Yes the least of their worries will be the terminology used. Deposit is a word to be avoided. Masterrmind .........

Prop Firm Hub

Same here. I'm afforded leverage of up to 1:500 on any of my live personal FX accounts. Often I trade them at 'higher risk' and may use some of the gained profit to pay for additional challenges at any Prop Firm I choose. Higher leverage as we all ...

Prop Firm Hub

For me its not so much the volume per trade but rather total exposure across all open positions and pending orders if applicable. The 100:1 is an advantage over the 30:1 in the event I wish to add volume into the favored direction or to open ...

Prop Firm Hub

FTMO I notice they now have an FTMO Swing account. In brief it provides 30:1 leverage. Same 5% max daily loss and 10% max loss and a 10% target. Trading during high impact news events is allowed. Leaving positions open through the weekend is ...

Prop Firm Hub

Each Prop Firm will have it's differences in terms of critical trading objectives. However, the common ones are: Daily Drawdown; Max Account Drawdown; Profit Target; Minimum Trading Days; Flat over the Weekend; and No trading at High Impact News ...

Prop Firm Hub

Unfortunately many great tools are available via the mql5 market and therefore more inline with commercial tools. Only other option is to hope you find a useful MT5 tool suitable for your purposes on the web or learn to code in mql5. Not many ...

Prop Firm Hub

The mql5 site should have a few floating around. The problem though is traders tend to want their own custom design meaning they can't always get exactly what they want. I for one don't like large overlapping colored rectangles covering various ...

Prop Firm Hub

Nicely done ! Masterrmind ........

Prop Firm Hub

MT5 is actually quite a good trading platform once you spend the time to get to know it. Is it the best ... no it's not ! But as you have mentioned it performs many of its operations very differently to its 'brother' MT4. I suggest you search for ...

Prop Firm Hub

July Competition is now open to all competitors. Traders interested in joining the comp please post your intentions to this thread. As always please refer to Post 1 for all the finer details. Best of trading to all who participate. I will be ...

GamblerPro

End of another monthly GPro HRT Challenge. Winner of both leaderboards was Masterrmind with a Gain in Equity of 14.4%. Post 1 will be updated to reflect the TE results. Good trading, Masterrmind ........

GamblerPro

Good to know but not critical. We all know they are not a broker. Thanks for sharing. Masterrmind ........

Prop Firm Hub

Yes it's close to a no brainer. Masterrmind ........

Prop Firm Hub

I have no idea why traders would even bother with this guy's 'recommendations'. Masterrmind ........

Prop Firm Hub

All these FTMO questions are available from either their website or YouTube channel. Masterrmind ........

Prop Firm Hub

Appreciate your comments. Best way to think about any fee given to a 'Retail Prop Firm' is that it's risk money with a high probability of loss. Some Props appear to have better odds than others initially but odds over the longer term are likely to ...

Prop Firm Hub

Perhaps each trader or those willing to participate could post their Top 3 Prop Firms. Providing that a brief but concise reason for their choice(s) is/are shown. I don't have any problem with this approach. Post 1 will remain unbiased. Masterrmind ...

Prop Firm Hub

Not a bad idea. However, I do wish to provide an unbiased listing of Retail Prop Firms in Post 1. Another issue is these Prop Firm's can go under or disappear at any time. Perhaps the best approach is to always consider the entry fee as a potential ...

Prop Firm Hub

Thanks for your input. I will add it to Post 1 on the next update. Happy trading, Masterrmind ........

Prop Firm Hub

Yes Basill the trailing DD is the worst for the trader, it's simply nasty. Traders should most definitely avoid Prop Firms with trailing DD. Masterrmind .......

Prop Firm Hub