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  • #2,681
  • Jul 31, 2021 2:06pm Jul 31, 2021 2:06pm
You gotta love FundingTalent
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  • #2,682
  • Jul 31, 2021 5:33pm Jul 31, 2021 5:33pm
Quoting Saxio
You gotta love FundingTalent {image}
where did this come from?
  • #2,683
  • Jul 31, 2021 6:08pm Jul 31, 2021 6:08pm
Quoting Rmg
{quote} Lasted for a whooping day and half before violation..... another accelerated conventional is in progress.
Thank you for the update.

Sad to hear it was over so quickly.

Best wishes for the next one.

Masterrmind ..........
Master your Mind then Master your Trades
  • #2,684
  • Jul 31, 2021 6:15pm Jul 31, 2021 6:15pm
Quoting Saxio
You gotta love FundingTalent {image}
Also depends on how legal their terms and conditions are and if they sway from any consumer or corporate laws in that country.

Legal challenges can pop up and test these terms and conditions.

If such a statement does exist in their current terms and conditions then I would avoid that firm period.

Afterall, time is best not wasted !

Masterrmind .........
Master your Mind then Master your Trades
  • #2,685
  • Aug 1, 2021 6:20am Aug 1, 2021 6:20am
Hi folks,
I wanna know your opinion about MFF accelerated conventional, which offer max DD of only 5% from initial balance. Is this DD feasible in the long term?
I mean the profit target for scaling is 10%, compared to 20% profit target of emphatic model which offers 10% max DD.
  • #2,686
  • Aug 1, 2021 6:27am Aug 1, 2021 6:27am
Quoting ensale
{quote} have you tried the jforex platform with tier1, pretty darn good for trade managment, I would still use mt4 for charting.
No, and it's a moot point by now because all Tier1FX accounts have wisely been moved by Lux to Global Prime.

(Sorry for my belated reply.)
Amor Fati--F. Nietzsche
  • #2,687
  • Aug 1, 2021 9:22am Aug 1, 2021 9:22am
Quoting Jay3ast
Hi folks, I wanna know your opinion about MFF accelerated conventional, which offer max DD of only 5% from initial balance. Is this DD feasible in the long term? I mean the profit target for scaling is 10%, compared to 20% profit target of emphatic model which offers 10% max DD.
Most prop plan will always have some con. I recently was looking at mff. The accelerated conventional is cannot hold over weekends. That definitely go against my strategy. Your trading time is probably 4 day. You probably would not trade on last day cause you can't hold. I thought they are better than 5%ers with 5%dd...can trade gold and no need set sl...till I read their rules.

Their rapid seem very slow process. Only 12% of demo profit..have to earn to get live account before really seeing anything.
  • #2,688
  • Aug 1, 2021 9:38am Aug 1, 2021 9:38am
Quoting jinsen
{quote} Most prop plan will always have some con. I recently was looking at mff. The accelerated conventional is cannot hold over weekends. That definitely go against my strategy. Your trading time is probably 4 day. You probably would not trade on last day cause you can't hold. I thought they are better than 5%ers with 5%dd...can trade gold and no need set sl...till I read their rules. Their rapid seem very slow process. Only 12% of demo profit..have to earn to get live account before really seeing anything.
Though MFF offer variety of account types, I prefer evaluation challenge type.

The conditions offered by MFF are better compared to other firms.
Intraday only.
  • #2,689
  • Aug 1, 2021 10:07am Aug 1, 2021 10:07am
Quoting jinsen
{quote} Most prop plan will always have some con. I recently was looking at mff. The accelerated conventional is cannot hold over weekends. That definitely go against my strategy. Your trading time is probably 4 day. You probably would not trade on last day cause you can't hold. I thought they are better than 5%ers with 5%dd...can trade gold and no need set sl...till I read their rules. Their rapid seem very slow process. Only 12% of demo profit..have to earn to get live account before really seeing anything.
The eval is awesome....pay 499 for 12% DD on a 100K (12K)....hold over weekend, news, no stop loss, 5% daily DD limit
  • #2,690
  • Aug 1, 2021 10:22am Aug 1, 2021 10:22am
Quoting pipmaster77
{quote} The eval is awesome....pay 499 for 12% DD on a 100K (12K)....hold over weekend, news, no stop loss, 5% daily DD limit
Were given 30days to get 8%..not sure if 30day does not include weekends. They do give extra 12% dd to make risk to reach target. But it's not my play against time. I hate to rush
  • #2,691
  • Aug 1, 2021 10:43am Aug 1, 2021 10:43am
Quoting jinsen
{quote} Were given 30days to get 8%..not sure if 30day does not include weekends. They do give extra 12% dd to make risk to reach target. But it's not my play against time. I hate to rush
Yes, I get it. I consider myself a low risk trader as well. 20 pips per day with 2:1 leverage will get you there. Actually, if you time it right, you'll have 22 trading days. Once you do that, though, it's 5% in 60 days, then your fee is refunded and you are trading 100K (or whichever account you choose).
  • #2,692
  • Aug 1, 2021 11:49am Aug 1, 2021 11:49am
Yes, 1 standard lot is $10/pip on anything with xxx/USD as the base, other pairs require conversion, but close enough for simplicity sake. This is 1;1 leverage on a 100K account, so 2:1 would be 2 standards or $20/pip
  • #2,693
  • Aug 1, 2021 2:34pm Aug 1, 2021 2:34pm
Quoting emicovi
{quote} Actually all of his trade calls were wrong LOL
I'm sorry I couldn't convey the messages in ways you could understand.

The again, you're fixated on playing a demo account. Do yourself a favor and continue with these gaming websites.

I know what happens when you trade a live. Remember me telling you this, it's my best advice to you.
  • #2,694
  • Aug 1, 2021 5:11pm Aug 1, 2021 5:11pm
Quoting Fml
{quote} I'm sorry I couldn't convey the messages in ways you could understand. The again, you're fixated on playing a demo account. Do yourself a favor and continue with these gaming websites. I know what happens when you trade a live. Remember me telling you this, it's my best advice to you.
This thread is a discussion on prop firms. Traders sharing their experiences and concerns.

Pleases stop projecting your trading impotence and personal inadequacies in here. You can see a psychologist for that.
Pride always comes before destruction.... -Proverbs 16:18
  • #2,695
  • Aug 1, 2021 9:35pm Aug 1, 2021 9:35pm
Wassup everyone.
Lots happened here it seems.

The guys who FT aren't paying are not all the indicies guys, dive into the conversations on telegram and facebook and you will see they are basically partially paying out anyone who is scalping regardless of the strategy itself.

I signed up for a 200k thefundedtraderprogram stuff from my FTMO payment that just came through, bit of gambling money.

Took 4 days to get my credentials, 3 support chat messages and false promises of "Yes yes today".

Broker is fxchoice.

Spreads - Garbage
Spam in their groups - annoying
Gamification of the process - unprofessional
loyalty points - tricky marketing
Leaderboard - interesting but feels useless other than to lure in more bad traders
Rules - They have the whole "real market conditions" catch 22 where basically it could be used against you at any moment. So only using a swingy type strategy will be worthy.. Other than that they are basically FTMO with an 80% split. I also cant clearly see the pay period.
So far 1/2 way to the first phase with practically no drawdown (went -200 and then up 10k).

Needless to say the process has been less than desirable. I checked all their reviews and stuff and it feels like most reviews aren't from actual customers but rather people who have sent them an email or something. I added them to my gambling list because of Blakes reputation, not regretting it yet but... lets see how it goes.
  • #2,696
  • Aug 1, 2021 10:45pm Aug 1, 2021 10:45pm
Quoting Fml
{quote} I'm sorry I couldn't convey the messages in ways you could understand. The again, you're fixated on playing a demo account. Do yourself a favor and continue with these gaming websites. I know what happens when you trade a live. Remember me telling you this, it's my best advice to you.
i highly suggest you eject yourself from commenting here and trade your live account(s).
no point placing an argumentized comments with no remorse. Nobody care really about your advice.
  • #2,697
  • Aug 1, 2021 11:09pm Aug 1, 2021 11:09pm
Quoting Takisd
{quote} Remember I dm'd you about a bot that takes advantage of the brokers who use the 0 stop level and it prints money? Thats why a sensible company doesn't have stop level at 0 its easier than just telling people over and over again that you refuse to pay them. 0 stop level using metatrader is impossible to execute there should be significant slippage out to around 2 pips. This is because of the nature of metatrader stops and the slow speed of the gui. LP's will kick you all the time as well if you have 0 stop but hey, if you have no LP's whats...
would love if the bot is shared here for R&D, please
  • #2,698
  • Aug 2, 2021 6:47am Aug 2, 2021 6:47am
Quoting Takisd
Wassup everyone. Lots happened here it seems. The guys who FT aren't paying are not all the indicies guys, dive into the conversations on telegram and facebook and you will see they are basically partially paying out anyone who is scalping regardless of the strategy itself. I signed up for a 200k thefundedtraderprogram stuff from my FTMO payment that just came through, bit of gambling money. Took 4 days to get my credentials, 3 support chat messages and false promises of "Yes yes today". Broker is fxchoice. Spreads - Garbage Spam in their groups...
Posts such as this one are simply great.

Having a trader provide his very own up to date Prop Firm experiences.

Thanks for sharing here Takisd.

Masterrmind ..........
Master your Mind then Master your Trades
  • #2,699
  • Aug 2, 2021 6:57am Aug 2, 2021 6:57am
Passed the first phase of Thefundedtraderprogram.

Still have all those days to go and such. Still cant find clearly what the payout time is and min days etc. I believe its 10 but if someone can point my blind ass to the right rules would be very grateful.

I took 4 trades, 2 losses 2 wins and finished. Not sure on their coasting policy as well, I'll have to check with their ever so vague support team. The spreads are... challenging, especially in the night market. Its now 8 am in NYC and the spread is still really wide on US30. The eur/usd spread is 0.7 average, which is also wide but its fxchoice.

I spoke to some friends who have tried fxchoice as an offshore option and their response was "aww man, I doubt you'll get paid". So lets see how it goes will keep you all updated.

Edit: Spoke to support, min trading days is 8 and the payment period is 1 month. Can coast on 0.01's until the end.
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  • #2,700
  • Aug 2, 2021 7:11am Aug 2, 2021 7:11am
Quoting Takisd
Passed the first phase of Thefundedtraderprogram. Still have all those days to go and such. Still cant find clearly what the payout time is and min days etc. I believe its 10 but if someone can point my blind ass to the right rules would be very grateful. I took 4 trades, 2 losses 2 wins and finished. Not sure on their coasting policy as well, I'll have to check with their ever so vague support team. The spreads are... challenging, especially in the night market. Its now 8 am in NYC and the spread is still really wide on US30. The eur/usd spread...
if you are such a great trader to make 20k in a day from 200k you should stop wasting time on these funds and trade you own account.
Allergic to bullshitters, never argue with fools
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