Advantages Prop Trading 2.0
A prop trader is a person who uses the resources of another firm to invest or trade in various assets (Forex, Futures).
The prop firm gets people to sign up as traders and then provides them with liquidity. The firm mainly makes money from the profits their traders generate.
The prop firm sells a trading challenge to a trader for a fee. If the trader passes the challenge and gets a funded account, this fee is refunded.
We believe PropTrading can be a good step in a traders training/career before tapping 100% of their own capital.
You don’t need a lot of money to get started and your own risk remains limited.
The profit split is 70% for the trader and 30% for The Trading Pit.
Many prop companies are mainly looking for expertise. If you can demonstrate results in a demo account, “The Trading Pit” will fund you.
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