Are Prop Firms Legit Or Not?
Okay so I'm writing this not for attention but because I'm seeing mixed thoughts on futures prop firms and don't know if they are legit or not.
Half of this subreddit says prop firms are scammers and that they only exist to make money from traders failing the evals and when someone does pass they get rejected payments.
The other half say that its a good thing for people with not alot of capital to trade with and you'll do great if you understand risk management.
I've been trading on and off for about 4 years now both demo and live, But never touched prop firms, so are they actually worth it? or is it all just a overhyped thing.
I was considering TopStep since apparently they have been going for a while and have a apparent good reputation.
Thanks.