$1000 Free Funded Account From Xpips Funding
A new user can receive a $1000 Free Funded Account by Xpips Funding by opening an account and meeting the trading targets. Do you need a free funded trading account with no challenge fees?
How to Claim the $1000 Free Funded Account
1) Go to the website Xpips Promotion Free Funded Account
2) Set up a new trading account with them.
3) Fill out the online registration form that is typically required to set up an account.
4) Trade on your funded challenge account using demo funds.
5) Keep your demo trading account in play for 5 or more days of actual trading activity.
6) Satisfy both the profit goals and risk rules as stated in their guidelines.
7) Once you have satisfied all criteria, you must withdraw your earnings.
Trading Rules And Conditions
Traders need to be aware of the requirements and restrictions regarding their accounts before joining. Some important points to remember regarding your account are:
A free account will be funded with $1000.
A minimum number of trading days is 5 days.
The overall loss limit is $80.
The daily loss limit is $40.
The profit target is $150.
The maximum amount of money that can be withdrawn from your account is $10.
If you violate drawdown limits, you could have your account disqualified, so these rules are very important.
Some other important tips to help traders pass this challenge:
When trading, practice good risk management.
Limit yourself to no more than 2 trades per day.
Avoid trying to make too much money at once.
Place trades based on technical analysis with the same volume of lots each time.
Be disciplined in your trading by following daily drawdown limits.
- DO NOT TRADE WITH EMOTIONS!
Because drawdown limits are stricter than those of the larger accounts, small funded accounts require very disciplined traders.
- Benefits of this offer:
The benefits of this free Xpips funding account are:
No exorbitant upfront payment required.
Good funded opportunity for beginners.
Provides experience in trading as part of a professional trading group.
Easy registration process.
Allows the trader to learn how to manage their money like a professional trader.
Final Thoughts
The Xpips Funding $1000 Free Funded Account is an excellent resource for Traders seeking to get started with funded trading but don’t want to spend money upfront. Traders will benefit from having strict profit-loss limits per trade or total capital exposed at any given time with this account, as well as low cap amounts for how much they are allowed to withdraw every month, thus allowing Traders to focus on being consistent and disciplined in their execution.
It is important to check the current terms and conditions prior to participating, as company policies and promotion offers may continuously change.