Are crypto prop firms a legit way to start trading?

[VampireRipper]

I've been trading on a small personal account and keep seeing ads for proprietary trading firms offering large capital if you pass their evaluation. Specifically looking at crypto prop firms. Sounds almost too good to be true. Has anyone here actually gone through the process and received a funded account? What's the real catch with these profit splits and strict rules?

[Zenoc]

The catch is in the challenge structure itself. They set high profit targets within tight drawdown limits, often in volatile market conditions, which statistically favors the firm. While legitimate firms do exist and pay out, you're essentially paying an upfront fee for the chance to trade their capital. Success requires a proven, disciplined strategy. Research any firm's payout proof and terms thoroughly. You can review the specific challenge rules of one such crypto prop firm on their official site https://cryptofundtrader.com/ .