Say Goodbye to Your Forex Broker

Are you tired of losing money in forex trading with a broker? A lot of people have seriously considered Forex trading as a legitimate career option, as you get to work as a Forex trader and make a lot of money. The easiest way to get into forex trading is to work with a forex broker, and gradually build your expertise. A lot of people don’t know that there are better options out there in Forex trading as the industry has grown and evolved over the years.

There aren’t a lot of forex trading jobs around in the market, but that doesn’t mean that you can’t make forex trading a full-time career. There are proprietary trading funds that offer talented traders the chance to become a funded trader and take their career to the next level. The5%ers are offering people an alternative for trading with a self-funded account with a retail broker. There are a lot amazing benefits you gain when you are working with a funded trading account, and we are going to list all the reasons as to why you should say goodbye to your Forex broker.

The Future of Forex Trading

A lot of people have claimed for several years that the trading industry hasn’t changed, even though every other industry has been influenced by technology and has adopted advanced techniques. For people that want to invest in financial markets, there had only been one avenue, which was to give their own money to a broker they trusted and then trade with it. However, in this method, people were putting all their money at risk, and a lot of traders were losing large sums of money.

To put it into context, when you trade with a broker you trust, you are assuming all the risk, and the chances of success are limited. However, times have changed with the passing of time, and nowadays brokers are highly regulated, due to problems related with manipulation in pricing, reliability, and colliding interests with investors. All major regulators in the USA, UK, Europe, and in Asia are now loading more and more trading restrictions on brokers. This has had a massive impact on the trading industry, as it has lowered the trading margin level, which has meant that investors must now invest even higher capital out of their own pockets!

Trading with a Proprietary Trading Fund

The changes in regulations affecting brokers, has resulted in a lot of traders looking for different avenues to keep making money but without risking everything. The solution has been right in front of them for a long time, trading with a propriety trading fund. However, you must join the right proprietary firm to really take advantage, and The5%ers are one of the leading proprietary funds. We offer funded trader programs that allow traders not to risk their own money.

That has changed the game, because if you are an experienced forex trader, then you can easily apply to become a fully funded trader for proprietary trading funds, like The5%ers. Here you can develop your trading career and make a decent living as a trader without taking any risks with your own money in Forex trading. This has allowed a new approach for trading, since traders can now upscale their trading career without taking massive risks.

When you work with a proprietary trading fund like The5%ers, you get funded trading forex accounts, and it is just like having a forex trading job. You don’t have to deal with a broker and can become an independent contractor for a trading fund. They will allocate and fund a trading account for you, while you must bring your talent, knowledge, and skill to the table to make it work.

Advantages of Proprietary Trading Funds

Ask any experienced trader on the best way to develop your career in the trading industry, and they will all give the same advice. You must work with a proprietary trading fund and say goodbye to your Forex trader, since that is the only way you are going to develop your trading career. There are some key advantages you gain when you work with a proprietary trading fund like The5%ers.

You will never get the freedom, independence, and capital with a Forex trader that you get when you start trading with a proprietary trading fund. Here are some of the major advantages you can gain:

1. Never risk your own money in trading

One of the best things about trading with The5%ers is that if you show talent in forex trading, you will be provided with a funded trading account. This means you have become a funded trader, and never have to risk your own money for trading ever again.

It creates the perfect relationship, because you are trading with the capital fund’s money, and can rest easy that even if you lose a trade, nothing is going to be taken away from your own pocket.

2. The5ers put the money, you bring the skill, labor and talent

When you don’t have to worry about money that is the point where truly talented forex traders shine and show their worth. At The5%ers, we encourage all traders to demonstrate their skills, professionalism and talent in Forex trading. If you show that you have the work-ethic and the determination to success as a Forex trader, then the sky is the limit for you.

3. No more worrying about price manipulation

You don’t need to worry about price manipulation when trading with a funded trader account, since there is no chance of a conflict between the trader and the proprietary fund. This was a major concern that all traders must learn to deal with when trading with a broker, which would not end good. When you trade with a proprietary trading fund, you can focus on trading, without worrying about price or market manipulation throwing your strategy off its game.

4. Get higher leverage

You also tend to get higher leverage, because you are trading for a fund, and that means that all restrictions placed by regulators don’t apply for you. Those restrictions were placed on trading as a contractor setup when you worked with a retail broker. Now you can forget about regulations and get higher leverage and more freedom to trade.

5. More capital

Your forex broker isn’t going to pay you more money if you go on a streak or show that you are a talented trader. This means that you don’t get rewarded for showing your trading skill, but when you trade with a proprietary fund, you get more capital. Yes, the fund will invest more capital in your fund, if you show good results, which allows you to take even bigger risks, resulting in bigger rewards.

The forex broker doesn’t have that kind of money to invest in you, and therefore can only grow your account in straight lines.

6. Growth with The5%ers

There is also no growth when you end up trading with a broker, because it is a client and a contractor setup. However, when you trade with The5%ers, you achieve massive growth, since they will invest over 1 million dollars account balance to manage, if you achieve quick milestone targets. In short, all you need to do is show that you have talent as a trader and show good results, and you can achieve unimaginable growth with The5%ers as a forex funded trader.

7. Profit payouts every month

Trading with a broker, you know that any dollar you end up taking is going to decrease your trading power. However, with The5%ers, you get profit payouts every single month! You get monthly payments that won’t decrease your market buying leverage and isn’t going to affect your target milestone.