Overview As we move across the various aspects of starting and running a prop firm, this complete guide will take an in-depth look into what a prop firm is, how it works, and how you can start one after considering all the benefits it brings. After Covid-19 swept the financial markets and showed us we can be our own bosses through trading, forex, stocks, and ...
Forget about becoming a prop trader - have you considered launching your own prop trading firm? It’s easier than you think! When the forex industry was brought to its knees by the MetaTrader license shambles a new opportunity emerged from the rubble: prop trading. Many traders - even veterans with years of market experience under their belts, may be unaware ...
Overview cTrader and MetaTrader are two popular trading platforms used by millions of people worldwide. They are a go-to choice for both experienced traders and beginners that want to get into trading. On the one hand we have cTrader – a platform packed with charting tools, modernistic design, and in- depth functionalities. On the other – MetaTrader ...
cTrader Platform Overview Will September 2022 go down in the Fintech books of history as the day that forex chose cTrader? Perhaps, perhaps not. What is certain is that ever since Apple mysteriously dropped the MT4 and MT5 apps from the Apple store forex traders are looking for alternatives, with cTrader being the number 1 choice. And for good reason, cTrader ...
What happened: MetaTrader delisted from Apple App Store Without any prior notification or formal announcement, Apple removed the MetaTrader 4 and MetaTrader 5 online trading platforms from its App Store. That means iOS-based devices can no longer download the MT4 and MT5 apps from the official App Store. Although the reasons behind the move are not yet clear, ...
Ever thought about trading forex but didn’t want to risk losing your money? You should consider a trading demo contest. Forex demo competitions are an excellent way to dip your toes in the trading water before you invest your hard-earned dollars. The purpose of this article is to break down forex demo completions. How do they work, what are the advantages ...
Proprietary trading, or prop trading for short, is a specific type of trading that is associated with banks and other financial institutions. It has been gaining popularity among retail traders who are seeking to get funding from a broker. For that purpose, these brokers, called prop firms, allocate their own capital to traders who receive the funding into ...
Prop firms are the marmite of the trading world today. Traders see the evaluation process or funding challenges required by certain firms as impossibly difficult and not worth the sign-up fee. Many others see prop firms as a career path and point out the vast leverage, training courses, and structured environment as beneficial to independent traders. What ...
Funded trading is a unique opportunity for traders seeking leverage to begin trading without risking their capital. Of course, while there is no such thing as a free lunch nor do the accounts come funded without a cost: traders need to prove their worth. For a small entry fee, contestants have the chance to demonstrate their skills. For those traders whose ...
The funded account challenge is a trading contest in which the winners are rewarded with real money to trade online. Traders are challenged to prove their ability to earn consistent profits. Those who pass the test get funded with up to $200K in their account. There are three stages to the competition: the demo stage, the verification stage, and the funding ...
The financial world is a buzz with a new challenge revolutionizing the industry: funded accounts. Many brokers are launching contests rewarded with the chance to trade with up to a quarter of a million dollars – risk-free. If this sounds too good to be true, read on. The funded account challenge is a unique opportunity to demonstrate your trading abilities ...
Overview Trading and investing in the global financial markets are increasingly popular, especially in the new post-Covid reality. Retail investors brush shoulders with professional money managers as Wall Street expands and moves to the cloud. In other words, the game of high finance is no longer reserved for the upper echelon of investors. Instead, people ...
Leverage is oftentimes thrown around without actually understanding what’s behind it. If you’ve ever set foot in the financial markets, you have already experienced what leverage does to your trading performance. If it hasn’t been particularly good, worry not. Once you get how leverage works, your trading will skyrocket to better and bigger profits. This ...
Having been in the markets for over 10 years, I’ve come to know what to look for and what to avoid in the broker industry. And if you have the proper knowledge of a trading services company and its offerings, you can easily decide whether you want to put your money in or not. Recently, I’ve been hearing more about the so-called proprietary trading firms, or ...
If you are either new to trading or looking for exciting opportunities of a more seasoned trader ready to take your next big step and maximize your profits and rewards for your trading skills and acumen, then access to a funded trading account and the massive capital it puts to your disposal may perhaps be your way forward. The problem is that most such ...
The Covid 19 pandemic and its severe impact on world economies and the financial situation of individuals across the globe have brought to the fore more than ever the realization that it is hard for people to survive depending on just a single source of income. What the crisis has highlighted is that ideally, individuals need to seek out opportunities that are ...
The MT4, is by far the most popular trading platform and the go-to platform, especially for small-scale, retail traders. This is attributed to the platform’s ease of use, the fact that it is widely adopted among brokers, as well as to its numerous incorporated added features, which greatly enhance the trading experience of traders. To help interested ...
When attempting to successfully trade in the forex market, the largest and most lucrative market in the world, dedicated forex trading tools are as indispensable and essential as is a pipe wrench for a plumber. In other words, without access to the right set of tools, your efforts are doomed to fail and highly likely to create more problems than they can ...
True to our promise to keep offering insightful information, advice, and tips for existing but also aspiring forex online traders, this present post deals with the topic of ECN brokers, explaining what they are and examining whether and how trading through such brokers may be beneficial towards the trading endeavors and success chances of traders. Why choosing ...
Forex trading has been and continues to be hugely popular mostly because existing, as well as aspiring traders, are well aware that it can be both exciting and greatly rewarding if done rightly. However, getting it right and taming and mastering the foreign currency trading secrets is not a ride in the park. To aid and reward their trading efforts, all traders, ...