Learn how prop firms (proprietary trading firms) work and what South African traders need to know before joining one. We cover funded accounts, evaluations, payout structures, and what to watch out for.
Prop Firm is a blessing to traders without enough capital to start trading. With a prop firm, you can spend just $60 and have access to $10 000 of trading capital. But unlike forex brokers, prop firms are not regulated yet, meaning they can shut down anytime and disappear with your money. This process is […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
8 min
Updated Mar 13
Going from trading personal accounts to prop firm trading can be a big challenge since prop firms have many rules you must follow. I have been trading prop firms for over 1 and a half years and managed to get funded from Alpha Capital and FTMO two of the most popular firms. In this prop […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
7 min
Updated Mar 13
Rud pulls are a common thing when it comes to the crypto space but in 2024 we have seen a lot of rise in similar schemes when it comes to prop firms. I have been trading prop firms for the past 1 and a half years with the knowledge I’ve got over the years I […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
8 min
Updated Mar 13