Justin Hertzberg
Founder/operator of FPFX Tech and PropAccount.com, a prop‑tech provider that has launched hundreds of prop firms and facilitated over a billion dollars in challenge sales; explains how prop firms operate, risk management, and industry statistics in the episode.
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Mar 23, 2026 • 32min
552: Prop Firms Don't Work Like You Think (Justin Hertzberg)
Justin Hertzberg, founder of FPFX Tech and PropAccount.com, built hundreds of prop firms and tracks industry stats. He explains how many prop programs hide asymmetric risk and why most become insolvent. Short takes cover challenge fees, pass/payout rates, hedging, platform shifts, and how to spot firms likely to actually pay traders.
