Learn the strategies to consistent and profitable (forex) prop trading.
Forex market hours refer to the specific times when participants can trade currencies globally. These hours are divided into sessions based on major financial centers (Tokyo, London, New York, Sydney). Global Forex Trading Sessions Regions Major forex trading sessions Hours / Time – ET Hours / Time – GMT Europe London 3 am – 12...
A trading robot/bot is a software or app developed to carry out trading activities on behalf of a trader. It is used for market data analysis; to spot potential opportunities, and execute trades according to its pre-set/programmed instructions. All without a trader’s intervention. In forex, they are referred to as Expert Advisors (EAs). Let’s discuss the drawbacks of...
In this interview, funded trader Slavomir shares the actions he took to move from a beginner prop trader to a profitable and successful one: 1. Hello, can you please tell us a little about yourself My name is Slavomir. I’m from Slovakia. I have been trading for approximately three years now. In the beginning, I was very interested and captivated...
Most prop firms make money through the following business models: the profit-split strategy, copy trading, and failed challenge account fees. 1. Profit-Split Model This is the primary source of income for proprietary trading companies. In this revenue model, they take a percentage or cut from a profitable trader’s earnings each time a withdrawal is made from the funded...
In this interview, our funded trader (Lucia) takes us on her journey from amateur to success, pointing out the key adjustments she made. Let’s hear from her: Lucia, please tell us a little about yourself I am a 36-year-old manager in finance, where I’ve been working for almost 13 years. I have two amazing children—a ten-year-old son...
Who is a funded trader? A funded trader is an individual who has opened a prop account, successfully passed the challenge phase and finally got a capital for his own trading. He adheres to the trading rules of the firm and shares a certain percentage of his profits with them. How to become a funded trader In order to become...
Funded trader account (program) is a trading account where capital is provided by a prop firm for a trader to utilise. The goal is to give skilled traders (who do not have enough funds to pursue their trading career), access to the market with little starting investment. Top funded trading programs you should consider (a detailed comparison of their...
Some of the most effective forex indicators include the Moving Average (MA), Relative Strength Index (RSI), Bollinger Bands, Parabolic SAR, Aroon, and On Balance Volume (OBV), each offering unique insights into market trends, volatility, and potential reversals. Let’s explore these indicators in more detail and understand how they can enhance your trading strategy: Moving Average...
Here’s the detailed comparison of the top rated proprietary trading firms available in Singapore: (Scroll/swipe the table to your left ← or right → to view all providers) Features RebelsFunding FTMO the5ers Alpha Group Capital Price range $25 – $890 €155 – €1,080 $39 – $850 $97 – $997 Max capital allocation $640,000 $400,000 $4,000,000...
Here are the five best prop firms in the UK: Comparison of the best prop firms in the UK (Scroll/swipe the table to your left ← or right → to view all providers) Features RebelsFunding FTMO the5ers Alpha Group Capital Audacity Capital Price range $25 – $890 €155 – €1,080 $39 – $850 $97 –...
