Introduction A prop firm is a company that provides traders (i.e. people who trade in financial markets) with the necessary capital, tools and resources to trade at their own risk (i.e. with the company’s own money), as opposed to trading on behalf of clients. Profits from the trades are usually divided between the trader and the company, with the latter receiving a percentage of the profits. Prop companies usually have specific trading strategies and may specialize in particular markets or instruments. They can also provide training and mentoring programs for new traders to develop their skills and improve their profitability. Advantages of Trading at a Prop Firm One of the […]
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