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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

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Quoting OranJuice
{quote} I get it, but I have been paid the last time 3 weeks ago. So its pretty recent. But it seems like this interview thing is also rather recent. Although, I have seen in February claims on Telegram that Fundingpips have requested to do interviews for some traders in order to get paid out. And despite that, I scored a couple of payouts (3) from Apr -> May. Do we have concrete cases or evidence that they have blocked payouts with false accusations? I am thinking like the wave of TFT before that one went to the toilet. That would be the red alarm....
What I read in X is that several people that came to X saying they had their payouts delayed were proposed to sign a NDA if they wanted to be paid and keep the accounts and apologies in X or delete the tweet.
Not sure if that was true but at least I saw a couple of tweets deleted regarding delayed payouts. This was before this 2 weeks hiatus for system upgrade (which ended yesterday).
It's also reasonable established that FP is restringing several traders in leverage (1:5) and risk per day (I think 1%).
Let's see how this involves.
Quoting Capablanca
{quote} What I read in X is that several people that came to X saying they had their payouts delayed were proposed to sign a NDA if they wanted to be paid and keep the accounts and apologies in X or delete the tweet. Not sure if that was true but at least I saw a couple of tweets deleted regarding delayed payouts. This was before this 2 weeks hiatus for system upgrade (which ended yesterday). It's also reasonable established that FP is restringing several traders in leverage (1:5) and risk per day (I think 1%). Let's see how this involves.

Hmm interesting. Yes, the restriction to 1% is commonplace now, with even wellestablished firms doing that (like the 5ers).

Fundednext also does that.

Question remains: If someone has a payout pending with fundpips will they be denied? For now, thats a tough question to be answered.

Although, I have been paid 3x times, with no hassle at all. There may be the possibility of liquidity problems for the firms. Although they do have a huge influx of simpletons degenerately buying challenges, it really only takes a handful of profitable traders to even that out.

But at the same time, they do have 8.8 mil in traffic monthly. There is indeed a huge surge of simpletons buying.

It would be very valuable if someone got denied a payout with funding pips speak out here. Blurr out personal details in screenshots and you can be anonymous. So we the rest can stay out.
hi guys, there are a lot of delayed payouts from funding pips last tuesday, were they all settled already?
Quoting Fisher755
{quote} I checked the score once again after your post and it was the same. But now when I logged out and in again I see the change yes. And after 1.5% gain in calculator I would be at 76 again so it gets easier in time. Imho average to first allocation is cca 3 month, so we did a good job. 8% first year I took a pic : {image} So if we have more, then 20% gain is not enough as Sampat said and I would not want to go over that, at least not by much-all my calculations are on 8%...and of course no hurry, flipping the account is too much risk because...
How long from paying the €38/month to being evaluated and funded? Is one month enough?
Without despair & distraught, focus on Patience to FRESH MOTiVES.
Quoting genuine007
{quote} took 8 days to pass phase 1 took 3 days to pass phase 2 & when the time come to actually make the profit, started losing from the very first trade & now just 10$ to officially lose the live funded account without any payout this is called bad luck {image}
officially wasted without 0 payouts
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Quoting ladder
https://www.financemagnates.com/fore...ject-to-mifid/ Exclusive: Czech Regulator Asserts Prop Trading Firms “May Be Subject to MiFID” What do you guys think?
things start moving…
Quoting Stoneyrocks
{quote} things start moving…
FTMO legal sounds nervous with his word salad.

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Trade with confidence, trade without fear.
Quoting Cryptosurf
{quote} FTMO legal sounds nervous with his word salad. {image}
I have heard some things............ Past violation things.
Quoting Takisd
{quote} I have heard some things............ Past violation things.
Could you share some more info about that?
Quoting Tobiazzek
{quote} Could you share some more info about that?
Well, if ESMA finds that people need to be MIFID compliance. All your past activity was illegal. .
Is anyone having issues with logging into Quantower with Apex? I'm receiving this error msg: Trading system connection Login Failed. Please contact the FCM/IB who issued your login id for assistance.
I've never rcvd this error before.
Quoting coastie0194
Is anyone having issues with logging into Quantower with Apex? I'm receiving this error msg: Trading system connection Login Failed. Please contact the FCM/IB who issued your login id for assistance. I've never rcvd this error before.
You need to update to new version. When you click the quantower symbol in the extreme upper left, scroll to bottom and you should see new version. This happened to me last night.
Thanks Pip, appreciate the help!
For the people playing at home, there is a 0% chance that the regulators in the US or Europe will not require all prop firms to be regulated with appropriate licensing. 0. Real money, virtual funds, fairy funds or whatever. Whether its Apex or MFFU or Lux or tradeday or topstep or whatever.
Quoting Takisd
For the people playing at home, there is a 0% chance that the regulators in the US or Europe will not require all prop firms to be regulated with appropriate licensing. 0. Real money, virtual funds, fairy funds or whatever. Whether its Apex or MFFU or Lux or tradeday or topstep or whatever.
then 5ers is the safest bet around…?
Quoting Capablanca
Sorry for the offtopic guys, but we all follow the markets and this is fking crazy. {image}
watching his youtube live right now.
Extreme gut feeling trader
Quoting genuine007
{quote} Took 8 days to pass phase 1 Took 3 days to pass phase 2 & When the time come to actually make the profit, started losing from the very first trade & now just 10$ to officially lose the live funded account without any payout THIS IS CALLED BAD LUCK {image}
Most likely nerves, as you're essentially trading for real money now. Suddenly there's pressure on and it's much harder to watch those trades go against you, or to hold on to winners for a long time.
Quoting Quickly
For anyone who imagines that Apex might survive. And for anyone who doesn't understand the words "The end is nigh".
So some random no name trader scrub didn't get paid because he broke the rules and says 95% of traders aren't getting paid with zero evidence to prove that. Thx for enlightening us

Maybe you should stick to the one thing you're good at; tickling Karl's testicles.
Pride always comes before destruction.... -Proverbs 16:18
Quoting Takisd
For the people playing at home, there is a 0% chance that the regulators in the US or Europe will not require all prop firms to be regulated with appropriate licensing. 0. Real money, virtual funds, fairy funds or whatever. Whether its Apex or MFFU or Lux or tradeday or topstep or whatever.
So the props operating In US and EU/UK are going to need licensing( which I imagine only a few will get like FTMO FXIFY or ACG) and they will need to cut leverage. I guess also even something like 5ers will have to have certain licenses to be able to onboard clients from these countries. Are there other additional things that will come out of this? You mentioned FTMO being possibly held accountable for past activity. If so wouldn’t all props in these countries be closed down due to this? I have little knowledge of the topic so I’m just trying to understand what all of this would mean in the future.
33 traders viewing now, 3 are members:
MJurban
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genuine007
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marzy