Dive into the comprehensive world of Union Wealth Management, a prop trading firm offering a blend of innovative evaluation programs, educational prowess, and dedicated support, all aimed at empowering traders on their journey to success.
Dive into the comprehensive world of Union Wealth Management, a prop trading firm offering a blend of innovative evaluation programs, educational prowess, and dedicated support, all aimed at empowering traders on their journey to success.
- Lucrative 90/10 Profit Split.
- Flexible Scaling Plan.
- Diverse Evaluation Programs.
- Comprehensive Educational Resources.
- Personalized Trader Support.
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Union Wealth Management: A Deep Dive into Their Forex Prop Firm Services
When it comes to navigating the intricate maze of finance and investment, selecting an ideal partner for wealth expansion is crucial. Union Wealth Management, renowned for its stellar performance and extensive offerings, emerges as a prominent contender in the field. This overview aims to explore the depths of this financial behemoth, shedding light on its unique attributes that render it an attractive option for investors.
Evaluation Programs Offered by Union Wealth Management
Union Wealth Management presents three tailored evaluation programs, each designed to align with the diverse needs and trading proficiencies of its clientele. These programs are structured to accommodate traders across different levels of experience and risk preferences.
1-Step Program
- Assessment Process: One Step
- Phase 1 Target: 10%
- Time Limit: None
- Daily Drawdown: 4%
- Overall Drawdown: 6%
- Minimum Trading Days: 3
- Max Allocation: $400,000
Traders holding accounts of $100,000 and above are granted access to exclusive courses like the Mastery Course and A Traders Mind. The program includes diverse account sizes such as $10,000, $25,000, $50,000, $100,000, and $200,000.
2-Step Program
- Assessment Process: Two Step
- Phase 1 Target: 8%
- Phase 2 Target: 5%
- Time Limit: None
- Daily Drawdown: 5%
- Overall Drawdown: 10%
- Minimum Trading Days: 5
- Max Allocation: $600,000
Similar to the 1-Step Program, traders with accounts starting at $100,000 gain access to educational resources. Available account sizes range from $10,000 to $300,000.
Swing 2-Step Program
- Assessment Process: Two Step
- Phase 1 Target: 8%
- Phase 2 Target: 5%
- Time Limit: None
- Daily Drawdown: 5%
- Overall Drawdown: 10%
- Minimum Trading Days: 5
- Max Allocation: $600,000
Like the previous programs, traders with account sizes of $100,000 or more receive educational benefits. The Swing 2-Step Program offers account sizes ranging from $10,000 to $300,000.
Additional Features of Union Wealth Management
Union Wealth Management extends beyond mere evaluation programs, offering a comprehensive trading ecosystem designed for holistic growth and success.
Skill Development Initiatives
- Trading Challenge: Show off your trading skills for a chance to manage up to $600,000 of the firm’s capital and retain up to 90% of the profits.
- Mastery Courses: Gain vital knowledge and skills in areas like technical analysis and trading psychology.
- Dedicated Account Manager: Benefit from personalized support with an assigned account manager for each trader.
Trading Flexibility Benefits
- Competitive Costs: Experience low commissions and competitive spreads, fostering diverse trading strategies.
- No Time Restrictions: Trade at your leisure without the pressure of time limits in assessments.
- Instant Payouts: Access earnings swiftly through various methods like bank transfers, PayPal, Wise, Binance, Coinbase, and digital currencies.
Regulatory Assurance
In partnership with ASIC-regulated broker ‘EightCap,’ Union Wealth Management assures a secure and regulated trading environment. EightCap’s exemplary services garnered them the Best Global Forex MT4 Broker title in 2020 at the Global Forex Awards.
Emphasis on Balanced Living
Recognizing the significance of a well-rounded lifestyle, UnionWealthsManagement encourages activities that support physical wellbeing, contributing to the overall success of traders.
Eligibility and Scaling Plan at Union Wealth Management
The scaling plan provided by Union Wealth Management stands out for its beneficial features. It includes a lucrative 90/10 profit split for accounts that have scaled up. This plan allows traders to augment their demo capital at four-month intervals, provided they meet set profit benchmarks.
Geographic Restrictions at Union Wealth Management
Traders seeking to engage with Union Wealth Management should be aware of certain geographic limitations. The firm adheres to OFAC sanctions, thereby restricting trading activities from and in countries including North Korea, Libya, Sudan, Somalia, Cuba, Iran, Lebanon, and Syria.
Product Limitations: No Stock Trading at Union Wealth Management
It’s important for prospective traders to note that Union Wealth Management does not support stock trading in any of its programs. This restriction may impact traders who are interested in diversifying their portfolios with stock investments.
Conclusion: The Wealth of Opportunities at Union Wealth Management
In summary, Union Wealth Management offers a robust and transparent platform, ideal for traders aiming to enhance their trading skills, amplify their earnings, and fulfill their financial aspirations. With an array of evaluation programs, rich educational resources, and an unwavering commitment to the success of its traders, the firm presents a realm of opportunities for exploration and growth.
