Oct 4, 2021
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.
Earn Cashback on your forex trading (with ForestPark FX)
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!