The Main Differences Between Demo Accounts and Live Accounts

demo trading accounts

Demo trading accounts and live accounts are fundamental for any trading platform. There is no broker without one of these two. Let’s start by explaining what demo trading accounts are. Brokers and prop firms provide demo accounts, which are simulated accounts. They let people practice trading skills using fake money. They are employed by prop […]

How to Avoid Scams in Prop Trading Firms

Avoid Scams In Prop Trading Firms

Picture this: You’re scrolling through Instagram, and there it is—another post from a guy sitting on a yacht, sipping champagne, claiming he made six figures last month trading just a few hours a day. He’s got a caption that reads, “Join XYZ Prop Firm today and live the life of your dreams!” Sounds tempting, right? […]

FTMO Trading Account: The Ultimate Path to Financial Freedom (Or Not)

OFP VS FTMO

Welcome, dear traders, to an unorthodox yet insightful exploration of the FTMO trading account, an endeavor that promises to revolutionize your financial future. But, like all things in life, there’s more than meets the eye. In this article, we’ll delve into the world of FTMO, where dreams of success collide with the cold realities of […]

How to Open a Trading Account and find out Which one is Right for You

OFP Trading Account

The first important step in order to open an investment account a trader needs to make is choosing an online broker. A brokerage account is an account a trader can use to purchase and hold investments, such as stocks, bonds, currencies, exchange traded funds (ETFs) and mutual funds. When opening a trading account with a […]

Introducing OFP’s Trading Dashboard: 5 Powerful Features to Enhance Your Trading Experience

Design sem nome 1

In the fast-paced world of trading, having access to comprehensive and real-time data is crucial for making informed decisions. OFP Funding, a premier proprietary trading firm, understands the importance of providing traders with cutting-edge tools. With the launch of their new trading dashboard, OFP is revolutionizing the way traders interact with the markets. Let’s delve […]

Is MetaTrader 5 used by prop firms?

Is MetaTrader 5 used by prop firms

For the modern trader who wants to improve their trading experience using a variety of strong and useful new features as well as extremely useful trading tools and resources, MT5 is the ideal multi-asset platform. Prop firms also adopted this new trading platform originated from metaquotes. A great benefit of MT5 is the technology behind […]

How can I use MT4 in prop trading?

metatrader 4 How can I use MT4 in prop trading

An explanation of how to access and use Meta trader 4 with any prop business is provided here: Buy an account: Traders will first need to purchase an evaluation account in order to use any prop firm’s metatrader 4 product. Once they have completed that, the prop firm assistance will send them an email with […]

How to know that my broker is doing proprietary trading or not

How to know that my broker is doing proprietary trading or not

Proprietary trading brokers are financial entities which conduct proprietary trading business practices. A broker is a business that stands between a potential investor and a securities exchange. Individual traders and investors require the services of exchange members since securities exchanges only accept orders from people or companies who are members of that exchange. Brokers offer […]