The prop trading space was historically built for forex traders. Many other products that came later, such as crypto trading, were merely bolted-on afterthoughts. But that isn’t the case any longer because, as one estimate shows, at least 31 prop firms as of this writing list crypto as a fully-featured tradable asset. That is a significant jump from just a few years ago.

The expansion has, however, created so many options, and it is not unlikely to find some firms whose objectives don’t align with traders. Trader funding, in itself, is great because it allows a lot more talented individuals to make something out of their skill. But it becomes an issue when that experience doesn’t live up to expectations. That is why it is…