Isaacquachfx
Isaacquachfx

@isaacthequach

10 Tweets 20 reads Jan 09, 2023
Prop Firms are BETTER than a Personal Account !
Here’s why ….
1. Scaling Up / Free Additional Capital
When you trade for a prop firm if you stay consistent you get ADDITIONAL Capital for consistency .
With MFF if you do 10% in 4 months they increase your Capital by 30%
So let’s say 100K? They will add 30K to your account.
2. Lower Risk and High Reward
You can spend 450$ and get 100,000$ in Capital once you pass , or 125$ for 20,000$
And when you pass you receive a refund + profit split , if you’re a consistent trader doing 3% a month that’s 36,000$ a year from a 500$ investment .
3. Less Capital Risk
When you trade for a prop firm you’re not responsible for any of the losses !
Blow a 1000$ personal ? You lost 1000$
Blow a 100,000$ prop account ? You lost nothing , because you already got a refund so it’s risk free .
4. Safer than Personal Account
When a brokerage goes under ,
You lose every dime you deposited !
100,000$ ? Well it’s all gone …
A Prop Firm goes down ?
You lose the funded account (which isn’t your money)
5. You’ll just make more money ( If you’re skilled )
10,000$ in a personal account and 20% a month is 24,000$ profit
10,000$ on application fees is 1 million in prop capital , even 1% a month is 120,000$ profit .
6. Leaderboard Glory , More Credibility .
Everyone knows only 7/10000 people get a payout .
If you can get funded and get payouts your amongst the best retail traders in the world …
And if you get on leaderboards you get a ego boost that personal Capital won’t give you !
7. MORE Leverage than Personal Brokers
So a 100,000$ FTMO account is basically 10,000$ with 1000:1 leverage .
Offshore brokers do 500:1 leverage but they can steal your money sometimes .
Regular brokers really offer only 50:1 leverage
Both options are less than prop firms
8. BETTER Spreads/Commission than Personal Capital
On reliable brokers that won’t steal your money,
You get 1 pip average spread on EU
On Firms it’s 0.6 pips
(Commission was combined with spread)

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