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Anyone trading with a Prop firm 6 replies

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Quoting Takisd
{quote} you've changed, we used to be friends.
Quoting pipmaster77
{quote} Right. It would most likely need to be an existing broker that integrates investor facing regulation. I see your point, being hard to duplicate.
Its a very expensive licensing apparatus. I dont think any broker has the appetite for it. When Darwinex got it the process is far easier. Its easier to try to get something similar elsewhere and pass it off as the same.
Quoting Expo33
That feeling you get when you wake up and remember that you're not using any prop/futures firms {image}
May I say "F*CK Yes!"
Quoting Takisd
{quote} If the model is restricted in any way, the offshore futures companies will take the market and the US ones will flop. People need to stop pretending that the majority of traders using these firms are even trying to do anything but gamble. If you cut off the gambling pieces they herd will move. Potentially back to CFD's. I have been predicting a futures implosion for a while now, the market is behaving identical to CFD's but 2 years behind.
For us non Americans, i guess we better run back to FTMO. Capa was wise to stick to CFD firms
Quoting Takisd
{quote} Its a very expensive licensing apparatus. I dont think any broker has the appetite for it. When Darwinex got it the process is far easier. Its easier to try to get something similar elsewhere and pass it off as the same.
does that explain why FTMO bought Oanda ?
Quoting Stoneyrocks
{quote} does that explain why FTMO bought Oanda ?
no even oanda doesn’t have darwinex level license. Oanda purchase is fine but I do not think it cures prop lack of regulation. Oanda is good for cash flow and personnel only. FTMO has a chance to do something great there but if their marketing is any indicator I doubt it. They are in different pool now. One they don’t know well
Quoting Takisd
Well, it looks like ex MFFX employee dex just dropped a nuclear weapon on X. https://x.com/Sigg556
-This should not be a surprise to anyone that frequents this thread.
I was checking Oanda prop and they don't allow European customer
Something interesting from the DEX leaks. December payout dip shouldnt existed as it would be from November flow. Something changed november for MFFU.
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Hello everybody!
I am looking for a prop firm that allows news trading and who’s got a good reputation. I have googled this, but it’s hard to know which ones are legit and which ones aren’t. A lot of fake reviews on trustpilot as well, so it’s a real jungle. So I’m turning to you my fellow traders, can someone recommend a good prop firm that allows trading during news hours, or more specifically, allows me to hold my position during news hours, in addition to having reliable payouts.
Thanks in advance!
Quoting morde
Hello everybody! I am looking for a prop firm that allows news trading and who’s got a good reputation. I have googled this, but it’s hard to know which ones are legit and which ones aren’t. A lot of fake reviews on trustpilot as well, so it’s a real jungle. So I’m turning to you my fellow traders, can someone recommend a good prop firm that allows trading during news hours, or more specifically, allows me to hold my position during news hours, in addition to having reliable payouts. Thanks in advance!
Your best bet

https://ftmo.com/en/faq/ftmo-swing-account-type/
Quoting morde
Hello everybody! I am looking for a prop firm that allows news trading and who’s got a good reputation. I have googled this, but it’s hard to know which ones are legit and which ones aren’t. A lot of fake reviews on trustpilot as well, so it’s a real jungle. So I’m turning to you my fellow traders, can someone recommend a good prop firm that allows trading during news hours, or more specifically, allows me to hold my position during news hours, in addition to having reliable payouts. Thanks in advance!
news trading is gambling. do not gamble.
Quoting solarpower
{quote} news trading is gambling. do not gamble.
I’m not looking to trade the news, but I want to be able to hold my position if I’m in a trade.
Quoting morde
{quote} I’m not looking to trade the news, but I want to be able to hold my position if I’m in a trade.
if you do not execute any order (including Take Profit, Stop Loss) within 10-minute timeframe, then you are fine with all prop firms.
Quoting solarpower
{quote} if you do not execute any order (including Take Profit, Stop Loss) within 10-minute timeframe, then you are fine with all prop firms.

Not correct. Some prohibit holding an open trade for a few minutes on either side of scheduled “red news”.
Quoting KarlKraus
{quote} Not correct. Some prohibit holding an open trade for a few minutes on either side of scheduled “red news”.
interesting, i think it must be futures prop firm then. i havent seen cfd prop firms which does not allow any open position going into the news.

anyway, to me, it is not good idea to hold open position going into the news like CPI, FOMC unless your entry is 100 pips away and your daily drawdown is balance-based.
Quoting solarpower
{quote} interesting, i think it must be futures prop firm then. i havent seen cfd prop firms which does not allow any open position going into the news. anyway, to me, it is not good idea to hold open position going into the news like CPI, FOMC unless your entry is 100 pips away and your daily drawdown is balance-based.
I can't recall either of any known cfd prop preventing people from having open positions during news, provided people didn't initiate or close them during the forbidden period. I would say I have my positions open during that time, most of the time, because my trades last hours or days.
Quoting Capablanca
{quote} I can't recall either of any known cfd prop preventing people from having open positions during news, provided people didn't initiate or close them during the forbidden period. I would say I have my positions open during that time, most of the time, because my trades last hours or days.
the shady ones breach accounts for this, but i mean they breach for anything IP ect they just give any excuse
Update:

With CPI volatility and some positive geopolitical developments, I've almost passed Phase 1 at ATFunded.
Here is the screenshot from ATFunded dashboard.
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Remember Matt L's DMs where he was talking about sharing the rev from failing accounts?

Bit more coming out about his behaviour.

https://x.com/Sigg556/status/1890000605286220179
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