B2Broker Launches B2Prop - A Turnkey Solution to Start a Prop Trading Firm

July 9, 2024—Proprietary trading, also known as prop trading, is quickly becoming a trend in the financial market. After being a niche practice

Proprietary trading, also known as prop trading, has quickly become a trend in the financial market. Being once a niche practice, the global prop trading industry, valued at $6.7 billion in 2020, is predicted to grow at a compound annual growth rate (CAGR) of 4.2% from 2021 to 2028. In response to traders’ growing demands for prop trading and the rising need for a sophisticated solution among brokers, B2Broker has launched B2Prop - a powerful and advanced turnkey solution created to help businesses create and launch their prop trading firm from scratch.

B2Prop offers a comprehensive challenge-based solution for various types of businesses - prop trading firms, crypto and Forex brokers, and multi-asset brokerage houses - to improve their portfolio with a new product and reach a broader audience. The development process was based on best practices and with attention to brokers’ needs.

B2Prop enables businesses to create personalised trading challenges that set specific metrics like profit targets, risk limits, and performance benchmarks. The challenges can be multi-step and support multiple currencies, allowing clients to trade in different currencies. More significantly, B2Prop does not impose extra fees based on the number of challenges, accounts, or steps involved.

Traders who successfully pass these challenges gain access to funded accounts with appealing profit-sharing models that allow them to keep 70-80% of their trading profits.

B2Prop integrates smoothly with industry-leading trading systems like MetaTrader 4, MetaTrader 5, and cTrader, with plans to add B2Trader, TradeLocker, and more in the near future. It also provides powerful dashboards that allow businesses to monitor trader metrics from registration to the stage of the funded account, ensuring that the solution is effective and aligned with the business requirements.

Here is a closer look at how B2Prop can help businesses create multiple revenue streams:

Challenge Fees: Companies can generate revenue from the fees charged to traders for participating in proprietary trading challenges. When traders fail to meet the challenge criteria, they can make multiple attempts to repurchase and pass the challenge, boosting the company's income stream.

Adjustable Profit Sharing: Only top-performing traders who successfully complete the challenges gain access to funded accounts. The company sets the capital for these accounts while retaining a share of the profits generated through the traders' activities, typically ranging from 20% to 50%.

Flexible Trading Conditions: Brokers can tailor trading conditions, such as commissions, to their benefit. Companies can set higher commissions, which reduces the profits on funded trader accounts, resulting in lower payouts for the company while still benefiting from the difference.

Copy Trading: B2Prop is seamlessly integrated with B2Copy - B2Broker's powerful copy trading platform. This opens up an additional revenue stream for businesses. Funding limits on trader accounts are flexible, and the company can copy the strategies of successful traders into its accounts. This lets the company make extra profits without having to pay those traders.

B2Broker’s B2Prop turnkey package is a complete solution for businesses to build a successful prop trading firm. At the core of the package is B2Core CRM, where new traders register, buy prop trading challenges, monitor their performance, and manage payments. It supports integrations for payment services, KYC solutions, introducing broker platforms, and more.

The package also includes the white-label cTrader platform, which is customised for prop trading firms and combines cTrader's advanced features and utilities with a cost-effective business deployment model. Additionally, B2Prop can be integrated with MT4 and MT5 servers if the company acquires the licence.

Moreover, B2Prop's turnkey package includes B2BinPay, B2Broker’s blockchain platform. B2BinPay facilitates cryptocurrency payments and allows businesses to credit their accounts using crypto coins and stablecoins on 8 blockchain networks. With their accounts funded, clients can then purchase trading challenges. These flexible payments can attract a broader range of traders.

Another vital part of the package is B2Copy, a copy trading platform from B2Broker that allows firms to mirror the strategies of successfully funded traders directly into their own accounts. This means extra profits without having to pay those traders.

The B2Prop turnkey package provides a transparent pricing model with three different monthly plans:

B2Prop Lite: Starting at $2,500 per month for up to 250 traders and 500 challenges.

B2Prop Standard: Starting at $7,500 per month for up to 1,000 traders and 2,000 challenges.

B2Prop Pro: Starting at $12,500 per month for an unlimited number of traders and challenges.

B2Broker has seamlessly integrated B2Prop into B2Core. Admins can access the Prop Trading page under the Investment Platform menu in the admin panel. This dedicated section contains the