Profit Sharing

Earnings generated in a funded account are typically divided between the trader and the funding company. The split often ranges from 50/50 to 80/20, favoring the trader. The exact distribution depends on the specific program and the size of the account.

Top 5 Free Forex Funded Account Programs that Don’t Require Deposits

We compiled a list of the top 5 forex funded accounts that don’t require a deposit.

1. The 5ers

   The 5%ers provide three distinct programs, each requiring a one-time fee. These programs vary in fees and potential funding capital:

   • Hyper Growth Program: Entry fee ranges from $260 to $850, with funding capital between $5,000 and $20,000, and a leverage of 1:30.
   • High-Stakes Challenge: Entry fee is $39, offering funding capital from $5,000 to $100,000, with a leverage of 1:100.
   • Bootcamp Program: Entry fee is $95, with funding capital ranging from $100,000 to $250,000, and a leverage of 1:10.

Additionally, the profit targets for these programs range from 5% to 10%.

1. City Traders Imperium

   City Traders Imperium offers the opportunity to become a funded trader by completing a challenge. These challenges range in value from $5,000 to $100,000. Additionally, they have one-time fees that vary based on the challenge size, starting at $59 and going up to $509.

   The challenge is divided into two parts: the first part lasts 45 days with a 10% profit target, while the second part lasts 5 days with a 5% profit target. Moreover, the profit split during the challenge can reach up to 100%. All challenges provide a leverage of 1:33.

2. FTMO

   FTMO is a reputable provider of forex-funded accounts, known for its stringent application process. Initially, the process begins with the FTMO challenge, a 30-day period where traders must meet specific profit targets.

   Upon successfully completing this challenge, traders move on to a 60-day verification phase. During this phase, they must replicate the success achieved in the initial challenge. Only after successfully navigating this 90-day process will FTMO extend an offer to the trader. The forex-funded accounts available range from $10,000 to $400,000.

   Additionally, notable features of the FTMO-funded trading program include 1:100 leverage, access to trading platforms such as MT4, MT5, and cTrader, a free trial option, and a diverse range of markets including currency pairs, cryptocurrencies, indices, and stock CFDs.

3. The Funded Trader

   The Funded Trader offers a unique approach to funded accounts, with a video game-like interface and four challenges from which traders can select from:

   • Standard Challenge: This option provides accounts funded with $10,000 to $400,000. You can choose between swing and regular risk, with a 35-day trading period, 1:60 leverage, and a 10% profit target.
   • Rapid Challenge: Accounts are funded with $10,000 to $200,000. Similar to the Standard Challenge, you can choose between swing and regular risk. It also has a 35-day trading period, but with 1:30 leverage and an 8% profit target.
   • Royal Challenge: This challenge funds accounts with $50,000 to $400,000. It has a 35-day trading period, regular risk, 1:200 leverage, and an 8% profit target.
   • Knight Challenge: Accounts are funded with $25,000 to $200,000. This challenge offers an unlimited trading period, 1:30 leverage, and a 6% profit target.

   Each challenge comes with a fee, which varies based on the type of challenge and the size of the account. Therefore, it’s important to consider these factors carefully before making a decision.

4. My FxFunds

   MyFxFunds offers an appealing forex-funded account with options suitable for traders at all experience levels. Depending on your expertise, you can join one of their trading programs:

   • Rapid: Designed for novice traders, this training program offers account sizes from $10,000 to $100,000. You can earn bonuses while learning, with no time limit, and payouts that increase over time. The registration fee ranges from $99 to $749.
   • Evaluation: This program serves as a testing ground for traders seeking funding, with account sizes from $5,000 to $300,000 and 1:100 leverage. The registration fee ranges from $49 to $1,389, with an 8% profit target.
   • Accelerated: Aimed at professional traders, this program allows you to skip the evaluation phase and start with account sizes from $2,000 to $50,000, which can later be scaled up to $2,000,000. It offers 1:100 leverage, with a registration fee ranging from $99 to $4,900, and a profit target of 10-20%.

   These programs cater to different levels of trading experience, providing flexibility and opportunities for growth.

   Conclusion

   When choosing from the best forex-funded programs, you need to know which assess their features and programs, and make your choice based on your experience level and personal trading preferences.