You’re right — it’s a trend that’s been on the rise. Prop trading firms, especially those offering funded accounts for retail traders, have gained traction, likely fueled by social media. However as you’ve picked up on, many of these firms have limited history, sparse reviews, and sometimes vague details online.
Some of these firms are legitimate, providing genuine opportunities for experienced traders to access capital. However, others can have high fees, strict trading rules, or unrealistic profit-sharing structures.
Since these businesses vary widely, proceed carefully: research companies thoroughly, look for feedback from actual traders on forums or trusted review sites, and scrutinize the terms they offer, especially regarding payout policies and fees.