Can anyone identify any other firms apart from Funded Trading Plus that has static overall drawdown? FTP looks reasonable apart from the 1:30 leverage. Otherwise appear to have a bit going from them, i.e. no news restrictions etc.
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prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
DislikedCan anyone identify any other firms apart from Funded Trading Plus that has static overall drawdown? FTP looks reasonable apart from the 1:30 leverage. Otherwise appear to have a bit going from them, i.e. no news restrictions etc.Ignored
DislikedI finished my table to have a clear idea and view of all the programs. I added The Prop Trading just in case get better there.... The worse programs: - ThePropTrading for the recent bad reviews - Fidelcrest: MT4 only and 10% phase 1 and even 2 to pass. Who can do better: E8 adding soon MT5 (already advertised in their website) FTUK: adding soon MT5 (this weekend they said and also tradingview access) Programs that are however interesting and less people speak of: The5ers, CityTradersImperium, SurgeTrader The best I like: 1. Funded Trading Plus 2....Ignored
DislikedI finished my table to have a clear idea and view of all the programs. I added The Prop Trading just in case get better there.... The worse programs: - ThePropTrading for the recent bad reviews - Fidelcrest: MT4 only and 10% phase 1 and even 2 to pass. Who can do better: E8 adding soon MT5 (already advertised in their website) FTUK: adding soon MT5 (this weekend they said and also tradingview access) Programs that are however interesting and less people speak of: The5ers, CityTradersImperium, SurgeTrader The best I like: 1. Funded Trading Plus 2....Ignored
Disliked{quote} Good 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.Ignored
Disliked{quote} A great job indeed! Another view on the firms we discuss here with all the key parameters summarized in one sheet - thank you! Let me just share a few comments to the table contents: True Forex Funds - you can merge 2x 200k accounts to 400k (max initial balance) - scale up (max AUM) is unlimited E8funding (E8) - you can merge 250k and 50k for example into 300k account (max initial balance) - scale up is up until 1M - every two weeks all generated profit adds to your balance - the scale up of E8 is actually much better than that of ELEV8...Ignored
Disliked{quote} Quality work. There are quite a lot of different props now, but is there any point in even paying attention to others until you have realized your full potential with the best of them? MFF, FTMO, TFF, E8, TFTP. If you are looking for your first prop firm, I would recommend MFF because of the better target/drawdown ratio. TFFs are also interesting because of the 4% second stage. In addition, these firms have a reputation, a high profitshare ratio and fair rules for the trader. Also I want to add an important information about Funded Trading...Ignored
DislikedAn update on my case Some of my buddys went to the TPT discord to question regarding the improper denial of profits relating to never existing rules, and they were instantly banned. An absolutely hilarious way to approach this. I strongly urge the leaders of this forum to black list TPT such that no other people lose their money again.Ignored
Disliked{quote} This is very serious! Even for my google sheets table and file I WANT BAN THEM if they are going out of business or they are so violent banning people. We can't tolerate this. I'm new member, you know who is the moderator and who can help all the group on this. This is a limit from to be a rule because a way to scam trader hard earned profit and also his life, because nobody want and can give for free months of his life in exchange of similar behavious. Please investigate! The Prop Trading Firm is a big issue right now and I noticed that...Ignored
DislikedCan anyone identify any other firms apart from Funded Trading Plus that has static overall drawdown? FTP looks reasonable apart from the 1:30 leverage. Otherwise appear to have a bit going from them, i.e. no news restrictions etc.Ignored
Disliked{quote} A great job indeed! Another view on the firms we discuss here with all the key parameters summarized in one sheet - thank you! Let me just share a few comments to the table contents: True Forex Funds - you can merge 2x 200k accounts to 400k (max initial balance) - scale up (max AUM) is unlimited E8funding (E8) - you can merge 250k and 50k for example into 300k account (max initial balance) - scale up is up until 1M - every two weeks all generated profit adds to your balance - the scale up of E8 is actually much better than that of ELEV8...Ignored
Disliked{quote} Daily drawdown allowed is only 3%? Sorry but that is going to set up traders to fail sooner or laterIgnored
Disliked{quote} Quality work. There are quite a lot of different props now, but is there any point in even paying attention to others until you have realized your full potential with the best of them? MFF, FTMO, TFF, E8, TFTP. If you are looking for your first prop firm, I would recommend MFF because of the better target/drawdown ratio. TFFs are also interesting because of the 4% second stage. In addition, these firms have a reputation, a high profitshare ratio and fair rules for the trader. Also I want to add an important information about Funded Trading...Ignored
Disliked{quote}1. ELEV8 account 16% profit in 30 days, is above the average of for example 10% of some other prop.{image}Ignored
Disliked{quote}2 E8 account: I missed out this scaling, and I will add now soon in my google sheet If I understood correctly: if I have a 250K account, and I make 10% profit, I make 25K, total balance 275K Now I can decide to withdraw my profits, let's say all 25K (80-20), new balance is 250K Then E8funding raise your initial balance of 10%, so you will continue to take with 275K is this correct? their website is not clear {image}Ignored
Disliked{quote}The other thing with Funded Trading Plus, when you scale, your DD stays the same as well....pass a 100K, have 10K DD, scale to 200K, you stay at 10K DD. I trade all of these firms based on DD allowed, so what is the point of scaling there, now instead of 10%DD you're at 5% DD???????WTF Football time.......Ignored
DislikedAnyone tried FPF? https://forexpropfirm.com/program Evaluations are quite cheap and there are payout proofs - I think There is no daily drawdown limit only 12% max DD limit Only downside is stop loss rule and only 1:10 leverageIgnored
DislikedCan anyone identify any other firms apart from Funded Trading Plus that has static overall drawdown? FTP looks reasonable apart from the 1:30 leverage. Otherwise appear to have a bit going from them, i.e. no news restrictions etc.Ignored
DislikedI forgot about the most important benefit of FT+ which is the daily DD removal As soon as you reach the 110k account balance from the above scenario, not only your total DD gets fixed at 100k level but your daily DD limit can be removed completely! (upon request) From that very moment on you trade with only one limit - the total DD. Technically, you can use 99% of your total DD buffer during one single day and you're still allowed to keep trading...Ignored
Disliked{quote} Yes it is way above average. It is much faster but much riskier as well. Here you have to earn 16% in 30 days vs. others asking for about 10% but in 3-4 months so in average it is only about 2.5% in 30 days. So in order to scale the ELEV8 account at all you must generate nearly 7 times higher profit in 30 days than with other companies. I think they want traders to fall for the illusion of a very fast scale up whereas their own other account type (E8) let you scale up in almost the same pace. You start with 2.5x higher balance for just a...Ignored