Discover how Express Funded empowers traders worldwide, offering access to a diverse market portfolio, competitive profit shares, and the opportunity to manage up to $5 million.
Discover how Express Funded empowers traders worldwide, offering access to a diverse market portfolio, competitive profit shares, and the opportunity to manage up to $5 million.
- Access to a wide range of markets including Forex, commodities, and cryptocurrencies.
- Up to 90% profit share for successful traders.
- Bi-weekly withdrawal opportunities for frequent access to funds.
- Partnership with a regulated broker ensures safety and security.
- Opportunities to manage up to $5 million in trading funds.
Table of Contents
Express Funded Review: A Rising Star in Prop Trading
In this detailed Express Funded review, we explore the offerings of a burgeoning name in the prop trading arena. Express Funded distinguishes itself by providing opportunities for traders at all expertise levels to secure funding and advance in the financial markets. By collaborating with esteemed educational platforms, they ensure that traders are well-equipped with the necessary knowledge and skills. Focusing on Forex, commodities, and more, Express Funded aims to democratize trading, making it accessible to a wide audience, irrespective of their experience level.
Leadership and Vision
Under the leadership of co-founders McGlory Thapelo Mabitsela and KOJO FOREX, Express Funded brings together a wealth of diverse expertise and a unified vision for the trading community. This partnership is a testament to the firm’s commitment to fostering growth and opportunity within the trading sector.
Global Reach with a Local Foundation
With its roots in Ghana and South Africa, Express Funded has cemented its position in the prop trading industry while extending its reach to traders worldwide, with the exception of Asia due to regulatory restrictions. Their online platform enables you to join their vibrant trading community from virtually anywhere, provided you have access to the internet. This strategy leverages Express Funded’s capability to transcend geographical limitations, thereby enhancing the accessibility of trading opportunities to a more diverse and global audience.
Exploring the Trading Landscape at Express Funded
Express Funded offers traders a gateway to a wide spectrum of markets, encompassing Forex, commodities, cryptocurrencies, and indices. This diversity is tailored to accommodate various trading styles and strategies, empowering traders to diversify their portfolios and venture into multiple asset classes for a comprehensive trading experience.
Dynamic Profit Sharing Structure
The profit-sharing model at Express Funded is designed to incentivize and reward traders’ dedication and success. Starting with a 70% profit share, the model escalates to 80% after three withdrawals and peaks at 90% after four withdrawals. This progressive approach underlines Express Funded’s commitment to rewarding consistent performance and encouraging sustained engagement with the platform.
Express Funded Bi-Weekly Payouts: A Trader-Centric Update
In alignment with trader feedback, Express Funded has enhanced its payout frequency, now offering bi-weekly payouts. This initiative allows traders to initiate withdrawals every two weeks, improving the trading experience by providing regular and flexible access to funds post a 14-day waiting period.
Key Features of Express Funded
- Express Phases: Offers choices between 1 & 2 phase challenges for traders.
- Scaling to $5M: Traders have the potential to grow their accounts up to $5 million.
- Up to 90% Profit Share: Attractive earnings potential with a generous profit share scheme.
- Fee-Back Guarantee: Assurance of refundable fees under specific conditions.
- No Time Limit on Trading: Traders benefit from a flexible trading timeframe without any pressure.
- High Leverage: Leverage of 1:100 offers traders increased trading flexibility.
- Weekend Holding Permitted: Traders can hold positions over the weekend, adding to strategy flexibility.
- News Trading Allowed: The ability to trade during significant news events without limitations.
- No Stop Loss Requirement: Provides traders with the autonomy to trade without mandatory stop loss orders.
- Bi-Weekly Payouts: Frequent payout options every 14 days for enhanced earnings access.
Express Funded: Empowering Traders Globally
Express Funded, a forward-thinking prop trading firm with foundations in Ghana and South Africa, extends to traders the exceptional opportunity to manage funds up to $5 million. Through a strategic partnership with Purple Trading, a broker renowned for its security and regulation, Express Funded places a high premium on the safety and educational growth of its traders. The firm grants access to a vast spectrum of trading assets, including Forex, commodities, and cryptocurrencies, offering participants the chance to keep as much as 90% of the profits earned.
Designed to both challenge and hone the skills of its traders, Express Funded introduces a series of trading challenges that not only test abilities but also provide a financial safety net by absorbing losses. This initiative underscores the firm’s commitment to not just the financial advancement of its traders, but also to fostering a learning environment that is both efficient and effective. It is this mission that stands at the core of Express Funded, guiding its efforts to facilitate the financial growth and success of traders worldwide.
Express Funded FAQ: Understanding the Details
2 Phase Challenge Drawdown Limits
For those participating in the 2 Phase Challenge at Express Funded, the set daily drawdown limit is 4%, with an overall drawdown limit capped at 12%. These limits are designed to manage risk effectively while providing traders with ample opportunity to demonstrate their trading acumen.
1 Phase Challenge Loss Limits
In the 1 Phase Challenge, traders face a maximum daily loss limit of 3% and an overall loss limit of 10%. These parameters are in place to encourage prudent risk management and strategic trading decisions.
Withdrawal Frequency
Express Funded offers the flexibility of bi-weekly withdrawals, allowing traders to request funds every 14 days. This frequent withdrawal schedule supports traders in accessing their profits with ease and regularity.
Withdrawal Restrictions
There are no limitations on the number of withdrawals a trader can make. With bi-weekly opportunities to withdraw and a minimum withdrawal amount set at $100, traders have the freedom to access their earnings as needed.
Trading Volume Limits
Trading volume limits at Express Funded vary depending on the type of account held. Challenge Accounts and Funded Accounts each have specific volume limits, which are further adjusted based on the account size and asset type, ensuring a balanced and fair trading environment.
Swap-Free Accounts
Swap-free accounts are indeed an option for traders at Express Funded, catering to those who wish to avoid incurring overnight interest rates in accordance with their trading strategy or religious beliefs.
Use of Expert Advisors (EAs)
Express Funded does not permit the use of Expert Advisors (EAs) on its platform, emphasizing the importance of individual trading skill and decision-making in achieving trading success.