Prop Firm Hub | Page 997 | Forex Factory

Options

Go to
Permalinks
Print Thread

Featured US Prop Firms

Similar Threads

Anyone trading with a Prop firm 33 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

  • #19,921
  • Sep 2, 2023 8:29am Sep 2, 2023 8:29am
Quoting Boulder
MFF FTMo are all in house liquidity. We need use firms with a broker{image}
Maven, really?

Afraid I can't give this guy any money, happy to miss out if I'm wrong:
Inserted Video
  • #19,922
  • Sep 2, 2023 8:31am Sep 2, 2023 8:31am
[quote=Boulder;14560489]{quote} you missed point. It’s not about how much money they have, it’s about price quote, since they are in house liquidity provider

Going Forward, I will choose prop firms use REGULATED 3rd party brokers and 3rd party risk desks. Stay away from those using in-house broker.
  • #19,923
  • Sep 2, 2023 8:32am Sep 2, 2023 8:32am
Quoting Capablanca
{quote} All of them operate in the same way. That being said, MFF was one of the best and no comparison with guys like Funded Next and such. We would be naïve thinking that all the other ones are operating with real money, charging real commissions and having market slippage. And that they are keeping the profits in the company bank account. The kids of Bespoke and Funded Next, the "serious" Cue Bank, the visionaries Angelo or Matt... ?

if MFF was the best run ponzi setup what does that say about the rest of the companies if even half of the charges against MFF are true?... so kazmi was the least deceitful and crooked and the other guys are even worse LOL


what amazes me is people in this room want to run and be scammed out of their money by other companies in less regulated countries...what is wrong with you people.

i understand majority of prop traders are young kids without life experiences and they come from impoverised surroundings and viewed this industry as a way out of poverty but grow up....prop firms are out to screw you...if the so called best canadian firm used illegal practices to fuck you what makes you think an outfit in some shitty island state in the ocean will be better?
short trump and go long the deepstate
  • #19,924
  • Sep 2, 2023 8:33am Sep 2, 2023 8:33am
[quote=Boulder;14560497]
Quoting Boulder
{quote} you missed point. It’s not about how much money they have, it’s about price quote, since they are in house liquidity provider Going Forward, I will choose prop firms use REGULATED 3rd party brokers and 3rd party risk desks. Stay away from those using in-house broker.
We should have a pinned names of registered brokers. It could really help
Trading is gambling. So gamble responsibly.
  • #19,925
  • Sep 2, 2023 8:35am Sep 2, 2023 8:35am
Quoting wmwmw
Also per CFTC filing,when employees STP profitable trades, the trades are usually became less profitable. That means no matter how high MFF's slippage, the trading environment inside MFF is still better than outside real market.Or we can say traders are not hurt but benefit by MFF's trading condition.
I agree with you. Also, I do not like people's interpretation of 'slip them to hell', I think it was about HFT or similar EA taking advantage of their 'live-like' price quotes.
  • #19,926
  • Sep 2, 2023 8:35am Sep 2, 2023 8:35am
[quote=Boulder;14560497]
Quoting Boulder
{quote} you missed point. It’s not about how much money they have, it’s about price quote, since they are in house liquidity provider Going Forward, I will choose prop firms use REGULATED 3rd party brokers and 3rd party risk desks. Stay away from those using in-house broker.
Agreed.
Intraday only.
  • #19,927
  • Sep 2, 2023 8:36am Sep 2, 2023 8:36am
Quoting wmwmw
{quote} Actually I think losers are not hurt by prop firms. Because otherwise they would lose much more if they did not trade prop forms but trade real market. I quote what a trader said when he blow up a funded account: "I blow up $120, but I previously blow up $15000, $5000, and $8000 when I trade my live personal account."
true.

The loosers were saving on losses after prop firm sign ups.
Intraday only.
  • #19,928
  • Sep 2, 2023 8:37am Sep 2, 2023 8:37am
[quote=Sovy;14560501]
Quoting Boulder
{quote} We should have a pinned names of registered brokers. It could really help
In this article, we are going to go through which broker is each proprietary trading firm partnered with.

You can see which broker is each prop trading firm partnered with within the spreadsheet below:

Proprietary Trading FirmForex Brokers

E8 FundingTier-1 Liquidity Provider with Direct Market Access
Alpha Capital GroupACG Markets
AlphachainTier-1 Liquidity Provider with Direct Market Access
Audacity CapitalTier-1 Liquidity Provider with Direct Market Access
Bespoke FundingEightcap
Blue GuardianPurple Trading Seychelles, Eightcap
BuoyTradeEightcap
City Traders ImperiumTier-1 Liquidity Provider with Direct Market Access
FidelcrestFidelcrest Markets
Finotive FundingFinotive Markets
Forex Capital FundsEightcap
FTUKEightcap
FTMOTier-1 Liquidity Provider with Direct Market Access
Funded AcademyEightcap, IronFX
Funded Trading PlusEightcap
FundedNextEightcap
FunderProOspreyFX
Funding PipsBlackBull Markets
Glow NodeEightcap
Goat Funded TraderThinkMarkets
Leveled Up SocietyEightcap
Lux Trading FirmGlobal Prime
Ment FundingEightcap
MyFlashFundingThinkMarkets
My Forex FundsTraders Global Group
MyFundedFXEightcap, ThinkMarkets
Nations TradingFX Live Capital
OspreyFXOspreyFX (They are also a brokerage)
Smart Prop TraderEightcap
Super FundedEightcap
SurgeTraderThinkMarkets
The Funded TraderPurple Trading Seychelles, Eightcap, ThinkMarkets
The Trading PitFXFlat, GBE Brokers
The5%ersTier-1 Liquidity Provider with Direct Market Access
TopTier TraderOspreyFX
Trading FundsEightcap
True Forex FundsTier-1 Liquidity Provider with Direct Market Access
  • #19,929
  • Sep 2, 2023 8:38am Sep 2, 2023 8:38am
Proprietary trading firms offer traders a chance to work with more significant amounts of funds without having to risk their own capital. However, prop firms have different funding options. Some offer real live accounts, while others provide demo accounts where trades get copied to the firm’s live trading account.

You can see which prop firms offer real live trading accounts in the spreadsheet below:

Proprietary Trading FirmReal Live Accounts

Attached Image (click to enlarge)
Click to Enlarge Name: 2023-09-02_154004.jpg Size: 141 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 2023-09-02_154018.jpg Size: 130 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 2023-09-02_154037.jpg Size: 55 KB
  • #19,930
  • Sep 2, 2023 8:43am Sep 2, 2023 8:43am
[quote=navk;14560504]
Quoting Boulder
{quote} Agreed.
As a start up.. I will sign up more with FXIFY as a new start. This I will do once my funded account is enabled with them.

I will forget MFF for time being.

Untill MFF or the real fraudesters ( You know whom I mean ) make refund and profit share to me
Intraday only.
  • #19,931
  • Sep 2, 2023 8:44am Sep 2, 2023 8:44am
Quoting CableJ
hmmmmm... could the current model still work with some small tweaks in the US... 1. Forex + Futures instead of banned CFDs 2. no more lying about being funded, live trading, real markets ect. 3. no fake commissions charged 4. no backend tricks with excessive slippage 5. no drawdown limits, instead of 100K with 10% DD, it's just full 10K account 6. Tax payer reporting to IRS 7. Prop financial reporting to CFTC 8. 3rd phase stated as payed simulated environment where traders get profit split 9. Front page of website monthly disclosure of pass & payout...
I guess you are saying that they announce this as a video game (which is what it is ?)

If so, the difficult I see is to mimic market conditions. Otherwise we have people making tons of money in news of with huge lots (basically the same problem they had so far).

All the rest seems fine, although I'm not sure how much regulatory obligation that would carry on.
  • #19,932
  • Sep 2, 2023 8:44am Sep 2, 2023 8:44am
Quoting TrAndy1
Quoting Sovy
{quote} In this article, we are going to go through which broker is each proprietary trading firm partnered with. You can see which broker is each prop trading firm partnered with within the spreadsheet below: Proprietary Trading FirmForex Brokers E8 FundingTier-1 Liquidity Provider with Direct Market Access Alpha Capital GroupACG Markets
...
I see FTMO listing with Direct Market Access, so FTMO is not using in house liquidity provider, am I right?
  • #19,933
  • Sep 2, 2023 8:45am Sep 2, 2023 8:45am
Quoting CableJ
hmmmmm... could the current model still work with some small tweaks in the US... 1. Forex + Futures instead of banned CFDs 2. no more lying about being funded, live trading, real markets ect. 3. no fake commissions charged 4. no backend tricks with excessive slippage 5. no drawdown limits, instead of 100K with 10% DD, it's just full 10K account 6. Tax payer reporting to IRS 7. Prop financial reporting to CFTC 8. 3rd phase stated as payed simulated environment where traders get profit split 9. Front page of website monthly disclosure of pass & payout...
I love it. The question is....Is it worth it to the broker/firm? Will it be profitable enough.
The last point hits everything right on the head.....the futures exchanges get their money........for the naive among us, this is who is behind ALL REGULATION in the US....Dodd-Frank, crypto, props.....they do not give two shits about protecting you, it's the big boys in Chicago losing money to spot fx and now props.
  • #19,934
  • Sep 2, 2023 8:48am Sep 2, 2023 8:48am
Quoting Boulder
MFF FTMo are all in house liquidity. We need use firms with 3rd party broker{image}
On Monday will you trust more on Funded Next (third part broker) or FTMO (internal broker) ?

This is an honest question.
  • #19,935
  • Sep 2, 2023 8:48am Sep 2, 2023 8:48am
Quoting TrAndy1
Proprietary trading firms offer traders a chance to work with more significant amounts of funds without having to risk their own capital. However, prop firms have different funding options. Some offer real live accounts, while others provide demo accounts where trades get copied to the firm’s live trading account. You can see which prop firms offer real live trading accounts in the spreadsheet below: Proprietary Trading FirmReal Live Accounts {image} {image} {image}
Thanks TrAndy1. Did you compile the s/sheet? How accurate is it?
  • #19,936
  • Sep 2, 2023 8:51am Sep 2, 2023 8:51am
Quoting Boulder
{quote}{quote} I see FTMO listing with Direct Market Access, so FTMO is not using in house liquidity provider, am I right?
Cannot put my hands into fire so no 100% guarantee. But it looks like as you said.
  • #19,937
  • Sep 2, 2023 8:52am Sep 2, 2023 8:52am
Quoting Boulder
{quote} his comments kind made sense though, MFF get caught by manipulating price since in house liquidity
The other ones parametrize things in 8crap (like we saw in the blunder of TFT or the permanent slippage of Funded Next). As that is not enough to control risk and they don't have internal servers like MFF had, they use other "tools" like IPs excuses, reverse trading obscure accusations and so on to deny payments.

Between one evil and another, I still preferred MFF way of controlling risk.
  • #19,938
  • Sep 2, 2023 8:52am Sep 2, 2023 8:52am
Quoting Dirac
{quote} Thanks TrAndy1. Did you compile the s/sheet? How accurate is it?
I hope it is 100% accurate. I did not compile.
  • #19,939
  • Sep 2, 2023 8:52am Sep 2, 2023 8:52am
Quoting wmwmw
1.Most things CFTC charges against MFF as fraud we already knew before and we didn't think those are fraud before. Now just because CFTC say they are fraud, you quickly change mind? And most here benefit from MFF, so if it is a fraud, you would be hurt not benefit.Just ask yourself,if MFF goes belly up, it is good for you or bad for you?If MFF is a fraud, you would be glad if you see MFF go broke. 2. Most things CFTC charges against MFF as fraud, you can charge against an insurance company, like when customer lose, an insurance company win.The things...
Apparently they had been under investigation for over a year. It’s more than compliance issues. They were intentionally putting traders at a disadvantage as a business model. No way to polish that turd.

Attached Image (click to enlarge)
Click to Enlarge Name: mff.jpg Size: 41 KB
Trade with confidence, trade without fear.
  • #19,940
  • Sep 2, 2023 8:52am Sep 2, 2023 8:52am
Quoting Boulder
{quote} his comments kind made sense though, MFF get caught by manipulating price since in house liquidity
His comments mades sense until he promoted those 6 prop firms
Pride always comes before destruction.... -Proverbs 16:18
145 traders viewing now