Were these problemas before or after they were flogged around for not granting funding based upon consistency bullshit, even when people passed challenges ? They tried to make damage control beginning of November. Not sure if they are any better ...

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That trailing stop profit until DD become initial balance is ridiculous. Top Step FX also has that BS.

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New props in the market should, at least, try to show some credibility allowing to pay with Paypal. A recent company without Paypal is difficult to even consider.

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Long time (years) in the business and plenty of payout proofs. However conditions are horrible. You have to achieve 5% to receive a payout and 10% to scale up. If you scale up the money can't be withdraw. For example, if you start with 50.000 and ...

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if target is 8% and daily max profit is 2.5% I guess the minimum needs to be, at least, 4 days.

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True Forex, can you please clarify this rule of your FAQs ? News trading You can open or close position during main macroeconomic events. But there is one exception on Funded Trader account, you can’t trade news with stop orders. This means that in ...

True Forex Funds - Proprietary Trading Firm

As information The Prop Trading sends the credential automatically by email as soon as you purchase it and they sent me phase 2 credentials automatically by email, as soon as I achieved target in phase 1 (to get funded account was about 1 week after ...

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So far I only received from The Funded Trader (by email) "The Black Friday Sale will start TODAY and run until December 1st The coupon is for 10% off + 115% refund upon passing Use Code: BlackFridaySale" I read somewhere that MFF was preparing an ...

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As I said some posts ago, I don't understand why Blake's firm (The Funded Trader) takes (officially) 9 business days to provide credentials for funded accounts, after getting the trader's agreement and documents. Two weeks for this is way to much ...

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A good thing of having experienced several props is being able to quickly screen over the rules and detect the negative points. It doesn't prevent the unknow rules/things that we were not aware, though, but that's part of the risk. For example, I ...

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Ouch, you just screwed things calculating max daily loss. It hurts....

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blue guardian capital has a minimum profit of 4% for the first withdraw EDIT: that's from a couple of minutes ago

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I have no experience with real prop trading firms but I would be surprised that some company like Bright Trading and such would be annoyed if a trader made 1M profit and would limit him for note making more than 50K, risk parameters being the same. ...

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The older and big guys like FTMO have already a goldmine of data. If we read the statement of the Traders Central guy we understand that there's a lot of analytics that can be extracted (of course he pinpointed what he wanted, but the my point is ...

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Not necessarily a ponzi, if it's sustainable long term (a ponzi is not sustainable). For example, if payouts are 1M and collected fees are 1.5M then would be a sustainable normal business, like a casino. What you quoted makes sense, assuming that ...

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Initially I thought it was a ponzi but with experience I believe that's a viable business, based in specific metrics resulting from collected fees and failed challenges / enough to pay the profit splits and make a business profit. If that's a ponzi ...

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According with their site they are based in Singapure

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If real trading was occurring they should be happy if a trader made 1M because they would get a ton of profit. Why such a stupid thing like limiting it to 4K ? They were not very clever. Everybody here knows that these business models are ...

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The only 2 positive things I see in direct funding vs own account are: 1. If we experience a huge weekend gap or a sudden thing like the CHF peg a couple of years ago. This can wipe a personal account (and even a negative balance), while in a prop ...

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Thanks, good point. US30 in FTMO is $10 per point, rigth ? The YM futures contract is $5 per point so we need to have 2 contracts to be the same. 2 contracts is $10 of slippage (1 point spread x 2 contracts x $5) and about $4.40 round turn ...

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