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  • #1,301
  • Sep 8, 2025 1:11am Sep 8, 2025 1:11am
Quoting OutThere
{quote} They suck. They are quite restrictive. FTMO is a much superior prop firm. What is the stop-loss rule for The5ers? A stop-loss is mandatory for all positions and orders and must be set within 3 minutes of placement. Stop-loss (SL) is required for all positions and orders. SL must not risk more than 2% of the account balance per position. 3% daily pause ("soft breach") applies during the funded stage.
I don't know how good or bad they are and stop loss rule etc. The points I took out of the conversation I have answered to Monty above. My post was certainly not to endorse them.
  • #1,302
  • Sep 8, 2025 1:19am Sep 8, 2025 1:19am
Quoting FX-DON
{quote} I don't know how good or bad they are and stop loss rule etc. The points I took out of the conversation I have answered to Monty above. My post was certainly not to endorse them.
Understood. Thanks.
  • #1,303
  • Sep 8, 2025 1:22am Sep 8, 2025 1:22am
Quoting FX-DON
{quote} Yes agreed. I have heard this same mantra for so long and then the CEO says he is scalper. I never listen to all the stats BS, always thought of it as poison chalice that plants a subliminal seed. I'm not sure but I never hear about the amount that try but fail to make it as a neuro surgeon. For me what was more interesting, that this guy and possibly others with the top market share are actively pushing for this particular sector to be regulated. Again is it for our benefit or to narrow the field of options available...
The CEO says he is scalper but doesn't say if he trades for himself under the exact rules of his firm that (may) cause scalpers to fail. You can never trust these guys.
  • #1,304
  • Edited 1:42am Sep 8, 2025 1:27am | Edited 1:42am
Quoting OutThere
{quote} The CEO says he is scalper but doesn't say if he trades for himself under the exact rules of his firm that (may) cause scalpers to fail. You can never trust these guys.
Yes exactly, none of these guys can be trusted to take what they say at face value. There is generally always an angle to elevate or assist their own position.
  • #1,305
  • Sep 8, 2025 2:07am Sep 8, 2025 2:07am
Quoting OutThere
{quote} I see. Thanks. I donno, one one hand they say your trading style is up to you and on the other hand they closely monitor your trading style and send you emails like you posted, Navk is right...why bother with these props? Axi Select is then the gold standard of all. No interference or nasty emails from them no matter what I do as long as I don't breach the 10% DD Maybe I should scrap FTMO from my plans.
I think you should be ok as long as you don't use too big lots hoping for a quick profit. Maybe run a few firms and use low risk?
  • #1,306
  • Sep 8, 2025 2:46am Sep 8, 2025 2:46am
Quoting maltrader
{quote} I think you should be ok as long as you don't use too big lots hoping for a quick profit. Maybe run a few firms and use low risk?
Ya but the issue is paying the entry fee, finding the hidden rules that appear when 'applicable' to your trading and being stuck in an environment that is different than you thought it would be. It's like pay the money and we'll decide to keep it when we find out you didn't comply with our hidden rules.
Besides, it's not easy for me to calculate and plan my supposed SL's under a certain % as deemed and through algo monitored second by second.
I guess your advice is to find a way to live with it cause there is no choice.
Anyway, like I said, at Axi, I don't even have to worry about thinking about any of that...my brain already hurts enough.
So, Axi can do it but FTMO cannot do it. That's how Axi kicks assssssssss. Good to know. Mind you, Axi issues an Edge Score and the broker's 'likes and dislikes' of your trading ways end up being reflected there...buyer beware.
  • #1,307
  • Sep 8, 2025 3:27am Sep 8, 2025 3:27am
MOFO Crosssed apex threshold............

Day 4 recorded.... Need 3 more days of 600$ to get that 40k bagg.......

This is my third try with APEX this year.. Last two tries i messed up at 3100$ drawdown and 3500$ drawdown...... Fumbled big bags


THis time .....

THanks to gold longs... LAst week i mentioned gold broke an imp. daily resistance.... SInce then its
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Extreme gut feeling trader
  • #1,308
  • Sep 8, 2025 3:48am Sep 8, 2025 3:48am
5ers ceo you can tell avoid saying many things on purpose. He is right scalping fails but this is because of market condition not because of the traders and you having to be so sharp and amazing 1 pip of slippage and your strategy can completely lose its ass. He also say he sponsors the spreads showing that they use low spread to attract people but their slippage on cfd is atrocious
  • #1,309
  • Sep 8, 2025 5:03am Sep 8, 2025 5:03am
Hey guys the Prop firm - ' The Funded Trader' has gone silent to me and many others. I do not usually post but I thought I would say something to warn people and to check if you guys have any recommendations about what to do about it. I have resigned myself to the loss as I got to the funded stage and wasted two months of good and disciplined trading on this scam.

Does this happen often?

Is there recourse?

Are there any good protocols to check your not getting scammed before you buy a trail?

any help would be hot - thanks traders
  • #1,310
  • Edited 5:33am Sep 8, 2025 5:13am | Edited 5:33am
Quoting OutThere
Axi Select is then the gold standard of all. No interference or nasty emails from them no matter what
Great concept, except that they exclude EU (and UK, AU, NZ) customers and the only platform is MT4 wtf. Nuts.
Return To Disorder
  • #1,311
  • Sep 8, 2025 6:11am Sep 8, 2025 6:11am
Quoting rockit
{quote} Great concept, except that they exclude EU (and UK, AU, NZ) customers and the only platform is MT4 wtf. Nuts.
Or is it that EU (and UK, AU, NZ) exclude them?
And MT4 isn't known to be the worst platform. Pretty darn good in fact.
  • #1,312
  • Sep 8, 2025 7:02am Sep 8, 2025 7:02am
Begrudgingly I would say MT5 just out-pips (pardon pun) MT4 now .. for EAs anyways. I am running both but the news calendar integration is good in MT5 plus MT5 can handle complex calcs much better. Just a quick note on MT5 and City traders Imperium .. the news calendar didnt completely load last week and NFP was not showing! I had to restart the instance and it loaded - otherwise I had two positions open heading into NFP and my EA would not have shut down the open positions - none of my other MT5 instances had this problem - conspiracy: does city do this on purpose so the blow out of spreads at the time of the news kills your account??? Coding in MT4 is way simpler - I held out converting to MT5 for so long.
  • #1,313
  • Sep 8, 2025 7:08am Sep 8, 2025 7:08am
Quoting pitboyroy
Hey guys the Prop firm - ' The Funded Trader' has gone silent to me and many others. I do not usually post but I thought I would say something to warn people and to check if you guys have any recommendations about what to do about it. I have resigned myself to the loss as I got to the funded stage and wasted two months of good and disciplined trading on this scam. Does this happen often? Is there recourse? Are there any good protocols to check your not getting scammed before you buy a trail? any help would be hot - thanks traders
Who is still buying from TFT in 2025 and has no idea of their history?
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  • #1,314
  • Sep 8, 2025 7:28am Sep 8, 2025 7:28am
Quoting pitboyroy
Hey guys the Prop firm - ' The Funded Trader' has gone silent to me and many others. I do not usually post but I thought I would say something to warn people and to check if you guys have any recommendations about what to do about it. I have resigned myself to the loss as I got to the funded stage and wasted two months of good and disciplined trading on this scam. Does this happen often? Is there recourse? Are there any good protocols to check your not getting scammed before you buy a trail? any help would be hot - thanks traders
Report to regulator in the US and italy.
  • #1,315
  • Sep 8, 2025 7:40am Sep 8, 2025 7:40am
Quoting montygoldy
MOFO Crosssed apex threshold............ Day 4 recorded.... Need 3 more days of 600$ to get that 40k bagg....... This is my third try with APEX this year.. Last two tries i messed up at 3100$ drawdown and 3500$ drawdown...... Fumbled big bags THis time ..... THanks to gold longs... LAst...
Hi Monty, have you been recording your trades? As we all know sometimes Apex can ask for recordings / strategy ect. I hope you get a payout this time ! $40K would be awesome bro !
Drawdown is more important than Account Size !
  • #1,316
  • Sep 8, 2025 8:48am Sep 8, 2025 8:48am
Quoting procrude
{quote} Hi Monty, have you been recording your trades? As we all know sometimes Apex can ask for recordings / strategy ect. I hope you get a payout this time ! $40K would be awesome bro !
nope no recordings… last 20 pa’s they asked screenshots i did it .. this time no email for asking for it…
Extreme gut feeling trader
  • #1,317
  • Sep 8, 2025 10:56am Sep 8, 2025 10:56am
NEW changes for tradeify coming......
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Extreme gut feeling trader
  • #1,318
  • Sep 8, 2025 11:49am Sep 8, 2025 11:49am
Quoting montygoldy
MOFO Crosssed apex threshold............ Day 4 recorded.... Need 3 more days of 600$ to get that 40k bagg....... This is my third try with APEX this year.. Last two tries i messed up at 3100$ drawdown and 3500$ drawdown...... Fumbled big bags THis time ..... THanks to gold longs... LAst...
Wow! congrats!! 40k = 20 accs x 2k profit?
keep going with this streak!
...I Bet You Ain't Never Seen A Donkey Fly!
  • #1,319
  • Sep 8, 2025 11:51am Sep 8, 2025 11:51am
Quoting dilidanjaro
{quote} Wow! congrats!! 40k = 20 accs x 2k profit? keep going with this streak!
yep...need to get to 4200$ balance to get 20x2k.........

Aiming for 600 for next 3 days to get there...

I can easily pull anything above 2100$ drawdown but MY RULE IS ALWAYS GO FOR THE MAX PAYOUT ONLY
Extreme gut feeling trader
  • #1,320
  • Sep 8, 2025 2:52pm Sep 8, 2025 2:52pm
BREAKING


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