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  • #32,461
  • Mar 3, 2024 5:31pm Mar 3, 2024 5:31pm
Quoting Markula
{quote} ok nothing I didn't know, what about trailing drawdown did I say that was so wrong?
Trailing DD with prop firms isn't an issue with me. You do have to be picky with your entries and make sure your winners outpace your losers otherwise that trailing will be an account killer.
Trade with confidence, trade without fear.
  • #32,462
  • Mar 3, 2024 5:33pm Mar 3, 2024 5:33pm
Quoting Cryptosurf
{quote} Trailing DD with prop firms isn't an issue with me. You do have to be picky with your entries and make sure your winners outpace your losers otherwise that trailing will be an account killer.
yea that's what I said. I said that one must be highly consistent. that's why they have a trailing drawdown to weed out the people with a bad system.
  • #32,463
  • Mar 3, 2024 9:49pm Mar 3, 2024 9:49pm
Quoting Zuke
{quote} No I haven't had new credentials yet and like you cannot trade atm. I originally thought they had banned me due to the payout but remembered about the migration.
Got my new credentials for all my accounts. You need to go to the billing page then scroll down to look for the credential for your lastest account.
  • #32,464
  • Mar 3, 2024 10:37pm Mar 3, 2024 10:37pm
Anyone have any experience with https://kortanafx.com/ ??
The more you learn, the more you earn (Warren Buffett)
  • #32,465
  • Mar 3, 2024 11:54pm Mar 3, 2024 11:54pm
How is it that FXIFY and FundingTraders are still accepting USA traders (including brand new accounts) on mt5?

Same way a few offshore brokers are willing to onboard USA traders?
A snails pace wins the race :-)
  • #32,466
  • Mar 4, 2024 12:07am Mar 4, 2024 12:07am
Quoting procrude
Anyone have any experience with https://kortanafx.com/ ??
"Boulder" said he was using them.
Pride always comes before destruction.... -Proverbs 16:18
  • #32,467
  • Mar 4, 2024 12:18am Mar 4, 2024 12:18am
Quoting JustPipMe
How is it that FXIFY and FundingTraders are still accepting USA traders (including brand new accounts) on mt5? Same way a few offshore brokers are willing to onboard USA traders?
This is off their blog. I use them spreads are decent and have good execution. I have two accounts with them, the first one went into a major drawdown trying to get it back up. The second one is almost out of phase 1. I'm on their discord quite often and have not heard of anyone not getting paid. They had their first payout last week of over 25k I think but other than that most payouts have been kinda low. 5k and below which is right where I want to be.

https://blog.fundingtraders.com/us-m...firms-mt4-mt5/
  • #32,468
  • Mar 4, 2024 12:31am Mar 4, 2024 12:31am
Quoting woody70
{quote} This is off their blog. I use them spreads are decent and have good execution. I have two accounts with them, the first one went into a major drawdown trying to get it back up. The second one is almost out of phase 1. I'm on their discord quite often and have not heard of anyone not getting paid. They had their first payout last week of over 25k I think but other than that most payouts have been kinda low. 5k and below which is right where I want to be. https://blog.fundingtraders.com/us-m...firms-mt4-mt5/
yes, same I have 2 accounts in phase 2 with FundingTraders.
A snails pace wins the race :-)
  • #32,469
  • Mar 4, 2024 12:32am Mar 4, 2024 12:32am
Quoting procrude
Anyone have any experience with https://kortanafx.com/ ??
Yeah I've had 2 payouts from them on 200k account. One was approx 8k USD other first one was smaller.
No issues and they pay quickly. So far so good. Still using MT4 atm zenfinex. They seem best option out of the HFT prop firms.
  • #32,470
  • Mar 4, 2024 12:52am Mar 4, 2024 12:52am
Almost 2 month oanda n hantec launched their prop, still no reviews or any kind of buzz about them ,r these 2 failed project or too good too compare
  • #32,471
  • Mar 4, 2024 1:07am Mar 4, 2024 1:07am
Quoting woody70
{quote} This is off their blog. I use them spreads are decent and have good execution. I have two accounts with them, the first one went into a major drawdown trying to get it back up. The second one is almost out of phase 1. I'm on their discord quite often and have not heard of anyone not getting paid. They had their first payout last week of over 25k I think but other than that most payouts have been kinda low. 5k and below which is right where I want to be. https://blog.fundingtraders.com/us-m...firms-mt4-mt5/
that seems not right just checked their payout section on discord barely few payouts above 1k. Something doesn’t fit maybe they not letting profitable guys onboard… they are offering 300k, 500k accounts thats odd in comparison to payout proofs..
Extreme gut feeling trader
  • #32,472
  • Mar 4, 2024 1:26am Mar 4, 2024 1:26am
Quoting KarlKraus
{quote} I give in - it’s like trying to have a discussion with an infant who can produce words but has no idea what they mean or refer to.
why you offen are rude against people and same time spread around totally wrong information's?

i could understand that, when you are educated and know about the market , that you can be a little bit arrogant. but at your education level with this big mistakes in basic knowledge i would be more careful what you say. will not make you looking smart writing down mistakes and same time attack others.
  • #32,473
  • Mar 4, 2024 1:45am Mar 4, 2024 1:45am
Quoting montygoldy
{quote} that seems not right just checked their payout section on discord barely few payouts above 1k. Something doesn’t fit maybe they not letting profitable guys onboard… they are offering 300k, 500k accounts thats odd in comparison to payout proofs..
The rules for those accounts are different than 100k and below. One thing that stands out is profitable trading days. I do remember a person complaining in discord about that he thought he passed and was told he had to keep trading or something to that matter. They told him that the rules were there in plain sight and he should have read the rules beforehand. Like I said there is one for 28k and I've seen a couple of others over 5k. I don't think people like the rules of the bigger accounts so they stay away from them. Just scrolling back to December I see that there were 5 payouts over 5k. Look at the account sizes on the payouts most are small accounts so payouts will not be that much.

As far as payouts though I have not heard of someone being denied but I'm not in there 24/7 either
  • #32,474
  • Mar 4, 2024 1:50am Mar 4, 2024 1:50am
Quoting woody70
{quote} The rules for those accounts are different than 100k and below. One thing that stands out is profitable trading days. I do remember a person complaining in discord about that he thought he passed and was told he had to keep trading or something to that matter. They told him that the rules were there in plain sight and he should have read the rules beforehand. Like I said there is one for 28k and I've seen a couple of others over 5k. I don't think people like the rules of the bigger accounts so they stay away from them. Just scrolling back...
yep it gotta be rules.. but nevermind right now sticking with the bitcoin and etherium of prop industry i.e ftmo abd 5%ers until this platform issue settles everywhere else
Extreme gut feeling trader
  • #32,475
  • Mar 4, 2024 1:55am Mar 4, 2024 1:55am
Quoting montygoldy
{quote} yep it gotta be rules.. but nevermind right now sticking with the bitcoin and etherium of prop industry i.e ftmo abd 5%ers until this platform issue settles everywhere else
I don't see any platform issues for anyone else unless you're American.
  • #32,476
  • Mar 4, 2024 1:57am Mar 4, 2024 1:57am
Quoting woody70
{quote} I don't see any platform issues for anyone else unless you're American.
its there everyone is migrating and then something else comes up. I have passed skilled 8 days ago. Still no funded they said migration going on till 5th
Extreme gut feeling trader
  • #32,477
  • Mar 4, 2024 1:57am Mar 4, 2024 1:57am
Quoting woody70
{quote} The rules for those accounts are different than 100k and below. One thing that stands out is profitable trading days. I do remember a person complaining in discord about that he thought he passed and was told he had to keep trading or something to that matter. They told him that the rules were there in plain sight and he should have read the rules beforehand. Like I said there is one for 28k and I've seen a couple of others over 5k. I don't think people like the rules of the bigger accounts so they stay away from them. Just scrolling back...
in todays prop firm environment, I stop after 2% profit and wait for payout. Don’t wanna get TFT’d if you know what I mean.
A snails pace wins the race :-)
  • #32,478
  • Mar 4, 2024 2:19am Mar 4, 2024 2:19am
Quoting Cryptosurf
{quote} I will politely state, that as someone who has actively traded futures (via AMP Futures) for the past 5 years, there is money to be made everyday trading NQ, DOW, ES, 10yr, Gold and Oil. I only trade NQ and Dow, Many have gotten into BTC futures as well. It will be a learning curve coming from CFD’s. There are no overnight swaps fees with futures.
People that make money trading futures deserve my most sincere appreciation. I always found gold a fcking wild animal impossible to dominate (for me).
  • #32,479
  • Mar 4, 2024 2:24am Mar 4, 2024 2:24am
Quoting Markula
{quote} yea that's what I said. I said that one must be highly consistent. that's why they have a trailing drawdown to weed out the people with a bad system.
Trailing DD is part of the metrics the arcade game and paramount in their profitability. Each time the stop trails the probability for the house is also changing because max DD is becoming smaller and smaller (I hope this is clear to everyone).

And in funded account as soon as the DD trails until the start balance the company can 100% eliminate the risk if they want because people will be trading just their profits and not house money (apart from margin, which in day trading is neglectable).
  • #32,480
  • Mar 4, 2024 2:27am Mar 4, 2024 2:27am
Quoting woody70
{quote} This is off their blog. I use them spreads are decent and have good execution. I have two accounts with them, the first one went into a major drawdown trying to get it back up. The second one is almost out of phase 1. I'm on their discord quite often and have not heard of anyone not getting paid. They had their first payout last week of over 25k I think but other than that most payouts have been kinda low. 5k and below which is right where I want to be. https://blog.fundingtraders.com/us-m...firms-mt4-mt5/
So many props that I get confused. Is this the one by Funded engineer owners ?
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