How to Make Money Online with a Funded Forex Trading Account?
2/4/2025, 2:25:21 PM
Discover how to make money online with a funded forex trading account. Learn how prop firms like FundingPips provide capital, enabling you to trade risk-free and earn high profits.
How to Make Money Online with a Funded Forex Trading Account
It’s never been more accessible to make money online. You can find scores of opportunities and platforms these days. However, prop firm trading is one of the best ways to make money. All it needs is your skills. Keep reading; this guide will help you create a side hustle or a full-time income trading Forex without risking your capital.
How to Make Money Online with Trading
You can earn money online in many ways, such as freelancing, affiliate marketing, e-commerce, vlogging, or selling any skill. However, all of these are hectic as you have to master a skill and then run in a competition to hunt clients. Forex trading stands out as you only need to acquire skills and not hunt for clients as you work for yourself. Earning potential is also higher than in any other field.
But now the question arises: Where can we find adequate capital to make a fair profit daily? Well, that’s easy now. Thanks to the prop firms that provide you with resources and significant account sizes without investing your capital. You can manage a $100k account by paying a small evaluation fee. Whatever profit you make, up to 95% is yours.
Sign up with FundingPips today and start trading without risking your money!
What Are Prop Firm Trading Accounts?
Prop firms provide you with a trading account to prove your skills through an evaluation. Traders get access to the firm’s resources rather than investing their money. They have to pass the evaluation criteria to access the master account. That’s the phase when you eventually start making money.
Unlike personal trading accounts, prop firm accounts allow you to make a handsome return as the account size is big and has reasonable leverage.
How Much Money Can You Make on a Funded Account?
Your earnings in prop firm trading depend on many factors.
Account Size
The bigger the account size, the higher the profit potential. If you pick a prop firm’s $5k account, another trader picks a $100k account. Both pass the same evaluation criteria, but the $100k account has higher income potential.
Profit Split
Most prop firms offer a profit split from 70% to 95%. If your chosen firm offers a higher ratio, you have odds to earn more as a lesser share goes to the firm.
Trading Skills
What matters most in trading is your skills. A finely skilled trader can make more money by trading a smaller account than a beginner with a big account.
Market Conditions
Tightly ranging markets do not give opportunities. Hence, your few days can be flat if there is no volatility. Meanwhile, you can earn more if markets are more volatile than normal.
Here is an example. Suppose you choose a $100,000 account and pass the evaluation. If you make 5% a month, FundingPips pays you up to 95% share, which is $4,750. Isn’t it great?
If you manage risk smartly, it can become a steady income stream. You can scale your account multiple times as well.
Want to get started? Join FundingPips and take your trading to the next level!
Advantages of Using Prop Firm Accounts
Personal capital: You do not need personal funds to get started.
Reduced risk: In case of a loss, you are not liable to cover.
Scalability: You can scale your account by meeting certain conditions.
Earning potential: Due to scaling and no risk, your earning potential is high.
Challenges of Prop Firm Accounts
Strict rules: Prop firms enforce strict rules to keep traders in a discipline.
Profit splitting: Though small, you have to share a slice of your income with the firm.
Evaluation Fees: Traders must pay an evaluation fee to start.
How to Start with Prop Firm Trading?
Follow the given process to kickstart creating a fresh income stream online.
Master a Strategy
To become a successful trader, you have to carve a trading strategy. Practice it well until you get a command of it. You can use a demo account to experiment.
Find the Right Prop Firm
You can find a bunch of prop firms online. However, choose the one that gives you an edge. FundingPips has a healthy profit split ratio and gives you educational resources and support to succeed. Moreover, its evaluation criteria are too realistic compared to others.
Pass Evaluation
You have to pass an evaluation to reach the next phase, where you start making money. Read the evaluation criteria well. Break down the targets and achieve them slowly but surely.
Trade and Scale Up
Once you access the master account, manage risk smartly and keep going up in baby steps. Prop firms allow you to scale your account by meeting certain conditions.
Top Prop Firms for Funded Trading
There are plenty of prop firms. Some of the great firms are:
FundingPips: It offers easier evaluation criteria, quick payouts and a higher profit split ratio.
FTMO: An industry leader with strict evaluation criteria.
The5ers: An old firm with complex rules.
Real-Life Success Stories
You can find many success stories of traders who started with FundingPips and managed to get several payouts, rendering it a steady income stream. For example, Mohammed Bin Yahya is a remarkable trader who joined FundingPips, diligently worked on his trading account and successfully turned prop firm trading into a regular income.
Final Thoughts
You can find several ways to make money online, but prop firm trading is unique and often overlooked for being complex and expensive. However, the truth is different as you can take a start with low risk. All it needs is mastering trading skills.
Ready to start your journey? Explore FundingPips today and unlock your trading potential!
