B2Broker Launches a New Prop Trading Turnkey Solution – B2Prop

Proprietary trading is quickly becoming trendy in the financial markets. After being considered a niche practice, the global prop trading market, valued at $6.7 billion in 2020, is expected to grow at a compound annual growth rate (CAGR) of 4.2% between 2021 and 2028. There’s an increasing interest in this industry, with a skyrocketing search demand for the term “prop firm” by 8,409% between January 2020 and March 2024.

In response to the traders’ growing demand for prop trading and the need for specialised software solutions among brokers, B2Broker has launched B2Prop, a sophisticated, advanced turnkey solution to help businesses create and grow their prop trading firms from scratch.

Discovering B2Prop

B2Prop is a powerful challenge-based platform for different business types—prop trading firms, FX and crypto brokers, and multi-asset brokerage platforms—to expand their portfolio with a new product and reach new markets. The development phase was based on best practices and focused on brokers’ needs.

B2Prop enables brokers to create custom trading challenges with specific parameters like profit targets, risk limits, and performance benchmarks. These challenges can include multiple steps and support multiple currencies, allowing clients to trade in different currencies. More importantly, B2Prop does not impose additional fees based on the number of challenges, steps involved or accounts.

Investors who pass these challenges successfully gain access to funded trading accounts with competitive profit-sharing models, allowing them to keep 70-80% of their trading earnings.

B2Prop is seamlessly compatible with leading trading platforms like cTrader and MetaTrader 4/5, with plans to add B2Trader, TradeLocker, and more in the future. It also provides advanced dashboards that will enable brokerages to monitor trader metrics from registration to the stage of the funded account, ensuring the solution is both effective and aligned with the broker’s requirements.

Increasing Corporate Revenue Stream

B2Prop equips businesses with various revenue streams:

Participation Fees

Companies can generate revenue from fees charged to traders for joining proprietary trading challenges. Usually, traders who fail to meet the challenge criteria make three or more attempts to repurchase and pass the challenges, which can further boost the broker’s income.

Profit Distribution

Only top-performing traders who complete the challenges successfully gain access to funded accounts. Brokers provide the capital for these accounts and retain a share of the gains the traders generate. This percentage ranges between 20% and 50%.

Optimum Trading Conditions

Businesses can offer customised trading conditions, such as commissions. Brokers can impose higher commissions, lowering the profits on funded trader accounts, which reduces the payouts the company must make while still benefiting from the difference.

Simplified Copy Trading

B2Prop is seamlessly integrated with B2Broker’s advanced copy trading solution, B2Copy, offering additional revenue sources for the broker. The company can adjust the funding limits and choose to copy the strategies of successful traders into its own accounts, allowing brokers to make extra returns without paying those traders.

A-Z Turnkey Solutions to Start a Prop Trading Firm

B2Broker’s B2Prop turnkey solution offers a complete package for businesses to establish a successful proprietary trading firm.

B2Core CRM acts as the package’s core, where traders can sign up, buy prop trading challenges, monitor their performance and manage payments. It also supports growth and more integrations with payment services, KYC providers, and broker tools.

The package also includes the white-label cTrader platform, which is customised specially for prop trading firms. It combines cTrader’s advanced features and powerful usability with a cost-efficient business deployment model. B2Prop integrates with MT4 and MT5 software if the company have already acquired the license.

Moreover, B2Prop’s turnkey package includes B2BinPay, B2Broker’s blockchain platform. B2BinPay offers crypto payment processing and allows businesses to credit their account using various coins and stablecoins across 8 blockchains. Clients can purchase challenges after they fund their accounts. These smooth payments can attract more traders.

B2Copy is another essential part of the package. B2Broker’s copy trading solution allows firms to mirror strategies from successful, funded traders directly into their accounts, generating additional profits without paying those traders.

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

Engaging Challenges in B2Prop via B2Core

B2Broker has seamlessly integrated B2Prop into the B2Core platform. Admins can access the Prop Trading section under the Investment Platform menu in the admin panel. This area contains the Challenges List page, where admins can create new prop trading challenges and manage ongoing ones.

To create a new prop trading challenge, admins must first specify the challenge’s name and description and upload an image to demonstrate it on the front end.

Then, admins can define the challenge criteria, such as plans, steps, initial account configurations, key performance metrics (minimum trading days, max loss limits, profit targets), fee amount and currency, trading account capital, and trading account currency. Admins can set the rules for disqualification for participants who breach the daily loss limits.

When the challenges are created, the admin panel allows tracking participants’ progress. The panel shows a list of active and past accounts with their current challenge status (started, successful, or failed). Once a challenge has been successfully completed, admins can mark accounts and create funded accounts for those participants.

On the front end, traders can check the available challenges, complete with images and key metrics. They can join a suitable challenge with one click and pay the participation fee from their wallet if required.

As investors progress, they can check important metrics like equity, maximum drawdown, number of trades and more. Moreover, the platform offers daily trading summaries with profits and loss reports and volume details.

Traders can receive notification emails upon challenge completion with details regarding their prop trading account. Moreover, participants can check their previous challenges with comprehensive results and trading data for each account.

Solidifying Market Leadership with B2Prop

B2Broker continues to develop outstanding technology and liquidity solutions for brokerage firms and FinTech businesses. The new turnkey solution expansion with B2Prop, a comprehensive solution for starting a prop trading firm, solidifies the company’s role and market leadership.

Brokers can now effortlessly create and launch their interactive proprietary trading platform, attract more users, and boost their sales.