Prop Firm Hub 2.0

Quoting Expo33

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{quote} Filed for a foreign LLC on Sept 9th with an address in New York. Trust Pilot 5 star reviews magically start flowing in around the same time https://www.bizprofile.net/ny/albany...ce=chatgpt.com

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Quoting procrude

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{quote} Yea.... Delaware corp... I will stay away for now. When owner's are hiding... its not good. I will wait and keep them in my radar. {image}

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Quoting montygoldy

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{quote} Actually owner not hiding he interviewed on one of the youtube streamers.... Secondly as i always says you need to time the new prop firms at the right to pull big profits..... I am not defending them but I always do my own Due deligence...... Right now they are damn hot at paying, i mean literally within 24h.... Obviously it’s not a long term play but surely for short term good for 15k payout with 150kx5 S2f same conditions and pricing as tradeify..... I did the same thing with toponefutures --> timed them at a high time --> got the payout...

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Quoting Noisy

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{quote} Great. And how long have you been working with both companies and how many payouts did you get so far? Maybe you could also tell me what you typical risk on a single order with FTMO because there are many people claiming who got funded with FTMO, that if you risk more than 1% on a trade you will be warned/limited even while the official rules are -5% daily, -10% total.

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Quoting Zuke

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{quote} Ive been with FTMO around 4 and a half years and 5ers a little less than that. I get payouts most months from one or both which range from $1,500 upwards. Largest payout from FTMO was over $30,000 and was paid without any fuss or delay. Largest 5ers payment was over 20k which took slightly longer but again, no issues. As for risk...As I'm funded, I typically risk 0.5% (of virtual funds, so 5% of drawdown) per trade. However for any new challenges, I am more YOLO and risk 1.5% per trade. HTH

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Quoting montygoldy

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{quote} Did these firms forced you for INTERVIEW?

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Quoting Zuke

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{quote} Ive been with FTMO around 4 and a half years and 5ers a little less than that. I get payouts most months from one or both which range from $1,500 upwards. Largest payout from FTMO was over $30,000 and was paid without any fuss or delay. Largest 5ers payment was over 20k which took slightly longer but again, no issues. As for risk...As I'm funded, I typically risk 0.5% (of virtual funds, so 5% of drawdown) per trade. However for any new challenges, I am more YOLO and risk 1.5% per trade. HTH

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Quoting Noisy

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{quote} Thank you and continued success. I think 5ers would also be an option for me, alongside FTMO. I'm not quite sure yet which program would be the right one (Hyper Growth, High Stakes, Bootcamp).

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Quoting pipmaster77

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{quote} High Stakes is the ONLY decent option there. Bootcamp is 3 stage and with hyper-growth you are basically funding your own account as the fee is pretty much in line with the max loss.

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Quoting Noisy

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{quote} I was thinking about the Hyper Growth program because it's only a single evaluation phase, and you'd probably recoup your costs faster that way, even though the initial drawdown for the 10k account (where you start with 5k) is 6%, which is $300. The price is $260. That's $40 less than you'd put into your own account. When you reach the 10% profit target, you're at 10k and can receive payouts on all subsequent profits without any profit targets. So, in principle, it's similar to FTMO, but without the 15% target in two phases. What interests...

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Quoting pipmaster77

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The hyper growth or any other firm offering "instant" funding where max loss is close to the same as the fee are LEGAL SCAMS. In other words, all the risk is on you, your fee covers your initial max loss, then they "scale" you using your own profits, while ripping 50% from you.

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Quoting Noisy

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{quote} So you think the scaling plans, which allow you to build larger capital, don't offer any advantages? Let's take the 10k account in the Hyper Growth program as an example. Yes, you pay a one-time price roughly equivalent to what you could put into your own account, but that's not the reason you're doing it in the first place. The point is to receive as significantly more capital as possible than you could put into your own account and profit from it. They write: "Double your funded account on every target" So if the 10k account increases...

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Quoting 1odi

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do GOAT funded trader pay? i ve never traded with them, and since i wasn t able to buy Lucid, i m looking at their 40% off instant funded and goat funded. what u guys think about?/

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Quoting pipmaster77

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{quote} But they are taking 50% and essentially using your own money to scale you...the 10K account with a $600 max loss is now a 20K with $1,200....your max loss only increased $600 and that is the ONLY number that matters. Now take high stakes using the 100K, you pay $500 (just using round numbers), max loss 10K... Stage 1 you need 80% of the 10K, personal $500 account would be $900 Stage 2 you need 50% of the 10K, $900 would become $1350 Now you are funded with a 10K max loss at 80%, which is equivalent of an 8K personal account, just about 6...

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Quoting Noisy

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{quote} I don't see the scaling plan being funded by the profits you make? If the5ers doubles your account balance every time you make a 10% return, that's still an advantage over trading your own $260 account since the balance wouldn't be doubled every time you achieved a 10% return. As far as I can see, if you make a 9 x 10% (+90%) return with the 10k Hyper Growth account, you would have reached "Funded Trader LV 10" and your balance scaled to $4M. At this level your payout ratio is 100%. You make a further +1% to get a $40,000 payout. I am aware...

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Quoting pipmaster77

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{quote} Have you seriously been doing this for 15 years? Your max loss on a 10K is $600, if they double you, now your max loss is $1200 on a 20K.....MAX LOSS IS THE ONLY NUMBER THAT MATTERS You're not making 10%, you are making 100% of MAX LOSS, so making 9 x 10% is not really 90% it is 900%...this is very basic prop firm math. When you hit your 10% on 10K they pay you 50%, which is $500, the other $500, they are using YOUR OTHER EARNED PROFIT THAT THEY KEPT to increase your max loss by $600, so they are throwing in $100. If your max loss is $600...

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Quoting pipmaster77

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{quote} Have you seriously been doing this for 15 years? Your max loss on a 10K is $600, if they double you, now your max loss is $1200 on a 20K.....MAX LOSS IS THE ONLY NUMBER THAT MATTERS You're not making 10%, you are making 100% of MAX LOSS, so making 9 x 10% is not really 90% it is 900%...this is very basic prop firm math. When you hit your 10% on 10K they pay you 50%, which is $500, the other $500, they are using YOUR OTHER EARNED PROFIT THAT THEY KEPT to increase your max loss by $600, so they are throwing in $100. If your max loss is $600...

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Quoting pipmaster77

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{quote} Have you seriously been doing this for 15 years? Your max loss on a 10K is $600, if they double you, now your max loss is $1200 on a 20K.....MAX LOSS IS THE ONLY NUMBER THAT MATTERS You're not making 10%, you are making 100% of MAX LOSS, so making 9 x 10% is not really 90% it is 900%...this is very basic prop firm math. When you hit your 10% on 10K they pay you 50%, which is $500, the other $500, they are using YOUR OTHER EARNED PROFIT THAT THEY KEPT to increase your max loss by $600, so they are throwing in $100. If your max loss is $600...

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