A proprietary trading firm provides traders with a part of the firm's capital. This setup allows the trader to perform their market tactics and get a portion of the profits generated with that capital.
These trading firms in the past used to operate from physical locations, hiring experienced traders or training beginners after these trainees committed a substantial amount of their own money for their preliminary training phase. These ""traditional"" trading firms were not all-inclusive, with entry costs that could be prohibitively high for the average individual trader.
5RF differs from these traditional entities in several ways:
We offer traders from around the world the opportunity to register and participate in our online evaluation program for a considerably lower fee than most traditional proprietary trading institutions. This makes access more affordable, leaving only one crucial criteria for entry into the program: the performance of the trader's strategy.
Providing all 5RF traders with virtual funds in demo accounts allows us to manage risk more effectively across the trader pool.