Disliked{quote} I think none,because to trade some else money in most countries will required some kind of licence and it might be regulated.Ignored
With most fund providers you are on demo after you pass evaluation and therefore your "prop" firm is in the business of collecting fees, not funding traders. The model relies heavily on the fact that most will end up failing, so the big pay-outs are highly unlikely. But of course eventually they do and the house of cards collapses.
It's good to get funded, but I think it is wise to be very selective. Dont waste your time or money.
Question, who regulates FTMO? The regulator will be able to tell you if they are licensed for real accounts. That would be good to know.