Prop trading allows traders to trade using a firm's funds rather than their own. This arrangement allows traders to earn enormous funds while the firm enjoys its professional trading profits.
Supertrade is a new prop trading website intended to facilitate it. The site offers two sources of funding: 2-Phase Challenge and Instant Funding. Both allow traders to trade up to $100,000 in accounts under strict risk management principles.
Supertrade's 2-Phase Challenge is suitable for traders who will prove their selves. It offers two stages:
Successful completion of both phases by traders earns them a funded account of up to $100,000.
For traders who would like to start trading immediately, the Instant Funding feature allows them to fund a $50,000 or $100,000 account for a one-time fee. This option provides access to professional trading platforms with advanced tools and execution speed. Supertrade ensures security by enforcing strict risk management rules and operating under a compliant framework. The funding fee is returned once the first successful profit withdrawal is made, allowing traders to focus on their financial growth without unnecessary costs.
Supertrade has strict risk control rules to allow traders to create long-term approaches. The allowable maximum daily drawdown is 5%, with an overall maximum drawdown of 10%. The platform provides leverage of up to 1:100, allowing traders to deal in forex, crypto, metals, and indices.
Apart from professional trading, Supertrade also offers educational materials, market analysis, and a special blog. The Supertrade Academy provides strategy, risk management, and market movement tutorials. The company plans to launch a partnership program in which users can earn commissions by inviting new traders.
Supertrade is venturing into new markets to introduce advanced professional trading tools and additional funding. The platform leverages blockchain technology to enhance transparency and security in transactions. With seamless access via the internet, traders can operate from anywhere
Supertrade concentrates on providing traders with the capital and support necessary to excel in the competitive proprietary trading market.