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Forex Prop Firms

  • #21
  • Oct 20, 2021 3:17pm Oct 20, 2021 3:17pm
Quoting moodybot
{quote} Might be worth allowing for the challenge fee that gets returned after verification.
Yes, I mean I have never said they are not paying or anything else, I have just explained a business Model, For some it may works, so no offense.
  • #22
  • Oct 20, 2021 11:39pm Oct 20, 2021 11:39pm
Quoting Tradelevels
{quote} Bro, trolling is not in my nature, I have just wrote detailed in depth reality, Not forced anyone to by my version, Its up to you But the fact will not change, the prop firm model is a hard to understand by normal traders who have never associated directly with brokerage or run brokerage them selves
1) I am not your Bro.
2) What financial brokers are and do is public information. Although the retail trader needs them to access the financial markets, they are definitely not partnering with the retail trader. The more the retail trader lose the better for them. Since retail trading represents less than 5% of the forex turnover, neither the interbank system nor the government money policy maestros are concerned with the retail trader. The broker is the component of the smart money system the retail trader must be concerned with.
3) In general, Prop firms are not brokers, they use brokers. A couple of exceptions may exist. Their business model is make money from subscribers that are not competent enough to reach targets or that break rules. Many of those firms are unscrupulous as well, this is well known. However, many subscribers report being paid when they succeed.

Nobody is concerned with whatever experience you have in a brokerage firm. It is all public information, and most likely many outsiders know better what is going on than the insiders themselves.
Follow your guts, if you want to lose your money...
  • #23
  • Last Post: Nov 28, 2021 6:30am Nov 28, 2021 6:30am
Quoting JotaP
{quote} 1) I am not your Bro. 2) What financial brokers are and do is public information. Although the retail trader needs them to access the financial markets, they are definitely not partnering with the retail trader. The more the retail trader lose the better for them. Since retail trading represents less than 5% of the forex turnover, neither the interbank system nor the government money policy maestros are concerned with the retail trader. The broker is the component of the smart money system the retail trader must be concerned with. 3) In...
Tradelevels aka Trader Roy demonizes prop firms, except for the fact he himself is running a scammy prop firm. https://www.forexfactory.com/thread/...7#post13803567

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