Prop trading firms face unique challenges.
They need to identify talented traders, protect their capital, and create efficient systems that scale. It’s like walking a tightrope.
Prop trading firms give traders their money and hope prop traders make profit. No surprise that around 80 to 100 proprietary trading firms disappeared from the market in 2024.
But this risk, when done right, can pay off big. That is why many prop firms rely on solutions like Brokeree’s Prop Pulse to manage prop trading. Previously limited to MetaTrader brokers, this comprehensive prop trading solution has expanded to meet the needs of firms using Spotware’s cTrader.
Prop Pulse on cTrader offers specific advantages that address these needs. In the next section, we’ll dive into the details.
5 Ways Prop Trading Firms Can Benefit from Prop Pulse on cTrader
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Better Risk Management on cTrader
When traders use your capital on cTrader, every position they open carries risk. Prop Pulse adds critical safeguards to cTrader’s native functionality.
The platform allows you to set flexible thresholds that automatically close positions when traders hit predefined risk levels. For instance, if a trader exceeds their maximum daily loss limit, Prop Pulse will immediately close their positions and set their account to “Read Only” status. This prevents further losses without requiring manual intervention.
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Multi-Stage Challenges Tailored for cTrader Traders
cTrader is known for its advanced trading features and appeal to sophisticated traders. Prop Pulse lets you create evaluation challenges designed explicitly for this trader demographic.
You can build challenges and set objectives around trading precision, timing, and execution quality.
Prop Pulse supports unlimited challenges with up to 20 trading objectives per step. This means you can progressively test traders on increasingly complex strategies. For example, you can create the first challenge phase to focus on basic profitability metrics. As the trader advances, you could test specific skills like algorithmic trading.
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Performance Monitoring
Now, cTrader brokers can monitor the performance of prop traders using the Ratings Module that integrates with Prop Pulse. This powerful combination gives you comprehensive visibility into your trading operations.
The administrator evaluates traders’ performance with the help of built-in statistics from the Ratings Module. They get access to critical metrics directly from their Admin Home Page, including registration dynamics, new sign-ups, estimated earnings from challenge fees, active partnerships, profit shares, and overall trader activity.
For each challenge plan, administrators can track a month’s registrations, completed challenges, failed attempts, and active participation. This clearly shows which challenge plans are most effective at attracting and qualifying traders.
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Creating New Revenue Streams
By implementing Prop Pulse with cTrader, you can open up additional revenue opportunities beyond traditional trading fees.
Many successful prop firms charge entry fees for their trading challenges. With Prop Pulse, you can easily set up paid challenges on cTrader that generate revenue before traders even qualify for a trader-funded account.
The profit-sharing mechanism creates another income stream when traders succeed and move to funded accounts. Prop Pulse manages this automatically, calculating profit splits based on your predetermined agreements.
This dual revenue approach–challenge fees plus profit sharing–can significantly increase your bottom line while using cTrader’s existing popularity among prop traders.
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Attracting Top cTrader Talent
cTrader has a dedicated following among certain trader demographics, particularly those who value its advanced charting, level II pricing, and algo-trading capabilities.
By offering a structured path to funding specifically for cTrader users, you tap into this skilled trader community. Prop Pulse helps them create a compelling proposition for these traders with their preferred platform, clear objectives for earning funded accounts, a transparent evaluation process, and potential for substantial capital allocation.
This targeted approach helps you stand out among other firms that only offer MetaTrader options.
Is Prop Pulse Right for You?
If you’re planning to start a prop trading firm or looking to add more services, Prop Pulse can make a real difference. It helps you find the right balance between risk and opportunity, between automation and human judgment.
The most successful prop firms identify skills, manage risk, and create long-term partnerships. Prop Pulse gives you the foundation for that approach.
The prop trading market continues to grow, increasing competition for traders and capital. Technology that enhances your operational efficiency while protecting your capital gives you a crucial edge in this market.
