Proprietary trading firms focus on trading their own capital rather than client funds, and some of these firms specialize in cryptocurrency trading, making them appealing to traders interested in digital assets. In the United States, several crypto prop trading firms offer opportunities for traders to work with these firms under different conditions.
FTMO: Known for its funding challenges, FTMO offers opportunities for traders to prove their skills and potentially manage significant capital. While originally more focused on forex, they now include cryptocurrencies in their asset offerings.
Topstep: While predominantly a futures trading firm, Topstep has shown interest in expanding its offerings to include more digital assets, making it a potential option for crypto traders in the future.
Three Arrows Capital: Although based outside the United States, they have been involved in crypto and blockchain investments, and gig-economy-like trading environments, offering prospects for those interested in crypto.
GSR: This global trading and investment firm specializes in crypto trading and is known for providing liquidity in the market, potentially offering opportunities for traders with a strong track record in crypto markets.
Cumberland DRW: Part of the DRW Trading Group, this firm focuses on cryptocurrency trading and market making, providing avenues for skilled traders to engage with crypto markets under a sophisticated infrastructure.
Before considering a prop firm, ensure that their operations comply with US regulations, especially as crypto regulations evolve. It’s crucial for traders to understand the terms, including profit-sharing agreements, fees, and any requirements tied to trading performance.
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