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Conversations with leading figures in the retail trading world.
Purple Trading & Fintokei CEO David Varga on launching a prop in Japan
TradeInformer Podcast
47 minutes 37 seconds
1 year ago
Purple Trading & Fintokei CEO David Varga on launching a prop in Japan
In this episode of the TradeInformer Podcast, we speak to David Varga. David is the Co-Founder of retail broker Purple Trading, as well as the funded trader firm Fintokei. We talk about his background, setting up Purple Trading, and more.
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00:00 - Intro00:51 - What is Purple Trading / Fintokei?03:02 - What made Purple Trading a success?06:08 - Purple Trading and FTMO08:49 - Did Purple Trading benefit from its work with props?11:21 - Are props being targeted more by scammers?14:33 - Trading strategy problems?17:20 - What is Fintokei?21:15 - Is Japan a hard market to crack?23:58 - What marketing strategies did you use in Japan?28:32 - How do you build brand rep in a new industry?30:46 - What markets are you targeting?34:15 - Do you need sales people at a prop?37:31 - Are marketing costs rising?39:51 - How do you manage risk?42:46 - Overconfidence post-challenge45:16 - Will this replace the broker industry?
TradeInformer Podcast
Conversations with leading figures in the retail trading world.