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Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

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  • #31,381
  • Feb 22, 2024 2:32am Feb 22, 2024 2:32am
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Drawdown is more important than Account Size !
  • #31,382
  • Feb 22, 2024 2:50am Feb 22, 2024 2:50am
Quoting Capablanca
{quote} Funded Next is probably one of the worse choices. Right now, with all this turmoil in props, I would go to FTMO and 5ers because they are the ones with fewer incidences in terms of payout. But nothing is guaranteed, of course. Anyone can shut down at any moment.
Noted bro got it. Thank you for your kind reply and recommendation.
  • #31,383
  • Feb 22, 2024 2:55am Feb 22, 2024 2:55am
Quoting Mitiblotch
{quote} Gratefully so. I can resume my 25k challenge there.
Good luck w their buggy Match Trader. FP Discord is exploding w anger right now. Dozens, if not 100+ irate customers.

I’m US citizen, so unaffected. But as you’re in UK, just fyi…
A snails pace wins the race :-)
  • #31,384
  • Feb 22, 2024 3:00am Feb 22, 2024 3:00am
Metatrader will always be king.
  • #31,385
  • Edited 4:57am Feb 22, 2024 3:07am | Edited 4:57am
Quoting Expo33
{quote} I just bought a 100K Tradovate challenge and got my credentials in a minute just like always.
This was 3h ago. Do you still have the account ?
------------

This apex promo seems nice. I have a couple of challenges running so I'm going to either busting or passing them till tomorrow and, if busted, I'll load 20 casino chips at 90%.
  • #31,386
  • Feb 22, 2024 3:12am Feb 22, 2024 3:12am
Quoting Takisd
Metatrader will always be king.
Yup. Recently spread 5k over four off-shore brokers just to trade cfds on MT4/5
A snails pace wins the race :-)
  • #31,387
  • Feb 22, 2024 3:12am Feb 22, 2024 3:12am
Quoting Capablanca
{quote} This was 3h ago. Do you still have the account ------------ This apex promo seems nice. I have a couple of challenges running so I'm going to either busting or passing them till tomorrow and, if busted, I'll load 20 casino chips at 90%.
  • #31,388
  • Feb 22, 2024 3:18am Feb 22, 2024 3:18am
Quoting JustPipMe
{quote} Good luck w their buggy Match Trader. FP Discord is exploding w anger right now. Dozens, if not 100+ irate customers. I’m US citizen, so unaffected. But as you’re in UK, just fyi…
Thanks for the update. I may have to do all my analysis on MT4 / trading view as usual and only use match trader to take trades.
  • #31,389
  • Feb 22, 2024 4:22am Feb 22, 2024 4:22am
Quoting Contessa22
Once the forex props add futures to their arsenal and offer better pricing and no trailing drawdown, plus mt5, I think they can get a chunk of apex’s market share.
costs are higher on the futures side dealing with US regulated brokers.
  • #31,390
  • Edited 4:46am Feb 22, 2024 4:26am | Edited 4:46am
Quoting JustPipMe
{quote} Good luck w their buggy Match Trader. FP Discord is exploding w anger right now. Dozens, if not 100+ irate customers. I’m US citizen, so unaffected. But as you’re in UK, just fyi…
DX trade & match trader are both proving to be subpar platforms. Ctrader is really the only viable alternative to Meta but is DOA as a platform to start onboarding US traders again.
  • #31,391
  • Edited 4:49am Feb 22, 2024 4:29am | Edited 4:49am
Quoting Capablanca
{quote} This was 3h ago. Do you still have the account ------------ This apex promo seems nice. I have a couple of challenges running so I'm going to either busting or passing them till tomorrow and, if busted, I'll load 20 casino chips at 90%.
Currently @ Apex I have 7 50K live accounts past the payout threshold, and just loaded up with another 10 evals lol
  • #31,392
  • Feb 22, 2024 4:51am Feb 22, 2024 4:51am
Anyone can check swaps for crypto for funding pips, been asking 3 times support but no answer match trader says "0" Swap but it's probably wrong.
  • #31,393
  • Feb 22, 2024 5:05am Feb 22, 2024 5:05am
I tested matchtrader in a FP challenge that I have running.

I'm pretty sure of having seen this before in some broker demo. Could it be a saxobank white label ?
  • #31,394
  • Feb 22, 2024 5:07am Feb 22, 2024 5:07am
Quoting Capablanca
I tested matchtrader in a FP challenge that I have running. I'm pretty sure of having seen this before in some broker demo. Could it be a saxobank white label ?
No, XTB. You know that big polish scam.
  • #31,395
  • Feb 22, 2024 5:19am Feb 22, 2024 5:19am
Quoting Takisd
{quote} No, XTB. You know that big polish scam.
Strange. It was long long time since I tested that platform.
XTB is not serious ?! I know a lot of people that have there their passive portfolios because they don't charge commissions, or something like that, I think.
  • #31,396
  • Feb 22, 2024 5:25am Feb 22, 2024 5:25am
Email from TFF

Dear xxx,
First, I would like to personally thank you for your patience and your trust in us for the past couple of weeks.
We are aware that you have anticipated your payout for a while now, and we are thrilled as much as you are that it is finally on its way, congratulations!
As you may know that the recent events have had a negative impact on the industry in general and True Forex Funds in particular, and it will require some effort, from us and from our loyal traders to rebuild the trust with the trading community, to be able to achieve our shared goal of mutual growth and success.
It would be highly appreciated by the whole team of True Forex Funds to share your success story with us, over the different social media channels and with trading communities, as this would have a greatly positive impact towards regaining the trust that was damaged due to the past events.
Congratulations again on your achievements!
Keep on trading!
Best regards,
Richard Nagy

He must be joking. This guy never compensated traders for TFF tech problems and never solved the recent freezing problems and now comes talking about trust and asking for help ? Fck you !
  • #31,397
  • Feb 22, 2024 5:34am Feb 22, 2024 5:34am
Quoting Capablanca
Email from TFF Dear xxx, First, I would like to personally thank you for your patience and your trust in us for the past couple of weeks. We are aware that you have anticipated your payout for a while now, and we are thrilled as much as you are that it is finally on its way, congratulations! As you may know that the recent events have had a negative impact on the industry in general and True Forex Funds in particular, and it will require some effort, from us and from our loyal traders to rebuild the trust with the trading community, to be able to...
What a prick! When I started reading it I naively thought they were going to give u a free challenge....silly me!!
  • #31,398
  • Feb 22, 2024 5:40am Feb 22, 2024 5:40am
Quoting Capablanca
Email from TFF Dear xxx, First, I would like to personally thank you for your patience and your trust in us for the past couple of weeks. We are aware that you have anticipated your payout for a while now, and we are thrilled as much as you are that it is finally on its way, congratulations! As you may know that the recent events have had a negative impact on the industry in general and True Forex Funds in particular, and it will require some effort, from us and from our loyal traders to rebuild the trust with the trading community, to be able to...
it probably made more sense for them to just shut down after this incident - after them being down for almost a month, who is going to want to buy a new challenge with them? they are going to be paying out roughly the same amount they were before, but most likely with much less money coming in from challenges, especially now they only offer ctrader (which makes up 100% of their revenue) - we are lucky they decided to continue operating at all, tbh.

also, when did you get this email? im still unable to login, getting this message:
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  • #31,399
  • Feb 22, 2024 5:50am Feb 22, 2024 5:50am
Quoting billGU
{quote} it probably made more sense for them to just shut down after this incident - after them being down for almost a month, who is going to want to buy a new challenge with them? they are going to be paying out roughly the same amount they were before, but most likely with much less money coming in from challenges, especially now they only offer ctrader (which makes up 100% of their revenue) - we are lucky they decided to continue operating at all, tbh. also, when did you get this email? im still unable to login, getting this message: {image}...
I got it today, as well as the payout pending
But credentials for the new account (which I presume will be ctrader) nothing yet, of course. The timing of sending only on the second business day after payout has to be respected.
It's a joke of a prop.
P.S. I was able to login in portal without troubles.
  • #31,400
  • Feb 22, 2024 5:56am Feb 22, 2024 5:56am
Quoting pipmaster77
{quote} Yes. Just as the scamsters with all of the pop up forex props......going to ruin it for the rest. Who would prefer to go back a couple of years and ONLY be trading with MFF and FTMO? I warned everyone, don't give these new ones any business and they will cease to exist.........but everyone thought..... oh $20 less, oh 0.000001% less DD, oh paid daily....I can't pass MFF/FTMO, BUT THIS IS THE ONE....I just need 0.0000001% less DD and paid daily. Now we have nothing............

That is actually right. Now there is nothing. These new players will only exit if traders keep signing on with them. If the 5ers or FTMO returns ready to do business with USA traders, then I will join one of them in the meantime I will continue to trade in the futures market with my personal account. The dust will eventually settle & then there will be nothing left. People wake up before there is nothing left for you to trade but baseball cards.
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