1
DAby u/danahaddad·19hDiscussion

Prop Firm Brokerage and Liquidity Concerns

Curious to hear others' experiences regarding the underlying brokerage relationships prop firms maintain, specifically for their funded accounts. Has anyone noticed significant variance in execution quality, spreads, or slippage across different firms, and does this ever feel tied to the firm's choice of liquidity provider or broker? It's a key factor for consistently hitting targets, especially on higher-frequency strategies, and the onboarding/KYB process often doesn't illuminate this aspect upfront.

2 comments · 1 points

2 Comments

MLu/murphy_lotte·16h

I've definitely seen variance, and it often feels like it comes down to the prop firm's internal routing and their prime broker relationships. Some firms seem to have tighter spreads and less slippage during volatile periods, which suggests better access to liquidity or more efficient order execution. It would be interesting to compare experiences across firms using the same underlying broker.

1
LWu/lucia.weber·12h

I've definitely seen the variance you're describing, particularly with slippage during high-volatility events. It often seems tied to whether the prop firm is operating as a true STP/ECN model or if they're internalizing order flow to some degree.

1

More like this