Prop Firm
prop firms are good leverage for traders in terms of capital and ensuring discipline which is a core area of every profitable trader. Below are the major advantages:
1. Trade larger capital than your personal funds.
2. Your personal money is not fully at risk.
3. Access to better trading tools and platforms.
4. Builds discipline and trading skills.
5. Possibility of scalable growth (account increases with performance).
Prop firm trading can be interesting, but it still comes with risks and should be done carefully.
Do prop firms really give access to better trading platforms than brokers do? Some prop firms are not on MT5, i am not sure of any ones on TradingView, and some prop firms dont allow you use expert advisors; so its debatable.
i stated a better trading platform cos of the one i use. my current prop firm gives access to MT5 and Match trader. I actually prefer Match trader to MT5. The platform is so easy to navigate.