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  • #14,821
  • Apr 11, 2023 12:09am Apr 11, 2023 12:09am
Downtime payout for me is one of the most sensible things, specially the stupidity of down time that TFF or TFT have. This is as much important as the payout periodicity itself.
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Regulation if it comes it will be a financial one and a complete disaster for the industry. Wherever the the regulators/government touch they destroy everything.

They would oblige traders to have oficial certifications to be able trade, high capital demands from prop firms, bank guarantees, deep auditing, tax reporting, KYC until they know the color of our pants and a hundred obligations from financial regulators like SEC, ESMA, etc.

I prefer prop industry to go on being the wild west. Each one does his own due diligente and decides where to risk their money.
  • #14,822
  • Apr 11, 2023 12:25am Apr 11, 2023 12:25am
Quoting cuchuflito
{quote} Hi Ben I have 2 accounts with Stocknet, looking for a second firm, in case Stocknet one day goes bust. I am not wasting time with evaluation.MFF offers that option, but I mailed them expressing my intention of opening an account with them. They never answered, so that is a clearly negative hint. Any suggested "proppie"? And would u recmmend MFF anyway? Thanks in advance.
yeah, I’m currently with MyForexFunds. They are legit.
  • #14,823
  • Apr 11, 2023 5:34am Apr 11, 2023 5:34am
Hello Everyone,

Would like to know if anyone has any experience with Prop Firm Surge Trader & their broker Eig Cap?. Their reviews seem good, but I realize anyone can write a bogus review. Would appreciate any trader that has or is currently trading with Surge Trader to share their experience.

Best Of Trades To All.
______________________________________
  • #14,824
  • Apr 11, 2023 6:14am Apr 11, 2023 6:14am
Quoting acetrader
Hello Everyone, Would like to know if anyone has any experience with Prop Firm Surge Trader & their broker Eig Cap?. Their reviews seem good, but I realize anyone can write a bogus review. Would appreciate any trader that has or is currently trading with Surge Trader to share their experience. Best Of Trades To All. ______________________________________
The main thing with them is the trailing DD. At some point you're playing only with your profits and earning less than 100% over it.
  • #14,825
  • Apr 11, 2023 6:18am Apr 11, 2023 6:18am
Quoting acetrader
Hello Everyone, Would like to know if anyone has any experience with Prop Firm Surge Trader & their broker Eig Cap?. Their reviews seem good, but I realize anyone can write a bogus review. Would appreciate any trader that has or is currently trading with Surge Trader to share their experience. Best Of Trades To All. ______________________________________
I use Eightcap with TFTP. I've had no issues with Eightcap.
Just curious...what does Surge Trader offer that MFF,FTMO,TFF and TFTP do not? IMO, it is not even close to those 4.....what intrigues you about them?
  • #14,826
  • Apr 11, 2023 6:19am Apr 11, 2023 6:19am
[quote=Capablanca;14391088]{quote} The main thing with them is the trailing DD. At some point you're playing only with your profits and earning less than 100% over it.[/quote

Hi Capablance,
Good point. Thank you.
  • #14,827
  • Apr 11, 2023 6:25am Apr 11, 2023 6:25am
Quoting pipmaster77
{quote} I use Eightcap with TFTP. I've had no issues with Eightcap. Just curious...what does Surge Trader offer that MFF,FTMO,TFF and TFTP do not? IMO, it is not even close to those 4.....what intrigues you about them?
Hi Pipmaster,

Really nothing offered more than those you mentioned. Nothing intriguing for sure. I'm just in an exploratory faze. Taking a look @ all that I can find. From your experience, what is your preference?
  • #14,828
  • Apr 11, 2023 6:59am Apr 11, 2023 6:59am
Quoting acetrader
{quote} Hi Pipmaster, Really nothing offered more than those you mentioned. Nothing intriguing for sure. I'm just in an exploratory faze. Taking a look @ all that I can find. From your experience, what is your preference?
In order......1. MFF 2.FTMO 3.TFF 4. TFTP. If/when I add a 5th or 6th it will be E8 and/or the 5%ers newest challenge offer.
  • #14,829
  • Apr 11, 2023 8:25am Apr 11, 2023 8:25am
my second try, 10K with MFFX

reason? no limits, I will take it in relax
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in holiday till end of November
  • #14,830
  • Apr 11, 2023 8:28am Apr 11, 2023 8:28am
Quoting pipmaster77
{quote} In order......1. MFF 2.FTMO 3.TFF 4. TFTP. If/when I add a 5th or 6th it will be E8 and/or the 5%ers newest challenge offer.
I would add MFFX too while TFTP I would put in last position due to their IB rule as stop out

for crypto traders: TFF FTMO E8 the best and TFTP if they allow it, I think yes.

https://docs.google.com/spreadsheets...it?usp=sharing
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in holiday till end of November
  • #14,831
  • Apr 11, 2023 8:32am Apr 11, 2023 8:32am
I created this indicator for FX traders

if you like it, search it as "World Broker FX" in trading view. To me is very useful.

Waiting to buy fx power and fx trend on mql5 sites. Anyone using it?
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in holiday till end of November
  • #14,832
  • Apr 11, 2023 10:39am Apr 11, 2023 10:39am
Hello everyone, I'd like to ask a question and i'm sorry if it's already been asked before. I just found this thread.
I'm really bad at trading on my own because I can't really control my emotions so I taught myself how to code and I developed my own EA. It's been going great for the last 2 years and I'd love to try my luck on a funded account. However as I can see most of the prop firms require you to get 10% monthly profit to pass the challenge and a maximum overal DD of 10%.

My question is, has anyone ever successfully pass prop firm challenges using ea? which prop firms do you think is the most ea-friendly? which one has the least profit target?
  • #14,833
  • Apr 11, 2023 10:44am Apr 11, 2023 10:44am
Quoting Aldo420
Hello everyone, I'd like to ask a question and i'm sorry if it's already been asked before. I just found this thread. I'm really bad at trading on my own because I can't really control my emotions so I taught myself how to code and I developed my own EA. It's been going great for the last 2 years and I'd love to try my luck on a funded account. However as I can see most of the prop firms require you to get 10% monthly profit to pass the challenge and a maximum overal DD of 10%. My question is, has anyone ever successfully pass prop firm challenges...
I know nothing about EAs but there is some props allowing unlimited time to pass the challenges
  • #14,834
  • Apr 11, 2023 10:54am Apr 11, 2023 10:54am
Quoting Aldo420
Hello everyone, I'd like to ask a question and i'm sorry if it's already been asked before. I just found this thread. I'm really bad at trading on my own because I can't really control my emotions so I taught myself how to code and I developed my own EA. It's been going great for the last 2 years and I'd love to try my luck on a funded account. However as I can see most of the prop firms require you to get 10% monthly profit to pass the challenge and a maximum overal DD of 10%. My question is, has anyone ever successfully pass prop firm challenges...
just use a copier, and limit the drawdown based on your EA max drawdown (which is?)
in holiday till end of November
  • #14,835
  • Apr 11, 2023 10:54am Apr 11, 2023 10:54am
Quoting Aldo420
Hello everyone, I'd like to ask a question and i'm sorry if it's already been asked before. I just found this thread. I'm really bad at trading on my own because I can't really control my emotions so I taught myself how to code and I developed my own EA. It's been going great for the last 2 years and I'd love to try my luck on a funded account. However as I can see most of the prop firms require you to get 10% monthly profit to pass the challenge and a maximum overal DD of 10%. My question is, has anyone ever successfully pass prop firm challenges...
Yes I am funded and I only trade with EA's and I know of 2 other traders on this forum who are also funded and trade with EA's so it is possible as long as you have a good strategy and manage your risk to keep within the prop firms risk parameters.

And just to clarify about the % you need to make to pass, for MFF you need to get 8% for the first phase and 5% for the 2nd, thereafter there is no profit requirement.
Truth is like poetry. And most people f*cking hate poetry.
  • #14,836
  • Apr 11, 2023 10:59am Apr 11, 2023 10:59am
Quoting Capablanca
{quote} I know nothing about EAs but there is some props allowing unlimited time to pass the challenges
Unlimited time? wow could you please tell me which prop firms it is? that'd be great
  • #14,837
  • Apr 11, 2023 11:02am Apr 11, 2023 11:02am
Quoting forexbali
{quote} just use a copier, and limit the drawdown based on your EA max drawdown (which is?)
what do you mean by using a copier? could you please explain more.
my EA max dd is 12% so yeah it's more than 10% limit of prop firms. I was wondering is there a prop firm that has a dd limit of 15%?
  • #14,838
  • Apr 11, 2023 11:05am Apr 11, 2023 11:05am
Quoting mrdfx
{quote} Yes I am funded and I only trade with EA's and I know of 2 other traders on this forum who are also funded and trade with EA's so it is possible as long as you have a good strategy and manage your risk to keep within the prop firms risk parameters. And just to clarify about the % you need to make to pass, for MFF you need to get 8% for the first phase and 5% for the 2nd, thereafter there is no profit requirement.
Glad to know someone has already done it! there's a hope for me then haha. Do you mind to tell me which prop firms are you using for the EA?
  • #14,839
  • Apr 11, 2023 12:29pm Apr 11, 2023 12:29pm
hey guys is MFFX legit? anyone being paid by the yet? they seem like a great deal
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #14,840
  • Apr 11, 2023 1:24pm Apr 11, 2023 1:24pm
Quoting Aldo420
{quote} Glad to know someone has already done it! there's a hope for me then haha. Do you mind to tell me which prop firms are you using for the EA?
I am trading with MFF.
Truth is like poetry. And most people f*cking hate poetry.
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