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  • #9,981
  • Aug 10, 2022 4:34am Aug 10, 2022 4:34am
For what it's worth I've traded a Rapid for sometime and made money from it although I can't recommend one based on the cost compared to an eval account.

You also cannot compound to get to the 10% you must make a minimum of 3 withdrawals. Once you've done this you then have to trade the "live account" for a minimum of 1 withdrawal (i.e. 28 days) BEFORE they refund you your fee.

So you are looking at minimum 4 months before you get a refund + 10% on rapid demo and a +% on your live.

It's very frustrating and I'm about to close mine because I can't be arsed with it anymore. Minimum 3 days a week to keep it open.
  • #9,982
  • Aug 10, 2022 4:48am Aug 10, 2022 4:48am
The allure is that he starts earning from day one trading a 100K account for a 749 fee with 12K DD; the problem is that for every 1000 he makes, he keeps 120.
  • #9,983
  • Aug 10, 2022 5:03am Aug 10, 2022 5:03am
congrats on 500 pages all
  • #9,984
  • Aug 10, 2022 5:09am Aug 10, 2022 5:09am
Quoting Thoughts
The allure is that he starts earning from day one trading a 100K account for a 749 fee with 12K DD; the problem is that for every 1000 he makes, he keeps 120.
Correct the ROI just isn't worth it after 4+ months.

It's a shame really because with just a few tweaks from MFF it could really help people learn how to trade with good risk management and the right mindset (this would be the only programme/provider to do this) but right now it just doesn't represent a fair offer for time spent trading it and the value of risk against the probability of losing your fee over 4 months.
  • #9,985
  • Aug 10, 2022 5:14am Aug 10, 2022 5:14am
Can 200000 account provide a higher profitability than 100000


I think for me it is better to do the 100000 evaluation challenge. If I fail than i have another possibility.

But If I do it with 200k and succeed, will that give me large advantageous over 100k.
  • #9,986
  • Aug 10, 2022 5:17am Aug 10, 2022 5:17am
Quoting Takisd
congrats on 500 pages all
Its still 250 pages on my FF page settings
  • #9,987
  • Aug 10, 2022 5:21am Aug 10, 2022 5:21am
Quoting Fagin
{quote} Correct the ROI just isn't worth it after 4+ months..
For me, it'd be a bit of a hard pill to swallow, that if I made 20K, I get to keep under 3K

Bump it up to 50% profit participation and I'd be rapid all day, every day..
  • #9,988
  • Aug 10, 2022 5:32am Aug 10, 2022 5:32am
Quoting Fagin
For what it's worth I've traded a Rapid for sometime and made money from it although I can't recommend one based on the cost compared to an eval account. You also cannot compound to get to the 10% you must make a minimum of 3 withdrawals. Once you've done this you then have to trade the "live account" for a minimum of 1 withdrawal (i.e. 28 days) BEFORE they refund you your fee. So you are looking at minimum 4 months before you get a refund + 10% on rapid demo and a +% on your live. It's very frustrating and I'm about to close mine because I can't...
I'm not sure what you mean by not being allowed to compound to get to the 10%. You mean as the account grows, you're not allowed gradually increase the lot size accordingly? I selected the NCA, not the CEA, for this purpose but I'm not sure if the no compounding rule still applies.

If I understood your message, below is the quickest way to get refunded:

0. Start on demo.
1. Make any % for month 1, then request withdrawal.
2. Make any % for month 2, then request withdrawal.
3. Make any % for month 3 for at least a total of 10%, then request withdrawal.
4. Move to live account.
5. Make any % for month 4, and request withdrawal and request fee refund.

But even the above isn't a dealbreaker. What is a deal breaker is that apparently, once you switch from Demo to Live, the account goes from a 500:1 100K to 100:1 10K. This became clear after asking many questions because their website didn't seem to have been updated with accurate information.

To summarize, I've requested a refund since I never placed a trade yet (thankfully).
  • #9,989
  • Aug 10, 2022 5:34am Aug 10, 2022 5:34am
Quoting Eren10
Can 200000 account provide a higher profitability than 100000 I think for me it is better to do the 100000 evaluation challenge. If I fail than i have another possibility. But If I do it with 200k and succeed, will that give me large advantageous over 100k.
I would like doing 100k accounts challenge separately.

Funded, I would like to merge. I will have more daily loss limit to play with.
Intraday only.
  • #9,990
  • Aug 10, 2022 5:56am Aug 10, 2022 5:56am
Quoting navk
{quote} I would like doing 100k accounts challenge separately. Funded, I would like to merge. I will have more daily loss limit to play with.

First plan is to play safely therefore I will take 100k evaluation.

Maybe then I will try the 200k challenge to take more risk
  • #9,991
  • Aug 10, 2022 6:03am Aug 10, 2022 6:03am
Quoting pipmaster77
{quote} {image}
In line with this, I would prefer the following :

1) MFF
2) TFT
3) TFF
4) FTMO.

Am i right Pip ?

I would like to try out TFT, and FTMO sometime.

TFF, MFF, I am already in.
Intraday only.
  • #9,992
  • Aug 10, 2022 6:30am Aug 10, 2022 6:30am
Quoting pipmaster77
{quote} {image}
Strange that The Prop Trading is not in the list. They're not shadier than some of the ones there...

For myself, personally, it is the one where I received more payouts.

I'm not commenting about conditions, spreads, etc. I'm just saying that they could perfectly be in that list.
  • #9,993
  • Aug 10, 2022 6:33am Aug 10, 2022 6:33am
Quoting muir
So I've crunched some numbers for the 5ers Bootcamp challenge model. TLDR it doesn't worth it. So you have to pay only €85 and get a $1250 account that you have to flip at a rate of 1.2 (that's the 6% profit vs 5% dd ratio) 3 times at the end which you get nada. OTOH if you put your €85 in your own account the same spiel will result you €187 (you make €102 + you keep your €85) at the end of round 1 and €905 at the end of round 3. Now they ask for €215 to give you a $100k account ($4k in real terms) with a 50% profit split. You have to flip it at...
This is what I emant yesterday when responding to madpips regarding YOU ACTUALLY LOSE MONEY TRADING at some of these firms.
  • #9,994
  • Aug 10, 2022 6:38am Aug 10, 2022 6:38am
Quoting Capablanca
{quote} Strange that The Prop Trading is not in the list. They're not shadier than some of the ones there... For myself, personally, it is the one where I received more payouts. I'm not commenting about conditions, spreads, etc. I'm just saying that they could perfectly be in that list.
If I recall, they are not there as they were not listed on the reviews site he had pulled all the names form. There may be an updated list which includes them. I have not searched. You are correct though, they would definitely crack the top 6 overall, IMO.
  • #9,995
  • Aug 10, 2022 6:40am Aug 10, 2022 6:40am
Quoting madpips
{quote} I'm not sure what you mean by not being allowed to compound to get to the 10%. You mean as the account grows, you're not allowed gradually increase the lot size accordingly? I selected the NCA, not the CEA, for this purpose but I'm not sure if the no compounding rule still applies. If I understood your message, below is the quickest way to get refunded: 0. Start on demo. 1. Make any % for month 1, then request withdrawal. 2. Make any % for month 2, then request withdrawal. 3. Make any % for month 3 for at least a total of 10%, then request...
You've about got it now, no I meant compound it to 10% and qualify for a refund. When you withdraw your balance resets to the starting point for the following month so there is no time benefit to compound your equity, either way they have your money for 4 months minimum. That's quite a risk...
  • #9,996
  • Aug 10, 2022 6:52am Aug 10, 2022 6:52am
That is latest update on my Prop Firm Ranking list I have looked up again.
Attached Image (click to enlarge)
Click to Enlarge Name: Latest_Prop_Rank.gif Size: 43 KB
  • #9,997
  • Aug 10, 2022 7:01am Aug 10, 2022 7:01am
Quoting navk
{quote} In line with this, I would prefer the following : 1) MFF 2) TFT 3) TFF 4) FTMO. Am i right Pip ? I would like to try out TFT, and FTMO sometime. TFF, MFF, I am already in.

pls do you have that indicator that close all open position?
MY OPINION NOT FINANCIAL ADVISE
  • #9,998
  • Aug 10, 2022 7:26am Aug 10, 2022 7:26am
Quoting madpips
once you switch from Demo to Live, the account goes from a 500:1 100K to 100:1 10K. This became clear after asking many questions because their website didn't seem to have been updated with accurate information.
-Do not forget about the fact that the 10K is coming from the profits that you had to generate on the account first. So you are funding the account yourself. They match up to something like 3.5%, but that is nothing, especially when are forking over 50% of your profits (or more). Even as/if your split grows, you are still losing when comparing to your own account over the long-term.

Better that you received a refund, even if the realization had to be discovered on your own accord.

Quoting donfriday
pls do you have that indicator that close all open position?
-I use an EA for MT5 called 'Close all in 1s'. It is available in the marketplace for free. I have used many others on MT4 and MT5, but this one is my current go-to because it actually closes all positions at the same time, in lieu of one-by-one, which can take forever, depending on how the execution is handled.
  • #9,999
  • Aug 10, 2022 7:37am Aug 10, 2022 7:37am
Quoting Nsak3y
{quote}-Do not forget about the fact that the 10K is coming from the profits that you had to generate on the account first. So you are funding the account yourself. They match up to something like 3.5%, but that is nothing, especially when are forking over 50% of your profits (or more). Even as/if your split grows, you are still losing when comparing to your own account over the long-term. Better that you received a refund, even if the realization had to be discovered on your own accord. {quote}-I use an EA for MT5 called 'Close all in 1s'. It is...
So the Rapid is not an honest product, more like a way to swindle people. What about their Evaluation? Is it a responsible program or, it's on the edge of being a scam too?
  • #10,000
  • Aug 10, 2022 7:38am Aug 10, 2022 7:38am
Quoting donfriday
{quote} pls do you have that indicator that close all open position?
For MT4 or MT5?
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