I would like to discuss propfirms in order to understand the business model. I am not aware of any companies of this type in my region, but still there seem to be an endless amount of prop firms around. So I would like to understand how they are doing business. Do the traders trade their own money or the companies' money? Why would a company hire in experienced traders in the first place? Or have I misunderstood it? Where do the companies get their profits? -Commissions? -Share of the traders profits? What if their traders lose money then? Is it lucrative? Does it require a very large amount of capital to start a prop firm?