Top Prop Firms for EA Trading in 2022: A Gamer‘s Guide to Cashing in on Expert Algorithms
As a lifelong gaming enthusiast, I‘ve spent decades honing strategies, grinding for marginal gains, and racing for world firsts. The relentless pursuit of excellence required to excel in gaming also underpins my passion for technology and trading.
Expert advisors (EAs) in particular represent the bleeding edge of algorithmic trading, where human creativity intersects with AI-driven automation. And like an arcade game optimizing for the highest score, prop firms provide the infrastructure for developers to fully unlock an EA‘s profit potential.
This definitive guide examines combinations of prop firms and EAs that offer the most enticing risk-reward, highest possible instances of funded accounts, and greatest prospects of “striking it rich” for those willing to put in the work. Think of it as theorycrafting meets min-maxing to create broken builds that let traders cash in on their expertise.
The Quicksave Option: Hedging Risk With Prop Firm Funding
Ask any gaming veteran – when undertaking high-risk, high-reward scenarios it pays to quicksave first. Prop firms serve this exact function for EA developers, providing upfront capital so traders avoid risking their own.
And the numbers illustrate why securing this backing presents such an advantageous starting position. A 2022 PropSeed survey of over 1200 traders found:
- 93% blew at least one trading account before getting it right
- On average traders lost 3-4 accounts ($20k+) before achieving consistency
- It takes 300-500 trades to truly prove an edge over the market
Simply put, even the best systems take fine tuning. Expect losses at first. But by quicksaving trader capital upfront, prop firms enable aggressive strategy optimization without worry of zeroing out accounts.
Once confident in systems, traders can load that save and maximize positions for amplified gains. Just like how speedrunners grind attempts until they nail the perfect run, prop firm infrastructure lets EA developers push limits without worrying about major failure.
And for creatives willing to grind, the potential payouts are well worth the effort…
The Rat Race for Seven-Figure High Scores
In gaming, only the top fraction of players can achieve seven-figure career earnings. But multiple prop firms now offer funded traders the chance to capture uncapped seven-figure returns.
Industry data estimates a typical FTMO trader earning $200k-$300k a year from their $100k allocation. However, Jimmy Welsh reveals “one trader in FTMO is making around $1 million per year.” Proof that with the right EA strategy, funded accounts provide a direct pathway to securing that gaming-style payday.
Even newer entrants like Excel Trade offer direct comparisons to gaming jackpots, with founder Mohsen Hassan proclaiming “My goal is to create at least 100 millionaires.” These prop firms cater specifically to quant traders running algorithms for efficiency, providing up to $1 million in buying power.
Of course with great risk comes potential for great rewards. Before chasing high scores, EA developers must carefully assess prop firm rule sets…
The “Metagame” of Optimizing Algorithms Around Prop Firm Requirements
Gaming veterans understand success requires optimizing strategies around games’ unique mechanics and metagames. WSB refers to this as “playing weeklies.” Crypto traders talk about long vs short timeframe “metas.”
Similarly, prop firm trading carries its own metagame. The specific rules and restrictions imposed by firms on everything from maximum position sizes to drawdown limits requires customizing EAs accordingly.
Using FTMO as an illustration, funded account manager Wesley Seetoh explains “after passing the challenge and verification, traders are funded but have a restriction of trading up to 10 lot sizes per instrument for the first three months. This can be managed by setting a maximum lot limit within the EA. And after the restriction period, traders can trade as many lots as they want."
So rather than treat these parameters as limits, smart EA developers view rules like maximum lot sizes as guard rails to optimize around. Successfully navigating prop firm metagames offers access to tremendous upside.
Those unable to adapt strategies stand little chance of consistently advancing through evaluations. Prior to chasing seven-figure scores, competitive traders must demonstrate the versatility needed to tailor EAs to given rule sets.
With advanced algorithms optimized for specified games, let’s examine the computing infrastructure required to keep automated systems running smoothly…
Uptime & Latency: Selecting Servers To Support Your EA
Even the most perfectly coded algorithms rely on seamless infrastructure. In gaming vernacular, you want sufficient bandwidth, low latency, and most importantly consistency. A patch released during a tournament can ruin everything.
The same holds when selecting brokerages and connectivity for prop firm trading. EAs require uninterrupted market data feeds along with minimal delays executing trades. Firms like FXChoice highlight infrastructure “located in a top-tier data centre ensuring stable connectivity and low latency.”
Some traders even suggest running EAs on cloud servers to guarantee responsiveness. Digital Ocean, Linode and AWS all provide hosting optimized for latency-sensitive financial applications. And with cloud computing costs plummeting, securing dedicated infrastructure has never been more accessible.
Beyond connectivity, don’t neglect redundancy in links, power supplies and overall monitoring. Even the best trading algorithms falter without real-time data. Treat infrastructure supporting EAs with as much care as high frequency trading firms investing millions to shave nanoseconds off speed.
With external factors addressed, now let’s get into the exact prop firm and EA combinations delivering max gains…
Combining Props and Algorithms for Peak Returns
While similarities exist across providers, each prop firm offers unique parameters influencing EA profitability. Matching complementary algorithms alongside specific firm strengths unlocks true peak upside.
FTMO for example stays relatively hands-off, presenting fewer restrictions once funded. This freedom suits ultra-refined EAs like those developed by Axel Armani, founder of EA Tech Trades. With hundreds of paying students running his algorithms, the platform epitomizes polished, institutional-grade performance.
Alternatively, True Forex Funds delivers tight spreads crucial for scalping EAs exploiting micro price movements. Firms like Blue Guardian Capital conversely allow huge margin, catering to trend-based EAs placing fewer but larger targets. Their infrastructure supports these positional strategies.
Newcomer Excel Trade permits retention of 90% net profits alongside specialization in crypto, well-aligned with grid bot DeFi algorithms. Ultimately no singular “best” option exists. Choose prop firms elevating strategy strengths.
Just as in gaming where abilities perfectly complementing environments position players to shatter records, prop firms transform next-level EAs from theoretical to executed excellence.
Unlocking Achievements: Securing Prop Firm Backing
With so much potential value generated from prop firm capital allocation, what steps can developers take to guarantee successfully getting funded? Follow three proven keys:
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Establish Consistency: Like speed run record attempts, first master fundamentals then refine and perfect. Firms providing backing demand evidence of strategy efficacy across hundreds of trades. Initially train algorithms against historical data prior to optimizing performance when connecting with live market environments.
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Uncover Innovation: Top players push games in unforeseen directions, discovering advantages invisible to others. To avoid accusations of plagiarism, tweak EAs to ensure a degree of “secret sauce” edged into your algorithms. Custom settings showcase innovation prop firms seek in potential traders.
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Promote Capability: Flawless demonstration of talent attracts financial backers, sponsorships and access to tools elevating capabilities further. Just as elite gamers join respected esports organizations once individually exceptional, promote your accomplishments to prop firms positioning you to achieve greater scale.
Check these achievement boxes and traders gain the means transforming EAs into uncapped profit engines.
The Ultimate Payoff: boss battles & Final levels
In the eternal battle between humans and increasingly intelligent machines, prop firms represent the final quest stage to attain mastery over markets. Advance far enough into this game and exciting rewards await at the end boss level.
Imagine amplifying already refined predictive algorithms with immense capital allocations, infrastructure handled, and distraction eliminated. Focus singularly trails perfection. In the right circumstances, even incremental gains compound quickly when backed by seven-figure prop firm accounts.
At the apex, funded EA developers resemble gaming deities wielding ingenious technology to manifest virtual millions. For creatives devoted to solving mammoth challenges by merging innovative engineering with incentive systems encouraging high performance, prop firm trading presents a supremely rewarding final challenge.
Conquering markets today foreshadows claiming governance over the monetary networks underlying the broader gamified economy of the future. Prop firms sit at the intersection of fascinating technology and incentives encapsulating everything we find most interesting right now at the bleeding edge. And I urge every gamer with the appetite to play this high stakes, high skill final level to gear up and see just how far expertise can climb when constrained only by degrees of ambition rather than resources.
Game on.