Prop Firm Hub

Yep, I left a note some days ago about this. They wanted to start recreating live conditions.

I experienced same thing plenty of times in my real brokers (I have two).
I'm not saying that this MFF slippage is fair or not. I have not done that analysis. But I'm experiencing that recently also in MFF, while in the past MFF didn't have slippage. Not having slippage is strange to me (but goo, of course).

Please don't fall for this trap of cheap price to a dodgy offering.
Why would a prop trading firm will have this on their site --> https://www.tentoptraders.com/online-store/
Incomplete T&C page with generic content. --> https://www.tentoptraders.com/terms-and-conditions/
Incomplete Privacy Policy. --> https://www.tentoptraders.com/privacy-policy/

Their address is a generic street with no buildings or floors address as legitimate offices have.

1. Quay st. Sanctuary Cove. Gold Coast. Qld. Australia
2. Collins st. Melbourne. Vic. Australia

The website is there.

I checked it out very recently.

Masterrmind .............

I think your timely updates about TTT will be key here especially considering that you have told us that you purchased a $100K challenge.

Such a great discount (~50% in price) to that offered by MFF.

Ofcourse there is plenty to read between the lines.

My primary choice will still be MFF challenges of which I have running currently however, I do not see anything wrong with considering or participating in other challenges.

It's trader choice every time !

If you can afford it then why not.

Naturally, running multiple MFF and FTMO challenges is the best approach in my view until max funding is achieved however, if you have lost several challenges then it's your choice to either try another MFF/FTMO challenge or take a chance and try a TTT.

I'm not recommending TTT at all but for $240 for a $100K challenge and no daily DD to worry about except the overall DD and a 40 day term to hit the target it certainly gets you thinking.

This is why I look forward to your timely updates because I'm sure many traders here would be interested in the issues you encounter from account credentials timing through to completion.

Best wishes for your TTT challenge.

Masterrmind ............

Perfect fills are not guaranteed in a live market. MFF is mostly a demo environment, however they are simulating fills based on available market depth liquidity on the backend. Trying to fill 100K (1 lot) is different than trying to fill 1M (10 lots). if it's not B book market maker execution (perfect fills because they're on other side hoping you lose), the larger the size, the deeper in the order book you have to go to fill the order. Trying to fill 1M is also different @ 8pm than 8am est.

Top of book (bid/ask liquidity) is typically anywhere from 100K-3M, but you're also not the only one trying to fill @ any given price. Breakout pending orders (above bar highs, below bar lows or @ major resistance/support areas) can also have more dramatic slippage because your order is competing with tons of other orders @ the exact same price levels for available liquidity.

Unless you're a scalper, 3 pipettes slippage should not be that big a deal.

This is true.

But if you go back to when MFF first started their website was a mess in my opinion too.

Now look at MFF ... flying high !

Clearly some of the new entrants are going to have many issues and multiple teething problems but all the other Prop Firms did as well in the early days.

This is a good reason to stick to the top 2 until max funding has been achieved which should be a traders primary choice if they into the Prop Firm funding scene.

Then again if a trader decided to risk only $240 on a $100K challenge with a somewhat risky operation then I guess that's their choice.

Another option might be to use the $240 on a lower challenge at say MFF which at this time would be a $50K challenge at $299.

In any case, I hope TrAndy1 has a better than expected outcome, only time will tell.

Masterrmind ...........

No one will believe you because they are blinded by the truth $240 for a $100K challenge and no daily DD.

this happens on all bbook brokers using there plugins for mt4 brokers

my take on getting funded i have said this before i think its a great idea if you can withdraw from them and have real traders who were funded speaking highly of them , its a dark dark world out there when it comes to your money, due diligence is so important i wish you all the success to those that at least trying to better themselves , go get the cash

edit
some of the traders are very new looking at the date they joined and giving a review , just saying

Yes for sure traders should really be maxing out MFF and FTMO before being 'entertained' by these new entrants.

I am yet to see a proven $1 Million funded trader with both these top 2 Prop Firms.

We all have much work to do in that case, especially me !

Masterrmind ..........

I told you they are having coding problems with the PayPal payment gateway. They are at present finding a way around the paypal coding errors & inserting a shopping cart system instead. That' why you saw the makings of that. Just part of a maintenance hiccup.
My dealings with them so far has been excellent & I am not hesitating to promote them. To me they offer much better conditions than any other including MFF & FTMO which some of you have been blatantly promoting for ages.

go for it!

for 10 100k accounts for a steal of $2,400. It will be my dream to have a million dollar account.

Paypal is a scam they don't have gateway but they runaway.

Hello. Who know - is there any prop firm, where you can pay for participation, as well as withdraw earned money in cryptocurrency? I know that MFF works with usdt (tether) but they don't suit me as a swing trader

I never paid anything in cryptos but I have received several payouts in cryptos at MFF, The Prop Trading and The Funded Trader. I always asked to be paid in stable coin so I have no experience in other cryptos.

MFF and The Funded Trader paid in USDC and The Prop Trading paid in USDT. Both ERC20 network.

They deducted gas fees upfront so I only received net of gas fees. Gas fees were higher in The Funded Trader (about 75 USD). The Prop Trader charged between 10 and 30 USD. MFF was free.

True Forex says they pay in crypto but that's quite misleading. They pay "normal" USD through LetsDeel and then you can withdraw to Coinbase paying about 35 USD for the wire.

Hello Nsak3y;

Regarding your post 7451, Firstly I wish to sincerely apologise for addressing you by your profile name on. I am at a quandary since I don’t address anyone generically, especially with written correspondence such as just, Hello, Hi, Good Day etc. without including their name & I don’t know what your actual name is, so I am limited to addressing you by your profile name.

Secondly & no doubt of immense importance I wish to record my gratitude for your responses to this thread. I have lost count of the number of times I logged on to it over the last year even though I don’t post replies. My last post on FF was somewhere in 2019 when I felt inclined to reply to a compelling thread concerning a different matter.

It is without a doubt that the drawcard to me returning to this thread is by & large attributable to the measured & positive contributions you make. There are also others who make incredibly valuable comments such as “Takisd”, “Pipmaster” (who is trying despite the seemingly uphill battle to sincerely from the heart explain the futility of the direct funding smokescreen. By virtue of his resilience in this area alone demonstrates that he is; like those of us who stay in the mind bending trading arena “in it to win it”) & a few others who, by me not mentioning by name does not diminish their wonderful contributions.

If I may beg your indulgence & all on this forum to formally introduce myself with back-bone background, I am Des from Durban, South Africa.
I have being trading the 28 main FX pairs exclusively since 2017 & despite understanding full well that there are great opportunities which present on some of the other instruments eg. XAU for starters or certain FX exotics for that matter which really possess the propensity to shimmy on certain days with massive runways so far as ADR go I have become somewhat a slave to the pairs which I have developed intrinsic understanding of over the years elapsed.

The reason I came out of the woodwork after all these years to make a post again is in reply to your most recent comment in relation to the exchange in relation to the company tentoptraders.

I stand in awe of your assessment concerning this website seeing as from what I understand from this exchange you never had a DT4X account. To put the reason I digressed to DT4X in perspective a little background…

The sad reality is I was part of the group who purchased their very attractive looking direct funding model. This was unfortunately before I came upon Pipmaster’s information & to add insult to injury their purchase price was indeed far cheaper than the DD allowed. The starting price to ensnare greedy, ignorant, star-gazing USD 1 Million & seeking instant gratification traders like myself (sometimes we just never learn) was just around USD500 for USD 50k account which allowed for USD 5k drawdown with what seemed like conditions which even traders at intermediate level could supersede the targets with.

Traders did in fact achieve payouts (so far as reviews stated, I can’t be sure) & things were looking favourable so after scanning them for sometime I decided to give it a try. Those who had got in on the ground floor had already reaped the rewards & they were now trading risk-free having recouped their capital outlay is what I suspect. I was unfortunately one of those who got in much later & found from early Jan 2022 the terms & conditions were being amended aggressively & all effective immediate once the generic e-mail was sent to the traders who had active accounts.

This implied that if the month had gone by & someone was eligible for profit payout an “offence” which was not an offence when they were trading was now implemented & back-tracked to the previous trading cycle which rendered them unable to draw profits.
Further information on this predatory & generally unethical practice can be found on trustpilot since many traders sought to express their discontent without from what I can gather any satisfactory outcome.

The axe finally swung later on with a final mailer claiming that the company is closing down due to not being able to provide an excellent level of service. I wish someone would be able to drink that kool aid seeing as everyone knew what had just happened. Supposedly everyone who signed up after around 15.01.22 would be refunded whilst the rest even those of us who had accounts in the green had our accounts terminated without recourse of a refund even though we had not failed the requirements.

I saw it for what it was & being by & large reserved with my comments I let it go as having been taken for a ride & used the learning as a stepping stone for future due diligence if signing up with these companies.

For those courageous souls who managed to read through the lengthy comment I posted there is a reward…

The terms & conditions on the company tentoptraders are identical, almost congruent to DT4X amended terms when they were starting to render trading conditions untenable. A few of the major conditions which I am unsure if traders expressing interest in this company have noted such as max 5 open positions, their stop loss rule with maximum 2% exposure collectively across all open orders. There is also the minimum 5% profit target before withdrawal can be requested & the gains carry over into the new month if the 5% is not achieved in a 30 day cycle. There are other similarities such as the minimum 10 day per month trading requirement as well.

They are even using the same language/term for leverage as gearing 1:10 with the strong warning of contravention in this regard along with maximal drawdown which they recommend be viewed of the MT4 platform.

Perhaps the most compelling of all these is the fact that their terms & conditions details their company name as T10T but more than once it details the name as DT10T. Is the D merely a typo or was it not omitted when DT4x was changed to T10T if this is the case?

Another resemblance is the unique scaling process which supposedly still continues to increase despite profits being withdrawn. DT4X when marketing that process actually had a video on their website creating the impression that this was a sort of 1st to market disruptor intended to add value to traders, pity it was simply smoke & mirrors intended to entice & then relieve traders of their funding fee even though they never blew the trading account.

The long & short is this company, tentoptraders (in my opinion) & extending on the correlations I pointed out bears a striking resemblance to much of the DT4X terms during the stages when they were changing their terms. This company (TTT) still has the same date on the terms which was on DT4X when the amendments first began i.e. 04.01.22.

I am unsure whether you had a glance at their online store tab which is offering products unrelated to trading along with the terms & conditions and “more” tabs which contain generic template information. I chose one of these weird products & can report it is officially in the cart. Do they sell this bizarre range of products along with offering prop trading?

Finally, a check of the domain confirms the rating not being the best & the most disconcerting being that the Whois information has been withheld. I have no doubt that you are fully aware that this is a red flag in itself as is much of the other core information normally available, which is withheld from search criteria.

I wish to conclude by stating in no uncertain terms that I cannot in good conscience make a statement beyond reasonable doubt that TTT is directly related to; or the new DT4X but the modus operandi surely creates it’s own compelling argument.

I will lean on the adage if it walks like a duck & quacks like a duck…

If I may be granted the privilege, I wish to apologise once again for the lengthy comment I have posted & I wish that it adds some value to traders considering this company. If nothing else if it could assist just one trader to not commit their funds into what could effectively turn out to be yet another red herring it would have rendered me having taken the time to type this feedback worthwhile. After all, the rate at which some of these companies are mushrooming is a marvel in itself.

A sincere & heartfelt thank you to the OP of this thread Mastermind. I am amazed, Sir that you report still not having dominated the challenges however I am confident that you will attain success through the passage of time…

After all once we progress through the life cycle of a trader to the ever allusive final resting place of unconscious competence, the lone attribute that, (here again in my opinion, which could resonate with many who have cut their teeth in this treacherous terrain) which takes us across the line may very well be, above all else, persistence.

Sincerely,
Des

Hi Garfield,
Thank you for your response, that is funny indeed!
Now this guy is most likely a "Jack of all trades", a retired ex business man, probably is trying to make money on the net
any way possible, now that does not make him a scammer YET, but definitely does not make him a business man.

Probably originally said I have some money on the side I will get some traders to trade it, it was not as easy as he though and went for
the white label.... looks like he might be running the web site page himself also.

Whatever the case too many red flags for me, definitely will follow and see if he pays out traders and that does not mean that I will sign up,
I rather always stick with PRO companies that have proved themselves over time.

Thanks again Garfield

@TTT
The credit card payment went not through. I gave them some chances but Paypal does not work until today. They fixed it they said to me but it still does not work. A No-go you cannot say it works and when I try it for a third time it still does not work again. Also the website ask me too many open questions. It is really too dodgy. He might be lonely fighter, but if TTT cannot fix simple technical problems I might guess there could be issue with the payouts too. So far no money has been sent from me, luckily, I would say. Sorry, anybody else must try them first. For me it is a red flag now. If they cannot put in some money for a proper working website and with full terms&conditions, I say no to their offer. First of all it looked good to me and I had no bad experience so far. But they just cannot fix a website. Maybe there is also no serious money behind, there is no coder or technical support behind them I strongly guess. I will stop here. Also MEX is their broker, not the best one and I did not like their spreads too much in their free evaluation. So even when they have made some payouts I will not continue with them. I changed my mind here.

Just some of his emails, with his unprofessional appearance and talking in his emails to me.
What did he answer after I told him for the third time no payment via paypal or credit card can be made ?

"I can't believe this. After all this
. I am looking into it now. Have you tried with the credit card option
Sam"

"Just checked Your right. OK back to the drawing board. Will have to wait for paypal to fix their coding
Will get back to when sorted
Thanks Mate
Sam"

I am not his mate by the way. He cannot believe it that after he has "fixed" the paypal issue it still does not work. Wow, such a great professional firm behind. I do not get it. Forget them please, my two cents. Shame on TenTopTraders.