Solution

Tordess provides skilled traders funding of up to $100,000.

To acquire funding, traders must undertake a 2-step evaluation:

  • Step 1: Assessment of traders' ability to turn over a profit.

  • Step 2: Assessment of traders' ability to manage risk consistently.

With Tordess, to generate a full-time income from trading, traders' need for monthly return has dropped from 20-100% all the way down to 1-5%, which is far more realistic.

It is important to note that if they mismanage the funds post-evaluation, the maximum they would lose is the evaluation fee, which significantly limits the trader’s downside exposure.

To illustrate the comparative advantage, consider that:

  • Self-funded trader with $500 initial capital needs to generate a 1,000% (10x) return to realize a dollar-denominated return of $5,000.

  • In comparison, Tordess prop trader, after paying the evaluation fee, can generate profits at various stages – 10% on Step 1 evaluation, 10% on Step 2 evaluation, and 5% on the funded $100,000 account. In total, Tordess prop trader only needs to achieve a total return of 25% to realize a dollar-denominated return of $5,000 for withdrawal, exclusive of fees and profit splits.

Last updated