So, is there a prop firm that deals with crypto?
CFT has some cool perks:
No time restrictions
Spreads starting from 0 pips
Leverage of 1:100
They offer over 100 crypto pairs along with indices, currencies, commodities, and stocks.
You can trade using MT5 or the CFT platform, which has a really nice interface.
Are there any prop firms for crypto trading?
7 replies 45 views
This would have been amazing if we should have such, even prop firm for synthetic indices but too bad such is not happening just for forex alone but some brokers depending on the prop firm the broker is with they do offer crypto trading.
silentchainHero Member
Posts: 473 · Reputation: 2317
#3Jun 9, 2023, 06:45 AM
Prop firm accounts are mainly for traders who believed themselves, they're ready to step up their game and ensure they're winning in all rounds of the market. I've no seen prop firm accounts relatable to crypto, rather there's golden chances of embracing good chances of earning and also losing in the system. I rather choose forex when it comes to emphasize made on prop firm accounts, Forex is consider the best option when it comes to choosing the best prop firm accounts, a trader could easily find one and make good use of them.
I think like 10 years ago or so I joined a prop firm. They had some crappy ad while driving one day and I decided to try it out.
Was a disaster. Basically when you were new, your losses were capped. So unless you knew what you were doing at the beginning you would never make any decent money.
Also the rest of the group had no idea what they were doing either. I dont think anyone there was a successful trader.
A year later I think the place just shut down.
bridge_atlasFull Member
Posts: 259 · Reputation: 692
#5Jun 9, 2023, 02:06 PM
Don't be fooled folks, OP is a shill of a certain fake website and this time round he has abbreviated it as CFT, but he has been shilling this so-called prop firm for a while using very many fake accounts like in this case
Do not trust anything OP spills here.
pixel_diamondMember
Posts: 1 · Reputation: 61
#6Jun 9, 2023, 06:50 PM
Yes there are some prop firms that allow crypto trading such as Bitcoin and others? I made a list of reputable ones here Reputable Prop Firms With Crypto Trading you can chose from.
Of course there will always be people who don't know what they're doing trying to give it a free shot, and the idea of prop firms is to give people who know what they're doing a shot. So, it was working as intended then (and would be similar in that respect today). I believe also that rules on platforms and strategies for people have evolved in that space, so it would be a better industry today than it were before.
Nice catch. From first glance, I didn't notice (until I read your post and read back properly). Very subtle.
vault_2009Full Member
Posts: 198 · Reputation: 739
#8Jun 11, 2023, 01:50 AM
Every forex platforms offers this and more than this as well but not regulated in your jurisdiction means there will be no point of checking with them. This the reason, people look for local exchanges which are licenced. Other than this, I do not think how many how many pairs or how many indices are available to trade is not a big criteria for a crypto trader.
They expected us to go searching on google or to inbox them for asking the URL? A bad attempt in my eyes. This term 'propfirm' is not familiar with me even I have been into all markets trading for decades. I do come across bitg** shillers at least once a day. I never rush on clicking any link provided here or anywhere, I learnt these from this community and I just remind them so that some newbie will learn and practice for safer crypto life.
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