iFT’s Live Trading Chat Program is designed to allow for a trader to receive his first level of seed-funding up to a maximum of $100,000 and earn 15% of all profits earned on that account, payable monthly, while immersing the trader in ongoing education and guidance through iFT’s Live Trading Chat Room where participants will be under the direct tutelage of master traders through the trading day.
As the market opens and the footprints of money unfold, our master traders continually provide our students with real-time market analysis and trading opportunities. Watch master traders call live trades and apply sound trade management dictated by iFT’s trading methodology as they pull profits from the market each and every day.
Trading Account Summary:
- 90-Day Simulated Trading Period– This is where the trader begins to put theory into actual practice and starts to build the good habits that form the right foundation for consistently profitable trading. This training period, which takes place with real-time market data will reveal the trader’s flaws and show what needs to be altered, corrected or eliminated in one’s trading approach. Much of the traders growth and promise will be developed and revealed during this training time.The Simulator Trading Period presents one major trading milestone for the trader to pass, a $3,000 net trading profit achieved with good trading statistics. Upon passing this all important milestone, the trader is ready to begin his/her professional trading journey.
- Fully Funded Trading Account– This is the crowning jewel of the Live Trading Chat Program. Upon graduation from the Simulator Trading Period (see above), the trader becomes eligible to trade a fully funded account up to a maximum of $100,000. The trader will earn 15% on all effective trading gains, payable monthly. Here the trader’s goal is to string together a series of consistently profitable quarters with the real account, demonstrating that he/she is ready for the next step in the professional journey with more capital and an even higher payout rate.
- IFT’s Institutional Transaction Fees– Traders benefit from the firm’s institutional trading and commission rates. Equity Self-starters trade for 15 cents per every 100 shares traded. A 1,000 share trade would cost $1.50 in commissions. Traders also will receive rebates (payments from the exchanges) for placing certain types of specialty trades, another huge benefit for professional traders over retail traders.