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 - Intro

00:51 - What is Purple Trading / Fintokei?

03:02 - What made Purple Trading a success?

06:08 - Purple Trading and FTMO

08:49 - 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-challenge

45:16 - Will this replace the broker industry?