A Forex prop firm specializes in providing capital to traders who focus on the foreign exchange market. These firms typically evaluate traders through a challenge or evaluation process, where traders must demonstrate consistent profitability and risk management skills. Once funded, traders can access substantial capital to trade Forex with a profit-sharing agreement. Popular Forex prop firms include FTMO, MyForexFunds, and The5ers, which offer different funding models and trading conditions. Forex prop firms give traders the opportunity to leverage their skills without risking personal capital, making them an attractive option for experienced Forex traders looking to scale their trading business.

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