Cryptocurrency Q&A
Do you have to pay prop firms back?
Do you have to pay prop firms back?
GalaxyGlider
Tue Dec 10 2024
|
7 answers
1632
I'm wondering if there's an obligation to repay prop firms. Are there any financial commitments or repayment requirements associated with receiving funding or support from these entities in the trading industry?
7 answers
Martina
Thu Dec 12 2024
The only financial commitment you make is the fee paid to attempt the challenge or open the account.
Was this helpful?
108
52
benjamin_rose_author
Thu Dec 12 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.
Was this helpful?
154
78
SamuraiHonor
Thu Dec 12 2024
This fee represents your stake in the trading opportunity provided by the prop firm.
Was this helpful?
40
83
SolitudeSeeker
Thu Dec 12 2024
Meanwhile, the prop firm bears the risk of capital they provide for you to trade with.
Was this helpful?
250
91
CryptoPioneer
Thu Dec 12 2024
Trading with a prop firm involves minimal personal financial risk.
Was this helpful?
369
64
Load 5 more related questions
