Forex Prop Firm Scaling Plan: Trade Up to $2M In Funding Accounts - FundingTraders Blog (2024)

Prop firm scaling plans are available to trade up to $2M funded accounts. Often, a lack of trading funds restricts traders from capitalizing on new opportunities. Top-rated prop firms offer competitive scaling plans to experienced traders. With this increased capital, retail forex traders can leverage larger positions, implement profitable strategies, and trade bigger. Plus, scaling your account gives you the opportunity to trade across multiple markets, currencies, and instruments.

As an ambitious forex trader yourself, choose a reputed prop firm with a scaling plan to grow with larger account sizes. Of course, evaluate the criteria and requirements of these scaling plans to understand potential opportunities and limitations. Not all prop firms may scale funded accounts up to $2M capital.

>> At Funding Traders, individuals are eligible to trade their $10K forex-funded accounts and scale up to $2M over time. Plus, our scaling plans offer:

  • No time-limit challenge accounts
  • Increased capital access
  • Consultation with CEO
  • Institutional Resources For Increased Profit Potential
  • Rapid 7-day payouts

Meet consistent trading rules, profit targets, and performance milestones to scale your account size. Read on to learn how to leverage forex prop trading firm scaling plans and trade up to $2M funded accounts.


Table of Contents

Evaluate Prop Firm Scaling Plans

First, evaluate offered prop firm scaling plans to manage up to a $2M funded account. Industry-leading prop firms offer multiple accounts – with fixed, performance-based, tiered, and risk-adjusted scaling options.

While performance-based scaling offers better stability, risk-adjusted plans increase capital access based on risk management. With tiered scaling plans, consistently profitable traders can start with a smaller capital and gradually increase their account size. Compared to other available options, tiered scaling plans create a balance between performance, risk management, and stability.

>> At Funding Traders, you can start with a smaller $10K funded account and stay consistent to scale up to Pro, Apex, and Elite accounts. With these accounts, you can trade with $500,000, $1M, and $2M forex-funded accounts.

Additionally, this tiered structure eliminates the pressure to manage larger-sized positions. Prioritize profitability, risk management, and consistency to gradually build up to a $2M funded account. Definitely, evaluate available prop firm scaling plans to trade larger funding.

Complete Prop Firm Evaluations

Open a trading account and complete prop firm evaluations to take advantage of a $2M scaling plan. Prop firms require traders to demonstrate strong risk management abilities on a challenge account. Select an evaluation program, meet specified objectives, and follow trading rules to pass the challenge. After successfully completing the challenge, you can trade with a live account and scale your capital gradually.

At Funding Traders, you can choose between 1-step and 2-step evaluations to qualify for capital scaling. Follow these rules to pass your challenge:

  • 1-Step Profit Target: 10%
  • 2-Step Profit Target (Phase 1): 10%
  • 2-Step Profit Target (Phase 2): 5%
  • 1-Step Daily Drawdown: 4%
  • 1-Step Maximum Drawdown: 5%
  • 2-Step Daily Drawdown: 5%
  • 2-Step Maximum Drawdown: 10%


>> With no time limits, you can take several days to pass the challenge and scale your funded account. Plus, you can hold trades overnight and on weekends during the evaluation.

Definitely, complete prop firm evaluations to scale up to $2M funded accounts.

Improve Your Risk Management And Trading Strategies

Improve your risk management and trading strategies on forex prop firm scaling plan to trade up to $2M in funding accounts. To scale up your trading operations successfully, you should have a patient and careful approach in each operation. Analyze your strategies and risk management process for potential improvement. You can upgrade your strategies using better technologies, market timing data, charting tools, and more.

At FundingTraders, we highlight risk management and strategy tools to help traders like you to have an increased prop firm trading volume. In fact, we have a thriving community on Discord and Telegram to encourage traders to collaborate and share ideas and insights.

You can then implement a robust system and strong decision-making process to increase the potential for higher earnings. Of course, improve your risk management and trading strategies on your prop firm scaling plan.

Meet $2M Scaling Plan Requirements

Next, meet prop firm scaling requirements to trade up to a $2M forex-funded account. Legitimate prop firms often lay out profit targets, drawdown limits, and trading rules to scale a trader’s account. Ultimately, these conditions protect prop firm’s capital and help evaluate successful forex traders.

At Funding Traders, we offer quarterly (3-month) cycles to scale capital. To qualify for a scaling plan, you must meet the minimum profit target and other milestones during this period. Plus, meet the following objectives to scale your capital:

  • Achieve a consistent 10% profit for three months
  • Stay profitable for at least 2 consecutive months
  • Complete trading milestones within three periods


>> After completing these milestones, you can increase your account size by 25% every three months.

Clearly understand and complete prop firm requirements to scale up to a $2M funded account.

Enjoy An Increased Profit Split

Enjoy competitive profit splits with prop firm scaling plans. In addition to increased capital, prop firm scaling plans allow traders to earn higher profit shares. When trading with a $2M funded account, you are no longer limited by a lower profit percentage. With Funding Traders, the default profit share starts at 80% for all associated traders.

>> Additionally, we offer lucrative profit scaling plans to increase your profit split up to 100%. Buy our exclusive add-ons and keep the entire profit.

Profit scaling add-ons are available for all account sizes, funding models, and trading styles. This competitive profit share arrangement creates lucrative opportunities for funded traders. Definitely, scale your forex-funded account up to $2M and keep up to 100% of the profit split.

Top-rated forex prop firms offer competitive scaling plans with up to $2M funded accounts. To take advantage of increased capital, evaluate available prop firm scaling plans. Next, select a preferred challenge account and meet the profit targets to complete the evaluation.

After passing the evaluation, understand risk management to manage a large capital. Next, meet prop firm scaling requirements to increase your capital up to $2M. Similar to increased capital, Funding Traders offers profit scaling plans to help maximize earnings. With exclusive add-ons, keep up to 100% of the earned profit.

Ready to scale up to a $2M funded account? Click here to join partner with an industry-leading prop firm offering competitive scaling plans.

Forex Prop Firm Scaling Plan: Trade Up to $2M In Funding Accounts - FundingTraders Blog (2024)

FAQs

What is scaling in and scaling out in forex trading? ›

Scaling basically means adding or removing units from your original open position. Scaling can help you to adjust your overall risk, lock in profits, or maximize your profit potential. Of course, when you add or remove from your position, there are potential downsides to be aware of as well.

Are forex prop firms worth it? ›

Access to Capital: One of the most significant advantages of joining a prop trading firm is the access to the company's capital. Traders can leverage the firm's funds, which allows them to take larger trading positions than they could afford with their own capital. This can potentially lead to higher profits.

How much money to start a prop trading firm? ›

To summarize, the amount of money you need to open a prop firm can range from $10,000 to $1 million, depending on the type of prop firm, the technology, the registration, the liquidity, and the CRM tool.

Is it difficult to pass the prop firm challenge? ›

This is a popular way for traders to prove their skills and potentially secure funding from a prop firm. However, passing this challenge can be quite daunting and requires a lot of hard work and dedication.

How do you scale trades in forex? ›

To scale in, you select two or more entry levels for a trade instead of one. You open your position at the first entry level with a small total size, then add to it at each subsequent one.

Which is better scaling up or scaling out? ›

Future-proofing: Because scaling up uses a single node, it's tough to future-proof a vertical scaling-based architecture. With scaling out, it's much easier to increase the overall performance threshold of your organization by adding machines.

How much does the average prop firm trader make? ›

Prop Firm Trader Salary

The salary of a prop trader can vary greatly depending on several factors such as experience, performance, and the size of the firm. On average, a junior prop trader can expect to earn anywhere between $50,000 to $100,000 per year, while a senior trader can make upwards of $500,000 annually.

What percentage do prop firms take? ›

A prop trading firm looks to recruit talented traders and fund them with the company's capital. The funds that a trader makes, is then split between the trader and the company. The profit share is between 50 – 95%, with the trader taking the lion's share.

Which prop firm is the best? ›

The most popular prop trading firms and funded programmes
  • Axi Select.
  • FTMO.
  • The Forex Funder.
  • E8 Markets.
  • True Forex Funds.
  • The 5%ers.
  • Funded Next.

How many traders pass funded accounts? ›

Around 10% pass

According to FTMO statistics, only about 10% of traders are able to pass the funded account challenge at any account level. This means approximately 90% of aspiring funded traders fail the evaluation and are unable to gain access to the firm's capital.

Is it hard to get funded by a prop firm? ›

Becoming a funded trader with a prop firm involves showcasing your trading skills and adherence to risk management during an evaluation process. While the difficulty can vary, it's achievable with consistency, dedication, and a solid trading approach.

How long does it take to get funded prop firm? ›

It typically takes around 4-5 months to become a prop firm funded trader, if you're a consistently profitable trader. Some traders can achieve this much faster by using increased risk. However, the likelihood of failing the trading challenges would be increased.

What is scaling in and out? ›

scaling into a trade means that you enter with just a fraction of the intended amount that you wish to trade and then add to the position as the trade develops. scaling out means that you exit fractions of your position to lock in profit and leave in positions to take advantage of any further price runs.

What does it mean to scale out a trade? ›

To scale out is the process of selling off portions of total shares held while the price increases. To scale out, or scaling out, means to exit a position by selling in increments as the price of the stock climbs.

What are the benefits of scaling out? ›

The scale-out approach, also known as horizontal scaling, involves adding more servers, storage devices, or other resources to a network to increase a network's capacity to handle more workloads. Scale-out storage can also enable infrastructure to be more resilient to failures than a single system.

What is vertical scaling and scale out? ›

With vertical scaling (“scaling up”), you're adding more compute power to your existing instances/nodes. In horizontal scaling (“scaling out”), you get the additional capacity in a system by adding more instances to your environment, sharing the processing and memory workload across multiple devices.

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