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  • #25,261
  • Nov 1, 2023 11:27am Nov 1, 2023 11:27am
Quoting fx_rookie
a lot of marketing videos with funded traders on their youtube channel. Do they have this participation video rule too?
I do not think so, otherwise there should be 10 times more such videos around. But I think they have a good promo offer like 90% discount code forever valid as incentive for making a video I guess....
  • #25,262
  • Nov 1, 2023 12:09pm Nov 1, 2023 12:09pm
Quoting TrAndy1
{quote} I do not think so, otherwise there should be 10 times more such videos around. But I think they have a good promo offer like 90% discount code forever valid as incentive for making a video I guess....
Where you get promo code? Do you prefer tradovate or rithmic and why?
  • #25,263
  • Nov 1, 2023 12:14pm Nov 1, 2023 12:14pm
Quoting kalastaja
{quote} Where you get promo code? Do you prefer tradovate or rithmic and why?
https://www.apextraderfunding.com/coupon_code.html and I prefer Rithmic. Because it is fast and stable.
  • #25,264
  • Nov 1, 2023 12:23pm Nov 1, 2023 12:23pm
Quoting TrAndy1
{quote} https://www.apextraderfunding.com/coupon_code.html and I prefer Rithmic. Because it is fast and stable.
ok, thanks!
  • #25,265
  • Nov 1, 2023 1:32pm Nov 1, 2023 1:32pm
[quote=Capablanca;14639091]{quote} If you're interested in Alpha you may contact them to see what is this. I think this didn't exist and it may be something to replace the refund fee (maybe legal questions ?):

Then in this case I think Funding Traders is better than ACG.
With Funding Trader you get 130% refund.
Also I read that you have to wait 5 days for account to get verified after you pass challenge at ACG. Cant remember if they allow martingale/grid style trading, I think Funding trader allows it..
  • #25,266
  • Nov 1, 2023 1:50pm Nov 1, 2023 1:50pm
Quoting Capablanca
MFF also had some traders stp but that was a very very very small % or all funded traders.
-Yes. MFF admitted that all traders eventually fail once placed on live (if I recall correctly), so I wonder what their procedure was when one of those traders purchased a new account after failing... if they were immediately placed back on live, or, if MFF treated each account differently/separately.

If placed back on live, then maybe better to not get flagged as competent, and to treat half of your accounts with each prop as high-risk/fun accounts that you do not care about losing.

In any case, those that learn how the game works will have the best chances.
  • #25,267
  • Nov 1, 2023 1:52pm Nov 1, 2023 1:52pm
[quote=Lrg;14639634]
Quoting Capablanca
{quote} If you're interested in Alpha you may contact them to see what is this. I think this didn't exist and it may be something to replace the refund fee (maybe legal questions ?): Then in this case I think Funding Traders is better than ACG. With Funding Trader you get 130% refund. Also I read that you have to wait 5 days for account to get verified after you pass challenge at ACG. Cant remember if they allow martingale/grid style trading, I think Funding trader allows it..
You do not know if they pay. They have some discretionary rules in their Terms. ACG not. ACG is paying also much more surely than the other one you mentioned.
  • #25,268
  • Nov 1, 2023 2:08pm Nov 1, 2023 2:08pm
Quoting Nsak3y
{quote}-Yes. MFF admitted that all traders eventually fail once placed on live (if I recall correctly), so I wonder what their procedure was when one of those traders purchased a new account after failing... if they were immediately placed back on live, or, if MFF treated each account differently/separately. If placed back on live, then maybe better to not get flagged as competent, and to treat half of your accounts with each prop as high-risk/fun accounts that you do not care about losing. In any case, those that learn how the game works will have...
1% of MFF traders were on STP. Which is probably more than most brokers. They appear to have treated STP as an off ramp and not a profit making scheme, rightly so based on stats.

There is a piece of information i think is missing from their argument that they should have included and that is whether or not traders who were put on stp, had already been paid. If thats the case then why does this case even exist? Guy with no skin in the game gets real world conditions and loses their edge, sky is blue, grass is green.
  • #25,269
  • Nov 1, 2023 2:26pm Nov 1, 2023 2:26pm
Alright closing the day for phase 1 challenges.
Balances:

1. SkilledFunded - 205,500
2. BlueGuradian - 205,251
3. MYFF - 204,891

Started the day with 3.5% negative. Closing with 2.5% positive.
Till now e8cap broker is horrible to much slippage sometimes 2+ pips.
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Extreme gut feeling trader
  • #25,270
  • Nov 1, 2023 2:49pm Nov 1, 2023 2:49pm
[quote=TrAndy1;14639670]
Quoting Lrg
{quote} You do not know if they pay. They have some discretionary rules in their Terms. ACG not. ACG is paying also much more surely than the other one you mentioned.
Oh ok, thanks for your input.
I actually thought that Funding Trader was a better option
  • #25,271
  • Nov 1, 2023 3:37pm Nov 1, 2023 3:37pm
Quoting kalastaja
{quote} Where you get promo code? Do you prefer tradovate or rithmic and why?
I love tradovate:

1. nice app via web and also MAC version
2. tradingview trading
3. nice app via mobile with chart that you can put on left of the order book
4. as for rithmic you get ninjatrader license

I feel so good with this set up for my trading style that is so simple right now because I know before the open where the market will top or bottom, that I don't think I'm going to set up soon ninja on a windows pc or parallels.

I checked also topstep and they are offering it. So Tradovate is quite popular, and I could be happy to switch to other props offering the same set up.

I checked in app store or google play the app of Rithmic and doesn't seem to me good looking, but never tested.

Also I checked the webversion of rithmic and seem not so powerfull like the tradovate app.

However feel free please to post some screenshots, I always do.

BTW I continued to trade today because I was waiting this area 4260 for short scalping and I closed the second day with +1943$ profit on my 1500$ profit goal.

I should qualify next tuesday, waiting 7 days, still at the 2nd day.
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in holiday till end of November
  • #25,272
  • Nov 1, 2023 4:10pm Nov 1, 2023 4:10pm
Another negative for e8cap i have some shorts for gold. E8cap swaps are exactly half of think markets … come on ….i dont know why e8cap still in business with such things as compared to other brokers…
Extreme gut feeling trader
  • #25,273
  • Edited 7:13pm Nov 1, 2023 4:19pm | Edited 7:13pm
Quoting TrAndy1
https://www.youtube.com/watch?v=uDyuE30m5W8 https://www.youtube.com/watch?v=ZBufyB2qqXU&t=799s Best is you can continue to trade without any waiting time at Apex. After 2 days waiting for approvement you can also blow the account and still get the requested payout. Second, international bank wire is also possible. No Wise required. It is good.
Ok I added my profile, Wise it is working for me, for now. Let's see.... if true at the payout day.

payout page of APEX with the list of all the payments done to traders

https://apextraderfunding.com/payouts.html

have you checked it? I found it for the first time

About Funding Traders

I have read a lot of posts today about it, please do you know which broker do they use and which is the spread on US500?

however, I think I will give up with MT5 and I will focus on futures prop, the quality of trading I have here is amazing and don't know why, the fees to join seem much cheaper than prop fx. And again as scalper, I gain much more from the spread of futures props.

TOPSTEP: I was reading all the rules of this prop. Website is almost perfect and I liked everything, at the end I read what I attach here in the image,
that micro contracts are for them like full size lots. So in few worlds if you have 5 lots of ES as limit, you can trade 50 micros. This mean that they push you to bet with bigger sizes and they don't allow you to manage your risk using micros.
why this rule? no sense for me, unique idea to manage at the best your risk could be open 14 lots of micros and if needed start to add 1 full size lot, close 1-4 micros, add one full size lot and so on... but this will require 2 dome open and to manage 2 different contracts.
Why to waste a perfect program with such rule?
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in holiday till end of November
  • #25,274
  • Nov 1, 2023 8:54pm Nov 1, 2023 8:54pm
Breaking: My Forex Funds Questions CFTC's Jurisdictions
  • #25,275
  • Nov 1, 2023 11:46pm Nov 1, 2023 11:46pm
Quoting forexbali
{quote} So in few worlds if you have 5 lots of ES as limit, you can trade 50 micros. }
Most if not all futures prop firms have it like this. When I asked around their support chats a time ago at least. When you see a futures prop firm saying 5 lots limit whatever they also provide equivalent in micros 10x per normal lot.
  • #25,276
  • Nov 2, 2023 1:37am Nov 2, 2023 1:37am
I joined 'Apex Trader Funding' group on Facebook. There are many active participants and useful info in comments too. There is also a lot of bullsh*t.
I found interesting comments about trade copiers which can be used if you manage several accounts.
We must prepare well for all issues and rules, so all additional info should be considered.
  • #25,277
  • Nov 2, 2023 2:43am Nov 2, 2023 2:43am
Quoting labu
{quote} Most if not all futures prop firms have it like this. When I asked around their support chats a time ago at least. When you see a futures prop firm saying 5 lots limit whatever they also provide equivalent in micros 10x per normal lot.
Perhaps it seems that the 5 and 15 lots of topstep, at that price, are not given since the first day, you have to "scale" to arrive to such lots.
So very nice website, but conditions seems a big limit.

Any alternative to APEX to diversify? can anyone make a top 5 list of the best prop for futures where we can risk some challenge and the one that are offering also 10x micros, because topstep offer doesn't seem right now a good choice.
in holiday till end of November
  • #25,278
  • Nov 2, 2023 2:48am Nov 2, 2023 2:48am
From twitter:
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  • #25,279
  • Nov 2, 2023 3:06am Nov 2, 2023 3:06am
Quoting forexbali
{quote} Perhaps it seems that the 5 and 15 lots of topstep, at that price, are not given since the first day, you have to "scale" to arrive to such lots. So very nice website, but conditions seems a big limit. Any alternative to APEX to diversify? ...
As far as I know from twitter space, APEX and Topstep are the most popular choices.
  • #25,280
  • Nov 2, 2023 4:32am Nov 2, 2023 4:32am
Earn 2 trade got promo at the moment. 50k trader career path for 50$ , you don't pay for data fee.
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