Forex Broker & Prop Firm – Behind The Scenes
In episode 318 of the Desire To Trade Podcast, I interview Justin Hertzberg and discuss everything about Forex brokers and prop firms. You'll get to see the behind-the-scenes of how brokers operate and how prop firms are established to give capital to aspiring traders.
In This Episode, You'll Learn…
- 0:15 Intro
- 0:43 What has changed with Justin since the last interview
- 6:40 What are the ongoing trends with forex brokers
- 8:13 What platforms are brokers moving to
- 10:33 Evolution of Algo trading
- 11:56 Where Justin sees regulations going in the industry
- 14:21 What to consider when looking at unregulated brokers
- 16:39 Is it ok to trade with the “offshore” entity of a regulated broker?
- 19:09 How online prop firms work
- 22:01 How Justin's company is changing the online prop firm landscape
- 25:12 Where does the capital from Online Prop Firms come from
- 27:08 How Online Prop Firm manage their evaluations
- 29:24 How Online Prop Firms manage what assets they offer for trading
- 30:47 Where to find Justin Hertzberg
- And much more!
What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
DesireToTRADE's Top Resources
- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- Recommended brokers:
- Desire To TRADE Academy
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Where to find Justin Hertzberg!
What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!