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Anyone trading with a Prop firm 31 replies

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  • #48,261
  • Apr 17, 2025 11:01am Apr 17, 2025 11:01am
Quoting TU2023
{quote} Thanks @Th3W1z4rd. good idea, but I am not sure what kind of the problems this TAKEPROFITTARDER would create in future. Trying to go with easy ones with good policy and support. I tried them because of their 25K with EOD DD, even though it becomes Trailing DD in PRO. in my opinion, TakeProfitTrader is NOT WORTH the Efforts and Money.
I'm new to this too. It seems the safest one to start with is FTMO.
  • #48,262
  • Apr 17, 2025 1:52pm Apr 17, 2025 1:52pm
Not simple market btw.
not to me, maybe I was not well focused last days

Triick I used today after I took heavy loss yesterday:
if I want to buy, I need to buy lower than expected.
if I want to sell, I need to sell higher than expected.
furthermore, today and yesterday, when there is opportunity buy, I first find better to scalp sell.
and opposite.
90% of traders use TA, indicators and prediction
  • #48,263
  • Apr 17, 2025 2:24pm Apr 17, 2025 2:24pm
Does anyone know a real prop firm that its business model is not completely based around "challenge fees" and actually want traders to win and not have contradictory interest ( I want to win but they want me to lose ). Trading itself is very competitive and these "props" make it even harder than it needs to be with their nonsensical rules, basically made-up rules to increase your chance of failing?
  • #48,264
  • Apr 17, 2025 4:24pm Apr 17, 2025 4:24pm
Quoting aliagaragar
Does anyone know a real prop firm that its business model is not completely based around "challenge fees" and actually want traders to win and not have contradictory interest ( I want to win but they want me to lose ). Trading itself is very competitive and these "props" make it even harder than it needs to be with their nonsensical rules, basically made-up rules to increase your chance of failing?
Topstep
  • #48,265
  • Apr 17, 2025 4:41pm Apr 17, 2025 4:41pm
Quoting _BBKing_
Not simple market btw. not to me, maybe I was not well focused last days Triick I used today after I took heavy loss yesterday: if I want to buy, I need to buy lower than expected. if I want to sell, I need to sell higher than expected. furthermore, today and yesterday, when there is opportunity buy, I first find better to scalp sell. and opposite.
I did a big BS today in my bluguardian eval account which i signed up today.

Guardian 50k plan.

Profit target 4000 and EOD loss breach 2500. Consistency 40 %.

Since thursday open, i traded sincerely and booked 3005 dollars early in asia. then realized that, I made more than 40 % consistency ( infact 75 % in a day )

After realizing that, i made valiant eftort to remove 1400 dollar profit .

Now the EOD profit is 1596.

lol
Intraday only.
  • #48,266
  • Apr 17, 2025 8:27pm Apr 17, 2025 8:27pm
Quoting aliagaragar
Does anyone know a real prop firm that its business model is not completely based around "challenge fees" and actually want traders to win and not have contradictory interest ( I want to win but they want me to lose ). Trading itself is very competitive and these "props" make it even harder than it needs to be with their nonsensical rules, basically made-up rules to increase your chance of failing?
i personally like Tradeify
they also give you a very good journal included in your dashboard
90% of traders use TA, indicators and prediction
  • #48,267
  • Apr 17, 2025 8:50pm Apr 17, 2025 8:50pm
Quoting wansiman
{quote} Topstep
Since when does Topstep not have challenge/evaluation fees? They are actually the most expensive all-in cost of all of them. Every prop that is paying you on a live sim account loses when you win......where do you think the money to pay you is coming from.
It isn't until they put you on an actual live account, that the interests of both parties align, but even then they are getting 10%, I'm sure they are way more interested in getting more people to fail the evaluation(s) than the 10% you are making them on live (which most never get to).
I know that sounds anti-prop, but I use 4 of them and I used 5 of them on the forex side prior to switching to futures.......as long as they pay, I truly don't care where the money comes from. You just accept what you are getting into.
  • #48,268
  • Apr 17, 2025 11:38pm Apr 17, 2025 11:38pm
Quoting TU2023
{quote} Thanks @Th3W1z4rd. good idea, but I am not sure what kind of the problems this TAKEPROFITTARDER would create in future. Trying to go with easy ones with good policy and support. I tried them because of their 25K with EOD DD, even though it becomes Trailing DD in PRO. in my opinion, TakeProfitTrader is NOT WORTH the Efforts and Money.
I am the opposite i think they are great..... Just if you get over the Biggest hump that is TRAILING DRAWDOWN btw i have no issues with trailing COZ last year i have spent close to 60k with APEX which helped me build confidence when it come to trailing....... Then easily can pull 1k( 80%) a day just by having 5x25k and making 200 a day.... Thats what my plan is...... With next payout going to buy TPT evals....
Extreme gut feeling trader
  • #48,269
  • Apr 17, 2025 11:43pm Apr 17, 2025 11:43pm
Quoting wansiman
https://www.fundednetwork.online/ Anyone trading with this "prop firm"
If its not .com then not worth while to spend a single breath on them......

Btw why you even want to look in to them. I mean there are already established firms why not get max funded with them first????


Only reason i responded coz i see you been a old member


Also what this nonsense of banner they have
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Extreme gut feeling trader
  • #48,270
  • Apr 18, 2025 1:19am Apr 18, 2025 1:19am
Quoting montygoldy
{quote} I am the opposite i think they are great..... Just if you get over the Biggest hump that is TRAILING DRAWDOWN btw i have no issues with trailing COZ last year i have spent close to 60k with APEX which helped me build confidence when it come to trailing....... Then easily can pull 1k( 80%) a day just by having 5x25k and making 200 a day.... Thats what my plan is...... With next payout going to buy TPT evals....
Hi, Thanks
You are trading like a superman. I admire that.

Yes, their offering is good on paper, also I okay with trailing dd.

when their support says "Cancel the account for refund" after creating the PRO account shows they don't know their own system.

first, I can not cancel the test account which was disabled after the PRO account creation, which is in PENDING state.

second, even if they meant to cancel the PRO account, there is no subscription fee for the PRO and I can not cancel that one either.

It had been 9 days and I still don't get a response for this issue. I follow up and follow up, they are silent.

due to my personal experience with TakeProfitTrader, I decided it is not worth my efforts and money.

There are other great firms to pursue with good policy, support and discord group.

(there were 2 contracts to sign with TakeProfitTrader, I dont remember the exact name of the other one, like Manager agreement or something, that went through)

I had cleared Tradeify, their on-boarding is breeze, with few clicks, got the funded accounts.
I had issues with TopStep, their support is excellent and able to resolve within few hours.
Apex, though I dont accounts yet, they answered my questions in email swiftly.
TickTickTrader is communicating and resolved the payout issues and sent the payments without any issues.

That is how I decided, this TakeProfitTrader is no go for me unless someone from them resolves this on-boarding issue at least coming week.
But I seriously doubt they would do.
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  • #48,271
  • Apr 18, 2025 1:28am Apr 18, 2025 1:28am
Quoting Expo33
City Traders Imperium consistency rule is possibly the dumbest thing I've ever seen. Their example is beyond stupid. Not to mention they couldn't even get the math right on Trader A and their explanation below is all messed up. So trader A is your guy? The guy who loses 5% of his account in one day and 2.5% on another day? And trader C is a lowly scrub who relies on luck? {image}
looking at this table, Trader C has my vote.
very disciplined,
cuts losses short,
and let the the profits run.
  • #48,272
  • Apr 18, 2025 1:31am Apr 18, 2025 1:31am
Audacity Capital

I'd hinted previously that I have had issues with Audacity, since it would be a gargantuan effort in both time and energy to go legal with them - which I am well within my rights and position to do so - I am happily sharing my experience online. I've submitted my Trustpilot review this morning, and here's what it states...

TLDR Version:

  1. Bought 2 prop firm accounts (July '24), one funded ($120k) after passing.
  2. Received one payout (Dec '24) after meeting requirements.
  3. Account suspended (Jan '25) due to their "liquidity provider issues," unrelated to my trading, resulting in ~$8k profit wiped out from closed and open trades.
  4. They refused to provide specific reasons or the "policy" for the profit exclusion/cancellation, citing vague reasons.
  5. After more profit, a withdrawal request for ~$2k was denied, account closed, and I was banned for alleged "Dollar Cost Averaging" (DCA) despite denying it and me offering unequivocable proof.
  6. Their unjustified issue with my trading style only arose after I generated significant profits and tried withdrawing.
  7. Total profit denied: $10,217.92. Avoid this firm due to unprofessional handling of issues and unsubstantiated accusations.

Full Experience Review Posted to Trustpilot

Honestly, based on my experience, I'd say steer clear of this prop firm. I bought two Ability Challenge accounts back in July '24, passed one ($120k funded), the other still evaluating.

Got one payout in Dec '24 after hitting profit targets and consistency rules.

Then, on Jan 22nd '25, while trading well with around $9.5k profit banked and over $3k in open profit, Audacity's Risk Dept suddenly suspended my account. Their reason? Issues with their liquidity provider – nothing to do with my trading.

After eight days and a load of back and forth chasing, my account was finally back online. BUT – they'd wiped out $4,936.28 of my already banked profit, AND they cancelled open trades showing $3,105.61 profit – completely erased them. That's $8,041.89 profit gone.

Their email gave a bunch of vague reasons for the exclusions and cancellations, all their fault with the liquidity provider. They claimed it hit other traders too.

I was totally professional in all my messages, trying to get proper explanations and my money back.

I asked for specific reasons for each excluded trade, since they said they investigated – they never provided any. Just the same generic stuff repeated.

They flat-out refused any compensation, just saying "liquidity provider problem, our policy allows this."

I asked for the policy they were talking about – they never sent it.

Meanwhile, I kept trading and making profit.

Trying to recover the lost profit and keep things civil, I even offered a few solutions, and they finally, reluctantly, agreed to bump my payout from 75% to 85% to help me claw it back over time.

After generating even more profit, I put in another withdrawal for $2,176.03 profit – they denied it! Account closed, completely banned from trading with them ever again. Their excuse? "Dollar Cost Averaging" (DCA), which they said is a prohibited strategy.

Again, professionally, I told them I don't use DCA and offered a Zoom call to share my screen and show them my entire setup – even offered ideas to prove my trading was fine. They refused. To be clear, my trading style and strategy hadn’t changed in all the time I’d traded with them from July ‘24! But now, after I’ve generated great profit in a short amount of time, they have an issue with it!

I thought about legal action to get the money back, but honestly, it'd be a long shot, more money down the drain. Better to put my energy into legit prop firms.

So, they've denied me $10,217.92 total profit, banned me, refused to understand my trading properly, never sent their "policy," couldn't say how many others were affected by their "liquidity issues" (and no one else mentioned it anywhere online!), couldn't give specific reasons for trade exclusions and only had an unjustified issue with my trading after I’ve tried withdrawing great profits from them.

I've got all the emails and proof.

I bet they'll come back with their usual line about me supposedly exploiting their conditions and using a banned style – which is completely false, and I can prove it, but they don't want to listen.

If they were allowing trading of real funds, they'd have sorted this out with me when I was making good profit. Instead, they just shut me down with no justified explanation, no policy to back it up, and without hearing the facts - I was obviously costing them money as I'd guess they only offer “simulated” accounts.

Seriously, avoid them now before they do the same to you.

I am open to communicate with anyone who may have questions on any of this

  • #48,273
  • Apr 18, 2025 4:27am Apr 18, 2025 4:27am
Quoting montygoldy
{quote} If its not .com then not worth while to spend a single breath on them...... Btw why you even want to look in to them. I mean there are already established firms why not get max funded with them first???? Only reason i responded coz i see you been a old member Also what this nonsense of banner they have {image}
I got a email from them, don't know how they got my email address.It all sounds to good to be true and i didn't trust them from the first look at it. But i was wondering if there are people trading with them and there experience .
  • #48,274
  • Apr 18, 2025 4:37am Apr 18, 2025 4:37am
Quoting pipmaster77
{quote} Since when does Topstep not have challenge/evaluation fees? They are actually the most expensive all-in cost of all of them. Every prop that is paying you on a live sim account loses when you win......where do you think the money to pay you is coming from. It isn't until they put you on an actual live account, that the interests of both parties align, but even then they are getting 10%, I'm sure they are way more interested in getting more people to fail the evaluation(s) than the 10% you are making them on live (which most never get to)....
People should start trading with prop firms after they have learned to trade and don't have enough capital to trade for themselves. The sign up fee and activation fee for a 50 k account cost you only $ 200 for a lot of leverage.
  • #48,275
  • Apr 18, 2025 4:46am Apr 18, 2025 4:46am
Quoting wansiman
{quote} Topstep
TopStep business is to make profit from fees when people lose. A winning trader is a liability to TST
  • #48,276
  • Apr 18, 2025 4:50am Apr 18, 2025 4:50am
Quoting pipmaster77
{quote} Since when does Topstep not have challenge/evaluation fees? They are actually the most expensive all-in cost of all of them. Every prop that is paying you on a live sim account loses when you win......where do you think the money to pay you is coming from. It isn't until they put you on an actual live account, that the interests of both parties align, but even then they are getting 10%, I'm sure they are way more interested in getting more people to fail the evaluation(s) than the 10% you are making them on live (which most never get to)....
Exactly. And when they move people to live:
1. They only make 10%
2. We know most of the traders are losers and making 10% means they would need to have 9 out of 10 traders winning to break even

It's just like you say: milk them while they last. The money is coming from other trader's pockets. Who cares ? It happens the same in sports betting, casinos, poker, lotteries, etc.

If people find this cruel, they should step away from props.
  • #48,277
  • Apr 18, 2025 4:52am Apr 18, 2025 4:52am
Quoting wansiman
{quote} I got a email from them, don't know how they got my email address.It all sounds to good to be true and i didn't trust them from the first look at it. But i was wondering if there are people trading with them and there experience .
if you get a email then you like me i get so many of them … its because most of the ffirm get easily hacked and youre info is bought by these scammy websites..
Extreme gut feeling trader
  • #48,278
  • Apr 18, 2025 4:54am Apr 18, 2025 4:54am
Quoting TU2023
{quote} Hi, Thanks You are trading like a superman. I admire that. Yes, their offering is good on paper, also I okay with trailing dd. when their support says "Cancel the account for refund" after creating the PRO account shows they don't know their own system. first, I can not cancel the test account which was disabled after the PRO account creation, which is in PENDING state. second, even if they meant to cancel the PRO account, there is no subscription fee for the PRO and I can not cancel that one either. It had been 9 days and I still don't...
i agree their process is non existent… i passed them before had to contact support for each thing…. But in my case 9-5 when support team is available i hop on the chat the issue is resolved right away…..
Extreme gut feeling trader
  • #48,279
  • Apr 18, 2025 4:55am Apr 18, 2025 4:55am
Quoting Capablanca
{quote} Exactly. And when they move people to live: 1. They only make 10% 2. We know most of the traders are losers and making 10% means they would need to have 9 out of 10 traders winning to break even It's just like you say: milk them while they last. The money is coming from other trader's pockets. Who cares ? It happens the same in sports betting, casinos, poker, lotteries, etc. If people find this cruel, they should step away from props.
trading is like addiction once you start cant go back…
Extreme gut feeling trader
  • #48,280
  • Apr 18, 2025 5:50am Apr 18, 2025 5:50am
Quoting Capablanca
{quote} Exactly. And when they move people to live: 1. They only make 10% 2. We know most of the traders are losers and making 10% means they would need to have 9 out of 10 traders winning to break even It's just like you say: milk them while they last. The money is coming from other trader's pockets. Who cares ? It happens the same in sports betting, casinos, poker, lotteries, etc. If people find this cruel, they should step away from props.
I am sure they copy good live traders and make a lot more than 10 %
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