Question 1

What is a prop trading firm?

Accepted Answer

A prop trading firm (proprietary trading firm) provides traders with capital to trade in exchange for a share of the profits. Traders typically need to pass an evaluation challenge before receiving funded accounts.

Question 2

How do I choose the best prop firm?

Accepted Answer

Consider factors like: profit split percentage, evaluation fees, trading rules (scalping, news trading, EAs), drawdown limits, payout frequency, and Trustpilot reviews. Use our comparison tool to filter by your preferences.

Question 3

Are prop firms safe?

Accepted Answer

Reputable prop firms with verified track records are generally safe. Look for firms with positive Trustpilot reviews, transparent rules, and a history of consistent payouts. PropFirmScanner verifies firms before listing them.