Prop Firm Hub | Page 2134 | Forex Factory

Options

Go to
Permalinks
Print Thread

Featured US Prop Firms

Similar Threads

Anyone trading with a Prop firm 33 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
Exit Attachments

Prop Firm Hub

  • #42,661
  • Sep 29, 2024 9:32am Sep 29, 2024 9:32am
Quoting Cryptosurf
{quote} I lost the desire to keep up with the silly rules and sketchy payout schemes. Trading has become a smaller part of my overall investments as it is. Edit: If I ever jump in again then there’s only one futures prop that I would consider. They have no silly rules, DCA, etc. Has an attractive Static DD, and pushed to true live account, no monthly subscription other then broker fees, daily payouts. No silly sim games.
Which one is this? I find a couple that match most, but not all, of the above criteria. PM if you wish.
  • #42,662
  • Sep 29, 2024 9:37am Sep 29, 2024 9:37am
Quoting pipmaster77
{quote} Yes, everyone stay away. Let's not have what happened in forex props happen to futures. Stick to the established, proven firms. Only outcome of using the new firms is getting scammed and then bringing unwarranted attention to the space. Apex, TopStep, TakeProfit, MFFU, Bulenox....they are others that are not scams but their offerings suck.
I am wondering why bulenox not adding more platforms.... i mean all top firms have all the platforms available.... I asked their support few months back they said its in piepeline ........ Everyone knows tradovate increases the growth but its not easy to get.....
Extreme gut feeling trader
  • #42,663
  • Sep 29, 2024 9:48am Sep 29, 2024 9:48am
Quoting montygoldy
{quote} Yes their payouts are fast same day approval and next day hit RISE
Hats off to Matt, then (despite he plays tricks here and there)
  • #42,664
  • Sep 29, 2024 9:57am Sep 29, 2024 9:57am
Quoting montygoldy
{quote} I am wondering why bulenox not adding more platforms.... i mean all top firms have all the platforms available.... I asked their support few months back they said its in piepeline ........ Everyone knows tradovate increases the growth but its not easy to get.....
Apex, MFFU, Topstep, Tradeify, Tradeday are the only ones to use Tradovate to my knowledge.
Intraday only.
  • #42,665
  • Edited 10:16am Sep 29, 2024 9:57am | Edited 10:16am
Quoting pipmaster77
{quote} Yes, everyone stay away. Let's not have what happened in forex props happen to futures. Stick to the established, proven firms. Only outcome of using the new firms is getting scammed and then bringing unwarranted attention to the space. Apex, TopStep, TakeProfit, MFFU, Bulenox....they are others that are not scams but their offerings suck.
video about setting up Quantower with different props,

most of the props he uses are the ones you mention

Inserted Video
  • #42,666
  • Sep 29, 2024 10:00am Sep 29, 2024 10:00am
Quoting navk
{quote} Apex, MFFU, Topstep, Tradeify, Tradeday are the only ones to use Tradovate to my knowledge.
takeprofittrader, purdia capital etc..........
Extreme gut feeling trader
  • #42,667
  • Sep 29, 2024 10:51am Sep 29, 2024 10:51am
Best prop firm to "me" for futures is TopStep. Very solid platform (TopstepX). EOD Drawdown. Good Support. Been around for a long time. I have 3 - 150K evals with them, buying 2 more next week for a total of 5.
Drawdown is more important than Account Size !
  • #42,668
  • Edited 11:39am Sep 29, 2024 11:25am | Edited 11:39am
Is prop trading all a scam?

We are trying to find the angle for a CFD prop arm for Afterprime but the whole prop model just all looks like b-book 2.0

most are giving a demo account as a “live funded” account. I know as I’m in the industry and speak to everyone including the tech providers. So many people scammed and told they can’t trade cause they make too much money.

1. Which trading platform is everyone looking for?
2. Which CFD prop firm is the best for simple rules and ability to make money?
3. Which prop firm do you really honestly believe is giving real funds to trade on?
4. what would be your dream setup for a prop firm environment?

prove me it’s not a scam and help us design what you are looking for and I’ll make it happen.

my main ideas would be 100% profits kept by the trader, actual funded real money account, low fees to take a challenge. Simple rules. Max open exposure keeps a-book safe from risk of blowing past agreed drawdown levels. Anything else ?
  • #42,669
  • Sep 29, 2024 11:43am Sep 29, 2024 11:43am
Quoting Jemook
{quote} How about for CFDs? We are trying to find the angle for a prop arm for Afterprime but the whole prop model just all looks like b-book 2.0 most are giving a demo account as a “live funded” account. I know as I’m in the industry and speak to everyone including the tech providers. So many people scammed and told they can’t trade cause they make too much money. 1. Which trading platform is everyone looking for? 2. Which CFD prop firm is the best for simple rules and ability to make money? 3. Which prop firm do you really honestly believe is...
1. Meta. Ctrader as second option if Meta is impossible to offer. All the rest Match trader, Traderlock, etc. is crap.
2. The problem is not having the simpler rules. It's not having hidden rules. Some props have very simple rules but then use things like gambling, toxic flow and other arbitrary concept to deny payouts or funded accounts.
3. None
4. The only dream is to be able to trade without being uncertain if we will receive payout, if we will be banned for being profitable, if we're not being risk restricted for arbitrary reasons, etc.

You can design everything you can but at the end of the day what matters is if you pay and don't make excuses. That's why FTMO, 5ers or E8 are the most reputable and others are shady.

I don't want to sound negative but dozens before you came with the same good intentions, wanted to be honest, etc. and failed because risk managing is all what matter in this industry and props get attached by all sort of people and need to deny payouts to stay solvent.

Last three guys that came with this speech like yours was Franklin from Real Funds Trader, Tristan from Engineer and Khaled from Pips. Two are dead and one has already changed rules a hundred times, as well as a lot of shady practices.

If you want a serious approach then bring Takisd to the discussion as he is the man to speak with.
  • #42,670
  • Sep 29, 2024 12:03pm Sep 29, 2024 12:03pm
Quoting Jemook
Is prop trading all a scam? We are trying to find the angle for a CFD prop arm for Afterprime but the whole prop model just all looks like b-book 2.0 most are giving a demo account as a “live funded” account. I know as I’m in the industry and speak to everyone including the tech providers. So many people scammed and told they can’t trade cause they make too much money. 1. Which trading platform is everyone looking for? 2. Which CFD prop firm is the best for simple rules and ability to make money? 3. Which prop firm do you really honestly believe...

Prop firms are just betting companies. Like the real betting companies they bet that you can’t win.


Real big betting companies will block you too when you win. The same principle holds for the prop betting companies.
  • #42,671
  • Sep 29, 2024 12:04pm Sep 29, 2024 12:04pm
Great feedback, thanks! I’ve reached out to Takisd.

keen to hear more about TradeLocker as they have cool ideas but I don’t hear the best things? I’ll DM if you are open to it.


Quoting Capablanca
{quote} 1. Meta. Ctrader as second option if Meta is impossible to offer. All the rest Match trader, Traderlock, etc. is crap. 2. The problem is not having the simpler rules. It's not having hidden rules. Some props have very simple rules but then use things like gambling, toxic flow and other arbitrary concept to deny payouts or funded accounts. 3. None 4. The only dream is to be able to trade without being uncertain if we will receive payout, if we will be banned for being profitable, if we're not being risk restricted for arbitrary reasons, etc....
  • #42,672
  • Sep 29, 2024 12:07pm Sep 29, 2024 12:07pm
Quoting Eren10
{quote} Prop firms are just betting companies. Like the real betting companies they bet that you can’t win. Real big betting companies will block you too when you win. The same principle holds for the prop betting companies.
same principle with b-book brokers which I’ve never been a fan of. We are out to prove that it’s possible to do win/win business.
  • #42,673
  • Sep 29, 2024 12:22pm Sep 29, 2024 12:22pm
Quoting Jemook
Is prop trading all a scam? We are trying to find the angle for a CFD prop arm for Afterprime but the whole prop model just all looks like b-book 2.0 most are giving a demo account as a “live funded” account. I know as I’m in the industry and speak to everyone including the tech providers. So many people scammed and told they can’t trade cause they make too much money. 1. Which trading platform is everyone looking for? 2. Which CFD prop firm is the best for simple rules and ability to make money? 3. Which prop firm do you really honestly believe...
Why don't you try it again but be more sincere about your intentions and realistic about your goals.

1] You are here to make money
2] How do you do it and capture some market share?
3] What set up would people accept that also lessen the risk of your company not turning out like others?
4] Which prop firm should we let take the lead and copy them to be most effective? (FTMO is the answer to this question but drop the a-book crap).

People don't give a crap about the A-book b-book discussion, its 2012 brokerage industry hogwash that worked for GP but no longer works, people just want smooth trading and to be paid. Market making allows for more smooth trading experiences a retail trader can understand. If you can generate revenue outside of fees you win the olympics as your payouts are sustainable even if its 5% of payouts earned from other sources than fees.

We know your history and we know how you like to push yourself as the deity of transparency, but you already have started on the wrong foot - if you want our help be sincere and don't try to market yourself. A successful prop is always welcome here but we have all been here long enough to be respected and spared the marketing.

Beware the evil dashboard provider who over promises.
  • #42,674
  • Sep 29, 2024 12:26pm Sep 29, 2024 12:26pm
Quoting Takisd
{quote} Why don't you try it again but be more sincere about your intentions and realistic about your goals. 1] You are here to make money 2] How do you do it and capture some market share? 3] What set up would people accept that also lessen the risk of your company not turning out like others? 4] Which prop firm should we let take the lead and copy them to be most effective? (FTMO is the answer to this question but drop the a-book crap). People don't give a crap about the A-book b-book discussion, its 2012 brokerage industry hogwash that worked...
Bravo
  • #42,675
  • Sep 29, 2024 12:27pm Sep 29, 2024 12:27pm
Quoting Jemook
{quote} same principle with b-book brokers which I’ve never been a fan of. We are out to prove that it’s possible to do win/win business.

Not possible. Maybe data could be used to do something with it. But to do that one needs money. Prop betting company starters have also no money.
  • #42,676
  • Sep 29, 2024 12:57pm Sep 29, 2024 12:57pm
Quoting Jemook
{quote} same principle with b-book brokers which I’ve never been a fan of. We are out to prove that it’s possible to do win/win business.
FXIFY/FxPig seems to be doing well. They have limited rules and good customer service, received 150K client accounts within a year. Payouts are about 2.5M per month.
  • #42,677
  • Edited 1:29pm Sep 29, 2024 1:07pm | Edited 1:29pm
Quoting Jemook
Is prop trading all a scam? We are trying to find the angle for a CFD prop arm for Afterprime but the whole prop model just all looks like b-book 2.0 most are giving a demo account as a “live funded” account. I know as I’m in the industry and speak to everyone including the tech providers. So many people scammed and told they can’t trade cause they make too much money. 1. Which trading platform is everyone looking for? 2. Which CFD prop firm is the best for simple rules and ability to make money? 3. Which prop firm do you really honestly believe...
3. Cheltonwealth used to work with Luxtradingfirm until 2021 for recruiting talent , now they work with proppers.io


Attached Image (click to enlarge)
Click to Enlarge Name: 0C8553D4-722D-4E59-9A14-3E31FA25D51A.jpeg Size: 1.1 MB


Apterostrading for futures ( trading at reduced exchange fees )


All of them require a minimum of 15 to 30 trading days and CONSISTENCY…
  • #42,678
  • Sep 29, 2024 1:17pm Sep 29, 2024 1:17pm
Quoting Jemook
Great feedback, thanks! I’ve reached out to Takisd. keen to hear more about TradeLocker as they have cool ideas but I don’t hear the best things? I’ll DM if you are open to it. {quote}
Tradelocker is owned by Cue Banks and that alone if enough to cause nauseas.
  • #42,679
  • Sep 29, 2024 1:21pm Sep 29, 2024 1:21pm
Quoting TraderTero
{quote} FXIFY/FxPig seems to be doing well. They have limited rules and good customer service, received 150K client accounts within a year. Payouts are about 2.5M per month.
Many recent cases mostly about paying and banning (with gambling argument) or "technical" problems to buy new challenges because trader is banned without knowing about it. I think Vitore here also had troubles with them of this sort.
I got a lot of payouts from them and still have an account there, scaled but in a DD, though being paid alone doesn't mean much for me in terms of reliability.
  • #42,680
  • Sep 29, 2024 1:42pm Sep 29, 2024 1:42pm
Quoting Capablanca
{quote} Many recent cases mostly about paying and banning (with gambling argument) or "technical" problems to buy new challenges because trader is banned without knowing about it. I think Vitore here also had troubles with them of this sort. I got a lot of payouts from them and still have an account there, scaled but in a DD, though being paid alone doesn't mean much for me in terms of reliability.
Most props get those kind of complaints. So far I have also received prompt payouts from them. Their numbers look actually quite good. With 150K accounts their sales should have been around 20M and with 2.5M going out every month it looks like being sustainable. Time will tell.
224 traders viewing now