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  • #12,241
  • Nov 5, 2022 2:10pm Nov 5, 2022 2:10pm
Quoting Bizziebee
{quote} They have too many rules - ways to fail traders! Why buy a challenge with only 5% max loss when you can get a chellenge with 10% or 12% max loss with the well known companies?
Great question. People simply do not pay attention. Hmmmm.....MFF with 8% target and 12 % DD for $979 for 200K with hundreds of millions of dollars in payouts or scam me now funding where I can get a million dollar account with 3% trailing DD for 7K? Yep, done my research....I think I'll go with scammenow.com.
  • #12,242
  • Nov 5, 2022 2:16pm Nov 5, 2022 2:16pm
Quoting forexbali
{quote} yes and this is the last column I want to add in my files, I added one "AD" absolute drawdown but it will not be perfect, absolute is when it doesn't trail and they always give you the chance to lose that 5-10% below the IB even if you went to +20% then you can close at -10%. Now the problem of who trails and lock in at IB, that this can cause a problem if the scale up (x2, 100%) like in FTplus, or MFF accelerated x1.75 in average. so when you scale, if they don't give you again a daily or total stop out level below your IB you will have...
remember this about instant funding......
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Here's the deal, the instant funding companies, the no time limit companies.....they are all lacking something in exchange for the no time limit. In most cases, there is no time limit because you are funding your own account and then giving away a % of the profits. Of course they do not care how long you take.
I get it, the challenges (phase 1s) are tough and the business model is partially if not completely (couple of exceptions) based on failure.
However, if you cannot do the eval model, you really do not need a prop firm......you are better off to continue trading your own $$$$$.
  • #12,243
  • Nov 5, 2022 2:24pm Nov 5, 2022 2:24pm
Quoting Takisd
Sounding the warning against leveledupsociety. Its lamborauls scam. They are in the process of scamming.
they was already filtered by me and from this forum

I never liked their programs

always forex prop firm has very bad reviews in trustpilot, banned by me

https://docs.google.com/spreadsheets...it?usp=sharing

also we are waiting news about The Prop Trading for the big alarms there of banning users and not paying them.

Quoting pipmaster77
{quote} remember this about instant funding......{image}Here's the deal, the instant funding companies, the no time limit companies.....they are all lacking something in exchange for the no time limit. In most cases, there is no time limit because you are funding your own account and then giving away a % of the profits. Of course they do not care how long you take. I get it, the challenges (phase 1s) are tough and the business model is partially if not completely (couple of exceptions) based on failure. However, if you cannot do the eval model,...
yes don't worry I will never forget that.

Please can somebody confirm, just to double check, that in the best prop firm names:

1. Crypto + Oil is not available, ONLY in The Funded Trader
2. VIX trading is not available at MFF, TFT, E8 ONLY

thank you
in holiday till end of November
  • #12,244
  • Nov 5, 2022 4:55pm Nov 5, 2022 4:55pm
15% off TFT +115% refund, just a pop up came out while surfing
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in holiday till end of November
  • #12,245
  • Nov 5, 2022 6:59pm Nov 5, 2022 6:59pm
Quoting forexbali
{quote} 1. Crypto + Oil is not available, ONLY in The Funded Trader 2. VIX trading is not available at MFF, TFT, E8 ONLY thank you
This is dated but a start for Crypto

https://forexpropreviews.com/which-p...rading-crypto/

It takes a lot for me to IGNORE you, but you can try.
  • #12,246
  • Nov 5, 2022 7:22pm Nov 5, 2022 7:22pm
Quoting Erebus
{quote} This is dated but a start for Crypto https://forexpropreviews.com/which-p...rading-crypto/
yes I followed it and I made many errors, because was not up to date

so I'm checking alone, and double checking also, in forexproreviews says that you can trade crypto on TFT, this is not true, you can trade it only in demo... challenge, in real where you get the real $$$, you can't. They don't trade anymore crypto in TFT.
in holiday till end of November
  • #12,247
  • Nov 6, 2022 1:48am Nov 6, 2022 1:48am
Quoting pipmaster77
{quote} remember this about instant funding......{image}Here's the deal, the instant funding companies, the no time limit companies.....they are all lacking something in exchange for the no time limit. In most cases, there is no time limit because you are funding your own account and then giving away a % of the profits. Of course they do not care how long you take. I get it, the challenges (phase 1s) are tough and the business model is partially if not completely (couple of exceptions) based on failure. However, if you cannot do the eval model,...
The comparison table is not fair for CTI，because every dollar in personal account is used for compounding, while the profits on each level at CTI are just deposited into the bank account. You can open a personal trading account and compound the profits that are withdrew from CTI.
  • #12,248
  • Nov 6, 2022 2:29am Nov 6, 2022 2:29am
Why is FundedNext soo popular these days? If you check the comments below the video, everyone like FundedNext

Inserted Video
  • #12,249
  • Nov 6, 2022 2:42am Nov 6, 2022 2:42am
Quoting forexbali
{quote} they was already filtered by me and from this forum I never liked their programs always forex prop firm has very bad reviews in trustpilot, banned by me https://docs.google.com/spreadsheets...it?usp=sharing also we are waiting news about The Prop Trading for the big alarms there of banning users and not paying them. {quote} yes don't worry I will never forget that. Please can somebody confirm, just to double check, that in the best prop firm names: 1. Crypto + Oil is not available,...
I am not sure how many prop traders trade VIX? Maybe 0.0001% LOL I could this article https://forexpropreviews.com/which-p...ing-vix-index/.

Some of their articles are old, but still, there is a lot of information. At the bottom of the article, you can check when it was updated last time.

@forexbali, you can simply search on your own next time:
1.
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  • #12,250
  • Nov 6, 2022 3:16am Nov 6, 2022 3:16am
Quoting forexbali
15% off TFT +115% refund, just a pop up came out while surfing {image}
They have always some kind of promotion running. When end one starts another. They just change the terms and sometimes the kind of challenge that is under the promotion
  • #12,251
  • Edited 9:03am Nov 6, 2022 7:50am | Edited 9:03am
Quoting trader888888
Why is FundedNext soo popular these days? If you check the comments below the video, everyone like FundedNext https://www.youtube.com/watch?v=OatSgItPYmA
marketing

very popular, and lot of rules, not good for us, you fail fast fast I think, I can't touch it

E8Funding: no MT5 next week, they said now 2 weeks. They are in late.

I will start with some other program then.

Quoting trader888888
{quote} I am not sure how many prop traders trade VIX? Maybe 0.0001% LOL I could this article https://forexpropreviews.com/which-p...ing-vix-index/. Some of their articles are old, but still, there is a lot of information. At the bottom of the article, you can check when it was updated last time. @forexbali, you can simply search on your own next time: 1. {image}2.{image}3. {image}
that site has done many mistakes, I prefer to double check directly with prop or user of them.

Quoting trader888888
{quote} I am not sure how many prop traders trade VIX? Maybe 0.0001% LOL I could this article https://forexpropreviews.com/which-p...ing-vix-index/. Some of their articles are old, but still, there is a lot of information. At the bottom of the article, you can check when it was updated last time. @forexbali, you can simply search on your own next time: 1. {image}2.{image}3. {image}
I live vix, sometime there are nice opportunity thanks to volatility of it or divergences

in FTMO I had it, and I liked to trade it or build some small position, sometime it's more easy to long or short vix when the 3 indexes act crazy, like the past weeks where the dow is so strong and react much faster of nasdaq-sp500, there are nice arbs to do to adjust your trades.

Quoting ladder
{quote} The comparison table is not fair for CTI，because every dollar in personal account is used for compounding, while the profits on each level at CTI are just deposited into the bank account. You can open a personal trading account and compound the profits that are withdrew from CTI.
Phase 1 of CTI and FTUK get a payout in evaluation, is like more than a refund of 100%. (Also the funded trading plus, fee refund in the phase 1 program)
So that programs are the best of the phase 1 because you are not trading anymore with your money, they refunded it with the 1st phase, the evaluation.

ADDED THE COUPONS DISCOUNT TABLE

TO STAY UP to date with best discounts:
if you find nice discounts, always valid as code, or with expiry, post it here, and I will update for all of us.
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in holiday till end of November
  • #12,252
  • Nov 6, 2022 9:03am Nov 6, 2022 9:03am
Quoting forexbali
{quote} marketing very popular, and lot of rules, not good for us
Why do you say lot of rules ?
The "only" additional rule that they have compared with other is the news rule. All the rest is similar.

I think they are popular because they pay also over profits in phase 1 and 2
  • #12,253
  • Nov 6, 2022 9:51am Nov 6, 2022 9:51am
Quoting Capablanca
{quote} Why do you say lot of rules ? The "only" additional rule that they have compared with other is the news rule. All the rest is similar. I think they are popular because they pay also over profits in phase 1 and 2

consistency rules in all the programs! and no news trading for 2-5 minutes in many programs.

Consistency rule kill !

The evaluation model says there are not consistency rules. But I remember I saw something going deeply in the review

News trading for 2 minutes is not a big problem, but you won't make lot's of profits, 2 minutes is very long time when forex move 0.5% in that 2 minutes and
indices 1-2%.

However, I will go to check again, and I can add them of course in my table. I think the eval program. And I will create a column to remember that there is the NEWS rule there, that is not so bad
in holiday till end of November
  • #12,254
  • Nov 6, 2022 9:53am Nov 6, 2022 9:53am
Quoting forexbali
{quote} here all the list with no time limit https://docs.google.com/spreadsheets...it?usp=sharing
tnx good document

Please fix this: https://myforexfunds.com/accounts/evaluation/

it has 30 days limits for evaluation. so it pushes to gambling..
  • #12,255
  • Nov 6, 2022 10:18am Nov 6, 2022 10:18am
Any if you guys heard about an MFF rule or "hidden" rule that states that you cant merge and already merged account.

For Example....if you have already merged 2 x 50k accounts and now have a 100k account, you can not add/merge any nore accounts onto this as it has already been done once?
  • #12,256
  • Nov 6, 2022 10:22am Nov 6, 2022 10:22am
Quoting gepards
{quote} tnx good document Please fix this: https://myforexfunds.com/accounts/evaluation/ it has 30 days limits for evaluation. so it pushes to gambling..
It has also a 30 day extension if you are in positive and close to target.
  • #12,257
  • Nov 6, 2022 10:23am Nov 6, 2022 10:23am
Quoting Paulscaff1
Any if you guys heard about an MFF rule or "hidden" rule that states that you cant merge and already merged account. For Example....if you have already merged 2 x 50k accounts and now have a 100k account, you can not add/merge any nore accounts onto this as it has already been done once?
just use a copier
  • #12,258
  • Nov 6, 2022 10:28am Nov 6, 2022 10:28am
Quoting gepards
{quote} tnx good document Please fix this: https://myforexfunds.com/accounts/evaluation/ it has 30 days limits for evaluation. so it pushes to gambling..
thank you, what I have to fix, in the evaluation is already written 30D that is the time limit, where do you see my error? please explain me
all phase 2 challenge are usually 30D, with TFT that is 35D and CTI that has 45D for a small daytrading program.

Quoting Paulscaff1
Any if you guys heard about an MFF rule or "hidden" rule that states that you cant merge and already merged account. For Example....if you have already merged 2 x 50k accounts and now have a 100k account, you can not add/merge any nore accounts onto this as it has already been done once?
merge is a complicate matter yes, you have to choose the perfect size, and some program is very difficult like to merge you have to park it and wait the next account to pass eval and merge it, some other if you scale you can't and so on

it's all about read the rules in deep, but in general merge is not a big issue, I will be more worried to manage many prop accounts and so a copier is a much better tool and issue.. to manage all your accounts at once, or as somebody said here, in 2 blocks better, so you have max 2 trading account and you alternate them and you don't risk to go in bankrupt in all your AUM at once, with no income... for months then.
in holiday till end of November
  • #12,259
  • Nov 6, 2022 10:40am Nov 6, 2022 10:40am
Quoting Takisd
{quote} just use a copier
Not what i was asking mate
  • #12,260
  • Nov 6, 2022 10:46am Nov 6, 2022 10:46am
Quoting Paulscaff1
{quote} Not what i was asking mate

Didn't know about the rule, there is likely a practical business reason such as server groups that would be the reason. It can be overcome by using a trade copier.
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