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  • #43,161
  • Oct 12, 2024 2:05pm Oct 12, 2024 2:05pm
New futures prop: https://fundedfuturesfamily.com/
  • #43,162
  • Oct 12, 2024 2:10pm Oct 12, 2024 2:10pm
Quoting pipmaster77
{quote} Yes, but so does Apex. Goes away after buffer. Everything considered, $102 all-in for 50K, no consistency in live, daily payouts from day 1 if you make enough and the big one.......ABSOLUTELY NO PAYOUT CAPS from Day1........I think they are blowing everyone away right now. They also have a path to live, which will help if/when regulators come in. I've never really even looked at Topstep, so not sure on their path to live.
Hi pipmaster77,

After reviewing TopStep's website it appears they do offer a pathway to live. At the moment I'm focused on getting as many payouts as I can & if the pathways leads to live mode, then all the better. Will update when I find out for sure.
  • #43,163
  • Oct 12, 2024 3:02pm Oct 12, 2024 3:02pm
Quoting acetrader
{quote} Hi pipmaster77, After reviewing TopStep's website it appears they do offer a pathway to live.

Of course.

They have done for 12 years.

During that time, almost all the people who’ve ever passed a Combine have gone onto a genuine, live, funded CME account.

But now they also have this much newer, transitional phase as well, so recently, not everyone does.

I’ve tried to explain this to Pipmaster, but you know how it is, with him? He likes to Be Right (especially when - as so often - he’s wrong!) so don’t expect him to listen.

Above all, never expect him to say “Sorry, I may have been mistaken” about anything: those words apparently aren’t in his vocabulary.
  • #43,164
  • Oct 12, 2024 3:10pm Oct 12, 2024 3:10pm
Quoting KarlKraus
{quote} Of course. They have done for 12 years. During that time, almost all the people who’ve ever passed a Combine have gone onto a genuine, live, funded CME account. But now they also have this much newer, transitional phase as well, so recently, not everyone does. I’ve tried to explain this to Pipmaster, but you know how it is, with him? He likes to Be Right (especially when - as so often - he’s wrong!) so don’t expect him to listen. Above all, never expect him to say “Sorry, I may have been mistaken” about anything: those words apparently aren’t...
Well, here is the ironic thing, far moe folks here value my real world, real use opinion vs. you and your twin Quickly.
Let's take a poll, anyone who agrees with this statement, like this post, dislike if you disagree.......Quickly's vote does not count as double voting would be voter fraud.
If I win, will you go away?
Can you also pinpoint what I have been wrong on? I'm kind of curious.
  • #43,165
  • Oct 12, 2024 3:32pm Oct 12, 2024 3:32pm
Perhaps a pathway to live could be seen as a double-edged sword, especially if the criteria are not clearly defined (or in some cases, a total mystery).

On the one hand, having a proven pathway to live may help with regulation and the potential, long-term survivability of a firm. On the other hand, if the thresholds are unknown (or too low) and the terms are not favorable etc., then the supposed pathway may simply serve as a very one-sided boot for firms that are less-than-honest about what they really want, essentially giving them a free pass to operate without integrity.

I suspect that firms will need to have clearly-defined terms for going live. This may be difficult (and undesirable for some firms) to implement and/or disclose, but will likely be necessary from a regulatory standpoint. Apex has yet to do that, unfortunately. Certainly, it would be beneficial for traders to know the size of the box that they are playing in, and traders and regulators alike will be able to see which firms are actually serious about helping traders, which should help to weed out the lower-level firms.

My hope is that there will be requirements for firms to follow that are reasonable; favorable for traders and not overly restrictive to the point that the opportunity gets flushed down the toilet. Disclosure is essential.
  • #43,166
  • Oct 12, 2024 3:37pm Oct 12, 2024 3:37pm
Quoting pipmaster77
Let's take a poll, anyone who agrees with this statement, like this post, dislike if you disagree.......Quickly's vote does not count as double voting would be voter fraud. If I win, will you go away?
-Better to not get suckered into playing their game, pip. Karl and Quickly probably have a lot to offer, but they often choose to present their thoughts in provocative ways. I really do not see the point of it.
  • #43,167
  • Oct 12, 2024 3:52pm Oct 12, 2024 3:52pm
The cheapest CFD prop firm is Quant Tekel actually, and they seem to do payouts even they have a current migration and everything is bit slowlier currently. Their score is 7.7 which is like MyForexFunds had in the old days. And we know MFF was a solid firm until the CFTC started to threaten them. So will see if QT can do more payouts.
I wanted to say the offer is really cheap but it is not impossible cheap. It is actually the only offer which makes sense to me from a financial standpoint after taxes compared to a personal account. Before taxes you get around 4.5 times more than trading and compounding on a personal account, after tax still 3.5 times more. So if they do payout me and it seems they have full payout proofs with traders that had $100k cumulated payouts from them so far, then I would stay and buy more here.
  • #43,168
  • Oct 12, 2024 3:59pm Oct 12, 2024 3:59pm
Quant Tekel allows also traders from USA. They are just now integrating with DX Trader and then cTrader to onboard all of them. For me best value among all prop firms, including the futures prop arena too. Of course it is only CFDs traded but the value of the offer based on fee and static drawdown with balance based daily drawdown is by far the best what the industry actually has to offer. It also does not make sense to look elsewhere as the offer is on the limit with the 50% current promo code, actually running for months now. So you can expect that kind of discounts in the future too. And the best is, there are not too many complaints currently. So if any prop firm comes with a cheaper offer I would not trust it, as in the old days no solid prop firm was cheaper than MyForexFunds and Quant Tekel formerly Ascendx is on par with them regarding pricing and the value. If the migration is completed until end of November you should have them on your watchlist at least. Payouts are regularly done and posted in Discord too. Many do also post that they got their payouts. Me I can confirm that I got $20000 or twenty thousand US Dollars in payouts from them so far. And it went very smooth and also fast. And I invested at that time only $600 for a challenge fee I got refunded later. So very good experience from my side too.
  • #43,169
  • Oct 12, 2024 4:35pm Oct 12, 2024 4:35pm
I do not want to promote any prop firm. Not Quant Tekel or TopStep or TakeProfitTrader. I am just sharing my analysis, experiences and thoughts about them. That is all.
  • #43,170
  • Oct 12, 2024 7:37pm Oct 12, 2024 7:37pm
Quoting Takisd
. . .. any profit I will send to a few charities . . ..
I need charity - "GoFundMeFutureTrader". I just need some dough to buy more evaluation.
  • #43,171
  • Oct 12, 2024 7:39pm Oct 12, 2024 7:39pm
Quoting pipmaster77
{quote} Yes, but so does Apex. Goes away after buffer. Everything considered, $102 all-in for 50K, no consistency in live, daily payouts from day 1 if you make enough and the big one.......ABSOLUTELY NO PAYOUT CAPS from Day1........I think they are blowing everyone away right now. They also have a path to live, which will help if/when regulators come in. I've never really even looked at Topstep, so not sure on their path to live.
Sorry I lost you here, you mean Apex has ABSOLUTELY NO PAYOUT CAPS from Day1. The first 4 payouts are limited to $2K for a 50k account.
  • #43,172
  • Oct 12, 2024 8:54pm Oct 12, 2024 8:54pm
Quoting TrAndy1
Do not forget TakeProfitTrader (TPT) does have only 50% consistency rules on the eval, Topstep (TST) is stricter in total here. Also on TPT you have on demand payouts, so faster to get any money out than TST. In the live SIM TPT has no consistency rules anymore. So TPT is easier, yes it cost little bit more, but this is trade off, cause you get more for your money. You also forgot that THERE IS ALWAYS A RUNNING PROMO CODE FOR TPT. So 40% you need to deduct from challenge fee at TPT to make it comparable. https://takeprofittraderhelp.zendesk...PROMO-FAQS-Old...
Lets apply maths. If you make 10K in Topstep and 10K in take profit trader. You pay 2K to profit trader. How many challenges or PA fees can it pays...Same day withdrawal doesn't add any value if you are profitable and prop firm pays money which top step does. 20% commission is a lot especially considering trailing drawdown and trailing drawdown. Also if you make 5K they will put you on live and you have to again trail....
  • #43,173
  • Oct 12, 2024 10:18pm Oct 12, 2024 10:18pm
Quoting TrAndy1
New futures prop: https://fundedfuturesfamily.com/
Some hilarious stuff... they didn't even put efforts adding to contact lol... if you click contact link in footer it takes you to website builder .......
Extreme gut feeling trader
  • #43,174
  • Oct 13, 2024 1:30am Oct 13, 2024 1:30am
New kid on the block.
http://profitradefunding.com/

Interview with founders and some other perks.
They are on dxFeed BTW.

Inserted Video
  • #43,175
  • Oct 13, 2024 3:24am Oct 13, 2024 3:24am
Anyone here have this issue too with TopstepX ?

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  • #43,176
  • Oct 13, 2024 3:45am Oct 13, 2024 3:45am
Quoting TrAndy1
Quant Tekel allows also traders from USA. They are just now integrating with DX Trader and then cTrader to onboard all of them. For me best value among all prop firms, including the futures prop arena too. Of course it is only CFDs traded but the value of the offer based on fee and static drawdown with balance based daily drawdown is by far the best what the industry actually has to offer. It also does not make sense to look elsewhere as the offer is on the limit with the 50% current promo code, actually running for months now. So you can expect...
They have the worst rules on funded accounts. No vps, no EA's, no news trading, min holding time 2 minutes, max 3 trades per symbol etc. Rules are being changed on fly constantly. People have been waiting for their funded accounts for weeks. No reason to trade with them as there are much better options available. They give 50% discounts in order to collect as much funds they can before their rug pull.
  • #43,177
  • Edited 6:07am Oct 13, 2024 4:07am | Edited 6:07am
Quoting navk
{quote} This is wrong. Many of here made money in prop trading. in futures as well as fx The only thing what we lack is consistency
We didn't previously discuss a trader's profitability. What was discussed are the ideal criteria (including the 50k test price). MATCH is a broker-backed prop firm that offers the dream challenge.

Now let's discuss consistency. Can you generate $2000 from a $200 challenge in a 50k account? Yes. That's a 10x profit or 900%. Wow. But consider a trader who consistently makes profits from their own 50k could only average up to 20% per year? The profit is proportionally small in percentage compared to a large capital, even if they make a $10K profit. So, a model that occasionally explodes is superior.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #43,178
  • Oct 13, 2024 4:12am Oct 13, 2024 4:12am
Quoting TrAndy1
Quant Tekel allows also traders from USA. They are just now integrating with DX Trader and then cTrader to onboard all of them. For me best value among all prop firms, including the futures prop arena too. Of course it is only CFDs traded but the value of the offer based on fee and static drawdown with balance based daily drawdown is by far the best what the industry actually has to offer. It also does not make sense to look elsewhere as the offer is on the limit with the 50% current promo code, actually running for months now. So you can expect...
Be careful with this rule if you go with them. It's easy to make a mistake and 2 mistakes (soft breach) = hard breach.
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  • #43,179
  • Oct 13, 2024 4:21am Oct 13, 2024 4:21am
Quoting KarlKraus
During that time, almost all the people who’ve ever passed a Combine have gone onto a genuine, live, funded CME account.
This can't be true according with what they say in their site.
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  • #43,180
  • Oct 13, 2024 4:23am Oct 13, 2024 4:23am
Quoting TraderTero
{quote} They have the worst rules on funded accounts. No vps, no EA's, no news trading, min holding time 2 minutes, max 3 trades per symbol etc. Rules are being changed on fly constantly. People have been waiting for their funded accounts for weeks. No reason to trade with them as there are much better options available. They give 50% discounts in order to collect as much funds they can before their rug pull.
Which better options ? Offers that are comparable from the price please, as FTMO is more than twice expensive so I would not buy from them.
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