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  • #33,741
  • Mar 30, 2024 10:59pm Mar 30, 2024 10:59pm
Quoting Nsak3y
I am going to go out on a limb here and say that the lower-level operators have already infiltrated the Futures prop space. Found this "gem" that offers 25 PA accounts: https://precisionfunding.vip/
killer :-(

even made the logo look like atf. Pathetic.
A snails pace wins the race :-)
  • #33,742
  • Mar 30, 2024 11:10pm Mar 30, 2024 11:10pm
Quoting DwnUndrTrdr
Any of these futures prop firms operating without “trailing threshold”? Thanks
Another alternative will be end of day drawdown..
Extreme gut feeling trader
  • #33,743
  • Mar 30, 2024 11:25pm Mar 30, 2024 11:25pm
Quoting JustPipMe
killer :-(
-If it's legit, then I'm all for it. But... the website is atrocious and screams stay away.
  • #33,744
  • Mar 30, 2024 11:44pm Mar 30, 2024 11:44pm
Quoting Nsak3y
{quote}-If it's legit, then I'm all for it. But... the website is atrocious and screams stay away.
personally I think too many futures props would be poisonous to the space. even if run by legit, non-Scamgelos.

would rather have the flood of $$ go into the top 3-5 futures prop firms - let them sit on a shit-ton of money so traders get paid.
A snails pace wins the race :-)
  • #33,745
  • Mar 30, 2024 11:45pm Mar 30, 2024 11:45pm
Quoting Nsak3y
{quote}-If it's legit, then I'm all for it. But... the website is atrocious and screams stay away.
Yeah, I discovered that one last week, along with:

https://www.flexytrade.com/ another 90% off, 20 account firm.

If these 2 are legit, we can now copy 65 accounts....just need a few ticks per day.
  • #33,746
  • Mar 30, 2024 11:48pm Mar 30, 2024 11:48pm
Quoting JustPipMe
{quote} personally I think too many futures props would be poisonous to the space. even if run by legit, non-Scamgelos. would rather have the flood of $$ go into the top 3-5 futures prop firms - let them sit on a shit-ton of money so traders get paid.
Yes, just like the forex prop space was 3 years ago. I agree 100%. Unfortunately, we couldn't stop them then and we can't stop them now.
  • #33,747
  • Mar 30, 2024 11:48pm Mar 30, 2024 11:48pm
Quoting pipmaster77
{quote} Yeah, I discovered that one last week, along with: https://www.flexytrade.com/ another 90% off, 20 account firm. If these 2 are legit, we can now copy 65 accounts....just need a few ticks per day.
what if the best trader ever to walk the earth shows up as their 5th trader to sign up?

how will he get paid?
A snails pace wins the race :-)
  • #33,748
  • Mar 31, 2024 12:06am Mar 31, 2024 12:06am
Quoting JustPipMe
{quote} what if the best trader ever to walk the earth shows up as their 5th trader to sign up? how will he get paid?
Great point and why (for same reasons 3 years ago), we should stick with the proven, paying firms. Perhaps it's different in futures....is there a business in a box, is there an easton tech type company, is there an fpfx?
I mean this one offers a rithmic feed and quantower, maybe there are some serious capital requirements to be able to offer these things as well as Ninja, Tradeovate, etc..... vs. how easy it was to start a forex prop? I truly have no idea, cannot even speculate.
I am only trading apex with the goal of amplifying my personal account.....same as I was doing with forex. Problem is, being in the US, there is not one good place to trade forex (personal or prop).....so everything (personal and prop) getting dumped into futures.
  • #33,749
  • Mar 31, 2024 12:33am Mar 31, 2024 12:33am
Quoting pipmaster77
{quote} Great point and why (for same reasons 3 years ago), we should stick with the proven, paying firms. Perhaps it's different in futures....is there a business in a box, is there an easton tech type company, is there an fpfx? I mean this one offers a rithmic feed and quantower, maybe there are some serious capital requirements to be able to offer these things as well as Ninja, Tradeovate, etc..... vs. how easy it was to start a forex prop? I truly have no idea, cannot even speculate. I am only trading apex with the goal of amplifying my personal...
I read NinjaTrader not taking on any new futures props. Unverified source but can dig up where I read it, if anyone cares enough. I don’t, haha.
A snails pace wins the race :-)
  • #33,750
  • Mar 31, 2024 12:51am Mar 31, 2024 12:51am
Quoting Eren10
{quote} Will be worth it if they give 50% discount Else Alpha Capital will give 40% .
I would rather pay 200% with ICM then 10% with Alpha. If you get it back with first payout then why does it matter? The only problem is ICM freezing demo compared to Live account, wonder how they can solve that.
PVSRA
  • #33,751
  • Mar 31, 2024 1:03am Mar 31, 2024 1:03am
Quoting pipmaster77
Yeah, I discovered that one last week, along with: https://www.flexytrade.com/ another 90% off, 20 account firm. If these 2 are legit, we can now copy 65 accounts....just need a few ticks per day.
-Thanks for sharing. This one looks way better in terms of website appearance. Yeah, 65 accounts would be stupidly easy. And awesome.
  • #33,752
  • Mar 31, 2024 1:06am Mar 31, 2024 1:06am
Quoting pipmaster77
I mean this one offers a rithmic feed and quantower
-The simple fact that they cannot interfere with the data feed (presumably) and the products are regulated, should hopefully set these props apart from their FX counterparts.
  • #33,753
  • Mar 31, 2024 1:09am Mar 31, 2024 1:09am
Quoting JustPipMe
personally I think too many futures props would be poisonous to the space. even if run by legit, non-Scamgelos. would rather have the flood of $$ go into the top 3-5 futures prop firms - let them sit on a shit-ton of money so traders get paid.
-Absolutely. And preferably 3 to 5 props that offer 10 or more accounts at one time.
  • #33,754
  • Mar 31, 2024 1:18am Mar 31, 2024 1:18am
Quoting pipmaster77
quantower
-Speaking of Quantower, I am actively working on trying to transition to QT. I am in contact with a programmer that might be able to convert two TradingView indicators so that they work in QT. If I can manage that, then I should be golden. I know you mentioned it, but I do not like the idea of using MT5 for charting and QT for trades. I am just too OCD for that. Worse-case, I will compromise though.

By the way, I noticed that AMP offers a fully-licensed version of QT for trading, whereas Apex doesn't. I wonder if we are able to use the fully-licensed version that AMP offers, for copying trades to Apex? I see that flexytrade also offers a fully-licensed version. I do not know enough about it to know if having different data providers would be problematic for the copier. I suspect that it wouldn't. Just thinking out loud.
  • #33,755
  • Mar 31, 2024 2:01am Mar 31, 2024 2:01am
Quoting Nsak3y
{quote}-Speaking of Quantower, I am actively working on trying to transition to QT. I am in contact with a programmer that might be able to convert two TradingView indicators so that they work in QT. If I can manage that, then I should be golden. I know you mentioned it, but I do not like the idea of using MT5 for charting and QT for trades. I am just too OCD for that. Worse-case, I will compromise though. By the way, I noticed that AMP offers a fully-licensed version of QT for trading, whereas Apex doesn't. I wonder if we are able to use the fully-licensed...

It should just require logging in with a separate account, and since it's fully licensed 2 simultaneous logins should be a go.
  • #33,756
  • Mar 31, 2024 2:08am Mar 31, 2024 2:08am
Quoting CableJ
It should just require logging in with a separate account, and since it's fully licensed 2 simultaneous logins should be a go.
-That's good to know. Thanks. I wonder if having 2 separate logins for the same data provider would put you at risk of being labeled as a professional?

Someone on reddit was telling me that some providers will label you as a professional, just for trading as an LLC. I cannot believe that.
  • #33,757
  • Mar 31, 2024 2:23am Mar 31, 2024 2:23am
Quoting eyefeelsix
Hi guys, is there any latest news about the MFF case? They still owe me btw, hopefully they haven't disappeared lol
MFF is dead. But very good news for world traders...IC Markets have now prop firm. But don't accepting USA traders.
  • #33,758
  • Mar 31, 2024 3:34am Mar 31, 2024 3:34am
If you are CEO Of Prop BS on twitter dm me please. I suspect its someone from here and want to confirm.
  • #33,759
  • Mar 31, 2024 4:21am Mar 31, 2024 4:21am
HAPPY EASTER ! A good overview about cost from different Futures prop here: https://www.rydah.net/funded-futures...reakdown-costs
  • #33,760
  • Edited 5:06am Mar 31, 2024 4:49am | Edited 5:06am
Quoting Takisd
If you are CEO Of Prop BS on twitter dm me please. I suspect its someone from here and want to confirm.
What is your question? If I am the CEO of IC Funded?
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