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  • #12,661
  • Nov 24, 2022 7:34pm Nov 24, 2022 7:34pm
Quoting navk
The difference in profit is evident between MFF and TFTP. I just tried to see the difference between the two. It is huge. Basket 1. ( MFF )- Sender : 49 $ Basket 2 ( TFTP ) - Receiver : 67 $ {image} {image}
Makes you wanna puke. Doesn't it?
  • #12,662
  • Nov 25, 2022 1:40am Nov 25, 2022 1:40am
Just noticed that I was put on an email marketing list for disclosing my email in a support chat session. I won't name the firm. I guess opting in is for amateurs.
  • #12,663
  • Nov 25, 2022 1:57am Nov 25, 2022 1:57am
Quoting Nsak3y
Just noticed that I was put on an email marketing list for disclosing my email in a support chat session. I won't name the firm. I guess opting in is for amateurs.
Start using temp mail,
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  • #12,664
  • Nov 25, 2022 3:17am Nov 25, 2022 3:17am
Quoting navk
The difference in profit is evident between MFF and TFTP. I just tried to see the difference between the two. It is huge. Basket 1. ( MFF )- Sender : 49 $ Basket 2 ( TFTP ) - Receiver : 67 $ {image} {image}
Quoting OutThere
{quote} Makes you wanna puke. Doesn't it?
To be fair TFTO uses broker eightcap which got a 5 lots open trade limit. Which could be the reason they also are able to have less spreads. I'm new at these things and this all seems to be a big mess to find a decent prop firm.
MFF at least got no limits on the lots in open trades. Only 50lots per position order which is a lot. Other than that no limit. They don't even bother with forced stoploss.
Taking these factors into account makes way up for it when trading higher volumes that they might be more pricey in the spreads.
It's not always black and white.

So far it seems like MFF is the best reliable broker from reading this Thread. FTMO used to be reliable but not so much any more apparently for the time being as they haven't updated their section here for a long time and as they introduced gambling policies with rumors of blocking high profit accounts. I figure the war high inflations going on in Europe is starting to affect them that's my guess. As the rest of the bigger prop firms outside of Europe seems to not have reported any odd behavior lately.
  • #12,665
  • Nov 25, 2022 3:37am Nov 25, 2022 3:37am
Quoting MwlRCT
Start using temp mail,
I do use several junk addresses, but that was not the point.
  • #12,666
  • Nov 25, 2022 5:30am Nov 25, 2022 5:30am
Quoting navk
The difference in profit is evident between MFF and TFTP. I just tried to see the difference between the two. It is huge. Basket 1. ( MFF )- Sender : 49 $ Basket 2 ( TFTP ) - Receiver : 67 $ {image} {image}
So the difference is now about 0.6 pips or 6 points which is more than a half pip. That is huge given that small size for only a minilot on FX majors. So bad on MFF!!
  • #12,667
  • Nov 25, 2022 5:38am Nov 25, 2022 5:38am
Quoting TrAndy1
{quote} So the difference is now about 0.6 pips or 6 points which is more than a half pip. That is huge given that small size for only a minilot on FX majors. So bad on MFF!!
It makes a very very significant impact on the trading result , in a day.

MFF today : 1109 $

TFTP today : 1283 $
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Intraday only.
  • #12,668
  • Nov 25, 2022 6:41am Nov 25, 2022 6:41am
Quoting sampat
new firm https://firstclassforexfunds.co/
It says twice to use webchat for enquiries but I don't see any webchat icon?

There are so many new prop firm but no track record
  • #12,669
  • Nov 25, 2022 6:41am Nov 25, 2022 6:41am
Quoting forexbali
Which of the top programs in my list, put you to trade on a "live" server? or all your accounts are on a demo server?
Reading through it looks like MFF and TFT and actually have a pretty clever demo/LIVE system. EVERYONE trades on demo and all trades are sent to the broker. AI them decides which trades to offset to the real market. Thats Fair because its EASY for a system to track each account and determine who's a net profitable trader. It could be as simple as a couple crossing SMA's that send qualifying trades to the market for accounts that have been net profitable for the last 30 days. Actually pretty clever since most will fail and they NEVER have to cover their trades.

Are you good enough that they have to cover YOUR trades?
  • #12,670
  • Nov 25, 2022 6:47am Nov 25, 2022 6:47am
Quoting TrAndy1
{quote} So the difference is now about 0.6 pips or 6 points which is more than a half pip. That is huge given that small size for only a minilot on FX majors. So bad on MFF!!
This conversation has become beyond absurd. Run 3 personal accounts at 3 different brokers and somebody, ANYBODY come back and DISPLAY THE SAME EXACT PROFIT AT ALL 3!!!!! You cannot. Nobody can.
  • #12,671
  • Nov 25, 2022 6:54am Nov 25, 2022 6:54am
Quoting pipmaster77
{quote} This conversation has become beyond absurd. Run 3 personal accounts at 3 different brokers and somebody, ANYBODY come back and DISPLAY THE SAME EXACT PROFIT AT ALL 3!!!!! You cannot. Nobody can.

One can run trade copier in three different MFF accounts or three different TFTP accounts to verify.

Easy to.

But then, I do not have so many accounts, for me, MFF-1, TFTP - 1
Intraday only.
  • #12,672
  • Nov 25, 2022 7:49am Nov 25, 2022 7:49am
Quoting navk
{quote} One can run trade copier in three different MFF accounts or three different TFTP accounts to verify. Easy to. But then, I do not have so many accounts, for me, MFF-1, TFTP - 1

I have been checking few things because what you are describing before and what is possible is only explanable by a few things.

The first most obvious one was the price difference.

After that I log into my TFTP accounts, FCFF accounts and my IC Markets and tick mill accounts to see what can possibly be going on all at once side by side.

The spread on some symbols at TFTP is artificially lower by a bit .2-.4 depending on the pair. No one else is printing eurusd at 0 right now for example but they are.

On live, I never get the price I request at TFTP, but on demo I can tick scalp so there are a few things in play here. 1) unrealistic execution (proven by the tick scalping) and 2) there is a spread filter in the feed that appears to have a constant .2 reduction in spread.

Those are my findings and that is without even looking at MFF. When I look at MFF, MFF has also got an artificial spread filter it seems on FX pairs and index CFD's as the spread is almost always below my icmarkets and tickmill account.

Moral of the story, TFTP and MFF are better than icmarkets and tickmill for price, especially on demo. For execution, it seems to depend on who you are and how you trade that determins what happens. My experience with my eightcap companies is slippage is awful, others reporting no slippage. Most likely there are user profiles which determine how much of the real market effect you feel. My eightcap slippage experience is artificially negative, my ftmo and mff slippage feels more like my icmarkets account which I think is more realistic. But again, others seem to be having the opposite experience so its all very confusing.
  • #12,673
  • Nov 25, 2022 7:57am Nov 25, 2022 7:57am
Quoting Takisd
{quote} I have been checking few things because what you are describing before and what is possible is only explanable by a few things. The first most obvious one was the price difference. After that I log into my TFTP accounts, FCFF accounts and my IC Markets and tick mill accounts to see what can possibly be going on all at once side by side. The spread on some symbols at TFTP is artificially lower by a bit .2-.4 depending on the pair. No one else is printing eurusd at 0 right now for example but they are. On live, I never get the price I request...
Nice observation as usual.

As long as we are beneficiary with some slippage or better artificial spread, let us take it.

The thing is , I do not want to put everything in one basket.

I will have MFF, TFTP , and later on add trueforexfunds.

I had earlier with TFF, and lost it.
Intraday only.
  • #12,674
  • Nov 25, 2022 8:01am Nov 25, 2022 8:01am
Quoting navk
{quote} Nice observation as usual. As long as we are beneficiary with some slippage or better artificial spread, let us take it. The thing is , I do not want to put everything in one basket. I will have MFF, TFTP , and later on add trueforexfunds. I had earlier with TFF, and lost it.

Yes diversification is key. I have a lot of prop firm accounts now as my joints in my body are very damaged and its winter so nothing better to do than pass accounts.

To be folks using or thinking of using firstclassforexfunds. They pay, so far it feels like they will pay the smaller 5 figure amounts, a lot of bannings for various reasons and their management/copy trading rules are using IP's so vpns are getting flagged hard. Their staff are for the most part, unprofessional. A lot of shouting back at the community and whining about how much they work whilst having less support hours than almost every other firm.

I call them my "hobby" firm as i am willing to be rug pulled from them if they do it i have nothing invested there in terms of time/effort. If they turn good, great I am in a good position, but if they scam so be it.
  • #12,675
  • Nov 25, 2022 8:03am Nov 25, 2022 8:03am
Quoting Takisd
{quote} I have been checking few things because what you are describing before and what is possible is only explanable by a few things. The first most obvious one was the price difference. After that I log into my TFTP accounts, FCFF accounts and my IC Markets and tick mill accounts to see what can possibly be going on all at once side by side. The spread on some symbols at TFTP is artificially lower by a bit .2-.4 depending on the pair. No one else is printing eurusd at 0 right now for example but they are. On live, I never get the price I request...
Different trader profiles on different feeds is pretty slimy, IMO. Although i am sure most, if not all, brokers do it. It is what it is. At the end of the day, don't use MFF if you prefer TFTP, do not use Pepperstone if you prefer IC Markets. If you prefer diversification and/or more capital at props, you need to use several. The results will NEVER be identical at all of them.
3-4 years ago, pretty much right before I moved to prop firms, I was trading 4-5 personal accounts (US resident, so all offshore). Results were not identical in all. However, if you find, profit is better at one broker/firm ALL the time, clearly you want to increase your volume there and diminish it elsewhere (if possible).
  • #12,676
  • Nov 25, 2022 8:12am Nov 25, 2022 8:12am
Quoting pipmaster77
{quote} Different trader profiles on different feeds is pretty slimy, IMO. Although i am sure most, if not all, brokers do it. It is what it is. At the end of the day, don't use MFF if you prefer TFTP, do not use Pepperstone if you prefer IC Markets. If you prefer diversification and/or more capital at props, you need to use several. The results will NEVER be identical at all of them. 3-4 years ago, pretty much right before I moved to prop firms, I was trading 4-5 personal accounts (US resident, so all offshore). Results were not identical in all....

If everyone had real market profile, the slippage crying would be so disgusting i would have to never browse forex related content ever. You can see people going full scorched earth because of 0.1 pip slippage on trustpilot for some of these companies. I suspect the profiles is the way to alleviate the public relations damage. And the profiles could be as simple as "this guy knows how to trade so put on real market, this guy is an all in moron, artificial profile" it doesn't have to be some elaborate scheme.

My feeling for eightcap is that their price layering profile for me is thinner than it should be. So they are slipping me like 30% more than they should be, but as i said others saying they dont get slipped at all.

For the one is more profitable than the other all the time, its unlikely. At some point if you are seeing a higher alpha somewhere else they will move you to even partial stp and the better than market conditions will disappear.
  • #12,677
  • Nov 25, 2022 8:21am Nov 25, 2022 8:21am
Quoting Takisd
{quote} If everyone had real market profile, the slippage crying would be so disgusting i would have to never browse forex related content ever. You can see people going full scorched earth because of 0.1 pip slippage on trustpilot for some of these companies. I suspect the profiles is the way to alleviate the public relations damage. And the profiles could be as simple as "this guy knows how to trade so put on real market, this guy is an all in moron, artificial profile" it doesn't have to be some elaborate scheme. My feeling for eightcap is that...
Makes sense. Strange thing is, I almost always see positive slippage at TFTP, but it's always on exit at TP, which, of course, is a limit order. I'm fairly new with them, like 2 months, so maybe I have the newbie feed lol.
  • #12,678
  • Nov 25, 2022 8:23am Nov 25, 2022 8:23am
Quoting pipmaster77
{quote} Makes sense. Strange thing is, I almost always see positive slippage at TFTP, but it's always on exit at TP, which, of course, is a limit order. I'm fairly new with them, like 2 months, so maybe I have the newbie feed lol.

This is likely a latency setting to prevent arb thats working in your favor. For example, if you make a metatrader server have no latency on the execution, it becomes unrealistic considering last look. So you add in 150ms or 300ms of delay to guarantee the ability to execute a trade. If an order goes from Limit to market, it has that 300ms to make the change and you likely have your orders in points where the market is running through so you get price + 300ms
  • #12,679
  • Nov 25, 2022 8:46am Nov 25, 2022 8:46am
Quoting Takisd
{quote} This is likely a latency setting to prevent arb thats working in your favor. For example, if you make a metatrader server have no latency on the execution, it becomes unrealistic considering last look. So you add in 150ms or 300ms of delay to guarantee the ability to execute a trade. If an order goes from Limit to market, it has that 300ms to make the change and you likely have your orders in points where the market is running through so you get price + 300ms
Once again, makes sense. It seems that is exactly what is happening. Now, on TFF, I'll have freezes when I should be hitting TP. Cannot say it is intentional though, as TFF freezes randomly a couple of times per day for me with the common error message. Only like 1-2 minutes though. Fortunately, has not negatively impacted me. I also hop right on chat ( the 3 times I was actually attempting to close while frozen) as it gets copied to my email and tell them I am trying to close..... here is the time, here is the price, here is the order #......so if it is ever an issue I have documentation.
  • #12,680
  • Nov 25, 2022 9:00am Nov 25, 2022 9:00am
Having different feeds for different traders on the same prop firm is discriminating and should not be allowed. It is like the same, oh, this trader looks to good, I will get him the worse slippage feed, or this traders is new, he gets the better feed, because the chance he might loosing is so high, so he had no chance to complain at all on the execution side. That is exactly one feature of the former Virtual Dealer Plugin, of having different feed (behavior) on different traders. 100% discrimination, so bad!!
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