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  • #11,201
  • Oct 7, 2022 1:41am Oct 7, 2022 1:41am
Quoting Capablanca
I second this. I've seem people in their Discord saying simple things ... just to be completely destroyed by all that brain washed crowd. For them TFT is fantastic, no other company has anything better than them and there's nothing to improve.
-It is very unfortunate, but not surprising, that things have not changed. I understand loyalty and appreciate the value of it, but the problem with this kind of reaction and resistance to change, is that it inhibits progress.

What's worse is that when you have this kind of gang-like mentality full of hard-core believers, where anyone that goes against or questions the standard paradigm immediately becomes a target, you potentially end up with a situation where people become very reluctant and even fearful of speaking out or asking questions; similar to a cult, honestly.
  • #11,202
  • Oct 7, 2022 1:49am Oct 7, 2022 1:49am
Quoting Vitore
{quote} I can confirm TFF and E8. My second option would be E8 but TFF is very close. It's just my personal preference. As for the other names Funded Next - I also used to like it until I discovered they would terminate your account immediately if you (even by mistake) trade within +-2 minutes around the news. Irrespective of any other rule violation. That 's something I don't accept as it creates opportunity for "creative" explanations why my account had to be terminated. And I'm not willing to take such a risk Finotive - they will terminate your...
Thanks for the insights. Didn't know about that regarding Funded Next. That also happens if someone has a SL/TP ?

Regarding Finotive Funding, I agree. Can't be used for the long term. Consistency rules are tough (the ones you mentioned, for example, and also demanding SLs on most of the orders). And they only allow one blowed funded account. If one blows up one account then they only pay 25% on the next one until we pay back the previous loss. The only strategy for Finotive is to hit them once and run away. There's way much better places to be.
  • #11,203
  • Oct 7, 2022 2:03am Oct 7, 2022 2:03am
Quoting Capablanca
{quote} Thanks for the insights. Didn't know about that regarding Funded Next. That also happens if someone has a SL/TP ?
I'm not sure about SL/TP. Whenever I see account termination without DD violation, just because of the news-related trading or number of trades or whatever else i usually go away without studying more details
Money is made by sitting, not trading
  • #11,204
  • Oct 7, 2022 2:17am Oct 7, 2022 2:17am
Quoting Vitore
As for the other names
-I would be curious if anyone has tried Traders With Edge yet.

I've started looking into them more, ever since someone posted about them here. I really like that they have customizable models, especially the no-daily-drawdown option. That's huge for traders because it allows for significant padding on the account for protection.

Not sure if they will be able to sustain it over the long-term, but if they do, then that would be significant in my opinion.
  • #11,205
  • Oct 7, 2022 3:07am Oct 7, 2022 3:07am
FYI
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  • #11,206
  • Oct 7, 2022 3:07am Oct 7, 2022 3:07am
An overview site https://fundedtradingaccounts.com/
  • #11,207
  • Oct 7, 2022 3:08am Oct 7, 2022 3:08am
More discount coupon website https://propfirmcoupon.com/
  • #11,208
  • Oct 7, 2022 3:09am Oct 7, 2022 3:09am
https://www.fundingu.club/fundingu-challenge & https://www.fundingu.club/fundingu-freeprogram-apply
  • #11,209
  • Oct 7, 2022 3:11am Oct 7, 2022 3:11am
Competitions https://proptrading.online/5-ways-to...irm-challenge/
  • #11,210
  • Oct 7, 2022 3:23am Oct 7, 2022 3:23am
Still the best instant funding offer ever seen. If they really do payout then they are legit. Worth a look nevertheless. https://goatfundingfx.com/instant/
  • #11,211
  • Oct 7, 2022 3:25am Oct 7, 2022 3:25am
Also super cheap if they pay, definitely worth a closer look. https://eternityglobalfx.com/
  • #11,212
  • Oct 7, 2022 3:28am Oct 7, 2022 3:28am
New firm is coming soon with an instant funding offer. http://funded-life.com/instant-funding/
  • #11,213
  • Oct 7, 2022 3:56am Oct 7, 2022 3:56am
It is hard to get some info online about EternityGlobalFX prop firm. Their scores are UNBELIEVABLE good. Instant offer score is 10, 400k challenge has a score of 25 (!).
  • #11,214
  • Oct 7, 2022 4:02am Oct 7, 2022 4:02am
Quoting TrAndy1
Also super cheap if they pay, definitely worth a closer look. https://eternityglobalfx.com/
-There is no way that this is legit. $500 for 40,000 draw-down allowance. Even their instant funding is appealing.
  • #11,215
  • Oct 7, 2022 4:04am Oct 7, 2022 4:04am
Quoting TrAndy1
It is hard to get some info online about EternityGlobalFX prop firm. Their scores are UNBELIEVABLE good. Instant offer score is 10, 400k challenge has a score of 25 (!).
Their offer seems really unbelievable. IC Markets as their broker and support of cTrader combined with low price, best conditions, and largest account size? Pffffffff..... can't really believe that. I guess i just throw them my money to see for myself
Money is made by sitting, not trading
  • #11,216
  • Oct 7, 2022 4:05am Oct 7, 2022 4:05am
Quoting Nsak3y
{quote}-There is no way that this is legit. $500 for 40,000 draw-down allowance. Even their instant funding is appealing.
I mean the only way to find out this, would be a try and to see if they do payouts. Their offers are looking to good not to do a try. At least they offer credit card payments. I am tempted to try them, maybe to a later point, just because their offer is the best offer on the market. Maybe one can see how large are the profit margins for prop firms like MyForexFunds. Anyone can get some background information about this company, because it is hard to find online info and they are new.
  • #11,217
  • Edited 4:28am Oct 7, 2022 4:08am | Edited 4:28am
Quoting Vitore
{quote} Their offer seems really unbelievable. IC Markets as their broker and support of cTrader combined with low price, best conditions, and largest account size? Pffffffff..... can't really believe that. I guess i just throw them my money to see for myself
If they do payouts, they will change the prop firm industry and shake them totally with their offers. They are by far the best and cheapest on the market. Do not forget there are some more companies like that. For example Autoproptrader (but with only crypto payments) and GoatFundingFX (with strange Paypal payments), so there must be some room here. I mean the profit margins for prop firms like MFF must be really huge, otherwise there is no way that this business model can be profitable?!
  • #11,218
  • Oct 7, 2022 4:12am Oct 7, 2022 4:12am
What I wanted to say is, that one exceptionable good offer would look like a scam prop firm offer. But no way, when there are 3 similar offers from different prop firms. If more and more prop firms are coming around the corner with such good offers, there might be some rumors going around that there is so much gold here for props, that they want to be part of the trading game here. Otherwise it does not make sense at all. Why offering something that can only lead to losses or called scam at once?
  • #11,219
  • Oct 7, 2022 4:36am Oct 7, 2022 4:36am
I also must admit there are some warnings that EternityGlobalFX is not paying out profit splits. See here, it is in spanish only so you need to autotranslate it. Also on trustpilot there are some claims waiting for payments. So this must be added here too, to get a more complete picture. I hope their testimonials are true on their site.
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  • #11,220
  • Oct 7, 2022 4:40am Oct 7, 2022 4:40am
Quoting Vitore
I guess i just throw them my money to see for myself
Quoting TrAndy1
I mean the only way to find out this, would be a try and to see if they do payouts.
-By all means, give them a try and report back. But common sense says that such a ridiculously-good offer requires that no real capital be in play... meaning, the only way for this firm to survive will be to have a very high turnover rate.

Quoting TrAndy1
If they do payouts, they will change the prop firm industry
-Once/if they get going, doing payouts will be the easy part. Sustaining the payouts will be the hard part. High turnover is necessary.
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