Disliked{quote} Thanks for keeping us posted. An alert for the case you haven't seen it. You need to achieve 4% before the first withdraw. After the first one there's no minimum. {quote}Ignored
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prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
Disliked{quote} Thanks for keeping us posted. An alert for the case you haven't seen it. You need to achieve 4% before the first withdraw. After the first one there's no minimum. {quote}Ignored
DislikedYou need to achieve 4% before the first withdraw. After the first one there's no minimum.Ignored
Disliked{quote}-I would want to make sure that the 4% requirement is only a one-time thing. Per their FAQ, it is not clearly defined enough in my opinion. Since that 4% profit requirement is likely based on account size and not draw-down allowance, then it is really more like 40%. You would also have to consider that the challenge phases of 6% and 6% or actually 6% and 10% requirements.Ignored
Disliked{quote}-I would want to make sure that the 4% requirement is only a one-time thing. Per their FAQ, it is not clearly defined enough in my opinion. Since that 4% profit requirement is likely based on account size and not draw-down allowance, then it is really more like 40%. You would also have to consider that the challenge phases of 6% and 6% or actually 6% and 10% requirements (or 60% and 100%, respectively, I believe).Ignored
Disliked{quote} Why don't you like them Doji ? I use to go to Discord once in a while but just to the announcements sections to scan if there's anything new regarding the props.Ignored
Disliked-I would want to make sure that the 4% requirement is only a one-time thing. Per their FAQ, it is not clearly defined enough in my opinion.Ignored
DislikedWell I am not off to a good start with this BGC company. I went through their challenge purchasing procedure and when the bank verification page was supposed to appear the page crashed. It said "widget failed to load". So I tried again and a page came up saying the payment is accepted. So I check my email and to my horror I see that I have been charged twice. I send email to BCG support and received an unsigned reply " we will look into it". No name on the email which I think is very bad customer service. Well that was 3 hours ago and I have heard...Ignored
Disliked{quote} Why don't you like them Doji ? I use to go to Discord once in a while but just to the announcements sections to scan if there's anything new regarding the props.Ignored
Disliked{quote} Just a personal preference as I'm hardly a social butterfly. The FF community is good enough for me.Ignored
DislikedHello! https://theproptrading.com.au/ This company was recommended to me. Does anyone have experience with them and can you give me some advice? Thank you!Ignored
DislikedThe Funded trader finally updated their web site with the announced new challenges and options. https://thefundedtraderprogram.com/Ignored
Disliked{quote} Thank you, yes I see only difference with other model is that EA is allowed. But you still have to wait for 30 days before can receive first payout. Drawdown rules also very long windedIgnored
DislikedThere is an interesting conversation going on in a circle I am in in regards to prop trading vs retail fx brokerage. My argument is that the statistics for win/lose are the same however, the cost of entry and potential reward is significantly larger for a retail trader by using an evaluation/challenge prop firm. Even from a gambling perspective, if you manage to get to live, you find on set up and go heavy on it. If you win, you coast till the payout and likely make 20-80x your original "deposit". To get 80x on a deposit at a retail broker it will...Ignored
DislikedThank you, yes I see only difference with other model is that EA is allowed. But you still have to wait for 30 days before can receive first payout. Drawdown rules also very long windedIgnored
200K challenge costs $939 USD. I asked support about maximum funding allocation for royal accounts with regard to merging, and was told that it is 600K. Not sure about the trading conditions, but if they are decent, then this could be a nice addition.
Disliked{quote} I was asking about FundedNext You mentioned that you'll be leaving unless their conditions improve.Ignored