Trading firms

The 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; […]

Another Forex Prop Firm Bites The Dust, Meet Fortunes Funding

Fortunes Funding was a prop firm that specialized in evaluating experienced traders and funding traders upon their completion of the 2-phase evaluation process (challenge). Traders who successfully completed the evaluation process got the chance to join Fortunes Funding’s prop trading firm to manage funds and grow their accounts from the comfort of their home. Traders […]

Skilled Funded Traders Shuts Down Same Day as The Funded Trader

It happened again! What is going on with prop firms these days? Recently we have reported that the prop firm “The Funded Trader” has stopped its operations, and now we regret to inform you that it happened again. A proprietary firm that goes by the name Skilled Funded Traders have also closed their doors. […]

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

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 […]

FundedNext vs OFP, A Profit Share Showdown

Introducing FundedNext, where a captivating dance between challenges and profit sharing takes center stage… At the expense of traders. Let’s get to know their intriguing challenges: Evaluation, Express, and Stellar, each a puzzle in its own. And let’s not forget the 15% profit share, a figure that has certainly raised some eyebrows. FundedNext’s Challenge Chronicles […]

The Trading Benefits with a Prop Firm

Prop firm trading is growing more and more well-liked among both beginning and seasoned Forex traders. Prop firms are businesses that give traders access to capital so they can trade on the businesses’ behalf. Naturally, a business wouldn’t offer money to someone just to lose them entirely. There are rare outliers, but the vast majority […]

FUNDED NEXT VS. OFP FUNDING

Funded next vs. OFP Funding Funded next is a new-comer prop firm in the game, which offers challenge model accounts and instant accounts called “express model” which differ a lot from the OFP funding ones. Let’s dive into the account type offered: evaluation express evaluation is a 2-stage challenge model where after passing the challenge […]

What is the Average Prop Firm Traders Salary?

At the starting level, prop firm traders generally receive a salary over $80,000. In the intermediate range, there are also more experienced traders making over $102,000. Those who are highly skilled or lifetime traders can earn more than $165,000 annually. These are the wages received by persons employed in the prop industry. Since there […]

Do Prop Trading Firms use technical analysis?

Internet prop firms and prop trading firms are not the same entity. In general, Prop businesses will utilize any trading advantage they can to increase their profits. The traders at Internet Prop Firms are free to conduct their own research, hold positions, and execute trades before being copied by the firm. They will profit from […]

What are the best Prop Trading Firms ?

Comparing the best prop trading firms should primarily focus on profit splits, total or maximum funding available, financial assets traded, risk desk review process and duration, speed at which accounts are promoted to funding levels, maximum funding, maximum loss, and objectives set before promoting accounts. Some offer incentives, trial accounts, fast funding, and up to […]