published-date Published: August 27, 2024
update-date Last Update: September 11, 2024

How to Start a Prop Trading Firm: A Simple Guide

If you’re an experienced trader, you know the value of discipline and smart risk management. Starting your own prop firm lets you use this expertise to create new income streams and build a scalable business.

Instead of relying on spreads and volume, you can earn by creating and managing trading challenges you control. You design the rules, set the goals, and work with traders who have the potential to generate real profits.

By building a community of skilled traders, you stay active in the market while driving consistent growth. Ready to take the next step? Start here.

Step 1: Prop firm white label

Once you’ve signed up, we will be right there with you, guiding you through each phase of the onboarding process. This isn’t just basic support—we offer a detailed plan to help you understand how to run a prop firm successfully. We’ll provide the tools, knowledge, and strategies you need to thrive in this competitive arena.

We will show you the methods that successful firms use to turn potential into performance, and how to leverage your new platform for maximum return on investment. So, this first step is crucial, as it sets the foundation for your success.

prop firm with tradelocker

Step 2: Set up Admin Portal and Traders Portal

The Admin and Trader Portals are essential tools for your prop firm. They are here to support your traders, streamline processes, and ultimately determine the efficiency and effectiveness of your business.

The Admin Portal is the place where you manage everything: capturing leads, building relationships, and keeping your business running smoothly. The Trader Portal gives your traders access to all the features they need in one place, ensuring they have a great experience with your firm.

With unique admin and trader dashboards, we provide a seamless connection between your clients and your prop firm.

Step 3: Integrate with multiple payment solutions

Our system integrates with multiple payment gateways, making transactions quick, safe, and easy for your traders. It’s all about reducing friction and fostering trust with your clients.

We support payments in both cryptocurrency and credit cards, with options for automated refunds and payouts. This smooth payment process helps build trust, improve conversion rates, and keep your firm profitable.

Minimize costs

We take care of everything in-house, saving you time and money by eliminating the need for multiple third parties. From trading technology, and legalities to branding, marketing, and 24/7 support, we provide everything you need to thrive.

Minimize risks

We provide our clients with a proven all-in-one business solution to fulfill their business goals. Our products and technology are ready to be tailored to any business.

Maximize Revenue

Your business can benefit from discount and promotional campaigns, automated follow-up and reactivation emails, website optimization tactics, lead-generation strategies, and social media marketing to help accelerate revenue.

Step 4: Create email integrations

Through our sophisticated email templates, we automate all your communications.

From welcome emails to reminders and special offers, our templates are designed to capture attention and keep traders engaged. This approach helps build long-term relationships and contributes to your firm’s success.

Step 5: Set up marketing channels

Behind every great success story lies a powerful marketing and growth strategy, the true engine of any thriving business. If you need assistance in crafting your brand’s journey, we can help you create a strong visual identity through cutting-edge website design and development powered by a user-friendly CMS. Together, we’ll ensure your brand not only stands out but excels.

Step 6: Launch & promote

Use your social media channels to effectively promote your prop firm, leveraging our tools to visualize and enhance your marketing efforts.

Prop Trading From TradeLocker

Be one of the first to tap into this emerging industry. We’ll handle the technical side, while you focus on promoting your firm and gaining users.

Open your prop firm in 7 days with TradeLocker.