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  • #12,021
  • Edited 2:49pm Nov 1, 2022 2:38pm | Edited 2:49pm
Quoting sampat
{quote} This is pure garbage offer. Traditionally chance of passing exams are 33% with added phase it will be reduced to less than 10%
So, value wise, the 250K offering is better than an FTMO 100k or 200K. Trade the 598 in a personal, hit 100%, 62.5% and 62.5% you wind up with 3158, E* gives you 20K with an 80% split so 16K for value of 5.06, FTMO 100K and 200K come in at 4.93. MFF 300K offers best value at 8.77. All numbers based on 80% split. MFF and FTMO both offer 90% now as well which of course increases value. E8 offers the scaling on the DD up to 14%, which then puts them at 8.86.
That is one huge thing I like about E8 they don't scale your balance, they scale your DD, which is what all risk in these firms should be based on, it is the opposite of say a Funded Trader+, they scale your balance and leave DD the same which results in you trading the exact same size from a risk perspective.
Going from 8% to 14% is equivalent to 75% and you can do this in 3 months (6 bi-weekly withdrawals)......now if only they could reduce their trading costs on the indices.
Just ran their traditional 250K for $988, score 4.98......more money up front, one less stage, essentially the same value.
  • #12,022
  • Edited 4:22pm Nov 1, 2022 4:04pm | Edited 4:22pm
Hi Folks, Sorry I haven't been in touch. Takisd, pipmaster77 you guys are amazing!


Are there any prop firms that have ftmo mff business model with challenges, but with no time limit? I see the instant funding ones, I rather do a challenges..the time limit is an issue with a some of the stuff that I do. If this reaches anyone, Thanks!



Update: looking into https://www.fundedtradingplus.com/, with eightcap. The spreads are ok. Anyone have issues with payouts? Thanks.
  • #12,023
  • Nov 1, 2022 6:13pm Nov 1, 2022 6:13pm
Quoting JustAVisit
Hi Folks, Sorry I haven't been in touch. Takisd, pipmaster77 you guys are amazing! Are there any prop firms that have ftmo mff business model with challenges, but with no time limit? I see the instant funding ones, I rather do a challenges..the time limit is an issue with a some of the stuff that I do. If this reaches anyone, Thanks! Update: looking into https://www.fundedtradingplus.com/, with eightcap. The spreads are ok. Anyone have issues with payouts? Thanks.
I received a payout from FT+ but be careful about their Relative Drawdown. Each time you close a profitable trade and take your balance up above the starting balance, your Maximum Drawdown level moves up. The Relative Drawdown is the distance between the closed balance high (your high water-mark HWM) and the Maximum Drawdown.
The Relative Drawdown remains the same value until the trader makes a closed balance profit equal or higher than the Relative Drawdown amount. At this point the Max Drawdown point locks in and the trader can increase the Relative Drawdown by trading further up.

  1. Experienced Trader Programs Relative Drawdown is 6%
  2. Advanced Trader Programs Relative Drawdown is 10%
  3. Master Trader Programs Relative Drawdown is 5%


Relative Drawdown moves up with a positive trade balance. It does not move down with a negative trade balance.

  • #12,024
  • Nov 1, 2022 7:41pm Nov 1, 2022 7:41pm
Quoting pipmaster77
Don't need to do that......It is simply the profit of all phases against the max loss.....example......MFF is 13% (8+5) with 12% DD, E8 is 18% (8+5+5) with 8% DD
-I think that maybe it is not so simple. Perhaps consider that each additional phase increases the odds of failure. Similar to having a class and having to pass a single test with 15 questions vs. having to pass 3 different tests with 5 questions each. You now must pass three tests instead of one in order to progress to the next grade.

Even though the amount of questions is the same, the odds of passing are much more difficult. Now imagine that same scenario, but with 100 tests instead of one, where you must pass all 100 in order to progress to the next grade.

If a firm allows the account balance profit/padding to stay in the account in lieu of resetting the account after each phase, then maybe it can be viewed in a more simple manner.

I am personally not a big fan of the idea, but I do see the purpose. On the one hand, it will ensure better traders (and capital protection) for the firm, and potentially better profit, regardless of whether or not the firm is actually pushing trades to market. On the other hand, it will also allow a lower-cost-to-entry for traders that are looking for that. The obvious downside is that the odds become increasingly less-favorable for passing.
  • #12,025
  • Edited 7:58pm Nov 1, 2022 7:45pm | Edited 7:58pm
Quoting JustAVisit
Are there any prop firms that have ftmo mff business model with challenges, but with no time limit?
-Traders With Edge is maybe close, but they are very new with only about a dozen payout proofs so far.

They have a 1-step challenge that has a maximum trading days of 365. They also have a 2-step challenge model with 120* days for phase-1 and 60 days for phase-2. *The added 60 days for phase-1 can be acquired via the customizable options, but it will cost more, otherwise, the default is 60.

Of the firms that I have seen that do not have any time limit at all, they are not really based on the same model.
  • #12,026
  • Nov 1, 2022 8:21pm Nov 1, 2022 8:21pm
Finally some profit on MFF 300k funded account
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  • #12,027
  • Nov 1, 2022 8:21pm Nov 1, 2022 8:21pm
My job is almost complete, I calculated even the first payout that are lower of the max you can reach.
https://docs.google.com/spreadsheets...it?usp=sharing

I also calculated bonus for program with "no time" to compare with the same category with 90-180days.

I added "daytrading" program, a small one of CityTraderImperium with no rules, for who like small accounts. Not bad.

However now with my own rations, I get the top 3 you like in the top TFT MFF TFF
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in holiday till end of November
  • #12,028
  • Nov 1, 2022 8:38pm Nov 1, 2022 8:38pm
Quoting trader888888
Finally some profit on MFF 300k funded account {image}
ccongrats! on what you had the most of profit? what you traded and long or short, scalping, etc.
in holiday till end of November
  • #12,029
  • Nov 1, 2022 8:44pm Nov 1, 2022 8:44pm
Quoting forexbali
{quote} ccongrats! on what you had the most of profit? what you traded and long or short, scalping, etc.
thanks, the most profitable were the last 3 UJ trades, approx 90 pips
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  • #12,030
  • Nov 1, 2022 8:46pm Nov 1, 2022 8:46pm
Quoting trader888888
{quote} thanks, the most profitable were the last 3 UJ trades, approx 90 pips {image}
it is very violent USDJPY when come down! we have BOJ on our side, YEN is very cheap. And dollar in a bubble.
in holiday till end of November
  • #12,031
  • Nov 1, 2022 8:51pm Nov 1, 2022 8:51pm
Quoting forexbali
{quote} it is very violent USDJPY when come down! we have BOJ on our side, YEN is very cheap. And dollar in a bubble.
Definitely back to 125.00 in the year 2023
  • #12,032
  • Nov 1, 2022 8:52pm Nov 1, 2022 8:52pm
Quoting pipmaster77
{quote} So, value wise, the 250K offering is better than an FTMO 100k or 200K. Trade the 598 in a personal, hit 100%, 62.5% and 62.5% you wind up with 3158, E* gives you 20K with an 80% split so 16K for value of 5.06, FTMO 100K and 200K come in at 4.93. MFF 300K offers best value at 8.77. All numbers based on 80% split. MFF and FTMO both offer 90% now as well which of course increases value. E8 offers the scaling on the DD up to 14%, which then puts them at 8.86. That is one huge thing I like about E8 they don't scale your balance, they scale your...
At which firms you have funded accounts?
  • #12,033
  • Nov 1, 2022 9:17pm Nov 1, 2022 9:17pm
Quoting trader888888
{quote} At which firms you have funded accounts?
FTMO, MFF, TFF and TFTP
  • #12,034
  • Nov 1, 2022 9:23pm Nov 1, 2022 9:23pm
Quoting pipmaster77
{quote} FTMO, MFF, TFF and TFTP
Nice, E8 is next on target right?
  • #12,035
  • Nov 1, 2022 9:26pm Nov 1, 2022 9:26pm
Quoting trader888888
{quote} Nice, E8 is next on target right?
Yes, probably next year. The costs on indices needs to improve though.
  • #12,036
  • Nov 1, 2022 9:31pm Nov 1, 2022 9:31pm
Quoting pipmaster77
{quote} Yes, probably next year. The costs on indices needs to improve though.
You mostly daytrade indices?
  • #12,037
  • Nov 1, 2022 9:47pm Nov 1, 2022 9:47pm
Quoting trader888888
{quote} You mostly daytrade indices?
Only for the past 12-18 months have I started trading indices. Wish I started much sooner. I trade forex as well. Forex I day trade and swing trade, indices are solely intraday.
  • #12,038
  • Nov 2, 2022 1:49am Nov 2, 2022 1:49am
Hello, does anyone here have an account that is more than 1 year age?
  • #12,039
  • Nov 2, 2022 3:21am Nov 2, 2022 3:21am
Quoting pipmaster77
{quote}That is one huge thing I like about E8 they don't scale your balance, they scale your DD, which is what all risk in these firms should be based on
Actually they scale both. With every profit split they increase your DD by 1% up until 14% but they also put back the whole profit you made on your account as a balance increase. So your DD increases twice

E.g. you start with 250k / 8% and make say 10k for every profit split. Your account balance and DD increases like that:

250k - 8% - DD 20k
260k - 9% - 23.3k
270k - 10% - 27k
280k - 11% - 30.8k
290k - 12% - 34.8k
300k - 13% - 39k
310k - 14% - 43.4k
320k - 14% - 44.8k
...
further on your DD% stays at 14% but your balance scales up until 1M by every profit you make
Money is made by sitting, not trading
  • #12,040
  • Nov 2, 2022 3:28am Nov 2, 2022 3:28am
Quoting Vitore
{quote} Actually they scale both. With every profit split they increase your DD by 1% up until 14% but they also put back the whole profit you made on your account as a balance increase. So your DD increases twice E.g. you start with 250k / 8% and make say 10k for every profit split. Your account balance and DD increases like that: 250k - 8% - DD 20k 260k - 9% - 23.3k 270k - 10% - 27k 280k - 11% - 30.8k 290k - 12% - 34.8k 300k - 13% - 39k 310k - 14% - 43.4k 320k - 14% - 44.8k ... further on your DD% stays at 14% but your balance scales up until...
So, in your example the account increased 1.25x from 250K to 320K but DD increased 2.24x from 20K to 44.8K

That's pretty good. I hadn't realized that. Only had a tiny payout with them, so far.
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