Prop Trading has become the hottest forex business model worldwide. To this end, we have customized related solutions for Prop Trading companies.
What is Prop Trading?
Prop Trading refers to proprietary trading, where companies set various challenges, offer traders the opportunity to purchase them, and select the best traders through these challenge tasks. Traders who excel in the challenges can trade with the firm's own capital without assuming risk and earn a performance commission.
What is the business process of a Prop Firm?
A Prop Firm provides various challenges for users to purchase; the prices of different challenges and the corresponding capital available for trading after successful completion vary, typically divided into beginner, intermediate, and master levels.
In these challenges, a Prop Firm may set different goals, such as profitability, trading days, trading volume, maximum drawdown, success rate, etc. Users who meet all the parameters are deemed successful in the challenge.
If a user fails a challenge, the business transaction ends, and the user can either repurchase the challenge or buy multiple challenges at the same time.
If a user is successful, the Prop Firm will trade based on the user's real account and share profits at an agreed ratio. Simultaneously, the Prop Firm can perform risk control on the user's trading behaviour; if the user triggers the risk control parameters, the account trading will be stopped, and the business transaction ends.
How does a Prop Firm make money?
A Prop Firm's profits come from two sources:
1. Challenge fees from customers who fail the challenge, typically ranging from $250 to $3500;
2. Profit-sharing from the real trading profits of customers who succeed in the challenge.
Why is the Prop Firm business popular?
It requires no regulation, is legal and compliant, and has no customer complaints.
Prop Firm Proprietary Trading Demo:
Username: demo321@prop.com
Password: Demo123456
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