Some possible reasons for a payout cap: 1. No real trading is taking place and traders are funded purely by failed challenges. 2. Real trading is taking place, but firm does not know how to properly manage operations to ensure consistent ...

Prop Firm Hub

-It is like both, a ponzi and a casino. Either way, if no real trading is occurring and all profits are generated from signups, whether you want to call it a ponzi or a casino, it is not legal in most countries without proper licensing. No need to ...

Prop Firm Hub

-If no real trading is happening (or selling of data etc.), and traders are paid solely by profits that are generated from new signups, then by definition, it is a ponzi. To answer your other question, I will quote MFF:

Prop Firm Hub

-Absolutely. If they are not pushing trades to a live market, then their reasoning is crystal clear. Some people believe that all of these prop firms are operating like a ponzi, but I actually believe that MFF pushes trades to live market. ...

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-Well, that is what we are talking about, after all. It seems that you answered your own question. I find it disconcerting that their reasoning for the payout caps is to 'maintain payouts'. If real trading is occurring, then what is there to ...

Prop Firm Hub

-Serious question?

Prop Firm Hub

Yeah, some of these firms are thinking outside of the box in the wrong kind of way. If it doesn't benefit traders, we're not interested.

Prop Firm Hub

-Most of these programs require you to hit targets that are exactly like flipping/compounding your account (or more). Your profits serve as draw-down for the scale-up in most cases. Again, not sure about 5ers, but in most cases, the scale-up is an ...

Prop Firm Hub

-My comment was in reference to MFF, since most of the accelerated programs are structured similarly to that. I am not overly familiar with 5ers, since none of their offerings ever seemed appealing to me. Nonetheless, my previous comment still ...

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-Copied from my previous post: The problem with those direct funding, accelerated type programs where the buy-in fee matches the draw-down, is that you never really know if you are being given a large account to trade with. They could secretly match ...

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If ever you want to welcome scalpers, then you should set up your demo in such a way that will ensure more realistic trading conditions, or take other measures to make sure that a trader is not flagged or rejected for scalping. Simply changing your ...

True Forex Funds - Proprietary Trading Firm

Yeah. I suppose that most are attracted to the no-challenge, instant funding aspect of it all. And although there are some benefits to it, you just never know if you are trading a large account or not, and the fact remains that you could benefit ...

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Another one, shared on FB: url

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Good luck with everything. I look forward to seeing what sort of solutions that you come up with in an effort to better-accommodate scalpers.

True Forex Funds - Proprietary Trading Firm

-Not sure if I am understanding this correctly. For example, for the 70K aggressive, you get 17.5K instant funding. So, is it a 70K account, or a 17.5K account? If we assume that it is a 70K account, then you would get 3.5K draw-down allowance for ...

Prop Firm Hub

No thanks. I never believed their story to begin with.

Prop Firm Hub

-That would be odd, especially since they have made it clear that they are selling trading data-only, as a collective whole. Assuming that you are referring to The Funded Trader Program.

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I honestly wonder if PaulMF might be on the spectrum. If not, then maybe suffering from some kind of physical, psychological or drug-related impairment. It just seems like something is off. No judgment, either way, but I almost feel concerned for ...

Prop Firm Hub

-That's great. Really glad to hear it. I really hope that you guys will consider raising the maximum capital allocation at some point, because if I cannot set up at least (2) 200K accounts on a trade copier, then I am typically not interested. ...

E8Funding.com | You take the trades; we take the risk.

Sure. I feel you. And I do not argue that at all. Mistakes happen. Time for adjustments and learning are sometimes needed. Absolutely. The problem that I have is the response that was given to me regarding the point that I made about avoiding such ...

FTMO - For serious traders