Uncontrolled problems in 8cap may cause heavy losses in props. That's why I think TFT is moving on. Otherwise they are reliable for losses caused by a third part, which is not their responsability. I think that any prop already with decent business ...

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Apparently TFT wants to move to their own broker image

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Are the spreads and trading costs the same ? I'm asking this wondering why would someone chose CFDs, paying taxes, instead of spread betting.

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Are they US based ?

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FCFF (First Class Forex Funds) will go on their scam on their own server image

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A warning about TFF payouts via crypto (ESDT). For a 2K to 3K payout they will deduct you between 55 and 65 USDT for fee. What happens in reality, looking at the blockchain, if that they process a USDT transfer for a dozen traders simultaneously and ...

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The thing is that showing someone that made 40 or 50% in one month is passing the wrong message, specially without detailing stats. We all know that 50% a month is unsustainable and either it was a one off (a very good swing trade with good risk, ...

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Anybody with some experience knows that most of those guys won't be in the list of the next month payouts because the risk of ruin on those numbers is basically 1.

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Saw this in the prop group. Not sure if it's legitim. image Edit: apparently seems legit image

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Are you referring to indexes or forex ? On forex they're not cheap but we can work with it. EURUSD spread is around 0.5 to 0.7, execution is 0.2 to 0.3 in low lots and cost is 0.005% over the USD amount (so aprox 5.3 per lot, round turn). Not the ...

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Good luck! I looked into it when they launched but the max loss is a trailing one so I gave up.

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I think trailing is very penalizing in a funded after a withdraw. In a normal (non trailing) prop 100K, with 6% max loss if you make 6K you can withdraw 6K and start new cycle with 100K (and max loss is 94K). In FT+ if you make the same 6K and ...

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If I remember well FT+ has a trailing max loss, right ? This is something I don't like.

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MFF and FTMO (despite these late news about FTMO payout refusals). TFT is borderline (I hope their last bad reviews are from guys caught in the group trading). On the other side, Angelo (CEO) is quite an arrogant guy and I think the TFT structure ...

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Not speaking specifically about 5ers but I think reputation in this shady industry is a broad concept In the prop world I would qualify someone as decent if: 1. They are around for a long time 2. Trust pilot is decent, without too many ...

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About the SL and so, this is the key phrase: "...although not required for every position..." How much enough is enough ? I just don't like arbitrary things that I can't control. The one you point out about inconsistency is even worse.

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Several things I'm not fond of: This can leave some arbitrary decisions This can be bad for swing traders with RR of 3, for example Apparently SL and TP are not allowed too I could not find information about this. If that's only with the first ...

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probably went bust url It was only 1K from max loss, I think

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Big Pips is owned by some of the guys running that Propfirm Telegram group. This was said there several times.

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That's ridiculous, 800K challenges. Even before they had an absurd max capital. We see established companies capping initial max capital to 600K (MFF or TFT) or 400K (TFF), which means they don't want to go over a certain risk, and then new guys in ...

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