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A financial firm or commercial company that invests money for direct market gain rather than generating commission money by trading on behalf of clients is referred to as a proprietary trading firm, It’s mostly referred to as “prop trading.”
They hire skilled forex traders to trade with their money for a fixed value profit share (i.e. 80% share of Trader).
To ensure that the trader is suitable, they must complete some steps evaluation challenges in which they must satisfy from his trading & achieve profit targets while keeping losses to a minimum as per their rules with discipline trading.
