Prop Firm Hub 2.0 | Page 27 | Forex Factory

Options

Go to
Permalinks
Print Thread

Featured US Prop Firms

Similar Threads

Prop Firm Hub 51,743 replies

Anyone trading with a Prop firm 31 replies

ERP Prop Firm Journey 4 replies

Prop Firm Hub POLL 43 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub 2.0
Exit Attachments

Prop Firm Hub 2.0

  • #521
  • Edited 2:33pm Aug 9, 2025 1:17pm | Edited 2:33pm
Quoting 1odi
{quote} negative RR, looks like most of the traders pulling nice payouts use a negative RR
mine rr is negative as well. my initial tp is 200$ and sl is 300$ with one mini. This works for anyone who have higher win percentage and i can confirm that if i keep 1:1 rr then win percentage will be lower i mean some times you just need some extra room…
Extreme gut feeling trader
  • #522
  • Edited Aug 10, 2025 4:36am Aug 9, 2025 5:38pm | Edited Aug 10, 2025 4:36am
Myforexfunds situation :

Attached Image (click to enlarge)
Click to Enlarge Name: IMG_3395.jpeg Size: 616 KB


https://x.com/PropJoshD/status/1954105951515988230
  • #523
  • Aug 10, 2025 9:57am Aug 10, 2025 9:57am
Hello. I've just been looking into possible alternatives to FTMO, which only offers CFDs, in case I were to try futures. Regarding Apex, I was particularly struck by the extremely long list of "consistency rules." Here's an excerpt from two passages that I find particularly curious.

Quote
Apex has the authority to request a detailed account of the trading strategy or system used and to review marked-up charts of trades chosen by Apex as evidence of consistent adherence to trading rules. Apex reserves the right to request a live Zoom session to observe and confirm compliance in a trading session.

Apex has the option to ask for recordings of trading sessions demonstrating and explaining entries. Through these recorded sessions, Apex will review your trading system to assess your trading consistency and adherence to...

What's the point of this? Is this a joke, or do they really require you to have video calls with them? I value my privacy and time and wouldn't have any patience for that at all. Is this the case with all futures prop trading firms? They also don't seem to allow any automated trading approaches.

What is the best possible/reliable futures remote prop trading provider currently that would also allow automated trading systems, Topstep? Do they also have such dubious, ridiculous rules alongside risk management rules?
  • #524
  • Aug 10, 2025 10:10am Aug 10, 2025 10:10am
Quoting pipmaster77
{quote} Great info and yes intraday trading futures, a majority go heavy looking for a small move and are willing to let a loser run longer than it normally should. Indices and gold are volitile, hard to be precise. Although we see that's how the top traders are doing it, it is also the reason 95-98% never get to a payout. Persoanlly, I trade small, so I can scale in and out, it's why I would never use a firm where I cannot DCA. Evals are different, but once funded, or as I do in my Tradeify STF, I treat max loss as if it was a personal account...
That's one major key to success in prop firm trading , but many miss this obvious fact.
every Saint has a past. Every Sinner has a Future
  • #525
  • Aug 10, 2025 10:19am Aug 10, 2025 10:19am
Quoting Noisy
Hello. I've just been looking into possible alternatives to FTMO, which only offers CFDs, in case I were to try futures. Regarding Apex, I was particularly struck by the extremely long list of "consistency rules." Here's an excerpt from two passages that I find particularly curious. {quote} What's the point of this? Is this a joke, or do they really require you to have video calls with them? I value my privacy and time and wouldn't have any patience for that at all. Is this the case with all futures prop trading firms? They also don't seem to allow...
APEX is death. Apex owes me 5 figures in payouts, but they were denied and my accounts closed.

TradeDay is my #1 as it is the only firm that treats your live account as a scalable enterprise, i.e. as your equity increases, they automatically increase you max trade size. No one else does that as a matter of course as far as I know.

Topstep would be my second choice.

If I can't understand the eval rules and payout rules on a quick once through read, then that firm is not for me.

In my opinion, the TradeDay $50K account for $99 per month with NO activation fee (for now) is top tier. The lone drawback is that they require 7 days of trading to pass, whereas Topstep you can pass in as little as two days. But why hurry? If you pass your eval in 2 days that means you are likely to blow your funded account in 1.

Otherwise, TradeDay's pass/fail parameters are the same as Topstep: $3K profit target/$2K max drawdown. If you do sign up with TradeDay make sure you select End of Day and not intraday drawdown. It is to my unending disappointment that Tradeday added an Apex like intraday drawdown, but they need to make money too. And don't be fooled, the majority of prop firms, even the good ones, make most of their profits NOT from live funded traders, but by churning and burning the dreams of the many. I know a guy who spent over $20K last year for prop evaluations and has yet to take a single payout. It can be a gambling addiction just like poker, the horses, and sports betting.
Life itself is a privilege, but to live life to the fullest is a choice
  • #526
  • Aug 10, 2025 11:03am Aug 10, 2025 11:03am
Quoting vidvad
APEX is death. Apex owes me 5 figures in payouts, but they were denied and my accounts closed.

TradeDay is my #1 as it is the only firm that treats your live account as a scalable enterprise, i.e. as your equity increases, they automatically increase you max trade size. No one else does that as a matter of course as far as I know.

Topstep would be my second choice.

Exactly what other people I trust have also been telling me. Thanks for confirming it all, vidvad.
Amelia
  • #527
  • Aug 10, 2025 11:10am Aug 10, 2025 11:10am
Quoting vidvad
{quote} APEX is death. Apex owes me 5 figures in payouts, but they were denied and my accounts closed. TradeDay is my #1 as it is the only firm that treats your live account as a scalable enterprise, i.e. as your equity increases, they automatically increase you max trade size. No one else does that as a matter of course as far as I know. Topstep would be my second choice. If I can't understand the eval rules and payout rules on a quick once through read, then that firm is not for me. In my opinion, the TradeDay $50K account for $99 per month with...
First of all, everyone please extend a warm welcome to vidvad. I personally invited him and feel he will provide invaluable info.
Yes, I agree, Tradeday, which I have avoided in the past, has made my list since they now offer multiple accounts.
Currently, have my 3 Darwinex, 1 Tradeify STP (soon to be 5 with upcoming payout), just launched a TPT 25K Thursday and Tradeday will be my next eval(s).
Other than my Tradeify STFs, I will be gravitating towards firms with no consistency or max payout restrictions and withdrawal when you want, even daily, policy. I do not mind of the consistency in the eval.
As vidvad stated, the ability to scale and trade larger is a pretty huge thing. I know what he is attempting within 12-18 months there and invite him to share if he so chooses.
  • #528
  • Aug 10, 2025 11:36am Aug 10, 2025 11:36am
Quoting vidvad
APEX is death. Apex owes me 5 figures in payouts, but they were denied and my accounts closed...
They don't make a good impression on me either. I haven't heard of TradeDay yet. I'll check it out, thanks.

What puts me off most about futures prop trading firms so far are the recurring fees. However, I understand that these firms have higher expenses, since you have to pay for data, platforms, etc. when trading futures. Many even seem to charge an additional activation fee.

Regarding the minimum number of trading days you have to trade, that's not a problem for me. It's better to progress slowly and steadily than to rush things. I recently tried a challenge with FTMO, which I almost passed, but due to a stupid mistake with a trade I held overnight and also overleveraged, the maximum daily drawdown was exceeded. Otherwise i was trading 32 days at time of the violation and had made a +8.7% profit while my max. drawdown was -4.3% (-6.3% because of one stupid trade that exceeded the max. daily drawdown of -5%). What I like about them, however, is that the rules seem very clear, with no restrictions on trading style and no monthly fees. The use of automated trading systems isn't prohibited either. Nor is being short/long with one order, or anything similar, as I've read about with Apex, prohibited.

I understand that these CFD props aren't no more an alternative for US traders. Since I'm not from the US, this doesn't affect me. Of course, I don't know how they otherwise handle profitable traders. I've also heard a lot of negative things about them recently.

It's clear to me that these companies all thrive on losers, and profitable traders only represent a loss for them. I'm also not sure about these "live" futures accounts. Is there any proof/guarantee that you're trading with a real money account if you've completed the evaluations/challenges? So, where can you see that the orders you place actually reach the real market and it's not just a simulated trading?
  • #529
  • Aug 10, 2025 12:55pm Aug 10, 2025 12:55pm
Quickly and karlkraus still around us...
  • #530
  • Aug 10, 2025 1:51pm Aug 10, 2025 1:51pm
Quoting Novazor
Quickly and karlkraus still around us...
yep
  • #531
  • Aug 10, 2025 2:00pm Aug 10, 2025 2:00pm
Quoting pipmaster77
First of all, everyone please extend a warm welcome to vidvad. I personally invited him and feel he will provide invaluable info.
Thank you for that.

And (belatedly) for starting the thread, too!


Quoting Noisy
Is there any proof/guarantee that you're trading with a real money account if you've completed the evaluations/challenges? So, where can you see that the orders you place actually reach the real market and it's not just a simulated trading?

Yes, you just briefly enter a buy-stop/sell-stop order far from the current price and watch it show up on the CME’s depth-of-market live feed. Either you’re funded or you’re not. It’s not something anyone can fool you about, surely?

I think even the futures ones still make almost all their income from the recurring fees of people constantly taking and failing and renewing evaluations, though?
Amelia
  • #532
  • Aug 10, 2025 2:20pm Aug 10, 2025 2:20pm
Quoting Amelia-A
{quote} Exactly what other people I trust have also been telling me. Thanks for confirming it all, vidvad.
And I do not "dollar cost average." I never got an answer as to why my payouts were denied other than I somehow violated their 5000 line TOS and I "should refer to the TOS to understand the denial and the actions taken by APEX." lol

Imo, averaging down as part of a scalping trading plan is a legitimate strategy if it is part of a planned approach. The reason Apex forbids DCA is because they KNOW it is a legitimate strategy and the last thing they want is consistently profitable traders.
Life itself is a privilege, but to live life to the fullest is a choice
  • #533
  • Aug 10, 2025 2:23pm Aug 10, 2025 2:23pm
Quoting vidvad
{quote} And I do not "dollar cost average." I never got an answer as to why my payouts were denied other than I somehow violated their 5000 line TOS and I "should refer to the TOS to understand the denial and the actions taken by APEX." lol Imo, averaging down as part of a scalping trading plan is a legitimate strategy if it is part of a planned approach. The reason Apex forbids DCA is because they KNOW it is a legitimate strategy and the last thing they want is consistently profitable traders.
I agree....I DCA often, as part of pre-determined risk. I discontinued using APEX due to this. I will not use a firm that does not allow it. You are correct, they forbid it because they know it works.
Monty had payouts denied because he was stopped out on trades he moved to BE (not APEX). I mean how much more risk-adverse can you get other than a risk free trade? I believe they called it micro scalping.
  • #534
  • Aug 10, 2025 2:25pm Aug 10, 2025 2:25pm
Quoting Novazor
Quickly and karlkraus still around us...
Are you insinuating Qucikly and Karl are here under different user names?
  • #535
  • Aug 10, 2025 2:27pm Aug 10, 2025 2:27pm
Quoting Amelia-A
{quote} Thank you for that. And (belatedly) for starting the thread, too! {quote} Yes, you just briefly enter a buy-stop/sell-stop order far from the current price and watch it show up on the CME’s depth-of-market live feed. Either you’re funded or you’re not. It’s not something anyone can fool you about, surely? I think even the futures ones still make almost all their income from the recurring fees of people constantly taking and failing and renewing evaluations, though?
Yes the game is still the same, failed accounts generating the majority of income. The casino model keeps the degens coming back.

Takeprofit says they throw you on a live account but in reality it’s the same sim you have on eval.

The only one I know is with BluSky and their Rithmic live accounts. You get hooked up with Sweet Futures (FCM) and contact them with any questions, etc.

Honestly one should take 10k profits and open up their own futures account. Plenty of room (margin) to make 1-2k daily just trading 5 micros on MNQ.
Trade with confidence, trade without fear.
  • #536
  • Aug 10, 2025 2:29pm Aug 10, 2025 2:29pm
Quoting Amelia-A
Yes, you just briefly enter a buy-stop/sell-stop order far from the current price and watch it show up on the CME’s depth-of-market live feed. Either you’re funded or you’re not. It’s not something anyone can fool you about, surely? I think even the futures ones still make almost all their income from the recurring fees of people constantly taking and failing and renewing evaluations, though?
Isn't it way too risky for them to give you a real money account to trade with? Let's assume you get a real live account with real money (money the company has to put up for a trader's account). What's to stop a trader from exposing the account to a significant loss with one or two over-leveraged trades with too much risk, or even bringing it down to zero or maybe even negative?

I understand that real prop companies with physical offices have a significantly higher entry barrier for traders and that they know them personally, but giving a real money account to random anonymous traders from the internet who have been consistently successful for maybe 2-3 months (which could be pure luck) somehow doesn't make sense to me.

Sure, they wouldn't have to pay the profitable traders from the fees of the losers, but the risk would still be there that such a trader could incur a significant loss at any time, especially with the leverage and amounts of capital involved?

There was a German CFD remote prop who lost a significant amount of money and had to close doors after they tried provide an environment where they provided real money accounts to traders or mirror their trades to the real market. So why should a future prop trading firm like Topstep do any better with providing real money accounts? To me it sounds insane unless even with traders blowing their real money accounts they would still make big cash out of challenges overall.

Also what about laws/regulation? In Germany, trading with third party’s capital is only legal if the trader has a BaFin license (which is really hard to get for the average retail trader / person). I could imagine in the US it’s no different where they don’t even allow CFDs.
  • #537
  • Aug 10, 2025 2:33pm Aug 10, 2025 2:33pm
Quoting pipmaster77
{quote} Are you insinuating Qucikly and Karl are here under different user names?
yes check amelia and their buddies and the other girls lol...
  • #538
  • Aug 10, 2025 2:36pm Aug 10, 2025 2:36pm
Quoting Novazor
{quote} yes check amelia and their buddies and the other girls lol...
Yep, same clowns.
Trade with confidence, trade without fear.
  • #539
  • Aug 10, 2025 2:47pm Aug 10, 2025 2:47pm
Quoting Novazor
{quote} yes check amelia and their buddies and the other girls lol...
Perhaps Amelia. Not sure.
Vidvad is a legitimate trader.
I will let all know right now, the BS about "prove it's live", "where does the $$$$ come form?" "how can they afford to do it?" will be pretty much immediately banned.
We are not interested in "jobs" where you go to a trading desk in an office.
This is remote funding opportunities....as long as the money going into YOUR bank account is real, I really can give two shits where it came from.
Do we want to trade with the legitimate firms? Of course, I state that over and over. That is the purpose of the thread, share good experiences and expose the scams.
We all know the model, we all know most of the revenue comes from failed fees.
We accept this, simply because if you are profitable, you will scale 10-15x quicker than a personal account.
  • #540
  • Aug 10, 2025 2:50pm Aug 10, 2025 2:50pm
Quoting Cryptosurf
Honestly one should take 10k profits and open up their own futures account. Plenty of room (margin) to make 1-2k daily just trading 5 micros on MNQ.
Yeah sure…

2k/day on a 10k account = +20% return…

This forum is better than comedy central… Everyone making 1-20% a day with just a little as a 10k account yet nobody can proof it and still writes to a prop trading topic because they are too bored sitting on the yacht and enjoy life.

Can you show me your transparent track record where you made 2k a day for the last 90 days and what the max. risk used to be at any given point of trading that 10k account for 2k profits a day?
11 traders viewing now, 1 is registered:
Spearion