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Anyone trading with a Prop firm 31 replies

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

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  • #48,161
  • Edited 5:11pm Apr 14, 2025 3:56pm | Edited 5:11pm
Quoting _BBKing_
{quote} btw i did the opposite careful on rules to the first payout got it! then risked more ended bad,….blown account. but it was at the exact start of volatility days My luck
why you did opposite ?

They allow as many times as needed you can breach negative 30 % PNL rule.

The only thing is during that trading cycle, payout will be denied.

Anyways, i will ask Apex this question staright away. If they allow negative 30 % PNL breach during safety net building.
Intraday only.
  • #48,162
  • Apr 14, 2025 7:26pm Apr 14, 2025 7:26pm
Bluguardian 4 th day done.
In roughly 1 hr +

Now i will focus on other accounts.

I just signed contract for Apex 250k account and paid activation fees.

I will focus on this and other Topstep account/s
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Intraday only.
  • #48,163
  • Apr 14, 2025 8:53pm Apr 14, 2025 8:53pm
Quoting _BBKing_
{image}
thats my story on nq for last 2 weeks always hitting slop loss before tanking or flying in my direction…. …. Thats why stopped trading it for a week now instead working with gold which is way easier predict with clean moves…
Extreme gut feeling trader
  • #48,164
  • Apr 14, 2025 9:00pm Apr 14, 2025 9:00pm
reason why firms have ip rule and kyc rule


SUCH SCAMS ARE BLATANTLY MARKETING….

Mofo on youtube this is consistently showing up for me……

https://www.tradingplus.ai/fastfunde...hoC42sQAvD_BwE
Extreme gut feeling trader
  • #48,165
  • Apr 14, 2025 9:35pm Apr 14, 2025 9:35pm
Quoting failinforex
{quote} For me it is Apex, requested on 7th till now no response. I had acknowledged that the first payout I had violated the 30% rule. But the subsequence 2nd, 3rd and 4th there ain't no violation. {image}
Man when such bs happens it boils my blood..... Following every rule n stuff out here and fairly n honestly making those profits.... still BS'ing at the time payout is not acceptable......
Extreme gut feeling trader
  • #48,166
  • Apr 14, 2025 9:39pm Apr 14, 2025 9:39pm
Quoting montygoldy
reason why firms have ip rule and kyc rule SUCH SCAMS ARE BLATANTLY MARKETING…. Mofo on youtube this is consistently showing up for me…… https://www.tradingplus.ai/fastfunde...hoC42sQAvD_BwE
Not exactly so.

There are prop firms making rules to find reasons to deny payouts.

The rules are :

1. no Scalping / micro scalping below 30 seconds
2. Hedging no.
3. Stop loss required, takeprofit on each trade must be more than 5 or 10 points.
4. Only one is allowed to open a/c in household
5. No IP sharing
6. No network sharing. ( even within country !! )
7. kyc denial after taking fees
8. so many
9. so many
10. So many
Intraday only.
  • #48,167
  • Apr 14, 2025 9:45pm Apr 14, 2025 9:45pm
Quoting montygoldy
{quote} Man when such bs happens it boils my blood..... Following every rule n stuff out here and fairly n honestly making those profits.... still BS'ing at the time payout is not acceptable......
I'm still waiting for email and no big deal if there ain't no response. I have bought 3 Aquafutures $50 for 50K.
  • #48,168
  • Apr 14, 2025 9:59pm Apr 14, 2025 9:59pm
I am reading this thread the past many pages, and the conclusion is that every prop firm is a scam. Is there one that is legit and you can trust to be paid at all?
  • #48,169
  • Apr 14, 2025 10:11pm Apr 14, 2025 10:11pm
Quoting hubbion
I am reading this thread the past many pages, and the conclusion is that every prop firm is a scam. Is there one that is legit and you can trust to be paid at all?
topstep
Tradeify
Mffu
Intraday only.
  • #48,170
  • Apr 14, 2025 11:16pm Apr 14, 2025 11:16pm
Quoting navk
{quote} They are SCAM. They have approved my wife's KYC some 3 months ago. Later when my wife requested payout 2 x 1500, it was denied saying KYC is flag. my wife's 5 x 50k funded accounts gone. The CEO and the rest are crooks.
Good to know that I am not the only one. Luckily I didn't buy more since I am in wait and see mode, then this is the second payout, they showed their true motive, it was quite fast. It was 1500 payout request as well for me.

P.S: They won't pay the trader unless the trader post their certificate first on discord, this is a must! So from my first payout there, I could already smell "something wrong" there.
  • #48,171
  • Apr 15, 2025 12:10am Apr 15, 2025 12:10am
Quoting navk
{quote} for buy order, : TP is sell limit Stop loss is sellstop Vice versa for sell market order. It is not confusing. Same like fx only.
Got it. Thanks.
  • #48,172
  • Apr 15, 2025 12:59am Apr 15, 2025 12:59am
Quoting Expo33
Sorry this is a bit off topic. I gave in and purhcased a 1-STEP 25K for $105 from City Traders Imperium. Passed in a couple of weeks and now they are jerking me around saying I am trading from 3 IP addresses. One from my PC and 2 different ones from cellular phones. They only allow 2 IP addresses. I only have one phone and told them maybe it shows 2 IP addresses (one when I'm at home connected to my internet WIFI from Spectrum and one when I'm away from home when my phone is using cellular data from my ATT plan) Get follow up email saying "NO" this...
Sorry, only saw this today.

As far as I know they only allow 2 devices (and not 2 IPs):
https://citytradersimperium.kb.help/...-i-trade-from/

It would be very stupid to allow only 2 IPs because mobile IP is changing everytime we move around. In a day we can have a dozen IPs, depending upon where we are.

Glad that they sorted this out. I guess we will never know where the problem was coming from.

And, yes, they have a stupid questionaire to fill in. At least they dropped the 45 seconds video that they had in the past, asking our impressions about CTI and that could be used in social media, without an optout option when submited.

Be carefull to undestand their consistency score now that you're in funded. They have a spread sheet sample for that somewhere (if not let me know). you're smart and won't have difficult in undestanding it.
  • #48,173
  • Apr 15, 2025 2:09am Apr 15, 2025 2:09am
Quoting navk
{quote} topstep Tradeify Mffu
additionally I would add (because they paid me):
Apex
Bulenox
Take Profit Trader
  • #48,174
  • Apr 15, 2025 2:20am Apr 15, 2025 2:20am
Quoting hubbion
I am reading this thread the past many pages, and the conclusion is that every prop firm is a scam. Is there one that is legit and you can trust to be paid at all?
Yes they are scam, but you don't have to put your eggs in one basket. Spreading around and don't stick to one prop firm, then you will be fine.

As for me, futures elite scammed my legit trades for my second payout, but at least they paid me once around 800$ for my first payout, it was net profit around $700+ for what I have paid for their 50k eval(around $60).

Luckily I have 5 more prop firms accounts to work with, so it did not hurt me that much except my pride by their fake accusations
  • #48,175
  • Apr 15, 2025 2:31am Apr 15, 2025 2:31am
Quoting Capablanca
{quote} Sorry, only saw this today. As far as I know they only allow 2 devices (and not 2 IPs): https://citytradersimperium.kb.help/...-i-trade-from/ It would be very stupid to allow only 2 IPs because mobile IP is changing everytime we move around. In a day we can have a dozen IPs, depending upon where we are. Glad that they sorted this out. I guess we will never know where the problem was coming from. And, yes, they have a stupid questionaire to fill in. At least they dropped the 45 seconds video that they had in the...
I thought they also look at consistency score in passing phases too. Does something change in funded?
  • #48,176
  • Apr 15, 2025 3:08am Apr 15, 2025 3:08am
https://x.com/TheStrongTrader/status...08182513078322
  • #48,177
  • Apr 15, 2025 3:53am Apr 15, 2025 3:53am
Quoting hubbion
I am reading this thread the past many pages, and the conclusion is that every prop firm is a scam. Is there one that is legit and you can trust to be paid at all?
Others have given you Futures props but in the CFD/FX side Id say only:

FTNO
5ers
  • #48,178
  • Apr 15, 2025 4:01am Apr 15, 2025 4:01am
Quoting montygoldy
{quote} Man when such bs happens it boils my blood..... Following every rule n stuff out here and fairly n honestly making those profits.... still BS'ing at the time payout is not acceptable......
Ok, received an email explaning some technical issues and payment approval.
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  • #48,179
  • Apr 15, 2025 4:17am Apr 15, 2025 4:17am
I don’t know how many other ways myself and Navk can say it but Futures/Funded Elite is a SCAM. Lots of discounted offers (currently 40% off and “free retry” on CFD as an example) but they then spend their time coming up with every spurious reason to not payout or to restrict payouts.

They should be avoided at all costs imo
  • #48,180
  • Apr 15, 2025 5:23am Apr 15, 2025 5:23am
Quoting Tobiazzek
{quote} I thought they also look at consistency score in passing phases too. Does something change in funded?
Yes, they look but they are more benevolent, as far as I undestand. In one of the accounts I had a phase when I got a big movement, which accounted for most of the profit (I think it was a phase 2). Despite the 55% score they passed me to funded.

In funded I try to never have more than 15/16% aprox to avoid giving them reasons to terminate my account.
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