Prop Firm Hub

Quoting pipmaster77

Disliked

{quote} Oh you mean like a job? Where I'd have to have a college degree and I'd have to sit in traffic to get to the office? That type of "real" firm? Yeah, no thanks. I prefer this "non real" model.

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Quoting fxValue

Disliked

{quote} Yes a JOB where your actually good enough to get paid rather then be a fake lol

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Quoting pipmaster77

Disliked

{quote} Call it whatever you'd like, the money paid to me by these firms seems to spend just like real money. To each their own I guess.......I like my 10 second commute, my freedom to work when I want, go downstairs and have a meal, take a dip in the pool. Some people prefer to drive an hour each way, sit in traffic have a boss, deal with people you don't like all day.......lol, maybe you're onto something.

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Quoting navk

Disliked

{quote} I use trade copier. MFF account is master. Rest are slaves.

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Quoting fxValue

Disliked

All of these firms are NOT prop firms a real "prop" firm you dont give them money. They give you a salary and train you. Please stop calling these Challenge accounts prop firms !!!

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Quoting Tim_isoara

Disliked

{quote} Start MFF anf TFF at the same time?

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Quoting navk

Disliked

{quote} I have two MFF and one TFF account. Funded account - MFF as master. Phase 2 MFF, TFF as slave.

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Quoting Tim_isoara

Disliked

{quote} I see that you finish the TFF challenge, than MFF. Cost of trading is higher on MFF?

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Quoting navk

Disliked

{quote} yes

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Quoting forexbali

Disliked

{quote} MFF instant funding is the worst, for many reason, but the main reason is that they pay you 50% only of profits! there is better around

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Quoting pipmaster77

Disliked

Order of knocking down challenges.......MFF, FTMO, TFTP, TFF, E8........TFF and TFTP can be swapped if you prefer. Max 'em all you're at 2.3-2.4 million before the 25-30% scale every 3-4 months. If you need more, go for it, that's when all of the firms other than those 5 come into play. Keep in mind, these should be traded on max DD only......so 2.3-2.4 million with 10-12% (MFF) is truly like a 250K account with 100% allowable loss. If you normally risk 1-2% per trade, it is 1-2% of the 250K not the 2.3-2.4 million. You will never, ever even come...

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Quoting Olarion1975

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TFT just announced for Jan. 23 a 1 stage Challenge account, 3% DD, 80% profit split. Up to 200k.

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Quoting Capablanca

Disliked

Funded Next is incredible bad in execution in funded accounts. I saw that several times and today I tested rigorously using TFF as benchmark. 2 orders on EURUSD, out of any news time, and got exactly 1.5 pip in both orders in Funded Next and 0.1 in TFF. We're talking of a volume of only 2 lots and 1.6 lots, with an hour apart It's clearly something parametrized in their system to steal from traders in each execution.

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Quoting pipmaster77

Disliked

{quote} Instant funding, MFF or otherwise, offers no value to you as a trader. If the fee you pay is equal to the DD allowed (max loss), you can trade that "fee" in a personal account and keep 100% instead of 50%........too tired to post all the math, just don't do it......here is the spreadsheet, not MFF, this is CTI, but same exact concept. {image}

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Quoting muir

Disliked

I have to pay tax after each profitable trade but cannot deduct losses from the profit base. So I could very well end up with more taxes owed and than the entire account and all of the profits. So the options are very limited.

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