Introducing Brokers (IBs) + Proprietary Trading Firms 4 replies
Broker vs. Proprietary trading firm 8 replies
Career in Proprietary Trading Firms 3 replies
No proprietary trading for banks 17 replies
I invested my money and time in them and quite a few which are not listed here.
I concluded that these are prop firms for my trading attitude. your choice might be different, that is fine.
the ultimate goal should be to have at least one 100K account with the prop firm of your choice.
In the next post, I will share about my experience with one of the broker.
DislikedMyForexFunds aka MFF refused to pay my Bonus $4,319.44 for the trading week ending 9/11 The file has the complete story {image}Ignored
Disliked{quote} Real sorry to hear about this. Hope it gets fully resolved. But you mentioned you went straight in for a 500k ... at $495 fee for each $100k you paid approx $2,500 in fees assuming the latest offer they are promoting (unless you got an extra special deal?). The fees they have paid back to you plus you say they were offering a 5% too (not sure what that was?). So 4300 - 2500 they are quibbling over around $1,800? Just doesn't make commercial sense to me to make such a decision.Ignored
Disliked{quote} Hello my friend, I can make five percent profit per month, but I am worried about different accounts and companies. Do you suggest a place?Ignored
DislikedHave you looked at these guys?, im not sure about them 100,00 account, max loss is $500 to pass their evaluation you need to make $900 cost is $140 AUD per month until you pass. 80% profit share Home - The Prop Trading (https://theproptrading.com.au/)Ignored
Disliked{quote} with a weekly loss of 250!!! so either u risk 100 per trade only on high probability stuff and even then market could get u cos nothing is fool proff, or u go about this with proper risk management risking about 25 bucks per trade which is about 10% of ur weekly max loss. either way the possibilities of having to renew or to extend to a second month by paying another 100 bucks are higher then expected. nontheless, thing is the leverage is low, so u d need the 500k account imo to make a dent per month, correct me if i m wrong.Ignored
Disliked{quote} So they have changed their plan to be in line with FTMO now {image} Biggest difference is you only require 8% profit on phase1, and 4% profit on Phase2. also you get 3 goes at it as long as you havent violated any rules.seems not a bad deal now.Ignored