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  • #3,341
  • Aug 30, 2021 4:47pm Aug 30, 2021 4:47pm
Quoting QAndy
Regarding FTMO one can go much cheaper with Kieran on traderseed.io and save most of the FTMO fees and in addition $300k buying power can be added to FTMO(s $400k BP, so in total $700k BP). For FTMO going over Kieran could be the best option, he introduces to FTMO officially.
Most of us that have been doing this for awhile are quite happy with MFF and FTMO just as they are. Everyone is always looking for the cheaper fee, the higher DD allowed, the better split. The fee is refunded with your first split with MFF and FTMO, so fee shouldn't even be one of the top criteria. Going with something like traderseed, you give up 10% after the 70/30 FTMO split. If you're hitting 5% monthly, that's $350, 2 months you could have paid for your own 100K challenge.

Only reason I can see going that route is if you are short on initial funds to take the challenge or if you don't think you're going to pass (why take the challenge?), then obviously you've lost less money.
  • #3,342
  • Aug 30, 2021 5:31pm Aug 30, 2021 5:31pm
Quoting pipmaster77
{quote} Most of us that have been doing this for awhile are quite happy with MFF and FTMO just as they are. Everyone is always looking for the cheaper fee, the higher DD allowed, the better split. The fee is refunded with your first split with MFF and FTMO, so fee shouldn't even be one of the top criteria. Going with something like traderseed, you give up 10% after the 70/30 FTMO split. If you're hitting 5% monthly, that's $350, 2 months you could have paid for your own 100K challenge. Only reason I can see going that route is if you are short on...
And.....If I'm understanding this correctly, you pay the fee to traderseed, you then have a 2 stage process with traderseed, 10% and 5% respectively, THEN.....he purchases a challenge for you, in which you need to complete phase 1 and 2 like you normally would if purchasing from FTMO directly. So, in reality, this is a 4 stage challenge. No Thanks.
  • #3,343
  • Aug 30, 2021 5:43pm Aug 30, 2021 5:43pm
Quoting pipmaster77
{quote} And.....If I'm understanding this correctly, you pay the fee to traderseed, you then have a 2 stage process with traderseed, 10% and 5% respectively, THEN.....he purchases a challenge for you, in which you need to complete phase 1 and 2 like you normally would if purchasing from FTMO directly. So, in reality, this is a 4 stage challenge. No Thanks.
QAndy sees things in a very weird way. I can't understand how one could possibly think Traderseed is the better option? What's the up side? Just the fees?
SMh.
  • #3,344
  • Aug 30, 2021 6:03pm Aug 30, 2021 6:03pm
I am waiting for him to recommend Daniel Savages shitbox. That will be the icing on the cake that Jess eats.
  • #3,345
  • Aug 30, 2021 6:12pm Aug 30, 2021 6:12pm
Real?? Fake?? First FT payout i'm seeing over $50k+

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Someone posted this already?

Seen some payout proofs on JsCave's Facebook group just now.

www.thetradingcapital.com
  • #3,346
  • Aug 30, 2021 6:16pm Aug 30, 2021 6:16pm
Quoting Koop
{quote} QAndy sees things in a very weird way. I can't understand how one could possibly think Traderseed is the better option? What's the up side? Just the fees? SMh.
Hi, I think he is referring to this being a benefit of using Traderseed
Traderseed states that if you pass their ''tests'' (each of which can be done in as little as one day if you want to) and then pass FTMO Challenge and Verification you can have max 300K account. Traderseed takes a 10% share of the 70% profit split when you have a Funded account if you make a monthly profit.

So you can have $400K FTMO and $300K Traderseed.

Edit: please don't take this as me endorsing in anyway, just trying to help out here, great thread here with the best info and contributors.

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  • #3,347
  • Aug 30, 2021 6:22pm Aug 30, 2021 6:22pm
Quoting JFphuket
{quote} Hi, I think he is referring to this being a benefit of using Traderseed Traderseed states that if you pass their ''tests'' (each of which can be done in as little as one day if you want to) and then pass FTMO Challenge and Verification you can have max 300K account. Traderseed takes a 10% share of the 70% profit split when you have a Funded account if you make a monthly profit. So you can have $400K FTMO and $300K Traderseed. Edit: please don't take this as me endorsing in anyway, just trying to help out here, great thread here with the...
Yeah i totally agree with that part. Can be used to add more capital for sure.
I just don't think it's the better option when one is starting from scratch.
  • #3,348
  • Aug 30, 2021 6:25pm Aug 30, 2021 6:25pm
Quoting Koop
Real?? Fake?? First FT payout i'm seeing over $50k+ {image} Someone posted this already? Seen some payout proofs on JsCave's Facebook group just now. www.thetradingcapital.com
https://www.trustpilot.com/review/thetradingcapital.com

Check their replies in particular.. A lot of BS in them, defensive and deflective.

Also by posting their link here you just probably tripled their weekly traffic.

They have like 4-5 visitors per day, no live accounts (broker confirmed no live accounts) and yeh.... If you make money, real money, i dont see them being able to pay you.
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  • #3,349
  • Aug 30, 2021 6:28pm Aug 30, 2021 6:28pm
Quoting Koop
{quote} Yeah i totally agree with that part. Can be used to add more capital for sure. I just don't think it's the better option when one is starting from scratch.
100% agree, I would only use it to attain more capital after gaining $400K FTMO

FTMO $400K 70%
MFF $600K 85%
Traderseed $300K 63%

Assuming one can acheive all this it starts to add up haha
  • #3,350
  • Aug 30, 2021 7:06pm Aug 30, 2021 7:06pm
Quoting Koop
{quote} Yeah i totally agree with that part. Can be used to add more capital for sure. I just don't think it's the better option when one is starting from scratch.
It's a 4 step challenge. You have to put a value on your time. I don't think a 60% discount is worth DOUBLE the work. I agree, though, I guess simply to add capital once FTMO and MFF are maxed. After I have 1 million with them, My route is the 3 million with the 5%ers summer plan, about 2% from completing stage 1 there lol.
  • #3,351
  • Aug 30, 2021 7:17pm Aug 30, 2021 7:17pm
Hi,
Just saw this interesting thread...Thanks for starting it Mastermind and good luck with your FTMO adventure.
I just tried their 10000 demo and finished in profit (39% in 7 days) but max daily and max loss weren't that good! I overtrade a bit with big lots:-)
I was surprised by the max daily loss as I didn't understand it was DD at first
Anyway, I may retry their demo more seriously and try for good next.


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  • #3,352
  • Aug 30, 2021 7:32pm Aug 30, 2021 7:32pm
The FX Seed website (www.myfxseed.com) disappeared on the 28th, the exact day of the stated payout on their website previously. Now there's just an error message on the website. Are they another scam like Traders Prop? Can anyone confirm this?
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  • #3,353
  • Aug 30, 2021 10:04pm Aug 30, 2021 10:04pm
Quoting subzero25
The FX Seed website (www.myfxseed.com) disappeared on the 28th, the exact day of the stated payout on their website previously. Now there's just an error message on the website. Are they another scam like Traders Prop? Can anyone confirm this? {image}
Not really surprising they've been stealing people's money from the beginning.. Honestly, I think people deserve to lose their money. Just the tiniest bit of research and effort should have kept everyone away from them.

At least their reviews are consistent
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Pride always comes before destruction.... -Proverbs 16:18
  • #3,354
  • Aug 30, 2021 10:12pm Aug 30, 2021 10:12pm
Wow, MFF paid me my 50% from the accelerated 2K account. Signed up last Wednesday.

Their site says that your account has to be 5 days old but if you start during the week you have to wait until the following Friday for any payouts. As I stated before, I emailed them so I could get scaled up to 4K and never actually requested a payout. They just proactively did that for me. Well played MFF.

I should post a pic of me with my new Lamborgini but I hate to flaunt my new found wealth
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Pride always comes before destruction.... -Proverbs 16:18
  • #3,355
  • Aug 30, 2021 10:15pm Aug 30, 2021 10:15pm
Quoting Koop
{quote} Lol You're a wild one Expo... no way you're getting to 324k. Prove me wrong please!!!
I decided that I am going to prove you wrong.

From now on I am only going to revenge trade from Monday thru Friday and I will only risk 100% of my available drawdown per trade.
Pride always comes before destruction.... -Proverbs 16:18
  • #3,356
  • Aug 30, 2021 10:26pm Aug 30, 2021 10:26pm
Quoting pipmaster77
{quote} It's a 4 step challenge. You have to put a value on your time. I don't think a 60% discount is worth DOUBLE the work. I agree, though, I guess simply to add capital once FTMO and MFF are maxed. After I have 1 million with them, My route is the 3 million with the 5%ers summer plan, about 2% from completing stage 1 there lol.
Under current conditions certainly agree.

I would not entertain Traderseed at all, simply far from interested.

Masterrmind .........
Master your Mind then Master your Trades
  • #3,357
  • Aug 30, 2021 10:33pm Aug 30, 2021 10:33pm
Quoting manuforex
Hi, Just saw this interesting thread...Thanks for starting it Mastermind and good luck with your FTMO adventure. I just tried their 10000 demo and finished in profit (39% in 7 days) but max daily and max loss weren't that good! I overtrade a bit with big lots:-) I was surprised by the max daily loss as I didn't understand it was DD at first Anyway, I may retry their demo more seriously and try for good next. {image}
Thanks manuforex.

All the best when you take the challenges, it is challenging I assure you.

Masterrmind .........
Master your Mind then Master your Trades
  • #3,358
  • Aug 30, 2021 10:35pm Aug 30, 2021 10:35pm
Quoting subzero25
The FX Seed website (www.myfxseed.com) disappeared on the 28th, the exact day of the stated payout on their website previously. Now there's just an error message on the website. Are they another scam like Traders Prop? Can anyone confirm this? {image}
We need to have this investigated but at first glance sure smells of scam.

Masterrmind .........
Master your Mind then Master your Trades
  • #3,359
  • Aug 31, 2021 2:14am Aug 31, 2021 2:14am
Ready for the next stage.
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Trading is SIMPLE not EASY.
  • #3,360
  • Aug 31, 2021 2:38am Aug 31, 2021 2:38am
Quoting Koop
Real?? Fake?? First FT payout i'm seeing over $50k+ {image} Someone posted this already? Seen some payout proofs on JsCave's Facebook group just now. www.thetradingcapital.com
No I think it's genuine.

Trouble is how long can they stay in business making those kind of payouts just using money from failed challenges? I can't see how that business model works?
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