As a growing Trader in Nigeria 🇳🇬? I'd say Prop-Firms all the way! Took me about 2years to get funded ($10,000), but it's been over a year now & I still have my initial account, reinvested & purchased two more. That's how I make consistent income.
Obviously prop firms, trading 300k at 22 is mentally disgusting but when you trade 6 50k accounts, not a single worry in the world, especially once you’ve already been profitable for 1-2 years, this is a cheat code.
@slimypolo it's simply because they present it as 200k account but You can stake like only I.e 80 lots. That's like 8k buying power. And then you get paid out 80% of profits, so 0.8×8k=6.4k.
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Which do you prefer prop firms or personal accounts? 👀
As a growing Trader in Nigeria 🇳🇬?
I'd say Prop-Firms all the way!
Took me about 2years to get funded ($10,000), but it's been over a year now & I still have my initial account, reinvested & purchased two more.
That's how I make consistent income.
Obviously prop firms, trading 300k at 22 is mentally disgusting but when you trade 6 50k accounts, not a single worry in the world, especially once you’ve already been profitable for 1-2 years, this is a cheat code.
Always choose leverage bro, always really in every realm
Can you suggest a good propfirm?@@might1988
Both
200k account is like 6k to 16k account so I don't know what he's talking about
I dont know how trading works but 16k for 200k leverage doesnt sound real
@slimypolo it's simply because they present it as 200k account but You can stake like only I.e 80 lots. That's like 8k buying power. And then you get paid out 80% of profits, so 0.8×8k=6.4k.