Introduction:
As a trader, gaining access to a free prop firm funded trading account can be a game-changer, allowing you to trade with real money and potentially earn profits without risking your own capital. In this article, we will explore the Top 6 Free No Deposit Funded Prop Firm Competition Accounts for Traders free no deposit bonus funded forex trading accounts available for traders, offering an opportunity to a free prop firm accounts in the form of free funded competition, enhance your trading journey and unlock exciting possibilities.
1. The Funded Trader:
The Funded Trader is a popular platform that provides free funded accounts to traders. They offer different account sizes and funding levels, allowing traders to choose the option that suits their trading style and goals. Traders can access a free no deposit prop firm trading accounts, real-time trading platforms, receive competitive profit splits, and benefit from personalized coaching and support. The funded trader hosts monthly free funded trading competitions and here is the awards or prizes:
First Place
$300k Royal Challenge + $5,000 Cash
Second Place
$300k Royal Challenge + $3,000 Cash
Third Place
$200k Royal Challenge +$2,000 Cash
4th Place
$200k Royal Challenge
5th Place to 25th Place
$100k Royal Challenge
26th Place to 75th Place
$50k Knight Challenge
76th Place to 100th Place
$25k Knight Challenge
Additionally, if your profit reaches $30,000
10k Knight Challenge
Rules:
Follow all the same rules for the challenges:
5% Max Daily Drawdown
10% Max Total Drawdown
5 Minimum Trading Days
EA's are not allowed
No taking advantage of unrealistic fills in the demo environment
Daily Drawdown will now be calculated based on Balance or Equity whichever is higher at the end of the day
There following lot size rules apply:
5 Lot Max for Forex Pairs
3 Lot Max for Indices
3 lot for Crypto, Commodities
5 positions max open at any given time
Only 1 account per person is permitted
The competition starts on the first of the month and ends on the last day of the month.
If you end up being one of the winners, someone from our Trader Success Team will reach out with the appropriate prize.
2. Funded Next:
Funded Next is another renowned provider of free funded accounts. Traders can participate in their evaluation process, showcasing their skills and trading strategies. Once successfully approved, traders receive a free no deposit prop firm trading accounts funded account and can start trading with real capital.
Funded Next offers different account sizes, risk limits, and profit splits, giving traders flexibility and the opportunity to progress.
Funded Next hosts monthly free funded trading competitions and here is the awards or prizes:
1st place
$7,000 in cash
Stellar 2-Step 300K
2nd place
$3,000 in cash
Stellar 2-Step 200K
3rd place
$2,000 in cash
Stellar 2-Step 100K
4th and 5th place
Stellar 1-Step 50K
$1,000
6th to 10th place
Stellar 1-Step 25K
$300
11th to 20th
Stellar 1-Step 25K
$200
21st to 70th
Stellar 1-Step 15K
71st to 100th
Express Consistency 15K
Additionally
Between rankings 101 and 600, traders will be eligible to receive a lottery coupon. Once the competition concludes, 50 lucky winners will be chosen, and they will be awarded 6k accounts (Stellar 1-Step Challenge). The lottery results can be viewed within the dashboard.
Rules:
The Drawdown will be calculated based on balance.
The maximum daily loss limit is 5%.
The maximum overall loss limit is 10%.
Participants must meet a minimum trading requirement of 5 trading days.
News trading is allowed.
Commission is $3 per lot for Forex and Commodities, no commission on Indices.
Overnight and over-weekend holding is permitted.
Accounts will be swap-free.
EA’s are not allowed.
Maximum lot size of 5/per Forex pairs.
Maximum lot size 3/per indices, commodities and metals.
Participants can hold a maximum of 5 trading positions at a time.
Only one account and one IP per person is permitted.
Trading will be enabled on the start date of competition.
3. TopTier:
TopTier is a platform that offers free funded trading accounts to experienced traders. They evaluate traders' performance through their evaluation program and provide funded accounts to successful participants. Traders can access a free no deposit bonus prop firm trading accounts, choose from different account levels, enjoy competitive profit splits, and benefit from risk management tools and support.
TopTier hosts monthly free funded trading competitions and here is the awards or prizes:
1st Place - 100k Challenge
2nd Place - 50k Challenge
3rd Place - 50k Challenge
4th&5th Place - 25k Challenge
6th, 7th & 8th Place - 10k Challenge
Rules:
Competition rules:
Highest profit % wins
5% Max Daily Drawdown
10% Max Total Drawdown
4 Minimum Trading Days
The winners will be contacted by their customer support team.
4. Lark Funding:
Lark Funding is a well-established provider of free funded accounts for traders. They offer a free no deposit prop firm trading accounts and comprehensive evaluation process where traders can showcase their skills. Upon successful completion, traders receive a funded account and can trade with real money.
Lark Funding offers different account sizes, risk limits, and profit splits, empowering traders to pursue their trading goals.
Lark Funding hosts monthly free funded trading competitions and here is the awards or prizes:
First Place
$200,000 3-Stage Evaluation
Second Place
$100,000 3-Stage Evaluation
Third Place
$100,000 3-Stage Evaluation
4th Place
$100,000 3-Stage Evaluation
5th to 8th Place
$50,000 3-Stage Evaluation
9th to 13th Place
$25,000 3-Stage Evaluation
14th to 22nd Place
$10,000 3-Stage Evaluation
23th to 30th Place
$5,000 3-Stage Evaluation
Rules:
*MAX LOT SIZE FOR THIS COMPETITION IS 5 OPEN LOTS. APPLIES TO FX, STOCKS, COMMODITIES AND CRYPTO."
YOU CAN'T HAVE MORE THAN 5 LOTS OPEN AT ANY GIVEN TIME.
10% Max Static Drawdown
5% Daily Loss Limit
50:1 Leverage
Weekend holding is allowed
News trading is allowed
5 Minimum Trading Days
No taking advantage of unrealistic fills in the demo environment.
EAs are not permitted for this competition.
If we believe you're using a trade copier that is connected to a HFT EA, we will remove you from the competition.
Only 1 account per HOUSEHOLD is permitted. We will permanently ban you from future competitions if you create multiple accounts.
The competition starts on the first of the month and ends on the last day of the month.
If you end up being one of the winners, someone from the Lark Funding Team will contact you to provide the corresponding prize.
5. My Funded Fx:
My Funded Fx is a platform that grants traders access to free funded no deposit forex trading accounts. Traders can participate in their evaluation process, demonstrating their trading abilities. Once approved, traders are provided with a funded account, real-time data, and advanced trading tools.
My Funded Fx offers multiple account sizes, allowing traders to choose the one that aligns with their preferences.
My Funded Fx hosts monthly free funded trading competitions and here is the awards or prizes:
1st place
$1000 Cash + $300,000 Challenge Account
2nd place
$500 Cash + $200,000 Challenge Account
3rd place
$250 Cash + $100,000 Challenge Account
3rd to 5th place
$100 Cash + $50,000 Challenge Account
6th to 10th place
$25,000 Challenge Account
11th to 20th place
$10,000 Challenge Account
21st to 49th place
$5,000 Challenge Account
Rules:
Follow the below rules for the monthly free competition:
5% Daily Drawdown Balance Based
8% Max Drawdown Initial Balance Based
No expert advisors
5 Max Lot Limit across all assets at a time
News trading allowed
Swing trading allowed
1 account per household
6. Funding Pips:
2nd place: 100K Evaluation (+$1200)
3rd place: 100K Evaluation (+$1000)
4th place: 100K Evaluation
5th place: 50K Evaluation
6th / 10th: 25K Evaluation
11th / 20th: 10K Evaluation
Compensation price: Thirteen random participants, ranked from 4th place to 1000th place, will receive a cash compensation prize of $100.
10% Max Overall Loss
5% Max Daily Loss
Max 5 positions open at any given time
EA execution is prohibited
Conclusion:
Accessing a free funded trading account can be a significant advantage for traders, allowing them to trade with real money and potentially earn profits without risking their own capital. Platforms such as The Funded Trader, Funded Next, TopTier, Lark Funding, Funding pips and My Funded Fx offer traders the opportunity to showcase their skills, participate in evaluation processes, and receive funded accounts. By leveraging these free funded accounts, traders can accelerate their trading journey, gain valuable experience, and take their trading to the next level. Remember to thoroughly research each platform, understand their terms and conditions, and choose the one that best aligns with your trading goals and preferences.
I will try them
ReplyDeletehard to be on top man
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