Becoming a funded trader with TradeApp involves a 3-step process designed to assess your trading skills while ensuring disciplined risk management:
Phase 1: TradeApp Challenge
In the first step, you’ll participate in the TradeApp Challenge, where you must meet specific profit targets while adhering to the platform’s risk management rules. The goal is to reach a 10% profit target while ensuring your daily loss does not exceed 5%, and your overall loss does not exceed 10% of the initial capital. You must trade for a minimum of 4 trading days during this phase.
Phase 2: Verification
Once you successfully complete Phase 1, you’ll move on to the Verification Phase. In this phase, you must demonstrate consistency by reaching an 8% profit target while following the same risk management rules as in the challenge phase. This stage requires a minimum of 4 trading days to confirm that your success in Phase 1 wasn’t due to chance or risky trades.
Step 3: Funded Trader Status
After completing both phases, you’ll be officially assigned a Funded Account. With this account, you’ll trade simulated capital provided by TradeApp and can earn between 80% to 90% of the profits generated, depending on the size of your funded account. At this point, you’re free to continue trading while managing risk and growing your profits.
By completing these steps, you’ll join a network of skilled traders managing significant capital, where you will keep 80-90% of the profits you generate.