Some prop firms are run by an established broker. When they are, we can put the two side by side and measure exactly how their spreads compare. If a firm quotes wider than the broker behind it, that gap is real cost you pay to trade what is effectively the same feed.
A broker-backed prop firm runs on the pricing of a parent broker, sometimes the exact broker you can trade directly. In theory you get the broker's institutional pricing inside a funded program. In practice, some firms pass that pricing through cleanly and some add a markup on top. This page shows which is which.
For each pair we stream both the prop firm and its parent broker from live accounts and lay their spreads over each other, live and historically, instrument by instrument. The headline number is the markup: how much wider the firm quotes than the broker on the same instrument. A firm sitting right on top of the broker keeps its standard. A firm running consistently wider is charging you for the badge.
A markup is real, recurring cost. It varies by instrument and can change whenever the firm decides, so it cannot be guessed, only measured. Seeing it plainly tells you whether a broker-backed program is the bargain it sounds like.
Each pair below links to a live and historical comparison, with our analyst read on whether the firm holds the broker's standard.
A funded-trading firm run by an established broker, using that broker's pricing and infrastructure.
We stream both from live accounts and overlay their spreads, live and over time, then show the markup per instrument.
The amount a prop firm adds on top of its parent broker's spread. It is real cost, varies by instrument, and can change at any time.
No. Some pass the broker's pricing through, others add a markup. That is exactly what this page measures.
