Quote from: KupaCrypto on Today at 05:00:23 PM

proprietary trading firms are a great option for beginner traders looking to grow their trading skills and reduce their potential risk in the markets. But we have to put into consideration the risk associated with it because starting prop firm ,
As a proprietary trader, your money is at risk already, and it also involves high fees, and it is mostly about day trading.
payouts are subject to the firm's rules, which may restrict a trader's access to profits.

And if a targeted profit is not reached within a stipulated time , that means you failed the challenge and you will loose the account , this means you will have to purchase another account to continue your trade, which to me I see it as a waste of resources, instead of going through this why not save up then invest the little you have then you don't have to share your profit with anyone or any firm

Well basically in props you are handling really large amount of capital, as oppose to the subscription fee. And after you pass the phase 1 or 2, you basically have your refund and your risk is no longer there, and you can trade the capital they've gave from you. The only consideration is that you have maximum loss of 10% of the account, and the profit split which is reasonable because it's their capital invested to your trading the first place.

If you lack capital and found reputable one propfirm, then you can leverage it so you can earn more with less capital putting in. You can buy 15K challenge account for 89usd. However this is a double edge sword because this is not for beginners who are just starting out. Propfirms are for those who already have their trading system working for them. Otherwise, if you force yourself into this, you'll just blow one challenge account to another.