The company ‘Underdog Trading Firm’ offers an instant Free Funded Account of $1,000 to allow traders to gain experience in the world of proprietary trading (without any risk to their own capital). To participate in the challenge with no deposits, you will need to complete a simple application process and enter a valid promotional code. Upon doing this, participants can start trading right away!

How to Claim the Underdog $1000 Free Funded Account

To request a Free Funded Account, follow these procedures:

Visit Underdog’s website

Register your account

During registration, enter your promo code of DAWG1K

Once registered, you will be able to take part in the $1000 funded challenge.

You do not need to make a deposit or payment to start this challenge.

Challenge Phases Explained

The Underdog program is based on an established four-phase program designed to measure trader consistency and discipline.

Phase 1- Traders must hit the specified profit target while adhering to the risk management rules.

Phase 2 – Trader Performance is evaluated against compliance with the rules and consistency.

Phase 3 – If Trader Performance is successful, the trader will be allocated a Funded Account with real potential gains.

Phase 4 – If traders demonstrate consistent performance, they may be given the ability to scale their accounts, which allows them to receive more capital funding.

Trading Rules and Conditions

Traders must adhere to the following rules to pass the challenge and be able to continue on to phase 2.

Profit Target: $80

Minimum Number of Trading Days: 5

Maximum Daily Consistency of Profit Outside of $80: 35%

Maximum Overall Drawdown: 8%

Maximum Daily Loss: 4%

Failure to comply with any of these rules will result in failure of the challenge; thus, having a risk management plan is imperative.

Important Terms and Conditions

Free Funded Account backed under the Underdog Free Trading Conditions & Regulations must adhere to standard Proprietary Trading Conditions (i.e., Proprietorship includes private business use). Promotional codes may change frequently or not at all based upon current promotions for which these accounts were created (i.e., where/how), as well as current Trading Rules (including Draw Down Limits and Consistency Levels).

This is an offer made available for Educational & Evaluative use only, not guaranteed to result in Profit.

Final Thoughts

The Underdog $1,000 instant free funded account trade is an excellent chance for traders who want to become a funded trader without the risk of losing money. There are no deposits required; therefore, it offers an opportunity for disciplined traders who can stick to rules regularly and within their evaluation.

Like with any funded trading, success will depend on how well you can manage your risks, how patient you are, and how much you follow the company’s terms. Be sure to check for any recent changes from Underdog on their official pages before you sign up.

Free Funded Account Video