What are the advantages/benefits of a live a/c in June 2021...None, lol

Why in heavens name would anyone even consider a live account today??? Yes I see where that may sound stupid but before you write me off as mad take a little time to inform yourselves.

If you are confident in your trading skills and feel you are ready to make some REAL money then trading on a demo account is your best bet (no pun intended). There are many prop firms out there with plans that are truly attractive. Now which is better…trading your own little $500.00 account or passing two trading tests and then being allowed to trade upwards of 20k with practically no risk to any funds of yours?

Of course there is a cost to you. You pay a small fee to take the “test” as it were but if you pass you are refunded that cost. Besides the possibility of earning a 90% share of whatever you make in trading profits the next biggest plus for me is not having to deal with the questionable actions of brokers.

And for the record I am not selling or promoting anything. I just believe in sharing some information which hopefully will assist others in this our forex journey. Let me know what you think!!!

You could make the most of it in the Forex Market if you would be possessing certain skills like Risk Management, Time Management, and much more.

I think these funding options are a great idea and I probably would have taken advantage of them if they were as prevalent back when I started.

But personally I would rather trade my own capital, keep 100% of what I make and not have to conform to their stringent rules.

So yes they are good and have their place. But I prefer my live account :slight_smile:

@THE_GOATE
Do you know any trusted prop firms? I want to try it.