At PropInsider, we evaluate prop firm accounts using a comprehensive set of metrics to ensure that traders receive reliable information. Below are the key factors we consider in our reviews:
Firm Credibility and Trustworthiness
We begin by verifying the firm’s credibility, examining their Trustpilot rating, the visibility of their team, and their social presence. Ensuring the firm is transparent and trustworthy is a top priority in our evaluations.
Clear Rules and Guidelines
We carefully review the firm’s trading rules, including drawdown limits, profit splits, time restrictions, and the number of trading days required. Transparent and fair rules are essential for building trader confidence.
User Experience and Platform Quality
The overall trading experience is assessed by exploring the platforms offered, the range of assets available for trading, and the interface’s ease of use. We aim to ensure the platform is intuitive and meets traders’ needs effectively.
Profit Potential and Leverage
We evaluate the level of funding and leverage provided by the firm, considering how these factors impact a trader’s ability to generate substantial profits. We also assess whether the opportunities offered align with realistic expectations.
Attainability of Profit Targets
The difficulty of achieving the firm’s profit targets is a crucial aspect of our evaluation. We analyze whether these targets are attainable and how the firm measures a trader’s performance.
Fair Payout Systems
A reliable and transparent payout structure is essential. We review the firm’s payout processes, including frequency, payment methods, and consistency in fulfilling their obligations to successful traders.
Each factor is scored out of 5, and the average of these scores provides a final ranking for the prop firm. Our goal is to deliver objective insights, helping traders make informed decisions.
