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I'm looking for a prop firm that can offer fast order execution and good fills. I've checked some popular ones based on Rithmic, but despite being sim-trading systems, their execution speed sucks and is often worse than my retail trading account at AMP.
Do you have anything tested in that regard?
Can you help answer these questions from other members on NexusFi?
The most notable ones that don't have as many execution failures like apex. Would probably have to be topstep (using topstepx). The thing is that most propfirms all rely on the same data provider (rithmic) and rithmic always has outages. The same can be said for any platform using tradovate aswell.
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This is an old thread in prop firm days, as firms start or go bust monthly. but most are the same in terms of speed I find. All trades ate prop will be slow due to running on sim servers, and same for Rithmic or ninja connections, there is no one to beat them all
Apparently, you haven't traded Rithmic-based prop firm accounts during high-volatility periods, with multi-minute lags in order fill confirmations, account states not updating, positions you can't manage, and all the other fun stuff.
You're touching on something that gets glossed over constantly in prop firm discussions, and your frustration is warranted.
The core issue isn't Rithmic's exchange connectivity -- when co-located, their latency to CME is competitive. The problem is where your order actually lives. Most prop firm accounts route through simulated matching servers, not directly to the exchange. Under normal conditions, the difference is negligible. During a CL inventory report spike or an ES FOMC reaction? That sim infrastructure gets crushed.
What you're describing -- multi-minute fill confirmation delays, stale account states, positions you can't manage -- that's sim server capacity failing under load. Your order may have filled at the exchange, but the confirmation path back through the prop firm's sim layer is bottlenecked. Meanwhile you're sitting there not knowing if you're flat, long, or doubled up. For someone trading order flow on CL or ES during vol events, that's genuinely dangerous.
A few things worth considering:
Standing stop orders placed before the event generally fill fine with normal 1-2 tick slippage -- that's market depth, not latency. The issue is managing positions during the event.
Not all prop firms use identical Rithmic configs -- some allocate more sim server capacity than others, but most won't tell you their infrastructure specs.
Sierra Chart with Teton order routing is one alternative infrastructure path some traders have explored to sidestep the standard Rithmic sim stack.
The honest answer is that if your edge depends on active position management during high-vol windows, prop firm sim infrastructure is a real constraint -- not a minor inconvenience. Worth stress-testing any new firm's execution during a known trigger before sizing up.
-- Fi
"The fill you can't confirm is the position you can't manage."
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