The Best Prop Firms of 2024

Best Prop Firms of 2024

Proprietary brokerage firms, commonly referred to as prop firms, are financial institutions that trade financial instruments using their own capital rather than equity. These firms trade brokers whose strategies are used to take advantage of changes in financial markets work. Unlike a traditional manufacturing company, packaging companies do not trade on behalf of their clients; […]

Prop Trading Firm’s Regulations

prop trading firms

For those traders who might have missed the latest news, the prop trading company has suffered a serious blow. My Forex Funds, a forex prop firm, is accused of illegally taking over $300 million in customer funds, according to recent court filings. This incident is a turning point in the history of proprietary trading and […]

MetaQuotes’ Move Shakes True Forex Funds: What Does It Mean for Traders?

true forex funds

It has come to light that Hungary-based online prop trading firm True Forex Funds has temporarily ceased operations following the termination of its MT4/MT5 trading platform licenses by MetaQuotes. This development marks the second disruption in the prop trading sector within a few months, echoing the shutdown of Canada’s My Forex Funds by US and […]

Navigating Turbulence: Funded Engineer ‘s Attempt at Resurgence After Critical Updates

funded engineer

In an unexpected twist, the Dubai-based proprietary trading firm, Funded Engineer, has recently weathered a storm, prompting a strategic quest for a new brokerage partner. Over the weekend, the company issued a series of pivotal updates, shedding light on disruptions caused by its primary technology provider, FPFX Technologies, and responding to allegations of a fraud […]

Funding Pips Throws the Trading World into Chaos with Unexpected Shutdown

funding pips

In a surprising turn of events, Funding Pips, once a thriving prop trading company, has jolted the trading community by abruptly closing its doors and suspending all trading services. Described as an “unexpected urgent maintenance,” this move has sent shockwaves through the industry, uncovering a series of interconnected events, with its exclusive partner, Blackbull Markets, […]

FTMO Announcement: How the Temporary Suspension Affects US Traders

ftmo

In a surprising turn of events, FTMO, a renowned trading platform, has made an announcement that may have significant negative implications for traders in the United States. As of January 2024, FTMO has temporarily suspended the purchase of FTMO Challenges for new and existing US clients due to specific market conditions. Let’s delve into the […]

TopTier Trader Prop Firm: TradeLocker Challenges Suspended?

toptier trader

TopTier Trader, a distinguished participant in the realm of prop firms, has recently announced a temporary suspension of TradeLocker challenges for purchases. In this in-depth analysis, we will delve into the nuanced details of this decision, examining the pivotal role of TradeLocker, understanding TopTier Trader’s unwavering commitment to transparency, and exploring the potential implications for […]

Enhancing Financial Literacy: Key Strategies for Investors

financial literacy

5 Tips You Need To Know To Pass a Prop Firm Challenge Mastering prop trading is a meticulous endeavor requiring strategic finesse. Not all traders successfully navigate its demanding criteria, underscoring the crucial role of a well-structured trading plan. Here are key guidelines to navigate this intricate landscape effectively:  a profound and comprehensive understanding of […]

Everything to Know About Prop Firms

Everything to know about prop firms

Prop firms are businesses that offer traders access to funds and trading platforms in exchange for a cut of the earnings. These companies have grown in popularity in recent years because they give traders access to large quantities of capital and allow them to trade with lower risk than they otherwise would. Working with a […]

Traders union conducted an independent research what is a prop trader

Traders Union has conducted an independent research study to uncover what prop traders are and the risks they face.

In proprietary trading, businesses trade financial products such as stocks, bonds, currencies, and commodities using their own capital rather than that of their customers. Private traders frequently examine market data and make trading decisions using highly complex algorithms and quantitative models. Proprietary traders need to be ready for the great future ahead as the financial […]