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  • #14,641
  • Mar 28, 2023 6:02am Mar 28, 2023 6:02am
Quoting forexbali
I can't find now anymore how many ROYAL accounts we can merge, funded. Please help me to figure it out, before was 2x200K but now with 400K account, I can't find this info. Please help. Otherwise I will need to chat with them. https://help.thefundedtraderprogram....ze-i-can-trade they updated 1 week ago. So I think it would be 2x300 or 1x200+1x400

Can I Merge Accounts? | The Funded Trader Knowledge Center (thefundedtraderprogram.com)

There are no limits stated, so seems like 1 600K account is possible
  • #14,642
  • Mar 28, 2023 6:45am Mar 28, 2023 6:45am
Is there a way to copy my trades onto another account? So when I open a trade on one account it will do it automatically on another account with out me having to login and manually do it?
  • #14,644
  • Mar 28, 2023 7:19am Mar 28, 2023 7:19am
Quoting TradeHGG11
{quote} What is the reason behind this? I have never seen a prop offer synthetics before but it is only an option, you are not forced to trade them
yes correct you don't need to use the synthetics option .. but no legitimate firm would offer synthetics. Many other prop firms out there with good offers and without the fictitious synthetics. Read up about the synthetics and see why they are bad.
  • #14,645
  • Mar 28, 2023 8:18am Mar 28, 2023 8:18am
Quoting youngD
{quote} I've read "best loser wins" And the stories Tom says from his or other traders experience are really interesting, and some facts from brokers as well. But Jareds book is like different world for me. He structured everything so I became like my own mentor now, and I am aware of so many things happening with my emotions during trading that I can say after reading this book my trading was never the same. It is hard to read, takes time and practice to sort things he says about but after few months it just pays off.
Just starting reading it and it looks promising, thanks!
Money is made by sitting, not trading
  • #14,646
  • Mar 28, 2023 9:56am Mar 28, 2023 9:56am
Hello, does anyone have experience with The Trading Pit?
  • #14,647
  • Mar 28, 2023 1:02pm Mar 28, 2023 1:02pm
Quoting Feelas
{quote} the company gives bonuses for positive 5star reviews. be careful when using Trustpilot.
So does Lux.
  • #14,648
  • Mar 28, 2023 1:03pm Mar 28, 2023 1:03pm
Quoting Vitore
{quote} Just starting reading it and it looks promising, thanks!
Tom Hougaard is the man. Period. Full Stop.
  • #14,649
  • Mar 29, 2023 12:14pm Mar 29, 2023 12:14pm
Quoting Expo33
About a month ago MyFundedFX made an announcement that a trader was up like 40K and blew it all before the payout was due. They said how sad they were because they really wanted to make that first big payment. You know, to get a little shine on their new business. Well, hopefully, they'll get a second chance to fork over roughly 56K if this trader doesn't give it all back. {image}
Hmmm, sh*t happens. I was up 43k with them this week. I said to myself I needed to slow down. So I did. Thanks god I did. Prevented me from blowing it all as well. I gave a lot back to the market but at least I managed to keep it 5 digit Tomorrow is my profit split so I rather stopped trading already. My first one with MFFX
Money is made by sitting, not trading
  • #14,650
  • Mar 29, 2023 12:31pm Mar 29, 2023 12:31pm
Has anyone compared the spread and slippage of Myforexfunds vs FTMO, who can help me?
Be happy, friendly, humble and winner!!
  • #14,651
  • Mar 29, 2023 2:27pm Mar 29, 2023 2:27pm
Quoting Ak386
Has anyone compared the spread and slippage of Myforexfunds vs FTMO

You must be asking for "general information", I think?

Sorry, they're both acceptable, but I can't help specifically.

You surely wouldn't allow forum impressions of their relative spreads and slippage to make the decision which to try, when one is 10% profit/10% drawdown, and the other is 8% target/12% drawdown?!
  • #14,652
  • Mar 29, 2023 2:58pm Mar 29, 2023 2:58pm
Quoting KarlKraus
{quote}You surely wouldn't allow forum impressions of their relative spreads and slippage to make the decision which to try, when one is 10% profit/10% drawdown, and the other is 8% target/12% drawdown?!
For any other firm than MFF/FTMO I would. If the respected few here replied me that the slippage of the 8%/12% is terrible I would chose 10%/10%

I traded with E8 and their cost and slippage was insane. Even now when they offer commission-free trading it is more expensive (at least for indices and gold) than anyone else. I wouldn't trade with them again even if they offered me 5% target for 20% DD.
Money is made by sitting, not trading
  • #14,653
  • Mar 29, 2023 4:05pm Mar 29, 2023 4:05pm
Prop firms wants a 4% or 5% drawdown but they have a horrible spread and slippage, for this moment I try comparing EIGHTCAP broker vs FTMO in all pairs FTMO wins, it is easier to work with FTMO.
I think that our success is in the spread and slippage more than all the nice things that the Prop firms say, it would be very nice if those who know MFF give an opinion about the spread and slippage
Be happy, friendly, humble and winner!!
  • #14,654
  • Mar 29, 2023 4:50pm Mar 29, 2023 4:50pm
Quoting Ak386
Prop firms wants a 4% or 5% drawdown but they have a horrible spread and slippage, for this moment I try comparing EIGHTCAP broker vs FTMO in all pairs FTMO wins, it is easier to work with FTMO. I think that our success is in the spread and slippage more than all the nice things that the Prop firms say, it would be very nice if those who know MFF give an opinion about the spread and slippage
I use MFF, FTMO, TFF and TFTP. All are on their own raw feed, except TFTP (8cap), spreads are great on all, if I get slippage, it is + slipppage from hitting a TP limit order. I tend to trade the indices with MFF and FTMO as they offer 0 commish and I stay away from silver on eightcap, for some reason the spread on silver is horrible there.

With that being said, I am not a scalper and I trade with 2% risk of ALLOWABLE LOSS. Most often, I scale into positions accross the 4 firms. I AM NOT YOUR TYPICAL PROP TRADER. My max DD this month is 0.38%. However, I am able to grind out 0.6-0.8% weekly with a less than 1% risk of ruin. It is a nice sum when you are with 4 firms and I am never stressed out over ANY trade. It's actually pretty boring.

If I were starting out TODAY and only using one firm it would be MFF. FTMO would be second choice, other two are interchangeable (although TFTP is much larger than TFF). I'd love to use E8, but see no reason to pay more, also looking at the 5%ers new "high risk" challenge, as I feel they are a very trusted firm, just up until now have not offered anything of value to a trader. Jury still out on MyFundedFX, want to see how the 5 figure payout goes this week for Vitore. Bottom line, there are 2 excellent firms and 2 very good firms to start with. Just start and reinvest refunded fees and profits to scale into the others.

I can post MFF spraeds on live account around NY open tomorrow if you'd like.
  • #14,655
  • Mar 29, 2023 5:32pm Mar 29, 2023 5:32pm
Pipmaster thank you for answering your review is very important
Be happy, friendly, humble and winner!!
  • #14,656
  • Mar 30, 2023 12:31am Mar 30, 2023 12:31am
Quoting pipmaster77
{quote}Jury still out on MyFundedFX, want to see how the 5 figure payout goes this week for Vitore.
So far the process seems very quick and smooth. Right after the midnight (MT server time = i.e. even earlier than midnight in US where MFFX resides) of the profit split day I was able to request the payout, Deel contract was issued within a few minutes. After signing the contract the milestone with the profit split amount + fee refund + promo bonus appeared within a few minutes again. Now I'm waiting for the milestone approval and money transfer to Deel (from my experience I cannot see the approval until the money arrives even when it's given immediately)

Will keep you all posted
Money is made by sitting, not trading
  • #14,657
  • Mar 30, 2023 2:49am Mar 30, 2023 2:49am
Haven't been posting because of real life stuff and work stuff. Hope you are all doing well.

Sounds like some big things will be coming to the prop space this year, maybe fundednext will stop botting their traffic and paying for reviews, wouldnt that be something.

I remember when this thread was new the number of people who said within a year this niche would be gone.... yet here we are still profiting.
  • #14,658
  • Edited 3:33am Mar 30, 2023 3:07am | Edited 3:33am
Mff recent discord post...

Hello @everyone, At MyForexFunds we are always on the look out for real traders who can trade real conditions so that we can grow together and stay together in the long run. In order to be sure that our traders are successful on real conditions we have now installed VWAP (depth of market) on our trading servers. Whether or not you are trading on our phases or on your live account you will now be trading on depth of market which are true market conditions (obviously rapid and phase 1 and 2 traders do not take out liquidity on the real market). Some people refer to it as ECN some people wrongly call it STP and some people don't realize that most retail price feeds and execution engines are just simulations and thats how spreads can often touch 0. Our liquidity hub includes almost every tier 1 and 2 liquidity provider as well as hundreds of brokers from around the world. The top of the book (best available price) is as good as it gets on the real market and liquidity also includes other traders at MyForexFunds (which a lot of the time can order match a large portion of the order flow internally).

In most instances this change will go un-noticed by traders, especially traders who trade reasonable lot sizes and aren't using all their margin or doing silly things like news straddling. If you are considering going all in on your accounts, understand that there is not unlimited liquidity in any market, all in is not trading.

We have some very special announcements in the next few weeks that are related to this announcement which are very exciting for us and will further cement us at the top of the prop firm marketplace. We look forward to sharing them with you.

Have a great day everyone.


The massive lot 2-3 pip sl SMC/yolo 5% target = sl crowd will probably be in trouble during evaluation + Live under new conditions. Haven't they always claimed we were trading vs depth of market since last summer? In my opinion there are some serious levels of BS here, there is no way in hell they are sending anyone during eval or 97% of live traders that fail to reach payout to market... however they may have upgraded their back end to more realistically simulate an ECN/futures trading environment based on available real time DOM liquidity.
  • #14,659
  • Mar 30, 2023 3:22am Mar 30, 2023 3:22am
Quoting CableJ
Mff recent discord post... In my opinion there are some serious levels of BS here, there is no way in hell they are sending anyone during eval or 97% of live traders that fail to reach payout to market... however they may have upgraded their back end to more realistically simulate an ECN/futures trading environment based on available real time DOM liquidity.
I must agree. I never believed their communication, there were always some catches or missing pieces or misinformation. This one seems no different.

Anyways, I guess this might have something to do with their ongoing (and years delayed) cTrader/cServer integration. cTrader always used the "real market" DOM/VWAP order execution even on the demo accounts. They probably have to (finally) use the same model for MT server as well so that all their accounts offer identical/comparable trading conditions. But maybe I'm wrong...
Money is made by sitting, not trading
  • #14,660
  • Mar 30, 2023 4:36am Mar 30, 2023 4:36am
Quoting Vitore
this might have something to do with their ongoing (and years delayed) cTrader/cServer integration. cTrader always used the "real market" DOM/VWAP order execution even on the demo accounts. They probably have to (finally) use the same model for MT server as well so that all their accounts offer identical/comparable trading conditions. But maybe I'm wrong...

I think almost certainly you're right.
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