ilmscore | Prediction Details
"Right now, if you want a funded account of $5,000, you have to pay around $100 to $50, which is $10,000 to $ 10,000. Then, when you clear the test, the company benefits in two ways. Suppose 10 people are taking the exam, all 10 won't clear it. Nine out of 10 will fail. One person will clear it. So, the company is earning money in two ways. The xam fees for those who fail also go to the company. exam fees for those who fail also go to the company. And the profit from the one who passes also goes to the company. A portion of the money earned will go to the company. So, the company is making a profit with everything. The company has to make a profit on everything. Okay, you have to keep one thing in mind: a funded account isn't just a child's play. Okay, you know trading and you have the confidence to go and clear the funded account and clear its exam. Only then should you go after a funded account. 10,000 to 12,000 isn't a small amount for us. 10,000 to 12,000 is not a small amount. If you pay 10,000 to 12,000 if you pass the exam, you'll get the account. Even after that, you'll have to make a profit on the account only then will you get anything. If you fail the exam, you'll lose all your money. You won't get a refund. There's no refund. So, if 10 people apply for the exam and fail, your money is gone."
By Trade with Purab | October 5, 2024 | Pending
From video
How to Trade Forex - LEGALLY | Trade with Purab @acetradingofficial 00:13:28 - 00:14:43
Interpreted Prediction
There is a fee to take the funded account exam, ranging from $50-$100 for a $5,000 account, or approximately ₹10,000-₹12,000. This fee is non-refundable, and failure to pass the exam results in the loss of this amount. The company profits from both exam fees and from the successful traders.

Prediction Details

Topic
Cost and Refund Policy for Funded Account Exams

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