Funded Trader
We can’t stress this difference enough – 100% of the funds to be traded in a proprietary trading fund are provided by the firm. In contrast to forex trading brokers which require funds to come from traders, prop firms offer all of the capital.
Trading with Professional Risk Management
Traders who trade with forex trading brokers are responsible for their own trading plans and strategies. This means that traders who may not have developed solid plans will be at the mercy of their preparation. While trading for a prop trading fund, this is not the case. If you trade with a funded account, your trading strategy is based on the rules setup by the firm. The framework that prop traders trade under is simply more solid and secure than if they were responsible for it themselves.

Reputation
Several online proprietary trading firms have great reputations. Dozens of successful traders have gone through their ranks and confirmed the positive aspects of their business. Firms like The 5%ers, FTMO, and TOP STEP are all great alternatives to trading without the hassle of forex trading brokers. The distinction between good and bad is not as clear when it comes to finding reputable forex trading brokers. The market is saturated with sub par players and it can be quite difficult to know which are good.
Prop trading funds will do this work for you, they have the experience and the business relationship needed to work with reliable and regulated brokers.
Partnership
The relationship between traders and the firm they trade with is a partnership. If the trader does well, so does the prop firm. This gives firms an incentive to help traders, to nurture their talents, and push them to succeed.
If you trade with forex retails brokers, the broker only cares if you open many positions because it means you’ll keep pumping your own money into their brokerage house.
Funded Trading – Bottom Line
If you want the freedom to trade when and where you want with an account size that would be unthinkable with your own capital, a remote proprietary trading fund might be perfect for you. However, it’s not easy to get in and only the most talented traders are accepted into funds. When you decide it’s a good option for you, study hard and prepare well for your evaluation. If you can make it in, the potential is almost limitless.
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