The Transparent Fx Mentorship Program students that can apply for trading account funding from our partner firms must have:
Mastered the rules of the trading strategies we teach ( I.C.I strategy, W.M strategy, T.L.C.T.L strategy )
Fully mastered the concept of risk management and trading psychology, and show that they can apply the rule-based strategies consistently and generate steady returns
As a student, you can request funding directly from your student dashboard and after a first risk and performance evaluation in which you will be asked to provide 6 months of live trading history using our strategies and applying proper risk management, you will be put in contact with one of our partner firms that offer trading account fundings ( all the costs are covered by us, it’s a 100% scholarship) of:
You get to choose which firm you want to apply for funding from, we will simply provide you a scholarship and cover 100% of the costs for applying with any firm of your choosing.
Get paid: receive a generous profit split between the trader and the funding partner, ranging between 50% or 80% going to the trader based on your account choice during your evaluation, and in general, depending on which firm you choose, again you have complete freedom of choice, as soon as you have 6 months of live trading history showing profit and proper risk management, you can request this scholarship from us.
What our best students have to say...
The results you should generally expect to achieve based on historical available data (per the studies shown below) suggest that you will lose money. At a minimum, these studies indicate at least 50% of our students will not be profitable. Also, some of our students providing testimonials have received a small refund (up to 7% of the course programme fees) after they sent us their testimonial as a sign of our appreciation. Studies:
1 Barber, Brad & Lee, Yong-Ill & Liu, Yu-Jane & Odean, Terrance. (2014). 2 Garvey, Ryan and Murphy, Anthony, The Profitability of Active Stock Traders. Journal of Applied Finance , Vol. 15, No.
2, Fall/Winter 2005. Available at SSRN: https://ssrn.com/abstract=908615). 2. Additionally, out of 1,146 brokerage accounts day trading the U.S. markets between March 8, 2000 and June 13, 2000, only 50% were profitable with an average net profit of $16,619. 3. Finally, out of 334 brokerage accounts day trading the U.S. markets between February 1998 and October 1999, only 35% were profitable and only 14% generated profits in excess of than $10,000. Douglas J. Jordan & J. David Diltz (2003) The Profitability of Day Traders, Financial Analysts Journal, 59:6, 85-94, DOI: 10.2469/faj.v59.n6.2578).