What is the core software stack of a prop firm?
Quick answer
The core stack is a trading platform with simulated execution, a rule and risk engine, an account administration panel, a trader dashboard, a website with checkout, payment and payout providers, KYC, and support tools, connected by APIs and webhooks. The trading platform is the hardest part to build.
Detailed answer
How the pieces connect:
- Checkout takes payment and notifies your system.
- Account provisioning creates or assigns a trading account and credentials.
- Terminal lets the trader trade against live prices.
- Rule engine checks every account continuously and marks breaches and passes.
- Dashboard shows the trader their progress and limits.
- Reporting feeds payouts, risk review and analytics.
- KYC and payouts run when a funded trader requests money.
Integration is easier when provisioning and reporting have an API. On PropExecutor, accounts can be created in bulk in advance, assigned to a trader by email over the API, and reported on through a full account report endpoint.
Choosing the order
Choose the trading platform first, because it determines what the rest must connect to. Then the payment provider, then the website, then CRM and KYC. Choosing the website first often means rebuilding parts of it later.
PropExecutor team · Updated
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