The State of Prop Trading in 2025 — The Good, the Bad, and the Ugly

Main Topic Notes

Sponsored by Pepperstone

Prop trading is booming in 2025… but it’s also messier than ever.

In this episode, I break down:

  • The reality of the top firms and their business model
  • The rule changes designed to stop both trader and firm scams
  • Why payouts get refused (and how to avoid it)
  • When prop trading makes sense… and when you’re better off going solo

Whether you’re thinking of taking your first challenge or you’ve been trading prop for years, this is the no-BS take you need before risking another penny.