Some of us never were.
There would be no problem at all calling them “prop firms,” if actual prop firms didn’t already exist (and as something completely different!).
These are funding companies - at least, the futures one are; the CFD ones are mostly just fraudsters pretending to be funding companies, just like counterparty market-makers are pretending to be forex-”brokers”, though no currencies actually change hands when you "trade" with them, as even the Babypips' course now makes crystal clear. (Though most of the "traders" still don't quite understand that. Go figure.)
No mystery here. Lol.
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