Disregard what that clown has to say. He’s been trying to promote his own flimsy prop firm. Plus he’s dead wrong about licensing requirements needed for US prop firms. Remember, it’s not a new concept. TopStep and others have been doing it for over ...

Prop Firm Hub

I do recall early on something similar happening to me as well. I was dancing close to the edge with a hedged position. Even tho I was able to recover in profits the negative positions were closed first, and briefly blew me out. I recall it was with ...

Prop Firm Hub

Very well stated. I have used profits over the years to expand into passive income investments.

Prop Firm Hub

Make your case here on their thread. Worth a shot. url

Prop Firm Hub

I recall someone else having the same thing happen. They were close to the edge (with an aggressive hedge) and closed the losing one first before the profitable ones and got blown out. I don't recall which firm it was, (had to be either FTMO or MFF) ...

Prop Firm Hub

Maybe they just consulted Jessica FatCow since she had a winning model?

Prop Firm Hub

Agreed, time will tell if they have a successful business model to compete in this space.

Prop Firm Hub

I took another look and it’s not as bad as initially thought. I would place them second highest with E8 being the most expensive. I might add them to the roster.

Prop Firm Hub

You are correct, I looked at it again and E8 is double the price of ET. So not quite as bad as originally thought. Might have a go at them after all.

Prop Firm Hub

You’re assuming they will give a live Purple account. They won’t, they will assign a purple ECN demo account. When you sign up on demo you’re only given the option of ECN and STP. That’s it. And they specifically told me they use ECN. image

Prop Firm Hub

They stated ECN, so when you sign up with the link they provided. you’re only given two options. So it stands to reason the ECN option is the one to choose. If someone who actually signed up can confirm these findings it would be ideal.

Prop Firm Hub

Agreed, they might be competitive on other FX pairs, but for indices they are not.

Prop Firm Hub

It is not $0.5 for .1 lot size. image TFT also offers Purple as a broker option. However if you want to trade indicies you have to choose Eightcap. Stands to reason why. Purples commissions on indices are sky high. IMO cfd commissions should never ...

Prop Firm Hub

For comparison, here's TFT with the larger contract size (10x of MFF, FTMO) so if I take 20 lots on them, it would equate to 2 lots with TFT. Costs would be $10. ET is 5x the contract size, so cost would be $40. image

Prop Firm Hub

They dont have a "trial accounts". They will provide a link to purple trading and you'll have to specify the ECN account. See pics image image

Prop Firm Hub

Evertrader is off the list for me. I contacted support about commissions for indicies. They suggested i try the Purple Trading ECN demo since that is who they are using. Contract size is 5 and costs are $8 round trip. So my typical lot size of 20 ...

Prop Firm Hub

Well done. I like that they automatically advance the next phase like most others. It’s puzzling to me that TFT still makes one wait 24hrs to advance to next phase. Then wait some more to get live account. Then wait even more for payouts.

Prop Firm Hub

Yeah that’s what I’ve been using as well for the past few years. Once it’s dialed in, it works without fail.

Prop Firm Hub

Agreed, I had purchased one (pictured below) in the marketplace long ago, but found the FX Blue copier to be much more robust. image

Prop Firm Hub

There's a free one in the marketplace that I use. image

Prop Firm Hub