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9 July 2024,08:02

Blog

How Do PU Xtrader And Their Funded Accounts Work

9 July 2024, 08:02

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Ever thought about trading with $200,000 without using your own money? PU Xtrader’s funded accounts might be what you need. We lead the way in prop trading with a fresh take on funded accounts.

Funded accounts have changed the game in prop trading. They let new traders use big money from firms like PU Xtrader to show off their skills.

We’re diving into how PU Xtrader’s funded accounts work. We’ll look at their Basic and Plus accounts, profit goals, and what they offer to traders. If you’re new to prop trading or looking for a new start, learning about PU Xtrader could open new doors for you.


Key Takeaways


* PU Xtrader offers funded accounts with up to $200,000 capital

* Two account types available: Basic and Plus

* Profit targets range from 10% for Basic to 20% for Plus

* Both account types offer unlimited trading duration


About PU Xtrader


PU Xtrader is one of the top prop firm that lets traders open prop trading accounts with great benefits. It reaches traders in 232+ countries and has a community of 1.1k traders. This makes it a big name in the proprietary trading scene.

We offer two main account types: Basic and Plus. Each has its own profit targets and loss limits, fitting different trading styles.

At PU Xtrader, we reward success. Traders who do well in the Challenge and Evaluation stage can become PU Traders. They get to keep 80% of their trading profits. Our platform supports a variety of instruments, including:

* Forex

* Indices

* Metals

* Commodities

* Shares

* Crypto


Introduction To Funded Accounts


Funded accounts give traders a special chance in prop trading. You get to manage big capital without using your own money. At PU Xtrader, we offer funded accounts with various levels, from $10k to $200k.

Our funded account program has three main steps: Challenge, Evaluation, and PU Trader. In the Challenge stage, there are no limits on trading but a 5-10% daily loss rule. The Evaluation stage has a lower profit goal, and the PU Trader stage offers payouts every two weeks with an 80% profit share.

Our funded accounts offer benefits like tight entry prices, top-notch digital services, and 24/5 technical support. We focus on security with advanced encryption and separate client accounts. This protects your funds and personal info.


How Do PU Xtrader’s Funded Accounts Work


PU Xtrader offers funded accounts from $10k to $20k. These accounts are for both new and skilled traders. To start, traders go through three steps: Challenge, Evaluation, and PU Trader.

In the Challenge stage, traders start their journey. They trade without limits for at least 4 days. They need to make a profit of 10-20%, based on the account size.

At the Evaluation stage, the rules are the same, but the profit goal is lower, at 5-10%. This stage is a test of their skills.

Once traders reach the PU Trader stage, they get more freedom. They don’t have to trade every day or meet profit goals. Instead, they focus on managing risks. They can lose up to -5% to -10% daily and a total of -10% to -20%.


how do pu xtrader's funded accounts work

Understand More About Funded Accounts And Prop Trading

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Tools And Features Offered By PU Xtrader’s Accounts


PU Xtrader is a top choice for prop firms, offering powerful tools and features for trading. We give traders access to top-notch trading infrastructure. This gives them an edge in the market. Our platform supports trading in Forex, Commodities, Shares, Indices, and Crypto.

Traders can trade popular assets like GBPUSD, EURUSD, USDJPY, DJ30, SP500, and BTCUSD. We offer competitive spreads and standard leverage to boost trading potential. Our dedication to trader success is clear through our comprehensive resources and expert advice.

Our Plus account lets traders manage up to $200,000 of company capital. We have a low profit target and a high loss limit. This helps traders handle market volatility well. With 24/7 customer support, educational tools, and economic news, we support our traders fully in prop trading.


Risk Management In Funded Accounts


PU Xtrader takes risk management seriously in their funded accounts. We offer different account types to fit various trading styles and risk levels. The Basic account has a daily loss limit of 5% and a total loss limit of 10%. The Plus account offers more flexibility with a 10% daily loss limit and a 20% total loss limit.

These higher loss limits help traders handle volatile markets better. PU Xtrader doesn’t charge extra or hide fees from proprietary traders. This approach builds trust and lets traders focus on their strategies.

funded account types basic vs Plus

We also manage risk in how we distribute profits. Funded accounts get fast bi-weekly payouts. This quick payout schedule motivates traders and keeps their cash flow steady for trading.

Our risk management balances trader freedom with safety. This creates a space where funded accounts can succeed.


Trader Support And Development


PU Xtrader is a top choice for prop trading firms because we focus on helping traders grow. We have a lively Discord community where traders meet experts. This space is full of expert advice and new trading ideas, making it great for learning together.

We are committed to helping traders grow with 24/7 live support. Markets don’t sleep, and neither do we. Our team is always here to help, making sure you get the support you need.

We keep traders up to date with the latest economic news. This is key for making smart trading decisions. We also offer many educational resources and articles to improve your trading skills.

At PU Xtrader, we do more than just give tools. We aim to develop talent and help traders achieve their goals. This is why many see us as one of the top prop firms around.

* Discord community for peer learning and expert advice

* Round-the-clock customer support

* Real-time economic news updates

* Extensive educational resources for strategy refinement

By focusing on trader development, PU Xtrader makes a place where all traders can do well. Our aim is to give you the knowledge and support to succeed in prop trading.

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Final Thoughts


PU Xtrader’s funded account options let traders start trading without a long evaluation period. This means skilled traders can jump right in with more capital. This flexibility makes PU Xtrader stand out in the competitive world of trading.

The company is all about being clear and supporting its community. It offers many tools, features, and ways to manage risks. This helps traders make better choices and improve their strategies. The way they share profits also motivates traders to do well, matching the company’s goals.

PU Xtrader makes entering the funded account world easier. It’s great for both experienced traders wanting to grow and newcomers wanting to prove their skills. Their platform could lead to big wins. Yet, we advise traders to be careful and do their homework before jumping into any trading deal.

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