Prop Firm Hub | Page 736 | 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

  • #14,701
  • Apr 1, 2023 2:54pm Apr 1, 2023 2:54pm
Quoting forexbali
{quote} why not competitive? standard means that they have different spreads?
I meant standard price for the challenge relative to the 8% total DD they allow. Others offer 10-12% for similar price so you need some discount or other benefit to offset that. In other words - their standard score is about 2.7, the promo I used improved it to about 3.4. MFF is over 7 for comparison
Money is made by sitting, not trading
  • #14,702
  • Apr 1, 2023 3:10pm Apr 1, 2023 3:10pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-04-01 at 16-06-43 What Is The Profit Split On Accelerated Live Accounts My Forex Fun Size: 64 KB

Evaluation accounts 80/20, Live drops to 50/50? Am I missing something?
MY GRID. Markets are NOT random.
  • #14,703
  • Apr 1, 2023 3:42pm Apr 1, 2023 3:42pm
Quoting tonyb123
{file} Evaluation accounts 80/20, Live drops to 50/50? Am I missing something?
Don't waste your money, not only does it only pay 50%, you start off paying a fee higher than allowable loss.......just like all the instant funding ripoffs.
  • #14,704
  • Apr 1, 2023 3:53pm Apr 1, 2023 3:53pm
Quoting pipmaster77
{quote} Don't waste your money, not only does it only pay 50%, you start off paying a fee higher than allowable loss.......just like all the instant funding ripoffs.
So after you complete the "challenge " on an evaluation account you just stay in evaluation accounts? Trying to understand this.
MY GRID. Markets are NOT random.
  • #14,705
  • Apr 1, 2023 7:06pm Apr 1, 2023 7:06pm
Hi I was looking at rules by fundedtradingplus for live account, it looks like once you reach 10% profit on live account, you are trading your profits for drawdown, you can only withdraw your profits after 10K ? am I missing something or this is same for all firms
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2023-04-01 at 8.05.46 PM.png Size: 122 KB
Nature never rushes, yet everything gets done, so be patience!
deekay4x Return This Month: na
  • #14,706
  • Apr 1, 2023 8:57pm Apr 1, 2023 8:57pm
Quoting tonyb123
{file} Evaluation accounts 80/20, Live drops to 50/50? Am I missing something?
n

yes, you are.

Those are two different kinds of accounts.
Evaluation has an evaluation, two stages. So you get a higher cut if you prove yourself and pass.

Accelerated has no evaluation. You just pay and start trading. Therefore, lower cut.

But don't feel bad...
It's the strange way they mix up the questions and answers for the different account types.
Not well made.
  • #14,707
  • Apr 1, 2023 9:44pm Apr 1, 2023 9:44pm
Quoting doyathink
{quote}n yes, you are. Those are two different kinds of accounts. Evaluation has an evaluation, two stages. So you get a higher cut if you prove yourself and pass. Accelerated has no evaluation. You just pay and start trading. Therefore, lower cut. But don't feel bad... It's the strange way they mix up the questions and answers for the different account types. Not well made.
Thank You
MY GRID. Markets are NOT random.
  • #14,708
  • Apr 2, 2023 4:45am Apr 2, 2023 4:45am
Quoting Vitore
{quote} I meant standard price for the challenge relative to the 8% total DD they allow. Others offer 10-12% for similar price so you need some discount or other benefit to offset that. In other words - their standard score is about 2.7, the promo I used improved it to about 3.4. MFF is over 7 for comparison
What are the usual spread and commission of EURUSD during European session at MyFundedFx? Is there any big slippage for just 3 lots?
  • #14,709
  • Apr 2, 2023 9:27am Apr 2, 2023 9:27am
I was going though some of the posts of the Prop telegram group and Discord. Some news that I0m not sure they were mentioned here:

1. TCF (in the meantime renamed Traders Eco) was bought by Alpha Capital Group. There is a mention in their site "We have been acquired! Create your ACG account with 30% off".
I hope they have not purchased neither that horrible customer service, neither those systems full of bugs.

2. BluFX seems to have gone down. From their discord:

Hello traders
There is no doubt that you have noticed that BluFX has been experiencing setbacks over the past few months.
This has been due to the FCA hindering our business with activities such as suspending our website without reaching out to us in any form, which is very unprofessional.
We've since been in touch with the FCA, which has been a long arduous process, but we are pursuing restitution from them for their negligence in devastating our business.
With that being said, we are still here and still pushing forward.
However, due to the fact that we are synonymous with a certain standard of service, it has become important that we must temporarily take a step back to sort this out.
It is our sincere regret to inform you that all BluFX accounts will be closed at the end of today's trading day, Friday March 10th.
We shall restructure our business rather than try to keep things going under conditions that makes it impossible to continue to provide the level of service we have been known for prior to this for over ten years of operation.
Despite our sincere apology that recent events have affected approved payouts tremendously, we assure all of our traders that we will honour all of our obligations as we continue to fight the injustice we have been served.
We will communicate further details as soon as everything is resolved.
Yours sincerely,
BluFX @everyone

3. Lots of claims against Big Pip Funding delays in providing credentials, funded accounts and payouts. This is the company owned by the guys that run the group.
  • #14,710
  • Apr 2, 2023 10:04am Apr 2, 2023 10:04am
Quoting ladder
{quote} What are the usual spread and commission of EURUSD during European session at MyFundedFx? Is there any big slippage for just 3 lots?
Sorry no idea about spread, I don't trade FX. Commission is $5/rt for FX and metals
Money is made by sitting, not trading
  • #14,711
  • Apr 2, 2023 10:52am Apr 2, 2023 10:52am
Quoting Vitore
{quote} I meant standard price for the challenge relative to the 8% total DD they allow. Others offer 10-12% for similar price so you need some discount or other benefit to offset that. In other words - their standard score is about 2.7, the promo I used improved it to about 3.4. MFF is over 7 for comparison
how you calculated the scores? you have other spreadsheet with it?
in holiday till end of November
  • #14,712
  • Apr 2, 2023 10:55am Apr 2, 2023 10:55am
Quoting Capablanca
1. TCF (in the meantime renamed Traders Eco) was bought by Alpha Capital Group. There is a mention in their site "We have been acquired! Create your ACG account with 30% off". I hope they have not purchased neither that horrible customer service, neither those systems full of bugs
-I wouldn't be surprised if this is just a rebranding attempt. Their reputation has never been good from what I can remember.
  • #14,713
  • Apr 2, 2023 10:58am Apr 2, 2023 10:58am
Quoting pipmaster77
{quote} Don't waste your money, not only does it only pay 50%, you start off paying a fee higher than allowable loss.......just like all the instant funding ripoffs.
50% and if you pay taxes, will be like 25% in some cases more, some even less

MFF RAPID has refund fee, so that instant is like free. Limit is that you can get max a 100K demo account, that will be like a a 100% payout on a 12.000$ account
Fee is 750$ so like 6%, but refunded.

Than if I understood well you should even get an additional account with 3.5% monthly profit you do, after 3 months, adding so a 10K account with 80% payout and so on..

May be the RAPID is the best and unique instant program but limited to a 12K account max?
in holiday till end of November
  • #14,714
  • Apr 2, 2023 10:59am Apr 2, 2023 10:59am
Quoting ladder
{quote} What are the usual spread and commission of EURUSD during European session at MyFundedFx? Is there any big slippage for just 3 lots?
is eightcap! so the spread you can see in a demo of eightcap, should be the same

0 commissions on indices, commodities and metals, 2.5$ per lot on FX! similar to the funded trader.

there is a free contest from yesterday! just get your account for free and you will trade with MFFX demos.
in holiday till end of November
  • #14,715
  • Apr 2, 2023 11:18am Apr 2, 2023 11:18am
Quoting forexbali
{quote} how you calculated the scores? you have other spreadsheet with it?
I calculate it myself based on the original formula which I modified to reflect the extra fee refunds which prop firms started offering (refund > 100% and all the phase 1+2 %ages you can get on top)
Money is made by sitting, not trading
  • #14,716
  • Edited Apr 3, 2023 12:02am Apr 2, 2023 11:51pm | Edited Apr 3, 2023 12:02am
Most recent web traffic data comparison of the most reputable eval props. You can see a clear separation between the big 2 and everyone else, plus get a general idea of who is stagnant vs growing.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
  • #14,717
  • Apr 3, 2023 2:10am Apr 3, 2023 2:10am
Quoting Vitore
{quote} I calculate it myself based on the original formula which I modified to reflect the extra fee refunds which prop firms started offering (refund > 100% and all the phase 1+2 %ages you can get on top)
in my spreadsheet I also include the fees refunds. ok
in holiday till end of November
  • #14,718
  • Apr 3, 2023 2:12am Apr 3, 2023 2:12am
Quoting CableJ
Most recent web traffic data comparison of the most reputable eval props. You can see a clear separation between the big 2 and everyone else, plus get a general idea of who is stagnant vs growing. {image}

from where is taken this data? I would like to add in my spreadsheet

the numbers are as what it should be, we know who are the top 6 exactly the ones in our spradsheet

missing only MFFX that I think that soon could have same traffic of e8-5ers but doesn't matter

top 4 are that ftmo-mff-tft-tff
in holiday till end of November
  • #14,719
  • Apr 3, 2023 2:24am Apr 3, 2023 2:24am
Quoting forexbali
{quote} from where is taken this data? I would like to add in my spreadsheet the numbers are as what it should be, we know who are the top 6 exactly the ones in our spradsheet missing only MFFX that I think that soon could have same traffic of e8-5ers but doesn't matter top 4 are that ftmo-mff-tft-tff
I've been tracking this for over a year, I think only the last 3 months are available for free online

www.similarweb.com
  • #14,720
  • Apr 3, 2023 3:52am Apr 3, 2023 3:52am
Quoting deekay4x
Hi I was looking at rules by fundedtradingplus for live account, it looks like once you reach 10% profit on live account, you are trading your profits for drawdown, you can only withdraw your profits after 10K ? am I missing something or this is same for all firms {image}
No you can withdraw all of your profits but then you wouldn’t have any drawdown buffer so your account would close. Whatever you leave in is your DD allowance and you can request no daily DD limit also.
61 traders viewing now