Forex Prop Reviews has emerged as one of the main review and affiliate sites in the prop trading industry.
So I figured it would be interesting to catch up with company Founder Urban Stamcar and see what is going on in this fast-growing sector.
How did you get into the prop space?
I’ve been involved in the trading and business space for years, as I started trading when I was 15 years old, but my entry into the proprietary trading sector came in 2013 with TopstepTrader and then continued with BluFX in 2015.
I became one of the biggest affiliates of BluFX and quickly identified a gap in transparency and quality information about prop firms. I saw that many traders struggled to find unbiased, in-depth reviews of prop firms, which led me to create Forex Prop Reviews (FPR).
From there, I expanded into other areas of the industry through Forex Solutions Holding (forexsolutions.io), which oversees multiple brands catering to traders, investors, and businesses in the forex space. This includes brands like ForexAnalysis.com, ForexADS.net, ForexEACoder.com, and others, providing advanced trading tools, market analysis, business opportunities, and industry recognition.
How has Forex Prop Reviews evolved, and what role does it play in the prop trading industry today?
Forex Prop Reviews was the first dedicated review portal for prop firms, much like how Tesla pioneered the electric car industry. When I launched the platform, there was no centralized, unbiased source where traders could compare prop firms, evaluate their credibility, and access transparent information. My goal was to create a trusted resource that would help traders make informed decisions and push prop firms to maintain high standards.
Over time, FPR has evolved beyond just reviews. Today, it serves as a key industry hub, providing in-depth firm comparisons, exclusive promotions, industry news, and community-driven insights. By maintaining neutral and honest evaluations, Forex Prop Reviews continues to set the standard for transparency in the prop trading space, shaping how traders engage with prop firms worldwide.
You have a lot of other brands, what are the main ones there?
Beyond Forex Prop Reviews, I operate multiple key platforms under Forex Solutions Holding, which encompasses over 50 brands in the forex industry. I am directly involved in the development and management of these platforms, ensuring they provide innovative tools, marketing solutions, and automation technologies that enhance trading and business operations.
- ForexAnalysis.com – A premium subscription service offering proprietary indicators, real-time market analysis, and advanced trading tools to help traders refine their strategies.
- ForexAds.net – A targeted advertising network connecting forex-related businesses with highly engaged audiences, helping brokers, prop firms, and trading services maximize their reach.
- ForexEACoder.com – A specialized platform for developing custom Expert Advisors (EAs) and automated trading algorithms, enabling traders to optimize and automate their strategies.
Each of these platforms plays a vital role in shaping the forex industry, and through Forex Solutions Holding, I continue to drive innovation, efficiency, and transparency for traders and businesses worldwide.
Did you create FXAN (forexanalysis.com) technology yourself or with a partner? What has uptake for the product been like?
I co-founded ForexAnalysis.com with an equal 50-50% business partner, and while we had a team assisting with development, we remain the sole owners of the brand. As the CEO of FXAN Group (the company behind FXAN algorithms), I have led the brand’s growth, ensuring it delivers high-quality, data-driven insights for traders.
We spent three years perfecting the algorithms and over two years securing the ForexAnalysis.com domain, now recognized as the 5th most valuable domain name in the forex industry. You can just imagine how much money and time we invested to bring this brand to life.
We are now expanding ForexAnalysis.com through partnerships with other companies in the trading space. Just this week, we closed a collaboration with the well-known prop firm City Traders Imperium and also launched our first FXAN algorithm on the TradeLocker platform, marking another major step in growing the brand and its reach. The brand continues to be well received, with traders valuing its advanced indicators, real-time market analysis, and unique trading tools that enhance decision-making and strategy development.
You have worked closely with prop traders. In general, what do you think they are looking for? What attracts them to prop firms?
Prop traders are primarily looking for fair rules, high profit splits, and realistic trading conditions. They want transparent evaluation processes, reliable payouts, and minimal restrictions that allow them to trade effectively. A good prop firm provides a scalable path for traders to access more capital and grow their careers without risking personal funds.
Traders are particularly attracted to firms that offer flexible trading conditions, strong risk management tools, and fast withdrawals. Supportive environments, such as educational resources, advanced trading platforms, and competitive profit splits, also play a crucial role in their decision-making.
To help traders gain an edge in the markets, we have developed FXAN algorithms, which are now being integrated into prop firms. This allows firms to offer their traders powerful tools that can improve their trading performance and decision-making.
I believe that soon there will be a new trend where only firms that genuinely prioritize their traders’ success will survive. With that being said, if your prop firm has FXAN algorithms that help traders, you are already on the right track.
From the point of view as a partner, what separates good from bad?
From a partner’s perspective, the difference between a good and bad prop firm comes down to transparency, trader support, and long-term vision.
A good prop firm prioritizes fair trading conditions, realistic challenges, and reliable payouts. It focuses on helping traders succeed rather than just selling challenges. These firms are well-capitalized, have clear risk management policies, and continuously improve their offerings to stay competitive. They also invest in trader resources, such as education, advanced tools, and support systems, ensuring their traders have the best chance of long-term profitability.
A bad prop firm, on the other hand, is often focused purely on making money from challenge fees rather than actually funding profitable traders. They may have unrealistic rules, hidden fees, slow payouts, or poor customer support, leading to a negative experience for traders. Many of these firms operate in an unsustainable way, which often results in bad reputations, loss of credibility, or even sudden closures.
As the industry evolves, only the firms that genuinely support traders and offer valuable tools will survive. That’s why we are integrating FXAN algorithms with prop firms—to ensure that firms prioritizing trader success have an edge in the market.
How do you see the prop industry changing in the 12 – 18 months ahead?
The prop industry is evolving rapidly, and over the next 12 to 18 months, I expect significant shifts that will reshape the landscape.
One of the biggest changes will be increased regulation. As prop trading gains more mainstream attention, authorities will likely step in to introduce compliance measures, ensuring firms operate transparently and fairly. This will push out many unsustainable or poorly structured firms, leaving only those with strong financial backing and trader-friendly models.
Another key trend will be the consolidation of the industry. In the long run, only a few prop firms will survive, and most of them will be broker-backed. Broker-backed firms have a strategic advantage—they are better capitalized, have access to deeper liquidity, and can offer more competitive trading conditions. Independent firms that fail to adapt will likely struggle or disappear.
Additionally, technology will play a crucial role in shaping the next generation of prop firms.
Overall, the future will belong to transparent, well-funded, and trader-focused firms that prioritize long-term sustainability over short-term profits.
Will you expand more into the prop or broker space yourself?
I have never considered creating a prop firm, and most likely, I never will. As the owner of Forex Prop Reviews, the most prestigious and trusted prop firm review portal, I am committed to maintaining complete neutrality and avoiding any conflicts of interest. My goal has always been to provide transparent, unbiased insights into the industry, and operating a prop firm would compromise that integrity.
Regarding the broker space, we are already working on FXAN Markets and will most likely launch it this year. This will allow us to bring better trading conditions, transparency, and innovation to traders while aligning with our long-term vision for the industry.
