what are the pros & cons of nostro prop firm

Anyone traded with nostro prop firm, please what do you think about their trading conditions?

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@cahaya_dewan - 1 year ago

They are very strict about risk management so you need to be disciplined if you want to pass their challenge.

Some of the pros include they have custome challenges (you can build your own challenge) and there is instant funding challenge without going through various evaluation steps.

Another pros is that their leverage is high at 1:100, and their challenge fees are low starting from $23 for a small-sized account. Their customer support is also very good. Payouts are biweekly.

Some of the cons include their profit split is not fixed and instead depends on your consistency score. The lower your consistency, the lower the profit split.

Another cons is that they do not have free trials so you cannot test their services before you purchase a challenge.

Another drawback is that MT5 is the only trading platform they offer.

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@emma_durban - 1 year ago

What i dont like about them is their evaluation accounts are not scalable

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