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  • #33,821
  • Apr 1, 2024 7:12am Apr 1, 2024 7:12am
Quoting Erpthetrader
Prop firm industry is looking scary for US traders... so much BS... looking for only props with +5 years of business in operation
There isn't a 5+ years in business prop currently onboarding NEW customers from the USA. It doesn't exist. Welcome to the land of the free........
  • #33,822
  • Apr 1, 2024 7:16am Apr 1, 2024 7:16am
Quoting pipmaster77
{quote} There isn't a 5+ years in business prop currently onboarding NEW customers from the USA. It doesn't exist. Welcome to the land of the free........
Buddy I been searching for prop firms since 2019 , theres currently only 2 right now... City Traders Imperium and Darwinex Zero , do your homework
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #33,823
  • Apr 1, 2024 7:18am Apr 1, 2024 7:18am
Quoting montygoldy
This apex trailing threshold is a real bummer … i was up 2k on a challenge account and it retraces to my breakeven and poof gone challenge account atleast the best part is its only 30 bucks
In my opinion you need to trade challenge accounts totally differently. Need to use a trailing stop, need to use TPs. You're not trying to hit home runs, just hit 20 singles.
  • #33,824
  • Apr 1, 2024 7:19am Apr 1, 2024 7:19am
And US traders have access to MT5 , they dont too much marketing like these other scammy prop firms ran by 20 year old influencers
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SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #33,825
  • Apr 1, 2024 7:20am Apr 1, 2024 7:20am
Im including Darwinex Zero because they are of the same entity of Darwinex.... same ecosystem
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #33,826
  • Apr 1, 2024 7:26am Apr 1, 2024 7:26am
Quoting Erpthetrader
{quote} Buddy I been searching for prop firms since 2019 , theres currently only 2 right now... City Traders Imperium and Darwinex Zero , do your homework
and I have BEEN TRADING WITH PROP FIRMS since 2020........those 2 are not and never were worth my time.
  • #33,827
  • Apr 1, 2024 7:35am Apr 1, 2024 7:35am
Quoting pipmaster77
{quote} and I have BEEN TRADING WITH PROP FIRMS since 2020........those 2 are not and never were worth my time.
Your time is irrelevant to what im talking about.. CTI has been here for +5 years which proves my point. But anyways wish YOU the BEST. I will be joining them as our options as US forex traders is so minimal...
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #33,828
  • Apr 1, 2024 7:42am Apr 1, 2024 7:42am
Quoting montygoldy
This apex trailing threshold is a real bummer … i was up 2k on a challenge account and it retraces to my breakeven and poof gone challenge account atleast the best part is its only 30 bucks

That’s is the reason why they put trailing threshhold. If not once but then slowly trying to make the killing price come closer to your current price

Advantage of Apex is that once you go over the trailing limit you can trade bigger sizes. This will take patience and time maybe from start to that date 6 months.

I don’t know how much value the contract size are of Apex. How much is one contract when u trade for example US30 or Gold? And mini contract is one tenth of 1 contract?
  • #33,829
  • Apr 1, 2024 7:43am Apr 1, 2024 7:43am
Quoting Erpthetrader
{quote} Your time is irrelevant to what im talking about.. CTI has been here for +5 years which proves my point. But anyways wish YOU the BEST. I will be joining them as our options as US forex traders is so minimal...
My time is relevant, I'm already with FTMO and the 5%ers.....you're the one that came in with the "do your homework" bullshit comment. CTI is a 5%ers wannabe and they will not be able to keep MT5 for the US......nobody will.
  • #33,830
  • Apr 1, 2024 7:46am Apr 1, 2024 7:46am
The one thing I don't understand with the hipster kids teenagers who starts futures prop firms now to left and right as if its to popup a candy stand. Is where do they get their resources from to get the proper licenses to even be allowed to trade. Last I checked and asked OpenGPT it was quite huge sums even for big firms to pay to be allowed to operate. Futures arena is completely different than Forex licenses as I understand in US and the capital even to start it. "When forex prop firms were allowed in US that is."
Is it mommy and dada the rich billionaires throwing some coins to their kids so they can play with the peasants or whats going on.
  • #33,831
  • Apr 1, 2024 7:46am Apr 1, 2024 7:46am
Quoting Eren10
{quote} That’s is the reason why they put trailing threshhold. If not once but then slowly trying to make the killing price come closer to your current price Advantage of Apex is that once you go over the trailing limit you can trade bigger sizes. This will take patience and time maybe from start to that date 6 months. I don’t know how much value the contract size are of Apex. How much is one contract when u trade for example US30 or Gold? And mini contract is one tenth of 1 contract?
all contracts are the same size in the futures market, regardless of broker or prop. The trail is there to prevent exactly what he was trying to accomplish.......pass in 1 trade.
  • #33,832
  • Apr 1, 2024 7:48am Apr 1, 2024 7:48am
Quoting Erpthetrader
And US traders have access to MT5 , they dont too much marketing like these other scammy prop firms ran by 20 year old influencers {image}
CTI offer MT5 to the US?

MetaQuotes will not like that.
  • #33,833
  • Apr 1, 2024 7:48am Apr 1, 2024 7:48am
Quoting Eren10
{quote} That’s is the reason why they put trailing threshhold. If not once but then slowly trying to make the killing price come closer to your current price Advantage of Apex is that once you go over the trailing limit you can trade bigger sizes. This will take patience and time maybe from start to that date 6 months. I don’t know how much value the contract size are of Apex. How much is one contract when u trade for example US30 or Gold? And mini contract is one tenth of 1 contract?
Contract size isn't set by Apex, its set by CME. Every futures brokers uses the same instruments as listed by CME. See link to quick reference then look at "contract specs" How to identify the Futures Front Month Contract | Topstep Help Center (intercom.help)

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Trade with confidence, trade without fear.
  • #33,834
  • Apr 1, 2024 7:50am Apr 1, 2024 7:50am
Quoting pipmaster77
{quote} My time is relevant, I'm already with FTMO and the 5%ers.....you're the one that came in with the "do your homework" bullshit comment. CTI is a 5%ers wannabe and they will not be able to keep MT5 for the US......nobody will.
Yeah those two firms where never on any sane persons radar for a reason.
Trade with confidence, trade without fear.
  • #33,835
  • Apr 1, 2024 7:51am Apr 1, 2024 7:51am
Quoting pipmaster77
{quote} My time is relevant, I'm already with FTMO and the 5%ers.....you're the one that came in with the "do your homework" bullshit comment. CTI is a 5%ers wannabe and they will not be able to keep MT5 for the US......nobody will.
Not going to go back and forth with you broski. As of right Now CTI offers MT5 for US traders and they have been in business for +5 years that's all I wanted to say.. the day they dont I will come back and message you with an apology. Best of Luck with trading and salute to you with your achievements with 5ers and FTMO !
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #33,836
  • Apr 1, 2024 8:01am Apr 1, 2024 8:01am
Quoting Eren10
{quote} That’s is the reason why they put trailing threshhold. If not once but then slowly trying to make the killing price come closer to your current price Advantage of Apex is that once you go over the trailing limit you can trade bigger sizes. This will take patience and time maybe from start to that date 6 months. I don’t know how much value the contract size are of Apex. How much is one contract when u trade for example US30 or Gold? And mini contract is one tenth of 1 contract?
i trade only dow it is 5$ per contract .. i was trying my luck with one day pass with 10 contracts trade eventually trade was a winner it just it never goes straight to your tp.. i shorted at 40312 at the asian session… price never went beyond but came back to breakeven 2 times n there goes 30$. But on the other side firstever try with futures i am liking it so far…
Extreme gut feeling trader
  • #33,837
  • Apr 1, 2024 8:10am Apr 1, 2024 8:10am
Quoting labu
The one thing I don't understand with the hipster kids teenagers who starts futures prop firms now to left and right as if its to popup a candy stand. Is where do they get their resources from to get the proper licenses to even be allowed to trade. Last I checked and asked OpenGPT it was quite huge sums even for big firms to pay to be allowed to operate. Futures arena is completely different than Forex licenses as I understand in US and the capital even to start it. "When forex prop firms were allowed in US that is." Is it mommy and dada the rich...
As far as I understand if they partner with FPFX it was pretty cheap to establish a prop in the cheaper models and they would pay based in revenues.
  • #33,838
  • Apr 1, 2024 8:16am Apr 1, 2024 8:16am
Quoting Cryptosurf
{quote} Contract size isn't set by Apex, its set by CME. Every futures brokers uses the same instruments as listed by CME. See link to quick reference then look at "contract specs" How to identify the Futures Front Month Contract | Topstep Help Center (intercom.help) {image} {image}
Thanks. I have looked to the E-mini DJI . There it is written that 1 index point is 5$ . Thus 1 contract is 5$. And I have looked to Gold, there 1 contract is 100 ounce.

What is the ratio of mini and micro contract wrt 1 contract ?
  • #33,839
  • Apr 1, 2024 8:17am Apr 1, 2024 8:17am
Quoting montygoldy
{quote} i trade only dow it is 5$ per contract .. i was trying my luck with one day pass with 10 contracts trade eventually trade was a winner it just it never goes straight to your tp.. i shorted at 40312 at the asian session… price never went beyond but came back to breakeven 2 times n there goes 30$. But on the other side firstever try with futures i am liking it so far…
If you are trading Indices and scalping you will like futures as NO FOREX PROP FIRM including FTMO or you name it won't give you 1 tick spread
For example in NQ minimum spread for any forex broker or CFD is 0.75 which is 3 ticks (3 times more than any futures broker)
  • #33,840
  • Apr 1, 2024 8:23am Apr 1, 2024 8:23am
Quoting Eren10
{quote} Thanks. I have looked to the E-mini DJI . There it is written that 1 index point is 5$ . Thus 1 contract is 5$. And I have looked to Gold, there 1 contract is 100 ounce. What is the ratio of mini and micro contract wrt 1 contract ?
1:10 for any thing.
For example NQ its 20 so micro is 2
US30 its 5 so micro is 0.5.
S&P its 50 so micro is 5
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