- Search Metals Mine
- sampat replied Jan 9, 2025
I can only think of one scenario
trader is running out of all the prop firms in the world and want cushion on live as they can transfer 25K*3 = 75K instead of 15K*3 = 45K.Prop Firm Hub
- sampat replied Jan 8, 2025
There is payout consistency rule atleast 5 or more trading days must be above 0.5%. They have daily profit cap of 2% profit. Plus u need atleast 4% to be eligible for payout. This is applicable to all payout cycle.
Prop Firm Hub
- sampat replied Jan 7, 2025
Yea it meant to be otherwise whats the point
some firms like takeprofittrader put extra hurdle like once they put you on live you need to create again trailing buffer etc...Only topstep and take profit allows blowing up SIM other remaining will ...Prop Firm Hub
- sampat replied Jan 6, 2025
Only problem is Live SIM is not recyclable once you loose gone forever and you are banned from that firm....which makes me wonder one should blow accounts regularly to avoid live SIM.
Prop Firm Hub
- sampat replied Jan 4, 2025
url 2. The TRADER must not allow their Account Balance to reach or exceed the maximum intraday trailing drawdown limit, including open positions. Pro+ live account is like starting account again. You don't need a buffer but you need to create ...
Prop Firm Hub
- sampat replied Jan 1, 2025
Yes it costs 35$ if you do manual reset. But when you get rebill for next month your 33$ fees will cover it. If you blow your account it will reset automagically.
Prop Firm Hub
- sampat replied Jan 1, 2025
Yea solid broker only caveat here is any withdrawal will move your max allowed drawdown to starting balance more like futures prop firm.
Prop Firm Hub
- sampat replied Jan 1, 2025
I am trying to understand strategy of moving forward beyond one month as resets are free only if you blow account. Why not use target 1 month and even if it blows its free reset with next billing cycle.
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- sampat replied Jan 1, 2025
Canada is 2nd garbage country after US for trading. Who in the right mind move to north America as almost all the brokers with good spreads are banned. Also why to move if your trading income is so significant that you want to avoid tax why not open ...
Prop Firm Hub
- sampat replied Dec 31, 2024
Yes they are doing that to avoid chargeback I believe. Other wise no logic in purchasing individual items. One tip use chrome and press back two times you just that will do magic to avoid filling all shit again and again.
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- sampat replied Dec 29, 2024
With new rules not sure it is good idea to to even have direct accounts comparing with challenge where at max consistency is 30-40% and no profit target per payout....
Prop Firm Hub
- sampat replied Dec 29, 2024
Only if you are day trading. Interactive Brokers requires at least 2 to 2.5K to open one MNQ lot.
Prop Firm Hub
- sampat replied Dec 29, 2024
You are missing main point "GETTING PAID". 90% of traders comes to prop firm not to trade conservatively but to make quick buck. Try YOLO on both firms and see the results/ FTMO will put restrictions like you can't risk more than 1% etc or BAN you. ...
Prop Firm Hub
- sampat replied Dec 29, 2024
Traders are afraid of not getting paid and wasting time. What's the point of having candies and cake when person whom you are giving these things have diabetes. If you put effort in reading all pages in the forum you wouldn't be asking these ...
Prop Firm Hub
- sampat replied Dec 28, 2024
Agreed. My point is without promo price is like 200$ per account (including PA fees) which makes it expensive considering trailing drawdown. They are not running promo from last 1 month when everyone was expecting discount and still paid 30 million ...
Prop Firm Hub
- sampat replied Dec 28, 2024
May be but since they are not running promo tells me that they dont need new money ....I think with Pile of cash they figured out way to choose low risk traders and copy them. I can't see any other reason for not running promo...They have become ...
Prop Firm Hub
- sampat replied Dec 28, 2024
Apex is pretty lenient in terms payouts....Even if you break rules they give chance to fix it....other prop firms either put cap on payouts, move live or in case of tick tick if you risk more like max lot size they put you under probation. I think ...
Prop Firm Hub
- sampat replied Dec 28, 2024
Yep not sure why dont they spend money on technology. Same thing is true for apex
they advertise to spend millions on payouts but not sure why not on website with proper dashboard.Prop Firm Hub
- sampat replied Dec 28, 2024
They have intraday trailing with daily loss limit which is worst of both world. Only thing good about this firm is daily payout.
Prop Firm Hub