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Anyone trading with a Prop firm 2 replies

prop firm new model - my trading journey 869 replies

So I accepted a Prop Trading job in South Beach Miami 43 replies

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  • Post #4,881
  • Quote
  • Oct 28, 2021 9:46am Oct 28, 2021 9:46am
  •  JotaP
  • | Membership Revoked | Joined Feb 2021 | 804 Posts
Quoting Vitore
Disliked
{quote} Everyone gets it upon visiting their page
Ignored
After I registered I am not seeing any discount at all. Need to clean my glasses.

Quoting Vitore
Disliked
{quote} Though in fact it means 10% unless you sign up as the 250th
Ignored
I see, "call now" like on TV ads.
Follow your guts, if you want to lose your money...
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  • Post #4,882
  • Quote
  • Oct 28, 2021 9:47am Oct 28, 2021 9:47am
  •  Vitore
  • | Joined Jul 2019 | Status: Member | 431 Posts
Quoting JotaP
Disliked
{quote} After I registered I am not seeing any discount all. Need to clean my glasses.
Ignored
Or it might be a dirty trick, who knows. I have not registered
Even a broken clock is right twice a day
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  • Post #4,883
  • Quote
  • Oct 28, 2021 10:16am Oct 28, 2021 10:16am
  •  mrdfx
  • Joined May 2017 | Status: Member | 3,685 Posts
Not too keen on some commercial members marketing their offers here, they have their own threads for doing that stuff.

@Masterrmind do you agree, am I wrong to think this? Perhaps these commercial members need to be restricted from posting to keep this thread clean.
Truth is like poetry. And most people f*cking hate poetry.
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  • Post #4,884
  • Quote
  • Oct 28, 2021 10:23am Oct 28, 2021 10:23am
  •  Paulscaff1
  • Joined Feb 2021 | Status: Member | 637 Posts | Online Now
Quoting mrdfx
Disliked
Not too keen on some commercial members marketing their offers here, they have their own threads for doing that stuff. @Masterrmind do you agree, am I wrong to think this? Perhaps these commercial members need to be restricted from posting to keep this thread clean.
Ignored
I had the same thought when I saw it so im guessing were not the only ones.
1
 
  • Post #4,885
  • Quote
  • Oct 28, 2021 11:28am Oct 28, 2021 11:28am
  •  Koop
  • Joined Apr 2016 | Status: Conquistadores' | 1,545 Posts
Quoting JotaP
Disliked
{quote} After I registered I am not seeing any discount at all. Need to clean my glasses. {quote} I see, "call now" like on TV ads.
Ignored
Lol the 25% is said to be for the 250th person to register on a given day (like they get up to 250 signups per day lol).

What you actually get is a 10% discount when signing up.

I paid about 77Cad (63USD) instead of the stated 85Cad.

They offer some weird token coin with which you can get discounts. I've seen people who have been stacking coins for months just so they can get up a to 50% discount lmao
 
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  • Post #4,886
  • Quote
  • Edited 12:34pm Oct 28, 2021 11:49am | Edited 12:34pm
  •  Expo33
  • Joined Aug 2013 | Status: Member | 3,032 Posts
Quoting Koop
Disliked
{image}
Ignored
I didn't look too closely but isn't this basically about the same as DT4X's instant funding plan except it's 2.5 times more expensive?

In fact, their 10K account costs as much as DT4X's 25K account.
"Pride always comes before destruction...." -Proverbs 16:18
 
 
  • Post #4,887
  • Quote
  • Oct 28, 2021 11:50am Oct 28, 2021 11:50am
  •  profitfarmer
  • | Commercial Member | Joined Aug 2014 | 3,844 Posts | Online Now
Quoting Koop
Disliked
{image}
Ignored
nice Koop!

finally there is some move in the right direction about these "instant funded" model accts...
i don't mind to pay for as much as the full dd, but would expect to keep about 70% of profit for that "privilage"
60% isn't quite there yet, but definitely more appealing than the previous 50% offer that wasn't making much sense from the trader's point, if every scale up was only double of less.
there is always, always another trade!!
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  • Post #4,888
  • Quote
  • Oct 28, 2021 2:00pm Oct 28, 2021 2:00pm
  •  Mtinifx
  • Joined Feb 2011 | Status: Member | 6,018 Posts
Quoting Koop
Disliked
{quote} Lol the 25% is said to be for the 250th person to register on a given day (like they get up to 250 signups per day lol). What you actually get is a 10% discount when signing up. I paid about 77Cad (63USD) instead of the stated 85Cad. They offer some weird token coin with which you can get discounts. I've seen people who have been stacking coins for months just so they can get up a to 50% discount lmao
Ignored
Bro do they offer MT4 now? I see it is supposed to be available "on request"!
1
 
  • Post #4,889
  • Quote
  • Oct 28, 2021 2:29pm Oct 28, 2021 2:29pm
  •  Koop
  • Joined Apr 2016 | Status: Conquistadores' | 1,545 Posts
Quoting Mtinifx
Disliked
{quote} Bro do they offer MT4 now? I see it is supposed to be available "on request"!
Ignored
I think it's still on request to the best of my knowledge, and that applies only to the challenge. The instant Funding seems to only have MT5.
Even on the challenge model, once you get the the funded account, you can't use mt4 any longer.
1
 
  • Post #4,890
  • Quote
  • Oct 28, 2021 2:32pm Oct 28, 2021 2:32pm
  •  Koop
  • Joined Apr 2016 | Status: Conquistadores' | 1,545 Posts
Quoting profitfarmer
Disliked
{quote} nice Koop! finally there is some move in the right direction about these "instant funded" model accts... i don't mind to pay for as much as the full dd, but would expect to keep about 70% of profit for that "privilage" 60% isn't quite there yet, but definitely more appealing than the previous 50% offer that wasn't making much sense from the trader's point, if every scale up was only double of less.
Ignored
Yeah! A 70% split would be ideal. I think 60 is still the highest so far on Instant Funding models, tied between TCF and DT4X.

Quoting Expo33
Disliked
{quote} I didn't look too closely but isn't this basically about the same as DT4X's instant funding plan except it's 2.5 times more expensive? In fact, their 10K account costs as much as DT4X's 25K account.
Ignored
Lol yes, Dt4x still offers the best value for money, with MFF being the worst IMO, even with the scaling.

50K Instant Funding - 2500$ max DD

DT4X - $575
TCF - $2050 (2524CAD)
MFF - $2450

TCF's new offering is more like MFF's accelerated though. They both offer 1:50 leverage while Dt4x is at 1:10.

Don't see myself ever going for any of them. At least not yet.
 
 
  • Post #4,891
  • Quote
  • Oct 28, 2021 3:40pm Oct 28, 2021 3:40pm
  •  Nsak3y
  • Joined May 2020 | Status: Member | 974 Posts
Quoting Koop
Disliked
A 70% split would be ideal. I think 60 is still the highest so far on Instant Funding models
Ignored
-I believe that Corp Equity Capital offers 70%, but there is no way that I would trade for this firm after seeing the founder interview.


Someone was just asking me about direct-funding options, so I put together a short list of firms that offer it:

https://www.buoytrade.com/
https://www.fundedacademy.com.au/ (direct funding coming soon?)
https://myforexfunds.com/
https://the5ers.com/
https://www.topstep.com/ (not sure, maybe direct?)
https://blufx.co.uk/
https://www.audacitycapital.co.uk/
https://www.citytradersimperium.com/
https://dt4x.com/
https://www.traderscentral.com/
https://corpequitycapital.com/

I personally think that most direct-funding options are not worth it, though.
 
2
  • Post #4,892
  • Quote
  • Oct 28, 2021 4:11pm Oct 28, 2021 4:11pm
  •  Boulder
  • Joined Jul 2014 | Status: Member | 24,791 Posts
Quoting DylanE8
Disliked
We offer instant credentialing, on phase and 1 phase; funded accounts are issued within hours typically after we review the account. It is surprising to me that most of these firms did not invest in the tech to do so from the beginning. We are also offering a promo through the month of October and i just thought I could drop the offer here for those who do not follow our social channels. {image}
Ignored
I just signed up your $250k E8 account. I will let people know about my experience here.
 
3
  • Post #4,893
  • Quote
  • Edited 4:29pm Oct 28, 2021 4:13pm | Edited 4:29pm
  •  Cryptosurf
  • Joined Feb 2015 | Status: Member | 1,413 Posts
People are pretty giddy over at Blakes The Funded Trader. Looks like the chap was trading mostly NAS100 on a 600K account. Seem plausible with that much margin. Still off the table for me, that EA ban even for Trade Managers is stupid af.


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Trade with confidence, trade without fear.
 
 
  • Post #4,894
  • Quote
  • Oct 28, 2021 4:33pm Oct 28, 2021 4:33pm
  •  Boulder
  • Joined Jul 2014 | Status: Member | 24,791 Posts
Quoting DylanE8
Disliked
We offer instant credentialing, on phase and 1 phase; funded accounts are issued within hours typically after we review the account. It is surprising to me that most of these firms did not invest in the tech to do so from the beginning. We are also offering a promo through the month of October and i just thought I could drop the offer here for those who do not follow our social channels. {image}
Ignored
I got instant MT4 logon info for E8account.
 
3
  • Post #4,895
  • Quote
  • Oct 28, 2021 5:18pm Oct 28, 2021 5:18pm
  •  nikosk0
  • Joined Apr 2020 | Status: Member | 745 Posts
Quoting Cryptosurf
Disliked
People are pretty giddy over at Blakes The Funded Trader. Looks like the chap was trading mostly NAS100 on a 600K account. Seem plausible with that much margin. Still off the table for me, that EA ban even for Trade Managers is stupid af. {image} https://www.youtube.com/watch?v=3NMyYn42bN4
Ignored
forex league are the ones behind fxseed. ( i think...)
i've seen their trading first hand when they had that "master trader, trade managers, thing"

they dont know how to trade. i watched some analysis from them as well some accounts with investor passwords they gave out
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  • Post #4,896
  • Quote
  • Oct 28, 2021 5:33pm Oct 28, 2021 5:33pm
  •  Cryptosurf
  • Joined Feb 2015 | Status: Member | 1,413 Posts
Quoting nikosk0
Disliked
{quote} forex league are the ones behind fxseed. ( i think...) i've seen their trading first hand when they had that "master trader, trade managers, thing" they dont know how to trade. i watched some analysis from them as well some accounts with investor passwords they gave out
Ignored
Doesn’t surprise me in the least.
Trade with confidence, trade without fear.
1
 
  • Post #4,897
  • Quote
  • Oct 28, 2021 9:41pm Oct 28, 2021 9:41pm
  •  Le.Metier
  • | Joined Jul 2020 | Status: under the radar | 188 Posts
new 5er plan, looks better than 5er summer plan
*Nov 1 plan should be available on their website

bootcamp test is 24% target Vs 30% summer plan
no pip target Vs 400 pips summer plan

pdf summary attached
Attached File(s)
File Type: pdf 5er bootcamp.pdf   696 KB | 113 downloads

video link
 
1
  • Post #4,898
  • Quote
  • Oct 28, 2021 10:50pm Oct 28, 2021 10:50pm
  •  Nsak3y
  • Joined May 2020 | Status: Member | 974 Posts
Regarding 5ers bootcamp, some people on facebook were claiming that it was the best thing ever, but I'm just not seeing it.

Unless you are working with a really small budget, I do not understand what is so great about it. Maybe there is something that I am not yet aware of.

I did see that they do not offer indices and although they allow withdrawals at any time, they charge you a fee for any subsequent withdrawals beyond your first request within the same month.
 
1
  • Post #4,899
  • Quote
  • Oct 29, 2021 2:31am Oct 29, 2021 2:31am
  •  jinsen
  • | Joined Jan 2009 | Status: SNIPER | 286 Posts
Quoting Koop
Disliked
{quote} Yeah! A 70% split would be ideal. I think 60 is still the highest so far on Instant Funding models, tied between TCF and DT4X. {quote} Lol yes, Dt4x still offers the best value for money, with MFF being the worst IMO, even with the scaling. 50K Instant Funding - 2500$ max DD DT4X - $575 TCF - $2050 (2524CAD) MFF - $2450 TCF's new offering is more like MFF's accelerated though. They both offer 1:50 leverage while Dt4x is at 1:10. Don't see myself ever going for any of them. At least not yet.
Ignored
Just join mff acc. tcf can hold over weekend.
Prefer tcf than mff
 
 
  • Post #4,900
  • Quote
  • Oct 29, 2021 3:24am Oct 29, 2021 3:24am
  •  jonander50
  • | Joined Nov 2011 | Status: Member | 169 Posts
Hey there. The prop firm list is pretty big, anyone can help me?

I am looking for a low entry free investment firm, whose initial proof of % earned has no time limit, and that optionally allows the trading of stocks and options.
1
 
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