Industry Analysis &
Case Studies
In-depth investigative journalism, case studies, and educational analysis about the proprietary trading industry. Educational content for informed traders.
Featured Investigation
Max Loss Manipulation: How Firms Design Violations to Fail You (2025 Investigation)
$1 breach = permanent disqualification. Investigation exposes trailing drawdown traps, commission manipulation, hidden violations, intraday triggers, and why 96% fail from max loss rules designed for failure.
All Articles
11 Articles
Copy Trading Fraud: The 'Funded Trader' Deception (2025 Exposé)
Prop firms claim to copy your trades. They don't. 80%+ use demo-only accounts. Investigation exposes technical impossibility, liquidity constraints, verification fraud, and why paying from challenge fees is more profitable than actually trading.
Regulation Loopholes: How Prop Firms Avoid SEC/CFTC Oversight (2025 Exposé)
100% unregulated industry. Prop firms avoid SEC, CFTC, and NFA oversight using educational loopholes, offshore jurisdictions, and 'own capital' exemptions. $310M CFTC enforcement failed.
The Evaluation Scam: Challenge Phases Designed to Fail (2025 Investigation)
Only 4% pass evaluations, 1% survive long-term. Investigation exposes Phase 2 contradictions, consistency rule traps, 30-day psychological pressure, and reset fee revenue model.
The Affiliate Scam: How YouTubers Profit From Your Losses (2025 Exposé)
YouTubers earn 5-35% commission every time you fail. Investigation exposes undisclosed partnerships, $60k/month earnings, FTC violations, and how influencers are financially incentivized to promote firms with low pass rates.
Trading Rules Exposed: The Impossible Restrictions (2025 Investigation)
Only 4% pass because rules are designed for failure. Investigation reveals the consistency rule punishes good trades, news trading bans contradict evaluations, and hidden violations that guarantee failure.
Simulated vs Live Accounts: Your 'Funded' Account is Fake (2025 Exposé)
95% of funded accounts are simulators, not real capital. FTMO admits: 'demo account with fictitious funds.' Complete investigation reveals which firms lie, technical proof, and how to identify fake accounts.
Prop Firm Payout Denials: Why 99.5% Never Get Paid (2025 Data)
Only 0.3-0.5% of traders actually receive payouts. Investigation exposes denial tactics, KYC traps, and the $10M problem. 1,272 still waiting from The Funded Trader since March 2024.
A-Book vs B-Book Prop Firms: How Firms Profit When You Lose
Explosive investigation reveals how B-Book firms take the opposite side of your trades. 80-95% trader loss rate makes B-Book extremely profitable while creating massive conflicts of interest.
The Real Pass Rates: What Prop Firms Don't Tell You (2024 Data)
Only 5-10% of traders pass prop firm challenges. Investigation exposes the hidden statistics, psychological tricks, and $4,000 average loss per trader that firms don't want you to know.
The 2024 Prop Firm Collapse: How 80+ Firms Shut Down and What Traders Must Know
The largest industry collapse in prop trading history. Complete investigation of 80-100 firm shutdowns including The Funded Trader, SurgeTrader, True Forex Funds, the MetaQuotes effect, and critical lessons to protect your funds.
The MyForexFunds Shutdown: Inside the $300M CFTC Case & Legal Victory
How a federal regulator's misconduct led to the dismissal of fraud charges against one of the industry's largest prop firms. Complete investigative case study.
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