What is the best prop firm trading in your opinion?

You gamble in a casino and when you make money casino loses money, is the casino legal in US ?
And a prop firm does not always bet against traders.
If a trader proves he is a winning trader, the prop firm can change to follow his trades.
You have a lot to learn before you are knowledgeable enough to choose a good prop firm. All the prop firms mentioned on this thread so far are garbages .
Myforexfunds is the best prop firm . But to know why, you need some education.
We are talking about games. It's different.
What prop trading firms are doing is closer to the B Book and is illegal in the eyes of the SEC.
 
Prop firms know the statistics. If 95% of traders lose money, add the trailing DD and it's more like 99.5%.

Your better off just depositing $2000 and trade micros rather then losing more from fees & resets. At least, if you bust you won't feel like you got bilked.
 
Last edited:
wow. I just read that apextraderfunding.com gives access to demo accounts to traders who have passed the tests.
So that is to say that if the funded trader makes money and asks for pensions, apex loses money?
How can such a business be legal in the United States?
They play the odds just like the casino and insurance companies. There is no law against it. But most prop firms would probably put you on a live account if you're that 1%. They also have news rules so terrible traders cannot yolo the CPI/PMI numbers.

If they don't put you on a live account ever there is probably only one reason. They're new and don't have enough startup to put everyone on a funded account. At least not until they made a crapload off fees & resets.

You need like hundreds of millions in capital to be able to fund everyone who passes their evaluations and move on to a live account.
 
Last edited:
They play the odds just like the casino and insurance companies. There is no law against it. But most prop firms would probably put you on a live account if you're that 1%. They also have news rules so terrible traders cannot yolo the CPI/PMI numbers.

If they don't put you on a live account ever there is probably only one reason. They're new and don't have enough startup to put everyone on a funded account. At least not until they made a crapload off fees & resets.

You need like hundreds of millions in capital to be able to fund everyone who passes their evaluations and move on to a live account.
Your comment is smart.
Thank you
 
Back
Top