Forex Prop firm vs Personal High Leveraged Account

9 months and no answer, blimey. It's because account size = DD and you're currently treating the account as if the DD is always trailing which is shouldn't be, because in fact you're risking proportionately less and less in the first example, but not in the second. To compare like with like DD is your account size with an initial evaluaton % hurdle + profit split vs cost of your account. In all examples aside from v late on in the game you should get more on a 'prop' company (and we all know they're not really). Eventually of course the profit split will mean a personal account catches up but it's a good deal for getting capital.

As we all know, about 90 percent of the traders fail in the financial markets and lose their capital. In the case of these companies, these numbers should apply to the science of the Statistics So these companies have also come into this unilateral profit, and this is an excuse to attract people in the hope of a false success that is under 10 % of its possibility. If they are aimed at finding successful traders to manage large accounts, they can hold long term demo competitions or spend time in this forum or other Ferox sites and find their desired people. in my opinion, a dollar of income from your real account is much better than looking for these companies.

which prop firm is that???

The screenshot? E8 from memory

So I have been working on this. I was considering a PROP firm, no challenges just pay $200.00 trade with 6K. The problem is, you can only trade a maximum .1 lot per 2K in your account, so with 6k it is only a .3 lot size. True, you can drawdown 5% which is $300. But the max you can trade with is .3 lots or 30k of buying power. Then you have all the rules and 50/50 split of profits. Regardless, it you fail you loose your $300.

Now, with my personal account, I have 500:1 leverage. I deposit $300. So with my leverage I have 150k to trade with. My maximum lot size is 1.5 lot size. True that is 100% of my account but that is risk management and I would not use 100%. But I still can trade the same .3 lot as with the PROP account. It will cost me $60 in my personal account with my leverage and I keep 100% of the profits no rules.

Now, if you suck at trading, then either way you will either blow your account or lose the PROP account and lose the $300. But you can easily manage your risk on your personal account. My success rate is about 90%. I scalp and see no reason to PROP trade. With $1000 in my personal account I can trade with $500k have plenty of room to draw down although with scalping I don't draw down. I can make 100% profit in a week and keep 100%. It would take me 3 times as long to do that PROP trading.

Yes, PROP trading you have more drawdown, but not much more and you really can't trade with the balance you see in your account, it is not really money to trade with. At the end of the day, you only risk is what you have in your trading account and your TIME. Same for the PROP account. But, if you are day trading and have large swings and need that drawdown maybe PROP trading is better, but not for me.