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  • #25,701
  • Nov 7, 2023 10:15pm Nov 7, 2023 10:15pm
Quoting voeltoez
{quote} MyForexFund?
yes
Intraday only.
  • #25,702
  • Nov 7, 2023 10:22pm Nov 7, 2023 10:22pm
Quoting navk
{quote} yes
i had 200k at them too..but i believe they wont come back..just move on..
  • #25,703
  • Nov 7, 2023 10:27pm Nov 7, 2023 10:27pm
Quoting voeltoez
{quote} i had 200k at them too..but i believe they wont come back..just move on..
I doubt they'll be able to get out.
Exhausted
  • #25,704
  • Nov 7, 2023 11:14pm Nov 7, 2023 11:14pm
I spent all day yesterday reading Apex FAQs, watching youtube videos, and testing the Tradovate platform for my 2 $50k accounts.
Saw a vid with a guy that trades using the DOM and clicks on join bid/join ask instead of market for better fills.
I made some minor mistakes of looking at 1 chart but clicking on a different instrument on the dom haha or doubling the contract size bec I clicked on join bid/ask twice. But now I know how to use the tradovate platform and the group trade feature.

Let me know if you have tips how to make everything smooth and better for tradovate futures trading.
Also, I haven't seen other payment methods for non-US residents. On the Apex fb group, they just say they have a new method for International payments but not really specific what it is.
  • #25,705
  • Nov 7, 2023 11:14pm Nov 7, 2023 11:14pm
Just glanced at the "consistency rules" for APEX-funded traders.

https://support.apextraderfunding.co...istency-Rules-

Now my head hurts

Ironically you can gamble your face off for the evaluation. That makes sense, right?
Pride always comes before destruction.... -Proverbs 16:18
  • #25,706
  • Nov 7, 2023 11:22pm Nov 7, 2023 11:22pm
Quoting montygoldy
{quote} MFF- Myflashfunding -- took 6 trading days to get funded on (MFF and SkilledFunded) and phase 2 on blue guardian.... This is my 2nd batch of challenges EVER. Last month tried 5 x100k with 5 different firms failed 4 got funding on 1 (Bespoke which is close to payout). Still learning to adapt to prop firms world. But Slowly getting hang of it.

the first time you said u want to start trading prop firm I remember telling you to take it 1 step at a time because you trade on very high lots and you are not so familiar with the DD rules since you’ve alway trade on your real account with 100% DD

try to pass 1 and take the pay out to fund new account so you can have clear mind and keep focus out of the money except if all you want is just the money and not the growth
MY OPINION NOT FINANCIAL ADVISE
  • #25,707
  • Nov 8, 2023 12:29am Nov 8, 2023 12:29am
Quoting montygoldy
{quote} Goodluck brother i am on same boat on funded account with them. In deep drawdown will recover slowly. I bought Myflashfunding coz of their Halloween discount really cheap 30% off. Now they are offering i guess 25%.
The comm of USD 7 is too high. Do you take this into consideration when choosing prop firms as it's part of your trading cost [if you day trading]
  • #25,708
  • Nov 8, 2023 1:15am Nov 8, 2023 1:15am
Quoting Lrg
{quote} The comm of USD 7 is too high. Do you take this into consideration when choosing prop firms as it's part of your trading cost [if you day trading]
Nope just looking for the cheapest options…
Extreme gut feeling trader
  • #25,709
  • Nov 8, 2023 1:15am Nov 8, 2023 1:15am
Quoting donfriday
{quote} the first time you said u want to start trading prop firm I remember telling you to take it 1 step at a time because you trade on very high lots and you are not so familiar with the DD rules since you’ve alway trade on your real account with 100% DD try to pass 1 and take the pay out to fund new account so you can have clear mind and keep focus out of the money except if all you want is just the money and not the growth
Agree totally ….
Extreme gut feeling trader
  • #25,710
  • Nov 8, 2023 1:36am Nov 8, 2023 1:36am
Quoting montygoldy
{quote} Agree totally ….
Hello, good time, what about your prop accounts?
I will succeed Not immediately... but definitely
  • #25,711
  • Nov 8, 2023 1:52am Nov 8, 2023 1:52am
Topstep done, paid 50$ for 50k evaluation. Now i paid 149$ activation fee. Withdrawal up to 50% of profits when you reach minimum 5 winning days of 200 $ each. So basically need to earn 1000 or more and i can withdraw half of profits. After 30 winning days u are able withdraw 100% of profits. Now interesting fact, no rules at funded account. No consistency , no news trading rule etc.
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  • #25,712
  • Nov 8, 2023 2:02am Nov 8, 2023 2:02am
Quoting Phoenix-
{quote} Hello, good time, what about your prop accounts?
1. Skilled - wait for end of the week to get funded.
2. Mff - 186,300 balance on funded account. Conservative recovery mode till yet for today made only 250 bucks on the account.
3. Blue guardian - phase 2 similar balance like mff and same strategy.
lesson learnt need to go slow n conservative on funded account.
Extreme gut feeling trader
  • #25,713
  • Nov 8, 2023 2:25am Nov 8, 2023 2:25am
Quoting Cryptosurf
{quote} Passed First ten accounts, paid the lifetime fee and already assigned PA accounts. {image} {image}
So, how was the process ?
You closed the trades and all was automatic ? Like receiving the email saying you nailed it and asking for fee payment ?
And funded accounts are created straight away, as soon as you pay the lifetime fees ?
  • #25,714
  • Nov 8, 2023 2:28am Nov 8, 2023 2:28am
Quoting montygoldy
{quote} 1. Skilled - wait for end of the week to get funded. 2. Mff - 186,300 balance on funded account. Conservative recovery mode till yet for today made only 250 bucks on the account. 3. Blue guardian - phase 2 similar balance like mff and same strategy. lesson learnt need to go slow n conservative on funded account.
perfect
wishes to pass all 3 accounts and make money more and more
I will succeed Not immediately... but definitely
  • #25,715
  • Nov 8, 2023 2:39am Nov 8, 2023 2:39am
Quoting navk
Any news about MFF case ?
I'm keeping an eye at NOK's tweeter but haven't seen anything so far
------------------

In the meantime, it's impressive the quantity of claims against Bespoke in Tweeter. The guy has already a lot of formal claims in UK. This is just another one (you may not see the original post of NOK but you can see the remaining ones).
https://twitter.com/patriot786/statu...81988981461430
https://twitter.com/TraderNOK/status...61254465524013

Besides the scam behavior, I think this can be a tax because if a trader makes X profit and that is denied, it means that the company has X of extraordinary profits (not paid to trader). This should be subject to taxes.

Yep, we know that this is not true, they just provide a videogame, but this is not how they present it. If the tax services are smart they will demand props to pay taxes on the denied payouts.

These scammers deserve jail in all senses, both behavior fraud and tax felony.
  • #25,716
  • Nov 8, 2023 2:43am Nov 8, 2023 2:43am
Quoting Expo33
Just glanced at the "consistency rules" for APEX-funded traders. https://support.apextraderfunding.co...istency-Rules- Now my head hurts Ironically you can gamble your face off for the evaluation. That makes sense, right?
Yep, I read that before joining them and found too discretionarily. I would normally not touch a firm with these kind of rules. I just did because I didn't find anything strange in trust pilot about that in so many reviews. Anyway, I'm a bit cautious. Let's see how it goes.
  • #25,717
  • Nov 8, 2023 2:58am Nov 8, 2023 2:58am
Quoting Capablanca
{quote} Besides the scam behavior, I think this can be a tax because if a trader makes X profit and that is denied, it means that the company has X of extraordinary profits (not paid to trader). This should be subject to taxes. Yep, we know that this is not true, they just provide a videogame, but this is not how they present it. If the tax services are smart they will demand props to pay taxes on the denied payouts. These scammers deserve jail in all senses, both behavior fraud and tax felony.
In UK, videogame/simulated propfirms should be treated as gambling/spreadbetting. Zero tax for trader(gambler). Propfirm should pay gambling duties.
  • #25,718
  • Nov 8, 2023 3:04am Nov 8, 2023 3:04am
Quoting rizla101
{quote} In UK, videogame/simulated propfirms should be treated as gambling/spreadbetting. Zero tax for trader(gambler). Propfirm should pay gambling duties.
But they don't have a license for that
  • #25,719
  • Nov 8, 2023 3:22am Nov 8, 2023 3:22am
Hello everyone, I'm new, which funds are reputable now?
Thank you
  • #25,720
  • Nov 8, 2023 3:36am Nov 8, 2023 3:36am
Quoting Capablanca
{quote} But they don't have a license for that
Correct, They are unlicensed betting shop masquerading as financial company masquerading as a software company
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