Seeking Guidance on Setting up a Funded Account Program

 

Hello MetaTrader Community,

I am reaching out to seek guidance on setting up a funded account program for traders. I am interested in creating a program that provides traders with a funded account to trade with, and I am looking for advice on how to structure the program and what features to include.

Specifically, I would like to know:

  • How to set up a demo account for traders to practice with
  • How to create a funded account program with a proprietary trading firm or brokerage firm
  • What kind of risk management techniques to use to minimize losses
  • How to evaluate trader performance and determine when to provide a funded account
  • What kind of profit sharing model to use and how to structure the agreement

I would appreciate any guidance or advice from experienced traders or industry professionals on how to set up a successful funded account program. I am looking to create a program that is fair and profitable for both the traders and the program administrators.

Thank you in advance for your help and guidance.

Best regards,
Sajid

 
The trading accounts (demo and live/real), and way to deposit/withdrawal from/to trading accounts, the charts, the price on the charts, the symbols to trade, and the names of the symbols, and the time of the price on the chart - all of them are related to the brokers only.

Find Metatrader broker (there are a lot of Metatrader brokers, use google to find), and open the account according to their condition on their websites.
Try with demo first.

 

If you are about prop firms so any discussion (and recommendations) is prohibited on the forum.
You should make your own research/search about it sorry.

You can start with this article for example:
Take a few lessons from Prop Firms (Part 1) — An introduction

Take a few lessons from Prop Firms (Part 1) — An introduction
Take a few lessons from Prop Firms (Part 1) — An introduction
  • www.mql5.com
In this introductory article, I address a few of the lessons one can take from the challenge rules that proprietary trading firms implement. This is especially relevant for beginners and those who struggle to find their footing in this world of trading. The subsequent article will address the code implementation.