Trading is a discipline which shouldn’t be rushed. Almost every successful trader preaches about patience and waiting for the perfect set-up. So why do prop firms implement time limits? In the past few months, many firms have relaxed their time limit rules and many are getting rid of them completely. In this post, I’m going…
I’ve recently had a great chat with the guys over at FXIFY. This firm looks to make a big entrance into the prop trading industry and has plenty of cool features (and more to come). March 2024 Update: It’s been over a year since we began working with FXIFY and so far we’ve had zero…
The ability to trade with TradingView disappeared from many prop firms a while back. Now it’s back! Tradelocker is a unique platform designed by the team behind FunderPro and offers traders the ability to trade their account directly from TradingView. Benefits of trading with TradingView and Tradelocker There are many reasons why traders might prefer…
The 5%ers have decided to release their take on the standard two-phase challenge. This challenge comes with a few unique features, however. For one, this account comes with a fixed monthly salary, after proving your ability. Here are the specifications given by the 5%ers: Specifications
As anyone who has used FTMO knows, this firm does not allow its traders to open or close trades within 2 minutes of certain news events. In this article, we will look at which news events are restricted and why FTMO has made this rule. What is the News Trading Rule at FTMO? In the…
When it comes to trading with a prop firm, there are a number of aspects to consider. One such aspect is the level of leverage the firm and its respective broker will offer the trader. Whilst many institutional-level traders will typically use very low leverage, those trading with prop firms or retail brokers usually prefer…
One important step to becoming a profitable prop firm trader is creating and implementing a complete trading plan. Whilst backtesting is also important, trading in real-time offers a range of benefits. Perhaps you have very little experience with trading and want to get some first-hand experience. It wouldn’t make sense to fork out hundreds of…
One of the great things about online prop trading is the ability to break into the trading industry without the need to risk thousands of dollars in capital. Nevertheless, many challenges can still be quite costly, especially for those in low-GDP countries. Therefore, the reason for this article is to highlight 5 great prop firm…
2022 Was a big year for the prop firm industry, seeing a record number of new prop firms popping up as well as previous ones growing rapidly. Conversely, there has been a number that have closed or been exposed as scams. Therefore, it’s more important than ever for traders to choose reputable and reliable firms….
