[Sol1312]

Is anyone else noticing this or am I the only one? Lately I’m seein a lot more ads from companies claiming theyll fund you for prop trading. The ads look slick, promising all this capital and flexibility, but when I try to dig up info online, theres barely anything out there. I’m talking not many reviews, not much history to go on.

So whats the deal? Are these firms just brand new, or is this some sketchy, too good to b true trend thats popped up lately? I’m trying to figure out if this is a legit opportunity or just the latest investing hustle.

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[James Barra]

You’re right — it’s a trend that’s been on the rise. Prop trading firms, especially those offering funded accounts for retail traders, have gained traction, likely fueled by social media. However as you’ve picked up on, many of these firms have limited history, sparse reviews, and sometimes vague details online.

Some of these firms are legitimate, providing genuine opportunities for experienced traders to access capital. However, others can have high fees, strict trading rules, or unrealistic profit-sharing structures.

Since these businesses vary widely, proceed carefully: research companies thoroughly, look for feedback from actual traders on forums or trusted review sites, and scrutinize the terms they offer, especially regarding payout policies and fees.

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[Steve]

I’m seeing a lot of adverts for prop trading companies too but I am yet to be convinced. I don’t personally know anyone that’s used them and they often want hundreds of dollars in fees to pass their ‘evaluations’.

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[Christian Harris]

Proprietary trading firms aren’t inherently scams, but they vary widely in legitimacy and reliability.

Prop firms generally provide traders with capital to trade, sharing profits in return.

However, some firms operate in ways that raise concerns, especially if they seem more focused on charging fees than enabling successful trading.

Legitimate prop firms have transparent fee structures, realistic trading rules, and clear profit-sharing terms.

They often require an evaluation or training fee, but reputable firms keep these fees reasonable and structure them to support trader success.

In contrast, questionable firms may charge high, recurring fees or impose unrealistic trading rules designed to disqualify traders quickly, which can indicate a profit model based on fees rather than actual trading gains.

To protect yourself, thoroughly research any firm you consider, read reviews, and check their payment and withdrawal policies.

Avoid firms with vague policies or excessive upfront fees, and be cautious of those lacking transparency about their operations or management.

While the industry has reputable firms, careful vetting is essential to avoid those with less trustworthy practices.

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[Sol1312]

Exactly as I feared, thanks gents. I came across a video yesterday that also covered a lot of these risks. (You can skip the second half—it’s mainly a pitch for their Lux firm)

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[Ash]

Prop trading firm like TTF, which is new launch to market. I think that’s why not many people know about it. For the evaluations part is based on each challenge and the different should be % of profit and lost.

I Found that TTF and Oanda Labs have more information about “prop trading firm” and the challenge, “what is prop trader“

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[Steve]

Is TTF new? It says established since 2006 on the website?

I’ve never heard of it and I’m not convinced prop trading firms often have the capital to invest in more than a few traders. They just want unsuspecting traders to pay fees (it looks like it’s $999 for the ‘Supernova’ package at TTF) to use a demo account.

What can I say, I’m a cynic.

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