Introducing the prop trading firm that offers 90% of the profit to traders
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Lack of capital is no longer an obstacle for capable traders. There is a type of trading in which prop firms fund talented traders with their needed capital to trade on their behalf.
But how to find the best prop trading firm among all the existing options? We aim to help you on this path and provide helpful information about your best option.
As we said, Many companies fund traders with strong strategies, making it challenging to find the best option.
Get ready to discover one of the top prop trading firms in the market.
What is Prop Trading in Simple Terms?
Prop trading, short for proprietary trading, is a type of trading in which a financial institution provides the required capital for initiating the trading process.
Unlike the more traditional approaches that banks and other financial firms take, in prop trading, the company uses its own money for trading instead of utilizing its clients’ investments.
In simple terms, companies hire talented traders with proven profitable strategies and provide them with the capital to enhance their earnings. Sounds easy, doesn’t it?
Prop trading is especially suitable for those traders who are capable but in shortage of money and facing financial troubles.
As you may understand by now, there are two sides to each prop trading program:
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Prop Trader
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Prop Firm
Assuming you are the trader, here we are going to introduce one of the best prop firms offering capital to you.
No matter which market you’re willing to conduct transactions in, Propiy will provide you with the essential tools and needed money to start making a profit.
Although there are some tests you must pass, Propiy offers one of the most effortless procedures for qualified traders to get accepted and initiate trading shortly after.
Let’s narrow down and answer this question: why is Propiy the best option for all traders looking for capital?
What Makes Propiy The Best Prop Firm?
There are a bunch of reasons that make Propiy the best choice for traders.
We’ve dedicated this section to a more in-depth discussion of these reasons. Stay tuned. The first cause is about profit split!
Traders Get the Lion’s Share of Profits
If you’re wondering what will happen to the generated yield, the profit will be split as two sides partner up in such programs.
Various firms have different split rules! Most companies’ most common approach is sharing the profit equally between both sides. The firm gets 50% of the share, and the trader will get 50% too!
However, in certain cases, firms may offer different profit-sharing arrangements.
Here you can determine Propiy’s most significant advantage point for traders.
Surprisingly, Propiy offers 90% of the generated profit to the trader who bought and sold at the right time and could make that profit. No other prop trading firm shares profits in this manner except for Propiy.
Hence, this becomes one of the most compelling reasons to choose Propiy as your trading partner.
Propiy Offers The Most Straightforward Method For Traders To Get Accepted
All the prop firms have a qualification process to ensure that traders opting for the program are capable enough and have a profitable strategy.
Although the qualification processes of some firms can be confusing and problematic for traders, Propiy has designed a straightforward approach to helping traders show their skills. It’s called the two-phase challenge.
In the first phase, the trader has 30 days to achieve determined goals. In the second phase, the duration extends to 60 days. Whenever the trader fulfills goals in the determined duration, they will get accepted and can start trading with real money.
Also, there is another method for those who are not patient enough!
Jetjump: The Express Path for Those Eager to Get Started
Are you confident in your proven profitable strategy? Do you feel that the two-phase challenge isn’t suitable for you?
Propiy has designed a method for capable and confident traders to get in the game quickly.
This fast route, which is called Jetjump, eliminates the need to pass the two-phase challenge, and the suitable candidate can start trading with real money immediately. When a trader opts for this approach, they can submit a withdrawal request after only 5 days if the account maintains a positive balance.
It’s important to note that traders who choose this approach will receive 50% of the profit, which is slightly less than what they would earn after successfully completing the two-phase challenge.
Conclusion
Among the prop firms that offer capital to prospective traders, Propiy stands out as the top choice due to its generous profit-sharing and straightforward acceptance process.
Furthermore, there is an approach that takes place for capable traders eager to begin trading in diverse markets without going through the two-phase challenge called Jetjump.