Do you want to know what is prop trader? Prop traders are individuals using firms’ money and resources to trade and invest in the stock market. These assets include bonds, commodities, stocks etc. They commit small amounts of firm and guarantee that they will do their trades with great responsibility. Prop trading includes its own risks but if you know the drill you can get profit. Here we will discuss prop trading and do a comparison between topstep brokers and others.
Advantages of prop trading
Here is a list of advantages you can get from prop trading:
- Allow you to earn a high amount of profits.
- Allow the firm to stock the shares.
- Offers rebates
- Offering good customer support
- Include leverage rate
- Provides Liquidity to the market.
- Offer an easy entry to trading.
- Reduce risk by diversifying.
- Offering multiple platforms.
Topstep Traders:
International company registered in the USA. They have been providing services since 2012. Topstep is providing real accounts financing if they prove their skills and manage risks. The company provides support to the client even if they are not experienced.
Trading conditions:
- Provides Minimum deposit of 1$
- Leverage rate of 1:100
- Support 8/5
- Floating spread
Useful services:
- Economic calendar provides you information about upcoming important events.
- You can get online training about how to set business and use traders.
- Help center is present where the answer to all your queries is.
- In the latest news section you will get the latest news about the trading community.
- You can join free groups so that you can learn about trading.
- Magazines are present that have all the news and latest updates.
Roboforex:
This company was developed in 2009, running in more than 169 countries. It is a leading software developer in this industry. It has a good reputation in the forex market of being a reliable partner. Having an international license and being able to provide services internationally making it more convenient and reliable.
Useful benefits:
- Paying high affiliated payments starting from $5.
- Using copyFx as an investing program.
- Favorable trading conditions make the environment and trading more comfortable.
- You can withdraw funds instantly.
- Availability of minimum deposit.
XM broker:
XM broker was formed in 2009. This company provides intermediary services at the exchange market. With time it became successful and now it is considered as reliable and safe in the international broker market. It is operating in 190 countries all around the world. They offer special technological solutions. Their team is highly professional providing best services to clients and traders.
Advantages of XM broker:
- Offer 100% execution on orders and nearly 99.35% of orders are delivered instantly.
- Provide over 1000 trading tools which you can use for your trading
- Providing more than 55 currency pairs including CFDs on commodities, cross rates, stocks, metals.
- No extra charges on replenishment or withdrawal of money.
- Provide supportage 5 times a week and specialized in 30 different languages to deal with clients internationally.
AMarkets group:
An international Company, spread in Europe and CIS with dozens of offices. Found in 2007 but a lot of changes took place with the passage of time. At start the company was known as AForex. Now AMarket is an ECN broker helping both beginners to start trading and professionals to perform trading.
List of benefits of AMarket:
- Provides you with an average market spread of 0.3 points.
- Platform for passive investment.
- Provide compensation funds for every European client.
- Order execution speed is 35-50ms.
- Offers over 250 instruments for trading.
| Topstep Trader | RoboForex | XM Broker | A Markets | |
| Overall Rating | 3.09 | 9.5 | 9.4 | 9.2 |
| Minimum Deposit | 1$ | 10$ | 5$ | 100$ |
| Leverage rate | 1:100 | 1:2000 | 1:888 | 1:3000 |
| Trading platform | MT 4, MT 5 | MT 4, Mobile trading, MT 5, cTrader, | MT 4, MT 5 | Currencies, assets of stock and commodity markets, cryptocurrencies |
| Spread | Floating spread | From 0.0 point | From 0.6 points | From 0.1-3.0 points |
Hence you know the complete comparison of topsteptrader review with other brokers. Now you can easily select one for you according to your choice.tr
