Are there totally free funded trading platforms? How quickly do they pay out?

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s33d_moonFull Member
Posts: 235 · Reputation: 715
#1Oct 28, 2018, 12:16 PM
Is there really a place that pays out and isn’t a scam? I mean, do fully funded trading programs exist for crypto, stocks, or forex? If there’s some kind of evaluation process, how long does it usually take? Anyone here with real experience? I think others would want to know about this too. Something like this... Joining the program costs nothing, no hidden fees or membership costs. Axi Select is open to traders of all skill levels, offering a path through six stages and letting you share in up to 90% of the profits.
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maxi_bearFull Member
Posts: 161 · Reputation: 536
#2Oct 28, 2018, 04:28 PM
No there aren't. There's a catch. You pay a fee to enter such programs. The "funding" isn't real funding. They just give you a margined account. Say you put in 1k, you get a margined account with 20k. Or something like this. Then if you lose even a single trade by 10%, your account is closed. They say if you 10x or something your funds you get a kickback. Of course this is nearly impossible and even in such cases you won't be paid very often because these programs aren't legitimate. Don't trust anyone advertising such programs because they're just doing it for the referral fee. Don't expect anything out of such programs they're 99% scams. Anyway. There's not much to say about this. Just flashy marketing that leads to nothing. Discussing it a lot gives "funded trading" more light than it deserves.
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k3vin4peSenior Member
Posts: 285 · Reputation: 1407
#3Oct 28, 2018, 06:51 PM
Many brokers or companies that sponsors the funding trading are usually scammers, they make you pay some certain amount as fee, to acquire a higher trading account where they give you so many terms and conditions that you probably would fall for one of those terms and once you do, you are out. Sometimes, if you manage to get to the final level, you probably would not be allowed to withdraw. @Fullbear2222, it's quite obvious that you are advertising for axi, but very shameful that you don't even know what you are advertising. But let me school you, axi is not free and they have condition that must be met, which requires you to have $500 in your balance, what's that $500 for? You said it's free, so why does anyone have to make such deposit? These are the conditions, and site doesn't look legit.
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mark_whaleSenior Member
Posts: 238 · Reputation: 968
#4Oct 29, 2018, 12:34 AM
Judging from the feedback that has been left on OP's profile by other members. I am not surprised on what he is trying to do. Perhaps a flag can do to avoid him from misleading guest users and newbies OP through his alts has had a habit of promoting scams and ponzi scams in the past. This is no different.
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