London Session: Essential Forex Market Insights

forex market

Everything you should know about the london session in the forex market In the bustling world of forex trading, understanding the dynamics of different trading sessions is paramount. Among the major trading sessions, the London session stands out as a pivotal time frame that significantly influences global currency markets. Traders worldwide keenly observe the London […]

Prop Trading Firms and the FX Market: What Are the Trends for 2024?

prop trading firms

In a proactive move signaling confidence in the financial markets, prop trading firms across the globe are gearing up for a substantial uptick in their foreign exchange (FX) trading activities and increased investment budgets in 2024. The catalyst for this development lies in the findings of the latest Acuiti Proprietary Trading Management Insight Report, unveiled […]

How Much Do Forex Day Traders Make?

day trading

The appeal of Forex day trading lies in its promise of substantial daily profits. However, accurately estimating these forex earnings requires a careful analysis of several factors. Picture a trader initiating their journey with a $1000 investment. By adhering to a disciplined approach, restricting themselves to no more than 3 trades a day and capping […]

Unlock Success: How to Become a Successful Prop Trader

prop trader

How To Become a Successful Prop Trader Despite a massive trading volume of more than $5 trillion every day, nearly 90% of FX traders lose money. The benefit of having a “low-risk gateway” to betting significant amounts of borrowed money often creates several opportunities for low-risk errors.  Above all else, every forex trader in the […]

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 […]

Unlocking Financial Success: A Deep Dive into OFP


Is OFP a serious company? Proprietary trading firms have become a popular route for traders looking for financial independence and business chances in the constantly changing world of finance. OFP stands out among the other prop trading opportunities as a model of excellence, providing budding traders with a special platform to polish their abilities and […]

My Forex Funds: Transitioning to OFP – A Comprehensive Guide

my forex funds

Recently, the My Forex Funds case, a prop firm that has recently faced closure due to legal complications, has caused a stir in the trading world. Let us begin with a brief overview: My Forex Funds, once a prominent name in the prop trading industry, has experienced a rather abrupt cessation due to allegations of […]

How to Avoid Scams in Prop Trading Firms

prop trading firms

  It is quite simple to fall for the lifestyle promoted by fictitious traders who assert that they can make five to six figures per month by trading for a few hours a day. While it is true that dealing with legitimate prop trading firms might help traders make money in that way, if investors […]

Why drawdown rules are essential for Prop Traders

drawdown rules

Most Forex prop companies have fairly severe daily and maximum drawdown rules. Even if they are successful traders when trading their own accounts, this results in traders routinely failing challenges. These drawdown restrictions are in place for a good reason because doing so will demonstrate the readiness to trade significant quantities of money. Fortunately, there […]