The Funded Trader has introduced a new feature to automate adjustments related to the Daily Profit and Loss Cap limits for traders.
The Funded Trader has introduced a new feature to automate adjustments related to the Daily Profit and Loss Cap limits for traders.
The Funded Trader has introduced a new feature to automate adjustments related to the Daily Profit and Loss Cap limits for traders. This change affects accounts under the Knight Pro and Royal Pro programs, automatically correcting small variations in profits or losses to align with the platform’s established rules. The adjustments aim to enhance the fairness and accuracy of account management, providing traders with a more transparent and consistent experience.
Moreover, for traders under the Royal Pro program, the Daily Profit Cap will be strict, with any excess profit above the set limit automatically withdrawn to maintain the account balance within the cap. On the other hand, if a trade results in a loss that exceeds the Daily Loss Cap, the firm will deposit back the amount that exceeded the cap for soft breaches, but full breaches will not be subject to this adjustment. This system handles any minor fluctuations in trade results due to execution discrepancies promptly and efficiently.
In addition to the automated adjustments, The Funded Trader will be sending detailed email alerts to affected traders, outlining exactly what adjustments have been made to their accounts. This transparency keeps traders fully informed about any deposits or withdrawals, enhancing trust in the platform and the process.
So, by implementing these changes, The Funded Trader reaffirms its commitment to providing a precise and consistent trading environment. Traders can now expect smoother operations without worrying about small discrepancies between their trade outcomes and the platform’s profit and loss caps. This update is a step toward creating a more reliable trading experience for all users, helping them stay within the boundaries set by the firm while maintaining fairness across the board.
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The Funded Trader follows a belief that every retail trader deserves an opportunity to raise capital based on their performance and commitment to building their own business. They are searching for passionate and experienced traders who will succeed with the help of their funds by showing skills in various market conditions.
Bespoke Funding strives to create unique funding opportunities for traders worldwide by creating approachable ways to become a professional, funded trader who can remotely manage their capital. They have developed a user-friendly experience with the industry's best technology to back it.
MyFundedFX offers traders three different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm's capital, meaning that they will cover all losses.
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