Delta Trading Group’s “Delegate” Model: Superior to a Regular Prop Account
In recent years, prop trading firms have become increasingly popular, especially among young traders who are looking to start their careers. Prop trading firms offer traders the opportunity to trade with the company’s money, usually through a proprietary trading account, in exchange for a share of the profits. While this may seem like an attractive opportunity for many, there are several disadvantages to the traditional prop trading model.
Delta Trading Group has recognized these disadvantages and has created an alternative trading model that is superior to the traditional prop account. The Delta Trading Group “Delegate” model is designed to make traders of their own money, rather than just earning money from losing traders. In this blog post, we will discuss the disadvantages of a regular prop account and how Delta Trading Group’s “Delegate” model overcomes these limitations.
Disadvantages of a Regular Prop Account
- Limited Trading Opportunities
One of the biggest disadvantages of a regular prop account is limited trading opportunities. Prop trading firms often have strict rules and guidelines on the types of instruments and markets that traders can trade. This limits a trader’s ability to explore new opportunities and can hinder their overall trading performance.
- Limited Control
In a regular prop account, the trading firm has complete control over the trader’s trading activities. This can be frustrating for traders who are looking to take control of their trading careers and make their own decisions. Traders are often limited in their ability to adjust their trading strategies, set their own risk parameters, and make their own trading decisions.
- Limited Profits
While prop trading firms offer traders the opportunity to trade with the company’s money, they also take a cut of the profits. This means that traders are limited in the amount of profit they can make. This can be frustrating for traders who are looking to maximize their profits and build a successful trading career.
Delta Trading Group’s “Delegate” Model
Delta Trading Group’s “Delegate” model is designed to overcome these limitations and provide traders with a superior trading experience. The “Delegate” model is built on three pillars of opportunity: Learn, Do, and Teach.
The first pillar of the “Delegate” model is learning. Delta Trading Group offers traders the opportunity to learn the trading system through an educational program. Traders can then trade a 100K Evaluation Account and make certain target returns to earn their initial membership dues fee. This ensures that traders have a solid understanding of the trading system and are ready to trade with real money.
The second pillar of the “Delegate” model is funding your own brokerage account, trading your own account, and building your own successful track record.
The third pillar of the “Delegate” model is teaching. Delta Trading Group offers traders the opportunity to get hired as moderators and account executives. Only Delta-trained members who meet the knowledge and discipline requirements are eligible for these positions. This allows traders to share their knowledge and experience with others while earning a steady income.
During this time you can even become a representative or an affiliate of the program. We find that once someone is successful they enjoy sharing their knowledge and skills.
Advantages of Delta Trading Group’s “Delegate” Model
- Unlimited Trading Opportunities
One of the biggest advantages of the “Delegate” model is unlimited trading opportunities. Traders have the freedom to explore new markets and instruments, allowing them to maximize their profits and build a successful trading career.
- Complete Control
The “Delegate” model provides traders with complete control over their trading activities. Traders can adjust their trading strategies, set their own risk parameters, and make their own trading decisions. This empowers traders and allows them to take control of their trading careers.
- Unlimited Profits
With the “Delegate” model, there are no set limits to your potential as a trader.