There Are No Bad Questions About Prop Firms And Trading.

A modern prop firm is a company that gives traders virtual capital to trade with. Traders use their own strategies and get a share of the profits they make. In the past, prop firms were physical places where experienced traders worked or trained new traders who had to put up a lot of their own money for training.

These old-fashioned prop firms were not very inclusive, and it was expensive for regular traders to join them.

Upcomers is different from those firms in a few ways:

• Traders from anywhere in the world can join our evaluation program online for a fee that is much more lower than what traditional prop firms charge. This makes it easier for people to join. The most important thing for entry into our program is whether a trader has a profitable strategy and is able to have a proper risk management.
• We give all traders virtual money to trade with on demo accounts in the evaluation process or in the funded phase. This helps us to manage the risk for all traders. We as a prop firm can then decide, based on a wide range of data, which trades to send to the real markets and thus grow together.