I’m a new trader who is still learning.. with a very small budget. I’m trying to decide whether to start my trading in prop firm funded account with simulated capital or go for a broker account with my own funds
Pro and experienced traders, drop your thoughts on this!
Which route gave you the fastest learning curve? Did trading your own capital help you build better money‑management habits?
My advice would be to focus less on the account type and more on developing a repeatable process. Whether it's a prop challenge or a $100 personal account, the market doesn't care. Most new traders lose because they don't have an edge, risk management plan, or trading journal. If you choose a prop firm too early, the profit targets and drawdown limits can add unnecessary pressure. Learn to execute consistently first, then decide which capital source best fits your goals.
Propfirms are for begginers
For a new trader with a very small budget who is still learning, start with a demo/simulated account first, then consider a low-cost prop firm challenge over risking your own limited capital