https://prosperity4x.com/accounts/ broker but has also funded accounts
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prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
Disliked{quote} yeah axi trader already has it if regulation to prop firms comes to eu and uk brokers will enter in this prop firm business for sureIgnored
Disliked{quote} Is it so that you first have to trade your own $500 to get the edge score 50 and after that you get $5000 or do you get immediately the $5000?Ignored
Disliked{quote} Is it so that you first have to trade your own $500 to get the edge score 50 and after that you get $5000 or do you get immediately the $5000?Ignored
Disliked{quote} Yeah i talked to support you deposit 500 u get 5000 funding, but you need to trade for minimum 30 days and place 20 minimum trades, 0.01 lot trades counts too and if you lose 10% drawdown you will be invited back to seed phase that is 1 phase and you dont lose the 500$ that you deposit, even in you are in pro phase and you lose you can try again pro phase, if you lose second time you will get one phase behind and in 3rd you will be back to seed phase, this offer looks pretty interesting especially for long term and consistent traders, the...Ignored
Disliked{quote} It takes you 270 days for that $1 million on funding and you need 4k to invest. That is exactly the money for challenge fees where you can get 1 million on funding within 30 or 60 days when you met their profit goals. So not really interesting (to me). But when it gets kind of regulated maybe all the brokers will have their own funding models, that would be quite interesting to see. But I fear again, that this will be more longterm orientated where you need to trade at least 6 to 12 months before you get any meaningful amount to trade with....Ignored
Disliked{quote} Yeah i talked to support you deposit 500 u get 5000 funding, but you need to trade for minimum 30 days and place 20 minimum trades, 0.01 lot trades counts too and if you lose 10% drawdown you will be invited back to seed phase that is 1 phase and you dont lose the 500$ that you deposit, even in you are in pro phase and you lose you can try again pro phase, if you lose second time you will get one phase behind and in 3rd you will be back to seed phase, this offer looks pretty interesting especially for long term and consistent traders, the...Ignored
Disliked{quote} I'm really stoked. I talked to chat. They said as long as you make the 5% required for each level, you can deposited the rest to bring it to the max for that level (or you can trade your way to the next level). That means with 4K deposit and 5 times reaching 5% in each level, you get to max funding of 1 mil with 90% profit split. That's my understanding anyway.Ignored
Disliked{quote} It takes you 270 days for that $1 million on funding and you need 4k to invest. That is exactly the money for challenge fees where you can get 1 million on funding within 30 or 60 days when you met their profit goals. So not really interesting (to me). But when it gets kind of regulated maybe all the brokers will have their own funding models, that would be quite interesting to see. But I fear again, that this will be more longterm orientated where you need to trade at least 6 to 12 months before you get any meaningful amount to trade with....Ignored
Disliked{quote} Thanks. Sounds interesting. Maybe not as good as the current prop firm challenges but that's the price you have to pay for trading with a regulated broker which has been around for many years.Ignored
Disliked{quote} Please check with chat about waiting 270 days. From what I understood, if you make 5% in a day and you add the rest in form of deposits, you advance to next level. So, if you make 5% a day, you get 1 mil next week? Please check and confirm. ThxIgnored
Disliked{quote} Please check with chat about waiting 270 days. From what I understood, if you make 5% in a day and you add the rest in form of deposits, you advance to next level. So, if you make 5% a day and top it up with your own cash, you get 1 mil next week? Please check and confirm. Thx Seems too good to be true. I took it that the the 'stage durations' are time limits given to make 5%. So, if it takes you longer, what happens? I don't know. Maybe you have to start the level all over again?Ignored
Disliked{quote} Please check with chat about waiting 270 days. From what I understood, if you make 5% in a day and you add the rest in form of deposits, you advance to next level. So, if you make 5% a day and top it up with your own cash, you get 1 mil next week? Please check and confirm. Thx Seems too good to be true. I took it that the the 'stage durations' are time limits given to make 5%. So, if it takes you longer, what happens? I don't know. Maybe you have to start the level all over again?Ignored