Trader Prop Firm Review – Main Features Analyzed

Proprietary trading is gaining more and more popularity due to the low risk of traders’ capital. Since it’s all done on a virtual account, there’s no reason for the type of regulations that regular brokers have.

Thus, that’s exactly the potential issue that can only be solved by genuine and transparent services. Whether that’s the case with this company or not, find out in our detailed Trader Prop Firm review.

Legal Information: Who Is Behind Trader Prop Firm?

To be fair, this prop trading firm offers very transparent legal documents, addresses, and founder details. It appears this brand is run by Propfirm Trader Company with a SIREN registration number 881130918. Indeed, such a company does exist in the database and it is owned by Oswald Renaud. 

However, the company is registered as a freelance business with the main activity of public relations and communication consultancy. That’s far away from trading business. Yet, the only reason they can do something like that is a lack of regulatory oversight. Indeed, prop firms don’t need it. So, how can you be sure about yours? Should you look at Trader Prop Firm reviews or something else?

Target Countries

What’s surprising about this company is that there are zero comments about them from Trader Prop Firm Trustpilot. Even though the company claims to have a bit over 4 thousand members, no opinions are to be seen. If you check Virgo.net on the other hand, you will see how a company with users looks.

Nevertheless, that might be reasonable with a domain registered in January 2024. But not for traders from:

• United States
• United Kingdom
• India
• Nigeria
• South Africa 

According to website analytics, these countries bring this firm the most traffic. Hopefully, if you come from any of these, you’ll read our honest Trader Prop Firm review before signing up. If you still don’t know what company to choose, make sure to check Funded Trading Plus instead, a proven UK-based and far more transparent company.

What Does Trader Prop Firm Offer?

As can be seen, even before signing up, this firm is not even close to regular prop firms, such as NextPropTrader. On the contrary to them, Trader Prop Firm doesn’t offer its own trading programs. Instead, it serves as an affiliate for many other prop companies, which is quite surprising. 

Yet, once you start comparing all those with Funded Trading Plus, you realize there’s no company in their list that matches their features, legitimacy, and transparency. 

Promo Offers

Instead of signing up with your Trader Prop Firm login credentials, you can register with one of the affiliated platforms. The trick is that all these platforms have quite attractive and active promotions. These include: 

• 80% off on the lifetime plans
• 50% off on account resets
• 90% off on the lifetime plans
• Various discounts
• Coupon bundles and much more. 

Trading Platforms Available

One of the key aspects of the trading industry is the software traders have at their disposal. Generally, the most trusted and reliable platforms nowadays are cTrader and MetaTrader. Thus, you might have limited options with recent license removals from MetaTrader for all prop firms offering services to US traders.

But to be fair, there are many other solutions. In the case of Trader Prop Firm funded account programs, you can opt between:

• Ninja Trader 8
• Quan Tower
• Atas
• Jigsaw
• Bookmap

 Fairly, many of these platforms can genuinely satisfy traders’ needs. Still, with only 4,000 anonymous members recommending you prop firms, you might rethink your options. 

Additional Trading Tools Available

Overall, everything in the fast-paced trading world nowadays is related to precision and fast decision-making. Therefore, adequate tools such as EAs, AIs, and algo trading features can be a huge factor in your results. 

Trader Prop Firm advertises different features that you can get with different platforms, such as:

• Risk management tools with Trade With Me 
• Copy trading options with Replikanto
• Custom projects with Trade Forge
• Custom indicators by NT8 and a few others. 

Is it going to give you guaranteed success? Certainly not. But at least you’ll have a lot of powerful tools to get there. 

Are Payouts Possible?

Generally speaking, Trader Prop Firm payout solely depends on the affiliated company you choose to work with. Some firms promote even daily payouts, while others give payouts bi-monthly. All these options will determine which company you might opt for.

Thus, very few of these companies can truly compare with the experiences traders have with Funded Trading Plus. It’s no wonder they have more than 2,100 positive reviews. 

Summary: Is It Worth It?

Ultimately, when you reach the funded account, it can definitely pay out, especially with all the advanced tools that can keep you from violating rules. Thus, traders have to realize that Trader Prop Firm only serves as a mediator. Even though there are amazing offers on the table, we strongly advise you to compare other options as well. 

All in all, it comes down to your personal preference and experience with a certain company. So, you should try It all out, especially when there are low fees on the table. We suggest you start by checking Funded Trading Plus programs before everything. After all, this UK-based firm has a rock-solid reputation compared to most prop firms out there. Of course, it’s not the only one, but it’s a good place to start. 

Sign up with Funded Trading Plus to participate in great giveaways and promotions. Start your prop trading journey on the right side. 

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