Prop Trading has become the hottest foreign exchange business model worldwide. For this reason, we have customized solutions for Prop Trading companies.
What is Prop Trading?
Prop Trading involves firms using their own capital to trade. Through setting up various challenges, they offer traders the opportunity to participate, selecting the most outstanding traders based on the tasks. Those who excel in these challenges can trade using the firm’s capital without bearing any risk and earn performance-based commissions.
What is the business process of a Prop Firm?
Prop Firms offer various challenges for users to purchase. The price of different challenges and the funds available for trading upon successful completion vary, typically categorized into beginner, intermediate, expert, and master levels.
In these challenges, Prop Firms can set different goals, such as profit margins, trading days, trading volume, maximum drawdown, success rates, etc. A user who meets all the criteria succeeds in the challenge.
If a user fails the challenge, the process ends, and they can either repurchase the challenge or opt for multiple challenges at once.
If a user succeeds, the Prop Firm trades based on the user's real account and shares profits at an agreed ratio. At the same time, Prop Firms can control the risk of users' trading behavior; if a user triggers risk control parameters, the account trading stops, and the process ends.
How does a Prop Firm profit?
Prop Firms profit from two sources:
1. The challenge fees from users who fail, typically ranging from $250 to $3500 per challenge;
2. Sharing the real trading profits of users who succeeded in the challenge.
Why is the Prop Firm business model popular?
It is unregulated, compliant with laws and regulations, and free from customer complaints.
Prop Firm Trading Demo:
https://my-prop.leverate.com
Username: demo321@prop.com
Password: Demo123456
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