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Anyone trading with a Prop firm 31 replies

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  • #33,201
  • Mar 17, 2024 8:59pm Mar 17, 2024 8:59pm
Quoting TortoiseFX
{quote} Hi Pipmaster77, May I ask which MT4 platform/broker you use to chart nas, dow, s&p 500? Kind regards,
Any of them will work. I use an old Coinexx account I used to trade on. I have demo with ICMarkets, Pepperstone, Tickmill....all with the same templates loaded on them.
  • #33,202
  • Mar 17, 2024 11:54pm Mar 17, 2024 11:54pm
Been away for a while. Was busy with job. Today i checked my funded skilled funded trader account not working whole firm is in turnmoil.
I think its time to say goodbye to prop firms on forex and follow the footsteps of champions to move to futures.
Anyone would like to liek to provide a step by step things to do the move to futures.
Highly apreciated as well.
Extreme gut feeling trader
  • #33,203
  • Mar 18, 2024 12:46am Mar 18, 2024 12:46am
Quoting montygoldy
Been away for a while. Was busy with job. Today i checked my funded skilled funded trader account not working whole firm is in turnmoil. I think its time to say goodbye to prop firms on forex and follow the footsteps of champions to move to futures. Anyone would like to liek to provide a step by step things to do the move to futures. Highly apreciated as well.
Have you tried The5ers.com in the past? What's your experience, if you don't mind. or if you have already shared it here before, please point it to your writings. Thank you!!!
  • #33,204
  • Mar 18, 2024 1:01am Mar 18, 2024 1:01am
Quoting vinforex7
{quote} Have you tried The5ers.com in the past? What's your experience, if you don't mind. or if you have already shared it here before, please point it to your writings. Thank you!!!
Nope.
Extreme gut feeling trader
  • #33,205
  • Edited 1:43am Mar 18, 2024 1:31am | Edited 1:43am
Quoting montygoldy
Been away for a while. Was busy with job. Today i checked my funded skilled funded trader account not working whole firm is in turnmoil. I think its time to say goodbye to prop firms on forex and follow the footsteps of champions to move to futures. Anyone would like to liek to provide a step by step things to do the move to futures. Highly apreciated as well.
Omar hasn't posted a new video in weeks, Paladin is all futures now promoting My funded futures while Riz is promoting Funded Peaks.... acknowledgment of the complete shit show going on @ SFT from the "Owners" = 0 lol

Are you in US? If not... FTMO, Alpha Capital & 5%ers are still good options that pay.
  • #33,206
  • Mar 18, 2024 1:33am Mar 18, 2024 1:33am
Quoting procrude
Can any one advice on how to contact the funded trader support? i have been sending emails to there [email protected] email but not getting any response. I have one funded account and two evaluation accounts. All the links with credentials show the same user/pass so they all take me to the funded account. I am unable to login to the evaluation accounts to trade. Now I am getting an email that if my evaluation accounts are inactive for five more days they will be closed. What kind of Garbage is that? What can I do ? I know they wont...
They seem to have changed into ticket system so I would try to open a ticket in they site to see if any of their remaining support replies
  • #33,207
  • Mar 18, 2024 1:39am Mar 18, 2024 1:39am
Quoting Capablanca
{quote} They seem to have changed into ticket system so I would try to open a ticket in they site to see if any of their remaining support replies

Hi Capablance i have DM you thanks you
  • #33,208
  • Mar 18, 2024 1:43am Mar 18, 2024 1:43am
Quote
Learn to trade on our simulated trading platform and get an opportunity to trade up to $200,000 on an FTMO Account. Receive up to 90% of profits from your simulated trades. Join FTMO, the founder of the Modern Prop Trading Industry.

I was just looking into getting a funded account and this is the tirst thing on the FTMO site - I guess that this just closes the matter ...

You do not trade real money there so they have 110% incentive that you loose money. Why any sane person would sign with them is beyond me...
  • #33,209
  • Mar 18, 2024 1:47am Mar 18, 2024 1:47am
Quote
Website Disclaimer: Alpha Capital Group Limited operates an educational and training platform for customers who want to learn how to trade effectively. All trading activity carried out by our customers is simulated or virtual trading only. As we are not carrying out any regulated investment business and we are not issuing any financial promotions, we are not required to be authorised and regulated by the Financial Conduct Authority and our services will not be covered by the Financial Ombudsman Service.

Yeah ... so goes Alpha Capital ....

That 5ers is next to review...
  • #33,210
  • Mar 18, 2024 1:50am Mar 18, 2024 1:50am
It seems all asian, western europe, south american and african countries are the list of countries banned by futures props firms. What is the reasoning behind this? Is it a regulatory issue or somethine else? The number of countries banned is longer than those allowed.

https://support.atf.com/hc/en-us/art...ry-Participate
  • #33,211
  • Mar 18, 2024 2:14am Mar 18, 2024 2:14am
Quoting montygoldy
Been away for a while. Was busy with job. Today i checked my funded skilled funded trader account not working whole firm is in turnmoil. I think its time to say goodbye to prop firms on forex and follow the footsteps of champions to move to futures. Anyone would like to liek to provide a step by step things to do the move to futures. Highly apreciated as well.
You still got the firms that banned us traders like FTMO, 5ers, ACG and I think funded engineer. Those will be probably still solid for you.
  • #33,212
  • Mar 18, 2024 2:43am Mar 18, 2024 2:43am
It comes as no surprise that all of the influencer based (FPFX) prop firms are a scam. All of easton tech, Myfundedfx, Swift funding.

The common denominator is FPFX. Avoid at all costs.
  • #33,213
  • Mar 18, 2024 3:15am Mar 18, 2024 3:15am
Quoting CableJ
{quote} Omar hasn't posted a new video in weeks, Paladin is all futures now promoting My funded futures while Riz is promoting Funded Peaks.... acknowledgment of the complete shit show going on @ SFT from the "Owners" = 0 lol Are you in US? If not... FTMO, Alpha Capital & 5%ers are still good options that pay.
Canada... follows the US footsteps.
Extreme gut feeling trader
  • #33,214
  • Mar 18, 2024 3:20am Mar 18, 2024 3:20am
Quoting Tobiazzek
{quote} You still got the firms that banned us traders like FTMO, 5ers, ACG and I think funded engineer. Those will be probably still solid for you.
Dont know how long. One thing after another. I dont wanna spend any more energy when its really uncertain now.
Extreme gut feeling trader
  • #33,215
  • Mar 18, 2024 3:57am Mar 18, 2024 3:57am
Hi, FYI if considering Funded Peaks, they changed their commission overnight from $2/lot on FX/commodities to $2/deal volume (0 - 1000). If you scalp or stack < 0.3-1 lot, be extra mindful of cost. No change in indices at present.
  • #33,216
  • Mar 18, 2024 4:32am Mar 18, 2024 4:32am
Quoting montygoldy
Been away for a while. Was busy with job. Today i checked my funded skilled funded trader account not working whole firm is in turnmoil. I think its time to say goodbye to prop firms on forex and follow the footsteps of champions to move to futures. Anyone would like to liek to provide a step by step things to do the move to futures. Highly apreciated as well.
unlucky, probably not long until it all comes crumbling down in europe too, just have to make the most of it while we still can.
as for futures firms, have you taken a look at topstep? its a slightly different model (monthly subscription), but you can trade most CME products with them, they might not allow bitcoin futures yet but 6B British Pound is definitely available, as well as all other G10. pretty decent track record too, been around since 2010
  • #33,217
  • Mar 18, 2024 5:17am Mar 18, 2024 5:17am
Quoting NrSLionHeart
Why any sane person would sign with them is beyond me...
Why ? Because there are people that know that this is a simulated thing and don't mind to play a trading videogame, where we insert coins to play and then the machine spits some coins back if we are skilled and lucky enough.

If you're looking for (online) props that send your orders to real market you'll have a hard time and will be very frustrated with the comments and analysis we do in this thread).
  • #33,218
  • Mar 18, 2024 5:24am Mar 18, 2024 5:24am
Quoting Inception12
It seems all asian, western europe, south american and african countries are the list of countries banned by futures props firms. What is the reasoning behind this? Is it a regulatory issue or somethine else? The number of countries banned is longer than those allowed. https://support.atf.com/hc/en-us/art...ry-Participate
Western (and also Eastern) Europe is allowed. From Portugal in the far west to Finland in the north east or Bulgaria in the south east I don't see any exclusion.
We see only some extreme cases of exclusions in Moldova, Ukraine, Russia or Belarus.
So I would say that most of Europe is fine.
  • #33,219
  • Mar 18, 2024 5:36am Mar 18, 2024 5:36am
Just to confirm for Apex.
1. rithmic accounts don't have a proper Android charting app for trading?
2. tradovate accounts don't have any way to monitor the trailing drawdown in real-time?

I prefer tradovate and I want access on my phone, but looks like we can't see the trailing drawdown in real-time on the app.

Any futures firm with rithmic accounts that have mobile access using ninjatrader8?
  • #33,220
  • Mar 18, 2024 6:48am Mar 18, 2024 6:48am
Quoting HengkiTjen
{quote} If you can ask for refund They won't payout if you profitable
I was just trying to help the guy out. i don't trade my accounts, they are on life support virtually dead since last year. made plenty from them they always paid, but those days are gone its seems. Sorry you got your payout denied im sure you can repeat your success at a more stable firm. GL
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