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  • #301
  • Apr 8, 2021 11:53pm Apr 8, 2021 11:53pm
Quoting nikosk0
{quote} just passed it. i had never done such reckless things before but i had to. {image} {image}
Well done!!
Let us know how you go......
  • #302
  • Apr 9, 2021 7:01am Apr 9, 2021 7:01am
Quoting nikosk0
anyone had any experience with traders central fund? i see here all the prop firms but the one i like are the least mentioned prop trading and fxseed that are new and i do not expect to hear anything positive yet and the traders central fund witch seems to have been around for longer. ftmo is legit i know from personal experience. they pay no questions asked if u had followed the rules
I would be very careful with TCF

This is why: "In an unlikely case, your evaluation may be extended by the risk team in order to get promotion to the second stage. If you do pass the evaluation, but your trading strategy doesn't align with what we are looking for you will be refunded with an extra 10% compensation for your time and labour input."

"your trading strategy doesn't align with what we are looking for" gives them plenty reason to knock you out. Also on the plan with 1:100 leverage, you have to trade for 20 days. If you reach the target in 3 days and trade 0.01 lot for other 17 days they will disqualify you.
  • #303
  • Apr 9, 2021 7:44am Apr 9, 2021 7:44am
Quoting Mtinifx
{quote} I would be very careful with TCF This is why: "In an unlikely case, your evaluation may be extended by the risk team in order to get promotion to the second stage. If you do pass the evaluation, but your trading strategy doesn't align with what we are looking for you will be refunded with an extra 10% compensation for your time and labour input." "your trading strategy doesn't align with what we are looking for" gives them plenty reason to knock you out. Also on the plan with 1:100 leverage, you have to trade for 20 days. If you reach the...
i dint know that but to be honest, i like it as a rule. i dont think i ever passed any kind of challenge in less than 7-10 days anyway, it ussually takes me 12-14.

i just havent seen payments and such like with ftmo
offering my system to copy trade. check my link
  • #304
  • Apr 9, 2021 7:48am Apr 9, 2021 7:48am
Quoting nikosk0
anyone had any experience with traders central fund? i see here all the prop firms but the one i like are the least mentioned prop trading and fxseed that are new and i do not expect to hear anything positive yet and the traders central fund witch seems to have been around for longer. ftmo is legit i know from personal experience. they pay no questions asked if u had followed the rules
Quoting Mtinifx
{quote} "if you do pass the evaluation, but your trading strategy doesn't align with what we are looking for you will be refunded with an extra 10% compensation for your time and labour input."
Further confirms my findings as I expressed in a previous post, FXseed is definitely a subsidiary or second arm of Traders Central Fund.

That might be a good or bad thing ... Time will tell.
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  • #305
  • Apr 9, 2021 7:51am Apr 9, 2021 7:51am
Quoting nikosk0
{quote} i dint know that but to be honest, i like it as a rule. i dont think i ever passed any kind of challenge in less than 7-10 days anyway, it ussually takes me 12-14. i just havent seen payments and such like with ftmo
If you're looking for something like FTMO/TheProptrading, I'd say the best bet right now is Enfoid. I think they're as old as FTMO and have a large community of Traders.
More expensive but might be better off going with them while giving the newer guys time to sort themselves out.
  • #306
  • Apr 9, 2021 8:18am Apr 9, 2021 8:18am
Quoting Mtinifx
You could try MyForexFunds challenge as an alternative. They do have a some track record afa payouts are concerned however that's on their "rapid"model. Their challenge model is too new for payout proofs. Minus points are: 1/ they don't offer a 200k account (not yet anyway) 2/ the daily DD rule is a two edge sword. 5% on equity AND balance Plus points are: 1/ the cost: $499 for 100k account which is cheap compared to most of the competition. 2/ they offer 112% refund plus 85% profit share. 3/ challenge target is only 8%....
ok
  • #307
  • Apr 9, 2021 9:09am Apr 9, 2021 9:09am
Quoting Koop
{quote} {quote} Further confirms my findings as I expressed in a previous post, FXseed is definitely a subsidiary or second arm of Traders Central Fund. That might be a good or bad thing ... Time will tell.{image}
its a bad thing. Stay away from both.
  • #308
  • Apr 9, 2021 9:48am Apr 9, 2021 9:48am
Quoting Masterrmind
{quote} Yes so many to be very very wary of; as you say sites popping up like crazy. Masterrmind ......
Are you on Normal or aggressive?
  • #309
  • Apr 9, 2021 9:49am Apr 9, 2021 9:49am
Quoting Koop
{quote} If you're looking for something like FTMO/TheProptrading, I'd say the best bet right now is Enfoid. I think they're as old as FTMO and have a large community of Traders. More expensive but might be better off going with them while giving the newer guys time to sort themselves out.

@Koop, I've not been active in this forum for years so had to take time to update myself on current happenings. FTMO seems fine since I know people who are in there getting paid. What's the proptrading?

Also, what's your opinion of FidelCrest? I have checked this forum, and there's thread crying foul on them but I heard they revamped their t&c so it is much more trader-friendly. Do you know anyone who successfully got funded with them (and also got paid)?
  • #310
  • Apr 9, 2021 10:58am Apr 9, 2021 10:58am
Quoting MaryAnne
{quote} @Koop, I've not been active in this forum for years so had to take time to update myself on current happenings. FTMO seems fine since I know people who are in there getting paid. What's the proptrading? Also, what's your opinion of FidelCrest? I have checked this forum, and there's thread crying foul on them but I heard they revamped their t&c so it is much more trader-friendly. Do you know anyone who successfully got funded with them (and also got paid)?
Hi Anne.
www.theproptrading.au is another fairly new prop firm with a good offering similar to /slightly better than FTMO, but they're yet to prove themselves.

Don't know much about Fidelcrest. I'm afraid like you all I've read on FF are bad reviews and complaints. I'd suggest focusing on the more tested and trusted options in the mean time.
  • #311
  • Apr 9, 2021 11:58am Apr 9, 2021 11:58am
Leeloo trading had a massive discount yesterday, go check it out. Not sure if it is still valid but it was around 100$, which is awesome.

Although, that is futures prop trading firm. If anyone wants to check it out.
In God we trust. All others must bring data.
  • #312
  • Apr 9, 2021 12:52pm Apr 9, 2021 12:52pm
Quoting Koop
{quote} Hi Anne. www.theproptrading.au is another fairly new prop firm with a good offering similar to /slightly better than FTMO, but they're yet to prove themselves. Don't know much about Fidelcrest. I'm afraid like you all I've read on FF are bad reviews and complaints. I'd suggest focusing on the more tested and trusted options in the mean time.
Theproptrading, there is a post on facebook groups that they executed trades in a traders account and failed them.
Their broker is them but under another guise, they operate a financial services business in a highly regulated country (australia) without a license.

No thanks.
  • #313
  • Apr 9, 2021 12:53pm Apr 9, 2021 12:53pm
Quoting Mr.Sexobeat
Leeloo trading had a massive discount yesterday, go check it out. Not sure if it is still valid but it was around 100$, which is awesome. Although, that is futures prop trading firm. If anyone wants to check it out.
no
  • #314
  • Apr 9, 2021 1:15pm Apr 9, 2021 1:15pm
Quoting Takisd
{quote} Theproptrading, there is a post on facebook groups that they executed trades in a traders account and failed them. Their broker is them but under another guise, they operate a financial services business in a highly regulated country (australia) without a license. No thanks.
Yeah, Many negative reviews on trust pilot too, mostly about terribly slow and inefficient communication and some manipulation.
  • #315
  • Apr 9, 2021 3:44pm Apr 9, 2021 3:44pm
Quoting Takisd
{quote} Theproptrading, there is a post on facebook groups that they executed trades in a traders account and failed them. Their broker is them but under another guise, they operate a financial services business in a highly regulated country (australia) without a license. No thanks.
This is interesting. How did you find out? Btw these are my findings

1. they have no licence like you said
2. ASIC already passed ruling max leverage is 1:30 for retail CFD trading so I've no idea why their leverage is so much higher 1:200 (unless it is some broker in Seychelles and Bahamas) https://www.standard.net.au/story/70...tions-in-2021/
3. I can't find their registered company number on the site therefore it might not even be a registered business but an individual?
4. The address leads to a 3 bedroom house in Queensland bought in Oct 2018 (not an office location)

  • #316
  • Apr 9, 2021 4:41pm Apr 9, 2021 4:41pm
Quoting MaryAnne
{quote} This is interesting. How did you find out? Btw these are my findings 1. they have no licence like you said 2. ASIC already passed ruling max leverage is 1:30 for retail CFD trading so I've no idea why their leverage is so much higher 1:200 (unless it is some broker in Seychelles and Bahamas) https://www.standard.net.au/story/70...tions-in-2021/ 3. I can't find their registered company number on the site therefore it might not even be a registered business but an individual? 4. The address...
its a one man show, its his house. The broker is on an island that also has a regulator (but it has no license). No one has a live account with that broker. There is no internet footprint of that broker but it claims to be years old.

Smells like a skunk on crack, in the garbage, covered in sewage.
  • #317
  • Apr 9, 2021 4:45pm Apr 9, 2021 4:45pm
Another prop I stumbled upon. Anyone heard anything about it?

https://www.buoytrade.com
In God we trust. All others must bring data.
  • #318
  • Apr 9, 2021 6:18pm Apr 9, 2021 6:18pm
Quoting kCBHk
{quote} Are you on Normal or aggressive?
Normal mode for 200k challenge.

It's the only option.

Masterrmind ..........
Master your Mind then Master your Trades
  • #319
  • Apr 9, 2021 6:39pm Apr 9, 2021 6:39pm
Quoting Mr.Sexobeat
Leeloo trading had a massive discount yesterday, go check it out. Not sure if it is still valid but it was around 100$, which is awesome. Although, that is futures prop trading firm. If anyone wants to check it out.
Leeloo ... OMG.

300k challenge
30 contracts
20k profit target
7.5k trailing DD
$675 per MONTH !!!!!!!

I checked it out ....

Now bin it !

Masterrmind .......
Master your Mind then Master your Trades
  • #320
  • Apr 9, 2021 10:47pm Apr 9, 2021 10:47pm
Quoting Mr.Sexobeat
Another prop I stumbled upon. Anyone heard anything about it? https://www.buoytrade.com
Apparently, they're a Singapore-based white label of FTMO. Less costly fees but longer 3-step funding process and lower profit-share in comparison.

Props to Masterrmind for starting this thread, btw.
Amor Fati--F. Nietzsche
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