Then it looks like they have a kind of self programmed Virtual Dealer Plugin, where they have full control of the feed, so that MFF can use it to THEIR ADVANTAGE. Bad!!

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Can you tell us more, how much is the difference in detail please on what FX pairs and what lot size please, and what spread difference roundtrip here ?

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Just to translate this offer into simple math equivalent. 10% Goal on 10% MDD is based compounding e^1=2,72. So to get $4000 for $200 fee you need to make 4 times =ca. $10000 (!), which is the amount when you compound with same rule parameters on ...

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Yes, as there is no advantage to trading a personal account. 10% goal for 5% MaxDD is e^2 * $ 3500 maxDD for the 500k challenge = $ 25895, so score is < 1 !!!!!!!!!

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image It can be exactly measured from math point. You need to pass the prop challenge with a certain percentage in average, otherwise it does not make sense to participate in challenges here. So this is the lower boundary. But there is also an ...

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First better is not to trade overnight, because most firms will measure you on equity or balance whichever is higher around NY Fixing. Second, not on all props are EAs allowed too, so in that case it would be also better to manually enter and delete ...

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Completely rip-off from MFF. They get greedy and want to increase the spread whenever they can. Actually this is fraud even on 100 lots traded on a normal FX broker like IC Markets. On 10 lots you should not pay more than 1 pip or max. 1.2 pip. So ...

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So what do you pay in total with commission per roundtrip on 10 lots at MFF for GBPUSD here ? On MFF it is very correlated on ticket size per order I know for sure.

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If that is true, that is a totally rip-off. You do not have to pay 2 full pips on any 10 lot on any larger FX broker. If you pay with commissions somewhere below 1 pip, that is ok. But nothing far higher. MFF is just milking profitable traders by ...

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image Here you above $1250 stoploss fixed at absolute terms while scaling in on a RRR 2:1 position. Over time the overall lot sizes increases much, because profits can be reinvested to increase the outcome. So instead you get RRR 2:1 of $1250 risk ...

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One of the best prop traders in Germany with some articles on it in the past, was trading the following. He watched DAX and BUND the whole week, and then once a week usually or so he entered a scalp with 250 contracts on BUND Future with scaling in ...

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So all in all what FTMO describes as Gambling is not true, it can be true, but it also does not have to be true. It matters how it is done. So their whole argue is Bulls--t!!

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And they said that they do not want scaling in traders, even on swing traders. Because they can make huge payouts, as seen on youtube on a 500k payout trader here. But I have shown mathematically that when you have a trailing stop your overall risk ...

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The problem I see with FTMO they think that taking higher leverage and bigger lot sizes is a problem itself. It is not. There is market risk. If a swing trader holds a position for a full week with some red news on it, he can have much higher risk, ...

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So FTMO says in the new gambling rule that there is an overall lot size limit here, also based on all positions in total. (Not saying anything about max. correlations here) "In a nutshell, large positions or the sum of the sizes of a combination of ...

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Have a feeling that this link gets modified, so here is the full text to it. url Gambling is not the right way to make money Trading in the financial markets is, in the eyes of the broad public, often perceived as some sort of gambling. Although ...

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But a scalper is not a gambler per definition. If you have a good risk management, what is the problem with FTMO ? Their new "hidden" rules leave much interpretation.

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Actually it is not clear if that gambling rule is meant per ticket or overall and absolute or relatively. Because you can have "big lots" on 3 lot size trade in 10k account, instead of only 120 lots on 400k merged account. But the new limit is 50 ...

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You do not need to worry at all with your trading style. BUT, when FTMO kicks in with such a new rule, they are not happy with their payout structure and underlying risk, otherwise it does not make sense. And IF FTMO makes such a new rule as one of ...

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Just imagine any FX broker would ban or terminate the account when a trader makes big lot size trades? What? You see how ridiculous it gets now, only need to copycat.

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