But why give up 50% for something I can simply do on my own? Actually, I can trade slightly larger sizes by putting the "fee" in a personal account.

Prop Firm Hub

But if they do that, they would actually have something at risk. The way the model is now, as you know, fee you pay is greater than amount you can lose. There is no benefit to the trader vs. putting the fee in a personal account. As their model ...

Prop Firm Hub

Only way to see for yourself is buy a 5%ers eval, put the fee in a personal account and trade them side by side, exactly the same. It's the only way to truly grasp what we are explaining. If you have $400 DD with the 5%ers and the $450 fee in a ...

The5ers - Trading & Growth Program

OutThere is absolutely correct. I'll use the 10K eval model, but the math works with any of them. Simply put, if your "fee" is larger than the DD they are allowing, your personal account will exceed the "scaling" program by Level 3. Using a risk of ...

The5ers - Trading & Growth Program

I have 10,000 max daily DD with FTMO, my R per trade is 1,000, my rule is 3x R and I am done for the day. However, if a trade is going against me, I never let it run all the way to the stop, I get out and look for a better entry or move on to ...

Prop Firm Hub

I use another broker for charting and technical analysis. Simple solution.

Prop Firm Hub

I really only intended to use these firms until my personal account is large enough where the monthly profits meet my monetary goals. Unfortunately, that will take 300-400K. If/when I get there, the dilemma becomes why would I want to park that ...

Prop Firm Hub

I agree. I believe FTMO executes "some" trades as well. I believe they have developed a revenue/risk model that involves challenge fees, profit from "some" traders, maybe some cash back rebates. I watch my trades with them come within .001 of my ...

Prop Firm Hub

Was thinking the same thing. For me, there are still only two and I'm watching MFF closely (eval model only). I already made it clear, any offer where the fee is larger than the DD offered, you are better off putting the fee in a personal account as ...

Prop Firm Hub

Trust me, I did it. I've passed 2 FTMO challenges with 10K in DD for $640, but failed miserably in the 5%ers eval. You pay $450 for a "10,000" account, your DD is $400. You have to size your positions to reflect the $400 max loss, in your personal ...

FTMO - For serious traders

They hit the target and kept trading. This is the second time I've seen this. I don't get it at all.

FTMO - For serious traders

Yes, you understood me correctly. Was just making the point, with some general off the cuff numbers. Point being if you set up a business to trade money that is not your own, the challenge fees are simply a business expense to get you where you are ...

FTMO - For serious traders

If the fee is larger than the initial DD offered, put it in a personal account and by stage 3 of their "scaling" plan, your personal account is larger. They are essentially having you fund your own account and taking 50% for that privilege they are ...

FTMO - For serious traders

Yes, I would absolutely run this alongside a personal account and simply copy trade due to the time required. I know there are better options than FTMO. In the US, FTMO is my best option.

Prop Firm Hub

Wasn't comparing gains, just the split, 20% vs 70%, you need an account 3.5 times the size of FTMO to earn the same, regardless of the actually profit %.

Prop Firm Hub

Yes, 19% is what they earned, profit share is 20%. The 5.2 million guy...you would need 1.4 million with FTMO to be equal. Not sure if that is their top account, but you basically need to manage 1.4 million with them to earn the same as 400K with ...

Prop Firm Hub

He wants to invest his money with them and earn a 20% passive income. He wants to be a part of the capital they are trading.

Prop Firm Hub

Can't do it Paul. The regulations you have been vocalizing as so wonderful for us here in the USA won't allow me to. But the good news is, I made another 0.86% today, so that's 1.86% in two days. Not sure if I should shut 'er down or try to squeeze ...

Prop Firm Hub

I believe it is because we trade on a demo account with FTMO, it allows them to accept traders globally.

Prop Firm Hub

lol, no sir, we do not. I have Oanda, Forex.com, IG......hell of a selection. Of course, we have 6-7 unregulated, offshore brokers. They actually offer far superior trading conditions than the garbage "regulated" brokers.

Prop Firm Hub