We do not disclose our statistics unless there is a reason to do so
I can confirm, without doubt that your statement is incorrect. I am unsure how you would come up with these numbers unless it was just completely random.
Part of our sign up fees do go to payouts for our Elite Traders. This is actually the standard for the online prop industry in all companies so I recommend doing a bit more research.
I am gonna educate you a little bit about the standard in the REAL prop industry :
here are some examples of real prop firms :
ttps://propex.com.au/sites/all/themes/propex2/files/getting_started_in_proprietry_trading.pdf
https://www.optiver.com/insights/blog/how-we-hire-at-optiver/
https://www.nyenburgh.com/proprietary-trading/
NONE of those firms require you to pay ANY fee , if you pass the HARD selection , they will train you , put you on the simulator..after you proven yourself to trade profitable and consistently on demo you can go live and trade firms capital .
profits that traders make are paid from company capital ONLY beacuse fees to join don’t exist
Remote trading is only possible after you have proven yourself in actual trading on site .
A lot of the real prop firms have disapperead because a lot of trading became automated , much less discretionary trading .
This fact has given the rise to “prop” firms like yours and so many others .
These days you find a “prop” shop on almost every corner of the street , thanks to the use of MLM through referral fees
GOLDSaxio
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