Get to know the Forex fund and the game of Aangkhilam

If you are a trader dreaming of having enough capital to explore your abilities, Forex Fund Testing might be an option you should consider. Unlike trading with a regular broker, this program allows you to trade using company funds, sharing profits instead of risking your own money.

Dive into the world of Forex Funds

Forex Funds is a system where trading companies unlock capital for traders who pass the testing phase. The main difference is that you don’t need to invest large amounts of your own money—just pay the registration fee, and if you pass the exam, you’ll receive a trading account with existing funds.

Trading with a fund is interesting because it changes the risk structure. When you trade with company money, you’re not risking your personal capital. Losses are borne by the company, while your profits are shared according to an agreed ratio.

However, this type of trading also comes with strict conditions. Companies set various restrictions to protect their funds, such as maximum daily loss limits, profit targets, and risk management rules. If you fail to generate profit for the company from your account, they may reassess or close the contract.

Why choose to trade with a Forex Fund

Advantage 1: Large capital without risking your own - Once you pass, you trade with company funds. Errors in trading won’t shake your personal account. This financial security is suitable for those not yet ready to risk large amounts of their own money.

Advantage 2: Potential profit sharing - If your trading is successful, you’ll receive a share of the profits. Some companies offer up to 90% to traders. The better you trade, the more you earn.

Advantage 3: Flexibility in strategies - Most companies do not force you to trade in a specific way. You can use your own strategies as long as you follow risk management rules.

Advantage 4: Diverse assets - You are not limited to forex alone. Many companies allow trading stocks, cryptocurrencies, metals, etc., helping you diversify your risk.

Challenges not to overlook

Disadvantage 1: Strict testing process - Passing the Forex Fund Test is not easy. You must demonstrate real ability through a demo account or during the exam. It often takes one week to a month.

Disadvantage 2: Limited independence - Although companies do not dictate your strategy, they impose many rules, such as daily loss limits, prohibited trading tactics, and profit goals.

Disadvantage 3: No fixed income - Unlike regular jobs, your income depends solely on your performance. Market volatility can mean periods of zero profit.

Disadvantage 4: Psychological pressure - Working towards a set profit target and knowing that mistakes are scrutinized by the company creates mental stress. Fear and greed can impair decision-making.

How to choose the right Forex Fund

Not all Forex Fund Testing companies are suitable for you. When comparing, consider:

1. Check the company’s history and credibility - Look for reviews from traders who have actually taken the test. Verify if the company pays out profits on time.

2. Compare profit-sharing ratios - Good companies often offer 70%-90% to traders. Avoid offers below 50%.

3. Study trading conditions - Understand loss limits, profit targets, leverage, and other key rules. Make sure they align with your trading style.

4. Review tools and trading platforms - Leading companies should provide good platforms, advanced analysis tools, and real-time market data.

5. Inquire about support - Good companies have responsive support teams, webinars, and comprehensive learning materials.

6. Check fees - There should be no hidden costs. Registration and exam fees should be clear and reasonable.

5 companies to consider

Topstep (2010, Chicago)

This company emphasizes quality training and support. Allows trading stocks, futures, indices. You can choose account sizes: $50,000, $100,000, or $150,000. Has a clear risk management system.

SurgeTrader (2008, Naples, Florida)

Offers a 2-phase exam, simple trading rules, no time limit. You pay once, then choose phases and capital levels according to your style. Focuses on simplicity and clarity.

FundedNext (2022, Ajman)

A newer company offering a 15% (high) profit share. No time limit for the exam. Drawdown is calculated based on the actual balance. The more your account grows, the higher the acceptable risk.

FTMO (2014, Czech Republic)

Has a 2-step evaluation process designed to find truly capable traders. After passing, you get an FTMO account with up to $200,000 in funds. Known for high standards.

Lux Trading Firm (2021, United Kingdom)

A general platform supporting stocks, cryptocurrencies, metals. Features advanced analysis tools and automated trading capabilities. Over 12,000 US stocks and 500+ cryptocurrencies.

Effective strategies for passing the Forex Fund Test

Turn risk into advantage - Use appropriate leverage and select the right risk percentage per trade. You need risk to achieve high returns, but it must be balanced.

Deeply learn tools and systems - Before applying, ensure you understand various indicators, can read charts well, and are familiar with backtesting features on each platform.

Prove yourself on a real account first - Most importantly, if you are not trading with real profit on your own money, you are unlikely to pass. Companies know that traders tend to lose when they see real fluctuations. Therefore, ensure you consistently profit on your own account.

Don’t rush - Losses are part of the process. Wait for good setups according to your trading style. No need to trade every day. When you see a good setup, that’s the time to enter. Patience is your friend.

When everything comes together

Forex Fund Testing is a bridge between capable traders and the world of professional fund management. If you have a trading background and patience, and can generate consistent profits, this path offers potential for self-development into an industry expert.

The charm of this program is simple: if you perform well, you grow money that isn’t yours, and earn a fair share. The risk falls on the company, but the rewards are truly yours. For traders ready to go, this is a game different from regular trading.