In the fast-paced world of Forex trading, finding the right platform to support your ambitions is crucial. AuraPips stands out as an educational trading firm dedicated to equipping traders with the tools they need for success. This article explores what AuraPips offers, including their unique funding model, trading advantages, and commitment to trader empowerment.
AuraPips is a prop trading firm specifically designed to support ambitious Forex traders. Unlike many competitors, AuraPips allows High-Frequency Trading (HFT), enabling traders to employ advanced strategies and maximize their potential in real market conditions. Their mission is clear: empower traders to achieve financial freedom through accessible funding and a supportive environment for growth. The company's vision extends beyond mere trading; it's about creating a fair and flexible environment where traders can thrive. AuraPips aims to be a trusted partner in every trader's journey towards success, pushing boundaries and setting high benchmarks in everything they do.
AuraPips provides a unique service model for Forex traders:
- Funded Trader Programs: Traders can become funded by passing a two-step evaluation process. This allows them to trade in financial markets with provided capital, sharing a portion of the profits.
- High-Frequency Trading (HFT): Unlike most prop firms, AuraPips supports HFT, offering an edge to traders who utilize sophisticated trading strategies.
- Platform Support: Currently, AuraPips supports MetaTrader 5 (MT5), with plans to include support for cTrader soon.
- Simulated Environment Trading: Initially, traders operate in a simulated environment. Upon successful funding, trades are mirrored on live accounts, providing real profit payouts based on performance.
AuraPips distinguishes itself through several key advantages:
- Scalable Funding: Traders can scale up every three months by 33% in size, allowing for progressive growth.
- Flexible Trading Days: Enjoy unlimited trading days across all plan types and phases.
- Reward System: Full-time traders have a monthly reward rate averaging 8.1%, with up to 90% of those rewards going to the trader.
- Fast Processing: Requests submitted after 14 days are processed within 24 hours, ensuring quick access to funds.
While specific location or contact details are not provided, AuraPips emphasizes its commitment to transparency and ease of access for its users. They offer fast, flexible, and secure access to trader rewards, ensuring a seamless experience for participants.
Q1: What is the evaluation process at AuraPips?
A1: Traders undergo a two-step evaluation process to prove their trading skills. Successful completion leads to funding in financial markets.
Q2: Can I use high-frequency trading strategies with AuraPips?
A2: Yes, AuraPips uniquely allows High-Frequency Trading, enabling the use of advanced strategies.
Q3: What platforms does AuraPips support?
A3: Currently, AuraPips supports MetaTrader 5 (MT5), with plans to add cTrader support soon.
AuraPips offers a compelling proposition for Forex traders looking for funding and a supportive trading environment. With their unique approach to high-frequency trading and scalable funding options, AuraPips empowers traders to maximize their potential. For those seeking deals and discounts on trading programs, exploring options on platforms like Planet Deals may further enhance your trading journey.
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