OREM, Utah--(BUSINESS WIRE)--Apiary Fund just completed its largest and most successful Trader Summit where more than 70 percent of participants were profitable trading on live accounts provided by the Apiary Fund.
More than 150 people attended from all over the U.S. in Salt Lake City to learn new trading strategies they applied during live trading sessions. During the four-day summit participants processed more than $1 billion in currency trades.
“Hitting the $1 billion volume level is significant,” said Nate Allred, Apiary principal trader. “The more volume we produce through the Apiary fund means we receive tighter spreads for trades lowering the cost of transactions – cost savings we can pass on to our traders.”
The majority of Trader Summit participants are beginning traders, said Allred. “We encourage people to attend the summit because it far-and-away is the best thing they can do to enhance their training and improve their trading success.”
Using active trading accounts given by Apiary Fund for the Summit, traders began live trading each morning, shared trading strategies and developed new techniques from professional instructors and risk managers.
The $1 billion in currency trades the traders processed all occurred via the Internet at the location of the Summit using the Apiary Fund trading platform. The active accounts each trader received for the Summit remains theirs for use in continued trading from their home locations.
The Apiary Fund is a proprietary trading fund. Members receive access to trading training and coaching. They learn by trading unfunded practice accounts. When they reach a certain level of trading skill, they receive an actual account and trade using Apiary's money. As they succeed, the fund shares a significant part of the profits they earn with them.
About Apiary Fund
Located in Orem, Utah, Apiary Fund is a private company that develops traders and gives people the opportunity to seek the freedom of flexible income by trading with its money. Through technology and education, Apiary empowers traders to work toward their path to success. www.apiaryfund.com
