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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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Prop Firm Hub

Funny that Patrick wieland now dont promote APEX in their description, now is TAKEPROFIT, they must be paying him well or something wrong with apex
Quoting Novazor
Funny that Patrick wieland now dont promote APEX in their description, now is TAKEPROFIT, they must be paying him well or something wrong with apex
Apex probably owe him money. He will not talk sh*t about it otherwise they will ban him. I have zero faith on Apex.
Love Cars & Money !
Quoting procrude
{quote} Apex probably owe him money. He will not talk sh*t about it otherwise they will ban him. I have zero faith on Apex.
if they gonna pay someone that will be patrick because if they dont pay him is bad for their reputation
Quoting Trader191
{quote} but why you trade in this small prop accounts (against real accounts ) when you are so successful in past and can afford big real trading account? in general you should have millions in account now (when i look at your text ) and earn some millions each year by just trading your own accounts, so your opportunity costs should be to high for this prop accounts. you try now gambling around additional to your trading or what are your plans that you are interested in the small wins from prop against what you already have (at least when your story...
Missed your reply, as I did not get any notifications.
I did not want to give my long story here, so my post was to the point on prop firm part. My intention was to launch a full fledged brokerage firm with an automated trading algo and a prop firm wing, we registered in Singapore in 2020, started R&D and testing, got the FSC regulation and was ready to go LIVE by mid 2024, but our major investor changed his terms to invest after the launch and revenue, so we came to a stand still with zero money before launch. We spent over 800,000 US$ on this project. Wiped all my savings on this, which I will be able to recover only after official launch. Prop firm was my immediate need of raising some funds for the project and for personal survival. But it did not go well with the OFP story. I tried one more week as per their instruction, got rejected again today. The excuses of payment denial is very kiddish and unprofessional, inspite of keeping their daily risk levels and inconsistency levels perfectly in balance.

This is my trading history:
3/1/25 $1755
6/1/25 $1730
7/1/25 $1770
8/1/25 $1625
9/1/25 $645
10/1/25 $1385 (first cycle completed, payout requested but denied)
14/1/25 $1290
15/1/25 $1380
16/1/25 $420
17/1/25 $1360
20/1/25 $1450
21/1/25 $1410 (second cycle completed, payout requested but denied)
Total profits of $16220 in 12 days
Everything is possible if your determination can take over emotions !
Quoting Novazor
Funny that Patrick wieland now dont promote APEX in their description, now is TAKEPROFIT, they must be paying him well or something wrong with apex
-He is currently live on YT with Apex link in description.
Quoting Nsak3y
{quote}-He is currently live on YT with Apex link in description.
yeah saw that too now, it was just on the video of takeprofittrader i guess
Quoting Quickly
Excuse my asking, Stoneyrocks, but is that information verified, anywhere, or is it just a “claim”, with no evidence, from the company itself???
Brett always seemed a stand-up guy to me but yes, this seems way out of line from typical payout amounts , I also dont see it on payoutjunction…I will ask them
Quoting Stoneyrocks
I will ask them
Thanks. I’d be happy to be wrong in my suspicions, but I really do find it quite unbelievable!
Quoting Quickly
{quote} Thanks. I’d be happy to be wrong in my suspicions, but I really do find it quite unbelievable!
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Quoting Quickly
{quote} Thanks. I’d be happy to be wrong in my suspicions, but I really do find it quite unbelievable!
It's possible, because the interval between payouts is every 6 days. They pay from 1-4, 11-14, and 21-24. So, in reality, if you get paid on the 1-4 cycle, you'll only get another payout on the 21-24 cycle at the earliest because of the 10 days between payout rule (can't recall if it's going to be removed after this cycle or on newer accounts).
Quoting Stoneyrocks
{quote} {image}
For futures, MyFundedFutures and Tradeify top every time frame and by quite large margin.
This is only Rise, I assume, as I do not see some companies I know pay, such as Apex and TakeProfitTrader.
Is there a resource to see ALL payouts? other than only Rise.
I don't use Topstep, but I imagine they would be up there....on forex, do not see FTMO?????
Great resource, but obviously not all inclusive.
Quoting Stoneyrocks
{quote} {image}
One can easily fool payout junction. Prop firm can create their own internal accounts and pay to themselves. Look at fast track trading they were on top payout list.
Yes I would be skeptical of any rise payouts now. The prop owners learned to game it long ago.
Quoting Takisd
Yes I would be skeptical of any rise payouts now. The prop owners learned to game it long ago.
Wow, so many freaking ways for them to cheat......things I've never even considered.
Once again, why this thread is, by far, the best resource. Real world experience being shared.
Quoting pipmaster77
{quote} Wow, so many freaking ways for them to cheat......things I've never even considered. Once again, why this thread is, by far, the best resource. Real world experience being shared.
Speaking of real world experience, where's Monty? I was on a mini vac for a few, but haven't seen a Monty post in a while.
E8 has brought back 200K and 400K accts for 2 steps.
That's good. I have a 100K funded there and I have not added anymore because I hate to manage 100K accounts. For the same work it's better to manage 200K instead (and 200K is not too big to create huge payouts with a small profit %, like 400K).
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Quoting Capablanca
E8 has brought back 200K and 400K accts for 2 steps. That's good. I have a 100K funded there and I have not added anymore because I hate to manage 100K accounts. For the same work it's better to manage 200K instead (and 200K is not too big to create huge payouts with a small profit %, like 400K). {image}
did you see thee match trader drama and response there?
Quoting Capablanca
E8 has brought back 200K and 400K accts for 2 steps. That's good. I have a 100K funded there and I have not added anymore because I hate to manage 100K accounts. For the same work it's better to manage 200K instead (and 200K is not too big to create huge payouts with a small profit %, like 400K). {image}
Their payout policy is worst in the industry. They say pay on demand which is a joke. You need to make at least half of available daily drawdown (4%) and for step 1 it is like 4% with consistency.
Quoting Takisd
{quote} did you see thee match trader drama and response there?
Nop.
just to want to say I was having an issue with BG futures over home addresses. I moved to my present home a few months sgo and on purchasing an eval. I use my new address. now that I pass they are saying my identity is suspect. Kyc is completed successfully and yet they make an issue out of my current address. It's only for a 50k funded futures account and obviously I am not at the payout stage and yet there is so much hassle. It's clearly not what they claim to be i.e no IP restriction. Just wondering if anyone encounter such trivial issue
the cautious seldom err....C
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