Prop Firm Textbook EP12 | Free Trial Strategy [How to Experience “Free” Failures]

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かいたい先生

If you want to challenge a prop firm but are anxious about paying money right away… Here’s some good news. By using Fintokei’s free trial, you can experience a prop firm with zero risk.

This article will thoroughly explain the “3 account strategy” to maximize the use of the free trial. Let’s aim for a one-time pass by experiencing failures “for free”.

📕 Reliability of this article
Operated by the prop firm information site “Kaiteisho” / Official partner of Fintokei / Conducted over 40 giveaways

✅ What you’ll learn in this article

  • How to register and utilize the free trial
  • 3 account strategy (rule confirmation, method testing, live simulation)
  • The value and specific learning of “intentionally failing”
  • The optimal timing to transition from free to paid challenge
  • Checklist of what to do during the free trial period

What is the Prop Firm Free Trial? Explaining the Mechanism

Shinshoku
Shinshoku

Teacher, prop firms cost quite a lot of money, don’t they? I’m afraid to pay 20,000 yen right away… 😰

Kaitai Teacher
Kaitai Teacher

I understand that feeling very well. That’s why there’s a free trial. At Fintokei, you can experience all the functions of the challenge without paying a single yen.

The free trial refers to the “trial account” provided by prop firms. You can practice in the same trading environment (spread, execution speed, rules) as the live paid challenge.

Features of Fintokei’s free trial:

  • Completely free (no credit card registration required)
  • Same rules as the live challenge (same profit target, drawdown limit)
  • Can be reset as many times as you want (can immediately re-challenge after failing)
  • No reward even if you pass (it’s just for practice)

💡 Point

The “investment” is in failing the free trial. The “loss” is in failing the paid challenge. The value of the same failure is completely different.

Why is “Paid Right Away” Dangerous? Looking at Failure Rates with Data

Let’s look at the reality of prop firms in numbers. Generally, the success rate of prop firm challenges is around 10-20%. In other words, 4 out of 5 people fail.

Suppose you tried the Fintokei challenge plan (2 million yen course, ¥21,800) 3 times without any preparation:

Attempt Cost Result What I learned
1st ¥21,800 Exceeded daily loss of 5% on day 3 → Failed Learned the severity of the rules for the first time
2nd ¥21,800 Reached maximum loss of 10% in 2 weeks → Failed Strongly felt the importance of risk management
3rd ¥21,800 Achieved profit target of 8% → Passed! The experience of the 1st and 2nd attempts paid off

Total Cost: ¥65,400 (3 times the examination fee)

But what if you had experienced failure in the free trial first?

Attempt Cost Result
Free Trial × 3 Accounts ¥0 Completed rule understanding, method verification, and live simulation
Paid Challenge 1st Attempt ¥21,800 Passed with sufficient preparation!

Total Cost: ¥21,800 (¥43,600 savings = 67% cost reduction)

Kaitai Teacher
Kaitai Teacher

The numbers make it clear, doesn’t it? Experiencing failures first for free can dramatically reduce the number of failures in the paid challenge. This is the essence of the “failure cost insurance”.

Fintokei Free Trial Registration [3 Steps]

Registration is very simple and can be completed in 3 minutes.

Step 1: Access the Fintokei Official Website

First, access the Fintokei official website. Click the “Free Trial” button on the top page. Fintokei is based in the Czech Republic, but the site and support are fully available in Japanese, so you can use it with confidence.

Step 2: Create an Account

Enter your email address and password to create an account. At this stage, credit card information is not required. No KYC documents are required for the free trial either.

Step 3: Open a Trial Account

Just select “Free Trial” from the dashboard, choose the desired plan, and click the open button. After opening, you will receive the MT4 or MT5 login information by email.

Plans to choose from:

  • Challenge Plan (2 Steps): Clear STEP1 with an 8% profit target and STEP2 with a 5% target, the standard plan
  • Swift Plan (1 Step): Clear a 10% profit target in a single step, focused on speed
  • Start Plan (3 Steps): Gradually clear, suitable for beginners
Shinshoku
Shinshoku

Wow, it’s that simple!? No need for a credit card, so I can relax. Which plan do you recommend starting with?

Kaitai Teacher
Kaitai Teacher

I recommend starting with the Challenge Plan. It has the most users and standard rules. It’s also optimal for trying the 3 account strategy.

3 Account Strategy for Free Trials | The Secret to Conquering Prop Firms

It’s a waste to just use the free trial “vaguely.” Here, I’ll introduce a strategy of using 3 different accounts for specific purposes.

Account 1: For Confirming the Rules (Intentionally Fail)

Kaitai Teacher
Kaitai Teacher

In the first account, intentionally violate the rules to experience failure. Knowing the moment of failure becomes the biggest insurance for the live challenge.

Specifically, do the following:

  • Reach a daily loss of 5% → Experience the “feel” of the failure line
  • Let the position reach a maximum loss of 10% → Experience the account suspension process
  • Confirm the trading day rule → Experience how many days of trading are required

⚠️ Important

“Intentional failure” is an experience that can only be done in the free trial. Do not do this in the paid challenge under any circumstances. Knowing the reality of failure in the free trial greatly increases your survival rate in the live challenge.

Account 2: For Testing Strategies (Verify if Your Method Works)

In the second account, test whether your trading method works within the rules of the prop firm.

  • Trade with your usual method → Confirm if the drawdown stays within the rules
  • Adjust the lot size → Verify the compatibility with the risk management rules
  • Check the trading time zone → Check the times when the spread tends to widen
  • Select the currency pair → Verify using favorite instruments like gold or USD/JPY

Account 3: For Live Simulation (Aim to Complete STEP1)

In the third account, aim to complete