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Forex traders are an exceptional breed of individuals. Their ability to see patterns in the markets and act upon them promptly is something that most people don’t have. Even for professional traders, it takes years to develop this skill.
That’s why many institutions, even those which focus on traders, offer scholarships as well as grant programs that help individuals who demonstrate the potential to succeed and become market professionals. In addition to these financial benefits, traders also receive access to various resources such as mentors and networking opportunities that assist with their career development.
There are several different types of trader programs available, each with its pros and cons. Some offer funding directly from the institution, while others require you to provide your capital and invest it in a fund or directly into a trader account established by the program itself. If you are interested in becoming a trader or seeking out this type of career, read on for our list of the top 3 forex funded trader programs that use TradingView:
C Jump’s Elite Trader Program is one of the top-funded trader programs that use TradingView. This program provides funding for both stocks and forex trading. More importantly, there is no experience required to be accepted into the program. You can apply if you have a computer and internet connection, though you will need at least $2,500 in funds to get started.
Note that this is just for the initial deposit, not your total trading capital. You’ll also need a regular income that can be verified through your tax records for the past three years. Other requirements include a minimum FICO score of 620, a valid U.S. social security number, and at least 18 years of age. You can apply online via their website.
The JFG Institutional Elite-Trading Program is another top-funded trader program that uses TradingView. This program provides funding for both stocks and forex traders. There is no requirement for experience, though you should be at least 21 years of age.
You will need to apply with a co-signer who is at least 35 years old and have a minimum annual income of $80,000. This program also requires you to provide collateral in the event you can’t repay the funds you borrow. You can apply online, though you will need to complete a phone interview and in-person meeting before being accepted.
FXTM’s Pro Trader Program is another top-funded trader program that uses TradingView. This program provides funding for forex traders only. You will need at least two years of experience and at least $50,000 in capital to apply.
This program also has an age requirement of at least 21 years. You will need to provide a co-signer who is at least 30 years old and has an annual income of at least $100,000, with an additional $50,000 in the capital. Funding is disbursed over six months and is repayable with interest. You can apply online and receive a response within 48 hours.
Lastly, we’ll cover the CME Group’s Traders Pathway Program and the ETRADE Spark Trading Program. Both of these funded trader programs use TradingView. The CME Group’s Traders Pathway Program builds on a series of workshops and seminars designed to help you develop the skills you need to become a sustained and profitable trader.
If you become a member of this program, you will receive free access to TradingView along with mentorship from top traders and financial professionals with decades of experience. This program does not provide funding for traders, but it does provide the tools necessary for success. The ETRADE Spark Trading Program provides funding for both stocks and forex traders. You will need at least $500 in capital to apply. This program does not have a minimum experience requirement, but you will need to interview with them to be accepted.
There are many benefits to trading, including the ability to make your schedule, choose your trading hours, and pursue the markets that interest you. However, becoming a successful trader requires time and effort. The best-funded trader programs that use TradingView take care of the technical details such as setting up your trading platform, while providing the mentorship and networking opportunities necessary to succeed.
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