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  • #33,161
  • Mar 16, 2024 3:54am Mar 16, 2024 3:54am
Quoting rizla101
{quote} I'm using 3 of those without any fuss, my webbrowser detects malicious script whenever I go on FE website, so havent bothered with them. Finotive funding are another with mt5, they have some age to them and got rid of some of the rules that made them avoidable before.
I tried a few times to see if there is malicous script, including a scan. Can't get anything to show up, what do you see? Perhaps its from having cookies disabled and the new google policy.
  • #33,162
  • Mar 16, 2024 4:18am Mar 16, 2024 4:18am
Quoting Takisd
{quote} I tried a few times to see if there is malicous script, including a scan. Can't get anything to show up, what do you see? Perhaps its from having cookies disabled and the new google policy.
It was actually my vpn threat protection that flags its. 'Detected malicious code on web page blocked for your security' main website is fine, when I click to login error appears.
  • #33,163
  • Mar 16, 2024 4:21am Mar 16, 2024 4:21am
Quoting Capablanca
{quote} MFFx was the first to arrive. No way the other scammers will leave the big US futures cake without trying to steal a big slice.
Twitter suggests, Angelo has announced his imminent arrival in the futures space.
  • #33,164
  • Mar 16, 2024 4:27am Mar 16, 2024 4:27am
I came across DND Capital.

It's a no no!
What a rip off!
The cost for joining our stock trading community is only £179.00 per month (pay for chatting)
Add our Education package equipped with our two trading strategies for £2,000.(Wow, really, pay for the strategy)

Get Funded - Choose Risk
(Optional)
Get funded right away, select your risk. e.g. £2,500 gets you a $25k trading account.

£1,500 = $15,000
£2,500 = $25,000
£3k = $30,000
£5k = $50,000
£10k = $100,000

(That's insane 10% fees!)

A 10% drawdown is in place to protect your capital (this firm collects your money, stay out)
  • #33,165
  • Mar 16, 2024 4:43am Mar 16, 2024 4:43am
Quoting Jolita
I came across DND Capital. It's a no no! What a rip off! The cost for joining our stock trading community is only £179.00 per month (pay for chatting) Add our Education package equipped with our two trading strategies for £2,000.(Wow, really, pay for the strategy) Get Funded - Choose Risk (Optional) Get funded right away, select your risk. e.g. £2,500 gets you a $25k trading account. £1,500 = $15,000 £2,500 = $25,000 £3k = $30,000 £5k = $50,000 £10k = $100,000 (That's insane 10% fees!) A 10%...
Care to explain why traders here buy demo accounts? with real money? I see a lot of traders do this here on FF... when do you actually get paid real money for trading for them? Are you paid in percentages or?

Thanks!
  • #33,166
  • Mar 16, 2024 4:52am Mar 16, 2024 4:52am
Quoting pipmaster77
{quote} The fee is per account. On the 50K rithmic, it is $85/mo. You also have the option of $140 lifetime. If you get in on a 80% off for $33.40 and pay the monthly of $85, you are paying $118 per $2,500 of DD or $2,236 for 50K of DD....it is the equivalent of a 500K forex prop with 10% DD. There is no daily max, instead the battle is the trail which ends once you hit $2,600 profit in live. At that point your loss threshold is $50,100 permanently. I do the monthly, as my view is if I'm making money $85 is just a monthly expense and if I blow the...
Ok thanks for the info. The copytrade functionality of quantower if appealing. Will look into it. The monthly fee for Australians is high however due to the exchange rate.
Cheers.
  • #33,167
  • Mar 16, 2024 5:00am Mar 16, 2024 5:00am
Quoting Whatevs
{quote} Care to explain why traders here buy demo accounts? with real money? I see a lot of traders do this here on FF... when do you actually get paid real money for trading for them? Are you paid in percentages or? Thanks!
You pay a challenge fee. You stick with the allowed drawdowns, follow specific trading rules, you pass the challenge some firms will refund you the fee. If you fail, your fee is your loss.
When challenge is passed you trade for profit share on firms account you selected to trade. You will still trade requirements, but also share profits.Most likely 80-90% profit gain is your take

It's fun, cheap and allows you to grow your skills and make income.
To achieve good results you need to succeed as in trading your own account.

If interested I can recommend you an account.
  • #33,168
  • Mar 16, 2024 5:19am Mar 16, 2024 5:19am
Quoting pipmaster77
{quote} Yes...I trade 4 micros on the dow, 2 on the nas and 3 on S&P....$2/pt, $4/pt and $15/pt, respectively. Sometimes done by 10:30, other days averaging in/out for several hours. It is fairly simple to grab 100 points accross 1-3 trades on something with an ADR of 400 points.
What I don't understand is why you don't take another signal if you already done $200 and are closed for the day.
If you will be taking a signal tomorrow to make another $200 why not today, treating it like another day ?
  • #33,169
  • Mar 16, 2024 5:40am Mar 16, 2024 5:40am
Quoting Expo33
{quote} Once you pass the dirt cheap challenge you have to pay a one-time lifetime activation fee for your funded account. I think it's like $160 for Tradovate and a bit cheaper for Rhithmic. Or, you can pay $105 monthly subscription fee for each month you have your funded account. Then, there is a limit to how much you can withdrawal for the first three months. In the meantime funded traders will continue getting sodomized by the trailing drawdown. I'm sure the metrics would say that a large percentage of traders will never make it to a payout...
Yep, we can think about their business model trying to figure out how much is the equivalent static DD, in average.

Let's say I purchase 1 million 50K accounts with a 2500 trailing DD.

In some of them I don't even go positive and lose 2500, so 2500 of "static DD"
In some I go to 51000 so I only have 1500 left of "static DD"
In some I even go to 52500 so I don't have any "static" DD any more.

So, from my point of view (the trader), I need to guess how much is my "static" in average. Let's say it's only 1000 (conservative)

This means I have to get 3000 profit "static" with 1000 "static". 1:3 flip for the phase 1.

Then the same in the funded account to pass the 2600 threashold.

Another 1:3 flip (in fact it's a little better because it's only 2600 target / 1000 "average static DD" but let's keep it simple as 1:3).

This is 1:9 flip until I have the buffer and a real static 2500 DD.

How much the cost ? About $34 with 80% discount and $140 lifetime.

So $174 for a chance of 1:9 to have a real 2500 static DD.

So statistically I have to burn in average 9 accounts to get a real one with buffer.

It's $174 x 9 = $1566 cost for a 2500 "static" DD.

But this is if we can run a million accounts montecarlo....
  • #33,170
  • Mar 16, 2024 5:50am Mar 16, 2024 5:50am
Quoting Nsak3y
{quote}-I am even more surprised that people are still trading with them. That many payout rejections just shows how disorganized and out of touch they really are. Meanwhile, been looking at Apex Trader Funding more and more these days. 30% of their total payouts over the last 2 years, happened within the last 90 days. It is no wonder why.
I have there 2 very old accounts. One was migrated to ctrader, the other is still in the voyage shitty thing.

They are both iddle so that they don't have reasons to fail it.

In a couple of weeks we will see.
If they still exists I may place some trades there to see if I can get a small payout of 2 or 3K
If they go under... well, these accounts were dead for me anyway.
  • #33,171
  • Mar 16, 2024 5:57am Mar 16, 2024 5:57am
Quoting PropDude1234
{quote}No, cTrader won't accept US clients. This was the case well before MFF and MetaQuotes issues.
I thought that was the case. Thank you for the confirmation.
  • #33,172
  • Mar 16, 2024 6:12am Mar 16, 2024 6:12am
Quoting Takisd
{quote} Its a toxic malicious company who are doing nasty shit in the background.
Hi Takisd,

Thank you for sharing that. You my friend a treasure trove of helpful information for which I appreciate. It seems trading in general is becoming littered with this time of nasty participants. Sadly, I see that as a never changing situation. Also is it a correct assumption that you favor forex over futures? Seems I remember reading that. If I'm wrong, please accept my apology. If you do favor futures over forex, I think I'm now understanding why as trading the futures account I have is much more relaxing & for the most part worry free from the usual nasty tricks being seen in the forex area at times. Just my views from my experience over the years.

Best of trades to you, my friend.
  • #33,173
  • Mar 16, 2024 8:43am Mar 16, 2024 8:43am
Quoting ladder
{quote} I think over 99.9% of Apex challenge accounts will not reach a payout.
Yes, but that % changes dramatically when applied to people that can actually trade......same thing with the forex props and same thing with a personal account with a broker. Isn't it like 90% of accounts at brokers never see a withdrawal?
As I stated with the forex props, it is not the prop firm or the broker, it is the trader....of course, some firms/brokers set the rules to make it tougher and/or play dirty games but it is up to us to do our due dilligence and filter the good/better/best from the bad/worse/worst. There are some (very few nowdays) good ones out there and if you can trade.....you will make money.
  • #33,174
  • Edited 9:06am Mar 16, 2024 8:48am | Edited 9:06am
Quoting Capablanca
{quote} What I don't understand is why you don't take another signal if you already done $200 and are closed for the day. If you will be taking a signal tomorrow to make another $200 why not today, treating it like another day ?
Several reasons, the most important being I do not want to give it back and more importantly, I want to close at the peak balance due to the trail. There is also the 30% consistency rule. Hitting the same number every day makes me not even have to think about that. Once DD is static, I may change this. For now, I will trade my last reamaining forex prop or personal account for additional setups.
  • #33,175
  • Mar 16, 2024 9:09am Mar 16, 2024 9:09am
Quoting Capablanca
{quote} Yep, we can think about their business model trying to figure out how much is the equivalent static DD, in average. Let's say I purchase 1 million 50K accounts with a 2500 trailing DD. In some of them I don't even go positive and lose 2500, so 2500 of "static DD" In some I go to 51000 so I only have 1500 left of "static DD" In some I even go to 52500 so I don't have any "static" DD any more. So, from my point of view (the trader), I need to guess how much is my "static" in average. Let's say it's only 1000 (conservative) This means I have...
I'm passing at well above 50% and this is taking into account, I blew the first 4 YOLO'ing. $200 per day for 15 days or $300 for 10 days is the key. Close as close to peak balance as possible. Trailing won't be an issue.
  • #33,176
  • Mar 16, 2024 9:09am Mar 16, 2024 9:09am
if angelo is going to futures its means the sensible place to go is binaries as far away from that scoundrel as possible
  • #33,177
  • Mar 16, 2024 9:29am Mar 16, 2024 9:29am
Quoting ladder
{quote} I think over 99.9% of Apex challenge accounts will not reach a payout.
https://atf.com/payouts.html
Just from March 15 and we never hear of any denials. I am still mad as hell forex props were taken from me, but this is just common sense at this point.
  • #33,178
  • Mar 16, 2024 9:39am Mar 16, 2024 9:39am
Quoting rizla101
{quote} Twitter suggests, Angelo has announced his imminent arrival in the futures space.
Please Angelo do us all a favor and go revolutionize some other industry. We do not want or need you contaminating another space.
On a side note and this goes back to CFTC bullshit. This guy is scamming thousands, denying 10% of payments and he will be able to open another business? Meantime, MFF is shut down and they were absolute angels compared to this scamster.
  • #33,179
  • Mar 16, 2024 9:39am Mar 16, 2024 9:39am
Quoting rizla101
What's everyone thinking of the new trading platforms that have been forced on us? I've now unfortunately tried all the various platforms, Ctrader is my preferred option.
I think that one or two are set to offer Trading View which IMO is the the only decent alternative
  • #33,180
  • Mar 16, 2024 11:44am Mar 16, 2024 11:44am
Quoting rizla101
{quote} Twitter suggests, Angelo has announced his imminent arrival in the futures space.
what an absolute bummer
A snails pace wins the race :-)
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