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Anyone trading with a Prop firm 6 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
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Prop Firm Hub

Quoting Cryptosurf
{quote} And all their is in Italian and expensive as fugg.
Exactly same prices as forex prop firms.....
Extreme gut feeling trader
Quoting ranilo.vince
{quote} Whay if you just get funded with small 50k accounts let's say and go with 10 or up to 20 prop firms and just profit small, let's say 3k to 5k per account per firm. So you don't look like a huge threat to them. At least you get paid by all the firms and it might look small in one account but if you combine the 20 50k accounts, you can still get good amount of profit. Just need to be not so greedy.
Thats the strategy i started prop firm journey with. I shared my goal on day 1 to have 10 prop firms account. But in realistic this process took me 5 monthsto get funded with multiple ones. And alot changed in that period alot of scams, account denial, payout denial in the end for me MY TIME , MY EFFORTS are way expensive than the challenge money. SO think if its is a business you're making money in the form of payout but there is always hassle, too much efforts just to get what you deserve in the end its not worth the time. Better to look somewhere. Thats why i moved to Futures atleast such type of nonsense/fuckery is not there. Its either black or white no grayscale at all.
These firms are alright for people who milked them last year. This year iall these firms going in gutter coz revenue declining.
Extreme gut feeling trader
Ok, I need a list of no rule prop firms that payout other than FTMO.

I have to start planning the next heist.
Quoting Takisd
Ok, I need a list of no rule prop firms that payout other than FTMO. I have to start planning the next heist.
MT4/MT5 only i assume? No rule props that pay, likely to be a short list these days.
Quoting rizla101
{quote} MT4/MT5 only i assume? No rule props that pay, likely to be a short list these days.
I am thinking the following:

I have FTMO already on lower leverage
ACG (even though i strongly dislike)
5ers (again above)
Funded engineer
FXIFY
Fundedpeaks even though they have some hidden 2% rule i am starting to see online
Fundednext but I will keep well under the radar.

If I max fund all those I should have like 3m right?
Quoting pipmaster77
{quote} I recommend to learn quantower....you can copy all of your accounts and simply put a multiplier of 3 on the evals....it will accomplish exactly what you are looking to do with the $150/$450.
are you using the free version from AMP or did you download it from QT?
Quoting Takisd
{quote} I am thinking the following: I have FTMO already on lower leverage ACG (even though i strongly dislike) 5ers (again above) Funded engineer FXIFY Fundedpeaks even though they have some hidden 2% rule i am starting to see online Fundednext but I will keep well under the radar. If I max fund all those I should have like 3m right?
Sounds a balanced list these days when nothing is safe.
If you go for Funded Next I think TFF is not riskier than them, provided that you're not too greedy on payouts. You could also add them.
E8 is american but if you don't mind I think they are decently reputable.
Quoting Capablanca
{quote} Sounds a balanced list these days when nothing is safe. If you go for Funded Next I think TFF is not riskier than them, provided that you're not too greedy on payouts. You could also add them. E8 is american but if you don't mind I think they are decently reputable.
I might start with the5ers next week and take it one at a time. I will start with 5k total cost and just rotate to fill up as i get refunds.
Quoting Takisd
{quote} I am thinking the following: I have FTMO already on lower leverage ACG (even though i strongly dislike) 5ers (again above) Funded engineer FXIFY Fundedpeaks even though they have some hidden 2% rule i am starting to see online Fundednext but I will keep well under the radar. If I max fund all those I should have like 3m right?
I think that is probably the best options you have.
I'm with 4 of those, Fundedpeaks I'd like to add (haven't seen anything about the hidden 2% rule) E8 also have MT unless your concerned with US base. I've had overall a good experience with them.
If you go for full 400k with alpha, 300k is max per strategy, in case you copy trade watch out for that.
Quoting rizla101
{quote} I think that is probably the best options you have. I'm with 4 of those, Fundedpeaks I'd like to add (haven't seen anything about the hidden 2% rule) E8 also have MT unless your concerned with US base. I've had overall a good experience with them. If you go for full 400k with alpha, 300k is max per strategy, in case you copy trade watch out for that.
I dont copy trade I rotate on the accounts taking small piece at each one (after passing).
Quoting Takisd
{quote} I dont copy trade I rotate on the accounts taking small piece at each one (after passing).
The best way, difficult to encounter any payout issues when operating in this way.
Quoting EF-Hutton
{quote} are you using the free version from AMP or did you download it from QT?
Actually, AMP I still use MT5. I use quantower with my apex accounts. However, I am going to covert amp over as then I get the licensed version for free.

https://support.atf.com/hc/en-us/art...our-Service-On

Scroll down to quantower, it is a live link. Use your rithmic login credentials.
Quoting montygoldy
{quote} Thats the strategy i started prop firm journey with. I shared my goal on day 1 to have 10 prop firms account. But in realistic this process took me 5 monthsto get funded with multiple ones. And alot changed in that period alot of scams, account denial, payout denial in the end for me MY TIME , MY EFFORTS are way expensive than the challenge money. SO think if its is a business you're making money in the form of payout but there is always hassle, too much efforts just to get what you deserve in the end its not worth the time. Better to look...
Ohh. Okay. Sorry to hear that. Thanks for letting me know. I guess I have no choice but to try Futures now as well. Are you able to recommend futures companies that can be used by people here in Asia?
We're not here to be right, we're here to Profit Consistently!
Was just reading over the posts on Apex’s discord. My God, I don’t think youngsters read anymore. All the discord questions are ridiculous.

All answers are in black ‘n white on atf. com

i stopped looking at discord when I came across this whopper:

”Does the -$650 drawdown on the static account have a drawdown of $650?” — makes me wonder if some 3rd world countries have discord but no internet?? Is this Q coming from a what’s-app’r who heard something but can’t access the website? Or?

Or are we (USA) doomed? Are we this stupid?
A snails pace wins the race :-)
Quoting ranilo.vince
{quote} Ohh. Okay. Sorry to hear that. Thanks for letting me know. I guess I have no choice but to try Futures now as well. Are you able to recommend futures companies that can be used by people here in Asia?
All companies have a list of countries that are not allowed to use their services. Countries not in the list are free to use it.

Example: https://support.atf.com/hc/en-us/art...ry-Participate

Anyway, think some forex prop firms are still ok. ACG is still paying out and I haven't heard of denied payments. I think if you trade more conservatively once you get funded, you'll still get paid out.
Quoting JustPipMe
Or are we (USA) doomed? Are we this stupid?
Don't worry, they vote.
Source Financefeeds
ICFunded.com is open for clients to sign up and explore the functionalities of the platform, albeit in a trial phase. TradeInformer has learned that the product has been operational for over a week and has garnered strong interest, especially from IC Markets‘ existing clientele.
IC Markets is not alone in this venture. The brokerage is part of a growing list of firms that have launched a prop firm or funded trader program. Notable names in the industry such as Axi, Oanda, and Hantec Markets have already embarked on similar paths, alongside smaller entities like Raise FX and YaMarkets.

I hear lot of guys in this thread no more trusting the Prop firms and want only to use Futures. My thought is, that when the big brokers are entering the market, then it could be a bit more trustworthy. I know - only a bit, but maybe like FTMO?
Read post #1 !! Then read it again 10 more times before you ask.
  • #34,218
  • Quote
  • Edited 12:39am Apr 6, 2024 12:04am | Edited 12:39am
Quoting youngD
{quote} I know but you know as well how most props look for excuses, it's your word against them even if you are right so you shouldn't give them chance to do it. I see you stick to futures now but feel sorry for your losses. You helped us a lot everyone see from your example that forex props with 100-200k accounts is pure risk now and waste of time. Good luck with Apex. Anyway as I said few days ago in my view Apex will have problems with payouts sooner or later, too many good traders join them and with discounts they offer it's like ticking bomb...
Apex also earn on resets + >30d renewals instead of unlimited time for free. The common 80% discount + activation fee combo cost is simply in line with slightly discounted evals for same DD on FX side. Eval+PA cost is also non refundable. Trailing + 30% consistency + 10 trading day min (only 20% 1 micro days) also destroys yoloers in live stage. There is also no meta trader for an avalanche of scammers & cheaters to take advantage of. Apex also has a grey beard running the company instead of some 20 year old that purchased "a prop in a box" solution with no prior business experience.

I trust NO PROP! However, from the prop perspective... the futures prop business model is simply way more sound than the race to the bottom FX side of the business. The CFTC + Metaquotes also handed over damn near 100% of the most lucrative prop market to the futures props.
Quoting RiskFighter
Source Financefeeds ICFunded.com is open for clients to sign up and explore the functionalities of the platform, albeit in a trial phase. TradeInformer has learned that the product has been operational for over a week and has garnered strong interest, especially from IC Markets‘ existing clientele. IC Markets is not alone in this venture. The brokerage is part of a growing list of firms that have launched a prop...
I almost got my head chopped off in here when I 1st mentioned Apex as an option last summer lol... The recent point of view shift is heavily skewed by my fellow Americans who have gotten royally screwed and forced out the FX prop market in recent months. If you're outside the US, there are still viable options available and the big brokers getting involved is good news for traders outside the US.
Quoting Takisd
{quote} I am thinking the following: I have FTMO already on lower leverage ACG (even though i strongly dislike) 5ers (again above) Funded engineer FXIFY Fundedpeaks even though they have some hidden 2% rule i am starting to see online Fundednext but I will keep well under the radar. If I max fund all those I should have like 3m right?
So what platform is Funded Engineer using now if you know?
Tried looking at the website but can't find shit other than how good they are messaging.
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