You’re not only risking your hard-earned money when you trade in retail, but you’re your own boss as well. Trading in general is often underestimated, and although many people say “being your own boss” is great, it’s actually not easy. For traders who wish to advance their trading skills, they can choose to work for a modern prop trading firm where they can keep their risk and balance in check and can afford to make major mistakes. How does it benefit you? Trading at prop firm ea is a rewarding experience for traders, as they can make trades in Forex, Indices, Commodities, Stocks, Cryptocurrencies, and many other markets. Interested in finding out more about trading? Let’s look at some of the biggest benefits.
The trading balance is large
In addition to covering our traders’ losses, we also allow them to work with up to $400,000. Accounts range from 10 thousand dollars all the way up to 200 thousand dollars for those who want to start a little smaller. A substantial account size is required to trade for a living. There is no way around it if you wish to make a living from it. In reality, you need quite a bit of money to trade for a living. In addition to the fact that not everyone can afford to deposit $400,000 into their account with prop firm ea, the psychological ease and reduced stress that comes from not risking your own hard-earned money make trading more enjoyable.
For example, if you started with a $5,000 account, and gained 10% in one month, you would have $500. Although 10% gains in one month are amazing, if it’s only $500, it won’t cover all your monthly expenses. It is practically impossible to make a living from successful trading if one considers that it consumes a great deal of your time and mental capital. If you have a $200,000 trading account, let’s imagine a 10% gain. It doesn’t take long for you to see a profit of $20,000 suddenly. You keep the 80% split of your profits, which in this scenario amounts to $16,000 since you’re trading an FTMO Account. Living on $16,000 is very doable. Surely that’s a much better solution? To live a comfortable life, you need to earn at least ten or twenty thousand dollars a month. Furthermore, our Scaling Plan allows our traders to grow constantly, which is easy thanks to it. With the Scaling Plan, long-term profitable traders can achieve unlimited success.