Forex prop trading firms and proprietary trading firms constantly seek advanced and innovative methods to optimize trading strategies. Applying advanced technology in forex prop trading provides an edge in an otherwise highly competitive financial market. These technologies include platforms and tools widely used by beginners and expert traders, even those planning to make a career in this industry. In this article, we have examined the role of modern technology used by forex prop firms and how they help traders identify and capitalize on market opportunities. We have also discussed how algorithmic and automated trading is changing how top forex prop firms and traders work in this industry.