Proprietary trading, or “prop trading,” is quickly emerging as a significant trend within financial domains. The global prop trading industry, valued at USD 6.7 billion in 2020, is anticipated to observe a compound annual growth rate (CAGR) of 4.2% from 2021 to 2028. The burgeoning interest is self-evident, with the search demand for “prop firm” ascending by 8,409% between January 2020 and March 2024.
In line with the growing demand for prop trading and the consequent need for purpose-built software solutions among brokers, B2Broker has launched B2Prop, a highly efficient turnkey solution expertly designed to assist enterprises in creating and developing their proprietary trading firms from inception.
B2Prop is an all-inclusive, challenge-based platform designed for a variety of businesses: prop trading firms, crypto and FX brokers, and multi-asset brokerage houses. The platform enables these firms to diversify their products and expand their customer base. Its development has been influenced by industry-leading practices with a key emphasis on client needs.
B2Prop allows companies to build custom trading challenges focusing on unique metrics such as profit goals, risk limitations, and performance standards. These challenges may be multi-level and offer support for a variety of currencies. Notably, B2Prop does not levy supplementary fees based on the number of challenges, accounts or stages involved.
Successful traders surpassing these challenges are awarded access to funded accounts paired with lucrative profit-sharing models, typically enabling them to retain 70-80% of their trading profits.
B2Prop integrates seamlessly with premier trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader. There are also plans to introduce B2Trader, TradeLocker, and others shortly. Additionally, it offers powerful dashboards that facilitate businesses to track traders’ metrics from registration to the funded accounts stage, confirming alignment with customer needs.
