Disliked{quote} With all your negative views, you haven't even finished calibration?Ignored
Featured US Prop Firms
- #893
- Edited 10:46am Aug 21, 2025 10:35am | Edited 10:46am
- Joined May 2017 | Status: Intermediate Trader | 6,412 Posts
Extreme gut feeling trader
{quote} I do. Got 2 payouts already from accounts funded on 31st July. Terms are very good, I think. I use their 50k account with the 1-step eval. They didn't have the zero at the time, IINM. 1. Target is 2.5k with a 2k drawdown. 2. Payout is 60% of profit as long as you have 2k left after withdrawing 60% i.e. to withdraw max 5k, you need 5000/0.6=8333 in profit. After you withdraw 5k, you still have 3333, which satisfies the 2k requirement. 3. Payout takes about 10-12 hours to be approved from my experience so far. However, I was asked to show...
{quote} I do. Got 2 payouts already from accounts funded on 31st July. Terms are very good, I think. I use their 50k account with the 1-step eval. They didn't have the zero at the time, IINM. 1. Target is 2.5k with a 2k drawdown. 2. Payout is 60% of profit as long as you have 2k left after withdrawing 60% i.e. to withdraw max 5k, you need 5000/0.6=8333 in profit. After you withdraw 5k, you still have 3333, which satisfies the 2k requirement. 3. Payout takes about 10-12 hours to be approved from my experience so far. However, I was asked to show...
You pay a recurrent monthly fee / one-time fee but are forced to make a very high return (under their rules, consistency, drawdown etc etc.) before ever seeing any money in your bank account.
You should be allowed to withdraw any amount/profit you wish without having to make what ever absurd profit target first. I mean, wtf…
- #897
- Aug 21, 2025 12:00pm Aug 21, 2025 12:00pm
- Joined May 2016 | Status: Trader | 6,304 Posts
{quote} So with your 50k account you first need to make $8333 in profits to be allowed to take out 5k? That‘s a +16.6% profit that you would have to achieve. Most probably will never reach it and lose the account way before. Doesn’t sound like a fair/good deal to me. You pay a recurrent monthly fee / one-time fee but are forced to make a very high return (under their rules, consistency, drawdown etc etc.) before ever seeing any money in your bank account.
If you wish to withdrawal immediatley you could just deposit 6K into a personal account and have the 6K max loss.
The firms are not in business to just give away money.
- #900
- Edited 12:36pm Aug 21, 2025 12:20pm | Edited 12:36pm
{quote} Your simply trading time for money. Instead of paying $6k for 6K, you pay $600. Once you pass, you have 10x ROI
The potential ROI and larger profits the larger account offers is totally irrelevant if you don’t even have a realistic chance to get paid out your initial investment because of some ridiculous minimum profit targets under their own rules.
I better fund my own 100k account and trade/withdraw what ever I want instead of paying $600 dollars with a 99% chance to never ever see again?
Edit: I see, the Pro account has a drawdown limit of $6000 and there you pay a recurrently $200/month. So if you need 3 months to pass you could have also paid $600 one-time. Pro even has a 40% consistency rule (what ever the crap that means - will have to read again) and also a max. 5k payout cap + probably the mentioned min. profit targets of 5 days a $200 and 40% of your profits have to stay in the account if you want to make a withdrawal.