Australian (ASX) Stock Market Forum

Prop firm funding program for Aussie indicies

Joined
31 January 2021
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Hello,

A lot of prop firms out there but seem to specifically focus on forex mostly.
Can't find a reliable funded program for AUS200 indices. Programs that have it listen either have ridiculous spreads or bad market data that doesn't show the 9:50am open.
Even programs like Top Step or "Take Profit" have no idea what SPI200 is but hype themselves as a futures trading prop firm

Anyone had any luck finding a decent prop firm to trade AUS200 cash? Or is everyone using their own capital through reliable broker?
 
My motto has always been " If you don't know, ask "

From Forbes.com.

Prop Firms

A prop firm is a company that provides its traders with access to capital, in return for a percentage of the profits generated. There are a number of ways that a prop firm can help you become a better trader. One of the most important things that a prop firm can do is provide you with access to capital.


This access to capital allows you to trade with larger position sizes and also take on more risk. In addition, a prop firm can also provide you with access to sophisticated trading tools, software and resources. Finally, a prop firm can also provide you with mentorship, training and support from experienced traders. All of these factors can help you become a better trader.


Some of the largest prop firms are located in London and New York. However, there are also a number of smaller firms located around the world. While the exact services provided by prop firms vary, they all share one common goal: to help their traders succeed. Many prop firms also offer incentives and bonuses to encourage trading activity.

Now that we have answered the question of how prop firms can help traders get better, let's get to some more interesting details.

gg
 
My motto has always been " If you don't know, ask "

From Forbes.com.

Prop Firms

A prop firm is a company that provides its traders with access to capital, in return for a percentage of the profits generated. There are a number of ways that a prop firm can help you become a better trader. One of the most important things that a prop firm can do is provide you with access to capital.


This access to capital allows you to trade with larger position sizes and also take on more risk. In addition, a prop firm can also provide you with access to sophisticated trading tools, software and resources. Finally, a prop firm can also provide you with mentorship, training and support from experienced traders. All of these factors can help you become a better trader.


Some of the largest prop firms are located in London and New York. However, there are also a number of smaller firms located around the world. While the exact services provided by prop firms vary, they all share one common goal: to help their traders succeed. Many prop firms also offer incentives and bonuses to encourage trading activity.


Now that we have answered the question of how prop firms can help traders get better, let's get to some more interesting details.

gg
So what prop firm has good spreads for Aus200 / SPI futures and has accurate market data?

Do you trade aussie indicies or futures yourself and used a prop firm?

Great summary of what a prop firm is Garpal.
 
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