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  • #23,281
  • Sep 30, 2023 8:42am Sep 30, 2023 8:42am
Quoting AaronPriest
Another weekend, another Funded Next story, LOL! Both of these are private, internal IP addresses--NOT public ones! They don't know anything about how IP addresses and networking actually works. {image}
so anyone trading on a phone that switches IP or a mobile hotspot that has to be reset and assigned a new IP would be in violation during hours of trading... WTF
  • #23,282
  • Sep 30, 2023 9:02am Sep 30, 2023 9:02am
Quoting AaronPriest
Another weekend, another Funded Next story, LOL! Both of these are private, internal IP addresses--NOT public ones! They don't know anything about how IP addresses and networking actually works. {image}
Pretty bad. The only way to participate with them is to have a fixed IP address, a static one, that does not change. Usually you pay a lot extra to get this from provider.
  • #23,283
  • Sep 30, 2023 9:05am Sep 30, 2023 9:05am
Quoting Jay3ast
From a layman perspective, the5ers looks solid, and the facts that they are an old player in the industry. But why not so many people flocks to buy their programs? What's avoiding them?
Limited to 100K (base). You may scale but takes long if you're not aggressive
News trading +/- 2 minutes may be also an obstacle
3 days rules >0.5% may also be bad for those looking for big hits
  • #23,284
  • Sep 30, 2023 9:09am Sep 30, 2023 9:09am
Quoting Stoneyrocks
{quote} so they should risk $4000 on you and make $0 themselves and you get 100% of the rewards up to $100K ! ? Apteros is not a charity , my friend 100% first payout is a trick to encourage you to trade prudently and not give back too much of your profits to the markets so it lowers the risk that the $4000 drawdown gets hit and Apteros loses money on you.. I am 67 years old and have been a futures prop trader in my younger years , I have no affiliation with Apteros but from the remote options I have seen they are the number 1 IMHO the better...
67 Yrs old and many years trading futures don't qualify you to analyze online prop offers. Otherwise you would not be promoting/advocating trailing stop garbage.
  • #23,285
  • Sep 30, 2023 9:18am Sep 30, 2023 9:18am
Quoting CableJ
{quote} I would also throw TFF in there w/ <10K payouts 400K FTMO + 200K TFF + 100K 5%ers.... everyone else = gambling money
For 5ers I'm waiting for a payout in crypto. They say 24 to 48 business hours, which are already gone (unless they are like the old con artists of Trading Central Funds who said that 24 business hours were 8 hours in one day, 8 hours in another and 8 hours in another )

I'm curious to see how my payout for FXIFY will go next week (I'll ask straight away crypto so there won't be any excused of "Wise bla bla bla")

In the mean time I'm waiting for a Alpha payout. They don't work with Deel now so it will be the Wise rubbish. Fingers crossed. Payout was approved but I'm waiting for the transfer.
  • #23,286
  • Sep 30, 2023 9:29am Sep 30, 2023 9:29am
Quoting Capablanca
{quote} It's not just fees vs DD but that's the starting point (and disqualifies any further analysis if it's low)
100% dead on. If there is no value vs. trading that same fee in a personal account, NONE of the other factors even come into play.
  • #23,287
  • Sep 30, 2023 9:32am Sep 30, 2023 9:32am
Quoting CableJ
{quote} so anyone trading on a phone that switches IP or a mobile hotspot that has to be reset and assigned a new IP would be in violation during hours of trading... WTF
Their rules are done by scammers to idiots:
https://help.fundednext.com/en/artic...-at-fundednext
  • #23,288
  • Sep 30, 2023 9:35am Sep 30, 2023 9:35am
Quoting Capablanca
{quote} Their rules are done by scammers to idiots: https://help.fundednext.com/en/artic...-at-fundednext
whataever...

It is their rules.

We have option not to trade with them.
Intraday only.
  • #23,289
  • Sep 30, 2023 9:38am Sep 30, 2023 9:38am
Quoting CableJ
{quote} limiting every mt4 instance max bars to 1000-3000 seems to give the biggest performance increase for me. I was able to run 8 mt4s on a 15 year old Intel Celeron with 8gb with no problem lol
Nice so i would run 10 mt5 smothly in this baby, this one is what i ordered, low comsuption and doesnt heat much even gaming i saw in a youtube review video https://pt.aliexpress.com/item/1005005234874016.html
The module i bought is N100 8GB 256GB
  • #23,290
  • Sep 30, 2023 9:40am Sep 30, 2023 9:40am
Quoting Capablanca
Just to clarify, props with trailing stop need a completely different approach. We are not just trading but also gaming their rules. The right way to approach them is to have high risk bets and withdraw all when succeeding (causing the account to be violated because we hit the trailed stop). Doing this once, twice, three times will lead people to be banned. Not doing this means that trailing stop will trail until the starting point. From that moment people are only trading their own profits but not getting 100% of that.
Robbery in disguise. A good "regulator" would "protect" us from that sort of stuff, you would think? Instead, they went after the firm with the best (by far) chance of success for the trader.
Going back to value, and yes, it absolutely does matter, MFF is more than 2x value of FTMO on a 200K. Factoring in fee paid, targets in both phases and profit split......on a 200K account, MFF gave you $9.23 for every dollar in a personal account, FTMO is $4.53. The 5%ers high stakes 100K is $5.99.
FTMO and 5%ers still offer great value, but MFF was on another level.
Point being, if the score is under 2, proabably not worth the stress and if it is negative, the firm is getting that value from you, not vice versa, to put it simply, a negative value, regardless of ALL the other factors, you are actually LOSING money vs. trading it in a personal account.
  • #23,291
  • Sep 30, 2023 9:44am Sep 30, 2023 9:44am
Quoting Jay3ast
From a layman perspective, the5ers looks solid, and the facts that they are an old player in the industry. But why not so many people flocks to buy their programs? What's avoiding them?
Prior to their new high stakes program, their programs offered no value vs. trading on your own. The ENTIRE point of these props is getting more for your work than a personal account would provide.
  • #23,292
  • Sep 30, 2023 9:47am Sep 30, 2023 9:47am
Quoting Stoneyrocks
{quote} so they should risk $4000 on you and make $0 themselves and you get 100% of the rewards up to $100K ! ? Apteros is not a charity , my friend
Are you kidding me? They charge MONTHLY fees 500$. If it takes you one year to pass the challenge, they get 6000$ before they give you an account with only 2400$ drawdown (4000*0.6). If unfortunately you fail the challenge after one year, they get 6000$ and kick you out.

Yeah, Apteros is not a charity, they are vampires.
  • #23,293
  • Edited 10:19am Sep 30, 2023 9:51am | Edited 10:19am
Quoting ladder
{quote} 60% profit split, 4000*60%=2400 '$500 montly fees ( apteros does NOT make money on those )' Seriously？For 100K account with only 4k total drawdown, you have to trade very small (max 2 futures contracts, I suggest only 1 contract), how much would you save on commissions per month？ You need to earn 250% to pass the challenge(10K target versus 4k drawdown). How long would it take for you to earn 250%? One year? Then you need to pay 500*12=6000$. And with all the effort, time and 6000$, you finally get a drawdown of 2400$. This...
Exactly.....HUGE part of the formula....profit split multiply by max loss. This gives you EXACTLY the size account if you were trading on your own and keeping 100%. The rest of the formula is simple. Fee * (target/DD) applied for how many stages there are to get funded. Divide the two numbers. This will give you EXACTLY the amount $$$ they are providing per $1 on your own. If the number is negative, nothing else about that particular company matters, you will make more money on your own. IMO, if the value isn't atleast 3, it's not worth the rules, payout restrictions, will I even get paid, etc?
  • #23,294
  • Sep 30, 2023 9:55am Sep 30, 2023 9:55am
Quoting ladder
{quote} Since you are working for or connected to Apteros, I suggest you better go somewhere else to promote Apteros, because many intelligent people are in this thread. 100% first payout is a trick to prevent traders from withdrawing profits. If Apteros really cares about traders, the rule should be traders can withdraw 100% up to $100,000, no matter how many payouts.
Right, trick here is, if you want 100%, you MUST wait until your profits are 100K? I haven't checked, but if that is what you are saying here, yes , they are looking for the very naive and inexperienced.
  • #23,295
  • Sep 30, 2023 9:57am Sep 30, 2023 9:57am
Quoting CableJ
{quote} I would also throw TFF in there w/ <10K payouts 400K FTMO + 200K TFF + 100K 5%ers.... everyone else = gambling money
Agreed.
  • #23,296
  • Sep 30, 2023 9:57am Sep 30, 2023 9:57am
Quoting pipmaster77
{quote} Right, trick here is, if you want 100%, you MUST wait until your profits are 100K? I haven't checked, but if that is what you are saying here, yes , they are looking for the very naive and inexperienced.
They just have the old arcade seat model.
  • #23,297
  • Sep 30, 2023 10:04am Sep 30, 2023 10:04am
Quoting Rmg
{quote} Seriously, he just changed his bias towards 5%ers today.
In light of everything going on the past month, he is absolutely correct, from a long standing, reputable, professional standpoint, any other firm is lighting your money on fire at this point.
Taki has been in this industry probably longer than some her have been alive. Knows how brokers work inside and out and has been a consultant to atleast 1 of these prop firms. Like him or not, the guy 100% knows his shit.
As traders, sometimes we have to pivot, I couldn't stand the 5%ers offers, when they came out with High Stakes program, a program that DOES offer value, my opinion has also changed.
  • #23,298
  • Sep 30, 2023 10:07am Sep 30, 2023 10:07am
Quoting pipmaster77
{quote} In light of everything going on the past month, he is absolutely correct, from a long standing, reputable, professional standpoint, any other firm is lighting your money on fire at this point. Taki has been in this industry probably longer than some her have been alive. Knows how brokers work inside and out and has been a consultant to atleast 1 of these prop firms. Like him or not, the guy 100% knows his shit. As traders, sometimes we have to pivot, I couldn't stand the 5%ers offers, when they came out with High Stakes program, a program...
I hate 5ers. I think the owner is a liar, and I think that the offering sucks. But right now, if you have 50 bucks to your name you have two choices that aren't in the firing line. FTMO and 5ers.

Fuck the 5ers, but I am doing my best not to mislead anyone into purchasing something that tomorrow might be gone.
  • #23,299
  • Sep 30, 2023 10:07am Sep 30, 2023 10:07am
Quoting pipmaster77
{quote} Robbery in disguise. A good "regulator" would "protect" us from that sort of stuff, you would think? Instead, they went after the firm with the best (by far) chance of success for the trader. Going back to value, and yes, it absolutely does matter, MFF is more than 2x value of FTMO on a 200K. Factoring in fee paid, targets in both phases and profit split......on a 200K account, MFF gave you $9.23 for every dollar in a personal account, FTMO is $4.53. The 5%ers high stakes 100K is $5.99. FTMO and 5%ers still offer great value, but MFF was...
They went after MFF, the:
- Cheapest
- Offering best trading conditions (all spreads and executions and commissions summed up)
- More serious paying

All to "protect" us. While MFF is out of activity, we see Funded Next and TFT operating....
  • #23,300
  • Sep 30, 2023 10:09am Sep 30, 2023 10:09am
Quoting TraderTero
{image} Department of Trading Ethics...
MFF NEVER did this shit..........once again, they got the wrong guy. So frustrating, especially knowing exactly WHY they did it.

So the good guy is down, the scammers continue, all because some interests in the USA, bribed, er, I mean lobbied the CFTC.

Man, I wish we could take bets on this and get the true answer. I'll give everyone 10 to 1 I am correct.
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