Which broker to use if you're starting a prop firm?

Discussion in 'Prop Firms' started by MyNinja, Jun 28, 2022.

  1. crypto

    crypto

    Definitely go with wintrado.com - this is the name of the platform, and some of the websites on which it operates are gfmarketsllc.com , pro5000.com, and others. This is the best of the best for beginners, and if has an academy section too.
     
    #11     Jun 30, 2022
  2. birdman

    birdman

    Intresting concept. I ask AI about futures brokers that white label their platforms and the answer was ....
    there are several futures brokerages that offer white label trading platforms for smaller companies. Here are a few examples:
    1. Haywood Financial Technology provides a white label trading platform that supports multiple asset classes including futures, stocks, forex, and crypto. Their solution is designed for start-up firms and offers order management, risk control, and an advanced trading simulator.
    2. Saxo Bank is a major provider of white label trading platforms. Their solution includes functionality for trading, monitoring, reporting, market data, charting, news, research, analytics, connectivity to brokers and liquidity providers, risk management, and more. Saxo Bank's white label partners include over 200 banks and brokers globally.
    3. Tradesmarter offers an all-in-one proprietary white label trading platform with a client cabinet, back-office software, multi-product offering, multi-base currency support, and risk management tools. Their solution is designed to be fast to deploy as a stand-alone platform, embedded platform, widgets, or via API.
    4. UpTrader provides advanced white label FX broker tools and CRM systems to help start a futures brokerage with minimum costs and maximum optimization. Their platform supports multiple asset classes including futures.
    So in summary, yes there are several reputable futures brokerages that offer comprehensive white label trading platforms to enable smaller firms to offer futures trading under their own brand. This allows them to quickly enter the market without having to build their own platform from scratch.
    Related
     
    #12     May 13, 2024
    zdreg likes this.
  3. traderjo

    traderjo

    Hi Robert, could you please elborate on "start an unregulated trading firm" and what restrictions
     
    #13     May 13, 2024
  4. Robert Morse

    Robert Morse Sponsor

    Just call me tomorrow to discuss it. It would take too long to type. In general, a group of investors put up money and hire traders. There are a number of forms of this. It depends on the company goals and how they want to meet them.

     
    #14     May 13, 2024
    zdreg likes this.
  5. traderjo

    traderjo

    Due to time diff may not be able to call...any way so Traders don't put first loss they are just paid on performance or some retainer + performance , I am guessing Group of investors must know each other or agree to be together financially and this can't be mass marketed
     
    #15     May 13, 2024
    zdreg likes this.
  6. chetan10

    chetan10

    hey! can we connect on email, I'm too into starting my own prop firm from very long. I will like you to shoot me a mail on chetanlahane10@gmail.com
     
    #16     Oct 6, 2024