Hello, I wants to share about how you can spot good firms and avoid bad ones in the prop firm industry.
1: No Transparency About Regulation or Company Identity Check whether they clearly show: Legal company name Founders/team Registered business location Terms and conditions Payment/payout policies
2:Hidden Rules Designed to Fail You This is the biggest trap. Many scammy firms create violations like: Consistency rules hidden deep in FAQ's Trailing drawdown that follows floating profit aggressively News trading bans not clearly explained “Soft breaches” used to deny payouts Slippage excuses during payout periods Copy trading restrictions added later
3: Massive Discount Campaigns All the Time If a firm constantly runs: 80% off 90% off “Last chance” “Only today” …it may rely mainly on challenge fees instead of sustainable operations.
Thanks for sharing mate, but despite all this, firms still deny payout, GFT is an example
