Edit: One I used was QuantPassGroup.com
Has anyone else noticed a sudden influx of these 'free' prop firm passing services? Seems like every time I turn around, another one is popping up.
Being the curious cat that I am, I decided to try one out on my $50k FTMO challenge. And guess what? They passed. I mean, I'm not complaining, far from it. I'm now sitting on a funded account and they're handling the trades for 30% of the profit split.
But here's what's been eating at me though, what's their game lol? If these guys have the skills to breeze through these challenges and pull in profits, why not run their own challenges and keep all the money?
It's not like 30% of my profits would cover the amount they could make running their own accounts, right? And why do it for free?
Maybe there's something obvious I'm missing here. They could be getting tax benefits idk. Still, even with those, the math doesn't quite add up in my head.
I'm curious to hear if any of you have insights or experiences with these types of services.