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  • #521
  • Apr 22, 2021 2:34am Apr 22, 2021 2:34am
Quoting J3roM
Yesterday I managed to pass the first part of my FTMO challenge and respected all trade objectives. I am not gonna lie the fact that you are going through a so called "challenge" does put a little bit of extra stress on your mind. After reviewing my trades I definitely took some that would normally not. Mainly at the start I hope I can start the second phase (Verification) of my challenge soon. So far I am still very satisfied with how FTMO has arranged the whole system, everything works smooth and fast. I will keep you guys updated...
Good Job man, keep getting it!!

Quoting LoveScalping
{quote} Yes, there was a short Skype interview, and the first time I was denied access because there was no statement from a real account confirming trading skills, a few months later I provided a statement that was suitable for their requirements.
Oh, mine was late last year. Regular phone call. They accepted me without requesting for an account statement at the time. Must have been desperately trying to level up against all the new competition.

Truth is if all these guys with huge leverage and 70% upwards pay out ever fizzle out or shut down, guys like Audacity and Lux would still survive because their model(tiny leverage and small accounts + DD limits) ensures that they don't have to pay out much profits.

I hope it never comes to that, not soon at least.
  • #522
  • Apr 22, 2021 5:50am Apr 22, 2021 5:50am
Howdy y'all
Take some advice from a 74 yr old trader of 22 yrs.

Keep away from all these funded trader programs you have to pay for challenges, trials, whatever. The are nothing but a rip off. Unreasonable rues they know full well only a very small minority if any have a chance in hell of passing let alone sustaining over the long run.

I have accounts with 2 companies. One which provide investment clients for good traders. (Darwinex)
The other provides funds equal to any for NO charge. (Lepus proprietary trading)
Check them out folks & stop tossing your money in the drain.
Money Makes Money
  • #523
  • Apr 22, 2021 5:58am Apr 22, 2021 5:58am
Quoting Koop
{quote} Good luck. Mind sharing why you chose them? I really don't see any up sides. Maybe longevity? Edit- you're talking about Audacity right?
Right. but for now i dont want to talk about pros and cons..
  • #524
  • Apr 22, 2021 6:06am Apr 22, 2021 6:06am
Quoting KiwiOz
Howdy y'all Take some advice from a 74 yr old trader of 22 yrs. Keep away from all these funded trader programs you have to pay for challenges, trials, whatever. The are nothing but a rip off. Unreasonable rues they know full well only a very small minority if any have a chance in hell of passing let alone sustaining over the long run. I have accounts with 2 companies. One which provide investment clients for good traders. (Darwinex) The other provides funds equal to any for NO charge. (Lepus proprietary trading) Check them out folks & stop tossing...
Yes, I have also recommended Darwinex. I didn't know about Lepus.

Thanks for sharing. Both are better than any other "prop-firm" being promoted at FF Commercial Content threads.
Always ready to help
  • #525
  • Apr 22, 2021 6:26am Apr 22, 2021 6:26am
Quoting KiwiOz
Howdy y'all Take some advice from a 74 yr old trader of 22 yrs. Keep away from all these funded trader programs you have to pay for challenges, trials, whatever. The are nothing but a rip off. Unreasonable rues they know full well only a very small minority if any have a chance in hell of passing let alone sustaining over the long run. I have accounts with 2 companies. One which provide investment clients for good traders. (Darwinex) The other provides funds equal to any for NO charge. (Lepus proprietary trading) Check them out folks & stop tossing...
Darwinex is a .

Lepus I came accross couple of weeks back. I have sent them an email and followed up, no response.
Trading is SIMPLE not EASY.
  • #526
  • Apr 22, 2021 6:31am Apr 22, 2021 6:31am
Forgot to add psyquation.com. I have linked my Darwinex account to them for now.
Money Makes Money
  • #527
  • Apr 22, 2021 6:38am Apr 22, 2021 6:38am
Quoting KiwiOz
Howdy y'all Take some advice from a 74 yr old trader of 22 yrs. Keep away from all these funded trader programs you have to pay for challenges, trials, whatever. The are nothing but a rip off. Unreasonable rues they know full well only a very small minority if any have a chance in hell of passing let alone sustaining over the long run. I have accounts with 2 companies. One which provide investment clients for good traders. (Darwinex) The other provides funds equal to any for NO charge. (Lepus proprietary trading) Check them out folks & stop tossing...
Yes, once again, the good 'ole boys of the NFA/CFTC prohibit us here in the US from accessing either of those.
  • #528
  • Apr 22, 2021 6:42am Apr 22, 2021 6:42am
Quoting KiwiOz
Howdy y'all Take some advice from a 74 yr old trader of 22 yrs. Keep away from all these funded trader programs you have to pay for challenges, trials, whatever. The are nothing but a rip off. Unreasonable rues they know full well only a very small minority if any have a chance in hell of passing let alone sustaining over the long run. I have accounts with 2 companies. One which provide investment clients for good traders. (Darwinex) The other provides funds equal to any for NO charge. (Lepus proprietary trading) Check them out folks & stop tossing...
Not a fan of the long winded Darwinex process but that just a personal thing.

Lepus is a very good call. Just checked the site out for the first time and on the surface the challenge offer is really nice for people who don't like the regular paid challenge model.
1:30 leverage is not bad either. Only problem is they start you off with a pretty low amount, which is how it should be I guess?

Can you withdraw your initial $2000 deposit and gains made during the challenge?

I already put them above 5ers, CTI, Audacity and Lux.
Even though the 2k deposit is quite an ask for most small Traders who need Funding.

Also 4-6% consistently for 3 months isn't that easy for most.
  • #529
  • Apr 22, 2021 6:50am Apr 22, 2021 6:50am
Quoting KiwiOz
Howdy y'all Take some advice from a 74 yr old trader of 22 yrs. Keep away from all these funded trader programs you have to pay for challenges, trials, whatever. The are nothing but a rip off. Unreasonable rues they know full well only a very small minority if any have a chance in hell of passing let alone sustaining over the long run. I have accounts with 2 companies. One which provide investment clients for good traders. (Darwinex) The other provides funds equal to any for NO charge. (Lepus proprietary trading) Check them out folks & stop tossing...
Hello! I have no doubt you have a lot of experience for more than 20 years, but those firms that you indicated ALL require a large amount of their capital, or a very long history of trading on a real account with minimal risks, neither one nor the other most users of this forum do not have ..
1.Darwinex - you need a good statement for a long time, or trade on their platform (for which you need an impressive deposit)
2. Psyquation - it is also required to connect a personal trading account with good statistics to their system for analysis, or (and) make a deposit of 1000 Australian dollars and show good trading for a period of 2 months.
3. Lepus proprietary - A deposit of 2000 Australian dollars is also required, then trade for 3 months.
Based on the above, the offers that are on the market now - FTMO, Audacity, Fxblue, MFF and others - are more suitable for us at the moment, in particular for me it is FTMO.
sorry for my English, using google translator.
  • #530
  • Apr 22, 2021 6:54am Apr 22, 2021 6:54am
Quoting Koop
{quote} Not a fan of the long winded Darwinex process but that just a personal thing. Lepus is a very good call. Just checked the site out for the first time and on the surface the challenge offer is really nice for people who don't like the regular paid challenge model. 1:30 leverage is not bad either. Only problem is they start you off with a pretty low amount, which is how it should be I guess? Can you withdraw your initial $2000 deposit and gains made during the challenge? I already put them above 5ers, CTI, Audacity and Lux. Even though the...
Darwinex:
Just 9 months and greater allocation than those "prop-firms" being promoted in other threads. A real funded account with less than 20% profit per year.

Lepus:
You put the deposit on third party firm. It's your money. You can withdraw at any time.

4-6%:
From my point of view, it is too much. Not to mention those required at FTMO: 10% + 5% in the two consecutive months.

I thought 4% wasn't a big deal for most of you...
Always ready to help
  • #531
  • Apr 22, 2021 6:59am Apr 22, 2021 6:59am
Quoting Koop
{quote} Not a fan of the long winded Darwinex process but that just a personal thing. Lepus is a very good call. Just checked the site out for the first time and on the surface the challenge offer is really nice for people who don't like the regular paid challenge model. 1:30 leverage is not bad either. Only problem is they start you off with a pretty low amount, which is how it should be I guess? Can you withdraw your initial $2000 deposit and gains made during the challenge? I already put them above 5ers, CTI, Audacity and Lux. Even though...
[/b]


Yes you can quit & withdraw as the $2000 is in your own personal account. You would only quit if you were not succeeding. with the 4-6% profit which I think with a good strategy traded with patience & discipline is easily achievable. So far, I'm making over 10% on my Darwinex account.
Also The $2000 is in Ozy$$ so much less for europeans n UKs etc.

Attached Image (click to enlarge)
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Money Makes Money
  • #532
  • Apr 22, 2021 7:05am Apr 22, 2021 7:05am
Quoting PaulMF
{quote} Darwinex: Just 9 months and greater allocation than those "prop-firms" being promoted in other threads. A real funded account with less than 20% profit per year. Lepus: You put the deposit on third party firm. It's your money. You can withdraw at any time. .
Lol did you say "Just 9 months'? Not every one wants to wait " just 9 months" before they have a chance to earn only 20% on whatever funds they receive.
And I don't think they start you off with large funds straight away do they?
It's all preference in the end.

Quote
4-6%: From my point of view, it is too much. Not to mention those required at FTMO: 10% + 5% in the two consecutive months. I thought 4% wasn't a big deal for most of you..

I meant "may not be easy for most to do consistently for 3 straight months."
And 4% isn't really a big deal when you have 1:100 leverage at your disposal and can be aggressive when the need arises.
At least with FTMO you get a free retry if you get 1% ... But it seems Lepus disqualifies you if you fail one of the months.
I may be wrong.
  • #533
  • Apr 22, 2021 7:08am Apr 22, 2021 7:08am
Quoting KiwiOz
{quote}[/b] Yes you can quit & withdraw as the $2000 is in your own personal account. You would only quit if you were not succeeding. with the 4-6% profit which I think with a good strategy traded with patience & discipline is easily achievable. So far, I'm making over 10% on my Darwinex account. Also The $2000 is in Ozy$$ so much less for europeans n UKs etc. {image}
You're right.
I like it. Personally I think It's a very good and reasonable deal for any one who can put up the $2000 deposit.
I'll read more about it. Thank you.
  • #534
  • Apr 22, 2021 7:11am Apr 22, 2021 7:11am
Quoting Koop
{quote} You're right. I like it. Personally I think It's a very good and reasonable deal for any one who can put up the $2000 deposit. I'll read more about it. Thank you.
Attached Image
Just figured I'd confirm. You guys really have no idea the bullshit we go through here in the "land of the free"
  • #535
  • Apr 22, 2021 7:18am Apr 22, 2021 7:18am
Quoting pipmaster77
{quote} {image}Just figured I'd confirm. You guys really have no idea the bullshit we go through here in the "land of the free"
What the hell lol. You know every time you mentioned the CFTC or whatever in relation to prop firms I kept wondering if you were mistaken. I've always believed it's only certain brokers that are affected by this regulation.

How then are you able to trade with firms like FTMO and 5ers?

This is crazy.



Paul, what do you say to this?


Edit - pardon me, I just noticed that the chat was with the multibank broker. I initially thought it was the prop firm.

Makes sense now
  • #536
  • Apr 22, 2021 7:21am Apr 22, 2021 7:21am
Quoting pipmaster77
{quote} {image}Just figured I'd confirm. You guys really have no idea the bullshit we go through here in the "land of the free"
Damn shame.
But you still have Darwinex & Psyquation. Psyquation is very similar to Lepus.
Money Makes Money
  • #537
  • Apr 22, 2021 7:25am Apr 22, 2021 7:25am
Quoting KiwiOz
{quote} Damn shame. But you still have Darwinex & Psyquation. Psyquation is very similar to Lepus.
lol, no sir, we do not. I have Oanda, Forex.com, IG......hell of a selection. Of course, we have 6-7 unregulated, offshore brokers. They actually offer far superior trading conditions than the garbage "regulated" brokers.
  • #538
  • Apr 22, 2021 7:27am Apr 22, 2021 7:27am
Quoting Koop
{quote} What the hell lol. You know every time you mentioned the CFTC or whatever in relation to prop firms I kept wondering if you were mistaken. I've always believed it's only certain brokers that are affected by this regulation. How then are you able to trade with firms like FTMO and 5ers? This is crazy. Paul, what do you say to this? Edit - pardon me, I just noticed that the chat was with the multibank broker. I initially thought it was the prop firm. Makes sense now
I believe it is because we trade on a demo account with FTMO, it allows them to accept traders globally.
  • #539
  • Apr 22, 2021 7:30am Apr 22, 2021 7:30am
Quoting KiwiOz
{quote}[/b] Yes you can quit & withdraw as the $2000 is in your own personal account. You would only quit if you were not succeeding. with the 4-6% profit which I think with a good strategy traded with patience & discipline is easily achievable. So far, I'm making over 10% on my Darwinex account. Also The $2000 is in Ozy$$ so much less for europeans n UKs etc. {image}
Check this out.
https://www.lepusproprietarytrading....r9naSBg0#/main
Money Makes Money
  • #540
  • Apr 22, 2021 7:34am Apr 22, 2021 7:34am
Quoting pipmaster77
{quote} lol, no sir, we do not. I have Oanda, Forex.com, IG......hell of a selection. Of course, we have 6-7 unregulated, offshore brokers. They actually offer far superior trading conditions than the garbage "regulated" brokers.
OK so you will just have to move to the land of OZ.

Time this old coot hit the sack.
Money Makes Money
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