Trading with prop firm

Started by FrancescaWeber, Jul 20, 2023, 06:01 PM

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FrancescaWeber

The main value of an prop firm is that your interests really coincide with their interests, and your success is their success. This is because an prop firm makes money by receiving a percentage of the profit of a profitable trader, rather than charging a commission.

In an prop firm, you are trading the company's money, not your own. This means that, unlike a broker with leverage, you will have unlimited trading capital and you will be able to withdraw all your winnings at the end of each month. You don't need to reinvest your winnings to trade on the same or a larger account.

deidgoogguy

Prop firms do have their advantages, but in fact their main source of income is tests, but I know that many FTMO traders succeed.

unavaughan

Trading with a prop firm can indeed have its advantages. It's awesome how your interests align with theirs, and when you succeed, they succeed too. That's a win-win situation! Plus, trading with the company's money instead of your own gives you access to unlimited trading capital. Talk about leveling up your game! And here's the cherry on top: at the end of each month, you can withdraw all your winnings without any hassle.
Also, explore prop trading firm routing optiions. It's worth considering different firms and their routing strategies. If you're interested in learning more, exploring these routing options is the way.