The trailing (relative) drawdown is actually not bad because it doesn't trail infinitely. As soon as you reach 10% profit it stops and the additional profit you make adds to the drawdown buffer. They also measure the DD from the balance, not equity ...

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Yes, exactly. When you put 50% aside you get to even higher balance in the bank with your own account than with the prop as (MFF) does not double the account with every step, they alternate between 2x and 1.5x which makes their score <1 in result

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As far as I understand it, you have a mistake in your prop assumptions/calculations. On the 2000 prop account where you risk 200 you need to gain 400 (instead of only 200) in order to double your balance. From that 400 you usually get 50%, i.e. 200. ...

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What I dislike is their consistency rule (they call it "No manipulation" rule) which basically means your lot sizes have to stay within a range of 1-5x. Whenever you open a trade which is either more than 5x bigger than the smallest one so far, of ...

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Checked telegram for their name and found only complains and warnings that they are scam. No payouts, eg. here: url

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Their offer seems really unbelievable. IC Markets as their broker and support of cTrader combined with low price, best conditions, and largest account size? Pffffffff..... can't really believe that. I guess i just throw them my money to see for ...

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I'm not sure about SL/TP. Whenever I see account termination without DD violation, just because of the news-related trading or number of trades or whatever else i usually go away without studying more details

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I can confirm TFF and E8. My second option would be E8 but TFF is very close. It's just my personal preference. As for the other names Funded Next - I also used to like it until I discovered they would terminate your account immediately if you (even ...

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I doubt anyone from here would trade with them as the score <1 means that trading the challenge fee on your own account brings you higher profit

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'9Z9NUJ3K' for 5% discount

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Thanks for the explanation. Seems reasonable. I'm not concerned about their price feed, my trading style is not affected, and SL hunting would be the lest probable technique I would expect anyways. I just want to understand as some actions they do ...

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One more comment on this - let's not forget their business model is based on failing traders. They vitally need a lots of traders failing otherwise their business collapses. That's a fact, no conspiracy.

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I agree the top prop firms are different level, be it FTMO or MFF or maybe a few others, I don't believe they would do any cheating to make their traders lose. But TFF, for example - I'm not quite sure. I've been with them since they were still ...

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I never understood why the prop firms were all so keen on doing that extra work on building their own servers only to provide (mostly) a worse service. I thought it was mainly that their brokers were unwilling to continue providing the service as ...

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That would explain why it is so difficult for cTrader to get bigger market share. Except for being more expensive it would also eliminate all of this cheating. I'm surprised there are any brokers who offer it at all. I knew there were some ...

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What I meant was than none of the retail brokers would actually be prime brokers who trade directly on the FX market. They have connection to prime brokers so their access is not direct but via those PBs. Or am I mistaken? And yes, retail would not ...

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STP or ECN or whatever, what we mostly trade is cfd anyways, not the FX. No retail trader and no retail broker has direct access to the FX market. We trade against each other or against the broker (b-book). The broker then may (but doesn't have to) ...

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All that you mentioned are exactly the reasons why brokers (used to) love it and make the whole generation of retail traders learn it and use. Nowadays they keep using it as that's what majority of retail customers know and expect to get regardless ...

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Yes, I think it's very good for charting and backtesting but afaik, you have to pay for the price quotes, right? Only daily is free, anything else needs subscription? And most cfd brokers that I know (incl. the prop firms) do not support it so you ...

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That's really interesting. Most people I know who started with MT4 and then discovered cTrader - they never come back. I agree MT4 is quite simple in a sense, when you know how to use it. It just works and it does correctly what it's supposed to do. ...

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