Most Prop Firms Use B-Book Model: Your Trades Never Hit Real Markets

馃幁 Prop Firms Exposed

By Foxify
Oct 9, 2025, 4:07 PM
twitter

Most prop trading firms operate on a deceptive B-book model where your trades never reach real markets.​ Instead, they profit from evaluation fees while traders face bans and payout delays.​

Key differences:

  • A-book model: Real market execution, firm shares your risk
  • B-book model: Simulated trades, profits from trader losses and fees

Common B-book problems:

  • No CEO transparency
  • Poor customer support
  • Unfair bans during payout
  • Digital and KYC scams

FUNDED by Foxify claims to solve this with:

  • Real capital and market exposure (A-book)
  • Instant funding and direct orderbook execution
  • On-chain USDC withdrawals
  • Zero KYC requirements

The platform promises complete transparency and authentic funding, positioning itself against firms using demo accounts and fake trading environments.​

Sources

Most prop firms use the B-book model: your trades never hit real markets. Profits for the firm = trader's eval fees, which results in several bans & payout denials/delays. As a trader, it's your job to understand how the prop firm industry works, so that your profit payouts

10
Reply
Read more about Foxify

Prop Trading Industry Faces Transparency Crisis as Blockchain Solutions Emerge

The $20 billion prop trading industry faces scrutiny over deceptive practices, with many firms using **B-book models** that simulate trades rather than executing them in real markets. **Key Issues with Traditional Prop Firms:** - Trades never reach actual markets - Profits come from trader evaluation fees, not market performance - Frequent account bans and payout delays - Poor customer support and lack of CEO transparency **A-book vs B-book Models:** - **A-book**: Real market execution, firm shares trader's risk - **B-book**: Simulated trading, firm profits from trader losses Blockchain-based solutions are emerging to address these problems by offering: - Real capital trading with market exposure - Instant on-chain withdrawals in USDC - Complete transparency without KYC requirements - Direct orderbook execution The industry shift toward **on-chain transparency** aims to eliminate the smoke and mirrors approach that has plagued traditional prop firms, ensuring traders receive legitimate profit payouts.

Foxify Reports $25M+ Trading Volume with 95% Supply Locked

Foxify Reports $25M+ Trading Volume with 95% Supply Locked

**Foxify** shared key metrics from their September AMA, highlighting significant platform growth. **Key Performance Metrics:** - Trading volume exceeded **$25 million** - **95%+ of token supply** remains locked - Bot-traded challenges now available **Platform Development:** - New automation tools launched - Enhanced prop trading features - Continued focus on decentralized perpetual trading The platform continues expanding its on-chain trading infrastructure while maintaining strong tokenomics through high supply lock rates. [Read full AMA recap](https://medium.com/@foxifytrade/foxify-monthly-ama-recap-september-2025-196aa61bebe6)

New On-Chain Prop Trading Platform Offers Instant USDC Funding Without Evaluation

**FUNDED by Foxify** launches as an A-book model prop trading platform offering instant funding in USDC from day one. **Key differences from traditional prop firms:** - A-book model = real market execution vs B-book's simulated trades - No evaluation phase required - Instant on-chain withdrawals in USDC - Zero KYC requirements **Traditional prop firm issues:** - Most use B-book models where trades never hit real markets - Profits come from trader fees, not actual trading - Common problems include unfair bans and payout delays The platform promises complete transparency and authentic funding, positioning itself as an alternative to demo account-based prop firms.

Foxify Promotes 3 Traders to Silver Level with $5K Real Funding

Foxify Promotes 3 Traders to Silver Level with $5K Real Funding

**Three traders advanced to Silver level** on Foxify's funded program in the past 24 hours, unlocking $5,000 in real trading capital. **Key Program Features:** - No minimum trading days required - No evaluation periods - Instant scaling based on performance - Points-based promotion system Traders can access the program through [Foxify's platform](https://beta.foxify.trade/en/funded/start-journey) and track progress on the [funded leaderboard](https://beta.foxify.trade/en/leaderboard/funded-challenge). The platform offers up to 100x leverage across 100+ crypto pairs, with traders keeping 80% of profits and instant withdrawals available.

GovernanceDeFiStakingExchangesYield