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  • #26,461
  • Nov 20, 2023 7:22pm Nov 20, 2023 7:22pm
Quoting Capablanca
{quote} Login is the same in Apex dashboard. you probably have an account 123456-1 Then they will issue 123456-2 123456-3 123456-4 123456-5 ... In Rythmic I see one line for each of these accounts. So login is the same for all accounts. I don't know in other platforms.
On Ninja you need to buy trade copier. Apex provides one which is pretty cheap and use it to copy multiple accounts. It is one time perpetual license. If you want to trade individually you need to switch accounts on ninjatrader. It is really pain to do all these things.
Also if you want to copy trades on multiple brokers you need to buy Replikanto and you need to set up Virtual machine locally or buy Forex VPS with monthly subscription and install rithmic as only one instance of it is allowed per machine.
  • #26,462
  • Nov 20, 2023 8:53pm Nov 20, 2023 8:53pm
Quoting sampat
{quote} On Ninja you need to buy trade copier. Apex provides one which is pretty cheap and use it to copy multiple accounts. It is one time perpetual license. If you want to trade individually you need to switch accounts on ninjatrader. It is really pain to do all these things. Also if you want to copy trades on multiple brokers you need to buy Replikanto and you need to set up Virtual machine locally or buy Forex VPS with monthly subscription and install rithmic as only one instance of it is allowed per machine.
Duplikium Copier works with Ninja and all Ninja brokerages. seems like a easier cheaper solution.
also, quant tower has a built-in free copier.
  • #26,463
  • Nov 20, 2023 10:08pm Nov 20, 2023 10:08pm
when you guys choosing prop firm, do you check latency ?
I see huge difference in profit, doing scalping, same size lot, USDCAD, o.1, same ea settings for both brokers. Demo.
-One broker is 150ms latency, profit 0.26 cents (my laptop)
-Second broker 13ms latency, profit 0.98 cents (New York-EC2)
Commission same= $3/per lot
Attached Image(s) (click to enlarge)
Click to Enlarge Name: server 13ms.JPG Size: 3 KB
Click to Enlarge Name: server 150ms.JPG Size: 4 KB
  • #26,464
  • Nov 20, 2023 11:40pm Nov 20, 2023 11:40pm
Quoting StreetPunk
when you guys choosing prop firm, do you check latency ? I see huge difference in profit, doing scalping
-You have to if you are scalping; same thing with spreads/commissions etc.. But if you really want to go with a specific firm, then you may not have much choice. If you are doing automated trading, then you should consider using a VPS that is closest to their server(s).
  • #26,465
  • Nov 21, 2023 2:57am Nov 21, 2023 2:57am
Quoting StreetPunk
when you guys choosing prop firm, do you check latency ? I see huge difference in profit, doing scalping, same size lot, USDCAD, o.1, same ea settings for both brokers. Demo. -One broker is 150ms latency, profit 0.26 cents (my laptop) -Second broker 13ms latency, profit 0.98 cents (New York-EC2) Commission same= $3/per lot {image} {image}
Latency is important but the difference may also be caused by different price feeds. I noticed that price changes in various frequency and delays on various brokers and it cannot be fully attributed to the latency only. They simply update the quotes differently (understandable on the decentralized forex market). When you target for such tiny profits then you may experience very different results across brokers/prop firms
Money is made by sitting, not trading
  • #26,466
  • Nov 21, 2023 5:30am Nov 21, 2023 5:30am
what everyone is asking...or thinking..

what is the one prop firm where i can (with a fairly high probability P>>0.65)
expect a payout?

are there any??

or is it merely...hope they don't 'find' any violations

i read only negative...is there any positive?
  • #26,467
  • Nov 21, 2023 8:09am Nov 21, 2023 8:09am
Funding trader offering 30% discount...
I think they're an ok firm to trade with.
  • #26,468
  • Nov 21, 2023 8:18am Nov 21, 2023 8:18am
Topstep sent me an email asking me to change my password because there was a security breach.
What about you?
Don't give up on your dreams. Keep sleeping.
  • #26,469
  • Nov 21, 2023 8:25am Nov 21, 2023 8:25am
Quoting michaelaldan
what everyone is asking...or thinking.. what is the one prop firm where i can (with a fairly high probability P>>0.65) expect a payout? are there any?? or is it merely...hope they don't 'find' any violations i read only negative...is there any positive?
FTMO
  • #26,470
  • Nov 21, 2023 9:40am Nov 21, 2023 9:40am
Quoting OutThere
Quoting Ferna
Young woman explains why we younger people proably should take a couple of years off the labour market, until regulators and big government get their shit together: https://www.youtube.com/watch?v=E7ndaj7__ts[/quote That lady and the guy need to travel bsck in time to the 90's and experience the low wages and the high prices of rent and food compared to the average income of those years. Been hearing rants like this since forever and blaming it on gov policies is nothing new either. These guys need to buckle up,
...
Interesting. I think the lady does have a point, but her solutions won't address the problems she's solving for..
  • #26,471
  • Nov 21, 2023 9:45am Nov 21, 2023 9:45am
Quoting Capablanca
{quote} FTMO
FTMO, 5%ers, TFF < 10K..........what I would be looking for is any non US based firm with 5+ years in business.........once you apply those filters it is FTMO and the 5%ers. In my opinion, not only do all of these "business in a box" firms that popped up in the past year scam and find every way to deny payouts, but I also believe they are responsible for ruining this entire industry of remote prop firms.
  • #26,472
  • Nov 21, 2023 11:30am Nov 21, 2023 11:30am
[quote=pipmaster77;14662934]{quote} FTMO, 5%ers, TFF < 10K..........
I was on the TFF discord earlier on and few people complaining that they waiting for about 8 weeks now for a payout.
They don't give a reason so not really sure as to whats going on with this firm.

Hope your futures trading is going well...
  • #26,473
  • Nov 21, 2023 11:43am Nov 21, 2023 11:43am
[quote=Lrg;14663101]
Quoting pipmaster77
{quote} FTMO, 5%ers, TFF < 10K.......... I was on the TFF discord earlier on and few people complaining that they waiting for about 8 weeks now for a payout. They don't give a reason so not really sure as to whats going on with this firm. Hope your futures trading is going well...
Not sure if those were big payouts but in the last 3 weeks I received 2 payouts from TFF (low 4 figures). Both by crypto and received the same day I requested it.
They have, though, the old (intentional) problem of sending the credentials only the next day, mid afternoon London time, which doesn't allow to trade much. It's basically 2 business days without trading in each cycle of 14 days. They do this on purpose to decrease the number of payouts per year.
  • #26,474
  • Nov 21, 2023 12:34pm Nov 21, 2023 12:34pm
[quote=Lrg;14663101]
Quoting pipmaster77
{quote} FTMO, 5%ers, TFF < 10K.......... I was on the TFF discord earlier on and few people complaining that they waiting for about 8 weeks now for a payout. They don't give a reason so not really sure as to whats going on with this firm. Hope your futures trading is going well...
Wow, any idea how large of a payout? I've never had an issue with them, but also never anything above like $3,500.
I blew up my APEX accounts, only 3 of them, they were all in profit, I really need to adjust to trailing DD.
  • #26,475
  • Nov 21, 2023 1:38pm Nov 21, 2023 1:38pm
Quoting michaelaldan
what everyone is asking...or thinking.. what is the one prop firm where i can (with a fairly high probability P>>0.65) expect a payout? are there any?? or is it merely...hope they don't 'find' any violations i read only negative...is there any positive?
FTMO
The Trading Pit
Money is made by sitting, not trading
  • #26,476
  • Nov 21, 2023 1:44pm Nov 21, 2023 1:44pm
[quote=pipmaster77;14663179]
Quoting Lrg
{quote} Wow, any idea how large of a payout? I've never had an issue with them, but also never anything above like $3,500. I blew up my APEX accounts, only 3 of them, they were all in profit, I really need to adjust to trailing DD.
They don't state the amount just complaining about the long delay in payout.
Maybe they are big payouts as you and Capa saying that you'll get paid out but with small amounts.
I think the trick is with all these firms is too keep your payouts small and stay under the radar then you'll be fine.

Sorry about your Apex accounts but I'm sure you'll get the hang of it.
  • #26,477
  • Nov 21, 2023 2:22pm Nov 21, 2023 2:22pm
Quoting pipmaster77
{quote} FTMO, 5%ers, TFF < 10K..........what I would be looking for is any non US based firm with 5+ years in business.........once you apply those filters it is FTMO and the 5%ers. In my opinion, not only do all of these "business in a box" firms that popped up in the past year scam and find every way to deny payouts, but I also believe they are responsible for ruining this entire industry of remote prop firms.
Any opinion on City Traders Imperium, or CTI?

(After the ones you mentioned, of course)
A snails pace wins the race :-)
  • #26,478
  • Nov 21, 2023 3:09pm Nov 21, 2023 3:09pm
Quoting JustPipMe
{quote} Any opinion on City Traders Imperium, or CTI? (After the ones you mentioned, of course)
Never used them, but I believe Capablanca posted recently and wasn't impressed.
  • #26,479
  • Nov 21, 2023 7:34pm Nov 21, 2023 7:34pm
Black Friday promo on the5ers only for their Hyper Growth and Bootcamp programs, but no promo for High Stakes.

I guess they don't need to boost new registration on High Stakes program
  • #26,480
  • Nov 21, 2023 7:35pm Nov 21, 2023 7:35pm
Quoting michaelaldan
..... what is the one prop firm where i can (with a fairly high probability P>>0.65) expect a payout? are there any?? or is it merely...hope they don't 'find' any violations i read only negative...is there any positive?
Topstep.

5 winning days ( they do not have to be consecutive) of at least $200.00 and you're eligible for a payout. No consistency rule. No "you didn't follow the strategy you told us you were going to use". No "We think you used a 'bot' ". No games.

  1. Payout is up to 50% (up to 4 times a month)
  2. After 30 winning days of at least $200.00, you can request up to the entire balance
  3. If you go from XFA to live, you can make a payout request, even if you made a request the previous day.

And you're trading futures, so none of the bs associated with spot currencies and cfds.

Without VSA, you're playing checkers while the Smart Money plays chess.
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