B2Broker Announces the Launch of B2Prop – Prop Trading Firm Turnkey Solution – Brave New Coin

The increase in interest in the prop trading sector is obvious, with even search demand for the term “prop firm” skyrocketing by 8,409% between January 2020 and March 2024.

Therefore, in response to the growing demand for prop trading among traders and the subsequent need for specialised software solutions among brokers, B2Broker introduces B2Prop – a powerful, comprehensive turnkey solution designed to help businesses establish and grow their proprietary trading firms from the ground up.

About B2Prop

B2Prop is a comprehensive challenge-based platform for various types of businesses—prop trading firms, crypto and FX brokers, multi-asset brokerage houses, and more—to expand their portfolio with a new product and reach a broader audience. The development process was based on best practices and with attention to the needs of clients.

B2Prop aids businesses in developing personalised trading challenges to suit their unique needs. They can establish financial targets, determine risk tolerance, and set performance standards. These issues involve multiple steps and can assist individuals in utilising various forms of currency for transactions. Significantly, there are no extra charges from B2Prop based on the number of challenges, accounts, or steps.”

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

B2Prop integrates seamlessly with industry-leading trading platforms like MetaTrader 4, MetaTrader 5, and cTrader, with plans to add B2Trader, TradeLocker, and more in the near future. The solution offers robust dashboards for businesses to monitor trader metrics from registration to funded accounts, ensuring its effectiveness and alignment with customer requirements.

Multiple Revenue Streams for Businesses

B2Prop presents businesses with multiple revenue opportunities:

• Challenge Fees and Profit Sharing

Companies generate revenue through challenge fees charged to traders participating in proprietary trading challenges. Traders who fail to meet the challenge criteria often repurchase and pass the challenge, boosting the company’s income stream.

Also, top-performing traders who successfully complete challenges access funded accounts, with the company providing capital and retaining a share of profits generated through their activities, typically ranging from 20% to 50%.

• Customised Trading Conditions and Copying Successful Strategies

Businesses can tailor trading conditions, such as commissions, to their advantage. Companies can implement higher commissions, reducing the profits on funded trader accounts, resulting in lower payouts for the company while still benefiting from the difference.

B2Prop is tightly integrated with B2Broker’s powerful copy trading platform, B2Copy, which opens up an additional revenue stream for businesses. Funding limits on trader accounts are adjustable, and the company can copy successful traders’ strategies into its own accounts. This lets the company make extra profits without having to pay those traders.

A Turnkey Package You Need to Start a Prop Firm

The B2Prop Turnkey package from B2Broker is a complete solution for businesses to establish a successful proprietary trading firm.

B2Core CRM is the key component of the package. This is where traders sign up, buy prop trading challenges, monitor their performance, and handle their transactions. It also assists in business expansion by collaborating with payment services, KYC solutions, introducing broker platforms, and other resources.

The package also includes the white-label cTrader platform, which is explicitly customised for prop trading firms. It combines cTrader’s advanced features and widespread usability with a cost-effective business deployment model. If the company holds the licence, B2Prop can be integrated with MT4 and MT5 servers.

Additionally, the B2Prop package includes B2BinPay, the blockchain platform from B2Broker. B2BinPay assists individuals in making purchases with cryptocurrency and enables them to deposit funds into their accounts using a variety of coins across 8 different blockchain networks.  Once clients deposit funds in their accounts, they can purchase trading challenges. This convenient payment method may attract traders seeking to engage in transactions.

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

The B2Prop turnkey package offers transparent pricing with three different monthly plans:

Using B2Core to Set Up Challenges in B2Prop

B2Broker has seamlessly integrated B2Prop into the B2Core platform. Administrators can access the Prop Trading section under the Investment Platform menu in the admin panel. In this unique area is a section called Challenges List, where administrators can create new prop trading challenges and manage existing ones.

When creating a new prop trading challenge, administrators first specify the challenge name and description and upload a picture to showcase the challenge on the front end. 

Next, they define the challenge parameters, such as plans, steps, initial account settings, key performance metrics (minimum trading days, maximum loss limits, profit targets), fee amount, fee currency, trading account amount, and trading account currency. Admins can create rules that disqualify individuals who exceed a specific monetary loss threshold in a day.

Once challenges are created, the admin panel allows monitoring of participant progress. It shows a list of active and past accounts with their current challenge status (started, successful, or failed). Upon successful completion, administrators can mark and create funded accounts for those participants.

On the front-end, traders can access a list of challenges accompanied by images and key data. They can quickly sign up for a challenge by simply clicking a button and, if necessary, using their wallet to pay the entry fee.

As traders progress, they can track important metrics like equity, maximum drawdown, number of trades, and more. The platform also provides day-by-day trading summaries with P&L and volume details.

Participants will be sent emails to inform them of the challenge’s completion. The email will contain details regarding their proprietary trading account. Additionally, traders have access to their past challenges, detailed results, and trading data for every account.

Raising the Bar in Prop Trading Technology with B2Prop

B2Broker is a company dedicated to developing leading technology and liquidity solutions for businesses in the FinTech industry. The company expands its extensive lineup of turnkey products with B2Prop, a comprehensive, ready-made solution that enables businesses to start a prop trading firm from scratch quickly and effortlessly.

Reach out to B2Broker to try the B2Prop demo for free and explore its capabilities.