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  • #24,881
  • Edited 4:48pm Oct 28, 2023 4:33pm | Edited 4:48pm
From the old rank list, Audacity still stands good and be reputable. I would put them into my list and exchange it with the5ers. But they have the last rank, because score is only at 2.2 without promo code. https://www.audacitycapital.co.uk/ability-challenge/ Any actual discount codes here ?

On Forexpropreview there is 30% cashback link, but I do not know if that works. 30% discount would enhance the score to 3.1, which is the same like FTMO then. So how do I get 30% discount elsewhere too and easily ?
  • #24,882
  • Oct 28, 2023 5:03pm Oct 28, 2023 5:03pm
I am not sure if you trade only from one computer at home with no VPN but no fixed IP, if you can still violate the IP address rule from MFFX , FE, BG, FN, E8 props ??

Because recently this year the props came with a lot of new rules, like no grid no martingale no all or nothing no.....but the real rule which could make them rich by denying a lot of legit traders with legit payouts is the new IP address rule by some firms. So no travelers, no VPNs, no clouds, no different devices you trade from, no mobile trading also not possible with that. But does it stop here really ? Or if that does not work for them, they will be (ridicoulous) stricter again or invent new rules ??
  • #24,883
  • Edited 5:32pm Oct 28, 2023 5:21pm | Edited 5:32pm
https://mdfinancialskills.org/what-happened-to-blufx/
The second oldest prop firm after FTMO were closed. But then reopened again with a new website ? https://www.blu-fx.uk/

https://mdfinancialskills.org/blufx-review/
https://forexpropreviews.com/blufx-t...k-to-business/

Who knows more about this mess ?
The links on the website does not work. No way to subscribe. Their 50k instant funding offer is good. They are reputable and old. So they are still off now or already back or what ?

https://www.fca.org.uk/news/warnings/blufx
  • #24,884
  • Oct 28, 2023 5:43pm Oct 28, 2023 5:43pm
Quoting TrAndy1
{quote} Any actual good or best promo codes running on this CTI challenges ? Also the instant funding offer score is below 1, which is a criminal offer. Also the direct funding offer is scored at 1 where there is no value to choose this. So out of 3 offers the two are not good or just fraudulent. Any firm offering this together with selling courses has intention to make money from this. And not from a part of this, with the challenges. I doubt you can do bigger payouts with them. Max. account size is also only 100k, then you can have max. 2 100k...
I agree the instant and direct funding offers aren't good but that doesn't mean they are fraudulent.

The challenge offer is decent and with a 15-20% coupon not a bad price either. To say you "doubt" they will honor any large payouts without proof and without any known complaints is a bit subjective.

You'd have to check Disord for coupons. I deleted my email that had a 20% coupon because they only offer Meta5 which I dislike. However, I may buy a regular challenge from them in the future as '"trust" is becoming more important to me than getting the perfect offer, especially if I decide to buy the 100K and up challenges.
Pride always comes before destruction.... -Proverbs 16:18
  • #24,885
  • Oct 28, 2023 5:46pm Oct 28, 2023 5:46pm
Quoting TrAndy1
These firms who had initial very bad offers with score below 1, I would treat them cautiously. Because they made the experience they cannot grow even they are older than other prop firms. So they are forced to make better or comparable offers, like CTI and 5ers recently made it true. I have some doubts about the credibility of such firms. Treating traders with offers which were not fair at all or simple with fraudulent offers. I inserted the old initial list on ranked prop firms based on the score or value for your fee. Once being classified as...
E8 offer is $25000 DD, not $35000
Don't give up on your dreams. Keep sleeping.
  • #24,886
  • Oct 28, 2023 5:47pm Oct 28, 2023 5:47pm
Quoting Expo33
{quote} I agree the instant and direct funding offers aren't good but that doesn't mean they are fraudulent. The challenge offer is decent and with a 15-20% coupon not a bad price either. To say you "doubt" they will honor any large payouts without proof and without any known complaints is a bit subjective. You'd have to check Disord for coupons. I deleted my email that had a 20% coupon because they only offer Meta5 which I dislike. However, I may buy a regular challenge from them in the future as '"trust" is becoming more important to me than getting...
You should know they are in this game for longer. They have seen all the growth from other props and they could not grow as they had no serious offer last year.
So they also had no serious traders before. Now they are entering the game with one good offer. They have no experience when a bunch of profitable traders will enter their better/good challenge. So it is legit to have some doubts how they will treat and handle consistent traders when they have no experience with them ???
  • #24,887
  • Oct 28, 2023 5:48pm Oct 28, 2023 5:48pm
Quoting Artcool
{quote} E8 offer is $25000 DD, not $35000
They had a scaling offer where max. DD also increased. That was included in the final score here. That is why it is also marked here. It is to be seen with cautious.

But with the recent CFTC case and their recent IP address issues which are artificial made and show only a sign of incompentece or better to avoid some payouts. Just in comparison with Bespoke they had no IP address issues anywhere. They also said that they could differ if that is the same trader or different one. So if they started fresh and can do figure out the IPs why then the other older props cannot do this ? It does not make any sense, except they need to lower the amounts of payouts only.
  • #24,888
  • Oct 28, 2023 5:49pm Oct 28, 2023 5:49pm
Quoting TrAndy1
These firms who had initial very bad offers with score below 1, I would treat them cautiously. Because they made the experience they cannot grow even they are older than other prop firms. So they are forced to make better or comparable offers, like CTI and 5ers recently made it true. I have some doubts about the credibility of such firms. Treating traders with offers which were not fair at all or simple with fraudulent offers. I inserted the old initial list on ranked prop firms based on the score or value for your fee. Once being classified as...
Comparing instant/direct funding models to 2-step models is like comparing apples to oranges. Has no value. Why don't you plug in the numbers for CTI's 2-step challenge and add that to your sheet?
Pride always comes before destruction.... -Proverbs 16:18
  • #24,889
  • Oct 28, 2023 5:55pm Oct 28, 2023 5:55pm
Quoting TrAndy1
{quote} You should know they are in this game for longer. They have seen all the growth from other props and they could not grow as they had no serious offer last year. So they also had no serious traders before. Now they are entering the game with one good offer. They have no experience when a bunch of profitable traders will enter their better/good challenge. So it is legit to have some doubts how they will treat and handle consistent traders when they have no experience with them ???
"I should know"

I DO know because I've used them off and on for 5 years and have had ZERO problems.

Obviously, they have another layer of revenue from their "educational" offerings so I would imagine they are on stronger financial ground than firms like your beloved BeBroke, I mean BeSpoke.

Maybe having a clean reputation is more important to them than pimpin' it on social media to try and gain more market share at the expense of reliable payouts to their Generation PEE, I mean Z, customer base
Pride always comes before destruction.... -Proverbs 16:18
  • #24,890
  • Oct 28, 2023 5:56pm Oct 28, 2023 5:56pm
Quoting Expo33
{quote} Comparing instant/direct funding models to 2-step models is like comparing apples to oranges. Has no value. Why don't you plug in the numbers for CTI's 2-step challenge and add that to your sheet?
The old rank sheet has some value still. You can see which firms operated in the past with how good the offers were made at that time. That can tell a lot about the reputation of any prop. You see all the props with score below 1 in that time turned out to be non-experienced to consistent traders as no real good trader ever choose that props. At least any greater number of consistent traders as they are of course everywhere a few exceptions. But that does not made their payouts red in comparison to the taken fees. So all those firms (score<1) have now no experience than the older firms with already score above 3, which is at least FTMO their score. That makes a huge difference. Everyone should be aware of. That CTI and others have no experience with consistent traders and lot of payouts going against them as their was no prior need. So their new better offers have no real track record for these prop firms. They have no experiene with that. I hope everyone understands that.
  • #24,891
  • Oct 28, 2023 6:06pm Oct 28, 2023 6:06pm
Quoting Expo33
{quote} I agree the instant and direct funding offers aren't good but that doesn't mean they are fraudulent. The challenge offer is decent and with a 15-20% coupon not a bad price either. To say you "doubt" they will honor any large payouts without proof and without any known complaints is a bit subjective. You'd have to check Disord for coupons. I deleted my email that had a 20% coupon because they only offer Meta5 which I dislike. However, I may buy a regular challenge from them in the future as '"trust" is becoming more important to me than getting...
hmmmmmm I didn't know they offered a challenge model now, doesn't look bad. Outside the US + 5 years in business without major payment issues... nothing terrible sticks out in the rules... I will add them to the mix.
  • #24,892
  • Oct 28, 2023 8:48pm Oct 28, 2023 8:48pm
Quoting Expo33
{quote} "I should know" I DO know because I've used them off and on for 5 years and have had ZERO problems. Obviously, they have another layer of revenue from their "educational" offerings so I would imagine they are on stronger financial ground than firms like your beloved BeBroke, I mean BeSpoke. Maybe having a clean reputation is more important to them than pimpin' it on social media to try and gain more market share at the expense of reliable payouts to their Generation PEE, I mean Z, customer base
What's the max leverage, I can't find it stated on the website

They do have a <1m SL requirement or trade will be closed (no hard breach though)
  • #24,893
  • Oct 28, 2023 9:39pm Oct 28, 2023 9:39pm
Quoting CableJ
{quote} What's the max leverage, I can't find it stated on the website They do have a <1m SL requirement or trade will be closed (no hard breach though)
From their chatbot
Attached Image (click to enlarge)
Click to Enlarge Name: cti.jpg Size: 28 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #24,894
  • Oct 29, 2023 2:51am Oct 29, 2023 2:51am
Quoting LehmanBrotha
{quote} I would dispute that stating the account was provided for unlimited time unless failed specified conditions. My MFF acc was like 3% - something up and I've requested chargeback. Will update once its solved.
I just said that I lost access to the account without any other reason other than the fraudulent activity of MFF with the documents necessary. Was really positively surprised that Revolut gave me the chargeback in less than 24h from request.
  • #24,895
  • Oct 29, 2023 3:17am Oct 29, 2023 3:17am
Quoting TrAndy1
These firms who had initial very bad offers with score below 1, I would treat them cautiously. Because they made the experience they cannot grow even they are older than other prop firms. So they are forced to make better or comparable offers, like CTI and 5ers recently made it true. I have some doubts about the credibility of such firms. Treating traders with offers which were not fair at all or simple with fraudulent offers. I inserted the old initial list on ranked prop firms based on the score or value for your fee. Once being classified as...

How is rank calculated??
  • #24,896
  • Oct 29, 2023 3:47am Oct 29, 2023 3:47am
This prop firm thread should be called the ego inflation thread with a pint of saltiness due to egos being hammered by CEO Kids fraudulent activities.
  • #24,897
  • Edited 5:09am Oct 29, 2023 4:56am | Edited 5:09am
Quoting CableJ
{quote} What's the max leverage, I can't find it stated on the website They do have a <1m SL requirement or trade will be closed (no hard breach though)
As I read somehwere that stop must be reasonable in distance placed too. You cannot place 0.00001 or 999.999 as SL on any trade at CTI. I think they are with intention vague here as this is kind of grey hidden rule what kind of exact limits on SL placing you need to do here. Also nothing is said about modifications of SLs.
If modifications are possible or not. Second you then need to watch your SL to modify it constantly or you cannot place more far away then say 50 or 100 (or 200) pips.
  • #24,898
  • Oct 29, 2023 5:06am Oct 29, 2023 5:06am
This prop thread is an eye opener and a lot of helpful information is imbedded. It is a good exchange of analysis and experiences across different (retail) prop firms.
  • #24,899
  • Oct 29, 2023 5:12am Oct 29, 2023 5:12am
Quoting youngD
{quote} How is rank calculated??
Formula of the expectancy score:
Score = ((Max. Drawdown on a given challenge account)*(profit split percentage)) / ((Euler^((% Profit goal) / ((-) max. allowed Drawdown)))*(challenge fee))

Description:
In words the score expresses the value you got for the fee in multiple times versus having the fee as deposit on a personal live account at your broker of your choice and doing your own compounding. The higher the score the more you get for the fee you spend there on that prop firm. The Euler figure of ~2.72 is the correct figure for analyzing any compounding in finance math. You could also look on Wiki how the Euler figure is constructed itself, but it is not necessary to understand my sheet.

-----------
Footnote:

The % profit goal is the sum from all phases. Second the rank is ranked according the score. Higher score means more value for the fee you get from the prop.
So highest score is highest rank.
  • #24,900
  • Oct 29, 2023 6:06am Oct 29, 2023 6:06am
Quoting TrAndy1
{quote} No, this is fraud. Like criminals exchanging money for less you give them. And you need to put in efforts too. The score is below 1. So daylight robbery from the5ers. This gives me very bad impression for 5ers if they are parent company behind that. They also had bad offers at the beginning. That changed recently but now again such a bad offer. They are not behind traders. Every trader who can do basic math as it is required in every application test on a more serious prop or trading firm would come to the same conclusion. Do not join. And...
You should not think that bad. If you remember that's how they started with forex until they launched the 2 steps program.
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