Disliked{quote} My god, it is very complicate to understand this table, I will try to work on it some time, and ask questions. The difference is huge.Ignored
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prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
Disliked{quote} My god, it is very complicate to understand this table, I will try to work on it some time, and ask questions. The difference is huge.Ignored
Disliked{quote} Please, please,please go back and read my posts (and others) on instant funding. The eval models give approx 20X ...10K DD for $500 fee. Even after you flip in phase 1 (10% target with 10%DD) and 50% in phase 2...your fee of $500 would be $1250 in a personal account, instead you have 10K DD with eval style prop. Instant funding YOU START with a fee equal to your DD. Now the real scammy part.......make 10% with 6% DD...so in simple terms make $1000 with $600 and we double your $600DD to $1200...in a personal account you'd have 1600.....it...Ignored
DislikedBelow is the spreadsheet that shows the value you receive after completing targets of evaluations and factoring in profit split % vs. trading the fee in your own account. The number is simply a multiplier of what the prop gives you vs. what you would have in your own account. As you can see, the instant funding is a negative value, you actually GIVE MONEY AWAY using them. The sheets are actually on PAGE 1 of this thread. {image} Now simply take this sheet and filter with trading conditions, 100% payout record and straight forward rules and you will...Ignored
Disliked{quote} Unfortunately I have hurry and not so much time left for due dilegence I believe in your job and better to study what you did can you upload please an excel file of this table, so I can extract the best brokers and add in my table the "best score" as per your job if you can plase add the score of FTUK or other missing if I lost one a part of FTUK in my table https://docs.google.com/spreadsheets...it?usp=sharingIgnored
Disliked{quote} This was not my work. TrAndy created the spreadsheet. It is posted several times throughout this thread. Just search TrAndy postsIgnored
Disliked{quote} Just did one....you select payouts from the menu, if one is available, there will be a configure button. It will then display max allowed, you can take all or partial, select method (Deel is only option). Stated it would be within 24 hours, so I believe I will be down 1 trading day (today). I will update if something different occurs.Ignored
Disliked{quote} Money in deel already. Under 5 hours from request to it being in deel. Account still inactive, though, TFF has not updated it.Ignored
Disliked{quote} what means account still inactive? the deel account or something happened in TFF?Ignored
Disliked{quote} Money in deel already. Under 5 hours from request to it being in deel. Account still inactive, though, TFF has not updated it.Ignored
DislikedCan somebody check the column of commissions? I updated all, it seems that Funded Trading Plus has 3.5$ per lot, per side. Quite high. The best commissions are: MFF and FTMO 1.5$ the5ers 2$ TheFundedTrader $2.5 All the others goes from 3$ to 3.5$ Citytrader the most expensive $4.5 that makes scalping and high volumes completely a waste of money Also E8Funding with a 0.005% fee means 5$ per lot, even worse (Am I wrong?) the no commissions are: The Prop Trading and Fidelcrest (to check the spreads first, and for TPT we know it is dangerous right now,...Ignored
Disliked{quote} I don't have the new credentials and/or updated account balance at TFF. Nothing wrong with the withdrawal.Ignored
Disliked{quote} As for the commissions - again, a great work, thanks! However, not all of us are focused on forex pairs only, for example I never traded them and currently I only trade indices. From the other prop firm discussions (Telegram and Discord) it seems quite a lot of traders trade US indices and Gold only too. My point is - the prop firms differ even more in the commissions on indices and gold. Some do apply the same as for fx pairs, some use different amount, some offer indices and gold free of any commissions. It would be nice having this aspect...Ignored
Disliked{quote} As for the commissions - again, a great work, thanks! However, not all of us are focused on forex pairs only, for example I never traded them and currently I only trade indices. From the other prop firm discussions (Telegram and Discord) it seems quite a lot of traders trade US indices and Gold only too. My point is - the prop firms differ even more in the commissions on indices and gold. Some do apply the same as for fx pairs, some use different amount, some offer indices and gold free of any commissions. It would be nice having this aspect...Ignored
Disliked{quote} However I wait to know from some forex trader then what things about the commission of E8 that is more than 3 times higher of MFFIgnored
Disliked{quote} E8 charges 0.01% rt of the traded volume on indices, eg. for US30 it is equivalent to additional 3.27 points to the spread for the total of over 5 points. MFF spread is about 1 point commission free Edit: you can open a trial account with E8 to see and test by yourselfIgnored