Ftmo Challenge
Being funded allows you to have capital that you as a retail trader wouldn’t be able to come up with or, you don’t have enough time due to a busy schedule, risking your own money or life savings in this case can be more complicated than using someone else’s money to trade and you get to keep 90% of whatever is made after being funded.
Ftmo Challenge trading on small accounts with the hope of doubling or tripling the account, which ends up blowing due to aggressive trading style, is why the majority of retail traders do not achieve success in trading after several years of suffering on blowing accounts.
Instead of trading on your $500 live account and aiming for a $10,000 return in a month (which is an unreasonable target), we recommend getting yourself funded and start earning a 10% return on a $100,000 account. This way you will be earning with less risk, pressure, and greed.