How a broker works
With a broker you deposit your own money and you keep 100% of profits and losses. There are no evaluation rules, but your losses can reach your full deposit.
How a prop firm works
With a prop firm like Axora Funded you pay a one-time fee for a challenge (from $29). If you meet the targets within the loss limits, you trade a funded account and keep 90% of the profits. The most you can lose is the fee.
Which one is for you
- Small savings and a proven method: a prop firm gives you more capital for a fixed, limited cost.
- You want no rules at all and accept risking your own money: a broker.
- Not sure yet: try a free $100,000 trial before choosing.