#United Arab Emirates #Dubai #Prop Trading #XFunded #Raphaël Peña

XFunded's Landmark Achievement in Prop Trading

In the dynamic universe of proprietary trading, XFunded, a firm based in Dubai, has made waves since its inception on June 2, 2024. Founded by a team of seasoned traders, XFunded has quickly established itself as a revolutionary platform that prioritizes trader welfare and transparency.

Background: Designed by Traders, for Traders

Understanding the hurdles that traders face in the prop trading sector, the founders of XFunded aimed to create a better alternative. They've previously funded over $25 million in prop firm accounts and collaborated with established firms such as FTMO and True Forex Funds. This wealth of experience has become the bedrock upon which XFunded's trader-focused philosophy is built.

Innovative Features and Sustainable Practices

What sets XFunded apart from its peers is its commitment to ethical trading practices and a transparent infrastructure:
1. Transparent Rules: The firm implements clear policies including restrictions on trading during key economic events and limits on weekend positions to minimize gap risk.
2. Daily Drawdown Resets: Every day at 4 AM Paris time, traders get a fresh start, allowing them to reset their drawdowns and approach trading with renewed vigor.
3. Profit Distribution Guidelines: The firm ensures sustainability by capping any single trade's payout contribution to no more than 45% of a trader’s total profit.

Versatile Challenge Models Tailored to Trader Needs

Recognizing that traders have varying preferences, XFunded offers three distinct paths to access funding:

• - 1-Phase Challenge: A quicker option for traders eager to get funded fast after a brief evaluation period.
• - 2-Phase Challenge: A more relaxed approach with ample time to meet two clear metrics, ideal for those preferring a steady pace.
• - Instant Funding: For those who want to bypass the challenge entirely, this route allows immediate access to trading capital.

Impressive Growth and Global Reach

Since its launch, XFunded has achieved impressive milestones:

• - Over 18,000 challenges sold
• - More than 3,000 active traders monthly
• - Releasing over $1.2 million payouts
• - Operating across 50+ countries
• - Support provided on platforms like MT5 and cTrader

Leadership Wisdom Rooted in Success

The mastermind behind XFunded, 22-year-old Raphaël Peña (also known as Meta Raph), has an impressive personal journey in trading. Peña’s philosophy revolves around fostering a supportive environment for traders, emphasizing that building a robust trading ecosystem is more important than mere display of success. He has reinvested his personal capital into the firm, focusing on sustainable growth.

A Commitment to Trader Empowerment

Peña passionately articulates XFunded's mission, stating, "We're lucky as traders to have access to capital so easily today," further committing to eliminating barriers that stifle trader success and creating a level playing field.

Conclusion: A New Era for Prop Trading

As XFunded ventures further into its second year, it embodies a transformational narrative in the prop trading space. By continually adapting to trader needs while maintaining transparent and ethical guidelines, XFunded is poised to lead a new phase in proprietary trading, paving the way for aspiring traders worldwide.

For further details about XFunded and their innovative approach, visit XFunded.