When pass a prop firm challenge, you can get access to a funded trading account. This is when the prop firm provides you with its capital to trade for a split of the profits. If you are a consistent trader with good money management, any profits that you make are shared between you and the prop firm. This means that many prop traders look for prop firms with a high profit share. After all, the larger the profit split, the more money you can make if you have a successful trading strategy.
Whilst it may be tempting to simply go with the prop firm that has the highest profit share, there are some other things that you need to look out for when making your decision. There is no point being promised the lion’s share of any trading profits if the proprietary firm wont payout. Other things to consider include the trading platforms, financial instruments, rules, objectives, partner broker and user feedback.