Traders do Forex trading in terms of buying and selling money to make profits. Forex trading, although it gives a huge amount of profit but still it is quite risky and volatile. As the prices in Forex trading change frequently, the only skilled ones can go for it. In this blog, we are going to discover the best forex prop trading firm.
Best Forex Prop Trading Firms:
Below are the top prop trading firms recommended for those who want to do forex trading:
Top Forex Trading Firms:
Now, we will tell you about the top forex trading firms and explain why they are the best ones. Below are the top trading firms:
MyForexFunds is the top Forex Trading Firm that is established to enable the traders with large accounts to trade efficiently. The traders are provided with an opportunity to make profits without even risking their own money. The accounts range from $10k to even $100k. Here, the traders choose monthly subscriptions to their own choices.
The next one on our list is SurgeTrader. It is a recommended investment firm as it does not charge a monthly fee; you will have to give only a one-time subscription. In SurgeTrader, the amount of USD 25,000 to $1 million can be received by traders. These depend upon the packages that are chosen initially. Here, the trader can make profits up to 75%.
The next recommendation on our list is E8 Funding. It is also a top-ranked Prop Forex Trading firm that gives the opportunity to traders to get 80% profits on spilt while trading. It includes a two-phase evaluation of trading where the trader has already predetermined the capital.
Next on our list is Fidelcrest, that is having almost 2 million traders worldwide. The traders can make up to 90% of the profit. It only requires a one-time fee from the traders. The profits are split depending upon the performance.
BluFX is a trading firm that helps traders to be among the top traders. A withdrawal request can be submitted whenever an account has at least 5% profit. The 5% amount will be deducted from the trading account. The trader’s profit share of 50% will then be transferred to the trader’s equity account.
How to choose a perfect trading firm?
There are certain terms and conditions to choosing a perfect forex trading firm. Below are the points that you must consider when choosing a prop trading firm:
•Make sure to properly research about the prop trading firm first.
•Make sure to consider the points like the history of the company, team size and client testimonials as well.
•Also, make sure that you are going for a Forex prop trading firm that has a good track and has been in business for a long time.
•Last but not the least, make sure that the charges and fees are budget friendly and you can go long-term with them.