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  • #44,441
  • Nov 16, 2024 11:09am Nov 16, 2024 11:09am
Quoting montygoldy
Alright GEnts found something interesting...... TICKTICKTRADER making huge strides to compete with top firms...... THey have projectX now same as topstepx and alpha-ticks.. same whitelabel.... They have introduced Straight to funded which looks mouth-watering to me....(I'll purchase some with next payout)... SOME BASIC MATH TIME :- Lets Pick 100k account regular (thats max) and straight funded... 1. Drawdown - Straight WIns 2. Price - Regular (171 + 250 activation fees) = 420$ wheres as straight is cheaper with current discount even 150k is cheaper....
Interesting....so the 100K with 5K DD, must make 5K before withdrawal and then max 2K per period. The 150K looks to be the better deal since their are no eval targets, with 40% off, only $42 more for 2500 more DD, then 7500 is required for max payout of 3K.

Cannot find the minimum days on these accounts, 20% consistency over how many days between payouts? It states withdrawal from safety net and withdrawal anytime, but what period is the 20% applied to or is it just on the first 5K to qualify you for first payout, how many ever days that may be.

Another piece of vital info, where does DD lock to after W/D? If I make 5K and withdrawal 2K, will I still have 3K left in DD?

Like you, I am leaning more towards EOD DD firms, with W/D within buffer and quick payouts. Once SOME companies are succesful with it, the dinosaurs must adapt.
  • #44,442
  • Nov 16, 2024 11:21am Nov 16, 2024 11:21am
Quoting pipmaster77
{quote} Interesting....so the 100K with 5K DD, must make 5K before withdrawal and then max 2K per period. The 150K looks to be the better deal since their are no eval targets, with 40% off, only $42 more for 2500 more DD, then 7500 is required for max payout of 3K. Cannot find the minimum days on these accounts, 20% consistency over how many days between payouts? It states withdrawal from safety net and withdrawal anytime, but what period is the 20% applied to or is it just on the first 5K to qualify you for first payout, how many ever days that...
So I make 5K over 5 days, not one day can be over 1K....I withdrawal 2K.....
Now I continue making 1K per day, in 2 days I am at 105,000 again....can I withdrawal 2K and continue every 2 days, as this is 50%.
20% consistency will ALWAYS require a minimum of 5 days and you need to make EXACT amount each day or am I not thinking correctly?
  • #44,443
  • Nov 16, 2024 11:22am Nov 16, 2024 11:22am
Quoting Takisd
{quote} What brokeree fails to see is that the clustering of props is because of 3rd party one stop shops. No other reason. Namely, FPFX and Axcera.
Hadn't heard off these before, do you know which notable props use them?
  • #44,444
  • Nov 16, 2024 11:30am Nov 16, 2024 11:30am
Quoting pipmaster77
{quote} Interesting....so the 100K with 5K DD, must make 5K before withdrawal and then max 2K per period. The 150K looks to be the better deal since their are no eval targets, with 40% off, only $42 more for 2500 more DD, then 7500 is required for max payout of 3K. Cannot find the minimum days on these accounts, 20% consistency over how many days between payouts? It states withdrawal from safety net and withdrawal anytime, but what period is the 20% applied to or is it just on the first 5K to qualify you for first payout, how many ever days that...
Looks like futures prop firms are exactly opposite of forex prop firms in case of direct funding especially bigger accounts.
Compare with any top prop firms for example topstep 150K fees is 150$ and one needs to achieve 9K profit with 4.5K drawdown which immediately leads to passing rate of 25% no matter how good a trader pretends to be. So ultimately one ends up spending 600$ for passing plus activation 150$.
So total of 750$ with 4500 drawdown.
Why would anyone goes with challenge option instead of direct funding where you pay 350-700$ and get 7.5K of allowed drawdown provided direct funding company is legit and pays.
  • #44,445
  • Nov 16, 2024 11:46am Nov 16, 2024 11:46am
Quoting sampat
{quote} Looks like futures prop firms are exactly opposite of forex prop firms in case of direct funding especially bigger accounts. Compare with any top prop firms for example topstep 150K fees is 150$ and one needs to achieve 9K profit with 4.5K drawdown which immediately leads to passing rate of 25% no matter how good a trader pretends to be. So ultimately one ends up spending 600$ for passing plus activation 150$. So total of 750$ with 4500 drawdown. Why would anyone goes with challenge option instead of direct funding where you pay 350-700$...
Yes, when you factor in the very accurate 25% pass rate meaning 4 evals plus activation fee, yes it is a no brainer with very few exceptions.
Apex will run you $217 to pass and activate a 50K with $2,500 DD.
The "no activation" firms are charging more (obviously) for the evals, so once again with a 25% pass rate, MFFU will run $320, TPT $408.......this is all not factoring in the value of your time as well.
As far as legit and pays, that is part of the risk ALWAYS, however, I am seeing a lot more firms with direct path to live after a certain amount of profit and/or number of payouts......I'm thinking (hoping) those are the firms that have their shit together, so if/when regulations come, they can show product being delivered is as advertised.
  • #44,446
  • Nov 16, 2024 1:32pm Nov 16, 2024 1:32pm
Quoting sampat
Why would anyone goes with challenge option instead of direct funding where you pay 350-700$ and get 7.5K of allowed drawdown provided direct funding company is legit and pays.
That was the reason I called FTT not sustainable since the beginning. We can see there huge free statistical money, impossible to sustain.
  • #44,447
  • Nov 16, 2024 1:35pm Nov 16, 2024 1:35pm
Quoting Stoneyrocks
{quote} what is the reason you put MFfX on the third place and not 1 ?
15% 1 start review in TP and because they still appear in X from time to time with incidents of banning or denying payouts. Not as often as in their beginnings, but still. Just like Blue.
Anyway, this is not an objective ranking. It's my personal and subjective classification and it's fine if people don't agree with it.
  • #44,448
  • Nov 16, 2024 1:53pm Nov 16, 2024 1:53pm
Quoting Capablanca
{quote} That was the reason I called FTT not sustainable since the beginning. We can see there huge free statistical money, impossible to sustain.
Now Direct To Funding is like more restrictive for example Tradiefy will move traders to live account after 4 payouts with max balance of 10% so if traders has balance more than 15K on 150K account they will get only 15K live account (after 4 withdrawals) rest profit will be forfeited.
  • #44,449
  • Nov 16, 2024 2:40pm Nov 16, 2024 2:40pm
Quoting pipmaster77
{quote} Thought you rated Topstep pretty highly?
The guy who asked for it already had topstep…….
Extreme gut feeling trader
  • #44,450
  • Nov 16, 2024 2:48pm Nov 16, 2024 2:48pm
Quoting pipmaster77
{quote} So I make 5K over 5 days, not one day can be over 1K....I withdrawal 2K..... Now I continue making 1K per day, in 2 days I am at 105,000 again....can I withdrawal 2K and continue every 2 days, as this is 50%. 20% consistency will ALWAYS require a minimum of 5 days and you need to make EXACT amount each day or am I not thinking correctly?
yes correct… one thing i found out in discord is that…

you need to be above threshold amount every time to ask for payout.. there is no minimum days….
so for example you make 1k a day for 5 days then you pull 2k out then you need to again reach 5k or more to pull profits…. Which in this example will be 2k which can be divided into 400 a day….

I am always looking for faster approval firms.. their discord have big payouts screenshots and everyone saying 1-2 day max for approval and payment:.:
plus they also have tradovate not for straight to funded…. I usually dont go with sraight to funded but their activatitiln costs is more…. Like 250$ for 100k and 150$ for less….

drawdown locks at threshold +100
Extreme gut feeling trader
  • #44,451
  • Nov 16, 2024 2:57pm Nov 16, 2024 2:57pm
Quoting Capablanca
{quote} That was the reason I called FTT not sustainable since the beginning. We can see there huge free statistical money, impossible to sustain.
ftt was a scam from each point- ceo to website to products….atleast mffu, tradeify straight to funding products looks promising…..

Plus people need to understand straight doesnt gurantee they will get a payout… if prop firm trader never pulled profits from regular challenges then he/she will never be able to do it on straight its just going to be a bigger hole in the bank…
Extreme gut feeling trader
  • #44,452
  • Nov 16, 2024 3:58pm Nov 16, 2024 3:58pm
Quoting Stoneyrocks
{quote} are these the most used one’s ? {image}
no, axcera and fpfx are
  • #44,453
  • Nov 16, 2024 3:58pm Nov 16, 2024 3:58pm
Quoting rizla101
{quote} Hadn't heard off these before, do you know which notable props use them?
Many use, i think even bg use now .
  • #44,454
  • Nov 16, 2024 5:30pm Nov 16, 2024 5:30pm
[quote=montygoldy;15061906]{quote} . there is no minimum days…. so for example you make 1k a day for 5 days then you pull 2k out then you need to again reach 5k or more to pull profits…. Which in this example will be 2k which can be divided into 400 a day….

So they don't have a minimum day rule, but basic math shows in order to be at 20% consistency, you must have a minimum 5 days.....so the consistency rule is minimum days in disguise.
  • #44,455
  • Nov 16, 2024 5:35pm Nov 16, 2024 5:35pm
[quote=pipmaster77;15061944]
Quoting montygoldy
{quote} . there is no minimum days…. so for example you make 1k a day for 5 days then you pull 2k out then you need to again reach 5k or more to pull profits…. Which in this example will be 2k which can be divided into 400 a day…. So they don't have a minimum day rule, but basic math shows in order to be at 20% consistency, you must have a minimum 5 days.....so the consistency rule is minimum days in disguise.
Yep they will be happy if you withdraw because u make 200 a day daily and make around 1K withdraw 500$ and all your account drawdown gone only left with 500$ no matter how big your account was earlier.
  • #44,456
  • Edited 9:03pm Nov 16, 2024 7:55pm | Edited 9:03pm
[quote=pipmaster77;15061944]
Quoting montygoldy
{quote} . there is no minimum days…. so for example you make 1k a day for 5 days then you pull 2k out then you need to again reach 5k or more to pull profits…. Which in this example will be 2k which can be divided into 400 a day…. So they don't have a minimum day rule, but basic math shows in order to be at 20% consistency, you must have a minimum 5 days.....so the consistency rule is minimum days in disguise.
exactly but its better … no payout cycle or anything anytime you hit target ask for payout…..
My gut feeling to purchase 250kx5 and aim for 4k payout each account…. Starting cost will be 2500$ but potential for a 20k payout…… n for other people reason i am so confident to do it coz i have done it before many times…. Thats straight accounts are not that easy as people think.. its another way of getting bigger money out of customers for prop firms … as everybody knows only 5-10% get payout of prop firms….
Extreme gut feeling trader
  • #44,457
  • Nov 16, 2024 7:58pm Nov 16, 2024 7:58pm
I think the ratio of capital and profit to be achieved is simple for determining prospects. Even with just 1 or 2 attempts, it’s not too easy to incur losses. Many attempts require significant capital, although the profit targets are likely substantial as well. For many countries, $2k per month is already a very large amount. For advanced countries, it’s likely 5 times that ($10k per month).
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  • #44,458
  • Nov 16, 2024 8:01pm Nov 16, 2024 8:01pm
[quote=montygoldy;15061982]
Quoting pipmaster77
{quote} exactly but its better … no payout cycle or anything anytime you hit target ask for payout…..
Oh yes, much better than payout cycles, essentially you can get paid weekly.
Have you looked at MFFU Milestone? can't find info on how many you ca have.....the 25K is the best deal there.....or if you can have 3 starters plus milestone(s)
  • #44,459
  • Nov 16, 2024 8:23pm Nov 16, 2024 8:23pm
[quote=montygoldy;15061982]
Quoting pipmaster77
{quote} exactly but its better … no payout cycle or anything anytime you hit target ask for payout….. i am feeling to purchase 250kx5 and aim for 4k payout…. Starting cost will be 2200$ but potential for a 20k payout…… n for other people reason i am so confident do it coz i have done it before many times…. Thats straight accounts are not that easy people think.. its another way of getting bigger money customers for prop firms … as everybody knows only 5-10% get payout if prop firms….
Also these direct funding is equivalent to 1 phase trailing dd forex challenge with consistency where one has to make equivalent to available drawdown to see minimum payout. These prop firms have pretty unique way of saying fuck off if you are profitable for example Elite trader funding will force you to put live if they see you as profitable trader. Once you are live you are restricted to buy any challenge for 2 years. Once they decide to put you live they will cancel all accounts that didn't reach threshold or that are in progress.
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  • #44,460
  • Nov 16, 2024 8:56pm Nov 16, 2024 8:56pm
Quoting sampat
Quoting montygoldy
{quote} Also these direct funding is equivalent to 1 phase trailing dd forex challenge with consistency where one has to make equivalent to available drawdown to see minimum payout. These prop firms have pretty unique way of saying fuck off if you are profitable for example Elite trader funding will force you to put live if they see you as profitable trader. Once you are live you are restricted to buy any challenge for 2 years. Once they decide to put you live they will cancel all accounts that didn't reach threshold or
...
ETF has been the @ss for the long time thats why they never had the hype now offering 90% + 20 accounts still nobody cares.....
My reasons-
1.Never seen/heard anyone getting payout bigger than 5k .. heck even on their discord....
2. Too many BS rules... consistency rules then the average profit be like 23% n audit to count it as a trading day bLa bla bla
3. No fast approval or payouts which is now a norm these days.....
Extreme gut feeling trader
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