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  • #24,101
  • Oct 12, 2023 10:25am Oct 12, 2023 10:25am
Quoting Vitore
{quote} Besides FTMO who else offers cTrader? I'm not aware of anyone
ACG offers cTrader. They just started working with them so there is a 25% discount with them ( I think it's still active)
  • #24,102
  • Oct 12, 2023 10:26am Oct 12, 2023 10:26am
Quoting Cryptosurf
{quote} If you have money to burn then have at it. You admitted that you failed 4 out of 5 challenges. That should be a warning to you. Instead you intend to dig yourself a deeper hole by going balls deep and buy accounts with every sketchy prop firm around. If you been paying attention to this thread, several are blatantly denying payouts and/or on the brink of insolvency. The only ones that seem to still be on firm ground are FTMO and the5ers. And yet you disregarded FTMO because you could buy more from some other sketchy firm. Quantity does mean...
Appreciate your opinion. I am not disregarding FTMO. Just for now going with the option of doing more challenges. As i said before was my first time. Usually i am very high risk trader. Coz of those habits lost it. Personally, i know i improve more by practising. As for the money i make from forex and then invest in it.
Extreme gut feeling trader
  • #24,103
  • Oct 12, 2023 10:33am Oct 12, 2023 10:33am
Quoting Tobiazzek
{quote} ACG offers cTrader. They just started working with them so there is a 25% discount with them ( I think it's still active)
where do you see that ?!

this is on the website

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  • #24,104
  • Oct 12, 2023 10:46am Oct 12, 2023 10:46am
Quoting Tobiazzek
{quote} ACG offers cTrader. They just started working with them so there is a 25% discount with them ( I think it's still active)
They only announced it. As several others did before (MFF, TFF, TFT, Funded Engineer, Ryze, afaik) though none of them released it. Some of them have been promising it for over a year without any result. So I take it with a grain of salt.
Money is made by sitting, not trading
  • #24,105
  • Oct 12, 2023 10:49am Oct 12, 2023 10:49am
Quoting montygoldy
{quote} Appreciate your opinion. I am not disregarding FTMO. Just for now going with the option of doing more challenges. As i said before was my first time. Usually i am very high risk trader. Coz of those habits lost it. Personally, i know i improve more by practising. As for the money i make from forex and then invest in it.
Trying to save you your hard earned money.

First - realise, you are a loser at prop firms trading game. Start with free trials or trade on your personal demo account with prop firm rules. As soon as you succeed 10 times on demo - you are ready.
  • #24,106
  • Oct 12, 2023 11:20am Oct 12, 2023 11:20am
which is good prop form for Indians ??
PaRaM
  • #24,107
  • Oct 12, 2023 11:30am Oct 12, 2023 11:30am
Quoting driven18
{quote} Trying to save you your hard earned money. First - realise, you are a loser at prop firms trading game. Start with free trials or trade on your personal demo account with prop firm rules. As soon as you succeed 10 times on demo - you are ready.
or, at the very least, do the 5K or 10K options.....if you fail, it's less than dinner for two, if you pass, use your first profit split to purchase bigger challenge, as you will just reinvest house money at that point.
  • #24,108
  • Oct 12, 2023 11:48am Oct 12, 2023 11:48am
Quoting Stoneyrocks
{quote} where do you see that ?! this is on the website {image}
Ah my bad, I thought it was up and running. Didn't pay that much attention as I use MT5
  • #24,109
  • Oct 12, 2023 11:49am Oct 12, 2023 11:49am
Do not forget it is easier to make money with props than on personal account because of the score. Any score above 3 gives you real value for money. If you can make money with props it does not mean you can make money on personal account too. So I would not give up on prop firm challenges (until I had enough for a while...).
  • #24,110
  • Oct 12, 2023 11:56am Oct 12, 2023 11:56am
Quoting TrAndy1
Do not forget it is easier to make money with props than on personal account because of the score. Any score above 3 gives you real value for money. If you can make money with props it does not mean you can make money on personal account too. So I would not give up on prop firm challenges (until I had enough for a while...).
JFC, score doesn’t mean if one is unable to pass.

No one ever passed any prop firm with flimsy scoring.
Trade with confidence, trade without fear.
  • #24,111
  • Oct 12, 2023 11:58am Oct 12, 2023 11:58am
Quoting TrAndy1
Do not forget it is easier to make money with props than on personal account because of the score. Any score above 3 gives you real value for money. If you can make money with props it does not mean you can make money on personal account too. So I would not give up on prop firm challenges (until I had enough for a while...).
after bespoke one can you share your RESEARCHED LIST OF prop firms you be interested in??
Extreme gut feeling trader
  • #24,112
  • Edited 12:27pm Oct 12, 2023 12:13pm | Edited 12:27pm
Quoting montygoldy
{quote} after bespoke one can you share your RESEARCHED LIST OF prop firms you be interested in??
The only ones who have an outside shot of surviving what the CFTC is doing are FTMO an the 5%ers. As I posted earleir, start small and reinvest the profits....no need to blow 5K in one shot....especially if you are high risk, aggressive trader.
With that being said, FTMO really isn't a good value until the 100K, so if you take my advice and start small, I'd go 5%ers.
When I say 5%ers, I am referring to their HIGH STAKES model ONLY.
  • #24,113
  • Oct 12, 2023 12:27pm Oct 12, 2023 12:27pm
Quoting montygoldy
{quote} after bespoke one can you share your RESEARCHED LIST OF prop firms you be interested in??
idk maybe FTMO and ACG. 5ers bit too small for me. But actually it took me around 2 months to pass so I will wait now until the MFF case is settled down. This could shake the industry a lot and then I am in the middle of my new challenges. I won't do that. Until then I trade my personal account and my hedge fund account only.
  • #24,114
  • Oct 12, 2023 12:35pm Oct 12, 2023 12:35pm
I tried to help some prop for dealing. If you knew how little they really know about fx ... yikes
  • #24,115
  • Oct 12, 2023 1:35pm Oct 12, 2023 1:35pm
Quoting Takisd
Hearing murmurs that metaquotes are about to take action against unregulated prop firms using their platforms.
-This is not surprising. Now that the CFTC has made public, just how much MFF was pulling in, it would be unthinkable for Metaquotes to just do nothing. But what does this mean for props? They just start paying for the licensing and maintenance fees, as well as any back fees up to this point (else face legal action)? And if props start using a license for metatrader, does this leave them more vulnerable to regulators? Curious about your thoughts.
  • #24,116
  • Oct 12, 2023 1:53pm Oct 12, 2023 1:53pm
Quoting Nsak3y
{quote}-This is not surprising. Now that the CFTC has made public, just how much MFF was pulling in, it would be unthinkable for Metaquotes to just do nothing. But what does this mean for props? They just start paying for the licensing and maintenance fees, as well as any back fees up to this point (else face legal action)? And if props start using a license for metatrader, does this leave them more vulnerable to regulators? Curious about your thoughts.
I think that meta would go after the brokers facilitating it. Its not about fees, its about risk
  • #24,117
  • Oct 12, 2023 2:15pm Oct 12, 2023 2:15pm
Quoting TrAndy1
Do not forget it is easier to make money with props than on personal account because of the score. Any score above 3 gives you real value for money. If you can make money with props it does not mean you can make money on personal account too. So I would not give up on prop firm challenges (until I had enough for a while...).
The score is nonsense. If you pass the challenge they refund the money. If you don't pass the challenge you lose the money. So...the score is not important. Important is the prop firm to pay...
  • #24,118
  • Oct 12, 2023 2:18pm Oct 12, 2023 2:18pm
Quoting Takisd
I think that meta would go after the brokers facilitating it. Its not about fees, its about risk
-You think so? I wonder what kind of liability meta would have, though? Surely, they cannot be held liable for what others do with their software, even if they are leasing it out. On the other hand, giving regulators any excuse to try to restrict access to your software might provide enough incentive to ensure that all is above board.
  • #24,119
  • Oct 12, 2023 2:23pm Oct 12, 2023 2:23pm
Quoting Nsak3y
{quote}-You think so? I wonder what kind of liability meta would have, though? Surely, they cannot be held liable for what others do with their software, even if they are leasing it out. On the other hand, giving regulators any excuse to try to restrict access to your software might provide enough incentive to ensure that all is above board.
A more likely approach would be for MQ to require every prop firm to have their own MT5 server in order to be able to collect more money from the prop industry.
  • #24,120
  • Oct 12, 2023 2:43pm Oct 12, 2023 2:43pm
Quoting Nsak3y
{quote}-You think so? I wonder what kind of liability meta would have, though? Surely, they cannot be held liable for what others do with their software, even if they are leasing it out. On the other hand, giving regulators any excuse to try to restrict access to your software might provide enough incentive to ensure that all is above board.
They are ALWAYS scared of the CFTC.. Russian money and all that. remember Meta is russian.
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