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  • #21,881
  • Sep 15, 2023 1:00pm Sep 15, 2023 1:00pm
Quoting genuine007
i am little bit in hurry now because i really need big payout from some big funded account my feeling saying to me just buy a new challenge account somewhat from a new prop firm and do trading on that but.. as i don't have money to buy any new challenge
Quoting genuine007
i am in little hurry and risking daily loss limit as i have big debt which i am paying in monthly installment every month
Quoting genuine007
as now i am fully dependent on this trading alone, no job and no side income
-Stop trading. Would be my advice. If you are hurting for cash, pushing for big wins etc., then you are bound to go bust and be worse-off as you were before you even started. Work a regular job for a while. Save up some money. Do not consider trading until you can comfortably afford to do so. There are ways to deal with debt, but gambling what little bit that you have left is not a good approach in my opinion.
  • #21,882
  • Sep 15, 2023 1:51pm Sep 15, 2023 1:51pm
Quoting Takisd
Hahah miss MFF yet? seems it, everyday is drama with the prop firms currently in the market. Ftmo laughing all the way to the virtual funds bank. also I’ll take this chance to further express the funding pips ceo is a clown in the biggest circus
No.
Inserted Video

RIP MFF.
Another week without MFF. Prop firm industry is better, more transparent, more promotion.
  • #21,883
  • Sep 15, 2023 2:09pm Sep 15, 2023 2:09pm
Quoting Tim_isoara
{quote} No. https://youtu.be/wTkLLQjgoEU?si=xbTPQy0_aKwqUcMg RIP MFF. Another week without MFF. Prop firm industry is better, more transparent, more promotion.
The serpent's head is severed but the body is still wiggling.
  • #21,884
  • Sep 15, 2023 2:10pm Sep 15, 2023 2:10pm
Guys look at this, Tools4brokers now offers solution for prop trading firms, so we will see some brokers in the future having their prop firms
  • #21,885
  • Sep 15, 2023 2:27pm Sep 15, 2023 2:27pm
Quoting OutThere
{quote} The serpent's head is severed but the body is still wiggling.
No. He let his body to pay. The head of the snake flees. He doesn't like prison.
  • #21,886
  • Sep 15, 2023 3:19pm Sep 15, 2023 3:19pm
Quoting DeltaCapital
Guys look at this, Tools4brokers now offers solution for prop trading firms, so we will see some brokers in the future having their prop firms
Used to work with them and the experience was not very good.
  • #21,887
  • Sep 15, 2023 3:30pm Sep 15, 2023 3:30pm
Trolls hunt in packs. Amazing.

People got me curious about brokers with leverage for offshore US and EU citizens. I asked a round, came up with a short list I am going to take a look at and treat as a prop firm account for fun.

As mentioned previously, until the MFF case is over and we know what shit storm is behind it, no prop accounts for me. Telegram and twitter goings on is only further confirming that a shit storm is coming.
  • #21,888
  • Sep 15, 2023 3:49pm Sep 15, 2023 3:49pm
Quoting Takisd
Trolls hunt in packs. Amazing. People got me curious about brokers with leverage for offshore US and EU citizens. I asked a round, came up with a short list I am going to take a look at and treat as a prop firm account for fun. As mentioned previously, until the MFF case is over and we know what shit storm is behind it, no prop accounts for me. Telegram and twitter goings on is only further confirming that a shit storm is coming.
I'd be curious to see your list once you've had a chance to test them. Is Coinexx on it?
  • #21,889
  • Sep 15, 2023 3:56pm Sep 15, 2023 3:56pm
Quoting AaronPriest
{quote} I'd be curious to see your list once you've had a chance to test them. Is Coinexx on it?
No but I will add it.

I won't release any names until I test them. I try to avoid crypto as much as possible but if i have to.....
  • #21,890
  • Sep 15, 2023 3:57pm Sep 15, 2023 3:57pm
Quoting AaronPriest
{quote} I'd be curious to see your list once you've had a chance to test them. Is Coinexx on it?
Tradersway, by far, is the best option. I have used them for 9 years without issue. They do not onboard NEW customers from the US though. Since last couple of years I believe. I have used LQDFX, Coinexx, FXChoice, EagleFX as well.
  • #21,891
  • Sep 15, 2023 4:09pm Sep 15, 2023 4:09pm
Quoting pipmaster77
{quote} Tradersway, by far, is the best option. I have used them for 9 years without issue. They do not onboard NEW customers from the US though. Since last couple of years I believe. I have used LQDFX, Coinexx, FXChoice, EagleFX as well.
I have a TradersWay login and used a demo there for many years, sadly I did not actually fund an account and now I can't. So it's not just new customers, it's new accounts apparently.
  • #21,892
  • Sep 15, 2023 4:11pm Sep 15, 2023 4:11pm
Quoting fxbarwise
Does anyone have experience with Lux Trading. They claim that they have all their funded traders on A-book only, trading real money not demo. I have signed up for a demo account on their Lux Trader platform which is a custom version of Tradingview. Their 1 minute time frame feed has been up and down (down mostly) for the last couple of days. They say they are working on the problem but have not been able to fix it. I would not be comfortable buying an evaluation account if they cannot fix an issue like this on their platform. Is anyone here a funded...
not recommended...
  • #21,893
  • Sep 15, 2023 4:53pm Sep 15, 2023 4:53pm
Quoting Takisd
Trolls hunt in packs. Amazing. People got me curious about brokers with leverage for offshore US and EU citizens. I asked a round, came up with a short list I am going to take a look at and treat as a prop firm account for fun. As mentioned previously, until the MFF case is over and we know what shit storm is behind it, no prop accounts for me. Telegram and twitter goings on is only further confirming that a shit storm is coming.
Business us usual. No prop accounts in the past, no prop accounts now. You can have a broker account, you don't need to pass a challenge.
  • #21,894
  • Sep 15, 2023 5:55pm Sep 15, 2023 5:55pm
Just out of curiosity. These prop trading companies like FTMO will pay you out even if you're just looking to risk a massive gamble trade after getting, say, a 100k "funded" account?

Let's say I then place a single trade, risk the allowed -5% per day (-1R) and time the start of a massive trending day correctly and i am at +50% (+10R) 8 hours later. I stop and request a withdrawal of this winnings.

At 100k that would mean 40k (minus the 20%) that stays with FTMO. What is the catch?
  • #21,895
  • Sep 15, 2023 6:05pm Sep 15, 2023 6:05pm
Quoting lddd
Just out of curiosity. These prop trading companies like FTMO will pay you out even if you're just looking to risk a massive gamble trade after getting, say, a 100k "funded" account? Let's say I then place a single trade, risk the allowed -5% per day (-1R) and time the start of a massive trending day correctly and i am at +50% (+10R) 8 hours later. I stop and request a withdrawal of this winnings. At 100k that would mean 40k (minus the 20%) that stays with FTMO. What is the catch?
Please show me a single (seriouse and tradable) instrument that can make 50 % in one day...??? What are you talking about?
  • #21,896
  • Sep 15, 2023 6:12pm Sep 15, 2023 6:12pm
Quoting pipmaster77
I have used LQDFX, Coinexx, FXChoice, EagleFX as well.
-Indeed. There are others, as well, but I won't mention them here. Coinexx used to be better than it is now.
  • #21,897
  • Sep 15, 2023 6:22pm Sep 15, 2023 6:22pm
Quoting doyathink
{quote} not recommended...
can you elaborate a bit ?
  • #21,898
  • Sep 15, 2023 6:22pm Sep 15, 2023 6:22pm
Quoting Alesamo
Please show me a single (seriouse and tradable) instrument that can make 50 % in one day...??? What are you talking about?
-Probably, this would depend on what your definition of serious is. Risk is subjective, of course, but flipping an account in a day is very possible.
  • #21,899
  • Sep 15, 2023 6:22pm Sep 15, 2023 6:22pm
Quoting Alesamo
{quote} Please show me a single (seriouse and tradable) instrument that can make 50 % in one day...??? What are you talking about?
He's saying if he timed a move perfectly. Let's say 50 lots of EURUSD ($500/pip) with a 10 pip stop and it runs for 100 pips. Profit would be 50K, 80% split gets you 40K. It is not the instrument, it is the size of the trade.
  • #21,900
  • Sep 15, 2023 6:26pm Sep 15, 2023 6:26pm
Quoting lddd
What is the catch?
-The catch is, you still have to risk your own money (initially) for the challenge, and you still have to pass each phase of the challenge. There is also the fact that the account size is not really 100k, only the buying power is, which is basically leverage on steroids (a nice tool to trip up traders). Some props require you to trade live for a while before getting a withdrawal (including your refund). Just another trick to try to trip up traders and grab their money.

Beyond that, any firm that does not like your trading can terminate your account. "Gambling behavior" is a good excuse that some like to use, even though the draw-down allowances are clearly defined and there are often no consistency rules (nor stop-loss requirements etc.). It is all a big hypocrisy. "Trade how you want -- UNLESS WE DON'T LIKE IT... and if you're profitable, then we probably won't like it".

BUT, if you can learn how to work within the system, then the opportunity is there (or, used to be; the future is currently uncertain). If you are a good trader, then you may be able to grab a chunk of that ponzi pie for yourself. Okay, maybe not ponzi pie, but virtual pie. Mmmm... tasty.
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