Prop Firm Hub

They have no max daily loss. That is really good. So you have more room for DD if required. That is an advantage to most others prop and only 1 evaluation step here.

If that is the case then they need to use the wording "absolute drawdown from initial balance" like other firms because it is
confusing. The word "static" when used with drawdown generally means it moves with your high watermark. Below is the comparison on 5%ers website.
https://the5ers.com/drawdown-on-a-funded-account/

Problem is know how reliable are as company. Funds firms are like crypto currencies. Growth like mushrooms

[quote=TrAndy1;13962348] What kind of experience can u plz share, what they did with me was wrong and after that they mailed me and changed there words time to time, free offer is to get free marketing, that's it . Who can use cheating to get attention can cheat with fund also

[quote=inversio;13962416] I had a couple of emails with them regarding questions of stoploss and no martingale. So place only one order for one entry and the stoploss can be placed afterwards when the order is already entered. Then you were fine for the free evaluations. They made a couple of comments they showed me they are professionals. Also they only got income from copying trades only so they must know what they are doing. If that is not a proof enough, I cannot help. They were not for the fees so far. They only wanted profitable traders for their copying. Also I must say the word static is defined what it is here, it is fixed not moving just being static. Other props have other interpretation of the same word, there is no common convention regarding terms here, sorry. Now they removed stoploss being required and I also see there is no max daily loss anymore. It is a really good offer for me, but I do not want to defend them all the time here. Make your own opinion. So far I had good experience with them that is what I can tell you. There are some negative being here, but I guess they had no experience with them so far. I want to stop here defending them. I will share my experiences with them later when some progess is made.

Hi,
Anyone heard of this outfit?
https://www.buoytrade.com
Are they paying their traders?

Having scoured their website it appears to be quite a good deal at present.

TTT -

40 days to make 10% with a DD of 8% with no daily DD requirement.
$100K challenge costs $240 for the month of April.

MFF -

30 days to make 8% with a DD of 12% and a daily DD requirement of 5%.
$100K challenge costs $499.

Only question really is how reliable is TTT !!

Certainly worth a second look in my opinion.

Due diligence as always.

Masterrmind ......... .

Well I couldn't find "toptentraders"

It's apparently "tentoptraders.com"

And I cannot find any funded accounts to buy!

The domain was registered on 11th January, 2022 and expires on 11th January, 2023


Mmmmmmm

Talking to Sam at TTT. He tells me they are having coding problems with payment gate-way. Hoping to be up and running by Monday.

Looked at tentoptraders yesterday. Website screams run away to me.

Anyone starting a funding program should have a large amount of capital available to them, and paying to have a professional website built should be a top priority. Just my opinion.

When you look closely, in relation to DD, 10% profit with 8% DD is asking for 125% return in 40 days, MFF is asking for 8% with 12 % DD in all reality 60 days, but even if we call it 30 days......it is 67% for MFF vs. 125% with TTT. Once again, these companies just spin numbers which in turns spins traders heads. If the target is higher than the DD they are asking you to gain over 100%.
Once again, brings up that burning question that always triggers in my head (and I know you've mentioned several times) when one says they've joined one of these firms........
Do you have your 600K with MFF and 400K with FTMO? That is where 100% of your energy should be as opposed to seeking out new firms.
Once again, choosing a different company DOES NOT INCREASE CHANCES OF PASSING. In fact, in most cases, it is the exact opposite.
After you have secured the million with the 2 largest, most proven, most reliable firms, then yes, more funding is great, take a chance with one of these others. Until then, I scratch my head in amazement everytime I see "I joined this or I joined that"....truly just do not get it.

I agree 150% with you friend talking about the ways how to pass and keep after that evaluation's is more reliable then searching foe new once when you have 2 who proven that pays these is just losing time and distructing yourself...

Kind of sounds to me like you have a vested interest in this company. Maybe not. Let us know how it goes. Did you even get your credentials yet for the purchase you made?

Hello Nsak3y;

Firstly I wish to sincerely apologise for addressing you by your profile name on. I am at a quandary since I don’t address anyone generically, especially with written correspondence such as just, Hello, Hi, Good Day etc. without including their name & I don’t know what your actual name is, so I am limited to addressing you by your profile name.

Secondly & no doubt of immense importance I wish to record my gratitude for your responses to this thread. I have lost count of the number of times I logged on to it over the last year even though I don’t post replies. My last post on FF was somewhere in 2019 when I felt inclined to reply to a compelling thread concerning a different matter.

It is without a doubt that the drawcard to me returning to this thread is by & large attributable to the measured & positive contributions you make. There are also others who make incredibly valuable comments such as “Takisd”, “Pipmaster” (who is trying despite the seemingly uphill battle to sincerely from the heart explain the futility of the direct funding smokescreen. By virtue of his resilience in this area alone demonstrates that he is; like those of us who stay in the mind bending trading arena “in it to win it”) & a few others who, by me not mentioning by name does not diminish their wonderful contributions.

If I may beg your indulgence & all on this forum to formally introduce myself with back-bone background, I am Des from Durban, South Africa.
I have being trading the 28 main FX pairs exclusively since 2017 & despite understanding full well that there are great opportunities which present on some of the other instruments eg. XAU for starters or certain FX exotics for that matter which really possess the propensity to shimmy on certain days with massive runways so far as ADR go I have become somewhat a slave to the pairs which I have developed intrinsic understanding of over the years elapsed.

The reason I came out of the woodwork after all these years to make a post again is in reply to your most recent comment in relation to the exchange in relation to the company tentoptraders.

I stand in awe of your assessment concerning this website seeing as from what I understand from this exchange you never had a DT4X account. To put the reason I digressed to DT4X in perspective a little background…

The sad reality is I was part of the group who purchased their very attractive looking direct funding model. This was unfortunately before I came upon Pipmaster’s information & to add insult to injury their purchase price was indeed far cheaper than the DD allowed. The starting price to ensnare greedy, ignorant, star-gazing USD 1 Million & seeking instant gratification traders like myself (sometimes we just never learn) was just around USD500 for USD 50k account which allowed for USD 5k drawdown with what seemed like conditions which even traders at intermediate level could supersede the targets with.

Traders did in fact achieve payouts (so far as reviews stated, I can’t be sure) & things were looking favourable so after scanning them for sometime I decided to give it a try. Those who had got in on the ground floor had already reaped the rewards & they were now trading risk-free having recouped their capital outlay is what I suspect. I was unfortunately one of those who got in much later & found from early Jan 2022 the terms & conditions were being amended aggressively & all effective immediate once the generic e-mail was sent to the traders who had active accounts.

This implied that if the month had gone by & someone was eligible for profit payout an “offence” which was not an offence when they were trading was now implemented & back-tracked to the previous trading cycle which rendered them unable to draw profits.
Further information on this predatory & generally unethical practice can be found on trustpilot since many traders sought to express their discontent without from what I can gather any satisfactory outcome.

The axe finally swung later on with a final mailer claiming that the company is closing down due to not being able to provide an excellent level of service. I wish someone would be able to drink that kool aid seeing as everyone knew what had just happened. Supposedly everyone who signed up after around 15.01.22 would be refunded whilst the rest even those of us who had accounts in the green had our accounts terminated without recourse of a refund even though we had not failed the requirements.

I saw it for what it was & being by & large reserved with my comments I let it go as having been taken for a ride & used the learning as a stepping stone for future due diligence if signing up with these companies.

For those courageous souls who managed to read through the lengthy comment I posted there is a reward…

The terms & conditions on the company tentoptraders are identical, almost congruent to DT4X amended terms when they were starting to render trading conditions untenable. A few of the major conditions which I am unsure if traders expressing interest in this company have noted such as max 5 open positions, their stop loss rule with maximum 2% exposure collectively across all open orders. There is also the minimum 5% profit target before withdrawal can be requested & the gains carry over into the new month if the 5% is not achieved in a 30 day cycle. There are other similarities such as the minimum 10 day per month trading requirement as well.

They are even using the same language/term for leverage as gearing 1:10 with the strong warning of contravention in this regard along with maximal drawdown which they recommend be viewed of the MT4 platform.

Perhaps the most compelling of all these is the fact that their terms & conditions details their company name as T10T but more than once it details the name as DT10T. Is the D merely a typo or was it not omitted when DT4x was changed to T10T if this is the case?

Another resemblance is the unique scaling process which supposedly still continues to increase despite profits being withdrawn. DT4X when marketing that process actually had a video on their website creating the impression that this was a sort of 1st to market disruptor intended to add value to traders, pity it was simply smoke & mirrors intended to entice & then relieve traders of their funding fee even though they never blew the trading account.

The long & short is this company, tentoptraders (in my opinion) & extending on the correlations I pointed out bears a striking resemblance to much of the DT4X terms during the stages when they were changing their terms. This company (TTT) still has the same date on the terms which was on DT4X when the amendments first began i.e. 04.01.22.

I am unsure whether you had a glance at their online store tab which is offering products unrelated to trading along with the terms & conditions and “more” tabs which contain generic template information. I chose one of these weird products & can report it is officially in the cart. Do they sell this bizarre range of products along with offering prop trading?

Finally, a check of the domain confirms the rating not being the best & the most disconcerting being that the Whois information has been withheld. I have no doubt that you are fully aware that this is a red flag in itself as is much of the other core information normally available, which is withheld from search criteria.

I wish to conclude by stating in no uncertain terms that I cannot in good conscience make a statement beyond reasonable doubt that TTT is directly related to; or the new DT4X but the modus operandi surely creates it’s own compelling argument.

I will lean on the adage if it walks like a duck & quacks like a duck…

If I may be granted the privilege, I wish to apologise once again for the lengthy comment I have posted & I wish that it adds some value to traders considering this company. If nothing else if it could assist just one trader to not commit their funds into what could effectively turn out to be yet another red herring it would have rendered me having taken the time to type this feedback worthwhile. After all, the rate at which some of these companies are mushrooming is a marvel in itself.

A sincere & heartfelt thank you to the OP of this thread Mastermind. I am amazed, Sir that you report still not having dominated the challenges however I am confident that you will attain success through the passage of time…

After all once we progress through the life cycle of a trader to the ever allusive final resting place of unconscious competence, the lone attribute that, (here again in my opinion, which could resonate with many who have cut their teeth in this treacherous terrain) which takes us across the line may very well be, above all else, persistence.

Sincerely,
Des

u r promoting that they are offering free accounts. not seen any proof of payment for free accounts. and they ditched me as well. why should i look for others proof.

After passing their free program, they cancelled and mailed me to join again.

50% discount sounds great but after the finotrader debacle I think one should be really careful with these new untested prop firms.

I looked on youtube to see if TTT have any reviews but there is nothing.

Totally agree with Mastermind - better to stick with MFF and FTMO until you're maxed out

Looks like MyFF is having issues with executing large trades especially in forex. I have observed when I execute 1 lot it works fine but when I trade 10 lots it is consistently having slippages like if EUR/USD is trading at 1.09103 and place buy order for 1 lot it executes at given price but if I trade 10 lots it executes at 1.09106 and I tried on GBP/USD etc. I observed same thing on IC markets when I place large orders.
Did any one experienced same? It may happen in indices but difficult to justify as it moves pretty fast. But currencies are pretty slow.
Also it is having issues with stop losses sometimes it hits price and lags for a second or two before it gets executed.

That size of slippage is too much. MFF is ripping off traders with their oversensitive simulated slippage fills. Even on retail the markets are not that thin of course. It is a little bit more work, but just try to split your oders to 1 or 2 lots sizes until you feel comfortable with having no slippage and then put the SL or TP for all at the same price level. You should see there is no slippage at all even when 10 lots or more executed at once through 10*1 lot orders when SL or TP is hit. That should be a kind of trick or workaround I guess. On FTMO I have not noticed any slippage and sometimes more than 10 lots are executed at once. Not a single point or 0.1 pip slippage. That is excellent at FTMO. I just split any order above 5 lots into multiple orders there. MFF is just a fraud to their traders with that kind of behavior, because it reduces your potential profit split by extraordinary slippage. And when you make a lot of trades that counts of course much. Just make your order size so small and you are fine I would guess. Try it and tell me later if it works. On FTMO there is no slippage with that.

Are you guys really claiming you don't believe .003 slippage happens in the real market? I get it, if you simply want to bash MFF, but c'mon man.

I've seen a lot of *positive* slippage with MFF. Accusing them of ripping off traders in this regard is BS.