1cft trading platform – from zero to investor
Investing is a dream of many people who want to multiply their savings, gain financial independence and take advantage of the opportunities offered by the global financial market. However, the path from an amateur to an experienced investor requires not only adequate capital, but above all knowledge and experience. How can you start your adventure with investing, and how can the 1cft investment platform help you achieve this goal?
Learning, learning and experience
Before you start investing, the key step is to gain knowledge. To begin with, it is worth understanding the basics of how financial markets work. The concept of risk and the ability to assess it are also extremely important, because the forex market is characterized by a high level of volatility. Investing without education can quickly lead to losses, so the first step in becoming an investor is to study hard.
It is worth using various sources of knowledge – books, articles, online courses or webinars offer a rich resource of materials that can be absorbed at your own pace. The educational platforms and analytical tools that the 1cft platform provides can also provide valuable support. A prop trading firm like 1cft is committed to the development of its traders by offering them access to advanced analysis and training that helps them gain a better understanding of the financial markets.
The next step after gaining theoretical knowledge is to build experience. The 1cft investment platform allows you to test your skills on demo accounts, which allows you to gain practice without the risk of losing your capital. This allows new traders to gain confidence, test their trading strategies and understand the market in real market conditions.
First investment
When you have already taken your first steps in education and gained basic experience, it is time to invest real funds. The first investment is always a moment full of emotions – on the one hand, the excitement of the possibility of profit, on the other hand, the fear of loss. Therefore, it is worth approaching this step with caution and preparing well.
The first aspect to pay attention to is the appropriate selection of assets. Beginner investors usually opt for currency pairs that are characterized by lower risk. For those who prefer more dynamic markets, trading commodities on the forex market or investing in cryptocurrencies can be an interesting option. The 1cft pro-trading firm offers a wide selection of assets, so each trader can tailor their activities to their individual preferences and goals.
It is also crucial to establish an investment strategy. Before you make an investment, you should know whether your activities are short-term or long-term. The 1cft investment platform allows both fast trading and longer trading (it is possible to leave trades overnight and overnight), which allows for a flexible approach to investing. It is also important to understand your risk profile. Those with a low risk tolerance may prefer less volatile assets, while more experienced traders, looking for high returns, may opt for riskier trades.
A helping hand? 1cft Platform
Many novice investors wonder how to find the right platform that will provide them with support at every stage of their investing journey. The 1cft trading platform is a prop trading firm that offers users not only access to the markets but also capital to invest in. Prop trading means that the platform makes funds available to its traders, allowing them to operate with more capital, which increases potential profits.
What does it involve? The first step is to register on the platform and choose a challenge. There are accounts starting at $10k and ending at $500k. The fee to be paid for the test depends on the preferred amount of capital. Here is the price list taken from the company’s website:
- $10k account — $100 fee,
- $25k account — $199 fee,
- $50k account — $299 fee,
- 100k USD account — $499 fee,
- 200k USD account — 899 USD fee,
- $500k account — $2499 fee.
At this stage, it should be mentioned that paying a fee is necessary to start the test, however, this amount is fully refunded the moment the trader passes the challenge and earns the first funds in the funded account. In such a case, the profit from the funded account is transferred along with the refund of the challenge fee.
What does the challenge or assessment process look like? The 1CFT platform for traders has developed a unique process consisting of 2 stages – CHALLENGE and VERIFICATION. Each of these stages has its own unique rules. During the challenge stage, the trader must obtain a profit of 14% of the initial capital on the demo account provided by the company, while during the verification stage, he must already obtain 5% of the profit. It should be noted that the company also sets very strict rules for maximum losses. The daily drawdown of the capital cannot exceed 7%, while the total is 8% of the initial capital.
It is worth discussing this with an example:
The trader decided to buy a $100k challenge. To pass the 1st stage of the challenge, he must get a profit sum of $14k on the demo account. It must not record a loss of more than $8k (overall), including more than $7k per day. If they pass this stage, they get access to stage 2, which has similar rules, but the profit expected by the company is only 5k USD.
If a trader breaks the trading rules, the challenge is lost. It is not possible to get a refund for the cost of the challenge, but there are unlimited new approaches. In this case, you need to buy a new test.
After successfully completing the evaluation process, the trader receives the data for the so-called funded account. This account is still in the form of a demo account, but it is connected to the company’s internal system. All transactions made on it are copied by the company to its live accounts.
The profits obtained by the trader can be withdrawn on an ongoing basis. The company uses an 80:20 profit splitting to do this. This means that the trader receives 80% of the funds he earns, and the company takes 20% as his profit.
It is worth using the following example:
The trader has a funded account of $100k. He is entitled to a profit payment every 2 weeks. During this time, he made transactions that brought an increase of 10k USD to his account. Its balance is therefore 110k USD. In this case, 10K USD is the amount that will be divided between the trader and the company:
- 8K USD will be obtained by the trader;
- $2K will be taken by the company.
In order for a trader to be able to permanently earn on his funded account, he cannot, of course, break the trading rules as to the loss of capital (as at the evaluation stage).
Invest with the 1cft trading platform
Is it worth investing with 1cft? Definitely yes, especially if you are looking for a flexible tool that not only gives you access to a wide range of assets but also allows you to trade with more capital than you have. Reviews of the company are positive, with users praising the platform for its ease of use, transparency, and educational support, despite not being a leader
The 1cft platform offers an attractive prop trading model, which gives you the opportunity to invest in financial markets without the need to commit large amounts of your own funds. Moreover, the platform prioritizes the development of its traders by offering them numerous training and educational materials that help in improving their skills. In addition, users can count on quick access to market data and analytical support, which makes it easier to make accurate investment decisions.
Is investing with the 1cft platform profitable? If you have the right skills and knowledge, a prop trading platform like 1cft can be a great tool for multiplying your capital. You gain access to more investment funds, and the platform shares the profits, which means that both parties have a common goal – to maximize profits.
The fact that the company does not burden traders with losses deserves a huge plus. If there is a loss of capital while trading on a funded account, the trader does not incur any costs and does not have any debt to the company. The worst-case scenario that can happen is the loss of the funded account and the cancellation of the contract with the company.
Starting your trading career can be challenging, but the right tools like the 1cft trading platform can make the process much easier. Education, experience and solid support of the platform are the key to success. With its prop trading model, the 1cft investment platform offers unique opportunities for traders who want to invest on a larger scale and generate more profits. If you are looking for a place that will enable dynamic development in the world of investment, the 1cft platform is certainly worth considering.