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Anyone trading with a Prop firm 31 replies

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  • #27,101
  • Dec 8, 2023 12:01am Dec 8, 2023 12:01am
Quoting KoyaAndy18
If anyone whos like me whos into this, alpha capital group is giving free $5k accounts Free 5k account promo Rules | Alpha Capital Help Center (alphacapitalgroup.uk)
"Free"fall has begun. They keep pushing the limits the smaller prop firms scraping for the leftovers in the wake of MFF. Another sign the end is neigh.
Which prop is up next? Just jump you know u can do it. Who cares about the chute, the cash is at the bottom. FOllow it.
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  • #27,102
  • Dec 8, 2023 12:05am Dec 8, 2023 12:05am
Quoting Onyia
{quote} hey montygold, do you know any other free prop programme this seaseon. Just passed stage one on alha capital... Help a brother out.
Hey Nigerian mate, Welcome to the forum.
  • #27,103
  • Dec 8, 2023 1:38am Dec 8, 2023 1:38am
Quoting pipmaster77
{quote} Commish....as I posted earlier, I try to avoid firms/brokers without commish....spread only is always going to cost more than a raw spread+ commish model.
Thankyou for your reply Pipmaster. God bless
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #27,104
  • Dec 8, 2023 2:13am Dec 8, 2023 2:13am
Alpha is a burning house right now.

The site is full of glitches (and this is nothing new - their site always sucked with errors), the live support takes 1 hour to respond and doesn't even bother in reading the question (they just shoot a standard response trying to address several of the common things) and email support is virtually inexistent, etc.

I hope we're not seeing the same fall that Traders Central had (which was bought by them). Right now their support and their site are at Traders Central level: a complete disaster.
  • #27,105
  • Dec 8, 2023 2:21am Dec 8, 2023 2:21am
Quoting Expo33
{quote} I finally was able to make an account about 10 minutes ago and then pass the KYJelly verification. A message popped up that said I would receive an email with the 5K credentials. I'll believe it when I see it.
Login again to dashboard go to verification page you should find "claim" Button don't wait for mail.
  • #27,106
  • Dec 8, 2023 3:04am Dec 8, 2023 3:04am
Does anyone have access to this article. Apparently its about how a TFT founder was screwed up by the other ones to be kicked off TFT
https://news.bloomberglaw.com/litiga...-sudden-ouster
  • #27,107
  • Dec 8, 2023 3:55am Dec 8, 2023 3:55am
I can't find the 60 seconds SL rule of Funding Pips. Did they eliminate it ?
https://fundingpips.com/faq?query=&tag=all
  • #27,108
  • Dec 8, 2023 7:52am Dec 8, 2023 7:52am
Hello Guys,

Any one doing a challenge with MyFlashFunding? I am currently doing a challenge with them but in one of my trades where it hit the stop loss I had a LOT more loss than my other accounts (E8 and FTMO).

Any one working with them?
Drawdown is more important than Account Size !
  • #27,109
  • Dec 8, 2023 7:58am Dec 8, 2023 7:58am
Quoting procrude
Hello Guys, Any one doing a challenge with MyFlashFunding? I am currently doing a challenge with them but in one of my trades where it hit the stop loss I had a LOT more loss than my other accounts (E8 and FTMO). Any one working with them?
Let me guess.......it was during NFP at 8:30?
They must've "slipped 'em to hell"
  • #27,110
  • Dec 8, 2023 8:03am Dec 8, 2023 8:03am
Quoting pipmaster77
{quote} Let me guess.......it was during NFP at 8:30? They must've "slipped 'em to hell"
I sent an email to there help desk and they replied with in 4 min. I was slipped at 10 pips (since I had 10 lot size). It was during NFP.

Moving forward I am staying out of there Challenge during Major News.
Drawdown is more important than Account Size !
  • #27,111
  • Dec 8, 2023 8:08am Dec 8, 2023 8:08am
I currently have Challenges with:

Funded Trader Program (Phase 1 and 2 Passed) currently a Funded Trader (Currently in little Drawdown)
FTMO
FundedNext (Phase 1 Passed)
MyFlashFunding
E8Funding

My experience with these Prop Firms have been OK. I had a funded account with FTMO which I below up after 4 payouts. So doing a new Challenge again with them.
Drawdown is more important than Account Size !
  • #27,112
  • Edited 10:56am Dec 8, 2023 10:12am | Edited 10:56am
Quoting pipmaster77
{quote} any commish $7 or less is irrelevant when getting raw spreads......5%ers, by far, have the best spreads...{image}
the problem here is metatrader platform.
you dont know for what amount is this price feed. can be 0,1 lot, 1 lot, 5 lot, 10 lot.... most of time is top of book, so 0,1 lot until 5 lot.
many broker use this numbers as show off marketing case and dont have volume behind. in a prop game can be even total different, because dont need follow market rules.
  • #27,113
  • Dec 8, 2023 11:00am Dec 8, 2023 11:00am
Are you guys interested in my Apex Prop account results? I don't want to just bomb the forum with stuff that may not be interesting to the group. If I don't see a few thumbs up I won't post about it in the future. Not here to brag as I am sure a bad day is coming soon and today was almost it but I am now up 5 days in a row. I am addicted to a chart that is new to me but probably very familiar to you futures guys; the tick chart. Not the little window in Mt4 showing every tick. This I setup to make a candle every 100-300 ticks so the graph is not based on time. Very fun! Sniping those scalps. PA sitting at $51,900 and one challenge account up $438 today using copy trades off of the PA.
I was down over $1000 today before pulling the accounts back up--extremely choppy indices today.
  • #27,114
  • Dec 8, 2023 11:10am Dec 8, 2023 11:10am
Quoting youngD
{quote} Login again to dashboard go to verification page you should find "claim" Button don't wait for mail.
Thanks, but when I go to my profile page there is nothing but my personal information.

No claim button, etc. No email. No worries, wasn't expecting anything.
Pride always comes before destruction.... -Proverbs 16:18
  • #27,115
  • Dec 8, 2023 11:48am Dec 8, 2023 11:48am
Quoting Expo33
{quote} Thanks, but when I go to my profile page there is nothing but my personal information. No claim button, etc. No email. No worries, wasn't expecting anything.
Alpha dashboard has always been very bad. Wait until you have to configure your payout bank details. Errors after errors until you manage, without knowing why, to fix it. I'm now very surprised. These are the guys that bought TCF, which had one of the least stable and reliable sites.
The positive is that once you pass the purgatory things became smooth and payouts happen in just a couple of hours.
  • #27,116
  • Dec 8, 2023 11:50am Dec 8, 2023 11:50am
Finotive got rid of that confusing 50% of DD rule. Now it's just anyone else, though they still demand 60s SL rule.
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  • #27,117
  • Edited 1:39pm Dec 8, 2023 1:05pm | Edited 1:39pm
Quoting Capablanca
Finotive got rid of that confusing 50% of DD rule. Now it's just anyone else, though they still demand 60s SL rule. {image}
Why do you quote them ? Are they not a scam company ? There was another German guy here who had passed the evaluation and then did not get his funded account with them. No answer nothing. They are just a scam. Everyone who got a payout with them was just lucky. They are very shady better not to mention that name often.
  • #27,118
  • Dec 8, 2023 2:03pm Dec 8, 2023 2:03pm
Quoting AaronPriest
{quote} Matt pulled a fast one and is advertising it in the MyFundedFutures Discord group tomorrow morning instead, to drive more traffic and get more followers for that company, LOL! You can't fill the form in early because no one knows what the link is going to be until they post it. It's a form on another site to avoid all the traffic hitting their main website. This morning it only asked for first name, last name, and email address. So either use a form filler like LastPass, etc. or type quickly! :-D
Man i tried today the mffx 5k challenge.. it was so quick didn't have the chance... opened the form right away filled it in less than 30 seconds (my personal best lol) and its already done. People must be usin some sort of edge or they be
Extreme gut feeling trader
  • #27,119
  • Dec 8, 2023 2:53pm Dec 8, 2023 2:53pm
Quoting montygoldy
{quote} Man i tried today the mffx 5k challenge.. it was so quick didn't have the chance... opened the form right away filled it in less than 30 seconds (my personal best lol) and its already done. People must be usin some sort of edge or they be
Auto fill in from browser. Once activated it is one click only and all fields are filled with personal info, that easy. It takes 1 or 2 seconds then to do this all.
  • #27,120
  • Dec 8, 2023 2:59pm Dec 8, 2023 2:59pm
Quoting TrAndy1
{quote} Why do you quote them ? Are they not a scam company ? There was another German guy here who had passed the evaluation and then did not get his funded account with them. No answer nothing. They are just a scam. Everyone who got a payout with them was just lucky. They are very shady better not to mention that name often.
I think they still pay, at least first account and not huge payouts (I was paid by them). It may be an alternative for whoever wants to try, since people don't risk too much and keep low payouts. They still have the 60s SL rule.

If we exclude from the topic companies that didn't pay or paid and closed accounts or refunded after passing challenge 2, then we will have very little to speak about.
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