It is unlikely that any prop firm that is free of charge will be legitimate due to the cost of operating the business. Trading servers, bridges, staff, and other expenses are high when operating a prop firm and a free prop firm could lead to a requirement for far more infrastructure.
There are many available trading platforms for forex funded accounts and it is up to user preference. The most popular platform is Platform 5, followed by C-Trader.
B-book can be good or bad depending on who is using it. The act of b-book or warehousing trades has led to lower spreads and smoother execution for retail traders. However, it also can create a conflict of interest if a company that operates a B-book doesn’t effectively manage its B-book risk. It is important to choose a trusted company, regardless of execution strategy to ensure safety with your trading.
It is highly unlikely that prop firms operate on a strictly a-book basis. It is vital that a prop firm operates using a dealing mechanism to limit financial risk and be sure that they are able to pay out their obligations. Selective hedging or various other dealing strategies would be a more effective way to manage order flow, at least initially, until it is clear that a trader can survive long-term.
If you are working with a trusted company, such as ATFunded or FTMO, you will receive your profit rewards when trading a prop trading account.
Trading with a prop trading account is a great place to start if you have an already demo or simulation-tested trading strategy. With a low cost of entry, Prop trading limits your personal risk and increases your trading potential.
Prop firms generally fail due to a lack of experience in the management of the firm. Operating a prop firm requires strong experience in the marketplace it specializes in and just like trading requires sound risk management and organization.
ATFunded is a legitimate company operated by one of the world’s largest brokerage firms, ATFX.
Prop trading is not a scam. However, it is vital that you choose a trusted company when deciding who to acquire funding from as there are many unscurpulous characters in the industry.
No, Prop firms are looking for talented traders who may lack capital to excel in their career. Prop firms bridge the capital gap in the pursuit of talent.
ATFunded is a business name under AT Global Markets LLC which is a Limited Liability Company in Saint Vincent and the Grenadines with company number 333 LLC 2020. ATFunded is not regulated.
The content on this website is not intended for residents of any country or jurisdiction where its distribution or use would contravene local laws or regulations. ATFunded does not provide services to residents of United States, Canada, GCC countries, Australia, United Kingdom, China, South Africa and Jordan.
The material and information provided on this website are strictly for educational use and should not be taken as financial guidance. ATFunded offers only demo accounts to all users registered for the Free Trial, ATFUNDED Challenge, and Verification products. ATFunded does not offer brokerage services, trading services, or custody of investor funds. Past performance is not a reliable indicator of future results.
Understanding the risks involved in trading is crucial. If you are uncertain, it is always recommended to consult with an accredited independent financial advisor. Any use of the information contained on the Company’s websites is at your own risk, and the Company assumes no responsibility or liability for any use or misuse of such information. Nothing contained herein constitutes a solicitation or an offer to buy or sell any financial instrument.
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