It's a trap mostly because of it's misleading name. Relative drawdown should not be used to describe the way of measuring it, but rather the way how it is represented. The word relative indicates it is a %age of the account balance (or equity) as ...

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Could anyone run such comparison and share it here? I'm curious to see the results! I can run detail analysis for FTMO but not for MFF as my tool works on cTrader only (surprise! )

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I also remember Czechoslovakia so no offense, I was just kidding. You're right about the price of the smaller accounts. FTMO is expensive there. But I only look at 100k+ where the difference is much smaller. The smaller accounts are not worth it ...

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Couldn't agree more

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Seems to be a very reasonable money management

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Their Faq channels are nicely done, well organized and structured. It's good when you know the selected program and only have some unclarity or specific query. However, you won't find there a simple description of the program and its rules. Such a ...

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Well, this isn't about cTrader. As I said, I even considered them my first choice for some time and quite liked them overall. But I really dislike hidden rules, especially the consistency one. Irrespective of the prop firm. If FTMO ever introduces ...

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Ok, I know they have more different models and thought the info was related to the evaluation. So all good, no consistency on their eval

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I thought they got rid of the silly consistency rules. Does that mean they still have it??? Forcing traders to follow lot or pip based limits has nothing to do with risk management. What's the point of forcing traders to use comparable lot sizes for ...

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cTrader

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I got it from their Discord where many traders used complain about it but you're right its a few months old now. They were pretty restrictive about it in those days. I don't know what exactly their risk management is after nowadays, they may have ...

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let alone the fact they may terminate your account should they detect you use some trading techniques they may dislike (e.g. dollar averaging, hedging, you name it. You never know what's on their radar as it is nowhere documented). FTMO does not ...

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How old are you? "Czechoslovakia" ceased to exist almost 30 years ago, just to put things right As for defending FTMO - I don't care about their origin. What I do care about however, is that MFF does not offer cTrader. For me, that's a ...

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You made a valid point actually. The spread (or rather the total cost, i.e. spread + commissions) is important. But it's not easy to measure it accurately as it changes during the day and even during the week I've developed a bot which takes ...

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It's not the same. Example: 100k actual account balance, one open trade in profit +1.5k which you want to keep open for several days because you see its potential. On the next day, your daily equity limits are as follows: FTMO: account balance - 5% ...

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Why would any successful trader care about the evaluation fee unless its ridiculously high which is not in either case here? It's just a deposit that allows you to trade someone else's capital. As soon as you prove you're able to do it, you get it ...

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10 days, or 5, or even 30 - is nearly irrelevant to successful traders. Other factors are much more important. However, MFF has to attract unsuccessful traders as well in order to maintain the feed of the challenge fees. And those attracted by 5 ...

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30 contracts with the current US30 volatility makes for about 16,000 USD daily move. Even the 5min volatility is up to 2-3,000 USD with 30 contracts. More than enough for intraday scalping with a 200-400k account. How big one you trade?

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1,000 (on cTrader for one open position). I guess you can open multiple positions with MFF, 30 each, to work around the limit?

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Which basically means consistency rule. And that's even worse then zero days. You won't tell apart morons from skilled traders this way

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