Proprietary trading

I have been following Darwinex.com quite closely past six months and it looks interesting and promising way for a good trader to attract fresh capital from outside investors. Compared to more traditional proprietary trading companies there is a few downsides.
-The payout ratio from profits made is quite low (only 20%).
-They pay traders share of profit out quarterly, not monthly.
-It seems that they have not been able to attract new money form investors for a while.

Now I am interested to hear any comments form traders who are trading with proprietary trading firms. What do you like them and what not. Also comments from any traders with Darwinex are welcome. What interest me mostly is that is it really possible to make a living with any proprietary trading firm assuming that you have a steady and good track record.

Comments please!

Trading with prop trading firms should be done remotely. In other words, you should trade from your own computers and from your own office. That's easy, it require a small investment but it will protect you in the long term. Why ? Because we talk about money and for money peoples will steal and kill. If you trade in the prop trading firm office they will monitorize you and will learn the way you look at market and how you find your entries. Excuse me, but if you think they will keep you working for them when they will learn the way you trade, you are naive then. Once they learn, they will kick you from their office. The logic is simple : why should them pay you 20% of earnings when they can keep 100% for them ? . Rich peoples are mafia. Almost every rich man did something against the law to become rich. Almost, not all, but almost. That mean majority. It is more good to trade for yourself than to trade for prop trading firm.

You can work hard for 6-12 months in a country where wages are high. Then you can return home and with these money you can open an account and start trading for a living. But don't make the mistake to expose your profitable strategy in public. At least, trade remotely. They will try "decrypt" your entries but it will be very hard . That assure you that you will be payed in the time they will spend to learn your entries . At least you made some money.

There are a lot of peoples who sustain there is no trading secrets. Excuse me, but aren't these peoples those who do not make money by trading but by selling "courses" to naives?

Interesting comments. I agree that best way to do it is to trade at home, at least at the beginning. Like you said it doesn't require any investments and gives some liberties which are not possible when trading in office.

However I do disagree with your comment about monitoring trades. It is possible that some companies do that in purpose that they like to get kick you out later. The way I see it however is that good prop company exactly needs to monitor your trades and try to improve your trading. If they do that and traders succeeds it is a benefit of both, prop company and trader. I also think that there is more to win for prop company if they are able to hire successful traders and keep them onboard. In the end, they provide the capital and the trader who works for prop company receives a good piece of profits. So there is really not much to lose.

Totally different story it is if you have to first purchase expensive course or something like that. Then I would be extremely cautious.

More opinions and comments, please.

I am curious about this also, so I will follow this. I just started researching prop firm options.

THX

I am also new to prop trading. Trying out different options on their demo trading. But looking for one who shares great profit. I am pretty irritated by how they charge a lot as they offer big spreads, and it happens when you try and fail and try again and pass the assessment phases. I wish any prop firm would share profit from the assessment phase. Heard some but cant trust.

Hello, im interested on taking the MFF evaluation. i wanna ask if the 5 trading day means i have to place a new trade or a trade that last for few days would count as day traded?

This is the thread you wanna ask that question.

https://www.forexfactory.com/thread/...-prop-firm-hub

Thank you. My question was answered already but im gonna use that thread instead for my future prop firm questions as well.

OK broker but thats it.

For funding look elsewhere, they don't pay you on your performance only THEIR interpretation of it which turns out to be total BS.

Don't waste your time with them.