There is no excuse anymore. If this is true, let's separate the men from the boys: https://www.topsteptrader.com/learnmore#learnmore-combine-signup
so someone pays them ~$100 to paper trade with tight risk limits. Then maybe get funded with tight risk limits. Tom Vu would love it.
Is it a legit service though ? I have always wondered whats the difference between these online prop firms and physical ones. Can you really get funded with 100k plus and keep 80% of the profits ? Do they have a superior commission structure/platform ?
I would think most of the "men" already have funded accounts and no longer have any motivation to paper trade.