Prop Weekly
Our weekly newsletter investigates the wild world of prop trading. Subscribe below and get it in your inbox every Friday.

A Prediction Markets prop firm is better than a prediction markets firm
Prediction markets are hard to market and already saturated. Prediction markets prop firms are more attractive as a result.
By David Kimberley

Can prop firms ever escape the doom loop?
Prop firms face a range of pressures that it seems almost impossible to escape from.
By David Kimberley

Meta is targeting prop firms
Meta has killed Instagram and Facebook accounts for several props, as well as stopping them from advertising.
By David Kimberley

Does Hola Prime just invent payout certificates?
Hola Prime’s payouts often seem to involve individuals who don’t actually exist. We investigate.
By David Kimberley

Why is NinjaTrader so into prop trading – and why is it good for the US prop industry?
NinjaTrader now works with 18 prop firms. We look at why and what its partnership with Tradeify and Slay Markets means.
By David Kimberley

Propinder: Prop traders average 4 day pass time, 10k accounts most popular globally
We talk to FXStreet’s Co-CEO Javier Hertfelder about why they expanded into prop and what traders in the space are doing.
By David Kimberley

Prop firms are not blocked in China
Prop firms could take a lot of market share if they don’t get blocked by the great firewall.
By David Kimberley

REAL prop trader interview (and why he chose FundedNext)
We talk to a UK-based prop trader and find out why he trades with FundedNext.
By David Kimberley

How is Lucid Trading so big with no ad spend?
Lucid Trading spends nothing on marketing. So how do they get more traffic than any other prop firm in the industry?
By David Kimberley

How does FTMO make money?
FTMO pays out to approximately 3.7% of traders in order to make its profit margin.
By David Kimberley

Why did FTMO switch from funded accounts to simulated rewards?
FTMO has suddenly switched how it defines its payouts. We look at why.
By David Kimberley

How a real prop trader launched the prop firm Pipster
Prop firm Pipster is live. We talk to the company’s Co-Founder Cormac Munnelly about why he started the company.
By David Kimberley

For Traders launched the first prop firm prediction market – how does it work?
For Traders is running a beta test of the first prop firm prediction markets product. We take a look at how it could work.
By David Kimberley

Are prop firms going to start capping payouts?
Prop firms have suffered over the last couple of months. Capping payouts is one way to make the model sustainable.
By David Kimberley

Goat Funded Trader is no.1 in AI search – other big sites are missing
GOAT Funded trader is killing it in AI search. We look at where and how.
By David Kimberley

Is FundedNext the biggest prop firm in 2026?
FTMO was long number one. But payout data and FTMO’s own behaviour suggest FundedNext may be taking the top spot.
By David Kimberley

Why did Seacrest Markets stop prop trading?
Prop firms are shorting volatility. It’s the industry’s main problem and why it could ultimately kill it.
By David Kimberley

Will Patrick Wieland have to pay Topstep $5m?
Patrick Wieland is going to get cooked by Topstep.
By David Kimberley

Why did FundingPips shut down FundingTicks?
Gold, loose challenge rules, and the idiosyncrasies of futures may have all made FundingTicks a loss-making business.
By David Kimberley

Three things that can kill prop firms in 2026
Google Ads, regulation, and gold are all setting up to make 2026 a potentially huge year for the prop trading space.
By David Kimberley