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Capablanca replied Nov 3, 2022They say in FAQs: Who is our Partner? We are proudly partnered with EightCap Global Ltd. Does this reduce the chance of being a scam or it doesn't have anything to do with that ?
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Capablanca replied Nov 3, 2022Yep, those procedures show how that is part of the metrics of the business. They don't lack people or resources to do things. It's part of their model to: - Issue accounts on Sunday - that's pre programmed and sent automatically. Could be on ...
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Capablanca replied Nov 3, 2022Finotive Funding in 7 days but I don't recommend them. Of the normal ones, E8 is the faster (8 days)
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Capablanca replied Nov 3, 2022I would say these are the main reasons to be in the radar: - Use of EA/copiers - Huge volume like hundreds of lots and tiny profit per lot - Scalping with hundreds of trades per day or in a short period of time - News trading with big profits - ...
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Capablanca replied Nov 3, 2022Even on a crook book I think that would be reason for "only" correcting trades but not ban a trader, IMO. He did nothing wrong. I was more interested in reasons for banning them for life.
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Capablanca replied Nov 2, 2022Do you know what reasons do they use to ban traders ? It's good to know.
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Capablanca replied Nov 2, 2022TFT sucks on payments. Old accounts have 3 business days for payout. And during that period account is inactive, so we can't trade. New funded accounts seem to be 2 business days. Anyway it's still too much for an "improvement". TFF is a little ...
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Capablanca replied Nov 2, 2022And have to have stop losses in all positions. They say that here and there you may miss it and they will let it pass, but you're on their hands with too much arbitrary decisions.
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Capablanca replied Nov 2, 2022That's not as good as it seems. First: Source: url Let's focus on what you highlight of 200K. With 200K you have a DD of 20K. With 340K you have a DD of 34K To go from 200K to 340K you have to make 8% profit, which is 16K, and you fully forfeit ...
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Capablanca replied Nov 2, 2022So, in your example the account increased 1.25x from 250K to 320K but DD increased 2.24x from 20K to 44.8K That's pretty good. I hadn't realized that. Only had a tiny payout with them, so far.
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Capablanca replied Nov 1, 2022Yep, I've been seeing it for a while. Not with 4.5 but yes with 5 lots.
FTMO - For serious traders
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Capablanca replied Oct 31, 2022No point in doing a fast payout if they keep the account suspended, preventing trader from trading, which is what we are there to do. I prefer the other way around: allow us to go on trading, even if the payout takes a bit longer.
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Capablanca replied Oct 31, 2022Quick question: I have not received any payout since TFF changed the payout system a couple of weeks ago. Before we had to request by email. How's that now ? Is that something automatic in the dashboard ? Any bottom that is made available on the ...
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Capablanca replied Oct 31, 2022Commissions forex: (round trip) MFF: 3 USD per lot TFT: 5 USD per lot TFF: 7 USD per lot E8: 0.005% over the USD value of the trade NEXT: 3 USD per lot TPT: no commission
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Capablanca replied Oct 30, 2022Good work compiling info. You will probably want a flag in the map to show if the max loss is trailing or static. SurgeTrader for example is trailing max loss.
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Capablanca replied Oct 29, 2022I can understand that. I don't like it either. But at least is a very transparent rule. It's in their Rules in the site. You can trade during the news without restrictions in the evaluation model's assessment phases (phases 1 and 2). But once you ...
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Capablanca replied Oct 29, 2022If you receive crypto directly in your address the prop firms may deduct something for gas fees. In my experience TFT deducts about 1 USD, TPT deducts 4.5 USD and MFF deducted something but I don't know how because I received in BTC. But was ...
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Capablanca replied Oct 29, 2022MFF they also support crypto, it's stated in the site. url I already received through them in BTC and USDC. You can also chose LTC and ETH. And yes, it's direct payment. You provide your crypto address and you get paid. (I chose always crypto when ...
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Capablanca replied Oct 28, 2022MFF also has crypto payout option. The Prop Trading also pays in crypto but that's the firm we've been talking about in the last couple of pages. I would avoid them.
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Capablanca replied Oct 28, 2022And, on the top of that, I don't about indexes, but slippage in forex is the worse I experience in the props I use. Even for 2 or 3 lots, EURUSD, out of news, they always eat something in slippage.
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