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  • #14,601
  • Mar 25, 2023 11:25pm Mar 25, 2023 11:25pm
Quoting forexbali
{quote} which program?
The 100K Royal. I installed their EightCap and I see the Royal is on a Raw. I thought it was on Standard so this is even better.
  • #14,602
  • Mar 26, 2023 5:00am Mar 26, 2023 5:00am
Hello,

Does anyone know if different prop firm can see each others account?

For example, instead of buying a 200K account from MFF, I would prefer to buy a 100K from MFF and a 100K from TFT, and then trade them exactly the same(so copying trades). I do this because I am worried one might shut down and i get scammed like has happened to me before(theproptrading), and i lose all my money. And they both also have limits on the amount of funded accounts you can have so at one point you might be forced to use multiple firms. So i wonder if they can see my trades with the other firm through the liquidity provider and then tell me i am copy trading? or even they send each other their trade logs to make sure no copy traders?

thankyou for help
  • #14,603
  • Mar 26, 2023 8:35am Mar 26, 2023 8:35am
Quoting TradeHGG11
Hello, Does anyone know if different prop firm can see each others account? For example, instead of buying a 200K account from MFF, I would prefer to buy a 100K from MFF and a 100K from TFT, and then trade them exactly the same(so copying trades). I do this because I am worried one might shut down and i get scammed like has happened to me before(theproptrading), and i lose all my money. And they both also have limits on the amount of funded accounts you can have so at one point you might be forced to use multiple firms. So i wonder if they can see...
If the prop firms are different, it wouldn't matter if the trades are identical.
  • #14,604
  • Mar 26, 2023 9:45am Mar 26, 2023 9:45am
Hi anyone would like to share experience trading with MFF, thinking to join them, thanks in advance
  • #14,605
  • Mar 26, 2023 10:09am Mar 26, 2023 10:09am
Quoting TradeHGG11
Hello, Does anyone know if different prop firm can see each others account? For example, instead of buying a 200K account from MFF, I would prefer to buy a 100K from MFF and a 100K from TFT, and then trade them exactly the same(so copying trades). I do this because I am worried one might shut down and i get scammed like has happened to me before(theproptrading), and i lose all my money. And they both also have limits on the amount of funded accounts you can have so at one point you might be forced to use multiple firms. So i wonder if they can see...
Copy trading FROM YOUR OWN ACCOUNTS is OK. Not against the rules at any firm (except maybe TFTP standard????....it was in the past) I only use royal with them so not sure. There are several traders I know (some even in this thread) that use one firm as master and actually use copy trader software to copy to 3-4 others.
I manually trade at 4 different firms (MFF,FTMO,TFTP and TFF) and although I trade certain instruments at certain firms, there are definitely times I have the same trades on with more than 1 firm. I do not use copy trader EA or software though.
  • #14,606
  • Mar 26, 2023 10:15am Mar 26, 2023 10:15am
Quoting tradealltime
Hi anyone would like to share experience trading with MFF, thinking to join them, thanks in advance
If I were starting over TODAY and was only going to start with one firm........MFF by far would be the choice.
  • #14,607
  • Mar 26, 2023 12:54pm Mar 26, 2023 12:54pm
Quoting TradeHGG11
Hello, Does anyone know if different prop firm can see each others account? For example, instead of buying a 200K account from MFF, I would prefer to buy a 100K from MFF and a 100K from TFT, and then trade them exactly the same(so copying trades). I do this because I am worried one might shut down and i get scammed like has happened to me before(theproptrading), and i lose all my money. And they both also have limits on the amount of funded accounts you can have so at one point you might be forced to use multiple firms. So i wonder if they can see...
i am really hard time understanding why would anyone want copier unless they are scalping. Even if they allow why to raise red flags while using copier. it takes hardly 5 seconds to switch accounts and place limit orders.
  • #14,608
  • Mar 26, 2023 7:14pm Mar 26, 2023 7:14pm
Assuming trader is funded, if the account gets breached what happens with any remaining profits on the account?
  • #14,609
  • Mar 26, 2023 7:47pm Mar 26, 2023 7:47pm
Quoting Yippee
Assuming trader is funded, if the account gets breached what happens with any remaining profits on the account?
All prop firms except FTMO forfeited.
  • #14,610
  • Mar 26, 2023 11:25pm Mar 26, 2023 11:25pm
Quoting sampat
{quote} All prop firms except FTMO forfeited.
You mean the trader loses any generated profits if the account is breached? FTMO is the only one that let's the trader keep the generated profits?
  • #14,612
  • Mar 27, 2023 2:07am Mar 27, 2023 2:07am
Quoting sampat
i am really hard time understanding why would anyone want copier unless they are scalping.
-Yes, scalping. But also consider people with many accounts. Trying to run many instances of metatrader may not only slow things down, but it can cause confusion and/or create more possibilities for error.
  • #14,613
  • Edited 3:36am Mar 27, 2023 3:04am | Edited 3:36am
Quoting sampat
{quote} i am really hard time understanding why would anyone want copier unless they are scalping. Even if they allow why to raise red flags while using copier. it takes hardly 5 seconds to switch accounts and place limit orders.
Why? One example - I trade multiple accounts with multiple prop firms and I don't use MT for trading (never have and never ever will). So I copy everything from my personal cTrader master account. Also, I don't use limit or stop orders. I trade everything at market only.

Edit:
And when trading multiple accounts, they have various sizes too. One master account allows me to use my own (constant) balance which greatly simplifies my risk management. All I do is then maintain multiplication factors among the accounts I copy to. Much easier than doing it all account by account individually
Money is made by sitting, not trading
  • #14,614
  • Mar 27, 2023 3:21am Mar 27, 2023 3:21am
Quoting sampat
{quote} i am really hard time understanding why would anyone want copier unless they are scalping. Even if they allow why to raise red flags while using copier. it takes hardly 5 seconds to switch accounts and place limit orders.
sorry for misunderstanding but I am not using a copier, i want to manually copy my own trades, but just worried maybe prop firms share information and would tell me that i am trade copying
  • #14,615
  • Mar 27, 2023 4:02am Mar 27, 2023 4:02am
what happened at the open this night on UK100 and GER30 on MFF?

please explain, I can't understand that gap for hours.
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in holiday till end of November
  • #14,616
  • Mar 27, 2023 4:10am Mar 27, 2023 4:10am
Quoting pipmaster77
{quote} Copy trading FROM YOUR OWN ACCOUNTS is OK. Not against the rules at any firm (except maybe TFTP standard????....it was in the past) I only use royal with them so not sure. There are several traders I know (some even in this thread) that use one firm as master and actually use copy trader software to copy to 3-4 others. I manually trade at 4 different firms (MFF,FTMO,TFTP and TFF) and although I trade certain instruments at certain firms, there are definitely times I have the same trades on with more than 1 firm. I do not use copy trader...
the top quality prop firms that doesn't allow copy are:

The Fundend Trader Program - TFTP standard swing and rapid swing account
E8Funding - Elev8 and E8 and other programs

https://docs.google.com/spreadsheets...it?usp=sharing
in holiday till end of November
  • #14,617
  • Mar 27, 2023 4:12am Mar 27, 2023 4:12am
Quoting Vitore
{quote} Why? One example - I trade multiple accounts with multiple prop firms and I don't use MT for trading (never have and never ever will). So I copy everything from my personal cTrader master account. Also, I don't use limit or stop orders. I trade everything at market only. Edit: And when trading multiple accounts, they have various sizes too. One master account allows me to use my own (constant) balance which greatly simplifies my risk management. All I do is then maintain multiplication factors among the accounts I copy to. Much easier than...
congrats your account is flying
in holiday till end of November
  • #14,618
  • Mar 27, 2023 4:20am Mar 27, 2023 4:20am
Quoting forexbali
{quote} the top quality prop firms that doesn't allow copy are: The Fundend Trader Program - TFTP standard swing and rapid swing account E8Funding - Elev8 and E8 and other programs https://docs.google.com/spreadsheets...it?usp=sharing
E8 allows copy trading, as far as I can tell
Money is made by sitting, not trading
  • #14,619
  • Mar 27, 2023 4:21am Mar 27, 2023 4:21am
Quoting forexbali
{quote} congrats your account is flying
Thanks, it's just a few days, I hope I won't screw it up as usually
Money is made by sitting, not trading
  • #14,620
  • Mar 27, 2023 4:37am Mar 27, 2023 4:37am
Quoting Vitore
{quote} Thanks, it's just a few days, I hope I won't screw it up as usually
which trading technique are you using?

I think you can pause that account and wait for payout? and trade other accounts?
in holiday till end of November
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