hey forex freak I have a question I going to join a prop firm so basically to join a funding tallent firm so i want to that what is you experience with this firm like payout rates and other stuff
please review and mention also other good prop firms
thanks
UPDATE: We have migrated this resource to our new trader resource wiki: Volatility.RED You can find current info, and all future updates, over on Volatility.RED's Trader Scouting and Prop Firms Overview page. Scouting programs have grown in popularity in recent years and many are holding...
fxgears.com
And going forward, new info on prop firms will be updated on our sister site, Volatiltiy.RED, on this page:
Compare Forex prop firms and trader scouting programs. Understand the differences between traditional props, depository firms, and scouting programs, with detailed comparisons of FTMO and The 5%ers.
I have a friend that is using them now. There seem to be a few problems with their servers every so often. He has just passed both challenges now so ill let you know how he gets on now he's in line for some payments
Thing is the business model is a little MLM like in that they rely on the money being brought in from failed challenges more so than winning traders. If the former dries up even for a brief period they can't pay out.