If you’re a skilled trader but don’t have enough capital to make significant profits, don’t worry at all! There are thousands, even millions of people like you around the world.
These are traders who have the skills but, due to a lack of sufficient funds, can’t fully leverage their abilities to generate income. As you probably know, trading different assets in various financial markets with higher capital can result in significantly larger profits.
What’s the solution? Prop firms were created specifically to solve this problem.
What Are Prop Firms?
Prop firms are companies that provide prop trading opportunities to professionals in this field. You might be wondering what prop trading is. Let’s explain the overall mechanism to make things clear.
The problem is simple: skilled traders often lack the capital needed to make big profits, despite having the ability to execute successful trades.
Prop firms are companies that do have enough funds. They allocate this capital to traders who can prove their abilities.
When a trader receives trading capital from a prop firm, that’s called prop trading.
The process is pretty straightforward: the prop firm provides the capital, and the trader executes the trades. If the trade results in a loss, both parties share the downside. But if there’s a profit, the earnings are split between the prop firm and the trader who executed the trade.
You might ask: How is the profit split between the trader and the firm providing the funds? Well, it depends.
Each prop firm has its own set of rules. Traders who qualify must carefully review the details before signing up and receiving capital. The most common profit split is 50/50—half of the profit goes to the trader, and the other half goes to the prop firm.
However, this isn’t the case with all prop firms. Some offer traders a smaller share, while others—like Propiy—give traders up to 90% of the profits they earn, which is genuinely impressive.
You might also be wondering which financial markets these prop firms support. We’ll cover that next.
In Which Financial Markets Does Prop Trading Take Place?
To be honest, there’s no limit! Depending on the prop firm, traders can trade in various financial markets—from forex and cryptocurrency to international stock markets like the New York Stock Exchange.
Naturally, the more markets a prop firm supports, the better. Some traders prefer to focus on one specific market they know well because they feel more comfortable navigating its ups and downs.
On the other hand, there are traders confident in their skills who believe they can earn profits in any financial market. These traders don’t feel tied to just crypto, for example. They know their trading strategy works just as well in forex or other markets.
That’s why a good prop firm should offer traders the opportunity to trade across different financial markets.
But to convince prop firms to give them capital, traders must prove their abilities. We’ll talk about how that works next.
How to Qualify for Capital from a Prop Firm
Most prop firms that provide capital to skilled traders have a relatively similar process to determine whether an applicant is qualified.
Keep in mind: prop firms want to make a profit, so they are naturally careful and selective during the evaluation process.
Usually, they design challenges with demo accounts and set goals that traders must achieve to prove their skills. For example: make a 5% profit within 30 days.
Once the trader successfully completes these stages, they prove their skills and can apply for real capital.
Note 1: You usually have to pay to enter these challenges.
Note 2: Getting through the challenges takes time!
This time-consuming process can discourage many qualified traders, sending them off in search of other funding opportunities.
But Propiy has come up with a solution that allows truly professional traders to skip the challenges and gain fast access to real trading funds.
Jet Jump: Propiy’s Revolutionary Solution
If you’re confident in your strategy and you know your trading style is solid and consistently profitable, we recommend applying for funding through Jet Jump, also known as the Fast Track.
With this approach, there’s no time limit, and you can quickly access real funds in your account. Plus, after just 5 days, if your account balance is positive, you can withdraw your profits—50% of which is yours to keep.
For every 10% profit you make, your initial capital will increase. In each phase, your capital can grow by 1.5x or even 2x, and you’ll soon find yourself managing a sizable fund.
Propiy: A Great Choice for Traders Looking for Capital
There are many prop firms offering funding to traders, but without a doubt, one of the best is Propiy.
This company offers full services to traders. In addition to the Jet Jump or Fast Track option, it has many other advantages that allow traders to confidently partner with them and, by proving their skills, access the capital they need to trade successfully.
