Forex What Happened to the Prop Firm Industry?

moonchild

VIP Contributor
I remembered vividly when the prop firms came out a lot of people were happy, and there were a lot of posts about them on social media, alas, it turns out a lot of them are scams and they only fleece people their resources, CFTC got involved and most of them were exposed.

These days most people are trading their live accounts with normal brokers like it used to be me, this opened my mind about shiny object syndrome, a lot of programmes out there are not what they seem, if you dig deeper you'll just find out it's another guy trying to get rich off others.

What's your opinion about the demise of prop firms, how did it affect you as a person.
 
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