What Are Prop Firm Passing Services?
Prop firm passing services are akin to having someone else take an exam for you via proxy. Traders pay a fee to a seasoned trading professional to complete all the evaluation phases on their behalf. These seasoned traders will fulfil the profit target requirements while adhering to the drawdown limitation and the maximum drawdown limitation while simultaneously not violating any other rules and regulations that may be in place by that particular prop firm.
This notion of guaranteed success has unfortunately tempted several traders to opt for this approach in passing the prop firm challenge accounts. This is however only to the detriment of both the prop firm and the trader; The trader is left unprepared for the live markets and often lose their funded account almost immediately whereas the prop firm incurs higher amounts of losses due to allocating their own capital to these untrained and unprepared traders.
The Ethical Dilemma
Trading is a discipline built on three key principles - integrity, responsibility, and accountability. Engagement in these crop firm passing services totally invalidates these principles as traders who employ these services compromise their own learning and undermine the achievements of genuine traders who have put in the time and effort to truly become a season trader. Simply put, traders who employ prop firm passing services are cheating; cheating the firm and more importantly cheating themselves!
Traders who have made use of these services have no concept of risk management and are severely lacking in true trading skills. This is why the majority of prop firms outright ban and penalize traders who are found guilty of making use of these prop firm passing services.
Genuine Growth: The Evaluation process
We at The Talented trader encourage our traders to think of the evaluation process as an opportunity to up skill themselves in the field of trading and to truly grow as a trader. We offer immense support to traders through every step of their trading journey with us. Sensible traders who are truly interested in prop trading will make best use of these resources and guidance to achieve personal trading growth rather than to resort to cheating.
The Talented Trader does not permit the use of these prop firm passing services in any way, shape or form. Traders who are serious about trading will find that the facilities offered by us make the need for these services redundant.
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