Prop Firm Hub

Quoting Mtinifx

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{quote} Yes agreed! It's probably been mentioned already but the reality of Prop trading is that in the case of say an FTMO 100k account, one is in actuality only trading a 5k account but with a 100k account leverage! Because you can't lose more then 5k on the day. So one's MM has to be based on a percentage of 5k not 100k , So taking the normal 2% risk - of $5000 is $100 which should be one's max loss per trade. Kind of puts things into perspective I suppose. You can't use the 100k to calculate your risk! And that continues to be the case for as...

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Quoting Filipo1

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Hi everyone, is there a way to get a quick comparison synopsis of all these programs to easily identify the most attractive one in term of company’s reliability and flexibility of trading conditions please?

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Quoting Expo33

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{quote} The prop from game is kind of like a big septic tank filled with tons of excrement. You just have to sift through this thread to find out which ones smell the least offensive. Here's a good diagram to get you started {image}

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Quoting Masterrmind

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Other Types not necessarily Prop Firms: c2Collective2 https://trade.collective2.com/ Darwinex https://www.darwinex.com/ E Toro https://www.etoro.com/ Fundseeder https://fundseeder.com/home Metaquotes Signals https://www.metaquotes.net/en Zulu Trade https://www.zulutrade.com/

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Quoting jagzuk

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{quote} Hi M, This is a very useful resource! I'd like to suggest Alpari PAMM for a post#1 listing under Other Types. Alpari PAMM accounts allow private investors to invest in a trader's account. I have traded with them for a few years and successfully raised modest amounts of investment. I also trade Darwins and, whereas Darwinex pays a fixed 15% of profits, with Alpari you set your own remuneration (I usually take 35%). Also, whereas the Darwinex service appears...

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Quoting Simply-Me

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{quote} If I'll trade 100k prop account and somehow I'm 4k in lost one day,I still have plenty of margin to trade next day. What I can trade next day if something like this on 5K real account?

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Quoting Mtinifx

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{quote} If you are trading a 100k prop account and you're 4k down, good luck is all I can say. Best thing to do is just concentrate to get the account back to BE+ and try again next month. In my first post I was not saying that Prop trading is a bad idea. Simply that one should not trade a 100k account as if it were a 100k live account of your own money. Rather concentrate on not losing more then "x" percent (whatever you feel comfortable with) of your daily DD every single day you trade.. Otherwise, that's how you can lose 4k in a hurry. I'm saying...

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Quoting pipmaster77

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{quote} Simple formula...on a 100K account, initially make your R $500-1000, depending on your risk tolerance. Never lose more than 3R in a day. If you do shut the platform down, this way daily DD is not an issue. If you fall under the 100K in equity, your R needs to be adjusted to 5-10% of THE REMAINING DD. Example, if you are down to 98K, your R becomes $400(5%) - $800 (10%). In this way, you should never fail a challenge or lose an account once your live. You may not always hit the target in the challenge, but you will be doing free retakes....

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Quoting pipmaster77

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From a few pages back: {quote}

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Quoting navk

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{quote} Yes, I remember this post. My equity went down but then quickly recovered. Now I am approaching the line. Hopefully, by this week end.

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Quoting PaulMF

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Darwinex examples: - SYO Manages $5,200,000. Performance 19% per year. Max DD -12% Link: SYO - THA Manages $5,200,000. Performance 26% per year. Max DD -13% Link: THA With those figures you don't pass a challenge on FTMO. And in case that you pass it by chance, you only get $400,000 after too many months getting figures no one else gets. SYO started with an account of $380 at Darwinex on feb 2018. 3 months later, it had under management $600,000. By...

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Quoting doji

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When looked at from an investor's point of view, one begins to see why even more than profitability, risk-management is given great weight --at Darwinex or elsewhere. That's also what I learned from a chat I had with Lux support just a while ago. I asked if it there was a chance that they'd change the trailing DD rule for the evaluation levels so that it would be the same fixed DD across the board. Guess what, he told me that management has decided to implement the trailing DD rule for all levels instead! The reason: to discourage gambling. According...

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Quoting doji

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When looked at from an investor's point of view, one begins to see why even more than profitability, risk-management is given great weight --at Darwinex or elsewhere. That's also what I learned from a chat I had with Lux support just a while ago. I asked if there was a chance that they'd change the trailing DD rule for the evaluation levels so that it would be the same fixed DD across the board. Guess what, he told me that management has decided to implement the trailing DD rule for all levels instead! The reason: to discourage gambling. According...

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Quoting ladder

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{quote} I am looking at Lux. Could you please tell us the usual spread of EURUSD during European session, and the commission per lot round turn? Which broker do they use? Thanks!

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