Can someone give a good funded prop firm with less flexible condition?
person
brightness_auto
5 Answers
Finding a good proprietary trading (prop) firm can be a crucial decision for traders looking to leverage their skills and capital. Here are some factors to consider when evaluating a prop firm:
1. **Regulation and Legitimacy:** Ensure the prop firm is regulated by the appropriate financial authorities in your region. Regulation provides a level of security and oversight.
2. **Profit Sharing Model:** Understand the profit-sharing arrangement. Some prop firms offer high-profit splits, while others may provide more capital but with a lower percentage of profits to the trader.
3. **Capital Allocation:** Assess the amount of capital the firm is willing to allocate to traders. This can vary significantly among firms.
4. **Trading Tools and Platforms:** Evaluate the trading platforms and tools offered. A robust and user-friendly platform is essential.
5. **Risk Management and Support:** Look for a firm that has strong risk management procedures in place and offers trader support and mentoring.
6. **Fees and Costs:** Understand any fees or costs associated with trading at the firm, such as desk fees or software costs.
7. **Performance Requirements:** Be aware of any trading performance targets or requirements set by the firm.
8. **Reputation and Reviews:** Research the firm's reputation, read reviews, and seek feedback from current or former traders.
9. **Location:** Consider whether you need a physical location or if remote trading is an option.
10. **Trading Focus:** Some firms specialize in specific asset classes or trading strategies, so find one that aligns with your interests and skills.
Remember that the "best" prop firm can vary greatly depending on your individual goals and trading style. It's important to thoroughly research and possibly even try out a few firms to find the one that's the best fit for you.
1. **Regulation and Legitimacy:** Ensure the prop firm is regulated by the appropriate financial authorities in your region. Regulation provides a level of security and oversight.
2. **Profit Sharing Model:** Understand the profit-sharing arrangement. Some prop firms offer high-profit splits, while others may provide more capital but with a lower percentage of profits to the trader.
3. **Capital Allocation:** Assess the amount of capital the firm is willing to allocate to traders. This can vary significantly among firms.
4. **Trading Tools and Platforms:** Evaluate the trading platforms and tools offered. A robust and user-friendly platform is essential.
5. **Risk Management and Support:** Look for a firm that has strong risk management procedures in place and offers trader support and mentoring.
6. **Fees and Costs:** Understand any fees or costs associated with trading at the firm, such as desk fees or software costs.
7. **Performance Requirements:** Be aware of any trading performance targets or requirements set by the firm.
8. **Reputation and Reviews:** Research the firm's reputation, read reviews, and seek feedback from current or former traders.
9. **Location:** Consider whether you need a physical location or if remote trading is an option.
10. **Trading Focus:** Some firms specialize in specific asset classes or trading strategies, so find one that aligns with your interests and skills.
Remember that the "best" prop firm can vary greatly depending on your individual goals and trading style. It's important to thoroughly research and possibly even try out a few firms to find the one that's the best fit for you.
FundedNext: 85% maximum daily drawdown, 5% profit split, and a $100,000 challenge
TopTier Trading: 50% Daily Maximum Drawdown, 70% Profit Split, $50K Challenge
Earn2Trade: 50% daily maximum drawdown, 70% profit split, $50K challenge
MyFundedFuture: 50% daily maximum drawdown, 80% profit split, and a $50K challenge
Apex Trading Group: 10% maximum daily drawdown, 80% profit split, $100K challenge
I hope this is useful.
TopTier Trading: 50% Daily Maximum Drawdown, 70% Profit Split, $50K Challenge
Earn2Trade: 50% daily maximum drawdown, 70% profit split, $50K challenge
MyFundedFuture: 50% daily maximum drawdown, 80% profit split, and a $50K challenge
Apex Trading Group: 10% maximum daily drawdown, 80% profit split, $100K challenge
I hope this is useful.
When considering a proprietary trading (prop) firm, it's crucial to examine various factors. Start by checking the firm's regulation and legitimacy. Then, understand the profit-sharing model and assess the allocated capital. Evaluate the available trading tools and platforms, prioritizing user-friendliness and reliability. Look for robust risk management procedures and accessible trader support. Be aware of any associated fees, including desk fees and software costs. Finally, understand the trading performance targets or requirements set by the firm to make an informed decision.
Picking a prop exchanging firm (restrictive exchanging firm) is a significant choice, and it ought to be founded on your exchanging objectives, inclinations, and an expected level of effort. The following are a couple of notable prop exchanging firms to consider: 1. **Jane Street:** Jane Road is a main worldwide prop exchanging firm known for its mastery in quantitative exchanging. They work in electronic exchanging and have workplaces different urban areas around the world. 2. **SIG (Susquehanna Worldwide Group):** SIG is a conspicuous choices exchanging and market-production firm. They offer a scope of exchanging potential open doors and have workplaces the US and different areas. 3. **DRW (DRW Exchanging Group):** DRW is a differentiated exchanging firm with an emphasis on innovation and quantitative exchanging. They have a worldwide presence and deal different exchanging jobs. 4. **Optiver:** Optiver is a market-creator and exclusive exchanging firm practicing choices and fates exchanging. They have serious areas of strength for an in Europe and the U.S. 5. **Flow Traders:** Stream Dealers is an European-based prop exchanging firm known for its mastery in high-recurrence exchanging and market making. 6. **IMC Monetary Markets:** IMC is a worldwide market producer and restrictive exchanging firm that works in exchanging many monetary instruments. While considering a prop exchanging firm, it's fundamental for research each company's exchanging procedures, culture, and accessible open doors. Furthermore, consider factors like area, remuneration structure, and the company's history. Make certain to understand surveys, look for exhortation from experienced dealers, and cautiously survey the agreements of any arrangement prior to joining a prop exchanging firm.
One reputable prop firm is Jane Street, known for its quantitative trading strategies and technology-driven approach to trading. Another well-regarded option is Susquehanna International Group (SIG), which is known for its options and ETF trading expertise. Finally, DRW Trading Group is recognized for its strong presence in the energy markets and operates as a proprietary trading firm.