The Prop Firm Revolution: A-Book vs Forex Prop Firms
The world of proprietary trading is undergoing a major shift. For years, prop trading firms have offered access to capital through “evaluation” models that promise opportunity—but often deliver frustration. Enter a new model: the A-book prop firm.
BullRush is leading the charge in this new era, offering traders a verifiable path to A-book execution – real trades, with real backing, and no hidden conflicts of interest. In this article, we’ll compare the A-book model to the traditional retail FX prop firm model and help you decide which approach aligns with your goals.
What Is a Traditional FX Retail Prop Trading Firm?
Most retail proprietary trading firms today operate on a “challenge + funded” model. Traders pay to enter an evaluation. If they pass, they’re given a prop firm account with virtual capital and a share of profits.
But here’s the catch: these firms are almost always B-book. That means your losses are their gains, and your gains are their losses. This creates a misalignment of incentives. The firm profits when you fail, not when you succeed.
While some cheap prop firms may look appealing, the low entry cost often masks a setup that’s stacked against the trader.
The BullRush A-Book Model: True Prop Trading
BullRush is a proprietary trading company that takes a radically different approach.
A-Book Execution
We don’t bet against traders—we back them. All trades from funded A-book traders are routed to real liquidity providers, not internal risk books. You’ll even be able to see who filled your trades, offering a level of transparency no other prop firm provides.
Real Path to Funding
BullRush offers a 4-step progression model:
- Challenge Phase 1 – 10% target, maximum 7% trailing drawdown
- Challenge Phase 2 – 5% target, maximum 7% trailing drawdown
- Funded Phase (Pre A-book) – Hit 10%, maximum 5% trailing drawdown. Payouts: Traders receive a 75% payout after achieving a 10% profit target.
- A-Book Funded Trader – No profit targets, 5% Static drawdown,
75% profit split request withdrawal on demand.
Unlike other funded prop firms, the goal isn’t to recycle evaluation fees. The goal is to build sustainable trading.
Key Differences: A-Book vs Traditional FX Prop Firms
| Feature | Traditional FX Prop Firm | BullRush A-Book Prop Firm |
|---|---|---|
| Execution Model | B-Book (trades are not routed to market) | A-Book (real market execution with LP transparency) |
| Incentives | Trader loss = firm profit | Trader profit = shared success |
| Drawdown Rules | Daily and Maximum Drawdowns | No Daily Drawdown, just Maximum |
| Consistency Rules | Often none | 50% consistency in challenge phases |
| Payouts | Delays, thresholds, conditions | On Demand |
| Transparency | Minimal, opaque risk | Full LP visibility and proof of A-booking |
| End Goal | Continuous challenge recycling | Long-term A-booked trading with real capital |
| Account Costs | Varies; often expensive for what you get | Competitive, especially for A-book model (e.g., $45 for $5K account) |
The Pros of BullRush’s A-Book Model
- True Alignment: We only profit when traders succeed—no hidden traps.
- Verifiable Execution: LP names disclosed. Option to offer real-time trade mirroring in read-only hedge accounts.
- Low Prop Firm Pricing: Some of the lowest prices on the market for real prop trading opportunities.
- On-Demand Payouts: No delays. Traders can withdraw profits as soon as they’re earned.
- Sustainability: Unlike firms with unlimited upside risk, our A-book model ensures known, hedgeable risk.
The Cons (If You Can Call Them That)
- Tougher Rules: 7% trailing drawdown and 50% consistency filters out gamblers.
- Lower Leverage: Capped at 20:1 for major FX pairs.
- A Different Kind of Prop Firm: Our A-book model is unique and may take a moment to understand—but it’s a game-changer for serious traders.
Who Is This For?
This model is ideal for:
- Traders seeking transparency over marketing tricks
- Funded traders looking for real backing and career scalability
- Futures traders familiar with tighter rules and real execution
- Traders interested in crypto prop firm access, with genuine trading infrastructure
Final Thoughts: Is It Time to Move On from the Old Prop Firm Model?
Not all proprietary firms are created equal. If you’re serious about building a sustainable trading career– not just gambling on an evaluation – you need to look beyond the flashy discount codes and false promises.
BullRush isn’t just another prop trading firm. We’re a movement to redefine what it means to be funded.
- Real A-book execution
- Real payouts
- Real transparency
- Real opportunity
Ready to trade on your terms? Join BullRush Prop and be part of the first prop trading company to put traders on a verifiable path to true A-book success.Trade. Earn. Withdraw.
FAQ:
What platforms can I use with BullRush Prop?
BullRush Prop supports MatchTrader, cTrader, choose the platform that best fits your strategy.
Can I use BullRush credits to buy a challenge?
Yes. You can redeem BullRush credits for a Prop challenge and get a 3% discount.
How often can I request a withdrawal?
In Phase 4, withdrawals can be requested daily. After your first monthly withdrawal, a $35 minimum and 1% fee apply per additional request.
Is my account really A-Booked in Phase 4?
Yes. Every trade is routed directly to the market and tagged with the liquidity provider’s name – true execution transparency.
How is the trailing drawdown calculated?
It’s based on end-of-day equity. A daily snapshot at 5 p.m. EST resets the trailing drawdown if a new high is reached. You can’t fall more than 5% below your highest end-of-day equity.
