What is a Prop Firm or Capital Management Group

A prop firm is an entity in which a trader is allocated a portion of the firm's capital in order to have the trader employ their own market strategies and receive a portion of any profits made using that capital. 

Historically, prop firms or capital management groups have been brick-and-mortar establishments that employed traders with years of experience or trained less experienced traders on how to become profitable after the trader put up a large sum of their own capital used for their initial training period. These types of "old-school" prop firms are not very inclusive and the barriers to entry can be prohibitively expensive for the average retail trader.

The Funded Sports Trader differs from these types of firms in several ways:

• By allowing sports traders to sign up and participate in our evaluation program remotely for a sign-up fee that is substantially less than the average brick-and-mortar prop firm, we have successfully shattered the barrier to entry. This leaves only the most important fact to be considered for entry into our program, whether a sports trader actually has a profitable strategy or not.
• By allocating all Funded Sports Traders with virtual balances on demo accounts, our firm is able to more successfully perform risk management on the whole group which allows for substantial improvements in the amount of traders that can be successful on our platform at any given time.