Prop Firm Hub | Page 2441 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

  • #48,801
  • May 16, 2025 5:00am May 16, 2025 5:00am
Quoting Takisd
Account restriction roulette: Myself, some friends have all traded the5ers (not cheating) and all of us are having payouts in coming days (spread from today till wednesday). What restrictions do we predict they will put on our accounts after the payouts? All are 100k funded high stakes. Payout ranges are 2-7.5k Best guess wins a virtual hug from someone who may or may not soil himself if squeezed too hard.
maybe a interview first and maybe next payouts if alot of profit 1% risk max per trade and leverage resctriction
  • #48,802
  • May 16, 2025 5:31am May 16, 2025 5:31am
Quoting Novazor
{quote} maybe a interview first and maybe next payouts if alot of profit 1% risk max per trade and leverage resctriction
It certainly will be interesting. The interview might be the most interesting actually.
  • #48,803
  • May 16, 2025 6:06am May 16, 2025 6:06am
Quoting Takisd
Account restriction roulette: Myself, some friends have all traded the5ers (not cheating) and all of us are having payouts in coming days (spread from today till wednesday). What restrictions do we predict they will put on our accounts after the payouts? All are 100k funded high stakes. Payout ranges are 2-7.5k Best guess wins a virtual hug from someone who may or may not soil himself if squeezed too hard.
Please share your experience with us.
I had an experience with 5ers, and I don't want to say anything too specific in case they're reading this forum, but it took them two weeks to pay me $500. I really had to fight to get my money
  • #48,804
  • May 16, 2025 6:09am May 16, 2025 6:09am
Quoting MoHoSK
{quote} Please share your experience with us. I had an experience with 5ers, and I don't want to say anything too specific in case they're reading this forum, but it took them two weeks to pay me $500. I really had to fight to get my money
so far everything good with them, and in the past they were good for my payouts but trading was different, i traded smaller.

I am hearing things about a lot of the "best" firms lately but wont repeat them, already people attack me for criticizing one of them for poor service.
  • #48,805
  • May 16, 2025 8:39am May 16, 2025 8:39am
Quoting Takisd
Account restriction roulette: Myself, some friends have all traded the5ers (not cheating) and all of us are having payouts in coming days (spread from today till wednesday). What restrictions do we predict they will put on our accounts after the payouts? All are 100k funded high stakes. Payout ranges are 2-7.5k Best guess wins a virtual hug from someone who may or may not soil himself if squeezed too hard.
I had there multiple payout and multiple scaling, never had any issue. However, lost the account some months ago and just got another funded one. I may have a payout soon as well, so I'm very interested in that.

I would say 1% risk per trade, except for those already abiding by it. For those they will have to invent something, like 1% max loss per day.
  • #48,806
  • May 16, 2025 8:43am May 16, 2025 8:43am
Talking about payouts, I've not been reporting recently but Maven keeps paying in just a couple of hours. No one is close to them in speed of payment. I just laugh when the others promise to pay in 48h.

I may also have an incident to report with a known prop, let me just understand what they want, because it's a bit vague, and how this is going to impact me.
  • #48,807
  • May 16, 2025 8:46am May 16, 2025 8:46am
Quoting Takisd
{quote} so far everything good with them, and in the past they were good for my payouts but trading was different, i traded smaller. I am hearing things about a lot of the "best" firms lately but wont repeat them, already people attack me for criticizing one of them for poor service.
Are those bad things also about FTMO? Would be good to have at least one firm paying out.
  • #48,808
  • May 16, 2025 9:07am May 16, 2025 9:07am
Quoting Tobiazzek
{quote} Are those bad things also about FTMO? Would be good to have at least one firm paying out.
There are many firms paying out. you just have to control how much and how often.
  • #48,809
  • May 16, 2025 9:17am May 16, 2025 9:17am
Quoting Takisd
{quote} There are many firms paying out. you just have to control how much and how often.
It's sad but it's true.
  • #48,810
  • May 16, 2025 9:22am May 16, 2025 9:22am
Quoting Takisd
{quote} There are many firms paying out. you just have to control how much and how often.
In other words, DO NOT perform to the best of your abilities, as that is punished..........crazy when you say it out loud. What other job/profession/industry punishes you for top level performance?
  • #48,811
  • May 16, 2025 9:57am May 16, 2025 9:57am
Quoting pipmaster77
In other words, DO NOT perform to the best of your abilities, as that is punished..........crazy when you say it out loud. What other job/profession/industry punishes you for top level performance?
-Indeed. We agree to the obvious conflict of interest because of the beneficial trade-off. In the case of FX brokers, we get unrealistic trading conditions with supposedly-large liquidity pools and massive leverage etc.. In the case of props, we get much of the same, in addition to fast and easy funding. In either case, it is a high-risk, high-reward scenario for traders.

I think, if it were possible to have all of the benefit, without the downside-risk of partnering with the enemy, then that would be the dream scenario. Trading with a futures broker may be the closest thing to that. Maybe Darwin, but I do not know enough about it.

It certainly is crazy, but the odds of winning are much better than what a casino can offer, and you do not even have to leave your house.
  • #48,812
  • May 16, 2025 10:08am May 16, 2025 10:08am
Quoting pipmaster77
{quote} In other words, DO NOT perform to the best of your abilities, as that is punished..........crazy when you say it out loud. What other job/profession/industry punishes you for top level performance?
I know too much at the moment so I have to tread lightly on what i say.

Most (not all) but most of the people who get big payouts are bullshitters anyway not really traders. I am not speaking about people here but the idiots on social media. They do the "account rolling". Even the friendly ones who are calling out props bad behavior they are doing this. If the industry can clear them out and prevent that behavior the big payouts wont be concerning in the future (for other reasons). I think consistency rules resolve this but for now people will buy if there is no consistency and role the dice for the payout.
  • #48,813
  • May 16, 2025 10:10am May 16, 2025 10:10am
Quoting Nsak3y
{quote}-Indeed. We agree to the obvious conflict of interest because of the beneficial trade-off. In the case of FX brokers, we get unrealistic trading conditions with supposedly-large liquidity pools and massive leverage etc.. In the case of props, we get much of the same, in addition to fast and easy funding. In either case, it is a high-risk, high-reward scenario for traders. I think, if it were possible to have all of the benefit, without the downside-risk of partnering with the enemy, then that would be the dream scenario. Trading with a futures...
as I said before, darwinex actually requires a specific type of trader. Even good traders will not be successful with Darwinex because of strategy scalability. I know that I will be stuck wasting my time with them because my main strategy isn't scalable at a level I would be happy with their splits. If someone trades eurusd or usdjpy they shouldnt have problems with them.
  • #48,814
  • May 16, 2025 11:05am May 16, 2025 11:05am
Quoting Nsak3y
{quote}-Indeed. We agree to the obvious conflict of interest because of the beneficial trade-off. In the case of FX brokers, we get unrealistic trading conditions with supposedly-large liquidity pools and massive leverage etc.. In the case of props, we get much of the same, in addition to fast and easy funding. In either case, it is a high-risk, high-reward scenario for traders. I think, if it were possible to have all of the benefit, without the downside-risk of partnering with the enemy, then that would be the dream scenario. Trading with a futures...
Darwin is the best thing I've ever come accross....just fired up my 3rd one. Goal is 10.
  • #48,815
  • May 16, 2025 11:15am May 16, 2025 11:15am
Quoting Takisd
{quote} as I said before, darwinex actually requires a specific type of trader. Even good traders will not be successful with Darwinex because of strategy scalability. I know that I will be stuck wasting my time with them because my main strategy isn't scalable at a level I would be happy with their splits. If someone trades eurusd or usdjpy they shouldnt have problems with them.
I understand what you are saying. I will do 10 and copy trade, although due to correlation I will not be eligible for their seed capital on 9 of those. However, they will all be open to investors upon reaching gold in 6 months.

I will also be putting a 100K permanent allocation on each at a cost of about $630. So a 100K with a 15% performance fee is same as purchasing a 15K personal account for $630 as I have access to the entire account, no daily /overall DD, I can blow the entire thing if I wish.

So for around $6,300, I am purchasing a $150k account which will generate a 45-50K annual income based on my performance so far with them. Not earth shattering, but the goal is obviously to attract some AUM through investors as well. Of course, will diversify with the futures props (specifically Tradeify STF accounts) to meet overall income requirements.
  • #48,816
  • May 16, 2025 11:18am May 16, 2025 11:18am
Quoting pipmaster77
{quote} I understand what you are saying. I will do 10 and copy trade, although due to correlation I will not be eligible for their seed capital on 9 of those. However, they will all be open to investors upon reaching gold in 6 months. I will also be putting a 100K permanent allocation on each at a cost of about $630. So a 100K with a 15% performance fee is same as purchasing a 15K personal account for $630 as I have access to the entire account, no daily /overall DD, I can blow the entire thing if I wish. So for around $6,300, I am purchasing a...
The issue of my strategy is purely liquidity based. Above 100 lots and the alpha disappears without having to take on larger downside equity risk. I know the Darwin guys are solid for liquidity arrangements, but i dont think any MM will take the size without widening the spread quite a bit.

Again - solid company just doesnt work for me and I am able to accept that.
  • #48,817
  • May 16, 2025 11:30am May 16, 2025 11:30am
Quoting Takisd
{quote} The issue of my strategy is purely liquidity based. Above 100 lots and the alpha disappears without having to take on larger downside equity risk. I know the Darwin guys are solid for liquidity arrangements, but i dont think any MM will take the size without widening the spread quite a bit. Again - solid company just doesnt work for me and I am able to accept that.
Understand completely. As Nsak stated, sure would be a dream come true if there were a model where the conflict of interest was gone. I believe Darwin is currently the closest thing we have to that. However, as you and I have previously discussed, it is not easily duplicated due to all of the vigorous regulations Darwinex has already obtained....not an easy barrier of entry.
  • #48,818
  • May 16, 2025 11:34am May 16, 2025 11:34am
Quoting pipmaster77
{quote} Understand completely. As Nsak stated, sure would be a dream come true if there were a model where the conflict of interest was gone. I believe Darwin is currently the closest thing we have to that. However, as you and I have previously discussed, it is not easily duplicated due to all of the vigorous regulations Darwinex has already obtained....not an easy barrier of entry.
Conflict of interest will always exist if there is a challenge phase. Including with Darwin. The main source of the pain is that the businesses themselves haven't figured out external revenues. Darwinex has that, I can see a few others trying and maybe this year someone will resolve that.

One of the main issues with trading and society in general is the inherent need to be a billionaire yesterday instead of a progressive grind. If audience accepts the progressive grind the models can have more of the conflict eliminated.
  • #48,819
  • May 16, 2025 12:49pm May 16, 2025 12:49pm
Quoting mrdfx
Ok guys, I finally managed to get under that stupid consistency rule and put in a withdrawal request with BGF. Let's hope I don't have any issues with the payout.
So its been over 72 hours and nothing so far. I contacted their support on discord to check the progress and the guy gave me the usual copy and paste replies, nothing really helpful about whats actually going on with my withdrawal request.

He basically said its under review and that I must be patient. I told him he should amend the information on their website as its misleading, no one gets their payout approved in 48 hours.
Truth is like poetry. And most people f*cking hate poetry.
  • #48,820
  • May 16, 2025 6:40pm May 16, 2025 6:40pm
Quoting mrdfx
{quote} So its been over 72 hours and nothing so far. I contacted their support on discord to check the progress and the guy gave me the usual copy and paste replies, nothing really helpful about whats actually going on with my withdrawal request. He basically said its under review and that I must be patient. I told him he should amend the information on their website as its misleading, no one gets their payout approved in 48 hours.
told ya man i have been approved … its already been more than 48h nothing!!!!

We are already past the golden time on this firm…. I remember i received my first payout of 4500 within 48h now its taking mofo years to pay measely 1500


atleast for time being aqua paying within 48h. Only cheapest reliable for now
Extreme gut feeling trader
46 traders viewing now