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Attachments: Prop Firm Hub POLL
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Prop Firm Hub POLL

Quoting Ak386
At some point they will listen to us{image}
They don't care about us but competition will force them to offer better trading conditions all the time. This will lead to many props failing as they lack the means of surviving in a highly competitive market place. BigPips is a good sample of that.
Quoting Ak386
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...
Show me an "instant funding" model where my max loss is greater than the fee I pay.....until this is accomplished instant funding is not the future, it is a complete ripoff.
I like the 2 plans, challenge and instant funding, but I ask how it is not better to have an Instant Funding for a professional trader with real money and start earning when you reach 10% profit (10% to get to next milestone) What an evaluation knowing that several of us have already passed and you have a 25% scale plan every 4 months, I have that doubt
Be happy, friendly, humble and winner!!
can any1 pls recommend a good prop firm?
Quoting Graham.
can any1 pls recommend a good prop firm?
All the research you'll need to make an informed decision can be found in this thread.

https://www.forexfactory.com/thread/...-prop-firm-hub
Pride always comes before destruction.... -Proverbs 16:18
Quoting pipmaster77
{quote} Show me an "instant funding" model where my max loss is greater than the fee I pay.....until this is accomplished instant funding is not the future, it is a complete ripoff.
The5ers gives you more DD than your cost.
Quoting Graham.
can any1 pls recommend a good prop firm?
It's very easy, choose the ones that are best in the poll
Be happy, friendly, humble and winner!!
  • Post #28
  • Quote
  • Edited 12:13pm May 25, 2023 11:36am | Edited 12:13pm
I have an account with MY FOREX FUNDS and MY FUNDED FX, I like both but MFFX has the EIGHTCAP broker.

You can check finotive funding, it's interesting!

Attached Image (click to enlarge)
Click to Enlarge Name: My funded fx foto.png Size: 48 KB
Be happy, friendly, humble and winner!!
I'm thinking it's better for beginners to use a Prop Firm that looks like this:
Free retakes and one free extension
In profit but didn't reach the target? No problem, if your Phase I 30 day limit is reached and you are in profit without any breaches on the account you are entitled to 2 free extensions of up to 14 days each OR unlimited free retakes.
I found this inconvenience when it is Unlimited, when one is close to the limit you no longer have the ability to trade, instead when you reach 30 you have free retakes and that's how you start again
Be happy, friendly, humble and winner!!
The previous message is not valid at all, but the poll worked, we already see the trends,
A difference in the Maximum Overall Loss of 8% to 10% makes the difference with other prop firms, nor do I understand that there are firms with 4% Maximum Daily Loss and they have clients.

The scale plan can also make a difference, every 4 months is too far, that should be every month if it reaches 10%

I am sure that the prop firms read these messages and they will listen to us
Be happy, friendly, humble and winner!!
Hello
I'm here to provide you with some information about Funded Next. This prop firm has been running a lot of advertisements recently, which are quite enticing. They offer a 15% profit from two challenge stages and a 150% refund on the initial subscription fee! However, the condition for these payments is that after completing two challenge stages, you must be able to make a 5% profit in the live account.
So far, everything seems great, but when you pass the two challenge stages and receive your real account, you'll be faced with very high spreads, making it practically impossible to make a profit. In the video I've attached, you can see the extent of the spreads on this prop account. When I raised objections, they claimed that they get the prices from a liquidity provider and have no control over it!! This is a big lie and deception. I have worked with various brokers, different platforms, and various liquidity providers. Such spreads, especially under all market conditions, are truly unprecedented and effectively steal from the customer.
I hope this information is useful to you and helps prevent any losses on your part.
My question to you is whether there is an authority to report the misconduct of these platforms so that we can file a complaint?
Attached File(s)
File Type: mp4 0010.mp4   1.1 MB | 81 downloads
File Type: mp4 009.mp4   4.0 MB | 84 downloads
Quoting sinap
Hello I'm here to provide you with some information about Funded Next. This prop firm has been running a lot of advertisements recently, which are quite enticing. They offer a 15% profit from two challenge stages and a 150% refund on the initial subscription fee! However, the condition for these payments is that after completing two challenge stages, you must be able to make a 5% profit in the live account. So far, everything seems great, but when you pass the two challenge stages and receive your real account, you'll be faced with very high spreads,...

This is the case with all of the prop firms. Even on demo phases. Standard prop form techniques. They set just hidden spread larger. They have no liquidity providers as most is just on demo.
Quoting Eren10
{quote} This is the case with all of the prop firms. Even on demo phases. Standard prop form techniques. They set just hidden spread larger. They have no liquidity providers as most is just on demo.
No, it's not like that at all. I have accounts in FTMO, the5ers, finotive funding and .... I have never seen any extra spread or commission beyond what they declared and it's normal to receive from the customer. Hidden spread is blatant theft. Please do not normalize this dirty techniques.
Quoting Ak386
I have an account with MY FOREX FUNDS and MY FUNDED FX, I like both but MFFX has the EIGHTCAP broker. You can check finotive funding, it's interesting! {image}
Do these brokers make payout? Did you recieve anything?
Quoting sinap
{quote} No, it's not like that at all. I have accounts in FTMO, the5ers, finotive funding and .... I have never seen any extra spread or commission beyond what they declared and it's normal to receive from the customer. Hidden spread is blatant theft. Please do not normalize this dirty techniques.
What could you tell about finotive? Is it good choice ?
Quoting stasbz
{quote} What could you tell about finotive? Is it good choice ?
This thread is useless.

If you want answers to your questions from traders with experience with many prop firms ask here:

https://www.forexfactory.com/thread/...-prop-firm-hub
Pride always comes before destruction.... -Proverbs 16:18
It's so funny how mff was the most popular here and I believe anywhere in the world, but it ended up being a scam.
Risk Management is of utmost importance!
Quoting RCtrader
It's so funny how mff was the most popular here and I believe anywhere in the world, but it ended up being a scam.
Still a lot of things to be determined in the courts.

Anyway, no one reads this useless thread. For adult discussions regarding MFF and other props go here:

https://www.forexfactory.com/thread/...-prop-firm-hub
Pride always comes before destruction.... -Proverbs 16:18
Quoting Expo33
{quote} Still a lot of things to be determined in the courts. Anyway, no one reads this useless thread. For adult discussions regarding MFF and other props go here: https://www.forexfactory.com/thread/...-prop-firm-hub
Yeah, I know. But that thread is way too loaded.
Risk Management is of utmost importance!
Quoting RCtrader
{quote} Yeah, I know. But that thread is way too loaded.
Well, if you enjoy talking to yourself then post here.
Pride always comes before destruction.... -Proverbs 16:18
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