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  • #17,901
  • Jul 15, 2023 1:40pm Jul 15, 2023 1:40pm
Quoting sampat
{quote} Here is the thing with futures prop firms which makes them unique. Futures prop firm doesn't have 10% allowed drawdown. At max you get 2.5% so 50K in forex is not equal to 50K in futures. Futures prop firm works on monthly model and illusion of ...
Thanks for the reply. I do know about this and theres some few Futures prop firms which don't force you to pay for data feeds or licenses actually even after getting funded but they are few and prolly got less profit split due to it. But even after all of that I noticed since one just have to hit that profit target each day it actually works with some methods rather than the low DD of forex prop firms, Daytrading of course. The methods I tested 1/10 only failed when it broke the normal forex prop firm while it would have bounced back with the standard futures prop firms into profit that day. But even that 1/10 made me realize one had to adapt change system of course. But it only shows again from at least the methods I use how the DD in forex prop firms are the bottleneck.

But inputs are always appreciated. Forex prop firms overall are more straight to point for sure without "hidden" fees usually.
  • #17,902
  • Jul 15, 2023 1:40pm Jul 15, 2023 1:40pm
Quoting navk
And MFF came out with this unlimited time concept to be in line with FTMO. That is all.
Hey navk,
I saw you passed several MFF challenges in a few days. If I execute a 20 or 10 Lots GBPUSD trade during the challenge (demo account), is there any slippage due to the size of the trade? If yes, how big is the slippage? I can accept 0.5 pip. Thanks!
  • #17,903
  • Jul 15, 2023 1:46pm Jul 15, 2023 1:46pm
Quoting ladder
{quote} Hey navk, I saw you passed several MFF challenges in a few days. If I execute a 20 or 10 Lots GBPUSD trade during the challenge (demo account), is there any slippage due to the size of the trade? If yes, how big is the slippage? I can accept 0.5 pip. Thanks!
MyFF is acting differently on different account sizes. 10-20 lots will have slippage irrespective of account size even on demo account usually it is 0.3.
if you open 10 lots on 20K account it will be much more as they design slippage on account size.
  • #17,904
  • Jul 15, 2023 1:50pm Jul 15, 2023 1:50pm
Quoting labu
{quote} Thanks for the reply. I do know about this and theres some few Futures prop firms which don't force you to pay for data feeds or licenses actually even after getting funded but they are few and prolly got less profit split due to it. But even after all of that I noticed since one just have to hit that profit target each day it actually works with some methods rather than the low DD of forex prop firms, Daytrading of course. The methods I tested 1/10 only failed when it broke the normal forex prop firm while it would have bounced back with...
All top 5 prop firms charges data fees Apex, Leeloo, bulenox, elite trading etc....if someone doesn't charge I will be surprised.
  • #17,905
  • Jul 15, 2023 2:01pm Jul 15, 2023 2:01pm
Quoting navk
The ones who trade with extreme accuracy will wait for set up to occur, hours, or days or week.
You seem to assume that a person is waiting hours, days or week for ONE setup and then passes with only that setup.

Instead, you can think about someone that uses a cross of a sma200 and something else. That person can be weeks or even months without a signal. He would have to be lucky to be able to get a signal in the 30 days. Now with unlimited he can buy and wait.
  • #17,906
  • Jul 15, 2023 2:03pm Jul 15, 2023 2:03pm
Quoting sampat
{quote} All top 5 prop firms charges data fees Apex, Leeloo, bulenox, elite trading etc....if someone doesn't charge I will be surprised.
Even charging data fees, any of those have a fixed DD ?
I only had experience with top step some years ago (and they had data fees and trailing DD)
  • #17,907
  • Jul 15, 2023 2:08pm Jul 15, 2023 2:08pm
Quoting Capablanca
{quote} Even charging data fees, any of those have a fixed DD ? I only had experience with top step some years ago (and they had data fees and trailing DD)
Apex, Elitetrader and leeloo is having static 100K account but pretty much useless as allowed drawdown is around 600$ with target 2K plus data fees 280 data fees
  • #17,908
  • Jul 15, 2023 2:13pm Jul 15, 2023 2:13pm
Quoting navk
{quote} May be... may be. The Free retry should remain.
If you can't find success with prop firms without a time limit you simply are not ready. If you are not READY you should NOT be trading with prop firms. Free retries are no longer necessary unless you are not READY
  • #17,909
  • Jul 15, 2023 3:41pm Jul 15, 2023 3:41pm
Its going to be funny watching the industry flip into only trusting companies with really tight rules as these firms start to die when their growth stops.

Then new ones will come and the ponzi will continue
  • #17,910
  • Jul 15, 2023 4:35pm Jul 15, 2023 4:35pm
Quoting 1odi
{quote} dude, people who complained that the time limit was shit had a point as 1 would feel forced to place trades to make it within the time window. now that there isn t a time limit, what s the issue?! what accuracy dude? i could trade off 1 hr charts or 4hr with larger stops and still pass within 30 days. i think it all comes down to how u are taught to trade and how u manage risk. there isn t a downside for traders with unlimited time, altho there might be 1 for props with traders keeping those challenges for months on end afraid of losing...
This is exactly what I did and it took around 2.5 months to pass phase 1 and then 3 weeks to pass phase 2. Pretty chill.

Quoting Takisd
Its going to be funny watching the industry flip into only trusting companies with really tight rules as these firms start to die when their growth stops. Then new ones will come and the ponzi will continue
The entire point (outside of the most trusted companies) right now is to figure out which young companies will stick around the longest - get refund the fee as quickly as possible and then cash out repeatedly until it goes bust.
  • #17,911
  • Jul 15, 2023 5:01pm Jul 15, 2023 5:01pm
Quoting pipmaster77
Here is the bottom line.......... 1. MFF and FTMO are the two largest, most reputable firms, BY FAR AND AWAY, and have been for several years. Biggest complaint has always been, it's not realistic to earn the 8-10% in 30 days. 2. New firms have come and "improved" the model, offering unlimited time to pass. 3. MFF and FTMO now offer unlimited time. In a nutshell, the two largest, most reputable firms, with history of payouts in the millions, now offer unlimited time to pass. YET, The MFF and FTMO haters are still crying and whining about shit. WFT...
also MFF? or you mean MFFX?

I was away 60 days so I lost some news. Please let me know thanks pip.
in holiday till end of November
  • #17,912
  • Jul 15, 2023 5:31pm Jul 15, 2023 5:31pm
Quoting LehmanBrotha
{quote} {quote} The entire point (outside of the most trusted companies) right now is to figure out which young companies will stick around the longest - get refund the fee as quickly as possible and then cash out repeatedly until it goes bust.
And YOLO them
  • #17,913
  • Jul 15, 2023 7:26pm Jul 15, 2023 7:26pm
It is safe to say that mff is basically a manual prop.
I doubt there is anyone who can tell us how their challenge went with an EA.
A buddy who used them said he only used a trade management EA which he had to hand over to them to approve. He wanted to use another one but after handing it over to them, they refused it.
  • #17,914
  • Jul 15, 2023 7:33pm Jul 15, 2023 7:33pm
Quoting pipmaster77
Here is the bottom line.......... 1. MFF and FTMO are the two largest, most reputable firms, BY FAR AND AWAY, and have been for several years. Biggest complaint has always been, it's not realistic to earn the 8-10% in 30 days. 2. New firms have come and "improved" the model, offering unlimited time to pass. 3. MFF and FTMO now offer unlimited time. In a nutshell, the two largest, most reputable firms, with history of payouts in the millions, now offer unlimited time to pass. YET, The MFF and FTMO haters are still crying and whining about shit. WFT...
They are a couple of old antiquated dinosaurs that finally as a reactionary measure decided to catch up with the caravan and make it unlimited time. They know if they didn't they were finished and there is still a chance for them to drown under the weight of the newcomers if they don't give up their other stupid idiosyncrasies like fear of news trading and EAs.
  • #17,915
  • Jul 15, 2023 7:52pm Jul 15, 2023 7:52pm
Quoting OutThere
It is safe to say that mff is basically a manual prop. I doubt there is anyone who can tell us how their challenge went with an EA. A buddy who used them said he only used a trade management EA which he had to hand over to them to approve. He wanted to use another one but after handing it over to them, they refused it.
Your and your “buddy” are full of shit. I’ve used a trade manager EA and copier with MFF for the better part of two years on funded accounts. Both as slave and as master accounts. Never had a problem.
Trade with confidence, trade without fear.
  • #17,916
  • Jul 15, 2023 7:57pm Jul 15, 2023 7:57pm
I see some people in this thread that are speaking with reason and common sense. I also see people that are completely delusional, seem to have some kind of agenda, have no idea what they are talking about and/or are just trolling.

Quoting 1odi
where the fudge is @MasterMind? i think we need a bit of moderation.
  • #17,917
  • Jul 15, 2023 7:59pm Jul 15, 2023 7:59pm
Quoting Cryptosurf
{quote} Your and your “buddy” are full of shit. I’ve used a trade manager EA and copier with MFF for the better part of two years on funded accounts. Both as slave and as master accounts. Never had a problem.
I didn't say my buddy had a problem with his trade manager EA.
I don't know about copier. Did I say they don't allow copiers? No. In their rule #4, THEY say they don't allow copiers.
If you can get a hold of them (good luck), ask them how come they allowed your copier when they say they will nail you to the wall and skin you alive ( ) if they find a magic# in your trades.
  • #17,918
  • Jul 15, 2023 10:00pm Jul 15, 2023 10:00pm
Quoting OutThere
{quote} I didn't say my buddy had a problem with his trade manager EA. I don't know about copier. Did I say they don't allow copiers? No. In their rule #4, THEY say they don't allow copiers. If you can get a hold of them (good luck), ask them how come they allowed your copier when they say they will nail you to the wall and skin you alive ( ) if they find a magic# in your trades.
Dude can you please stop raging? MFF allows copiers. Your interpretation of their rules is wrong. There are people all over internet showing that they use copiers with them. And instead of spamming the thread why not just communicate directly with them.
  • #17,919
  • Jul 15, 2023 10:06pm Jul 15, 2023 10:06pm
Quoting sampat
{quote} All top 5 prop firms charges data fees Apex, Leeloo, bulenox, elite trading etc....if someone doesn't charge I will be surprised.
Ok apparently just one who doesn't require data feed market 2 cost and licenses. OneUp trader. Never tested them myself tho.
Then the other which seems cheap is LMItrade only $15 per exchange and $35 for full package. For funded.
"The US exchanges available for trading are CME, CBOT, NYMEX, COMEX. If you trade all of those exchanges, you pay a single fee of $35 monthly." its not totally free but compared to others quite cheaper.
  • #17,920
  • Jul 15, 2023 10:06pm Jul 15, 2023 10:06pm
Passing Prop Challenge with Newstrading : Forex (reddit.com)
any thoughts on this thread on reddit, i already read this idea on the same subreddit, but i dont think its a good idea because i only see people crying on MFF discord a few minutes after a red news. someone said he gets more profit, back then i was wondering why i get more profit than what i expected due to news trading on mff. now im no longer trading the news but will this be a good idea to do on an mff evaluation.

basically putting buy stop and sell stop until one of it gets filled, aren't the spread will kill the account or are they?
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