26 Jan 2025
How Does a Prop Firm Passing Service Work?
1. Client Consultation: You sign up with a passing service and provide details about your chosen prop firm and its evaluation criteria (e.g., profit target, drawdown limits).
2. Payment: These services usually charge a fee upfront or after successfully passing the evaluation.
3. Evaluation Phase: The passing service uses skilled traders or automated strategies to complete the evaluation. Their goal is to meet the firm’s criteria while adhering to its rules.
4. Handover: Once the evaluation is passed, the account is handed over to you, allowing you to trade with the firm’s capital.