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  • #8,841
  • Jun 28, 2022 5:34pm Jun 28, 2022 5:34pm
Quoting pipmaster77
{image}Found this on forexpropreviews.com. Cannot find TFF "official" published stats
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So TheFundedTrader paid out $500K more than TrueForexFunds in May
  • #8,842
  • Jun 28, 2022 6:16pm Jun 28, 2022 6:16pm
Quoting Takisd
{quote} How will MFF and FTMO die by 2025? Traders are not getting smarter. TFF is teenie tiny, its not in the top 4 at all in terms of size. The ones that appear to have their things sorted and will be good in the long run I think are FTMO MFF 5ers. I dont like 5ers model but they run a clear and clean shop. e8 mark my words, it wont be ever in the top 4 list. Is there anything that is TFF size that has the same model?
My answer is simple.
TFF pays.
Win an evaluation and make 100 or 200 k by paying 540 dollars.
In a period of 1 year.
You win
No one knows who will survive for next 3 years.
So, IMO, it is meaningless topic to discuss who is not good currently
Intraday only.
  • #8,843
  • Jun 28, 2022 6:21pm Jun 28, 2022 6:21pm
Quoting EnoFX
{quote} Goes without saying any of these firms can fold at any time (just like any other business). I just didn't get what was so relevant about 2025 that you had to mention it.
It is just the duration I mentioned.
A very good trader with 3 or 4 prop firms can make a lifetime earning, say 1 or 2 millions.
Then relax.
It is like high paying off shore contract job.
Earn for 6 months and look for another Firm.
Intraday only.
  • #8,844
  • Jun 28, 2022 6:25pm Jun 28, 2022 6:25pm
A very good trader can make a lifetime earning with current top 4 in 3 years.
One person is making 500k in a month. Getting paid. !
Intraday only.
  • #8,845
  • Jun 28, 2022 6:31pm Jun 28, 2022 6:31pm
Quoting pipmaster77
So TheFundedTrader paid out $500K more than TrueForexFunds in May
-There are also some other stats that they talked about in their video that was published in May:

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  • #8,846
  • Edited 10:49pm Jun 28, 2022 9:07pm | Edited 10:49pm
Based on most recent web traffic stats.... this is how they rank. This seems to correlate well to size of their monthly payouts...

1a. 3.1M MyForexFunds
1b. 3.1M FTMO
2. 630K The Funded Trader
3. 270K E8
4. 250K The5%ers
5. 200K True FX Funds
6. 100K The Prop Trading
  • #8,847
  • Jun 28, 2022 9:39pm Jun 28, 2022 9:39pm
Quoting CableJ
Based on most recent web traffic stats.... this is how they rank. This seems to corollate well to size of their monthly payouts... 1a. 3.1M MyForexFunds 1b. 3.1M FTMO 2. 630K The Funded Trader 3. 270K E8 4. 250K The5%ers 5. 200K True FX Funds 6. 100K The Prop Trading
wow.....FTMO and MFF are truly in a league by themselves.
  • #8,848
  • Jun 28, 2022 10:23pm Jun 28, 2022 10:23pm
Quoting navk
{quote} In my opinion, the firms who give payouts should be given high scores. I think that the firms which are not worth can be removed from the list once for all. MFF, FTMO, TFF pays to my knowledge. These firms are good. So let us stick to this instead of venturing different firms. The negative reviews lead to doubts about the business itself overall.
I agree that the most importante factor is paying. Without that there's nothing else to discuss. No point in having their own server, good spreads, good targets, good dashboard, etc. If they don't pay all this is useless.

However I don't think that paying is a sole criteria for high score. I got paid once from Traders Central Fund (a surprise I must say) but I don't recommend them.
  • #8,849
  • Jun 28, 2022 10:33pm Jun 28, 2022 10:33pm
Such firms can be put in a list " Untouchable "
Intraday only.
  • #8,850
  • Jun 28, 2022 10:35pm Jun 28, 2022 10:35pm
When trying a new prop I try to select those with Paypal payment. In this way I minimize the risk.

I received a reasonable amount of money in payouts from Funding Talent (still today one of the most profitable for me). And, on the top of that, I got all the fees back from Paypal, even the failed challenges. It was all profit.
In The Trading Capital, which is a scam, I also received fee back from Paypal.

I'm trying E8 because they have Paypal.
I tried The Prop Trading from the same reason.
Same for Trader Central Fund
I tried TFF in the beginning because they had Paypal (they don't have it any more)

I feel safe trying out a prop when they have Paypal. At the worst, like The Trading Capital, I get fee back and it's just wasted time. At the best, like Trader Central Fund, I get a surprise.
Having Paypal is like an insurance. I know we can get charge back from credit cards but Paypal is a lot easier to handle in my opinion.
  • #8,851
  • Jun 28, 2022 10:44pm Jun 28, 2022 10:44pm
Quoting Capablanca
{quote} I agree that the most importante factor is paying. Without that there's nothing else to discuss. No point in having their own server, good spreads, good targets, good dashboard, etc. If they don't pay all this is useless. However I don't think that paying is a sole criteria for high score. I got paid once from Traders Central Fund (a surprise I must say) but I don't recommend them.
Exactly...the 5%ers pay....a fraction of what you would make trading on your own. So, yes, first and foremost, they must pay. After that, value for your investment (max DD vs. fee, targets to pass, etc.), trading conditions (spreads, commish, hidden rules) and having their own server should round out the criteria. Customer service, I suppose, should be factored in as well, but TBH I rarely have needed customer service with any of the firms I use.
  • #8,852
  • Jun 28, 2022 10:54pm Jun 28, 2022 10:54pm
Quoting pipmaster77
{quote} wow.....FTMO and MFF are truly in a league by themselves.
Yea, it's basically MFF & FTMO in the majors and everyone else is in the minor leagues.
  • #8,853
  • Jun 28, 2022 11:01pm Jun 28, 2022 11:01pm
Question for the others that are currently funded... how many months out of 12 would you say your performance is >= what is needed to pass phase 1 of these challenges?
  • #8,854
  • Jun 28, 2022 11:42pm Jun 28, 2022 11:42pm
Quoting CableJ
Question for the others that are currently funded... how many months out of 12 would you say your performance is >= what is needed to pass phase 1 of these challenges?
Absolutely 0. Passing challenges and trading the funded are 2 completely different animals in my world. My goal is 1.5-2 million in funding and earn 2-3, maybe 4% per month. 1% weekly earns you 50% annually (42-43% after split) of your TOTAL FUNDING. This is why I am always commenting on those violating daily DD.....you can trade these accounts with such small risk, you can sleep like a baby with positions open. I set my risk so that if an apocalypse happens, I'll lose about 1.5, maybe 2% in a day. Have I blown funded accounts?......hell yeah, several......will I ever again......hell no (well maybe little 10K experimental ones)....too much effort to get there. I think the first few times you get to funded, the sheer adrenaline and excitement are overwhelming. I actually recommend sitting on your hands for a few days after getting to the funded stage.
Actually I have had 1 month with one firm......it was a perfect month though.
  • #8,855
  • Jun 29, 2022 12:14am Jun 29, 2022 12:14am
I found this resume of TFT programs in a FB group. Please note that I haven't checked if this is accurate.
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  • #8,856
  • Edited 4:26am Jun 29, 2022 3:15am | Edited 4:26am
Quoting pipmaster77
{quote} Absolutely 0. Passing challenges and trading the funded are 2 completely different animals in my world. My goal is 1.5-2 million in funding and earn 2-3, maybe 4% per month. 1% weekly earns you 50% annually (42-43% after split) of your TOTAL FUNDING. This is why I am always commenting on those violating daily DD.....you can trade these accounts with such small risk, you can sleep like a baby with positions open. I set my risk so that if an apocalypse happens, I'll lose about 1.5, maybe 2% in a day. Have I blown funded accounts?......hell...
I'm -1.1% max daily DD (back to back and I'm done), and 28 straight losses to blow account (not happening). I also stop trading until start of next month once I reach >4%... lots of time off to do other things besides staring at charts.
  • #8,857
  • Jun 29, 2022 10:02am Jun 29, 2022 10:02am
Hi all,
I'm just trying to understand how MFF can offer this. I'm looking at the $20000 evaluation account. I would pay $139 fee, pass phase 1 and phase 2 on demo, then be given a $20000 live account where I can lose $2400 of THEIR capital before my account is terminated. How are they able to offer this and have all the risk (apart from $139) themselves? Am I missing something as it seems to good to be true? I can only think that masses of traders fail the first phase for every 1 who passes and this is how they make their money. The rules seem clear though.
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  • #8,858
  • Jun 29, 2022 10:06am Jun 29, 2022 10:06am
Today was a great day, between drinking sea water by accident and having someone threaten me in dms, seems like a regular wednesday.

If you can't stand the heat, stay out of the kitchen.

Traffic states isn't a huge indicator of sales, its easy to bot traffic. I'd say in terms of top 2 its accurate, the rest seems to be missing a few surprise companies.

For Navk, I will do a TFF account next week. Navk, are there any hidden rules I should be aware of?
  • #8,859
  • Jun 29, 2022 10:08am Jun 29, 2022 10:08am
These are stats from february for example:

Quote
Percentage of traders who passed phase 1: 31%
Percentage of traders who passed phase 2: 14%
So only 31% x 14% = 4.34% made to the funded phase.

Here they have no loss yet.

I can't recall the ones that get a payout but it was pretty low.
  • #8,860
  • Jun 29, 2022 10:10am Jun 29, 2022 10:10am
An addition to my post above, which is a red flag. I spoke to a support person on live chat and asked lots of questions. They were helpful and polite, so I click the 'thumbs up' to rate the chat as good. Then they ask me to give them a positive review on trustpilot for the support received, along with a link to the trustpilot page. HOWEVER, it is the general trustpilot page for MFF. So everybody who enquires and is not even a customer, but has not traded with them, gets asked to leave a positive review, and many have done so, with a comment about good support.

So if you just look at the ratings and don't dive any deeper, MFF have 92% 5 star reviews on trustpilot from 5562 reviewers. They are engineering positive reviews from non-customers. I understand that all companies want good reviews, but this is misleading.
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