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  • #33,301
  • Mar 20, 2024 7:36am Mar 20, 2024 7:36am
Quoting Capablanca
Darwinex also on futures {image}
Anyone on DarwinexZero program can give feedback?
  • #33,302
  • Mar 20, 2024 9:10am Mar 20, 2024 9:10am
Quoting Vitore
{quote} Let's not make it a pissing contest here please. I've worked with many great guys from Germany during my career and I know how proud you guys can be about your university degrees and how many doctorates you love to earn. Does it mean a young guy who barely graduated from the high school with no experience in trading deserves to be disregarded just because they're not DBA with 15 yrs. experience? Some can be pain in the ass here but trust me, it's not about their degree.
Those with real power and influence don't have to say it. One thing I've picked up during my decade in the industry.
  • #33,303
  • Mar 20, 2024 9:17am Mar 20, 2024 9:17am
Quoting LehmanBrotha
{quote} Those with real power and influence don't have to say it. One thing I've picked up during my decade in the industry.
All of my brainiac education delayed my trading success. Trading is a fight against the instincts of my inner caveman. Watch TraderTom on YT.
A snails pace wins the race :-)
  • #33,304
  • Edited 9:36am Mar 20, 2024 9:19am | Edited 9:36am
Quoting Novazor
{quote} Anyone on DarwinexZero program can give feedback?
It's a legit option but it's also a VERY slow grind... You pay about $100 upfront + $40 per month. It will take about 3-4 months of excellent performance to get around 50-60K in allocations with a 15% profit split which is the equivalent of a 10K Prop account with 85% profit split. Until a trader can climb the ranks and reach top 100 they wont see any meaningful earnings from the platform.
  • #33,305
  • Edited 10:00am Mar 20, 2024 9:48am | Edited 10:00am
Quoting CableJ
{quote} It's a legit option but it's also a VERY slow grind... You pay about $100 upfront + $40 per month. It will take about 3-4 months of excellent performance to get around 50-60K in allocations with a 15% profit split which is the equivalent of a 10K Prop account with 85% profit split. Until a trader can climb the ranks and reach top 100 they wont see any meaningful earnings from the platform.
Yeah so its not worth the time and dime
  • #33,306
  • Mar 20, 2024 10:40am Mar 20, 2024 10:40am
Quoting CableJ
You pay about $100 upfront + $40 per month. It will take about 3-4 months of excellent performance
-Wow! You mean, I get to pay them to work for them, and they don't have to train me or pay me anything!? That job sounds too good to be true!
  • #33,307
  • Mar 20, 2024 11:28am Mar 20, 2024 11:28am
Quoting Nsak3y
{quote}-Wow! You mean, I get to pay them to work for them, and they don't have to train me or pay me anything!? That job sounds too good to be true!
They collect monthly fees from everyone while only 1% succeed to reach top 100 after 1-3 years of time and effort. Different model... same minuscule success rate. To be somewhat fair, we have all heard of folks blowing eval+live accounts endlessly for months without securing a payout. They do offer a much cheaper way to lose money lol.
  • #33,308
  • Mar 20, 2024 11:37am Mar 20, 2024 11:37am
Quoting CableJ
To be somewhat fair
-No freaking way.
  • #33,309
  • Mar 20, 2024 3:28pm Mar 20, 2024 3:28pm
Alpha Capital announced that they will launch their own custom built in-house trading platform called A Trader (or Alpha Trader) in 8 weeks.
They said even US peeps can use it. Sounds great. Just don’t bank on the target launch date, they tend to overpromise their delivery dates there.
  • #33,310
  • Mar 20, 2024 5:06pm Mar 20, 2024 5:06pm
Just thought I would share this with everyone. By doing so I would like to hear you guys & girls views on what I'm sharing.
Against my better judgement & even after being advised to stay away by one trader on this forum that I have in high regard I decided to purchase a 50K evaluation with E8 Markets using their Match Trader platform. The evaluation was started on 3-15-24 & so far so good. The spreads are decent & the platform is ok. Already 1/4 of the way to the profit target even after a minor health setback. Using the Match Trader platform for order entry & using MT4 for charting.

Would appreciate any views & comments especially from anyone that may be trading an evaluation with E8 Markets.

Best of trades to all.
_____________________________________
  • #33,311
  • Mar 20, 2024 9:14pm Mar 20, 2024 9:14pm
Anyone here trading with Apex under a business entity? Per their FAQ, additional exchange fees may be applied for professional trader accounts, and to review terms to determine if you qualify, however, there is nothing stated in their terms about this. Just curious if anyone has encountered this. In any case, I have emailed support and will report back my findings.

Thanks.
  • #33,312
  • Mar 20, 2024 11:18pm Mar 20, 2024 11:18pm
Quoting acetrader
Just thought I would share this with everyone. By doing so I would like to hear you guys & girls views on what I'm sharing. Against my better judgement & even after being advised to stay away by one trader on this forum that I have in high regard I decided to purchase a 50K evaluation with E8 Markets using their Match Trader platform. The evaluation was started on 3-15-24 & so far so good. The spreads are decent & the platform is ok. Already 1/4 of the way to the profit target even after a minor health setback. Using the Match Trader platform for...
I'm doing a new challenge with them after a long time.
I'm experience the usual bad slippage and I have proof of that. Matchtrader has level II but that's just a fake thing in E8 because it's not considered.

Let's say I have in EURUSD ask something like this:
100K 1.09350
500K 1.09351
1M 1.09352

If I buy just 1 lot in quiet hours, when the price almost doesn't move, I still get the usual 0.5/0.6 slippage.
Not filled at 1.09350 or 1.09351 or 1.09352 which would be the maximum I would expect for 1 lot.

This is something that E8 always had in the past. They have decent spreads but then have the hidden spread under heavy slippage.

I guess it's their way to keep HFT away.
---------------
P.S. In the last 2 weeks I enter in reckless mode testing some new shops in the arena and doing again some old ones that I haven't used for a while. Let's see what I can milk and how many will let me down. I'll keep updates here.
  • #33,313
  • Mar 20, 2024 11:48pm Mar 20, 2024 11:48pm
Quoting Capablanca
Yesterday TFF sent an email saying some bla bla bla that they were going to consolidate accounts in ctrader bla bla bla and that I would receive another email in the next couple of hours (I didn't yet). No idea what that mean but today when initializing ctrader I got this. Did anyone experience that too ? if so what have you done. {image}
cTrader account credentials often end up in spam. Check your spam folder, you must have email from cTrader with your account credentials.
  • #33,314
  • Mar 21, 2024 12:16am Mar 21, 2024 12:16am
Quoting Capablanca
{quote} I'm doing a new challenge with them after a long time. I'm experience the usual bad slippage and I have proof of that. Matchtrader has level II but that's just a fake thing in E8 because it's not considered. Let's say I have in EURUSD ask something like this: 100K 1.09350 500K 1.09351 1M 1.09352 If I buy just 1 lot in quiet hours, when the price almost doesn't move, I still get the usual 0.5/0.6 slippage. Not filled at 1.09350 or 1.09351 or 1.09352 which would be the maximum I would expect for 1 lot. This is something that E8 always had...
Mt5 back on E8 now
  • #33,315
  • Edited 2:34am Mar 21, 2024 1:38am | Edited 2:34am
Quoting Nsak3y
{quote}-Wow! You mean, I get to pay them to work for them, and they don't have to train me or pay me anything!? That job sounds too good to be true!
They also charge 10% withdrawal fee on your own (cash) funds if you use a card to fund your live account (any card type)..... so well done for making 10% on your own account, but we're having it...
  • #33,316
  • Mar 21, 2024 1:42am Mar 21, 2024 1:42am
Another ACG update. Yesterday, ACG updated their FAQ re Performance fee bonus. They don't do refunds, just the performance fee bonus.
Before it was 0.25-0.5% of the account size, now it is just 0.25%. (While others give refunds or 112% refund)

Attached Image (click to enlarge)
Click to Enlarge Name: perf fee faq.JPG Size: 29 KB
  • #33,317
  • Mar 21, 2024 1:58am Mar 21, 2024 1:58am
Quoting Fagin
{quote} They also charge 10% withdrawal fee on your own (cash) funds if you use a card (any card type)..... so well done for making 10% on your own account, but we're having it...
That's not cool.
  • #33,318
  • Mar 21, 2024 2:34am Mar 21, 2024 2:34am
Quoting rizla101
{quote} Mt5 back on E8 now
Just saw that today. Bad timing. I could have waited some more days before purchasing.
I doubt but I'll see if they can migrate an existing challenge.
  • #33,319
  • Mar 21, 2024 2:37am Mar 21, 2024 2:37am
Quoting Contessa22
Another ACG update. Yesterday, ACG updated their FAQ re Performance fee bonus. They don't do refunds, just the performance fee bonus. Before it was 0.25-0.5% of the account size, now it is just 0.25%. (While others give refunds or 112% refund) {image}
A 200K account costs $997 and they will reimburse only $500. Bad. They are not even the cheapest.
  • #33,320
  • Mar 21, 2024 3:06am Mar 21, 2024 3:06am
Quoting Capablanca
{quote} A 200K account costs $997 and they will reimburse only $500. Bad. They are not even the cheapest.
ACG seems to have sales everyday, usually 20% off.
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