I am new in the game and hot how can i purchase a funded account to begin my trading carrier
As far as I am aware you cannot buy a funded account but you can buy a “challenge” account with a prop firm which, if you pass the test, then leads to a funded account.
But I don’t think this is a good idea at all if you are new at trading and don’t have a tested strategy or experience behind you.
Maybe a better way to start is to open a Demo account with a broker where you can freely try out different approaches and methods and find out what is most suitable for you personally.
If you really want to try out a prop challenge then, for example, FTMO offers a 14-day free trial, I believe. There you could at least get some kind of feel about how they function?
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I will flag your post for obviously abusing people with low knowledge FTMO has a ton of negative feedback by users who were cheated.
You need to pass a test for that, google about prop firm challenges; check the challenge points, do not buy that initially, try paper trading or demo trading with any broker, almost all of them offer totally free demo accounts. then when you made sure about being able to pass the challenge then buy it.
If you like, fine, no problem. 
I actually suggested NOT taking a funded account at all and open a normal demo account!
I only suggested a 14-day FREE demo trial as an opportunity just to get a feel for such trading environments if the OP really wants to (in order to actually avoid losing their money!!) - it is an environment which is not appropriate for beginners at all.
Naturally, anyone thinking of putting actual money into any kind of trading account needs to do their research on the company beforehand. No one is going to hold their hand in that!
Thank you for your observations
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demo accounts are totally free and not time limited, MT4, MT5 and a lot of other platforms, without needing to have account with any broker give you a totally free and not time limited demo accounts, why would anyone suggest a 14 day trial with a fraud company?!
My only recommendation was a demo account - a recommendation that you then echoed yourself!
The only reason for considering a free trial with a prop firm is when one is seriously thinking of taking a challenge (and is ready for it) and to be able to get an inside feel of how they work and what it is like trading within their parameters, rules, guidelines, leverages, etc before putting in any of your own money up front.
But, I repeat, I said this is NOT a good idea for beginners. The OP obviously doesn’t even have a tried and tested strategy and a track record in consistency - it would be money down the drain to take and pay for a challenge at this stage with any prop firm.
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One other thought here. A normal demo acct is of course exactly how you describe and is ideal for testing ideas and developing a strategy and trying different instruments, etc.
But this kind of normal demo acct does not impose any kind of profit targets or max daily or absolute losses, or restrictions of any other kind such as are imposed by prop firms.
So a free trial with a prop firm is one way to move on into addition typical trading constraints and money management issues and the proper use of leverage etc - and with no commitment and no cost.
But, again, a totally pointless exercise before a trader is experienced enough to benefit from it.
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Hi there guys , just reading all your inputs and yes I agree the best way in my opinion, is to first try with a demo account , learn all the tools , figure out what tools are easy to use what are not so, build a strategy and stick to it, and mostly practice.
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Hello, by saying demo accounts are not time limited what do you mean? I am currently looking for a trading brokers that offers unlimited demo accounts and so far no luck. I am based in the US and many of the reputable brokers are not accepting US citizens. However I have checked one broker , I am not sure if I can put the name but they offer free 90 days trial on a demo account , let’s say after the 90 days , you won’t be able to open another free demo account using the same credetentials. So , personally for me I am looking for a trading broker that can offer unlimited demo accounts so that I am able to open another one in case the first one is totally burned and out of virtual money .
I do know some of the brokers but I am not mentioning them here; a lot of users are promoting their fraud brokers and they hate and report any information about other brokers. Yet, I believe when you have an MT4 application it does give you to open demo accounts for free and unlimited
Use this option and the rest has guidance tip, go for a demo account not a real account.
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Thank you for the reply. Yes I thought about as well that’s why I didn’t post a name of the broker so that there is no any unnecessary issues. Hmm,that’s is a very good information, thanks for the screenshot and the explanation. I have heard about the meta trader platforms as well as other platforms. I am using a MacBook but it’s not the latest model, so I am reading that mt4 mt5 are not really very suitable with Mac systems. Any suggestion on platforms I can use since I am a Mac user? You may also dm me if need be.
Thanks
This is incorrect. They’re free, but most actually are time-limited.
Oanda demo accounts are unlimited (last for ever) but they’re in a very small minority of brokers offering that.
You can, actually. Nowadays many “CFD prop firms” offer a thing called “instant funding,” where that’s what you do. They’re a con, really: the true amount with which they fund you (i.e. the loss-limit) is always less than the account’s purchase price - in other words, the prop firm takes no risk. So there’s absolutely no vaue there at all for the customer.
But the prop firms advertise stuff like “A $50,000 account for $1,000!” (or whatever dishonest marketing they use) and call it a “$50,000 account” even with its $800 loss limit (or whatever). Scammy, really. 
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It’s actually nothing to do with the platform: it’s about whether or not the broker allows unexpiring sim accounts (not many do).
Your comment above about MT4 applies equally to TradingView, CTrader and other platforms: it just depends what the broker permits.
Totally agree! I was surprised by the spam here - and for terrible, unregulated, high-leverage brokers. I think fake, paid and incentivised recommendations in forums is one of very few ways those crooks can get customers.
I’ve seen the experienced traders here like @tommor referring to it as the “Wild West” out there, and I think that’s exactly right!
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Good suggestion, there.
In the 2,300+ page thread in another forex forum where members discuss which prop firms they’ve used, how they got on with them and how reliable they are at paying out, FTMO certainly seems to be the VERY clear winner among the “cognoscenti”.
I was looking at it, myself. They have no time-limit, no monthly subscription-fee, no drawdown trailing open equity, and some other advantages, too. Youtube has literally hundreds of videos of FTMO customers who’ve been paid out from funded accounts there, some even discussing how they did it.
It’s not instant funding, though. You have to pass the challenge! (That’s surely a good thing, though?).
FTMO also owns a hedge fund, and owns the broker Oanda also, so they hopefully won’t disappear like so many of their competitors?
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They own Oanda? I didn’t know that!
That is actually quite interesting because FTMO is based in Europe (Czech Repl?) and financial cos are usually regulated in Europe. But FTMO is not a registered financial inst, rather they describe themselves as educational and therefore do not need to be regulated since all their accounts are simulated trading.
That does not necessarily mean they are automatically fraudsters but does give cause to be careful.
But if they own Oanda, which is regulated, then that does add a dash of credibillity.
I took a look at their site and the challenge is actually in two parts. They claim this is to help filter and find just those traders that actually do have trading talent. This is also quite a positive point because a 2-stage challenge would not help their cause if they were only after the entrance fees!
But i am no expert on prop funds and would certainly not make any recommendations regarding which to choose. (I do have a small acct with one firm which I won’t mention, but it is only out of curiosity to see how these things work from the “inside” so to speak ). But they do seem to have cemented a place in the retail trading business and it is worth following how things develop with them - especially regarding the development of regulation).
Thanks for the info @AphoristicArmenian .
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Thanks for the info @Hiromi_Ishii I haven’t seen those - and I certainly agree they sound dreadful!
Any prop firm acct size is only really as big as the max allowed drawdown, regardless of what nominal size is mentioned, since that is where it automatically closes.
But what possible sense could there be in paying $1000 for an account with an $800 max drawdown?! 
Surely, it would be far better just to open a $1000 acct with a regulated broker and just trade it oneself - and keep all the profits (if there are any!).
With your own acct you still have your capital and can close out whenever you want. But with a prop acct your money is paid and forfeited upfront and you then have to try and earn it back before you even start making any net profit!
Thank you for the update, I appreciate it 
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This has been nagging at me since I read it earlier today. I accepted it at face value but then started thinking…“.hang on a minute, Oanda is huge - how can FTMO own it!”
So I started hunting around and, just for the record, it seems that it is indeed true:
“Press Release | FTMO”
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You’ve done more research than many of us. I discovered it right here at Babypips, a couple of weeks ago (and was surprised, just like you!) :
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I agree (I don’t think they were short of credibility, by comparison with others in the same space, but I do take your well made point).
Theirs are, yes. There are many prop firms of which that isn’t true, too, but those are the futures ones (Topstep, Tradeday, etc.), not the CFD ones.
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