Global Forex Funds Review: Getting Real About This Prop Firm

In the expansive world of prop trading, there are several options out there! Now, Global Forex Funds offers prop trading with low initial deposit requirements. But is this company the right choice for you? Let’s dive into the specifics in our Global Forex Funds review. Stick around to discover more interesting facts about this company!

About Global Forex Funds

Global Forex Funds is a new proprietary trading firm, active since 2023. They say they are committed to helping traders improve their skills.

Functioning like a broker, they leverage similar platforms and partners. Moreover, they simulate real trades during the evaluation and funding stages. The claimed advantage?

Traders can engage in simulated profits without the looming risk of capital loss. However, it’s crucial to be mindful, given the mixed reviews in the online sphere.

The Process

Joining this trading company is a methodical process. We see that traders choose their tier, undergo evaluation, and stick to risk management rules to meet set targets. Upon success, you get access to simulated capital.

Also, you get a certificate of evaluation passing, and additional perks too. The final stage invites traders to apply their trading discipline with a simulated balance. And speaking of real money, the Global Forex Funds profit split sits at 80%. We can say that this is solid!

What are Prop Firms? The Basics

Proprietary trading firms, or prop firms, allocate their own funds across various financial instruments. These can be stocks, bonds, forex, indices, metals, and crypto coins.

Prop traders use their own market strategies and get a cut of profits made with the firm’s capital. It is known that prop firms offer the opportunity to trade with a larger capital base. Still, choosing the right one poses a tough challenge.

Note: BrokersPark promotes trading with leverage as high as 1:200 through the MT5 platform. Nonetheless, if you’re considering this company, it’s important to take a closer look. They hide many things. 

The Challenge – Global Forex Funds Funded Accounts

The Global Forex Funds prop firm talks about its objective of helping traders refine strategies. They talk about the fact that all that is possible without a hefty initial deposit. The process involves purchasing an evaluation, showing your skills, and securing funds.

Now, let’s take a look at the associated costs and risks:

• $15,000 Evaluation
  • Profit Target: 10%
  • Minimum Trading Days: 10
  • Max Daily Loss: 5%
  • Maximum Total Loss: 10%
  • Leverage: 1:30
  • Profit Split: 80%
  • Cost: $99
• $25,000 Evaluation
  • Profit Target: 10%
  • Minimum Trading Days: 10
  • Max Daily Loss: 5%
  • Maximum Total Loss: 10%
  • Leverage: 1:30
  • Profit Split: 80%
  • Cost: $199
• $50,000 Evaluation
  • Profit Target: 10%
  • Minimum Trading Days: 10
  • Max Daily Loss: 5%
  • Maximum Total Loss: 10%
  • Leverage: 1:30
  • Profit Split: 80%
  • Cost: $329
• $100,000 Evaluation
  • Profit Target: 10%
  • Minimum Trading Days: 10
  • Max Daily Loss: 5%
  • Maximum Total Loss: 10%
  • Leverage: 1:30
  • Profit Split: 80%
  • Cost: $449
• $200,000 Evaluation
  • Profit Target: 10%
  • Minimum Trading Days: 10
  • Max Daily Loss: 5%
  • Maximum Total Loss: 10%
  • Leverage: 1:30
  • Profit Split: 80%
  • Cost: $799

Assets and Partnership

This trading company talks about a diverse range of trading options. We can see these are FX, crypto, CFDs, oil, indices, and metals.

We can also see they are partnering with Eightcap. What’s more, they promise access to premium trading platforms like MT4 and MT5. When it comes to the broker in question, it is regulated and has many positive ratings online!

Navigating the Interface

The prop firm’s experience primarily revolves around its dashboard. The dashboard is equipped with many cool features. We are talking about low latency, swift performance on desktop or mobile, and real-time data updates.

It aims to provide a wide view of challenges, Global Forex Funds funded accounts, and statistics. This is a big plus!

Note: Have you heard of Dripcoin? This broker is extremely shady! Instead of providing real legal papers, this fishy broker has resorted to offering screenshots to defraud its clients. 

Global Forex Funds Reviews on Trustpilot

According to Trustpilot, this firm earned an average rating. Notably, we can see a modest 3.4 stars. While not stellar, there’s room for improvement in this aspect.

It’s crucial to note that a 3.4-star rating isn’t that good, especially in the competitive FX world. We believe traders should consider platforms with ratings of 4.5 stars and above. Make sure you do that for a more reliable and secure trading experience.

Selecting a Prop Trading Firm

If you are searching for prop trading firms, it’s important to think about safety. To make a wise decision, always conduct your research and check firm profiles on Trustpilot. Look at the assets, the funded account size, leverage, and the evaluation rules. Also, pay attention to the profit split ratio of 90/10. This can indeed make a significant difference!

Remember to choose a dedicated firm with a solid reputation. Most prop firms prioritize safety and offer many valuable features. We are talking about strict risk management policies, helpful training programs, and much more. Keep this in mind!

Making Profits Through Trading

Are you excited about the idea of making money through online trading? Well, it’s easier than ever! We’re here to guide you through the world of forex and crypto trading. So, contact us today!

Plus, we’re thrilled to introduce our latest venture – proprietary trading! Partnering with a leading prop firm, our clients can seize the chance to earn up to a remarkable $180,000. It’s a unique chance to boost your earnings with a trusted partner.

Tip: What is FxEx? This shady firm hides its identity and lacks regulatory compliance. This information is crucial in determining the legitimacy of the broker.

Final Words

All in all, Global Forex Funds provides a range of features, as detailed on their site. They have it all, from evaluation processes to many trading options and a promising dashboard.

However, it’s essential to make informed choices and do your own research. This company has average ratings and there are better options out there!

Remember, the key is to choose the best possible offer. Speaking of which, our prop firm, as mentioned earlier, offers a superb opportunity for you to earn up to $180,000. It’s an offer worth considering! 

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