PROP FIRMS AND FOREX FUNDING WILL DIE! (PYRAMID SCHEMES)

Forex funding and Prop trading has been a great tool for people to use in order to gain the capital that is required to make big profits from trading.

If you know how to trade forex then you will understand that these firms are no doubt a great opportunity to utilise the capital they provide to your advantage. FTMO and the 5%ers are well known for the huge profits they have paid out to there members who chose to learn to trade and have an edge in the forex market enabling them to make money from anywhere in the world effectively.

Its not all sunshine and rainbows as you probably would like to know how many people fail the ftmo challenge, this video shows an interview where an FTMO board member states that 92% of traders fail the FTMO challenge. to me it is very clear that this 92% are paying out the winning forex traders who are made up of a small 8%.

To me it seems that at this point the losing forex traders and paying out the winning forex traders and as soon as that capital stops coming in from the people taking failing challenges, the companies will no longer have the capital to pay out the winning traders.

Unfortunately this is the truth about forex trading and the truth about forex funding.

Is Forex trading possible? absolutely, but these statistics show why forex trading is so difficult.

forex is not a scam and forex funding is not a scam but they are not going to stay forever.