The rapid growth of proprietary trading firms has raised a critical question across the forex and trading industry: Are prop firms legal?Traders want clarity before paying challenge fees, while companies launching or scaling prop trading models need to understand where the legal boundaries truly lie. The reality is more nuanced than a simple “yes” or … Continued
Economic cycles play a critical role in shaping financial markets — and prop trading firms are no exception. While many proprietary trading firms focus on trader performance, risk rules, and technology, broader macroeconomic conditions often determine whether a prop firm can scale sustainably or struggle to survive. Understanding how economic cycles affect prop trading firms … Continued
MiFID II — the Markets in Financial Instruments Directive, second iteration — has been the primary regulatory framework governing investment services in the European Union since January 2018. For forex brokers operating in or serving clients in EU markets, MiFID II is not optional reading. It defines how clients are categorized, what suitability requirements apply … Continued
