What is a prop firm?

A proprietary trading firm, or “prop firm,” lets you trade the firm's capital instead of your own. You prove your skill on an evaluation, get a funded account if you pass, and split the profits with the firm, keeping a share of the gains without risking your own money on the trades.

How it usually works

1. Evaluation: you pay a fee for a challenge account with a profit target and rules. Hit the target without breaking a rule and you pass.
2. Funded account: once you pass, the firm gives you an account backed by its capital to trade for real.
3. Profit split: you keep a percentage of your profits, often around 80 to 90 percent, and the firm keeps the rest.
4. Payout: you withdraw your share on the firm's schedule, once you meet its minimum and any consistency rules.

The rules

The rules are how a firm manages its risk, and breaking one can end an account instantly. The common ones are a maximum drawdown (how far your balance can fall), a daily loss limit, and sometimes a consistency rule (no single day making up too much of your profit). Many firms also have rules on news trading, holding overnight, and whether copy trading is allowed at all. Every firm is different, so read yours carefully.

Why traders run several accounts

Because each account is capped, many prop traders run several evaluations and funded accounts at once to trade more size overall. Placing the same trade by hand in every account is slow and error-prone, which is the problem OmenSyncer solves: you trade once and it mirrors that trade across the rest.

Prop accounts in OmenSyncer

In OmenSyncer these accounts are labelled demo, but that doesn't mean fake. A demo account is a real prop firm evaluation or funded account, with real rules and real payouts, just not your own capital at risk. Your personal real money account is labelled live. Track every prop account, its phase, and its rules on the prop-account tracker. Before you copy across firms, check whether your firm allows copy trading.