What is propfirm! 🗣️
A proprietary trading firm (prop firm) is a financial institution that provides traders with capital to trade financial markets (forex, stocks, crypto) in exchange for a share of the profits, typically ranging from 50% to 90%. Traders must pass a, usually paid, evaluation "challenge" to prove skills before managing firm funds.
A proprietary trading firm (prop firm) is a financial institution that provides traders with capital to trade financial markets (forex, stocks, crypto) in exchange for a share of the profits, typically ranging from 50% to 90%. Traders must pass a, usually paid, evaluation "challenge" to prove skills before managing firm funds.
·
1
