Any decent broker has the 4 basic order: market, limit, stop market and stop limit (if we go to a broker like interactive brokers than we have dozens of order types). What you just described, even for a TP, seems a stop market order. The order is ...

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A quick description of The Funded Trader payout process (which is terrible IMO) 1. Let's say payout day is D (and D+1, etc. it's always 1, 2, 3, business days) 2. On D we go to the dashboard, section Profit share and the Request Withdraw bottom is ...

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For SL I can understand that we get slippage because a stop loss in other brokers is just that. Once the bid (in long positions) or ask (short position) hit the stop value then the order becomes a market order and may have slippage. But for TP I ...

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Commissions or slippage ?

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In MFF I notice that I get no slippage when opening order up to 4.5 lots hitting the buy / sell bottom (more than 4.5 lots I get slippage). But then I almost always close positions with TP/SL and it's rare not to have 2 or 3 pips slippage. If I ...

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I think most of the participants here don't care about them because they have a trailing drawdown which is something horrible url

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Yep. I started the challenge in Ascott broker and was changed, without notice, to their internal broker or whatever is this circus.

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I've noticed that Finotive had very wide "jumps" in EURUSD and GBPUSD many minutes after the release. It's usually in props to have this immediately after, but now so many/after several minutes. The ticker was up and down 40 pips. Didn't affect me ...

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You're not a noob but anyway I'll ask: the contract size is the same ? I'm asking this because I noticed that companies have different sizes for when trading 1 lot. Sometimes 1x, sometimes 0.1x.

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What I think is an abuse from Finotive is to ask to see the code. I would never accept that. Anyway, as I said it doesn't bother me at all because I don't use them. Anyway, being flagged without using it's a red flag for Finotive.

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Having that in the rules doesn't bother me because I don't use EA. Although I think it's an abuse. If I used EAs I would never use Finotive.

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Sorry about that. My copy / paste of email was cut. This was Finotive. I edited the post now. Just received the reply to my request to revision: Anyway I'm not happy for having been flagged for something I have no idea how to use. This is still a ...

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I received this: The funny thing is that I have not idea how to use an EA. I do everything manually in a (very) old fashioned way. Never happened this to me before in any prop firm and my operands mode is the same in all of them. Everything ...

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Just a warning for non US customers. Long time ago I looked into them because they have futures but I gave gave up because of the involved bureaucracy. One would have to get a ITIN and have some kind of annual tax report. Maybe it's easy but that ...

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I get what you say. Not defending them because we know how crook they can be, but their life sounds a mix between traders who don't understand the basic concepts of spreads, gaps, slippage, reset limits, etc. and the things that they don't control. ...

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Let's say you start with 100K account and 6% relative DD. You can lose 6K. Today you profit 4K. Tomorrow you lose 4K. You are back to the starting point (100K) but now you can lose only 2K. Besides this, if you achieve 8K in profits you have now ...

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They have relative drawdown aka trailing max loss. Something to avoid.

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Probably because "props" are in the non regulated education business while brokers are in the real thing, regulated (some may be not too much regulated when they are in soft countries, but anyway a bit more regulated than education)

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I got it as well but I did nothing

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