Curious if anyone has experience finding a good balance between prop firms that offer super fast payouts but hit you hard on spreads, versus those with wider spreads but more reliable, albeit slower, payment processing. The fees can really eat into the edge, but waiting weeks for a payout also ties up capital.
It's a common dilemma. High spreads on the smaller accounts often negate any speed benefit, especially if you're day trading. Larger accounts might get better spreads, but then the capital tied up waiting for a payout becomes a bigger concern. Has anyone actually run the numbers to see which scenario yields more net profit for a consistent strategy?
Honestly, the payout speed vs. spread cost isn't usually the biggest trade-off. Most reputable firms have decent spreads. The real issue is often withdrawal limits or hidden fees on the slower payout side.
Payout speed vs. spread costs really depends on your trading strategy. If you're scalping, tight spreads are non-negotiable. For swing trading, you might prioritize a reliable payout, even if it's a bit slower, over fractional spread differences.
That's a great point about balancing payout speed with spread costs. I've found that sometimes the 'faster payout' firms make up for it with less favorable trading conditions overall, not just spreads. Have you tried any firms that have a good middle ground?