Propiy is a prop trading firm that provides capital to skilled traders who want to trade on their behalf. Prop trading, short for proprietary trading, is when a financial institution or a company trades stocks, bonds, currencies, commodities, derivatives, or other financial instruments with its own money, as opposed to using its customers’ money. Prop trading firms typically share the profits with their traders, and may also offer training, mentoring, and coaching.
Benefits of using propiy
Some of the benefits of propiy are:
Propiy challenges
Propiy challenges are tests that traders have to pass in order to trade with propiy’s capital. There are two levels of challenges
Level 1
Account type: Demo
Broker: Traders choice between supported brokers by Propiy
profit target deadline : 30 day
Profit target: 8%
maximum daily loss: 5%
Maximum loss: 12%
Minimum trading day: 5 day
Level 2
Account type: Demo
Broker: Your Selected Broker
profit target deadline : 60 day
Profit target: 4%
maximum daily loss: 5%
Maximum loss: 12%
Minimum trading day: 5 day
Propiy Account Rules
After passing the challenges you can reach a real account of propiy
Account type: demo
Broker:Your Selected Broker
maximum daily loss: 5%
Maximum loss: 12%
Up to 90% profit shares
JetJump
Jetjump in propiy is an attractive plan that provides a shorter path to profitability for traders who want to trade with propiy’s capital. Jetjump eliminates the need to pass the two-phase challenge, which is the usual way to join propiy as a trader. Instead, the suitable candidate can start trading with real money immediately after passing a simple test and paying a small fee. Jetjump also offers the possibility of receiving 50% of the profit from trading.
Propridge
Understanding the pressures of time-bound challenges, Propiy.com, in partnership with Propridge, now offers an unrivaled opportunity. When you select Propridge as your trading infrastructure on Propiy.com, you are no longer bound by the ticking clock to pass your trading challenges. This means you can trade at your own pace, making decisions that are best suited to your strategy and market conditions.
Conclusion
Propiy.com is one of the many prop trading firms that operate in the forex market. It is aimed at traders who want to access the international market and leverage the capital and technology of Propiy.com.
However, forex trading is a risky and complex activity that requires a lot of knowledge, experience, and discipline. Propiy.com does not guarantee any results or profits, and traders should be aware of the potential losses and challenges that they may face.
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