Traders may be subject to risk limits, suspended trading, or even termination if they consistently incur losses beyond the agreed-upon limits.

Pros include access to capital, training, and potential high profits. Cons include risk of losses, performance pressure, and profit-sharing with the firm.

Yes, reputable prop firms do pay traders a share of their profits based on agreed-upon terms and performance.

A prop trading firm is a financial company that provides capital to traders (prop traders) to trade the firm's money in financial markets, aiming to generate profits for both the trader and the firm.

The FXIFY™ fee exists as a charge to cover the services you are using whilst being an FXIFY™ trader. This includes but is not limited to, the Meta trader services and the services of the broker. The good news is that you cannot lose more than this fee as any potential losses on the FXIFY™ Account are covered by us. On top of that, the fee is always reimbursed back to the trader and is available with his/her first performance Split from the FXIFY™ Account. The FXIFY™ programme is a highly valued service we offer, and therefore it is reasonably priced.