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  • #2,721
  • Aug 2, 2021 3:49pm Aug 2, 2021 3:49pm
Quoting Takisd
{quote} When I say ticks, I mean 1$, the spread is 4 ticks or 4$ as per old school quoting. The extra decimals on dow are bullshit.
ok, I never cared about these old-school terms as with the cfd's every broker uses different tick, pip, and lot sizes so they become pretty much useless. E.g. my broker uses 0.01$ tick and 0.1$ pip on us30
Money is made by sitting, not trading
  • #2,722
  • Aug 2, 2021 4:48pm Aug 2, 2021 4:48pm
Hello Traders,

been following this great thread for a while, a very informative topic about funding for aspiring traders here , really I could grasp a great deal of information for my prop firm search here, although it is my first post, I think I have a funding site to share with you all to explore, it's called Fxww, it's NOT a traditional prop firm or a newly created out of the blue funding site either, it's a comprehensive funding program for real talented traders who looking for a mega Forex account to manage in the future.

I think it looks totally legit forex prop like a firm, they have a funding program for successful traders too, you can take a look at it and tell me what do you think of this firm guys?.

Their funding program is in the following link

https://fxww.com/fxww-select/

Wish you all the best of luck in a search for your dream prop firm .

Thanks
I always knew that someday I would make it big
  • #2,723
  • Aug 2, 2021 7:56pm Aug 2, 2021 7:56pm
Quoting forexer
Hello Traders, been following this great thread for a while, a very informative topic about funding for aspiring traders here , really I could grasp a great deal of information for my prop firm search here, although it is my first post, I think I have a funding site to share with you all to explore, it's called Fxww, it's NOT a traditional prop firm or a newly created out of the blue funding site either, it's a comprehensive funding program for real talented traders who looking for a mega Forex account to manage in the future. I think it looks totally...
Have you used them or you are just link dumping?

I highly doubt they have access to 50 million dollar hedge fund investors. Actually to me saying such a thing is a giant red flag given their business type.
  • #2,724
  • Aug 2, 2021 8:04pm Aug 2, 2021 8:04pm
Another update on thefundedtraderprogram. After a day has now passed, I can tell you that the backoffice with the analyzer is slow.. took around 30 odd minutes to update. So if you are using the analyzer for trade information, be careful.
  • #2,725
  • Aug 2, 2021 10:35pm Aug 2, 2021 10:35pm
Ultra Capital Fund
I hope the thread owner can add this to the list , probably the best Forex Prop firm out now. Im currently with them (not funded yet)
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #2,726
  • Aug 2, 2021 10:55pm Aug 2, 2021 10:55pm
Quoting Masterrmind
I wonder how many traders are looking to undertake evaluation process at a Prop Firm. Masterrmind .......
I have 7 forex prop firms on my list that im going to join and pass. Excited to have a thread like this. the business of prop trading is a dream come true for me
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #2,727
  • Aug 2, 2021 11:24pm Aug 2, 2021 11:24pm
Quoting Erpthetrader
Ultra Capital Fund I hope the thread owner can add this to the list , probably the best Forex Prop firm out now. Im currently with them (not funded yet)
Seems interesting. Australian address but doesn't have Australian Financial Services Licence (AFSL) listed on the site. That would create a legal issue if reported to ASIC regulator.

There is another company using the same address.
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Trading is SIMPLE not EASY.
  • #2,728
  • Edited 1:26am Aug 3, 2021 12:28am | Edited 1:26am
Quoting pipmaster77
{quote} You're doing better than me and I'm a month in.{image}
25 active trading days

earlier today AUD news helped nicely and exactly because of this, I opt for Swing account with FTMO.
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  • #2,729
  • Aug 3, 2021 2:00am Aug 3, 2021 2:00am
Quoting Erpthetrader
{quote} I have 7 forex prop firms on my list that im going to join and pass. Excited to have a thread like this. the business of prop trading is a dream come true for me
Take note on all this ...hedging martingale stacking. So can only straight forward ABC trading. Need to clarified more
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  • #2,730
  • Aug 3, 2021 2:43am Aug 3, 2021 2:43am
Quoting Erpthetrader
Ultra Capital Fund I hope the thread owner can add this to the list , probably the best Forex Prop firm out now. Im currently with them (not funded yet)
Yes I will add that Prop Firm to Post 1.

Masterrmind .........
Master your Mind then Master your Trades
  • #2,731
  • Aug 3, 2021 2:44am Aug 3, 2021 2:44am
Quoting Erpthetrader
Ultra Capital Fund I hope the thread owner can add this to the list , probably the best Forex Prop firm out now. Im currently with them (not funded yet)
The 5ers/Lux category of prop firms. Not bad.
  • #2,732
  • Aug 3, 2021 3:00am Aug 3, 2021 3:00am
Well, it appears that Ultra Capital is a franchisee of the infamous Traders Central.

Saw the info on their FAQ under "Where does the trading capital come from?"

For some reason, I'm unable to do a copy-paste so just look it up...
Amor Fati--F. Nietzsche
  • #2,733
  • Aug 3, 2021 3:09am Aug 3, 2021 3:09am
Quoting doji
Well, it appears that Ultra Capital is a franchisee of the infamous Traders Central. Saw the info on their FAQ under "Where does the trading capital come from?" For some reason, I'm unable to do a copy-paste so just look it up...
Good Catch.
A suspected, any firm that has the "after you pass, our risk management team will analyze your trading behaviour to see if we are comfortable with it, if not, we will refund your fee" Clause usually has a relation to TCF.
Still yet to see any actual funded Traders central fund traders.
  • #2,734
  • Aug 3, 2021 5:14am Aug 3, 2021 5:14am
Ultra capital...every new firm seem to be scan by us before nod. This is a good thread by far.
The profit and DD setting is good but alot of grey area. Correct if I am wrong....if reach 10%. Can not proceed next level if one withdraw profit. So 10% is free labour? If that is true .. it's not very smart to join....
  • #2,735
  • Aug 3, 2021 7:14am Aug 3, 2021 7:14am
Quoting Takisd
{quote} You know you will get banned everywhere that you can use it right? you will lose money by spending money on challenges and getting banned. The one I used is waygrow, its available free in google if you search. I changed the settings in it to fit the feed of the provider and voila money printer.
no sir, not for Prop firm challenge, i take the heed of your comment
  • #2,736
  • Aug 3, 2021 7:30am Aug 3, 2021 7:30am
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.
Made 10k in one month playing a video game as you say. I think I will keep playing it
  • #2,737
  • Aug 3, 2021 8:16am Aug 3, 2021 8:16am
Quoting jinsen
Ultra capital...every new firm seem to be scan by us before nod. This is a good thread by far. The profit and DD setting is good but alot of grey area. Correct if I am wrong....if reach 10%. Can not proceed next level if one withdraw profit. So 10% is free labour? If that is true .. it's not very smart to join....
I dont understand your post ? if you reach 10% you have a choice to withdraw or keep as capital buffer , I can bring someone who works for them maybe they can explain better for you
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #2,738
  • Aug 3, 2021 8:17am Aug 3, 2021 8:17am
Quoting jinsen
{quote} Take note on all this ...hedging martingale stacking. So can only straight forward ABC trading. Need to clarified more {image}
if you cant reach 6% within 6 months with a 8% DD just from straight forward trading then this firm is definitely not for you
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #2,739
  • Aug 3, 2021 8:25am Aug 3, 2021 8:25am
Quoting Erpthetrader
{quote} I dont understand your post ? if you reach 10% you have a choice to withdraw or keep as capital buffer , I can bring someone who works for them maybe they can explain better for you
What he is saying is just like with any other Traders Central Fund white label, is if you pull the 10% they will not scale you. If you do not wish to scale you can pull your profits, if you wish to scale, you must leave the 10% in......it's a horrible deal and there are numerous better options.
  • #2,740
  • Aug 3, 2021 8:27am Aug 3, 2021 8:27am
Quoting pipmaster77
{quote} What he is saying is just like with any other Traders Central Fund white label, is if you pull the 10% they will not scale you. If you do not wish to scale you can pull your profits, if you wish to scale, you must leave the 10% in......it's a horrible deal and there are numerous better options.
Thanks for clarifying. To each is own, to me thats still a win:win and I see it as just business but i guess for others its a horrible deal lol
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
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