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  • #11,141
  • Oct 4, 2022 10:18pm Oct 4, 2022 10:18pm
Quoting inversio
{quote} I'm not sure, bcz the floating 2k was happened yesterday not today. they probable mixing equity and balance in together. for this calculation mff offers better and accurate calculation, for new day ill get 5k more floating dd. yes in balance I ve 3k to loss
Easiest way I can break this down......let's say you have a 10K account with a broker ( not a prop firm). There are no DD rules, so you can lose all 10K. You have a 10K balance with a floating loss of 2K....how much can you lose before the account is busted....8K or 10K?
  • #11,142
  • Oct 5, 2022 1:07am Oct 5, 2022 1:07am
Quoting pipmaster77
{quote} Easiest way I can break this down......let's say you have a 10K account with a broker ( not a prop firm). There are no DD rules, so you can lose all 10K. You have a 10K balance with a floating loss of 2K....how much can you lose before the account is busted....8K or 10K?

ok
  • #11,143
  • Oct 5, 2022 1:21am Oct 5, 2022 1:21am
Quoting maahome
{quote} If you start the day with a 2k rollover drawdown then you are 2k down for the day regardless. MFF is the same, you have a max DD on the day which includes any open positions. MFF give you a $ value floor and if you hit that you are out. If you are flat at the start of their rollover you get the full daily loss allowance based on your balance- if you have open positions they are taken into account. That is the way my back office works anyway. maahome

thnx for explanition
  • #11,144
  • Oct 5, 2022 7:59am Oct 5, 2022 7:59am
Instant funding with score of ~4, which is good. Spreads and trading conditions are from IC Markets. One of the best instant funding offers. Good trustpilot score too.
https://overviewfundingprogram.com/
https://www.trustpilot.com/review/ov...ingprogram.com
  • #11,145
  • Oct 5, 2022 8:21am Oct 5, 2022 8:21am
Quoting TrAndy1
Instant funding with score of ~4, which is good. Spreads and trading conditions are from IC Markets. One of the best instant funding offers. Good trustpilot score too. https://overviewfundingprogram.com/ https://www.trustpilot.com/review/ov...ingprogram.com
Only 25% of the profit?

How is that good?

I thought 80% was the normal amount.

While I'm in this thread, is this website legitimate?

https://forexpropreviews.com/
It takes a lot for me to IGNORE you, but you can try.
  • #11,146
  • Oct 5, 2022 8:53am Oct 5, 2022 8:53am
Quoting Erebus
{quote} Only 25% of the profit? How is that good? I thought 80% was the normal amount. While I'm in this thread, is this website legitimate? https://forexpropreviews.com/
Yes and yes. 25% is good because it has no challenge you can earn money from day 1. That is a big difference to all other challenge offers, because it is instant funding.
  • #11,147
  • Oct 5, 2022 9:02am Oct 5, 2022 9:02am
Quoting Erebus
{quote} Only 25% of the profit? How is that good? I thought 80% was the normal amount. While I'm in this thread, is this website legitimate? https://forexpropreviews.com/
Well it is 25% of the max loss. When compared to the fee, it is 4.4 times trading that money on your own. Just like when scoring the 80-85% firms, that % is multiplied x the max allowable loss. If it's legit, by far the best instant funding I've seen. However, I always look at the model and ask myself.....How can they do it? Is it sustainable? No point joing if they are bankrupt in 6 months. Giving unproven traders 4.4 times the money to trade with doesn't seem viable, but time will tell I guess.
  • #11,148
  • Oct 5, 2022 9:43am Oct 5, 2022 9:43am
Quoting Bizziebee
{quote} Best and cheapest one which I have used for nearly two years is Interserver. Other ones look cheap but when you add Windows server it's expensive! Interserver is $10 per month with Windows server. I can run two MT4 platforms simultaneously without a problem. https://www.interserver.net/r/765669
thanks...
checking em out...
  • #11,149
  • Oct 5, 2022 9:43am Oct 5, 2022 9:43am
According to the trading statistics they (OFP) provide 'Because 34% of OFP traders get a payout' it means their model is viable assuming not too high average payouts.
  • #11,150
  • Oct 5, 2022 9:46am Oct 5, 2022 9:46am
Quoting mcquak
{quote} I've got only good exp. with Contabo, German quality for very reasonable price Never heard of Interserver, but simple setup and price diff makes the sure “winner” {image}
good info.
they have a London server for mff, too
  • #11,151
  • Oct 5, 2022 10:36am Oct 5, 2022 10:36am
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  • #11,152
  • Oct 5, 2022 11:28am Oct 5, 2022 11:28am
Got my first MFF VIP payout. Took 2 hours. Kudos to them, don't plan on using it much as i prefer like a weekly or bi weekly payout for equity control but they gave what they said they would.
  • #11,153
  • Oct 5, 2022 11:32am Oct 5, 2022 11:32am
Quoting TrAndy1
{quote} Yes and yes. 25% is good because it has no challenge you can earn money from day 1. That is a big difference to all other challenge offers, because it is instant funding.

I don't think so, for 100k ACC they r charging 550 around per month, and offer 25%, and trading deals r 5 % daily , total 10% loss. u will get this offer on mff with 2 mnths to achieve 8%, means 4% a month. that means a trader who is not able to make 4% on month will pick this one.

now 25% profit split == lets say trader will achieve 3% per month. which is 3000 on 100k ACC. and 25% of 3k is 750. so total gain is 750-550= 200.
  • #11,154
  • Oct 5, 2022 11:32am Oct 5, 2022 11:32am
Quoting Takisd
Got my first MFF VIP payout. Took 2 hours. Kudos to them, don't plan on using it much as i prefer like a weekly or bi weekly payout for equity control but they gave what they said they would.
what is VIP program can please give any link . don't find on their site

thnx
  • #11,155
  • Oct 5, 2022 11:46am Oct 5, 2022 11:46am
Does someone know a source where I can find all the latest updates on discount bonuses of the prop firms?
I really liked TFT's bonuses over the last week. It totally changes my ranking list of prop firms to take a challenge at.
But if I am not up to date I cannot take advantage of those chances with other firms.
  • #11,156
  • Oct 5, 2022 11:52am Oct 5, 2022 11:52am
Quoting inversio
{quote} what is VIP program can please give any link . don't find on their site thnx
type their home URL then add /vip
  • #11,157
  • Oct 5, 2022 11:54am Oct 5, 2022 11:54am
Quoting MegaTrendFol
Does someone know a source where I can find all the latest updates on discount bonuses of the prop firms? I really liked TFT's bonuses over the last week. It totally changes my ranking list of prop firms to take a challenge at. But if I am not up to date I cannot take advantage of those chances with other firms.
care to share with us why you have commercial status?
  • #11,158
  • Oct 5, 2022 12:00pm Oct 5, 2022 12:00pm
Quoting inversio
{quote} I don't think so, for 100k ACC they r charging 550 around per month, and offer 25%, and trading deals r 5 % daily , total 10% loss. u will get this offer on mff with 2 mnths to achieve 8%, means 4% a month. that means a trader who is not able to make 4% on month will pick this one. now 25% profit split == lets say trader will achieve 3% per month. which is 3000 on 100k ACC. and 25% of 3k is 750. so total gain is 750-550= 200.
I understood they charge the fee only once, when one buys the account, and so that the fee is not repetitive. In the case you described, you pay 550,- once, and you've got a lifelong account.

Quoting TrAndy1
Instant funding with score of ~4, which is good. Spreads and trading conditions are from IC Markets. One of the best instant funding offers. Good trustpilot score too. https://overviewfundingprogram.com/ https://www.trustpilot.com/review/ov...ingprogram.com
They finally introduce something "new" in the business. Thanks for point them out.
  • #11,159
  • Oct 5, 2022 12:14pm Oct 5, 2022 12:14pm
Quoting Takisd
{quote} care to share with us why you have commercial status?
Interesting. I had no clue about having a status. Is there a way to change that? It's some time ago that I've set up my account. Maybe it's because initially thought I could promote my account stats for getting funding. But in the meantime I work together with some prop firms that funded me.
  • #11,160
  • Oct 5, 2022 12:15pm Oct 5, 2022 12:15pm
Quoting mcquak
{quote} I understood they charge the fee only once, when one buys the account, and so that the fee is not repetitive. In the case you described, you pay 550,- once, and you've got a lifelong account. {quote} They finally introduce something "new" in the business. Thanks for point them out.

sorry my bad, they way they wrote monthly payout under the fund amount I read that as monthly fee. than its good
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