Build Your Career Path As a Proprietary Trader
Somewhere in the mid-70s to early 80s, a new type of trading emerged. During this period, many individual traders couldn’t get enough funding or liquidity in order to trade high volumes on their own.
In response to the demand of traders, US companies began renting some of their floor space to skillful traders, effectively making them part of the trading division within the firm.
The arrangement was a resounding success. The traders would invest a portion of the trading portfolio and the fund would give the trader more and more capital as long as the trader continued to show potential and skill.
Today any Forex trader who wants to increase profit potential could get funds from a proprietary firm.
The trader will have to pass an evaluation to show his or her abilities, each company has its own requirement and its conditions for test success.
Whether you are a full-time or part-time trader, the prop firms give you the opportunity to make a living from trading Forex. Some firms even have a growth program in which if a trader meets certain conditions, he or she will double the fund or even triple it. Here you can see The5ers growth program.
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Somewhere in the mid-70s to early 80s, a new type of trading emerged. During this period, many individual traders couldn’t get enough funding or liquidity in order to trade high volumes on their own.
In response to the demand of traders, US companies began renting some of their floor space to skillful traders, effectively making them part of the trading division within the firm.
The arrangement was a resounding success. The traders would invest a portion of the trading portfolio and the fund would give the trader more and more capital as long as the trader continued to show potential and skill.
Today any Forex trader who wants to increase profit potential could get funds from a proprietary firm.
The trader will have to pass an evaluation to show his or her abilities, each company has its own requirement and its conditions for test success.
Whether you are a full-time or part-time trader, the prop firms give you the opportunity to make a living from trading Forex. Some firms even have a growth program in which if a trader meets certain conditions, he or she will double the fund or even triple it. Here you can see The5ers growth program.
Read More
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