In a recent announcement, The Funded Trader has introduced a significant change to its stop loss requirements, a move that is poised to benefit its vast network of traders. By slashing the minimum stop loss requirement by an impressive 80%, the company aims to foster a more flexible and trader-friendly environment.
Revised Minimum Stop Loss Requirements
The updated stop loss rules are as follows:
- Forex: 1 pip
- Indices: 1.50 USD
- Gold/Commodities: 0.20 USD
This considerable adjustment is designed to alleviate some of the pressures faced by traders under the previous rules, thus allowing for a more adaptable approach to trading strategies.
Impact and Rationale Behind the Adjustment
The Funded Trader’s decision to modify the minimum stop loss rule reflects their ongoing commitment to addressing the needs and concerns of their trading community. This initiative is expected to significantly impact traders, enabling more flexible risk management strategies and potentially leading to greater success in trading activities.
As a company at the forefront of proprietary trading, The Funded Trader’s adjustment to stop loss requirements underscores their dedication to creating a supportive and advantageous trading environment. This change is already in effect, urging traders to quickly adapt to the new guidelines.
About The Funded Trader
Here’s a brief overview of The Funded Trader:
- Trustworthy with a Trustpilot rating of 4.2/5
- Offers five unique funding programs
- Includes a free trial option
- Features a professional trader dashboard
- Provides a wide range of trading instruments including Forex pairs, commodities, indices, and cryptocurrencies
- Allows leverage up to 1:200
- There are no maximum trading day requirements
- Includes a scaling plan for successful traders
This recent update to the stop loss rules is indicative of The Funded Trader’s forward-thinking approach, continually adapting to the evolving forex market and the needs of its traders.
