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Date/Time: Thu, 21 Nov 2024 17:35:33 +0000



Post From: Prop firms moving away from Rithmic

[2024-10-14 12:47:30]
ivory - Posts: 95
For now I'm doing like everyone, using Rithmic so my choice of prop firms is limited and now like someone was saying before prop firm are moving aways from Rithmic so choice is limted.

Btw. I would encourage you and everyone using these firms to consider just trading micros. I know they make their services look appealing with low monthly costs, theoretical ability to use high leverage, and potentially large pay outs, but in practice I found that trading with them, regardless of chosen platform, is full of issues beyond one's control. I can't begin to describe how many various glitches I have experienced with these firms. Whether it was Rithmic, Tradovate, or TopStepX, there were always issues and never ending conversations with support, account resets and all that nonsense. Even when things are "working", the simulated fills all these firms use are much worse than real fills you would get by trading through an actual broker. As an experiment I am still using Rithmic, but with an actual broker and with real fills. It works much better. I would not be surprised if eventually these firms get investigated, fined, and banned. Those firms are bucket shops of the XXI century.