Prop Firm Hub | Page 2229 | 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

  • #44,561
  • Edited 3:27pm Nov 22, 2024 7:39am | Edited 3:27pm
An idea of CEO Brett at Tradeify

Attached Image (click to enlarge)
Click to Enlarge Name: IMG_1804.jpeg Size: 295 KB
  • #44,562
  • Nov 22, 2024 8:49am Nov 22, 2024 8:49am
Quoting Stoneyrocks
An idea of Brett at Tradeify {image}
DOnt know about the guy but the firm is doing good...
Good for milking for now and they have tradovate.....
Planning to buy their 150kx7 straight with next payout....
Extreme gut feeling trader
  • #44,563
  • Nov 22, 2024 9:20am Nov 22, 2024 9:20am
Quoting montygoldy
{quote} DOnt know about the guy but the firm is doing good... Good for milking for now and they have tradovate..... Planning to buy their 150kx7 straight with next payout....
So, your top 4 would be MFFU, Topstep, TickTick (straight funding) and Tradeify(straight funding)?
Done with Apex for now, I assume?
IMO, many better options now as far as rules, cost and speed of payout
  • #44,564
  • Edited 3:15pm Nov 22, 2024 10:33am | Edited 3:15pm
Quoting pipmaster77
{quote} So, your top 4 would be MFFU, Topstep, TickTick (straight funding) and Tradeify(straight funding)? Done with Apex for now, I assume? IMO, many better options now as far as rules, cost and speed of payout
yep since apex 3.0 not worth it to spend time in them + i go with 20 accounts too expensive for a poor soul like me… i have feeling soon they be offering better product to compete otherwise they are on a pathway to doom with alot of denials happening…. Streamers are moving away from them as well so losing hype…..

ticktick better wait to get a payout from them before i put it on my list…..
tradeify hearing good things but still need to get a payout from them but people saying in minutes

for now topstep and mfffu are top 2
next two ticktick and tradeify
next two takeprofittrader apex
next two elite and alpha futures

note: ii am only looking at firms offering tradovate otherwise bulenox is decent as well
Extreme gut feeling trader
  • #44,565
  • Nov 22, 2024 11:24am Nov 22, 2024 11:24am
TTT has been in the market longer than Tradeify, but for some reason, Tradeify feels more trustworthy to me.
  • #44,566
  • Nov 22, 2024 11:47am Nov 22, 2024 11:47am
not sure what is going on but what i see from the chatter about futures is that some sort of crash is coming. Customers are whining and companies are trying to adjust because they dont claim themselves to want to be casinos.
my view is it means that these futures firms arent as solvent as people think.
  • #44,567
  • Nov 22, 2024 12:19pm Nov 22, 2024 12:19pm
Anyone who may be considering Fxify, you might want to purchase sooner rather than later. On 24th they will be changing from static to trailing DD on 2 step evals.
  • #44,568
  • Nov 22, 2024 1:00pm Nov 22, 2024 1:00pm
Quoting Takisd
not sure what is going on but what i see from the chatter about futures is that some sort of crash is coming. Customers are whining and companies are trying to adjust because they dont claim themselves to want to be casinos. my view is it means that these futures firms arent as solvent as people think.
The ones that actually push you to live will be fine. Their only risk is limited to the payouts (which they cap) in the sim funded accounts. They generate way more in fees than the 2% actually getting payouts. The profitable traders go to live after 6K, 10K, 15K, whatever the number is at a given firm.
  • #44,569
  • Nov 22, 2024 1:12pm Nov 22, 2024 1:12pm
breakdown for Tradeify
Inserted Video
  • #44,570
  • Nov 22, 2024 1:56pm Nov 22, 2024 1:56pm
Quoting pipmaster77
{quote} The ones that actually push you to live will be fine. Their only risk is limited to the payouts (which they cap) in the sim funded accounts. They generate way more in fees than the 2% actually getting payouts. The profitable traders go to live after 6K, 10K, 15K, whatever the number is at a given firm.
I think you are under estimating how much these futures props are getting gamed pre live.
  • #44,571
  • Nov 22, 2024 3:08pm Nov 22, 2024 3:08pm
Quoting Takisd
{quote} I think you are under estimating how much these futures props are getting gamed pre live.
Yes, but I'm just assuming with consistecy, trailing DD and payout caps, it shouldn't be so easy....not as cut and dry as the forex firms were.
This is why all of the forex firms are applying the same rules of consistency, trailing DD, payout caps and risk per position.
Difference being, once the futures firm pushes you live, you are no longer a liability on the balance sheet, this obviously NEVER occurs with the forex firms.
  • #44,572
  • Edited 4:39pm Nov 22, 2024 3:19pm | Edited 4:39pm
Quoting fx_rookie
TTT has been in the market longer than Tradeify, but for some reason, Tradeify feels more trustworthy to me.
Not trustworthy but their offering is better than TTT.....
Second recently TTT direct funded are game changer and the new rules as wel....
Their website is sh*t now hope they will fix soon....
RIght now they building the new dashboard as well... They are taking big strides to compete thats a good thing....
BTW way the stuff tradeify owner is doing quite similar to MFFU in a good way......
Extreme gut feeling trader
  • #44,573
  • Nov 22, 2024 3:56pm Nov 22, 2024 3:56pm
Quoting pipmaster77
{quote} Yes, but I'm just assuming with consistecy, trailing DD and payout caps, it shouldn't be so easy....not as cut and dry as the forex firms were. This is why all of the forex firms are applying the same rules of consistency, trailing DD, payout caps and risk per position. Difference being, once the futures firm pushes you live, you are no longer a liability on the balance sheet, this obviously NEVER occurs with the forex firms.
Yup, FTMO profit target/drawdown ratio 1:1 with Static drawdown

TopStep for the smallest account ratio 1.5:1 to 2:1 for the biggest account with TRAILING drawdown
  • #44,574
  • Edited 5:09pm Nov 22, 2024 4:41pm | Edited 5:09pm
TTTDirect account 100k, 150k account charges same as Tradeify

Tradeify :

Safety net

100k - 6k
150k - 9k

Withdrawals:

Once in 14 days. Process quick. In minutes to hours.

2500 max / 100k
3000 max / 150k

TTTDirect account :
Safety net

100k - 5k
150k - 7.5k

Withdrawals:

Anytime up to 6 withdrawals. Process upto 5 days. Bank transfer possible.

2500 max / 100k
3000 max / 150k.

Safety net and anytime withdrawal makes TTTDirect account attractive

With Tradeify and TTT, live account details not aware. Sfety net amount is withdrawable ? Not sure
Intraday only.
  • #44,575
  • Nov 22, 2024 4:51pm Nov 22, 2024 4:51pm
This is from Topstep
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 53 KB
Drawdown is more important than Account Size !
  • #44,576
  • Nov 22, 2024 5:21pm Nov 22, 2024 5:21pm
Quoting rizla101
Anyone who may be considering Fxify, you might want to purchase sooner rather than later. On 24th they will be changing from static to trailing DD on 2 step evals.
Ouch, they're following Sway path. Where have you seen this ?
  • #44,577
  • Nov 22, 2024 5:42pm Nov 22, 2024 5:42pm
Quoting procrude
This is from Topstep {image}
thats nothing to worry coz less than 1% reach that point of live account…. No impact general traders like us
Extreme gut feeling trader
  • #44,578
  • Nov 22, 2024 6:06pm Nov 22, 2024 6:06pm
Quoting pipmaster77
{quote} Yes, but I'm just assuming with consistecy, trailing DD and payout caps, it shouldn't be so easy....not as cut and dry as the forex firms were. This is why all of the forex firms are applying the same rules of consistency, trailing DD, payout caps and risk per position. Difference being, once the futures firm pushes you live, you are no longer a liability on the balance sheet, this obviously NEVER occurs with the forex firms.
Live is still a liability at least initially. But a final liability.

The thing about futures is the cost is so low, the margins are razor thin. I wouldn't be surprised if some of these futures shops are running on reserves now and trying to pivot
  • #44,579
  • Nov 22, 2024 7:23pm Nov 22, 2024 7:23pm
Quoting procrude
This is from Topstep {image}
It's so funny how all of these firms spin things to make it sound line it's to the traders benefit.
They seem to foget, those of us that make it to payouts and/or live are pretty intelligent folks, just say, look....your making money and the "funded sim", "live sim", (whatever a particular firm calls it) is a liabilty to us, so we are going to take you off of our balance sheet as a libility and move everything you have to live.
So, multiple accounts are pointless at these firms UNLESS you are copying them exactly the same, getting paid the same $$$$ on all and getting them all moved to live at the same time.
  • #44,580
  • Nov 22, 2024 7:31pm Nov 22, 2024 7:31pm
Quoting pipmaster77
{quote} It's so funny how all of these firms spin things to make it sound line it's to the traders benefit. They seem to foget, those of us that make it to payouts and/or live are pretty intelligent folks, just say, look....your making money and the "funded sim", "live sim", (whatever a particular firm calls it) is a liabilty to us, so we are going to take you off of our balance sheet as a libility and move everything you have to live. So, multiple accounts are pointless at these firms UNLESS you are copying them exactly the same, getting paid the...
Exactly...They advertise like they are doing traders favor . I wonder what's the real benefit imagine if trader makes 5k and topstep decides to move him to live holding all other accounts. How much he is going to make with 2.5K (assuming trader is smart enough to withdraw profit split which is 50% in topstep).
So from potential 5 xfa of 50K account they moved him to 2.5K account. On live you can't even open 1 lot with that amount. Is it a promotion or demotion.
252 traders viewing now