-account/
A Funded Account Challenge is an evaluation process by proprietary (“prop”) firms that allows traders to manage large capital (e.g., $10k–$400k+) without risking their own, in exchange for a fee. Traders must meet specific profit targets (often 5–10%) while adhering to strict daily and maximum drawdown limits (typically 3–5% daily, 10% total). Successful completion grants a funded, live, or simulated account with profit-sharing, often ranging from 80% to 95%.
- Structure: Challenges can be one-step or two-step, testing consistency, discipline, and risk management.
- Rules: Strict limits include max daily loss (e.g., 3-5%) and total drawdown (e.g., 10%).
- Costs: Fees are paid upfront to enter, with costs varying by account size (e.g., $100k for
$500).
- Strategy: Success requires consistent, non-emotional trading, often using, for instance, a 1:2 risk-to-reward ratio and price action strategies.
- Goal: To gain access to significant capital, build a track record, and earn regular, high-percentage profit splits.
- Select a Firm: Choose a reputable firm (e.g., The Funded Trader, that matches your trading style.
- Purchase/Register: Pay the fee for the desired account size.
- Pass Phase(s): Meet profit targets without breaching drawdown rules.
- Verification & Funding: Complete any mandatory verification steps to get your funded account.
- Trade & Profit: Trade the account, following risk protocols, to earn payouts.
- Drawdown Limits: Strict daily/maximum limits often result in account breaches, making disciplined risk management essential.
- Time Limits: Some challenges have maximum, or conversely, minimum, trading day requirements.
- Pressure: The pressure to meet targets can lead to overtrading and emotional mistakes.
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