Let’s be honest. Futures trading can be a highly profitable venture when handled well, but it’s not always the most exciting or accessible industry. Younger entrepreneurs and those looking for a side hustle may assume it’s beyond them. However, the rise in gamification within funded trading platforms means that future trading isn’t out of reach. Younger traders are connecting and building wealth with online tools and a fresh approach. So, how does gamification work in the world of future trading, and is it a more beneficial approach?
Does Gamification Enhance Funded Trading?
Gamification is nothing new. The concept has been around in online platforms and digital apps for years because it’s such an effective way to engage with customers. The general idea is to turn the use of any platform into a game. Just as console gamers earn points and beat levels to progress with their game, so do those using these other programs.
The sense of achievement that comes from the small wins and beating goals makes users feel as though they are getting a more beneficial experience. Leveling up may give them access to better content, more deals, or other perks they wouldn’t get on a lower level. It does feel as though they are putting in any work, and they always see the direct positive impact that work has on the company running the scheme. For example, retailers offering a gamification-style reward system with points and prizes can attract users because of the gratification that comes from earning that prize through their actions and spending habits. Those consumers may not notice they’ve actually spent more online or in-store to level up and feel like they’ve accomplished something.
Gamification also works in the world of funded trading. The primary objective of funded trading is to take capital from a financial resource and use that to make a profit. Ideally, traders will make enough to see sizable payouts on given dates and enjoy enough perks to keep coming back for more. There will also be some risk to the game in the event of failure, or else it wouldn’t be a challenge. Platforms can do this by setting targets on these programs. There may be a specific profit target for starter levels and then a more significant one for those who level up. There may also be daily loss limits to ensure that users stay active and competitive. Consistency is key with these platforms, with developers expecting people to log in and commit their time to the program as they would any mobile game. Those who achieve that can earn the right to payouts as a reward for the time spent on the platform.
As long as both the platform and trader get what they want out of the arrangement – which generally means increased profit and a sense of gratification – everyone’s happy. Companies can determine how much they want to lean into the gamification angle from there. They might want to keep it low-key with basic concepts only, or they might go further with the addition of online profiles, XP points, and additional rewards. There are even some that blur the lines to the point they hold gaming tournaments for their members.
Accessible Online Funded Trading Communities
Another benefit of these online resources for funded trading is the community aspect. When you add gamification to something as potentially static and dull as trading, you open it up to new users and give traders something to talk about. Members can discuss their progress and achievements as they would on gaming forums. These forums could be highly beneficial resources when making connections and learning more about trading outside of the program. The use of tools like Discord can also make it easy for members to chat in real time and receive news about promotions and opportunities.
When you have a company that’s dedicated to providing the best experience for all users, you end up with something that’s accessible to a broader range of users. Some who have aspirations in future trading but lack the confidence and means to get started will find it a lot easier when working with companies with greater onsite resources. In addition to community support, that can mean affordable deals for access to the early stages of the programs. Companies can create these great incentives, such as the My Funded Futures coupons, to give first-timers the push they need into the world of trading. From there, it’s up to the individual to meet the criteria set out to achieve their goals and receive a payout.
Is Funded Futures Trading Better This Way?
Funded trading isn’t a foolproof system where everyone is guaranteed a payout. You may get access to capital and a much better deal than you expect with those potential coupons, but you still have to put in the work. It’s the same with any game. Even if you get a free life and the chance to go for something amazing, it doesn’t mean you’re going to win. Some traders will thrive with the challenge presented. They’ll want to put in the effort to reach their targets and make it onto other levels. They may also feel encouraged to progress thanks to the community-led nature of the platform. Others may struggle with this level of uncertainty and competition and prefer a different approach.
This is why it’s crucial to check out the different plans and levels as much as possible in advance. Find a system that’s exciting and engaging enough to push you to get sizable payouts while learning more about future trading. Make sure you understand the criteria and what it takes to stay part of that system or upgrade to a new level. Also, check out the community and what they have to say about the platform. The more you know in advance, the better the chance of finding a trading platform with gamification features that you can enjoy. And if you can get started with a start-up bonus or coupon, all the better.
