Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more ›
Proprietary trading, also known as “prop trading,” is a rapidly growing trend in financial markets. To meet the increasing demand for prop trading among traders and the need for specialized software solutions among brokers, B2Broker introduced B2Prop—a robust, all-encompassing turnkey solution designed to help businesses establish and expand their proprietary trading firms from scratch.
Exploring B2Prop – Prop Trading Solution
B2Prop is a sophisticated and challenge-based solution catering to various businesses such as prop trading firms, crypto and FX brokers, and multi-asset brokerage houses, allowing them to diversify their portfolios and tap into new markets.
Developed with a focus on brokers and their users, B2Prop empowers businesses to create customized trading challenges with specific metrics like profit targets, risk limits, and performance benchmarks. These multi-step challenges support multiple currencies without extra fees based on the number of challenges, accounts, or steps.
Successful traders can access funded accounts with profit-sharing models, enabling them to retain 70-80% of their trading profits. B2Prop seamlessly integrates with leading trading software like MetaTrader 4, MetaTrader 5, and cTrader, with plans to add B2Trader, TradeLocker, and other platforms. The solution offers robust dashboards for monitoring trader metrics from registration to funded accounts, ensuring efficiency and alignment with unique business needs.
Facilitating Multiple Revenue Streams Generation
B2Prop provides businesses with multiple revenue channels, including:
Trading Challenge Fees—Earning by charging participation fees for proprietary trading challenges, and allowing traders to attempt challenges multiple times to increase company income.
Profit Sharing—Successful traders gaining access to funded accounts, with the broker retaining 20-50% of profits generated by traders.
Customized Trading Conditions—Companies can adjust trading conditions, such as higher commissions and reduced payouts, while benefiting from the profit difference.
Copying Successful Strategies—Integrated with B2Broker’s B2Copy, B2Prop enables companies to replicate successful traders’ strategies without paying them, generating additional income.
B2Prop Turnkey Package: Offering Everything a Prop Firm Needs
The B2Prop package from B2Broker is a comprehensive solution for businesses looking to establish a successful prop trading firm.
Central to the solution is B2Core CRM, where new traders sign up, purchase prop trading challenges, track their performance, and make payments. The package also includes the white-label cTrader platform, custom-tailored for prop trading brokers, integrating advanced features with a cost-effective deployment model. Additionally, B2Prop is compatible with MT4 and MT5 trading software if the business holds the necessary licenses.
The turnkey package includes B2BinPay, B2Broker’s blockchain and crypto platform, facilitating crypto payments and allowing users to fund their accounts using various coins and stablecoins across 8 blockchains. This personalized experience can attract more traders to the platform.
B2Copy is another essential component of the package, offering a copy trading solution that allows firms to mirror successful traders’ strategies directly into their accounts, generating additional profits without paying these traders.
The B2Prop turnkey package features three transparent monthly pricing plans.
Managing Challenges in B2Prop via B2Core
B2Broker has seamlessly integrated the B2Core platform into B2Prop, enabling admins to access the Prop Trading section under the Investment Platform menu in the admin panel. Here, admins can create and manage prop trading challenges through the Challenges List page.
When creating new challenges, administrators need to name and describe the challenge, set parameters such as plans, steps, account settings, performance metrics, fee amounts, disqualification rules, and more. Admins can monitor participants’ progress, track active and past accounts, and create funded accounts for successful participants.
On the front end, traders can view available challenges, join with a single click, pay entry fees, and track their progress, metrics, and trading summaries with P&L and volume details.
Traders receive email notifications upon challenge completion, providing details about their prop trading accounts and access to past challenge results and trading data.
Levelling The Turnkey Solution Game Up!
The introduction of B2Prop showcases B2Broker’s commitment to delivering innovative tech and liquidity solutions that brokers need, solidifying its position in the ready-to-use solutions industry.
The new B2Prop turnkey solution offers an excellent platform for creating successful prop trading firms, managing challenges, and exploring multiple revenue streams.
