I just did a small 10K with them to check trading conditions. Not too crazy about $7 commission, when I only pay $3 at MFF and FTMO. Passed in 12 hours Expo style (not how I normally trade, but figured I'd give a shot on the 10K). I also wanted to ...

So, they basically scale you 75% from a drawdown perspective( which is truly the only number that matters). To put it in perspective, it would be the equivalent of a 200K FTMO account with 10% DD scaled to a 350K FTMO account with 10% DD within 3 ...

Exactly. Especially with the lower end price points. What did that cost you? $93. Now you essentially have a $1,000 account (10K with 10% DD). So you essentially took a 10.7:1 RR trade although it was truly a 1.6 RR in terms of pips. The folks doing ...

Yeah, I haven't even considered them. In my opinion, they are not even relevant.

Yes, makes sense. Simply because your targets are lower and your DD is higher. MFF is 13% with 12% DD, TrueForex is 12% with 10%, where FTMO is 15% with 10%. I'm assuming E8 will score evn worse with 13% with 8% DD, which is a 1.625 requirement.

Ordinary income here in the US. I, personally, am not i charge of any real money, therefore, no capital gains. If the prop is duplicating my trade in a live market, the gains are all theirs. The profit split is more of a fee for duplicating my ...

So if you're able to make 10% on a 200K with 20K DD you are essentially flipping the account, with 80% split you are paid 16K. Flipping your $3,600 would net you $3,600. I believe what TRAndy is explaining with the formula is the gains you do not ...

From a pure math perspective, MFF WOULD BE #1. Trading conditions are excellent as well. Customer service definitely lacking though.

So, I have one question....when using that 1.5 ratio, which is derived from 10% phase1 and 5% phase 2, they really aren't asking for 15% with 10% DD. They are asking for 10% with 10%(1.0) and then resetting and then asking for 5% with 10%(0.5) My ...

Well I guess since they clearly disclose it, they are legal. They simply prey on folks who do not understand math. There are literally folks posting that the 5%ers is BY FAR the best prop firm. Yes, let me make 1/10 of the money as I would trading ...

Great explanation. I try to explain this over and over when folks bring up that direct funding garbage. You are clearly very educated on this subject. Your reasons above are EXACTLY why I use FTMO and MFF exclusively. This combined with their own ...

You are joking, right? When you trade with them, there is no broker, that would be the proof. Not rocket science. Their server is Traders Global Group.

2% on phase 1 and 4% on phase 2

I signed my contract back in September 2020. If process is the same, just checked my old emails, on 9/17 I got a congratulations you are about to become FTMO trader, credentials arrived 9/22. There was a weekend in there, so Thursday congrats and ...

MFF, FTMO, TrueForexFunds, TheFundedTrader, ThePropTrading, E8 Funding would all be better options. First thing that jumps out is they are requiring 10% ($1,500) to get a payout, they have a max lot of 0.5 TOTAL, not per position, that is 50K. So on ...

It's the middle of the trading day. I can post later, however, if you do just a little research, you can go through this thread. This is exactly why this thread was created.

This is an easy one........there are about 10 better options than the one you chose. Let me guess, for your 298, your max allowable DD is, wait for it..................................... 298 or less?

I would do the 250K. It is just for additional funding. However, upon looking at the parameters, 8% overall DD (20K) is the same as having 200K with FTMO or $166K with MFF. Of course, on phase1 they are only asking for 8%, so in essence flip the ...

That's awesome, it is their own feed. I am slacking, wasn't aware of this firm having their own LPs. You had good experience with them? This is great, a couple of very good options to add to the mix.

Exactly, that's why for USA traders, these props are more than just large accounts, they also give us the trading freedom the rest of the civilized world enjoys