Prop Firm Hub POLL

Thanks to NsaK3y for complementing the information

1. Good broker That does not cheat, good spread, good liquidity, minimum slippage
-Every firm will believe that they are already offering this. 'Good' and 'minimum' are subjective.


2. Maximum daily drawdown 5%X
-Why have daily draw-down at all? Why not just overall, max and static draw-down?


3. Overall Drawdown 10% to 12%
-Percentages do not really matter here. They could offer 50% overall draw-down, but drop max account size to 20k. It's the same thing.


4. Profit target challenge 7% to 8% 50 days to Unlimited
5. Verification profit target 5% 60 days to Unlimited
-Challenge and Verification targets are a joke. How often do you see real traders/investors doubling their money? Over 5 years, maybe. Certainly not 20-30 days.


6. Profit split 80% to 90%
-If it makes sense from a business perspective, then sure, why not.


7. Minimum trading days 1 to 5
-Same as above. But I think that if they can get away with 1-day, then they can probably make it zero.


8. Leverage 1:100
-You do not need much leverage if your account size is decent, honestly. Just keep in mind that any firm may offer 1:100, but if they impose restrictions on lot sizes/totals or have some kind of consistency rules, then the amount of leverage that is offered may be pure fiction.


9. Free retakes
-Sure. But this would not be necessary if there were no time limits in place. So this is not really a gift as some traders might think.


10. Refundable Registration Fee
-Sure. If it makes sense to do so. Some models may not work well this way.


11. Scaling at every 10% minimum 30 days
-I think scaling can and should be improved on at most firms, so I can agree with this.


12. Pay the profit max every 15 days
-How about automatic, anytime-payouts with no restrictions other than a small minimum to cover transfer fees? Don't forget to remove any potential down-time for setting up new accounts.



Traders I want to invite you to vote in this POLL, it is important to find the best Prop firms, there are too many companies doing the same thing and I am sure that those that cheat will start appearing, if we are united it is easier to be successful in our work.
If there is one that is growing a lot and offering better conditions, can you suggest me to include it in the poll
This Thread is a Prop Firm Hub plugin started by the well known Masterrmind

Hi, For those new to prop firms, these are the best companies currently on the market, we are waiting for those who already have more experience to vote, just click and give your opinion why do you like it?

Hi, I opened an account with MFFX, it looks very promising, good conditions, excellent execution, I'm going to test it and I'll tell you, I'll tell you anything weird

Hello, My funded FX is very interesting, I have an FTMO account but I'm liking MFFX more because of its execution, without slippage, it doesn't freeze the price, the support is very good, we have to wait and see how it behaves when transferring money to the account.

I hope you vote in the poll!

I would like to vote for more than one. FYI, The Prop Trading ceased operations late last year.

Traders With Edge should be on there. I would rank it higher than some of the ones that are currently on there, anyway, especially if you are simply going by value of offerings and conditions etc..

Pipmater can only vote for a single prop firm and no longer allows modification

He should be on list i think
https://www.smartproptrader.com/faqs...raw-my-profits

It is very difficult to put everyone, new prop firms are coming, but that Smart Prop has Maximum Daily Loss at 4%

I think that the prop firms that ask for a 4% Max daily drawdown is already extreme, for a professional in trading he knows that it is like being an employee of the company, perhaps it may be better to look for a job in another job without so much risk

Looks good. Have you made any withdrawals?

-I will not trade with them until I see bigger payout proofs (they are relatively new). They have several payout proofs on their website/forum, but only one that is 5-figures so far.

I only mention it here because this firm looks better than some of the ones that are currently listed, and I believe that it deserves to be mentioned (until proven otherwise, anyway).

I'm sorry if I say it rude, when I talk about the 4% drawdown, but we defend ourselves against what the Prop firms want to sell us, and then we are also deluded that they are going to give us $10 million, in the long run it is almost impossible, 4% drawdown target is for very few trades in the world

I see that some trades like MFF, can someone tell us which program is better, Rapid, Evaluation, Accelerated program?

Commercial links are allowed now?

The landscape of prop firms changes day by day; this poll will be irrelevant within a week.

Tracking all the changes is a full-time job, there are so many criteria which make it difficult to judge the best.

It could be best price, best conditions, best pay-out, best drawdowns, best platforms, best etc.

I'm sure Prop Firm Reviews will be an important thing going forward, more than the random, subjective opinions shared here.

All the best

Erebus You are in Forex Factory for a long time, your review is important, the idea is that the Prop Firms change in our favor. The list of Prop Firms could have been better and I am sure that over time the winning Prop Firms may be others.
We hope that the reviews are in a thread of us traders and not of something commercial

It seems to me that this quote complement is important is from NsaK3y

We are seeing a very strong trend for Prop Firms that offer Instant Funding, this figure is gaining momentum, we hope that conditions improve,
I want to talk about a SURGE TRADER, you can buy a real account up to $1 million per $6.500, it offers a profit target of 10% with indefinite time, the daily drawdown 5%, leverage 1:20 I find it horrible, and it has a stop loss, but if you pay extra money They remove the stop loss, they double the laverage, frofit split goes from 75% to 90%, One Time Registration Fee is better than others, the proposals are being put to ours, other Prop Firms will arrive improving the conditions.
I make a clarification, I am not anyone's seller, I am just trying to pressure the Prop Firms to improve our conditions, I hope you also contribute to this process!

I think Instant Funding is the future

I ask you, is there a Prop Firm at this time that improves those conditions?
Maybe it's The My Forex Funds?

Attached Image (click to enlarge)

At some point they will listen to us