Benefits of Trading with a Proprietary Trading Firm
When it comes to trading, there are two main options: trading with a prop firm or trading with a personal account. Each option has its own advantages and disadvantages, so it is important to choose the one that is right for you.
A prop firm is a company that provides traders with capital to earn gains from based off of their performance. Most prop firms often have strict rules and regulations so it is important that you fully understand how they work before attempting a funding evaluation with one.
A personal account is an account that you open with a broker. You are responsible for providing the capital to trade with, and your broker will give you trading leverage based on that capital. Personal accounts are more risky, as you could lose all of your money invested in that account if you make a bad trade.
