Explore How We Test

Ask Prop Firms Methodology

 

Ask Prop Firms is an online prop trading company reviews platform. We focus on reviewing the leading companies within the prop trading industry by including all the most critical aspects. Our priority is to provide you with accurate information and ultimately help you find the Proprietary Trading Firm that will suit your personal requirements.

 

We review each Proprietary Trading Firm based on the exact same criteria to evaluate all the necessary aspects of each company perfectly.

 

Evaluation Formula

 

We evaluate four critical aspects of each Proprietary Trading Firm.

 

Reviewed AspectsExplanation of Importance
Pricing

We meticulously assess the fees imposed by each proprietary trading firm as an integral component of our evaluation procedure. This involves conducting a comprehensive review of any fees associated with challenges. The importance of this evaluation lies in providing prospective traders with a transparent comprehension of the financial commitments linked to trading with a particular firm. Through diligent fee scrutiny, we empower traders to make informed choices, ensuring they align with a proprietary trading partner that suits their financial goals and preferences.

Trading Objectives

As part of our assessment process, we systematically analyze the objectives of each proprietary trading firm, recognizing it as a fundamental aspect. This entails a thorough examination of their mission, trading objectives, and adherence to regulatory guidelines. The significance of this evaluation is in furnishing prospective traders with a comprehensive insight into the firm’s strategic vision and dedication to ethical and regulatory compliance. Through meticulous scrutiny of these factors, our aim is to help traders align themselves with firms that share compatible objectives, thereby nurturing a transparent and trustworthy trading environment within the dynamic realm of proprietary trading.

Community Feedback

We systematically assess community feedback for every proprietary trading firm, a pivotal phase in our evaluation process. This entails scrutinizing reviews, testimonials, and discussions across platforms to grasp users’ direct experiences. Such analysis yields valuable insights into the firm’s dependability, customer service, and performance, equipping prospective traders with varied viewpoints. By incorporating community feedback, we enhance our evaluation, facilitating well-informed decisions grounded in shared experiences within the trading community.

Customer Support

We comprehensively assess every customer support channel through firsthand interactions conducted at various times. This thorough evaluation covers a range of communication mediums including live chat, social media platforms, email, and phone. Our meticulous testing ensures a comprehensive understanding of responsiveness, effectiveness, and the overall quality of customer support services across diverse channels.

 

 

Our values

 

Ask Prop Firms’ primary mission is to provide assistance to traders who are looking to find a reliable Proprietary Trading Firm. Our review process is built on the following aspects:

 

  • 1. Devoted to upholding unwavering integrity, we function autonomously to ensure that our ratings remain uninfluenced by any connections with proprietary trading entities.
  •  
  • 2. We uphold uniform criteria in assessing proprietary trading firms, delivering entirely impartial evaluations of the industry’s most trustworthy prop trading organizations.
  •  
  • 3. With a focus on transparency, our ratings are exclusively based on our firsthand encounters with the proprietary trading firms being evaluated.
  •  
  • 4. As mentioned earlier, our comprehensive reviews are rooted in the firsthand experiences of our analysts, demonstrating that we compile the reviews by actively trading with each specific prop trading company.

 

 

We are eager to hear your feedback! Let us know if you have questions or remarks about our reviewing

methodology. Get in touch at support@askpropfirms.com.