Hurdles faced by traders in prop firms and how Funded nation removes those hurdles

The growing popularity of Prop firms in trading have instilled a new hope among traders with limited finance who otherwise cannot leverage their trading skills because success in trading is also about more funds in addition to the traders’ skills and expertise. Prop firms conduct evaluation of traders’ skills and expertise to check eligibility and fund successful traders with amount ranging from thousands to millions of dollars. Prop firms charges an evaluation fee and puts traders on demo account to let traders trade and prove their skills for the said funding. However, most traders fail to clear the evaluation test and end up losing the non-refundable evaluation fee. Only 10 out the 100 accounts make it to the end and the rest ends up only paying the evaluation fee to the firm.