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In this video I’ll walk you through 6 key factors that you can use determine whether a prop trading firm is safe. While no company can truly be safe, there's a methodical process you can use to filter out potentially high risk, less legitimate companies.

 

Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.

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Editors’ Picks

EUR/USD stabilizes near 1.0500, looks to post weekly losses

EUR/USD stabilizes near 1.0500, looks to post weekly losses

EUR/USD extended its daily decline toward 1.0500 in the second half of the American session, pressured by the souring market mood. Despite the bullish action seen earlier in the week, the pair remains on track to register weekly losses.

EUR/USD News

GBP/USD falls below 1.2150 as USD rebounds

GBP/USD falls below 1.2150 as USD rebounds

Following an earlier recovery attempt, GBP/USD turned south and declined below 1.2100 in the second half of the day on Friday. The negative shift seen in risk mood amid rising geopolitical tensions helps the US Dollar outperform its rivals and hurts the pair.

GBP/USD News

USD/JPY consolidates near 149.70 ahead of the US Consumer Sentiment

USD/JPY consolidates near 149.70 ahead of the US Consumer Sentiment

USD/JPY snaps the recent winning streak ahead of US data. A slew of solid US data could underpin the US Dollar. S&P Global anticipates that Japan could see upward interest rates trajectory, beginning in 2024.

USD/JPY News

Follow us on Telegram

Stay updated of all the news

Join Telegram

Editors’ Picks

EUR/USD stabilizes near 1.0500, looks to post weekly losses

EUR/USD stabilizes near 1.0500, looks to post weekly losses

EUR/USD extended its daily decline toward 1.0500 in the second half of the American session, pressured by the souring market mood. Despite the bullish action seen earlier in the week, the pair remains on track to register weekly losses.

EUR/USD News

GBP/USD falls below 1.2150 as USD rebounds

GBP/USD falls below 1.2150 as USD rebounds

Following an earlier recovery attempt, GBP/USD turned south and declined below 1.2100 in the second half of the day on Friday. The negative shift seen in risk mood amid rising geopolitical tensions helps the US Dollar outperform its rivals and hurts the pair.

GBP/USD News

Gold advances to fresh multi-week highs above $1,920

Gold advances to fresh multi-week highs above $1,920

Gold extended its daily rally and climbed above $1,920 for the first time in over two weeks on Friday. Escalating geopolitical tensions ahead of the weekend weigh on T-bond yields and provide a boost to XAU/USD, which remains on track to gain nearly 5% this week.

Gold News

Bitcoin could be an alternative to US-listed companies but not in the short term

Bitcoin could be an alternative to US-listed companies but not in the short term

Bitcoin has dipped below $27,000, adding to the subdued cryptocurrency market sentiment. While short-term price concerns persist, analysts predict a rebound based on historical figures.

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Nvidia Stock Forecast: NVDA slips as Biden administration attempts to close AI chip loophole

Nvidia Stock Forecast: NVDA slips as Biden administration attempts to close AI chip loophole

Nvida's stock price opened marginally lower on Friday after Reuters reported that the Biden administration is attempting to close a loophole that allowed Chinese companies access to state-of-the-art computer chips used for AI.

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