Prop Firm Hub | Page 289 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

  • #5,761
  • Nov 24, 2021 9:17pm Nov 24, 2021 9:17pm
Quoting Takisd
Forgot to ask, anyone want to persuade me not to trade with e8? I saw a bunch of folks saying they dont pay but I want to know specifics. Hmmm. The CEO has been in most of the get rich quick shit. E8 is just funding talent 2.0 Spreads are bullshit, no commission (at least on the trial account). They use an outsourced dashboard so are 1 up on funding talent. Unrealistic trading conditions = I can eat your feed. {image}
https://www.trustpilot.com/review/e8funding.com
  • #5,762
  • Nov 24, 2021 9:26pm Nov 24, 2021 9:26pm
I cannot speak too much about E8 or their offerings, but I personally would not give much attention to the founder's background.
  • #5,763
  • Edited 6:13am Nov 25, 2021 5:57am | Edited 6:13am
Quoting Koop
https://www.digitalpit.com/ One evaluation stage. 8% evaluation profit target 4% Max Static Loss 1:30 Leverage 70% profit split on funded account.. Wait for it .... 2.5% max profit per day on Evaluation..(lol) 100k account priced at $498. Seems the single evaluation stage is the new "no minimum days" or 8% profit target that used to get people excited.
Interesting.

Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20211125_125348.jpg Size: 153 KB
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20211125_125311.jpg Size: 221 KB
  • #5,764
  • Nov 25, 2021 6:02am Nov 25, 2021 6:02am
Quoting Takisd
Forgot to ask, anyone want to persuade me not to trade with e8? I saw a bunch of folks saying they dont pay but I want to know specifics. Hmmm. The CEO has been in most of the get rich quick shit. E8 is just funding talent 2.0 Spreads are bullshit, no commission (at least on the trial account). They use an outsourced dashboard so are 1 up on funding talent. Unrealistic trading conditions = I can eat your feed. {image}
So far, I've seen only good reports about E8. Speedy responses to enquiries, speedy account provisioning, some payouts... Don't know much about spreads or conditions but haven't seen any/many complaints unless we're counting Jota's AUDCAD debacle which I think was blown outta proportion.
I mean, it's AUDCAD.
  • #5,765
  • Nov 25, 2021 6:29am Nov 25, 2021 6:29am
Quoting mlseenie
{quote} Theyre in here watching us whoever’s running there Instagram is having a laugh, you’ve kind of got to respect it ahaha {image}
While this may sound reasonable, it does not seem sustainable in the least bit. But i guess it explains the reason behind the Pay out cap of 4%.

Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20211124_155846_341.jpg Size: 178 KB
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20211124_155852_832.jpg Size: 234 KB




Somebody please tell the 18yr old prop firm owner that he can't afford to adjust/remove his terms and offerings every single time they get criticized... Makes them look suspicious.
  • #5,766
  • Nov 25, 2021 9:06am Nov 25, 2021 9:06am
Ok I will buy a 250k??? e8 account next week.

I am not sure why its 250k it kinda makes my numbers weird but its fine.
  • #5,767
  • Nov 25, 2021 10:09am Nov 25, 2021 10:09am
Quoting Koop
{quote} Interesting. {image}{image}
Looks like most expensive prop firm. 100K with 4% drawdown means account is 40K with 500$ fees. One of the worst option. They capped profits to 2.5%
  • #5,768
  • Nov 25, 2021 11:51am Nov 25, 2021 11:51am
Looks like someone put together a prop firm site compiling all the popular retail prop firms.

https://www.propfirms.co.uk/
Truth is like poetry. And most people f*cking hate poetry.
  • #5,769
  • Nov 25, 2021 12:15pm Nov 25, 2021 12:15pm
Planing to join https://www.blufx.co.uk/ next month. few years in this sector and reviews are good also. still any member using them or used in past? please share ur experience or thoughts about them



Thanks.
  • #5,770
  • Nov 25, 2021 12:45pm Nov 25, 2021 12:45pm
Quoting mrdfx
Looks like someone put together a prop firm site compiling all the popular retail prop firms. https://www.propfirms.co.uk/
nothing but an affiliate marketing site....
there is always, always another trade!!
  • #5,771
  • Nov 25, 2021 12:57pm Nov 25, 2021 12:57pm
Quoting mrdfx
Looks like someone put together a prop firm site compiling all the popular retail prop firms. https://www.propfirms.co.uk/
Look's like he have put there only those ones that suits him
  • #5,772
  • Nov 25, 2021 1:49pm Nov 25, 2021 1:49pm
Quoting inversio
Planing to join https://www.blufx.co.uk/ next month. few years in this sector and reviews are good also. still any member using them or used in past? please share ur experience or thoughts about them Thanks.
Aren't they are TCF whitelabel?
  • #5,773
  • Nov 25, 2021 2:06pm Nov 25, 2021 2:06pm
Quoting Takisd
{quote} Aren't they are TCF whitelabel?
ive no idea about that, saw that they are in the business for mre than 5 years, and found some good reviews on few sites. main think i like about their policy-- no time limit to fill the target which a big relief for me and no demo trading direct to live. how to check that? any source plz...
  • #5,774
  • Nov 25, 2021 2:14pm Nov 25, 2021 2:14pm
Quoting inversio
{quote} ive no idea about that, saw that they are in the business for mre than 5 years, and found some good reviews on few sites. main think i like about their policy-- no time limit to fill the target which a big relief for me and no demo trading direct to live. how to check that? any source plz...

Most of the direct funding companies have the same sort of rules, 5ers mff etc. I dont know blufx it gives me some discomfort looking at it.. but if you have done your due diligence i dont see why to avoid them unless they are TCF
  • #5,775
  • Nov 25, 2021 4:29pm Nov 25, 2021 4:29pm
Quoting inversio
Planing to join https://www.blufx.co.uk/ next month. few years in this sector and reviews are good also. still any member using them or used in past? please share ur experience or thoughts about them Thanks.
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 achieve 55.000 you can ask to be scaled up to 100.000 but those 5.000 can't be withdraw. And then you need to achieve 10K to scale up to 200.000. Meaning that 5.000 + 10.000 profit will stay there if you want to scale up again.

Besides that, their leverage is terrible. Just 1:3.

And it's not even 1:3 because pairs have either a 110% margin (GBP ones) or 140% margin, which decreases leverage to 1:2.7 or 1:2.2

Achieving 5% for payout or 10% for scaling with this kind of leverage is very tough. And paying a monthly fee...
  • #5,776
  • Nov 25, 2021 6:06pm Nov 25, 2021 6:06pm
Quoting Capablanca
{quote} 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 achieve 55.000 you can ask to be scaled up to 100.000 but those 5.000 can't be withdraw. And then you need to achieve 10K to scale up to 200.000. Meaning that 5.000 + 10.000 profit will stay there if you want to scale up again. Besides that, their leverage is terrible. Just 1:3. And it's not even...
Great breakdown.

Blufx are legit. been around for a while and pay out on time but the conditions are not favourable.. to me at least.
If it works for you... go ahead, they're gucci.
  • #5,777
  • Edited 6:35pm Nov 25, 2021 6:17pm | Edited 6:35pm
Quoting Boulder
{quote} I just signed up your $250k E8 account. I will let people know about my experience here.
It took me a while.. but finally I passed E8 phase I today ,now wait for phase II. ..so far so good for my first time experience trading E8 account, instant login for phase I, and got phase II log in within 2 hours...
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 28 KB
  • #5,778
  • Nov 25, 2021 6:22pm Nov 25, 2021 6:22pm
Quoting Capablanca
{quote} 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 achieve 55.000 you can ask to be scaled up to 100.000 but those 5.000 can't be withdraw. And then you need to achieve 10K to scale up to 200.000. Meaning that 5.000 + 10.000 profit will stay there if you want to scale up again. Besides that, their leverage is terrible. Just 1:3. And it's not even...


thanks for the details. Yes, these are very tough condition for trading and achieving goals. need to check for another prop firm which have decent condition and trust .
  • #5,779
  • Nov 26, 2021 6:02am Nov 26, 2021 6:02am
Quoting Boulder
{quote} It took me a while.. but finally I passed E8 phase I today ,now wait for phase II. ..so far so good for my first time experience trading E8 account, instant login for phase I, and got phase II log in within 2 hours... {image}

Whats conditions like, is it same as the trial account?
  • #5,780
  • Nov 26, 2021 6:07am Nov 26, 2021 6:07am
Quoting Takisd
{quote} Whats conditions like, is it same as the trial account?
Be on the look out Mr Lemon party, i have a "Truth or BS" question coming soon that would need your professional confirmation.
115 traders viewing now