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Prop Firm Hub

  • #1,441
  • Jun 6, 2021 6:44pm Jun 6, 2021 6:44pm
Quoting nart78
LuxTrading Firm...........300 pounds for 100K acc......with the same : no time limits. But only 2 stages ( 6% of profit target each ) without 400 pips additional condition at 5%ers and 3 stages ( 10% of profit target each).
Big difference.....LUX you pay upfront. I know I sound like a fucking parrot.....but if the fee is equal to or greater than the DD offered, that fee will perform better in your personal account and you split with nobody. Lux tricks you with the numbers, but if you read carefully, YOU ARE NOT PAID on that first 6%. With the 5%ers summer offer, there is no upfront cost, do 10% 3 times, then you pay $300.
  • #1,442
  • Jun 6, 2021 8:08pm Jun 6, 2021 8:08pm
'free' challange is a good promo tool for 5ers but it's time consuming and after all you PAY ..
  • #1,443
  • Jun 6, 2021 10:17pm Jun 6, 2021 10:17pm
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  • #1,444
  • Jun 6, 2021 11:18pm Jun 6, 2021 11:18pm
general thoughts on MFF?
it's looking good to me atm...
  • #1,445
  • Edited 12:36am Jun 7, 2021 12:20am | Edited 12:36am
Hi guys,
which broker you suggest for MFF evaluation?

1. FxPig
2. ICM
3. OctaFX

Tickmill is out of game.
Whether you think you can, or you think you can't,you're right. H.F.
  • #1,446
  • Jun 7, 2021 1:36am Jun 7, 2021 1:36am
Quoting pipmaster77
{quote} If you like to take it slow, I'll say it again....put the "fee" in a personal account. It will actually allow you to trade slightly larger positions, and by stage 3 your personal account is blowing the 5%ers out of the water. Just took a quick look at the "summer program". So you make 10% 3 times with no time restriction and no money out of pocket. If you do so, you pay $300 for 100K account with 4%DD. I see nothing wrong with running this on the side with tiny positions. Once you pay the $300 for $4k DD, it becomes pretty close to the FTMO/MFF...
1x deposit already out as profit + initial deposit already out. i agree with you

i am trading with my original deposit risk free
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offering my system to copy trade. check my link
  • #1,447
  • Jun 7, 2021 4:54am Jun 7, 2021 4:54am
Quoting Simply-Me
Hi guys, which broker you suggest for MFF evaluation? 1. FxPig 2. ICM 3. OctaFX Tickmill is out of game.
Im using IC markets for my evaluation, but am also copying the trades to a FXPig demo account to give it a good run.
Both seem good, but im only trading indicies.
  • #1,448
  • Jun 7, 2021 5:22am Jun 7, 2021 5:22am
Quoting pipmaster77
{quote} but if the fee is equal to or greater than the DD offered, that fee will perform better in your personal account and you split with nobody. .
Lol at this point you should just engrave this warning/slogan as your signature or favourite quotes on your profile.
  • #1,449
  • Edited 7:07am Jun 7, 2021 6:44am | Edited 7:07am
Quoting Simply-Me
Hi guys, which broker you suggest for MFF evaluation? 1. FxPig 2. ICM 3. OctaFX Tickmill is out of game.
slowly all brokers will be out and MFF is going to have their own server.

They say they have connectivity problems and problems in getting response fron outside brokers.

If you plan to take now , go for ICM
Intraday only.
  • #1,450
  • Jun 7, 2021 7:19am Jun 7, 2021 7:19am
Quoting doyathink
general thoughts on MFF? it's looking good to me atm...
Customer support is not the greatest, and they don't have the best account metrix, but they have verified payouts and that's what counts.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,451
  • Jun 7, 2021 7:20am Jun 7, 2021 7:20am
Quoting Simply-Me
Hi guys, which broker you suggest for MFF evaluation? 1. FxPig 2. ICM 3. OctaFX Tickmill is out of game.
They mention that they use Fxpig for their live accounts so maybe its better to start outright with Fxpig from the beginning when you start.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,452
  • Jun 7, 2021 7:27am Jun 7, 2021 7:27am
Quoting mrdfx
{quote} They mention that they use Fxpig for their live accounts so maybe its better to start outright with Fxpig from the beginning when you start.
Thanks for opinion.
Thing is I have real ICM accounts,but don't like their demo feed
.
Whether you think you can, or you think you can't,you're right. H.F.
  • #1,453
  • Jun 7, 2021 7:28am Jun 7, 2021 7:28am
Quoting mrdfx
{quote} They mention that they use Fxpig for their live accounts so maybe its better to start outright with Fxpig from the beginning when you start.
They have their own server for live. They are still using the brokers for the 2 stages of eval, but that looks to change very shortly.
  • #1,454
  • Jun 7, 2021 10:16am Jun 7, 2021 10:16am
Quoting mrdfx
{quote} Customer support is not the greatest, and they don't have the best account metrix, but they have verified payouts and that's what counts.
Thanks...
  • #1,455
  • Jun 7, 2021 11:55am Jun 7, 2021 11:55am
these prop funds wants people to risk more in the first round it self so most will be out from the game in first round only.

most are asking for 10 percent growth in 30 trading days which is always big target for any trader. that too with a limited DD rules
  • #1,456
  • Jun 7, 2021 6:04pm Jun 7, 2021 6:04pm
doji
how is the Lux experience for you so far?
  • #1,457
  • Jun 7, 2021 7:47pm Jun 7, 2021 7:47pm
Hi, doyathink. No complaints thus far.

They have 24/7 chat support. Their dashboard not only shows your trading metrics but also incorporates Trading Central analytics (with an indicator that can be downloaded onto your MT4 chart, if you want).

Most of all--unlike most prop firms where trades are done in-house, so to speak-- they use a separate broker, the Malta-based Tier1FX.
Amor Fati--F. Nietzsche
  • #1,458
  • Jun 7, 2021 8:30pm Jun 7, 2021 8:30pm
MFF announcement today :

They moved away from tickmill, fxpig, octafx and IC markets.

The ones who do evaluation with above brokers can continue to do so until expiry.

For new accounts, their own servers being offered.
Intraday only.
  • #1,459
  • Jun 8, 2021 5:03am Jun 8, 2021 5:03am
Quoting YahyaAli
these prop funds wants people to risk more in the first round it self so most will be out from the game in first round only. most are asking for 10 percent growth in 30 trading days which is always big target for any trader. that too with a limited DD rules
Yes it's the DD rule that makes it hard.

But it is there for a reason.

The reason should be obvious.

Masterrmind .......
Master your Mind then Master your Trades
  • #1,460
  • Jun 8, 2021 5:41am Jun 8, 2021 5:41am
Quoting Masterrmind
{quote} Yes it's the DD rule that makes it hard. But it is there for a reason. The reason should be obvious. Masterrmind .......
Well is not that hard to do 10+%,but not every month and pressure under challenge wont help either.
Psychology will kick in and here you go.Suddenly you have problem find decent set up,just because you have to.
Whether you think you can, or you think you can't,you're right. H.F.
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