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  • #10,641
  • Sep 2, 2022 7:25am Sep 2, 2022 7:25am
Quoting Bizziebee
{quote} Is TCF white label. FAQ page almost identical to TCF

In the bin it goes.
  • #10,642
  • Sep 2, 2022 8:38am Sep 2, 2022 8:38am
Quoting Bizziebee
{quote} Is TCF white label. FAQ page almost identical to TCF
Is it ?

They allow martingale, while TCF doesn't
And TCF dropped the 100K and 200K challenges in September while these guys still have the 100K.

You may be right but I'm not sure...
  • #10,643
  • Sep 2, 2022 9:36am Sep 2, 2022 9:36am
TFF slippage is strange, I avoided spike by 20 mins and most of my trades are getting a fair bit of slippage for normal market.
  • #10,644
  • Sep 2, 2022 10:10am Sep 2, 2022 10:10am
Quoting Capablanca
{quote} Is it ? They allow martingale, while TCF doesn't And TCF dropped the 100K and 200K challenges in September while these guys still have the 100K. You may be right but I'm not sure...
They also use a different broker. "Our primary broker is https://fxclr.com/ This is a 0 COMMISSION BROKER with RAW SPREADS." Also Takisd is always negative when a new prop firm is mentioned. I never heard any positive argument or comment for anything except FTMO and MFF. So he might have a bias. I would suggest a more neutral view.
  • #10,645
  • Sep 2, 2022 11:10am Sep 2, 2022 11:10am
Quoting ladder
Is there any discount on MFF/FTMO challenge fee? Thanks!
Sept 2 -Sept 8

80% off your first month and 50% off all subsequent months with APEX trader funding. Use SAVE80 as the coupon code. You also get 1 entry per account you buy/reset into a drawing for a PA account (PA account is a funded account).

Inserted Video
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #10,646
  • Sep 2, 2022 11:42am Sep 2, 2022 11:42am
Quoting Takisd
TFF slippage is strange, I avoided spike by 20 mins and most of my trades are getting a fair bit of slippage for normal market.
During normal hours no problem, During red news events, orders not filled. It takes few seconds to fil.
Intraday only.
  • #10,647
  • Sep 2, 2022 12:04pm Sep 2, 2022 12:04pm
classic pump and dump today
  • #10,648
  • Sep 2, 2022 12:53pm Sep 2, 2022 12:53pm
Quoting moeenyz
Let's go. phase 1 Passed. ICT STUDENT https://trueforexfunds.com/share/XBX...UYnHmE216-kMrI
passed phase 2 in 2days.
https://trueforexfunds.com/share/oR9...Pj-44WXCMCbIoo

Waiting for the next step.
  • #10,649
  • Sep 2, 2022 12:54pm Sep 2, 2022 12:54pm
Started my FTMO 200k Phase 2 today, everything goes well so far. Reduced my risk but still almost half the target reached in one day.
Since I switched to trading indices exclusively, everything seems so much easier.
  • #10,650
  • Sep 2, 2022 1:08pm Sep 2, 2022 1:08pm
Quoting TrAndy1
{quote} They also use a different broker. "Our primary broker is https://fxclr.com/ This is a 0 COMMISSION BROKER with RAW SPREADS." Also Takisd is always negative when a new prop firm is mentioned. I never heard any positive argument or comment for anything except FTMO and MFF. So he might have a bias. I would suggest a more neutral view.
There is no bias. MFF and FTMO are the clear cut 1 and 2 and true to what Taskid says most of these others do turn out to be exactly as he states....outright scams. There are maybe 4-5 other second tier firms that are legit, but as of now, nothing touching the top 2.
  • #10,651
  • Sep 2, 2022 1:49pm Sep 2, 2022 1:49pm
Quoting HiddenGap
{quote} Sept 2 -Sept 8 80% off your first month and 50% off all subsequent months with APEX trader funding. Use SAVE80 as the coupon code. You also get 1 entry per account you buy/reset into a drawing for a PA account (PA account is a funded account). https://www.youtube.com/watch?v=9oMBHaqYM6Y

Their criteria seems to make it more difficult than it is already.

Don't understand what they mean with "contracts". At one place they say min of 10 days required. At another location it is written: you have to achieve the target in 10 trading days.
  • #10,652
  • Sep 2, 2022 2:06pm Sep 2, 2022 2:06pm
Quoting navk
{quote} During normal hours no problem, During red news events, orders not filled. It takes few seconds to fil.

I'm getting like random 1-2 pip slippage on most orders at entry since after NFP. Didn't happen before NFP was actually positive in terms of my attitude towards the account, despite what our german friend says.
  • #10,653
  • Sep 2, 2022 2:10pm Sep 2, 2022 2:10pm
Quoting TrAndy1
{quote} They also use a different broker. "Our primary broker is https://fxclr.com/ This is a 0 COMMISSION BROKER with RAW SPREADS." Also Takisd is always negative when a new prop firm is mentioned. I never heard any positive argument or comment for anything except FTMO and MFF. So he might have a bias. I would suggest a more neutral view.

If you want to throw your money away on something unproven, go for it.

I have FTMO, MFF, TFT and now TFF. When TFF I have full I will go to e8 so long as market conditions allow me to continue this streak. All of these have proven. I also have a shall not be named firm because they are run by a known scammer (its in masterminds first post the scammers name) but I am doing that for other reasons. I don't need to be positive about some firm that has text from a known awful company on it infact its better to be skeptical so that someone more naïve doesn't go and waste their money on it. Perhaps you should stop enabling companies to lure newbies before proving themselves? Maybe you are the one with bias.

Also, I have worked with FXCH. Great company, good prime of prime but they do have charges its written on their damn website. So ask yourself this, is FXCH really their broker? And why would FXCH give them no commission and prime of prime spreads when there is 0 percent chance of them earning anything on the flow if there is no commission.

FXCH also isn't in the business if giving mass demo accounts to a firm that doesn't cough up a lot of money.

Christ, where is your logic.
  • #10,654
  • Sep 2, 2022 2:51pm Sep 2, 2022 2:51pm
Quoting Eren10
{quote} Their criteria seems to make it more difficult than it is already. Don't understand what they mean with "contracts". At one place they say min of 10 days required. At another location it is written: you have to achieve the target in 10 trading days.

I have found some answers. I am not sure but they just mean with "1 contract" 1 lot. They write like this: Contracts : 17 (34 Micros) , is 1 micro 0.5 lot.

In FAQ they say that there is no max limit of traded days to pass the evaluation phase. Then it doesn't sound that bad. You have to pay montly fees for 5k max loss you pay 297.
  • #10,655
  • Sep 2, 2022 2:58pm Sep 2, 2022 2:58pm
Quoting Olarion1975
Started my FTMO 200k Phase 2 today, everything goes well so far. Reduced my risk but still almost half the target reached in one day. Since I switched to trading indices exclusively, everything seems so much easier.
Yeah, i left forex for indices last year and ive never regretted the decision. NAS100 and US30 can have nice explosive moves like the sell after NFP today. Let's hope this inflation induced volatility stays around for some more months.
  • #10,656
  • Sep 2, 2022 3:08pm Sep 2, 2022 3:08pm
Of course I do not know the details how this new prop firm can deal with the broker FXCH. But when they say it on website I do not guess they do not tell the truth. Also if everyone would wait until a firm is really PROVEN then it would take too much time before any attention could be made much earlier here. This is why this thread also exists. It is also about new prop firms. If everyone here sees no value in mentioning new prop firms I can stop posting them. I also have other things to do, so why should I spend some time to make a seach and then post it here for everyone for free to get some additional information ? I can imagine doing other tasks meanwhile.
  • #10,657
  • Sep 2, 2022 3:56pm Sep 2, 2022 3:56pm
Quoting TrAndy1
Of course I do not know the details how this new prop firm can deal with the broker FXCH. But when they say it on website I do not guess they do not tell the truth. Also if everyone would wait until a firm is really PROVEN then it would take too much time before any attention could be made much earlier here. This is why this thread also exists. It is also about new prop firms. If everyone here sees no value in mentioning new prop firms I can stop posting them. I also have other things to do, so why should I spend some time to make a seach and then...
We absolutely need to uncover the new firms. However, 9 times out of 10 they are turning up to be a scam. I believe we have reached the point now where we will see a larger influx of scammers just trying to hop on the train, with no intention of a long term business, just see how much money they can grab. The other great thing about this thread is the number of eyes we have that will pull up the firm and find its advantages and disadvantages. This is why we are able to eliminate these firm pretty early on preventing anyone who actually does their due diligence from getting scammed.
  • #10,658
  • Edited 4:26pm Sep 2, 2022 4:06pm | Edited 4:26pm
Quoting Eren10
{quote} I have found some answers. I am not sure but they just mean with "1 contract" 1 lot. They write like this: Contracts : 17 (34 Micros) , is 1 micro 0.5 lot. In FAQ they say that there is no max limit of traded days to pass the evaluation phase. Then it doesn't sound that bad. You have to pay montly fees for 5k max loss you pay 297.


I read their more info in their website. It is not clear if you have pay one total amount for the evaluation or monthly fees. Let's you took do 3 months to achieve the target - > do you have to pay 3 * monthly fee ?


Other thing is they have a trailing stop limit. If your floating equity let's say from 100K reaches 105K during the trade, but then it goes against your trade and your close the position is at 101K. From this point your failure limit is at 100K, so you are allowed to loose less than 1K from that moment of trade.

Still it looks not that bad if you don't have to pay monthly fees. At slow pace maybe you want to do 4 months, 4 * monthly will become to costly.
With one fee and with 80% off looks interesting.

And I am not sure if you can trade forex like we know. But this could be an advantage
  • #10,659
  • Sep 2, 2022 10:38pm Sep 2, 2022 10:38pm
Quoting Capablanca
For the case someone is interested in checking, 5ers launched a program for stock trading: https://tradethepool.com/ I didn't check anything. No idea if the offer is worthwhile.
-Thank you for sharing. Checked it only briefly. Offer does not look good. They require too much and offer too little.

Also, the scaling plan is a joke. They will increase your daily draw-down by 15% if you flip your account within 5 days (i.e. if your daily draw-down is 2K, and you make 6K in 5 days, they will increase your daily draw-down from 2K to 2.3K). Very stupid on so many levels.
  • #10,660
  • Sep 3, 2022 4:48am Sep 3, 2022 4:48am
Quoting WealthBanker
{quote} MFF Accelerated doesn't allow for holding of positions over the weekend, so my position was forcefully closed for $29 profit, or around 1.5%. To hit the next milestone, I need 10%, so this is a start. Good weekend to all!

Accelerated is not worth it as the profit split is 50%. You put your own profit to the scaling. Maybe only one advantage is you can get your deposit back if you perform well.

Rapid option looks more interesting as there is no max time limit, to achieve the target.
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