How crypto prop trading firms works?

A crypto proprietary (prop) trading firm provides crypto traders the opportunity to trade with a funded account. To access these funds, traders must first succeed in a crypto trading challenge, after which they can retain up to 90% of the profits they generate. To receive a funded account, traders are required to achieve a profit target of up to 15% during the challenge.

Most crypto proprietary trading firms employ their own trading strategies, such as high-frequency trading (HFT), algorithmic trading, market making, or they provide trading challenges and opportunities for retail traders. It’s crucial to distinguish between

  1. Traditional proprietary trading firms.
  2. Proprietary trading firms offering both real trading and simulated trading accounts.
  3. Proprietary trading firms that offer only simulated trading accounts.

as each tier represents different levels of service, strategy sophistication, and market impact.

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