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  • #21,621
  • Sep 12, 2023 1:09pm Sep 12, 2023 1:09pm
Quoting DeltaCapital
{quote}Here you can see minimum equity or deposit for each stage and minimum days {image}
And the formula how the edge score is calculated is not open to everyone as the broker did not want to specific I see, which I do not find it helpful.
I mean I have no clue how difficult it is to achieve an edge score of 90 ?! What does it mean in details really ? What are the trade-offs within here ? Formula to that ?
  • #21,622
  • Sep 12, 2023 1:11pm Sep 12, 2023 1:11pm
Quoting DeltaCapital
As i said the only negative is too much minimum days, but maybe they reduce in future, anyways looks good offer for long term
Ya I think you are right from the looks of it.

9 months to a million. Not too bad. Who else here has traded with a prop and ended up with 1 million of funds in 9 months?
  • #21,623
  • Sep 12, 2023 1:12pm Sep 12, 2023 1:12pm
Quoting TrAndy1
{quote} And the formula how the edge score is calculated is not open to everyone as the broker did not want to specific I see, which I do not find it helpful. I mean I have no clue how difficult it is to achieve an edge score of 90 ?! What does it mean in details really ? What are the trade-offs within here ? Formula to that ?
Will ask support about that, but you will have a dashboard where you see that info i think
  • #21,624
  • Sep 12, 2023 1:15pm Sep 12, 2023 1:15pm
Quoting TrAndy1
{quote} And the formula how the edge score is calculated is not open to everyone as the broker did not want to specific I see, which I do not find it helpful. I mean I have no clue how difficult it is to achieve an edge score of 90 ?! What does it mean in details really ? What are the trade-offs within here ? Formula to that ?
I was in Darwinex program and in Axi's previous funding program. I found Axi to be better but longer to achieve max funding.
Darwinex capped traders earnings to around 6%/mo. If you made even 100%, only 6% would be considered legit(!) and your share would be based on that.
Seems lime Axi doesn't cap traders earnings.
  • #21,625
  • Sep 12, 2023 1:16pm Sep 12, 2023 1:16pm
Quoting OutThere
{quote} Ya I think you are right from the looks of it. 9 months to a million. Not too bad. Who else here has traded with a prop and ended up with 1 million of funds in 9 months?
I ended to $1.4 million funded within 2 months with challenges and I am adding another 1.2 million within the third month as it looks like right now. So much quicker!
  • #21,626
  • Sep 12, 2023 1:17pm Sep 12, 2023 1:17pm
Quoting OutThere
{quote} Ya I think you are right from the looks of it. 9 months to a million. Not too bad. Who else here has traded with a prop and ended up with 1 million of funds in 9 months?
Yeah not to bad if you considere that you dont lose in anyway you fee or deposit and if you lose a stage you go to previous stage and still can earn profit sounds really good to me
  • #21,627
  • Sep 12, 2023 1:18pm Sep 12, 2023 1:18pm
Quoting OutThere
{quote} I was in Darwinex program and in Axi's previous funding program. I found Axi to be better but longer to achieve max funding. Darwinex capped traders earnings to around 6%/mo. If you made even 100%, only 6% would be considered legit(!) and your share would be based on that. Seems lime Axi doesn't cap traders earnings.
how was previous axi program can you explain major key points?
  • #21,628
  • Sep 12, 2023 1:21pm Sep 12, 2023 1:21pm
Quoting DeltaCapital
{quote} Will ask support about that, but you will have a dashboard where you see that info i think
I deposited funds only yesterday. This is the dashboard and I am at zero.
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  • #21,629
  • Sep 12, 2023 1:23pm Sep 12, 2023 1:23pm
Quoting TrAndy1
{quote} I ended to $1.4 million funded within 2 months with challenges and I am adding another 1.2 million within the third month as it looks like right now. So much quicker!
I suggest you stick with props then for speed but of course nothing stopping you from joining a 'long term' funding program' that maybe more legitimate, if you have the patience.
  • #21,630
  • Sep 12, 2023 1:25pm Sep 12, 2023 1:25pm
Quoting TrAndy1
{quote} And the formula how the edge score is calculated is not open to everyone as the broker did not want to specific I see, which I do not find it helpful. I mean I have no clue how difficult it is to achieve an edge score of 90 ?! What does it mean in details really ? What are the trade-offs within here ? Formula to that ?
this is the response i got from support

Dear , The Edge score is a numerical representation that assesses your trading performance. It grants you a comprehensive and distinctive insight into your trading abilities, empowering you to flourish in your trading journey. It is a weighted average of three measurable components of trading: Skill, Risk, Consistency, and then multiplied by a discount factor depending on your Experience. • Skill Measures your ability to generate profits while effectively managing drawdowns. • Risk Evaluates your proficiency in managing risks effectively. • Consistency Reflects your ability to achieve consistent gains, which showcases your understanding of market dynamics. • Experience Assesses whether you meet the minimum criteria for displaying credible trading experience.

Anthony diz:If your account is new, you need to trade regularly so your Edge Score updates from time to time. It is suggested to open with at least 20 trades to reach at least an edge score of 50.
  • #21,631
  • Sep 12, 2023 1:25pm Sep 12, 2023 1:25pm
Quoting DeltaCapital
{quote}Yeah not to bad if you considere that you dont lose in anyway you fee or deposit and if you lose a stage you go to previous stage and still can earn profit sounds really good to me
It is a slow burner for some but yes, it has many advantages compared to these fly by night props.
  • #21,632
  • Sep 12, 2023 1:29pm Sep 12, 2023 1:29pm
Quoting DeltaCapital
{quote} this is the response i got from support Dear , The Edge score is a numerical representation that assesses your trading performance. It grants you a comprehensive and distinctive insight into your trading abilities, empowering you to flourish in your trading journey. It is a weighted average of three measurable components of trading: Skill, Risk, Consistency, and then multiplied by a discount factor depending on your Experience. • Skill Measures your ability to generate profits while effectively managing drawdowns. • Risk Evaluates your proficiency...
Blah blah and no exact formula. You do not know how this is calculated and what is important and how much. That is not good, if you need score of 90 later.
What happens if you trade like hell and met all criteria and your score is in the 80s and you do not get to the next level and then you ask support and get this text answer ? Does it really help you ? You need to find out on your own how to get your 90 score and then you have the formula find out for yourself. That is pretty bad.
  • #21,633
  • Sep 12, 2023 1:29pm Sep 12, 2023 1:29pm
So the more you trade or actively trade, more your score gets higher
Kinda contraditory for me since you need to wait many days and still be actively trading...
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  • #21,634
  • Sep 12, 2023 1:30pm Sep 12, 2023 1:30pm
Quoting DeltaCapital
{quote} how was previous axi program can you explain major key points?
It was several years ago and I don't remember much.
The procedure was much more complex with several stages and you had to trade AUDUSD in their evaluation...at least at some of the stages.
I was in it for a short time. I didn't like it and dropped out. Profitfarmer is the best person to ask. He has been through it all.
  • #21,635
  • Sep 12, 2023 1:30pm Sep 12, 2023 1:30pm
There is a reason people dont use these prop firms on brokers that have been here for ages.
  • #21,636
  • Sep 12, 2023 1:32pm Sep 12, 2023 1:32pm
Quoting Takisd
There is a reason people dont use these prop firms on brokers that have been here for ages.
yeah always a thing that makes it not be good as it looks, but if more brokers gets to this maybe they offer better terms
  • #21,637
  • Sep 12, 2023 1:33pm Sep 12, 2023 1:33pm
Quoting DeltaCapital
So the more you trade or actively trade, more your score gets higher Kinda contraditory for me since you need to wait many days and still be actively trading... {image}
I don't use SL and I carry trades during weekend, so my score is going to suffer but my trading is strong on other conditions, so I'll be OK. I had a high score, I think 80+ back then even with not using SL.
  • #21,638
  • Sep 12, 2023 1:34pm Sep 12, 2023 1:34pm
Quoting OutThere
{quote} It was several years ago and I don't remember much. The procedure was much more complex with several stages and you had to trade AUDUSD in their evaluation...at least at some of the stages. I was in it for a short time. I didn't like it and dropped out. Profitfarmer is the best person to ask. He has been through it all.
Let us know if you continue with this axi program, when i reach 400k in ftmo maybe i open axi account and try it too
  • #21,639
  • Sep 12, 2023 1:35pm Sep 12, 2023 1:35pm
Quoting OutThere
{quote} I don't use SL and I carry trades during weekend, so my score is going to suffer but my trading is strong on other conditions, so I'll be OK. I had a high score, I think 80+ back then even with not using SL.
Sounds good maybe not to hard to get a good score, looks like darwinex zero score
  • #21,640
  • Sep 12, 2023 1:36pm Sep 12, 2023 1:36pm
They are offering this because it is low/no risk. Brokers aren't going to take the same risk that these props do. You shouldn't expect significantly better offerings from them.
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