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TrAndy1 replied Oct 8, 2022Score is only 2.2 for the 200k challenge. This is the prop firm (unheard here so far, just to mention it): url
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TrAndy1 replied Oct 8, 2022url & url No one said one word about this prop firm. They have free challenge where one can make some money with ZERO invest for fee. Their score is 4.7 on 100k challenge.
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TrAndy1 replied Oct 8, 2022I want t o reject the rumors that everything above score 1 where DD=fee for instant funding models are scams. We all know and it is publicly disclosed for everyone that the majority of traders on brokers fail to make profits. Between 66% to 85% do ...
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TrAndy1 replied Oct 8, 2022Passing rate translated to profit margin means that if 1% achieved an (average) payout it is 90%, 2% means 80%, 3%=70% and 4%=still 60% profit margin. That means on a 1% hit rate for the prop firm, traders who got a payout of all starters on ...
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TrAndy1 replied Oct 8, 2022Let us make a different example. 20% pass Phase 1, 40% of them pass Phase 2 (half profit target=double amount percentage that pass as assumption) and then 50% gets a payout when funded. So 4% achieved an average payout of $5k, means on 100k ...
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TrAndy1 replied Oct 8, 2022Just making a simple example for calculating the potential profit margin of MFF or any prop firm for those 2 step challenges. Let's say 20%, pass Phase 1, then 20% pass Phase 2, that is 4% left. Then 20% of the achieved a payout, so that 0.8% of all ...
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TrAndy1 replied Oct 7, 2022Let us estimate the profit margin and potential max score possible on any prop firm with the MFF statistics they provide because they give us some insights on numbers. My Forex Funds are back with their monthly stats. They are featured for the two ...
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TrAndy1 replied Oct 7, 2022If cheaper price and having a better score for MFF was the main reason 1.5 years ago that so many joined, how do we know what are their profit margins ? How do we know it is not possible to be more efficient, more automated, having a better copy ...
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TrAndy1 replied Oct 7, 2022But again it does not explain the high rise of MFF to that time 2 years ago (being Canadian firm like FundingTalent). Why did so many join MFF to that time? Price only?
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TrAndy1 replied Oct 7, 2022But what was competitive advantage of MFF two years ago when they started ? They had much cheaper offers than whole market to that time. What was main reason ?
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TrAndy1 replied Oct 7, 2022Now I understand their physicaladdress.com office presence as they are located in iceland in reality ? Street: Kalkofnsvegur 2, Capital City: Reykjavik, Iceland. Hmm... url image
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TrAndy1 replied Oct 7, 2022Just make an assumption in mind if MFF or TFTP would close their doors, where would the majority of their traders join ? I would say it cannot FTMO as it was not FTMO when FundingTalent closed the doors. And MFF was a newcomer to that time and not ...
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TrAndy1 replied Oct 7, 2022When I recall correctly what I read, the most new users MFF got to that time they got them from FundingTalent leaving the sinking ship or ? And they only have chosen MFF because of the low and cheap offers they had for their challenges (only that ...
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TrAndy1 replied Oct 7, 2022But there is a huge difference between the prop firms you have mentioned and MFF. The score of MFF is more than double as good than all the others to that past time. So why it cannot be after ~2 more years that the whole prop firm thing got again ...
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TrAndy1 replied Oct 7, 2022Just a question for the older prop traders. Who had similar offers to MyForexFunds when they started ? I do not mean not legit ones like FundingTalent etc. Because their offer is more than twice as good in value from score than FTMO offers. So if ...
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TrAndy1 replied Oct 7, 2022It is only the wish this should be real. I have been looking for positive arguments what speaks for them. But of course as you mentioned there are some obvious contras.
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TrAndy1 replied Oct 7, 2022The most important part of EGFX faq statement I find is no.20, when they say they are actually also working as fund managers as unit. So they know how to trade! That is huge difference to all other prop firms, because no one has so far been founded ...
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TrAndy1 replied Oct 7, 2022Some notable FAQs points from EGFX worth to mention here. url 03. How to join with your company ? When you visit our home page you will see there are eight trading account products available you to select . you can select an account balance from ...
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