Unicorn Forex Broker’s Prop Trading Tournament

How Can Prop Trading Multiply their Income?

Prop trading, or proprietary trading, is a trading method where the trader does not trade on their own capital but receives capital from another person or company. The goal of this trading method is capital growth, and the trader receives a portion of the profits as compensation based on their performance.

Therefore, a prop trader is someone who trades on the capital of another person or company and receives a portion of the profits based on their performance.

Benefits of Using Prop Trading

Stress-Free Trading

The most important advantage of trading in prop accounts is the lack of stress from losing your own capital. For this reason, traders can focus more on their trades.

Cost Reduction

In addition to reducing costs for traders, prop trading also has this advantage for investment companies. This is because prop accounts are regulated, and all profit and loss calculations are done automatically and online, so there is no need for expenses like providing physical office space for trading.

Increased Profitability

Having a high balance in the account increases the possibility of higher profitability. Since most of the profit belongs to the trader, it is considered an excellent way to earn income in dollars.

In the Unicorn Broker Prop Tournament plan, traders are provided with the opportunity to take advantage of the special conditions of prop trading accounts. All traders who fund their live accounts with $100 or more by the end of 15th the month, can participate in the Unicorn Forex Broker’s Prop Tournament without a lottery draw and receive a prop account as a gift.

Competition Entry Conditions:

• Be sure to fund your trading account with $100 or more by the end of 15th of the month and trade 0.5 lots for every $100.
• On 15th, log into your user cabinet to receive your prop tournament account.
• Until the end of 30th of the month (server time), you have the opportunity to overcome the prop challenge and receive a prize from us, a live prop trading account.