Prop Firm Hub

Quoting TrAndy1

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I also have a solution for the futures props with their trailing DD. After gambling the first phase before you get your PA accounts, because it is so cheap with 90% discounts. Then you only need to go long NQ or ES with 1 or 2 micros. You can also buy the dip on any smaller drawdown as alternative strategy. It works. The drawback is you need to be patient. But that way you can make at least 2 times full 40k from 20 accounts with each 2k payout in 1 year, because we are in bull markets. And you can make a good living from $80k payouts you can have...

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Quoting TrAndy1

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Why the futures prop do not allow to use MT5 for trading futures too ? Like AMP broker is offering and some others too. Would be good for any EA or any automation.

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Quoting ForexGalVA

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Has anyone looked into TopStep futures prop? If so, curious about your thoughts. The payout rules seem easier. DD is end of day and $2k. Need to have $200 a day 5x to take out 50% (up to 10k). Once you've had 30 days of $200/day, you can withdraw all. Over 10k is 90/10 split. $50k eval is $49. Same monthly subscription model as Apex. If you don't pass within the month you pay again. They max out at 3 accounts. I'm not with them but wondered if anyone else is or did a serious comparison between Apex & TopStep (or any other viable futures prop firm)....

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Quoting TrAndy1

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{quote} You are right. The problem I see on futures props, except Apex, that you cannot scale. You can have 1 or up to 3 small accounts like having max. $100k account on a FX prop. That way you cannot make a living. It is all about so small money that it gets ridiculous. Though I think it has a system as they do not want too profitable traders at all, who are making 5 figures or more per month. It is very easy to say that what you can get out of most of those future props is so tiny that you do not bother about them. The only exception is Apex where...

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Quoting sampat

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{quote} Kind of disagree. You start small but once you pass withdrawal threshold and keep buffer it is like unlimited scaling. For example if you make 5K profit in apex 50K account. Your daily lime is 5K and if you make 20K its 20K. Also no fees upto 25K. Thats why you see million dollar payouts in Apex you dont see in any forex prop firms including FTMO.

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Quoting TrAndy1

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{quote} The only exception is Apex where you can get like a comined $500k account on a FX prop, as it was already posted earlier here. Even that is not that huge, but good for a stable income. If you are looking to get funded like $2 mill or $3 mill you cannot do it with Future props, even you do copy trading all Future props of them.

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Quoting TrAndy1

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{quote} Agree to some extent only. Because you need to make it there that you have more room for daily drawdowns. Until then it is more limited. It is like selling a dream.

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Quoting TrAndy1

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What to do if you travel and need your same home IP address for prop trading ? You can setup your WLAN Router to make WIFI from distance, so you can travel as much as you want but if log in into internet then it is always from your home Router IP address. You need to setup login and password and enable an option that your router is from distance when you travel available. So you always login into your router when you are online. That way you have your home IP address always even you travel 1000 miles. https://www.howtogeek.com/66438/how-...from-anywhere/...

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Quoting Boulder

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{quote} Hope futures prop has no issue with ip address

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Quoting Cryptosurf

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{quote} I’ve never seen anything of the sort. I also don’t see passing services for futures as wildly seen in FX.

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Quoting sampat

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{quote} Actually they like people passing exams. They get bigger PA fees. It is wrong to compare futures prop firms with Forex. You can't YOLO as almost all of them have consistency rules on PA accounts. Also most user use Ninja trader it is difficult to use even on desktop good luck with mobile.

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Quoting Boulder

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{quote} Tell me if i am wrong, the way I understand, I paid $31 entry fee for $150K Apex, Once PA, I need to pay $280 one-time fee, so total $311 fee for one $150K with $5k DD, which is equal to $622 for $10K DD for two future accounts combined ,,, almost the same cost as in forex $100K account with $10K DD . There are no other fees in futures, am I right??

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Quoting sampat

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{quote} Why to pay one time fee? If you have 150K account you pay monthly 85$ that will cover 4-5 months of monthly fees if account survives it pays for itself. Yea but here it is more difficult as you need to pass threshold, consistency etc...Power of futures prop firm comes when you have multiple accounts like APEX

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Quoting TrAndy1

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Be careful affiliates {image}

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Quoting sampat

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{quote} Why to pay one time fee? If you have 150K account you pay monthly 85$ that will cover 4-5 months of monthly fees if account survives it pays for itself. Yea but here it kind of similar to forex but is more difficult as you need to pass threshold, consistency etc...Power of futures prop firm comes when you have multiple accounts like APEX

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Quoting sampat

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{quote} Actually they like people passing exams. They get bigger PA fees. It is wrong to compare futures prop firms with Forex. You can't YOLO as almost all of them have consistency rules on PA accounts. Also most user use Ninja trader it is difficult to use even on desktop good luck with mobile.

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