Prop Firm Hub | Page 2142 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone trading with a Prop firm 31 replies

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

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

  • #42,821
  • Oct 2, 2024 3:32am Oct 2, 2024 3:32am
In reference to TopStepX & CFD's I just had a conversation with customer support @ TopStepX & they advised they are not using CFD contract on TopStep, or TopStepX platforms. All instruments traded are futures contracts only. I didn't ask about the commissions as I don't mind paying the commissions as that is part of the trading business. The seemingly connection with Plus500 is a concern to me & apparently others as well. Still not sure why Plus500 is being mentioned on their website. Anyone else have any input into this topic feel free to share.
_________________________________________________________________________________________________________________________________
  • #42,822
  • Oct 2, 2024 3:42am Oct 2, 2024 3:42am
Quoting Jemook
Anyone trading with a prop firm where they really like the tech the prop firm has whitelabeled? FPFX, FunderPro, YourPropFirm etc We have about 40 people in our private group at the moment where we will be building out our prop solution alongside the community. Anyone keen just DM me. Thanks for all the great responses. Best, Jeremy
I'm not interested in how prop firms operate. But if you can give me a free $150k funded account then I can be your ambassador here, and I will have a lot of thing to write for you.
  • #42,823
  • Oct 2, 2024 5:04am Oct 2, 2024 5:04am
Quoting Stoneyrocks
{quote} would you put E8 next to FTMO and 5ers ? From what I have seen , it deserves that ranking How big is your account ?
Yes, I'm happy with them. I have no personal reason to favour one over the other. I currently have 1 scaled account that I've had for a good while, never had an issue with payouts (most important of all). Will they still be good in 3-6-12 months time? Who knows. Make hay while the sun shines and don't put all eggs in one basket.
  • #42,824
  • Oct 2, 2024 5:05am Oct 2, 2024 5:05am
Quoting Jemook
{quote} Thanks we used to be the executing broker for Lux, we understand their model well and it's not something we are looking to emulate. {quote} The real wild west! {quote} Thanks for this invaluble feedback. I love your ideas - a lot of them are quite complex but we think the same way. {quote} In your example you are breakeven on the challenge fees vs 6% stopout losses. What hasn't been taken into account is traders on a live funded account that leverage up and blow past their ~6% drawdown limit causing a way bigger loss on the funded account...
That's why you need a trade breaker on your trading platform. Once the account size drops by a predetermined amount, a cut loss should be triggered.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #42,825
  • Oct 2, 2024 7:29am Oct 2, 2024 7:29am
New futures prop https://daytraders.com/index.html
  • #42,826
  • Oct 2, 2024 7:36am Oct 2, 2024 7:36am
Quoting Jemook
Anyone trading with a prop firm where they really like the tech the prop firm has whitelabeled? FPFX, FunderPro, YourPropFirm etc We have about 40 people in our private group at the moment where we will be building out our prop solution alongside the community. Anyone keen just DM me. Thanks for all the great responses. Best, Jeremy
All the whitelabel tech is awful and connected to unscrupulous people.
  • #42,827
  • Oct 2, 2024 7:59am Oct 2, 2024 7:59am
Quoting Capablanca
That's amazing. Please keep us posted about how long for the money to hit your bank (was it a bank request ?)
payout received in my Revolut account about 45 minutes ago. I will just stick with Apex
Attached Image (click to enlarge)
Click to Enlarge Name: lBPGySO.png Size: 9 KB
  • #42,828
  • Oct 2, 2024 8:11am Oct 2, 2024 8:11am
Quoting TrAndy1
New futures prop https://daytraders.com/index.html
Hi Andy,
You seem to be a trove of broker info, so I would like to reference you to my last post & get your views on that topic of TopStepX & the possible Plus500 connection. Thank you for you views on this topic.
  • #42,829
  • Oct 2, 2024 8:12am Oct 2, 2024 8:12am
Quoting failinforex
{quote} payout received in my Revolut account about 45 minutes ago. I will just stick with Apex {image}
That's fantastic. If they stayed like this it would be a game changer.

I know that Expo is having troubles to get PAs but anyway, seems a massive improvement in an area that destroyed their momentum.
  • #42,830
  • Oct 2, 2024 9:27am Oct 2, 2024 9:27am
Quoting Takisd
{quote} All the whitelabel tech is awful and connected to unscrupulous people.
Like Justin (iceberg) Hertzberg
  • #42,831
  • Oct 2, 2024 9:32am Oct 2, 2024 9:32am
Funded Trader Academy from Trader Dale, which is favored by many according to reviews.
Inserted Video
  • #42,832
  • Oct 2, 2024 9:40am Oct 2, 2024 9:40am
Quoting acetrader
{quote} Hi Andy, You seem to be a trove of broker info, so I would like to reference you to my last post & get your views on that topic of TopStepX & the possible Plus500 connection. Thank you for you views on this topic.
Sorry, I cannot tell you anything about the rumors of TopStepX as I am not aware of them. I have not read about those anywhere, so I cannot tell you here anything.
  • #42,833
  • Oct 2, 2024 11:20am Oct 2, 2024 11:20am
Quoting Capablanca
{quote} That's fantastic. If they stayed like this it would be a game changer. I know that Expo is having troubles to get PAs but anyway, seems a massive improvement in an area that destroyed their momentum.
Got an email at 340AM PST with PA payment option. About 18 hours.

Overall, it's hard to complain about securing a 50K account for a total of about $120 with no future cost or risk to my own funds. Especially since I only spent a few minutes and clicked a few buttons to reach the proift target.
Pride always comes before destruction.... -Proverbs 16:18
  • #42,834
  • Oct 2, 2024 11:41am Oct 2, 2024 11:41am
Quoting Expo33
{quote} Got an email at 340AM PST with PA payment option. About 18 hours. Overall, it's hard to complain about securing a 50K account for a total of about $120 with no future cost or risk to my own funds. Especially since I only spent a few minutes and clicked a few buttons to reach the proift target.
If the delay on the PA is because payouts are two weeks quicker.......I'm sure we will all take the trade-off.
  • #42,835
  • Oct 2, 2024 11:45am Oct 2, 2024 11:45am
Quoting pipmaster77
{quote} If the delay on the PA is because payouts are two weeks quicker.......I'm sure we will all take the trade-off.
Absolutely ! Let's keep an eye on this. Whoever receives an Apex payout and are kind enough to share information here, it will be very appreciated.
  • #42,836
  • Oct 2, 2024 12:06pm Oct 2, 2024 12:06pm
Quoting TrAndy1
{quote} Sorry, I cannot tell you anything about the rumors of TopStepX as I am not aware of them. I have not read about those anywhere, so I cannot tell you here anything.

Hi Andy,
I understand. Thank you.
  • #42,837
  • Oct 2, 2024 1:28pm Oct 2, 2024 1:28pm
Quoting pipmaster77
If they do their part and secure the investors, all is good. If not, I should atleast be able to add an extra 20-25K to my trading income simply with their seed allocations.
Yes, that's right. I hope it works out that way. I'm also trying out Darwinex, but not the subscription model. In contrast to the available alternatives, what Darwinex is aiming for is not bad. The virtual allocations would have to be higher and remain permanent, similar to the case with props but without the disadvantages. As far as I have heard, a type of “lifetime allocation” is already being discussed at Darwinex.
  • #42,838
  • Oct 2, 2024 1:48pm Oct 2, 2024 1:48pm
Quoting Noisy
{quote} Yes, that's right. I hope it works out that way. I'm also trying out Darwinex, but not the subscription model. In contrast to the available alternatives, what Darwinex is aiming for is not bad. The virtual allocations would have to be higher and remain permanent, similar to the case with props but without the disadvantages. As far as I have heard, a type of “lifetime allocation” is already being discussed at Darwinex.
Yes, what I love it about it so far, I got 30K my first and second month, 3rd month I only needed 0.8% to get the 30K......so I'm trading 90K.
However, for Oct I started the month in top 300 and had a score of 78, my normal 2% will get me 75K, first month 30K will drop off, but I'll have 135 for Nov
According to the calculator, 4.48% will make me top silver and get 375K.
So the cumulative return of your track record truly does impact what they give you. You are correct, if I could get up to 2 mil in silver and it was permanent, I'd probably forego gold as funding in gold is more dependent on external factors which I cannot control.
  • #42,839
  • Edited Oct 3, 2024 1:11am Oct 2, 2024 9:37pm | Edited Oct 3, 2024 1:11am
SOme Update....

1. Lost tradeify evals. No issues with platform. Plus they are increasing no. of accounts from 5 to some number (surprise) on october 15.
2. Passed 50kx5 Topstep.
3. MyfundeDFutures - FUNDED 150kx3 - UP 2k in 2 days

GOal for this quarter to build accounts.
Next will try tradeify max allocation on nfp.

Keeping Apex for the the end as i need more funds to go for 20 accounts. So only a payout will fund that
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2024-10-02 at 10.32.29 PM.png Size: 105 KB
Click to Enlarge Name: Screenshot 2024-10-02 at 10.37.11 PM.png Size: 88 KB
Extreme gut feeling trader
  • #42,840
  • Oct 3, 2024 5:49am Oct 3, 2024 5:49am
Inserted Video
78 traders viewing now