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Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

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  • #14,721
  • Apr 3, 2023 6:16am Apr 3, 2023 6:16am
Quoting Fagin
{quote} 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.
https://docs.google.com/spreadsheets...it?usp=sharing

correct, in my spreadsheets all the prop programs with that IB in yellow, have this issue.

That's why MFFX can be more interesting now of FTP. Hope also FTP will do some changes, or traders will have them at the bottom of the list.
in holiday till end of November
  • #14,722
  • Apr 4, 2023 2:50am Apr 4, 2023 2:50am
Hello friends if anyone is looking for a little cash to trade you can get free cash fr 100s$ up through this airdrop.link https://t.me/AIT_AIRDROP_BOT?start=lQVgBHMHY .. got mine
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  • #14,723
  • Apr 4, 2023 4:19am Apr 4, 2023 4:19am
Quoting pipmaster77
{quote} If I were starting over TODAY and was only going to start with one firm........MFF by far would be the choice.
Thanks, i'll start with 5k evaluation, hope it would go good
  • #14,724
  • Apr 4, 2023 9:56am Apr 4, 2023 9:56am
So I passed Phase 1 of Finotivefunding. Then I asked them to check if I violated their responsible trading rule but which I know I didn't. However, it's still better if it's coming from them before proceeding to Phase 2 since sometimes I trade many and I could have lost track. (Hopefully not). I don't want to be surprised later on by them just in case after so many time have passed. Their response is surprising they gave me a link and nicely said to go to this site and do it myself?! I'm like WTF! hah hah hah. Are they serious!
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  • #14,725
  • Apr 4, 2023 10:16am Apr 4, 2023 10:16am
Quoting maflip
So I passed Phase 1 of Finotivefunding. Then I asked them to check if I violated their responsible trading rule but which I know I didn't. However, it's still better if it's coming from them before proceeding to Phase 2 since sometimes I trade many and I could have lost track. (Hopefully not). I don't want to be surprised later on by them just in case after so many time have passed. Their response is surprising they gave me a link and nicely said to go to this site and do it myself?! I'm like WTF! hah hah hah. Are they serious! {image} {image}
WTF ?! This is unacceptable. If Finotive wants to jump into the major league can't have this shady behavior. They only have to respond yes or no to a simple question.
  • #14,726
  • Apr 4, 2023 10:19am Apr 4, 2023 10:19am
Quoting Capablanca
{quote} WTF ?! This is unacceptable. If Finotive wants to jump into the major league can't have this shady behavior. They only have to respond yes or no to a simple question.
Yes, too many better options. If you expect to be disruptive in the space, you need to be ATLEAST AS GOOD as the the offers.
  • #14,727
  • Apr 4, 2023 10:45am Apr 4, 2023 10:45am
Quoting Capablanca
{quote} WTF ?! This is unacceptable. If Finotive wants to jump into the major league can't have this shady behavior. They only have to respond yes or no to a simple question.
Maybe they are still hoping I fail Phase 2. This way they dont need to do manual checking on each trades. Why they bother to make a rule like that if they dont want to check. Anyway, I hope they still verify my Phase 1. As I dont want surprises after phase 2. Then it will be too many time wasted if there is something I missed to be told later on.
  • #14,728
  • Apr 4, 2023 10:52am Apr 4, 2023 10:52am
Quoting maflip
Their response is surprising they gave me a link and nicely said to go to this site and do it myself?! I'm like WTF! hah hah hah. Are they serious!
-Kindly inform them that you have checked everything on your end, but that you want them to confirm that all is good prior to proceeding. If they keep giving you the runaround and refuse to confirm prior to proceeding to phase-2, then drop them and leave a bad review. There is no reason to put up with that. Good on you for being vigilant.
  • #14,729
  • Apr 4, 2023 11:23am Apr 4, 2023 11:23am
Quoting Nsak3y
{quote}-Kindly inform them that you have checked everything on your end, but that you want them to confirm that all is good prior to proceeding. If they keep giving you the runaround and refuse to confirm prior to proceeding to phase-2, then drop them and leave a bad review. There is no reason to put up with that. Good on you for being vigilant.
I told them just like that. And I also just checked, there shouldn't be any breaches. But I will wait what they say.
  • #14,730
  • Apr 4, 2023 12:12pm Apr 4, 2023 12:12pm
Quoting maflip
{quote} I told them just like that. And I also just checked, there shouldn't be any breaches. But I will wait what they say.
If you could then share their answer it would be very much appreciated. This topic is one of the few places where we can really get reliable information about props.
Thanks for sharing.
  • #14,731
  • Apr 5, 2023 3:42am Apr 5, 2023 3:42am
Quoting Capablanca
{quote} If you could then share their answer it would be very much appreciated. This topic is one of the few places where we can really get reliable information about props. Thanks for sharing.
Finotive replied, looking good, no breaches. On to phase 2.
  • #14,732
  • Apr 5, 2023 9:03am Apr 5, 2023 9:03am
https://nordicfunder.com/#
  • #14,733
  • Apr 5, 2023 12:49pm Apr 5, 2023 12:49pm
There's a guy in Telegram group saying that BigPip Funding did this:

Big pip funding kicked me out of telegram they tried to change website to add 1 minute rule but I was already on website with screen shot.

And he posted what seems evidence:
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This firm has been heavily promoted in the group. Apparently the owners of BigPip are the same guys running the group, which gave some illusory credibility.
At the end this seems, at the very least, a bad run operation, if not a scam. There are a couple of people claiming about delays on credentials and payouts.
  • #14,734
  • Apr 5, 2023 1:17pm Apr 5, 2023 1:17pm
Quoting Capablanca
There's a guy in Telegram group saying that BigPip Funding did this: Big pip funding kicked me out of telegram they tried to change website to add 1 minute rule but I was already on website with screen shot. And he posted what seems evidence:{image} {image} {image} This firm has been heavily promoted in the group. Apparently the owners of BigPip are the same guys running the group, which gave some illusory credibility. At the end this seems, at the very least, a bad run operation, if not a scam. There are a couple of people claiming about delays...
which group? is it from ""propfirm" group or else
  • #14,735
  • Apr 5, 2023 4:01pm Apr 5, 2023 4:01pm
Quoting Capablanca
There's a guy in Telegram group saying that BigPip Funding did this: Big pip funding kicked me out of telegram they tried to change website to add 1 minute rule but I was already on website with screen shot. And he posted what seems evidence:{image} {image} {image} This firm has been heavily promoted in the group. Apparently the owners of BigPip are the same guys running the group, which gave some illusory credibility. At the end this seems, at the very least, a bad run operation, if not a scam. There are a couple of people claiming about delays...
A scam

You need a timer with them you can push for every new trade. Make sure it *dings* before you put a profit target.
  • #14,736
  • Apr 5, 2023 4:54pm Apr 5, 2023 4:54pm
The same people pimping blueforexfunds and firstclassforexfunds are now pimping nova-trading.

If once, and twice isn't enough times to get scammed. Try third time.
  • #14,737
  • Apr 5, 2023 8:24pm Apr 5, 2023 8:24pm
Quoting Takisd
The same people pimping blueforexfunds and firstclassforexfunds are now pimping nova-trading. If once, and twice isn't enough times to get scammed. Try third time.
My question is....how does one go about joining one of these firms......It's like "hmmmmm, here is MFF and FTMO paying out millions, solid reputation from traders actually using them for several years, or I could even join TFTP, TFF, maybe even E8, they're all pretty good too, nah, fk it, I'm gonna join this brand new firm with the CEO being interviewed in his bedroom and the curtains blowing around, flapping from the fan because he doesn't have AC....yep, this is the one!"
  • #14,738
  • Apr 5, 2023 8:58pm Apr 5, 2023 8:58pm
Quoting forexbali
{quote} https://docs.google.com/spreadsheets...it?usp=sharing correct, in my spreadsheets all the prop programs with that IB in yellow, have this issue. That's why MFFX can be more interesting now of FTP. Hope also FTP will do some changes, or traders will have them at the bottom of the list.
Hi Forexbali, i don't understand Ratio P/DD meaning, can you explain this. Thanks
  • #14,739
  • Apr 6, 2023 12:16am Apr 6, 2023 12:16am
Quoting inversio
{quote} which group? is it from ""propfirm" group or else
Yep, that group
  • #14,740
  • Apr 6, 2023 1:11am Apr 6, 2023 1:11am
Also copies from the group. Now about 5ers. Could be nothing but better be alert:

Hello everybody,
I bought the highest balance instant funding from the5ers two months ago, After withdrawing a small profit from level 1,2 then I decided to leave all my splits when trading level 3 and passed it.

Then when I tried to withdraw all of my splits when I was at level 4, which equals almost 12k USD, a guy named Ruben Abitbol emailed me that they would take 3% fee for withdrawing over 5k USD to deel. I accepted, but then he sent me another email asking for an interview and I accepted too.

During the interview, he asked me about the strategy I used, I explained through my trading method, but I didn't want to share the details of mine as a secret. Then he suggested he reduce my account leverage from maximum 1:10 to 2 lots (for 320k balance account), I dealt with him with a maximum of 4 lots and he agreed.

But after the interview, He sent me an email refusing to continue service and he will not send my payout, because my strategy raised suspicion (just because I want to keep a secret part), even though I showed that I can pre-analyze the market next week and the zones I can short UJ. He also accused me of using gambling and one-sided trades in spite of the fact that I represented in the interview I am a trend follower.

I have no problem if they take back the live account but they do not want to pay my profit splits either. It is written in their rules that traders could get profit when the account is terminated. He said he only gave back to me my registered payment which I still do not receive now.
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