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Attachments: Funded Trader Program (FTMO, BLUFX, TOPSTEP FX, FIDELCREST)
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Funded Trader Program (FTMO, BLUFX, TOPSTEP FX, FIDELCREST)

  • #21
  • Mar 19, 2020 5:20am Mar 19, 2020 5:20am
Stay away from Fidelcrest and FTMO. For Fidelcrest they widen the spread when it's about to touch TP with FTMO there are occassional price gap where you are stopped out for more than your SL. On a demo account there should be no slippage. If you don't believe me and think I only bash these prop firms. Go try their brokers yourselves. Stay away from these challenge prop firms they only want to make money on fees.

Off course it's easy to make an excuse for all these anomaly. They will simply say server feed problem or spread widening due to volatility yada yada yada. Just stay away from them.
  • #22
  • Edited 9:20am Mar 19, 2020 9:09am | Edited 9:20am
Quoting maflip
Stay away from Fidelcrest and FTMO. For Fidelcrest they widen the spread when it's about to touch TP with FTMO there are occassional price gap where you are stopped out for more than your SL. On a demo account there should be no slippage. If you don't believe me and think I only bash these prop firms. Go try their brokers yourselves. Stay away from these challenge prop firms they only want to make money on fees. Off course it's easy to make an excuse for all these anomaly. They will simply say server feed problem or spread widening due to volatility...
but how they do that? eachone of them use several brokers ... and they not have access to this brokers to manipulate spreads ...
i trying ftmo free trail with purple and yes put trade take time and excute late but i guess we not in normal days to compare prices moving so fast and markets not stable , i just curious how all of this firms get money to give to traders !!
  • #23
  • Mar 19, 2020 2:09pm Mar 19, 2020 2:09pm
Hi Guys

I was looking at BluFX and seems quite good IMHO. OK the "lite account" is £99 per month (which is cheaper then all the others) but that is 20 trading days right? And on $25000 balance one can (I think) trade up to $2 a pip on Gold on their allowed leverage. Also I see they allow MT4 platform which I didn't realise so one can use one's template, indi's, etc.

Trading someone else's money truly does take the pressure off a bit. Of course if you fail your 99 quid is gone!
  • #24
  • Mar 19, 2020 6:39pm Mar 19, 2020 6:39pm
one thing is that firms take that business so serious and you have to read terms and conditions again and again a lot of times before you go with them. and you have to be so serious trader who really follow rules and have really good plan that working , that people not joking:

Blufx yes cheap 99$ but leverage is just 3& and also you can't withdraw if you didn't hit 5% & also you have to pay monthly fees+50% of your profit

Traders4traders seem great but for example one of they rules say you can't put trade without sl, so if you trader like me who like to enter trade then drag sl and tp lines and you didn't notice that small rule then you out of game!

FIDELCREST seem great for micro programms but also they have rules.

and a lot of others .... so it's good invest if you read rules of that firms carefully and you really have good plan.

until now i still curious how they find all that funds they gave to traders? ftmo seem so easy and popular and everyone go there this days so i curious how they get that money they give to traders , and i have to admit ftmo now much better than first time they started
  • #25
  • Mar 19, 2020 10:23pm Mar 19, 2020 10:23pm
Fidelcrest is not good they always tell you violate the rules and etc etc....
Blufx have low leverage and some rules

best option is the5ers, FTMO, Audacity capital.................
  • #26
  • Mar 21, 2020 3:38pm Mar 21, 2020 3:38pm
Its important to be able to trade mt4 platform otherwise you can't trade your system unless you have two charts side by side I suppose but really is cumbersome.
Audacity do look good - no fee I think?
  • #27
  • Mar 22, 2020 11:31am Mar 22, 2020 11:31am
Audacity have 2 type of programs 10k drawdown 15% and 15k program drawdown 10%
there is a monthly fee


nothing free bro.......... ftmo have broker selection choice you can choose
  • #28
  • Edited Apr 17, 2021 11:59am Mar 22, 2020 11:32am | Edited Apr 17, 2021 11:59am
if anyone need any kind of info/help about these program you can write me email on ([email protected]) or my Whatsapp +{ sensitive information deleted by staff, per request }..................................................
  • #29
  • Mar 22, 2020 1:25pm Mar 22, 2020 1:25pm
Thanks bro

Very kind of you - will email you
  • #30
  • Mar 22, 2020 2:02pm Mar 22, 2020 2:02pm
Just want say that from checking them all out it is really a case of "horses for courses". If you want more profit for yourself you have to pay a higher fee.
  • #31
  • Mar 22, 2020 4:24pm Mar 22, 2020 4:24pm
Quoting Mtinifx
Just want say that from checking them all out it is really a case of "horses for courses". If you want more profit for yourself you have to pay a higher fee.
sometimes it's better to deposit and trade your own fund and make your own fund program...
Fidelcrest ... just enough to read their rules and contract ... you will know they not tricked anyone or not bad but if you was read it carefully you will know no chance for you!!
by the way i texted Pepperstone to know if there is really partnership with Fidelcrest ... but they surprised that Fidelcrest using their name .. and they thank me because i warn them about that!

Ftmo 30 day challenge (include weekends)+ 60 days verification (everything soooo good to be true with ftmo) but i feel like most traders who enroll at ftmo program just win by luck !! not real traders!!most traders there really gambling or go with high risk ... alot making 100% in just 5 days even!! even if ftmo pay profits i don't really they last forever ... i was thinking for example at 10000$ challenge at challenge you have to get 1000$ profit target with 1000$ max loss ,,, so it's like you manage 1000$ and he want you to achieve 100% in 20 days? but what if you deposit that 1000$ and made 1000$ on your own account? your balance will be 2000$ and guess what? you didn't waste time like you waste at ftmo demo challenge? then you can start verification with your real account that become 2000$ , at verification stage at ftmo also give you 1000$ maximum lose with just 500$ target... why not apply that on your own account you have 2000$ now so just trade and make other 1000$!!! so now your balance is 3000$ .. and guess what? you made your own program .. you didn't waste your time at ftmo demo tests? and at ftmo after you finish all still your max loss is just 1000$ , but after you finish your challenge on your real account you have 3000$ !!!... and guess what all profit you make later go to you without need to split profits.... and you can use profits for build your own scale plan!!
that's was about ftmo best option of them currently !!

the5ers:they use their own platform and i read reviews complaining they manipulate spread for hunt stop losses ... it's not good idea to use firm that they have their own platform making them able to play with you easy.

blufx: they made something made me believe they are just scammers... they blocked me from their facebook group for nothing! without mention alot of their restricts.

And alot of other firms i can talk about them but i lazy!

at the end: the real question is: is that firms really help traders or it's just way to get money from your pocket?
  • #32
  • Mar 24, 2020 2:45pm Mar 24, 2020 2:45pm
Quoting JsCave
one thing is that firms take that business so serious and you have to read terms and conditions again and again a lot of times before you go with them. and you have to be so serious trader who really follow rules and have really good plan that working , that people not joking: Blufx yes cheap 99$ but leverage is just 3& and also you can't withdraw if you didn't hit 5% & also you have to pay monthly fees+50% of your profit Traders4traders seem great but for example one of they rules say you can't put trade without sl, so if you trader like me who...
Give it a try once you pass verification they will do all sorts of magic to get you kicked out. Try it

My advice don't pay for the challenge. My other advice if you trade Indices don't do it with these prop firms. Spread is too large right now and they will tell you this is due to current volatility and LP. But if you go to price feed on futures you will know they are just ripping you off. Spread on futures still remains the same from what I see almost no spread. But no they give you 10 pip spread right now and at the round trip that's 20 pips spread. Almost impossible for you to pass the challenge. Trade indices on micro futures instead.
  • #33
  • Edited 5:58pm Mar 24, 2020 5:20pm | Edited 5:58pm
Fidelcrest - I thought had good options until you read Terms which is where most will fail:
'2.2.2: Position Sizes: Any single position must not utilize more than 1.75% of the available margin of the account.'

So effectively on challenges you can only open one position at a time, (or chase the price and add more), so your strategy/method needs to be extremely accurate and in volatile markets this can be simply gambling, maybe with worse odds. Also '2.2.1: Risk/Reward Ratio: Risk/reward ratios must be at least 1:2 on average.' So after commission, slippage etc. you need to have at least 1:2. I think many have missed this.

It's their business model to find good traders, so no gripe, but think seriously before paying to enter any of these. The old adage applies even more so with Fidel and any subscription challenge 'if you are a good trader why trade for someone else?'

For those complaining about slippage, spread and bad brokers - This is 9 days trading with Purple Trading 1150 trades, spread at any time of 2.0 - 22.0pips (eurusd), order processing times min 8 seconds to 1min 18 seconds, irregular platform outages from 2mins to 12mins. Never experienced worse but still made profit with server side trades and plenty of foresight. Extrapolate this out and this would still NOT pass any challenge. Interesting food for thought.
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My comments are not to be taken as trading advice, not a financial advisor
  • #34
  • Edited 9:40am Apr 9, 2020 8:24am | Edited 9:40am
Quoting JsCave
{quote} sometimes it's better to deposit and trade your own fund and make your own fund program... Fidelcrest ... just enough to read their rules and contract ... you will know they not tricked anyone or not bad but if you was read it carefully you will know no chance for you!! by the way i texted Pepperstone to know if there is really partnership with Fidelcrest ... but they surprised that Fidelcrest using their name .. and they thank me because i warn them about that! Ftmo 30 day challenge (include weekends)+ 60 days verification (everything soooo...
Fidelcrest SCAM

Fidelcrest: Read the rules carefully. If for some reason you get funded and choose 10% you have to make 10% a month in order to stay in. But wait there is a 2.5% small profit target you can choose right? Here's the scam. With the 2.5% profit target sounds good? No... with 2.5% profit target you are limited to margin usage of just 2.5%. Meaning if you have a $25,000 account you really only have $2,500 for 10% TP and 10% margin. And just a $625 account if you choose 2.5% profit target. So with the 2.5% it's the same risk if you choose the 10% because margin limit is same as profit target. . Might as well open a trading account of $650 instead of giving it to Fidelcrest with rules that are soooo hard to pass you have a better chance on your own. Also, you are not paid if you make more than your profit target. If you choose 2.5% you don't get the extra if you make 10% Trust me guys stay away from Fidelcrest. Actually stay away from all these prop firms. Buncha Scammer guys stay away I also doubt to anyone who pass stay for long with Fidelcrest. I'm posting this here so people don't get scammed by these prop firms. Hope you heed my advice if you read this. Don't Don't Don't take the challenge. It's a SCAM
  • #35
  • Apr 10, 2020 5:06am Apr 10, 2020 5:06am
Quoting maflip
{quote} Fidelcrest SCAM Fidelcrest: Read the rules carefully. If for some reason you get funded and choose 10% you have to make 10% a month in order to stay in. But wait there is a 2.5% small profit target you can choose right? Here's the scam. With the 2.5% profit target sounds good? No... with 2.5% profit target you are limited to margin usage of just 2.5%. Meaning if you have a $25,000 account you really only have $2,500 for 10% TP and 10% margin. And just a $625 account if you choose 2.5% profit target. ...
i tottaly agree with you! ... unfortunately that firms good in marketing but not really work for traders .. by the way if you read Fiedelcrest files.. you read that investor can end agreement with trader at anytime even with hit target anyway all that firms keep sweet rules at public and keep dirty rules between lines in pdf files agreements where most people click accept without read it carefully.
  • #36
  • Edited 6:55am Apr 10, 2020 6:26am | Edited 6:55am
Quoting JsCave
{quote} i tottaly agree with you! ... unfortunately that firms good in marketing but not really work for traders .. by the way if you read Fiedelcrest files.. you read that investor can end agreement with trader at anytime even with hit target anyway all that firms keep sweet rules at public and keep dirty rules between lines in pdf files agreements where most people click accept without read it carefully.
https://www.forexfactory.com/showthread.php?p=12868067#post12868067 (Scammer guys thread)

I'm exposing their SCAM I hate these kinda people. I hope twee bans the Fidelcrest guy.

Taken from their website: https://challenge.fidelcrest.com/detailed-explanation-low-risk-strategy/

Maximum Margin Usage:
Maximum allowed margin usage is 2% of the account equity at any given time. So it's not 2.5%. $25,000 is really a $500 account (SCAM) You pay $500 for the challenge to get funded with $500???!!! You just funded your own account and not Fidelcrest!!!
Maximum allowed margin usage for any single trade is 1.5%. ??? Much worst this $25,000 account is really just $375. So you just funded $500 and they took away $125 away from you???!!! (SCAM)
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  • #37
  • Edited 6:56am Apr 10, 2020 6:32am | Edited 6:56am
Who wants to pay Fidelcrest $499 to get $25,000 account but with limited Margin usage of 2%. The $25,000 is a LIE

So you just funded your own $500 account

If you are stupid go ahead and take the Fidelcrest Challenge you just funded your own account assuming you pass which you probably have 1% chance of passing then they will thank you for the first months 60% commission
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  • #38
  • May 15, 2020 12:08am May 15, 2020 12:08am
I have started mentoring peoples to get their funded accounts like FTMO, Blufx, the5ers.............and also there is some paid section if someone dont want to trade....
  • #39
  • Jul 2, 2020 6:44am Jul 2, 2020 6:44am
I see Fidelcrest have changed their website and a few other things too

Now taking the hundred grand account as an example, if one goes for the "aggressive" option (if you want a bigger slice of the cake once you hopefully start trading live) then it's 20% maximum (20000) margin, $20000 maximum loss and $10000 maximum daily loss.

What do you guys think? Only thing I don't like is the "10 positive trading days" rule but I suppose if one trades very carefully can be done?

What I do like is that it's only a one stage verification which is better then FTMO!
  • #40
  • Sep 14, 2020 6:46am Sep 14, 2020 6:46am
Challenge already finished and started the verification process of 70k GBP.........will update you guys very soon after completion of verification................

i took two trades on 70kgbp cadjpy sell, nzdchf sell and got the 7k profit target in 3 days..................
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