How Crypto Prop Firm Helps Traders on Their Trading Life
Do you want to trade without risking your own money? Crypto prop trading could be the perfect solution for you! It allows you to trade digital assets using the capital of the firm instead of your own.
It means you can focus on improving your skills without putting your savings at risk. It is a great opportunity for you. In this article, Coupon Terra will introduce you to the top 3 funded crypto trading firms and show you how to get started. You’ll learn:
- What Is Crypto Prop Trading?
- Their evaluation process (what you need to do to get funded)
- What Can You Trade with a Crypto Prop Firm?
- Benefits of Trading With a Crypto Prop Firm
- The Crypto firm that we recommended
If you are new to trading or searching to take your career to the next level it is the right choice for you. Crypto prop trading will be a great way to access bigger opportunities without the big financial risk. In this article you will know about this. Dont be lated, enjoy the best Think Capital deal .
What Is Crypto Prop Trading?
Crypto Trading or proprietary trading means using the money of a prop firm. Cryptocurrency is digital or online money such as bitcoin. It only exists online. It doesn’t have real coins or notes and isn’t controlled by banks or governments. It uses a special technology called blockchain to keep track of transactions securely.
Blockchain is a special type of technology. It works like a digital record book. It keeps a secure and permanent record of all transactions. Instead of being stored in one place, all of your information is stored on many computers at the same time.
Key Points of Crypto Firms:
- It's managed by a network of computers.
- It uses advanced coding to make transactions safe.
- You can buy things, invest, or trade it like stocks.
- If simply says, it is internet money that works globally and doesn’t rely on banks
- Examples: 2 popular names are Bitcoin (BTC) and Ethereum (ETH).
Benefits of Trading With a Crypto Prop Firm
- Larger Trading Funds
With a funded trading account, you can trade with much more money than your personal savings. This higher capital allows you to enlarge your trading potential and aim for bigger profit withdrawals, even though the capital is virtual. - Profit Split Structure
Instead of risking your own money, you share profits with the firm. Each successful profit split not only boosts your income but also builds your confidence to improve and grow your trading strategy. - Reduced Personal Risk
Crypto prop firms often cover losses up to certain limits. This means you can focus on improving your trading skills without worrying about losing all your own money, giving you a valuable safety net. - Scaling to $1M or More
Many top crypto prop firms offer scaling programs, allowing you to access funding of up to $1M or even $2M. To qualify, you need to pass challenges, meet profit targets, and demonstrate strong risk management skills. - Skill Growth and Support
Prop firms provide tools, training, and feedback to help you grow as a trader. They allow you to focus on learning and improving while trading with less financial pressure.
Trading with a crypto prop firm is a great way to access more capital, reduce risks, and scale up your trading career.
Their Evaluation Process Crypto Prop Firm
Application and Signup
First, you will sign up with the firm and choose an evaluation plan. These plans usually have a fee, which covers access to the test and resources.
Demo Trading
You’ll start with a demo or evaluation account. This allows you to trade using virtual money, but with real market conditions.
Meet Profit Targets
The firm will set specific profit targets you need to reach in a given time. For example, you may need to make 5-10% profit within a month.
Risk Management Rules
The firm will have rules on how much risk you can take per trade or in total. You must stick to these limits to pass the evaluation.
Evaluation Period
This period could stay from a few weeks to a month. It depends on the firm’s rules. During this time, you need to show you can trade profitably and responsibly.
Pass the Evaluation
If you meet the profit target and stick to the risk rules, you pass the evaluation. Now, the firm funds your real trading account. By successfully passing the evaluation, you prove you’re a skilled trader ready for real funding, and you can start making real profits!
What Can You Trade with a Crypto Prop Firm?
Cryptocurrencies: Examples of some popular Cryptocurrencies are Bitcoin, Ethereum, and others. These coins are the most popular assets to trade and also offer big profit opportunities.
Crypto Pairs: You will trade pairs like BTC/USD or ETH/BTC. It allows you to profit from price changes between different cryptocurrencies. It gives you more ways to diversify your trades.
Futures: Some prop firms allow trading crypto futures. You can bet on future price movements. It can be useful for those who want to speculate on price trends without holding the actual coins.
Crypto CFDs: Contracts for difference (CFDs) let you guess the crypto price. It changes without owning the coins directly. It’s a great way to trade without your own money or exchanges.
In some cases, you may also be able to trade traditional assets like Forex, indices, and commodities, depending on the firm's offerings. This allows you to expand your trading skills across different markets.
Top Crypto Prop Firms for Trading
Think Capital
Think Capital is a well-known trading platform for traders of all levels. You can choose from one-step, two-step, or three-step evaluations. They offer fast, reliable services backed by ThinkMarkets and provide tools like Platform 5, ThinkTrader, and TradingView. If you perform well, you can grow your account up to $1M. Think Capital also allows US traders and offers the chance to trade cryptocurrencies like Bitcoin and Ethereum, along with Forex, indices, and commodities.
Fintokei
Crypto trading with Fintokei allows traders to invest in digital currencies like Bitcoin, Ethereum, and others. Fintokei offers a platform for both beginners and experienced traders to participate in the crypto market with flexible funding options. Traders can trade crypto alongside traditional assets, using the same accounts and funded programs. Crypto trading is supported with the same scalable account options, allowing traders to grow their funds over time. Exclusive offers and discounts are also available for crypto traders to save more.
Blueberry Funded
Blueberry Funded is a prop trading firm launched in 2024. It offers traders up to $2 million in simulated capital with profit splits of 80%-90%. It provides evaluation programs like 1-Step and Rapid Challenges for trading forex, indices, commodities, and crypto on platforms like MT4, MT5, and DXTrade. The firm also features a scaling plan to increase capital by 25% every three months based on performance.
Instant Funding
Instant Funding, a UK prop firm founded by Lewis in June 2022, supports traders, including those in crypto trading, to grow fast. It offers challenges for all skill levels, uses platforms like Platform 5, DXtrade, and cTrader, and has Commission-Free and Raw Spread accounts. Traders start free, trade more capital, keep 75-80% of profits, and grow accounts with good performance.
Why Choose Think Capital for Crypto Prop Trading?
Beginner-Friendly
Think Capital has a simple and transparent evaluation process, making it easy for beginners to start. If you're still learning the ropes of trading, this is a great place to grow your skills.
Experienced Trader Options
If you're a professional trader, you can choose higher account balance challenges. These come with customized risk rules that suit your experience level and trading style.
Strong Reputation
Backed by ThinkMarkets, ThinkCapital is known for reliability, fast execution, and secure transactions, giving traders peace of mind.
Trading Platforms
Think Capital offers several advanced trading platforms, like MT5, Think Trader, and direct integration with TradingView. These platforms are faster and have more features than many other platforms like cTrader, dxTrade, and Match Trader.
Excellent Support Team
ThinkCapital puts its traders first. They offer quick communication, regular updates, and dedicated help to make sure every funded trader gets the support they need.
Coupon Terra like mostly their performance.
In the end of this article, we want to say to you, Crypto Prop trading offers a unique opportunity to trade digital assets without risking your own money. And if you are thinking about Crypto, we will suggest you choose the trusted platform Think Capital.
By using a prop firm’s capital, you can focus on improving your trading skills, exploring larger opportunities, and building a career in crypto trading without the fear of losing your savings. Start exploring today and take advantage of this exciting opportunity!
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