In the first year, only about 20% of firms manage to survive. By the second year, survival drops, with just 5% of firms still operating.
In other words, after two years, only 1 in 20 firms remain active.
The 95% that fail usually do so for several reasons:
- Lack of expertise in risk management
- Poor cashflow management
- Absence of a long-term strategy
- "bubble and dump” dynamics
Important to mention that most participants begin with good intentions. However, many lack the necessary expertise and experience to navigate the challenges of this industry, which ultimately prevents them from succeeding.
@CruzTradesFX@PropFirmOne Since prop firms and brokers use different liquidity providers and price aggregators, slight discrepancies in market prices are to be expected.
@Usamaimtyaz@PropFirmOne We’ve set the different contract size for each firm on our backend
If any discrepancies arise, we’ll provide users with the option to manually adjust the contract size as needed.
@EM_Forez@PropFirmOne Since prop firms and brokers use different liquidity providers and price aggregators, slight discrepancies in market prices are to be expected.
As for execution, when you place a market order, it will be directly copied to all connected accounts in real-time.
Prop Firm One Beta is officially live 🎉
More than 1,000 traders applied, and 100 have been selected to join the first round. All applicants have now been notified by email 📩.
Thank you to everyone who applied. Your interest and support have been incredible. We’ll be opening more slots soon, so stay tuned for the next opportunity.
It’s finally time to bring @PropFirmOne to the public.
A year and a half ago, @PropFirmMatch acquired CuroLabs with the mission to build the ultimate prop trading tool. Since then, we’ve been working tirelessly behind the scenes to bring that vision to life.
Trade and manage all your accounts from a single interface. No juggling of multiple platforms, external journaling or a separate copy trading tool – everything you need in one place.
Now it’s time to bring it to the public. The product is new, and there will be challenges and bugs. Therefore we are launching in beta, and will listen to input and make improvements every day.
To ensure a smooth rollout, access will open in batches – starting with just 100 qualified users. Once we’re confident everything is running smoothly, we’ll open the doors to more.
Prop Firm One will continue to be developed together with it’s users. Every suggestion will be considered, and we’ll work relentlessly to improve the product and the user experience every way we can.
Looking forward to any kind of feedback after launch - August 6th.
I spent two years trading Oil on a prop desk, including some of the most volatile periods in recent history.
I vividly remember the day Soleimani was killed, Oil spiked 5% intraday, only to give back all the gains the very next day. What followed was a cascade: Russia and Saudi Arabia refusing to cut production, and then the onset of COVID-19, which drove Oil below zero.
This week, the pattern felt eerily familiar. Once again, retail traders rushed to “buy the dip” based on geopolitical headlines. This time the bluff about Iran threatening to close the Strait of Hormuz. Predictably, the rally was short-lived.
Many are still looking at the wrong signals. The short setup was inevitable, if you timed it right.
Let’s not forget: the U.S. holds strategic reserves and is no longer dependent on Middle East oil. That alone changes the playbook.
PS: The second picture was few weeks after the events, back in January 2020.
Over a year of building PropFirmOne (PF1) with an incredible team of talents, pushing boundaries to deliver a platform built by prop firm experts, for prop firm traders.
PF1 is designed to redefine how prop firm traders operate, all-in-one, smart, and scalable.
We're nearing the finish line. Final stretch. Get ready !
@PropFirmOne@PropFirmMatch
Long time memory mate, and good moments spent together. Killing 300 tickets in a day together, while explaining to people "where to find their accounts", when it was right there in their inbox.
You followed the route of community building, support management, and trading room killer analyst, while I navigated through deep risk management, data modeling, and trading. But we were always pillars for each other, exchanging views on the industry.
Still big things to accomplish for you. No doubt you'll succeed wherever you land. Hopefully, our roads will cross again soon.
PS: Bring back my hippo gadget I left on your table.
Sincerely yours.
Sheffield United ended the season as playoff favorites for the final Premier League spot yesterday👏
Prop Firm Match lined the pitch as their final goal of the season crushed Blackburn Rover’s premier league hopes.
Good luck! I was thinking about this a few years ago already, but you will run into three big blockers:
1- Legal: Sharing data or bypassing GDPR rules will be complicated across firms.
2- Technical: Every firm uses different technologies, making integration challenging.
3- Cost: Who will be in charge of funding and maintaining the system?
The best approach would be to develop internal systems to detect such patterns rather than relying on cross-firm data sharing.