Prop Firm Hub | Page 475 | 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

  • #9,481
  • Jul 22, 2022 9:25am Jul 22, 2022 9:25am
Quoting GodRa
https://goatfundingfx.com/ looks good as they have a 10% drawdown on Instant Funding which is quite generous.
-I was looking more at their evaluation model, which offers as much as 35X draw-down for your buy-in for the bigger models, with only 7%/4% targets for challenges. Would be curious to know if they are legit. Sent them an email last night letting them know that their paypal payment option was not working and also asking questions about trading conditions, but have yet to hear anything back, so, not looking good so far.
  • #9,482
  • Jul 22, 2022 9:56am Jul 22, 2022 9:56am
Quoting Nsak3y
{quote}-I was looking more at their evaluation model, which offers as much as 35X draw-down for your buy-in for the bigger models, with only 7%/4% targets for challenges. Would be curious to know if they are legit. Sent them an email last night letting them know that their paypal payment option was not working and also asking questions about trading conditions, but have yet to hear anything back, so, not looking good so far.

They literally took MFF's website and added purple...
  • #9,483
  • Jul 22, 2022 10:04am Jul 22, 2022 10:04am
Quoting Nsak3y
{quote}-I was looking more at their evaluation model, which offers as much as 35X draw-down for your buy-in for the bigger models, with only 7%/4% targets for challenges. Would be curious to know if they are legit. Sent them an email last night letting them know that their paypal payment option was not working and also asking questions about trading conditions, but have yet to hear anything back, so, not looking good so far.
Their contact is a support@ email.
That is all.
From all soc media insta the only clickable.
214 followers, 0 ( zero!) Posts made.
Only crypto payments.

I would say it looks like a solid biz based on the above.
( Sarcasm!)
there is always, always another trade!!
  • #9,484
  • Jul 22, 2022 10:05am Jul 22, 2022 10:05am
Quoting Nsak3y
{quote}-I was looking more at their evaluation model, which offers as much as 35X draw-down for your buy-in for the bigger models, with only 7%/4% targets for challenges. Would be curious to know if they are legit. Sent them an email last night letting them know that their paypal payment option was not working and also asking questions about trading conditions, but have yet to hear anything back, so, not looking good so far.
So they use purple as broker or what are the spreads ? Score is best one I have ever seen, being at 14.35 for the 250k evaluation model. This firm must be investigated.
  • #9,485
  • Jul 22, 2022 10:13am Jul 22, 2022 10:13am
Quoting profitfarmer
I would say it looks like a solid biz based on the above. ( Sarcasm!)
-To be fair, every company has to start somewhere. Some start better than others, admittedly. But, with the paypal option being down and no contact since last night, I would say that this is likely a one-man operation.

Personally, I would not consider going with a firm like this until they have their ducks in a row and there is payout proof from multiple sources. I definitely would not consider anything that only has crypto payment options available.

However, when I see offers like this, I can only hope that they are legit and gain traction, because it could potentially lead to better offerings all around. Just my opinion.
  • #9,486
  • Jul 22, 2022 11:00am Jul 22, 2022 11:00am
Quoting Capablanca
{quote} Downtime (not being able to trade during payout process) is what concerns me more. TPT is automatic. As soon as we ask payout we receive new credentials TFF is not good. It's about 2/3 days TFT is horrible . About 3/4 days. How is for MFF now ?
Just to update my withdrawal experience with TFF.

Requested and received my second payout.

Required to have all trades closed on Monday 3pm

Received payout to DEEL 15 hours later on Tuesday at 6am

Received new credentials on Wednesday at 3am.

So, 36 hours from the time I had to have all my trades closed to getting my new credentials. Not great but not too bad considering the time difference from Hungary.
Pride always comes before destruction.... -Proverbs 16:18
  • #9,487
  • Jul 22, 2022 11:58am Jul 22, 2022 11:58am
Quoting Nsak3y
{quote}-To be fair, every company has to start somewhere. Some start better than others, admittedly. But, with the paypal option being down and no contact since last night, I would say that this is likely a one-man operation. Personally, I would not consider going with a firm like this until they have their ducks in a row and there is payout proof from multiple sources. I definitely would not consider anything that only has crypto payment options available. However, when I see offers like this, I can only hope that they are legit and gain traction,...

They copy pasted 90% of the text from MFF's website.. IF thats where you "have to start" you should start by quitting. (not you, them).
  • #9,488
  • Jul 22, 2022 12:08pm Jul 22, 2022 12:08pm
Marko from goatfundingfx sent me an email regarding the paypal issue when checkout. I got a fast answer after some minutes by email. He wrote me:
'Hello, if it doesn’t work, please, message us on telegram! @goatfundingsupport'
  • #9,489
  • Jul 22, 2022 12:18pm Jul 22, 2022 12:18pm
Quoting Takisd
{quote} They copy pasted 90% of the text from MFF's website.. IF thats where you "have to start" you should start by quitting. (not you, them).
lol, if I am reading correctly, they are giving $5K available loss on instant funding for $1K and $50K available loss for $5K. To boot, 90% split. This is the best instant funding program in the industry!!!!
  • #9,490
  • Jul 22, 2022 12:26pm Jul 22, 2022 12:26pm
Quoting Takisd
They copy pasted 90% of the text from MFF's website.. IF thats where you "have to start" you should start by quitting. (not you, them).
-TFF started that way, too, but they seem to be doing better now. I just try to be objective when reviewing these firms. I try not to dismiss things so quickly, but I also try to keep a straight head as much as possible and not let the shiny objects prohibit me from thinking clearly.

Quoting TrAndy1
Marko from goatfundingfx sent me an email regarding the paypal issue when checkout. I got a fast answer after some minutes by email. He wrote me: 'Hello, if it doesn’t work, please, message us on telegram! @goatfundingsupport'
-Hmm. Curious what that is about. At least you were able to get a response. I still haven't received anything on my end. Thanks.
  • #9,491
  • Jul 22, 2022 2:07pm Jul 22, 2022 2:07pm
Just a thing to mention here. The new prop firms are not so with emails comfortable. You either chat with them or even better reach them via telegram. Autoproptrader answeres me on telegram within just a few seconds. What you want more as customer service. Also on chat they responded within few minutes. So be aware of that.
  • #9,492
  • Jul 22, 2022 2:10pm Jul 22, 2022 2:10pm
I love gambling, I am into crypto slots right now. But not with these new firms, its not even fun.
  • #9,493
  • Jul 22, 2022 2:36pm Jul 22, 2022 2:36pm
Quoting Takisd
I love gambling, I am into crypto slots right now. But not with these new firms, its not even fun.
  • #9,494
  • Jul 22, 2022 2:45pm Jul 22, 2022 2:45pm
Quoting pipmaster77
{quote} lol, if I am reading correctly, they are giving $5K available loss on instant funding for $1K and $50K available loss for $5K. To boot, 90% split. This is the best instant funding program in the industry!!!!
Yeap. The terms are definitely the most generous. I think the first test is if they can run for 6 months without issues..
  • #9,495
  • Jul 22, 2022 3:33pm Jul 22, 2022 3:33pm
Quoting Thoughts
{quote}Yeap. The terms are definitely the most generous. I think the first test is if they can run for 6 months without issues..
What could go wrong.......collect $5K from someone and let them lose $50K, looks like a genius business plan to me.
  • #9,496
  • Jul 22, 2022 3:39pm Jul 22, 2022 3:39pm
Quoting pipmaster77
{quote} What could go wrong.......collect $5K from someone and let them lose $50K, looks like a genius business plan to me.
maybe they know something we don't..
  • #9,497
  • Jul 22, 2022 3:53pm Jul 22, 2022 3:53pm
Quoting Thoughts
maybe they know something we don't..
-Likely, that the accounts are running virtual funds on demo...but we already know that. Given the failure rates, it could potentially work, but it would only take a few good men (or women), if you know what I mean.
  • #9,498
  • Jul 22, 2022 5:03pm Jul 22, 2022 5:03pm
Quoting Nsak3y
{quote}-Likely, that the accounts are running virtual funds on demo...but we already know that. Given the failure rates, it could potentially work, but it would only take a few good men (or women), if you know what I mean.

Reminds me of that company that had the boat in their backyard on google maps. The one that rug pulled and had an excessively good direct funding model.
  • #9,499
  • Jul 23, 2022 1:54am Jul 23, 2022 1:54am
Is there any prop company for Binary OPTIONS
  • #9,500
  • Jul 23, 2022 2:00am Jul 23, 2022 2:00am
Does anyone trade with Fundyourfx? I need more information about the company activities because I am in the process of joining them.
117 traders viewing now