Forex Prop Articles

With the advancements in technology, Forex trading is becoming increasingly popular all over the world. There are fewer and fewer barriers to entry. Many brokers even open accounts without initial deposit requirements and offer high leverage to their clients. In addition, registration and account opening is fully digital and typically takes a couple of days. […]

There are countless ways to make money in the market. Some financial institutions manage investors’ capital, while others use their own funds to profit. Proprietary (prop) trading firms use their own capital and hire talented traders to increase their investments. Reliance on other traders is always risky. Market conditions can change and profitable traders may […]

MetaTrader 4 (MT4) is by far the most popular trading platform among Forex traders worldwide. There are reasons why this is the case: MT4 has been around for years as an early trading platform since 2005. It offers all the features needed for financial trading including advanced charting tools, technical tools and indicators, autonomous trading […]

Among the popular trading platform software widely used in Forex trading cTrader has solidified its place over the years. Many traders love using it for its advanced functionality and rich features allowing traders to analyze markets and use autonomous trading algorithms called cBots. Despite its popularity, few Forex prop firms offer this advanced platform to […]

Prop firms or proprietary firms are financial institutions that enable individuals to trade financial instruments with the firm’s money, aiming to make a profit. They often provide traders access to their trading capital, technology, and resources. Many prop firms started offering what’s called a free trial. After a brief intro about critical points, we will […]

To become profitable in financial trading, it is a must to be patient and wait for your pattern to form on the price chart. Without having sufficient discipline, and patience is extremely difficult. In fact, the majority of traders lose money because they are quickly bored staring at charts and open positions solely out of […]

Expert Advisors or EAs are automated trading robots on the MetaTrader 4 and MetaTrader 5 platforms. Some prop firms restrict using EAs while some allow and even offer support to algorithmic traders. Traders who want to automate trading processes and who also want to start funded trading should check if their firm allows EAs or […]

Forex prop firms have certain rules and limits such as daily loss limit, maximum drawdown, and trading days. Risk limit rules are typically more important than trading days, but some firms prefer to additionally check traders for consistency. Some Forex prop trading firms offer funded accounts with zero trading days or without trading day restrictions, […]

Prop firms offer trading rules on their website, usually under each funded account option. However, some rules may not be displayed on the accounts page and require traders to dig deeper to find them. These rules also known as hidden rules can make a difference in a trader’s life when overlooked. Hidden rules are often […]

Forex prop firms allow traders to trade on their behalf using the firm’s capital and share profits. Lately, this financial trading sector has become immensely popular, as many traders see it as the possibility to trade large accounts without having to invest their money. While many reliable firms are operating in this space, there are […]