Prop Firm Hub | Page 155 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

  • #3,081
  • Aug 23, 2021 11:50am Aug 23, 2021 11:50am
Quoting pipmaster77
{quote} No physical address, I also read somewhere they are registered as a retail mom and pop shop, like a supermarket or something. What do you find appealing about them vs. FTMO or MFF? (Companies we are all using and getting paid from)
The interesting part is just paying a one time fee (which is a bit steep mind you) and getting immediate funding. Plus I see they have IC Markets listed as one of the brokers.
  • #3,082
  • Aug 23, 2021 1:10pm Aug 23, 2021 1:10pm
Quoting pipmaster77
{quote} No physical address, I also read somewhere they are registered as a retail mom and pop shop, like a supermarket or something. What do you find appealing about them vs. FTMO or MFF? (Companies we are all using and getting paid from)
Couldn't agree more plus with FTMO you can have buffer challenges like you can have 600K of passed exams but you can have only 400K of live so if in case you are thinking of loosing them you can have them ready in buffer.
  • #3,083
  • Aug 23, 2021 1:13pm Aug 23, 2021 1:13pm
Quoting snf
{quote} The interesting part is just paying a one time fee (which is a bit steep mind you) and getting immediate funding. Plus I see they have IC Markets listed as one of the brokers.
lol Dude, run away from them.

Most of us have done our due diligence since last year when they popped up with a website exactly modeled like FTMO's.
Those "sweet" offers are there to rope the naive in. Ask Tradersprop.

Stick to the widely tested and trusted.
  • #3,084
  • Aug 23, 2021 2:46pm Aug 23, 2021 2:46pm
Quoting Koop
{quote} lol Dude, run away from them. Most of us have done our due diligence since last year when they popped up with a website exactly modeled like FTMO's. Those "sweet" offers are there to rope the naive in. Ask Tradersprop. Stick to the widely tested and trusted.
It has relative drawdown which is bummer.
  • #3,085
  • Aug 23, 2021 3:37pm Aug 23, 2021 3:37pm
Myff also has relative DD

I suppose FT is still ahead in respects of:
1/ Fixed DD (daily)
2/ No minimum days
3/ Spread on US30 is much better then Myff
4/ MyFF server has big gap on DAX before Frankfurt open which is a bummer.
  • #3,086
  • Aug 23, 2021 3:48pm Aug 23, 2021 3:48pm
Quoting Mtinifx
Myff also has relative DD I suppose FT is still ahead in respects of: 1/ Fixed DD (daily) 2/ No minimum days 3/ Spread on US30 is much better then Myff 4/ MyFF server has big gap on DAX before Frankfurt open which is a bummer.
By relative I mean something like topstepfx or topstep trader where drawdown moves with profit on every closed position. MyFF drawdown doesn't move untill day changes and it is kind of good when you make profits for example in FTMO if you make 50% profit of 100K account you still have 5K of drawdown daily when day changes where as in MyFF you will have 7500 daily limit.
  • #3,087
  • Aug 23, 2021 3:59pm Aug 23, 2021 3:59pm
Pretty sure I spoke to Daniel Savage today (replying to support emails). Attitude matches and knowledge of what raw spreads are pretty much confirmed to me it was him.

I recommend everyone stay the f... away from nationstrading.com I have been researching their conditions and talking to support and the response is poor. Knowledge of a gnat and attitude problem. I wonder if he hired his "savages" to work for him.
  • #3,088
  • Aug 23, 2021 4:00pm Aug 23, 2021 4:00pm
Quoting Mtinifx
Myff also has relative DD I suppose FT is still ahead in respects of: 1/ Fixed DD (daily) 2/ No minimum days 3/ Spread on US30 is much better then Myff 4/ MyFF server has big gap on DAX before Frankfurt open which is a bummer.

Last check I did on FT their spread wasn't better than MFF's NY spread. Have they tightened it since their "big release" of high spreads and commissions?
  • #3,089
  • Aug 23, 2021 4:07pm Aug 23, 2021 4:07pm
Quoting Takisd
{quote} Last check I did on FT their spread wasn't better than MFF's NY spread. Have they tightened it since their "big release" of high spreads and commissions?
Yea not much difference in spreads and pricing. MyFF has commisions on FX pairs where as FT doesn't and on indices vice versa.
The real advantage FT is payout 90% plus smaller target (less DD as compared to MYFF) also they have one pass which can be used to reset account for example if I pay 620*3 = 1860 for max funded account and if I pass all of them and violate any rule I can pay 1395 and dont have to pass challenges. It is like challenge reset.
  • #3,090
  • Aug 23, 2021 4:20pm Aug 23, 2021 4:20pm
Quoting sampat
{quote} Yea not much difference in spreads and pricing. MyFF has commisions on FX pairs where as FT doesn't and on indices vice versa. The real advantage FT is payout 90% plus smaller target (less DD as compared to MYFF) also they have one pass which can be used to reset account for example if I pay 620*3 = 1860 for max funded account and if I pass all of them and violate any rule I can pay 1395 and dont have to pass challenges. It is like challenge reset.
MFF pays 85%, key word pays. I cannot believe anyone is still messing with FT. I mean if you're funded and getting paid, great. However, I certainly wouldn't be doing any new challenges there.
  • #3,091
  • Aug 23, 2021 4:23pm Aug 23, 2021 4:23pm
I am bored, and just opted out of working on Daniel savages prop firm, too many red flags to waste my time. Any other challenge/evaluation models out there worth exploring where the spread isnt scam tier (low or high) and they pay out or something.
  • #3,092
  • Aug 23, 2021 4:30pm Aug 23, 2021 4:30pm
Quoting pipmaster77
{quote} MFF pays 85%, key word pays. I cannot believe anyone is still messing with FT. I mean if you're funded and getting paid, great. However, I certainly wouldn't be doing any new challenges there.
Agreed. There are certainly ongoing issues with FT. MyFF pays until bunch of people come up with 200K payouts. The good part of MyFF is they didn't have crazy good spreads like FT (.01 pip with no commissions and no minimum stops) people will do crazy scalping.
  • #3,093
  • Aug 23, 2021 4:31pm Aug 23, 2021 4:31pm
Quoting Takisd
I am bored, and just opted out of working on Daniel savages prop firm, too many red flags to waste my time. Any other challenge/evaluation models out there worth exploring where the spread isnt scam tier (low or high) and they pay out or something.
Not sure why to try on other firms. Apply for FTMO accounts. They don't have limits on parallel challenges keep them on buffer.
  • #3,094
  • Aug 23, 2021 4:36pm Aug 23, 2021 4:36pm
Quoting sampat
{quote} Not sure why to try on other firms. Apply for FTMO accounts. They don't have limits on parallel challenges keep them on buffer.
Because I cant get more funding from them? or MFF. I dont want my money to be spent on private jets and lipo so I chargebacked my FT. Traderfundedprogram by Blake Olsen is a piece of crap with stupid spreads and stupider promos. I dont want a direct funded model, I want something I can copy my trading from MFF/FTMO and just let it go and experience their amazing kindergarten support when their feeds go bad or anything remotely related to forex pops up.
  • #3,095
  • Aug 23, 2021 4:42pm Aug 23, 2021 4:42pm
Quoting Takisd
{quote} Because I cant get more funding from them? or MFF. I dont want my money to be spent on private jets and lipo so I chargebacked my FT. Traderfundedprogram by Blake Olsen is a piece of crap with stupid spreads and stupider promos. I dont want a direct funded model, I want something I can copy my trading from MFF/FTMO and just let it go and experience their amazing kindergarten support when their feeds go bad or anything remotely related to forex pops up.
Have you tried Enfoid? It has 700K limit.
  • #3,096
  • Aug 23, 2021 4:43pm Aug 23, 2021 4:43pm
Quoting sampat
{quote} Have you tried Enfoid? It has 700K limit.
this one?
Attached Image
  • #3,097
  • Aug 23, 2021 4:47pm Aug 23, 2021 4:47pm
Quoting Takisd
{quote} this one? {image}
At one time, I was considering them in addition to FTMO, but MFF blows them away. 50% split sucks in comparison to other offers. It's FTMO but with a 50% instead of 70% and $1,000 fee per 100K instead of $640.
  • #3,098
  • Aug 23, 2021 4:48pm Aug 23, 2021 4:48pm
Quoting pipmaster77
{quote} At one time, I was considering them in addition to FTMO, but MFF blows them away. 50% split sucks in comparison to other offers.

Fidelcrest is potentially an option but right now I just read they accept ALL brokers.. How? This sounds strange. I could literally go to a broker with magic spreads and print money there then tell them to deposit there... print money, they cant withdraw and they owe me money.
  • #3,099
  • Aug 23, 2021 4:54pm Aug 23, 2021 4:54pm
Quoting Takisd
{quote} Because I cant get more funding from them? or MFF. I dont want my money to be spent on private jets and lipo so I chargebacked my FT. Traderfundedprogram by Blake Olsen is a piece of crap with stupid spreads and stupider promos. I dont want a direct funded model, I want something I can copy my trading from MFF/FTMO and just let it go and experience their amazing kindergarten support when their feeds go bad or anything remotely related to forex pops up.
I cannot wait until I have 1 million between FTMO and MFF. Then I'll be like you, just trying to find things to do lol
  • #3,100
  • Aug 23, 2021 5:01pm Aug 23, 2021 5:01pm
Quoting pipmaster77
{quote} I cannot wait until I have 1 million between FTMO and MFF. Then I'll be like you, just trying to find things to do lol

Its not really pleasant. I did go as far as quote out an entire prop firm set up.. Like an FTMO tier one, but decided i don't want to be a support person temporarily ... Especially with the stupid shit I see in firms discords... "WHY DID THE SPREAD INCREASE AT MIDNIGHT WTF SCAM"... Maybe I can call my firm "noBStrading" and then if someone commits BS they get removed and no refunds. "Ask a question that indicates you dont know anything about the FX market and you will be banned immediately with no refund as you have wasted everyones time".
177 traders viewing now