Introduction
I am already posting a 1k funded promo but the promo is limited Time update Looking for access to the world of proprietary trading without a huge upfront financial commitment? FundedBull is helping make this happen with its 1-Step Lite Plan, new challenge account, and a low-budget-friendly option from just $9.60. For those who would like to become funded traders, this is the most affordable way for you to display your trading skills, which might eventually earn you a funded account with a 50-50% profit split.
Update Overview of FundedBull’s 1-Step Lite Plan
FundedBull offers a 1-Step Lite Plan, and it is available to all levels of traders. Accounts may be opened in any one of three sizes: $1,000 to $50,000. Differences in minimum investment apply to each size, but using the discount code “BULL” at 20% off, you would spend as little as $9.60 for an account with $1,000.
It’s that simple, actually: you’re required to meet all the profit and risk management requirements of the challenge, and then you get a funded account wherein real capital is traded in, with a 50-50% profit-sharing arrangement.
How to Participate in the FundedBull Challenge
Here’s how to start working on your FundedBull $1K Challenge account that gets you moving gradually on the trading journey:
Move to FundedBull’s Platform
Go to the official site of FundedBull and open an account if you haven’t already
Click the ‘New Challenge Account‘
Then select 1-Step Lite Plan from the options presented to you
You need to choose the balance of your preferred account; for example, if you prefer a $1,000 account, use the discount code and enjoy it at $9.60.
Once you have picked your trading platform, either MT4 or MT5, fill in the required details.
Discount Code Application Step
You then check out and enter the voucher code “BULL”. With this, you will be able to decrease your entry fee by 20%. Proceed to your checkout.
Considering that you successfully applied the discount, now pick your method to complete the payment.
When you are done with your order, you will receive an email on how you log in to the challenge account.
Start Trading
Log-in to the trading platform of your choice using the account information that you are given.
You begin working towards challenge phase requirements in order to be eligible for a funded account.
Challenge Account Rules and Profit Withdrawals
Your account with the deposited amount will be received after completing the challenge phase if you satisfy the conditions listed below:
Profit Target: The profit target for the challenge phase is to achieve 9%.
Risk Management: It is crucial to avoid getting a daily drawdown of more than 3% and an overall maximum loss of more than 6%.
No Time Limit: FundedBull does not set up a specific time limit for completing the challenge, as in most other proprietary trading firms, where they set up a time limit for the challenge.
Overnight and Weekend Trades: you can keep your trades throughout the weekend and even overnight in order to make sure that there is comfortability in your trading plan.
Once you have done the challenge and have passed KYC verification, you will get your funded account at the same risk conditions, 3% drawing down per day and 6% total maximum loss, but without any further profit targets.
Profits Withdrawals
Once your account is funded you are eligible to withdraw your earnings. FundedBull splits profit at 50-50%, so you are left with 50% of what you make as profit.
First payout: You can make a first payout 14 days after receiving the funded account.
Subsequent payouts: You can receive a withdrawal every 7 working days.
Minimum payout: The minimum payout amount is $200.
Why Choose FundedBull’s 1-Step Lite Plan?
Entry price: With a price as low as $9.60, one is given an affordable entry onto the floor of a prop trading firm.
Generous Trading Conditions: FundedBull does not have any time limit for the challenge, which is a rare provision in the proprietary trading space. Plus, you are allowed to hold trades overnight and over the weekend, therefore creating an opportunity for different kinds of trading strategies.
50-50% Profit Split: Unlike many prop firms, providing lower profit shares, FundedBull presents a very straightforward profit split as 50-50 after passing the challenge and getting funded.
No pressure to meet the targets: You have ample time to meet the 9% profit target as there are no deadlines to make you rush through your decisions.
Important Considerations Before Participating
Country Restrictions: Restricted access to the FundedBull program. However, this is supposed to be reviewed beforehand as part of the terms of use from the website of FundedBull. To check if there is a country restriction or not, read down towards the bottom of the page and find that paragraph that details restrictive countries. You may also reach out to the support team of FundedBull on their Discord channel for your questions.
Plan Costs and Differences: The 1-Step Lite Plan is priced from $12-$189 depending on the size of the account. Upon utilizing the code BULL, you’ll get a discount of 20% on the entry fees.
Profit Split: Even though FundedBull’s Lite Plan keeps the rule and condition in plain similar to other regular accounts, the profit split alone differs where it is 50-50% for this account and may vary with other accounts.
Conclusion: A Low-Cost Opportunity to Test Your Trading Skills
Conclusion: A Low-Cost Opportunity to Test Your Trading Skills
FidentBull’s 1-Step Lite Challenge Plan is an excellent way of testing trading skills at minimal financial risk. You can accept a challenge account worth $1,000 for just $9.60, provided there are obvious profit and risk management standards, whereby one is rewarded with a funded account. With no time limits on how long one can take on the trading conditions, the opportunity is most suitable for flexible traders seeking low-cost entry into proprietary trading.
Before you join, you should determine your eligibility and read thoroughly through all the terms and conditions. With the right strategy and risk management, you may be able to benefit from earning profits with a funded account at FundedBull.
