saintelvnn:


Exactly if I hustle na to go through myfundedfx
Their transparency is like no other
Tft seem to have hidden rules, you need to look well. Na when you don breach the rules dem go come send you rubbish e-mail...

You think so? Check out my observation and make your research.

kendoschurrle:


you don't know enough to dey preach this thing brother

the person wey choose 6% trailing account na the idiot because dem explain the rules clear for their page

why e no choose standard evaluation like normal people wey get sense

for EA, MFFX no dey stop EA usage unless na arbitrage or HFT

prop firm rules dey feel limiting sometimes but you no fit ignore the HUGE opportunity wey dem dey give people

just find way adjust

me for example i go prefer 10% daily DD and 20% lifetime DD but since I no fit get am with any of the reputable ones wetin I do? reduce my risk by 50% simple

anybody wey no fit trade with MFFX no fit trade with others e no matter who you wan call

Does anyone ever know enough? Even as you think you know, they may be formulating new rules which you may not be aware of until you equally breach it.

Thanks for your input though.We learn together.

NB: I am not preaching anything. I am simply expressing my observation.

zedegit:


You think so? Check out my observation and make your research.

Baba numbers don't lie....even FTA here na mffx withdrawal I don see clearly And it is the profirm I can risk my money on or maybe consumates....

VeeVeeMyLuv:

They are clever

Clever or cunny?

Taking away $4000 profits?

BrightFuture48:

FTMO also have same rule on news.

What of MFF and Maven?

zedegit:



Exactly what I was trying to say before some know all carried the matter for head. Just like he said some prop firms don't tolerate positions being open during news release whether it's profitable or not.


Meanwhile that of mffx has something to do with the trailing 6% which they say they calculate from the highest ever amount you made.

Assuming they funded you $5000 and you made profits up to $5500 and later start a losing streak, 6% of $5500 is $330. Meaning your account must not fall below $5170.

Violation of which they will not grant you another funded account. They encourage leaving some part of your profits in the account, yet they will take theirs complete.

Someone took $5000 close to $5500 then lost 4% (Daily DD)which is $220. They took the account from him. He not only lost his account but also lost his generated profits of about $200.

Another they accused him of using EA to trade, seized his account and denied him profits.

I can go on and on but what do I know? I suggest you join their discord community and follow complaints and their response. You will learn one or two.

I want to check out Mavin trading and see if their rules are straight forward. I believe 6% total DD and 4% Daily DD should be calculated from the default funded amount and swap free account must be guaranteed. If I see an honest prop firm that guarantees these conditions, I will get a prop account. But for now I will be watching and perhaps trying out their competition.

NB: I might be wrong but make your own unbiased enquiry. I mean well. Congratulations to all funded traders. Please make it count.

is this the hidden clause you were referring to? Lol

zedegit:



Exactly what I was trying to say before some know all carried the matter for head. Just like he said some prop firms don't tolerate positions being open during news release whether it's profitable or not.


Meanwhile that of mffx has something to do with the trailing 6% which they say they calculate from the highest ever amount you made.

Assuming they funded you $5000 and you made profits up to $5500 and later start a losing streak, 6% of $5500 is $330. Meaning your account must not fall below $5170.

Violation of which they will not grant you another funded account. They encourage leaving some part of your profits in the account, yet they will take theirs complete.

Someone took $5000 close to $5500 then lost 4% (Daily DD)which is $220. They took the account from him. He not only lost his account but also lost his generated profits of about $200.

Another they accused him of using EA to trade, seized his account and denied him profits.

I can go on and on but what do I know? I suggest you join their discord community and follow complaints and their response. You will learn one or two.

I want to check out Mavin trading and see if their rules are straight forward. I believe 6% total DD and 4% Daily DD should be calculated from the default funded amount and swap free account must be guaranteed. If I see an honest prop firm that guarantees these conditions, I will get a prop account. But for now I will be watching and perhaps trying out their competition.

NB: I might be wrong but make your own unbiased enquiry. I mean well. Congratulations to all funded traders. Please make it count.

Trailing stop is peculiar to 1 step account and not the 2 step account

Aremolekunowo:

6. Minimum account purchase 3k=$29

Their site states $100 for $3000.

People really enjoying with prop firms, making some of us feel left out

XAUTrader4L2:
People really enjoying with prop firms, making some of us feel left out

Unless say you get six figure usd personal account you suppose find way join

na easy way to make more with small and also build personal account

zedegit:


Does anyone ever know enough? Even as you think you know, they may be formulating new rules which you may not be aware of until you equally breach it.

Thanks for your input though.We learn together.

NB: I am not preaching anything. I am simply expressing my observation.

na why you suppose use firm wey get reputation to protect. dem no fit make up rules wey no dey before to avoid paying you because that 10k wey dem no pay fit make dem lose millions if people no trust them again

and even if that kain thing happen for firm wey don already pay you first payout, you no lose anything

these firms na stepping stone use dem build strong personal account, and save up serious money for your life, and then anything wey happen after no concern you

and from wetin we dey see, prop firm industry no dey go anywhere

some go fold but the industry go still dey bubble for a long time

until MFFX does a no Daily Drawdown limit
and implement a 8% overall drawdown strictly on their capital for funded accounts will I take this propfirms as being complete

how can you fund me $5000 and I make a profit totaling $6000 but because I lost $250 in a day you will say breech,

yes you can enforce the rules on the evaluation accounts, obviously they prefer to rip off traders because they are providing you with capital

zedegit:



Exactly what I was trying to say before some know all carried the matter for head. Just like he said some prop firms don't tolerate positions being open during news release whether it's profitable or not.


Meanwhile that of mffx has something to do with the trailing 6% which they say they calculate from the highest ever amount you made.

Assuming they funded you $5000 and you made profits up to $5500 and later start a losing streak, 6% of $5500 is $330. Meaning your account must not fall below $5170.

Violation of which they will not grant you another funded account. They encourage leaving some part of your profits in the account, yet they will take theirs complete.

Someone took $5000 close to $5500 then lost 4% (Daily DD)which is $220. They took the account from him. He not only lost his account but also lost his generated profits of about $200.

Another they accused him of using EA to trade, seized his account and denied him profits.

I can go on and on but what do I know? I suggest you join their discord community and follow complaints and their response. You will learn one or two.

I want to check out Mavin trading and see if their rules are straight forward. I believe 6% total DD and 4% Daily DD should be calculated from the default funded amount and swap free account must be guaranteed. If I see an honest prop firm that guarantees these conditions, I will get a prop account. But for now I will be watching and perhaps trying out their competition.

NB: I might be wrong but make your own unbiased enquiry. I mean well. Congratulations to all funded traders. Please make it count.

They are not scam. The rules are there nd that's why it's better to first read the rules of any acct and select plan that allows news trading and all that.

infofirst:



They are not scam. The rules are there nd that's why it's better to first read the rules of any acct and select plan that allows news trading and all that.

I never at any time called any prop firm scam.

Emmizay12:
until MFFX does a no Daily Drawdown limit
and implement a 8% overall drawdown strictly on their capital for funded accounts will I take this propfirms as being complete

how can you fund me $5000 and I make a profit totaling $6000 but because I lost $250 in a day you will say breech,

yes you can enforce the rules on the evaluation accounts, obviously they prefer to rip off traders because they are providing you with capital

Why you too wan lose $250 on $5000 in a day. No b greediness b that. We are greedy myself inclusive. You no dey see how people overtrade as well.
Prop firm are the future. Any one that have issue with them should check himself.

zedegit:


I never at any time called any prop firm scam.

I did not say you said they are scam. I was only referring to all I have read prior to yours and I decided to quote yours because there are some point relevant to what you wrote

My understanding is that two step evaluation favours prop firms more as they hope you lose the trial phase. Money paid is otilooo.

One step favours traders more and prop firms introduced 6% trailing to discourage one step purchase.

infofirst:


Why you too wan lose $250 on $5000 in a day. No b greediness b that. We are greedy myself inclusive. You no dey see how people overtrade as well.
Prop firm are the future. Any one that have issue with them should check himself.

Oga leave dem. Na because say funded traders wey dey here no dey upload withdrawals for motivation purpose.

because who wan give u 5k usd to trade on a norms for our let the poor breathe country.

I love this weekend for this Family sha,one of the best weekend for this year so far!!!


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PIPSMARSHALL:


Oga leave dem. Na because say funded traders wey dey here no dey upload withdrawals for motivation purpose.

because who wan give u 5k usd to trade on a norms for our let the poor breathe country.

I tire.

Seriously this thing no hard o as some of us imagine am.

No time limit anymore, trade relaxed with low risk. Making a mountain out of a molehill

.

everyday I check twitter, discord and I see the withdrawals from people and that alone is motivating. They don't have two heads

kendoschurrle:


Unless say you get six figure usd personal account you suppose find way join

na easy way to make more with small and also build personal account

Baba I am not healthy enough to be a scalper or day trader

XAUTrader4L2:



Baba I am not healthy enough to be a scalper or day trader

buy no swap or swing account

options plenty but if you no want no lele

OfficialP:


I tire.

Seriously this thing no hard o as some of us imagine am.

No time limit anymore, trade relaxed with low risk. Making a mountain out of a molehill

Yea e no hard.. But the rules in some of the account type it's confusing, and that what we are debating here in order to know which one would be the best to go for.

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OfficialP:
everyday I check twitter, discord and I see the withdrawals from people and that alone is motivating. They don't have two heads

As motivating as those are, it's best to set a realistic target of 2-5% a month. Most of those on leaderboard or flashing withdrawals no dey last. Some even go ahead to lose much more than that as they are in the habit of gambling. Only few are exempted.

infofirst:


As motivating as those are, it's best to set a realistic target of 2-5% a month. Most of those on leaderboard or flashing withdrawals no dey last. Some even go ahead to lose much more than that as they are in the habit of gambling. Only few are exempted.

5% a month on a 5k is more than enough, and it's achievable also.

The higher the account, the lower the target should be, in my opinion

Aremolekunowo:
I just bought the TEN TRADE account on Thursday, they ve introduce new things to profirm.
1. No daily drawdown DD
2. Minimum trading days 5
3. Maximum drawdown 9%
4. 10 % profits pass
5. Maximum trading days 60
6. Minimum account purchase 3k=$29
7. Direct scaling plans each time you hit 10% 10k, 30k, 90k,270k and Max 500k usd
8. Sharing formula 30/ 70 percent
9. Naira [kora] payment option available
10. Once you pass your challenge 5- 60 days you can request for a payout of 70%. Through credit cards,crypto, Kora bank transfer to your naira account..
11. Challenge is only 1 phase not 2 once you pass even in one day you will be funded with live account.
So I decide to go with there smallest account $3000 for 29usd I already have some drawdown through that NFP news on Friday but thank God no daily drawdown but max DD. I paid in naira equivalent of 740 to usd. Once I hit 10% which is 3,300usd i will get my live funded account. Note I went to their physical office at Opebi ikeja lagos to get this done. Let's see how it goes, am xoming back for more updates. Thanks house I first learnt about profirm in this group.
Any one interested in this I can give you the registration link or go to their office at opebi gwx building.

The sharing formula

You mean the prop firm takes 70%?

Edd1e:


They have a pro account now with 10% DD, albeit, more expensive.

yea. I don't consider it more expensive since the money will be refunded once the challenge is passed.

infofirst:


Why you too wan lose $250 on $5000 in a day. No b greediness b that. We are greedy myself inclusive. You no dey see how people overtrade as well.
Prop firm are the future. Any one that have issue with them should check himself.

Gbam!!!

zedegit:



Exactly what I was trying to say before some know all carried the matter for head. Just like he said some prop firms don't tolerate positions being open during news release whether it's profitable or not.


Meanwhile that of mffx has something to do with the trailing 6% which they say they calculate from the highest ever amount you made.

Assuming they funded you $5000 and you made profits up to $5500 and later start a losing streak, 6% of $5500 is $330. Meaning your account must not fall below $5170.

Violation of which they will not grant you another funded account. They encourage leaving some part of your profits in the account, yet they will take theirs complete.

Someone took $5000 close to $5500 then lost 4% (Daily DD)which is $220. They took the account from him. He not only lost his account but also lost his generated profits of about $200.

Another they accused him of using EA to trade, seized his account and denied him profits.

I can go on and on but what do I know? I suggest you join their discord community and follow complaints and their response. You will learn one or two.

I want to check out Mavin trading and see if their rules are straight forward. I believe 6% total DD and 4% Daily DD should be calculated from the default funded amount and swap free account must be guaranteed. If I see an honest prop firm that guarantees these conditions, I will get a prop account. But for now I will be watching and perhaps trying out their competition.

NB: I might be wrong but make your own unbiased enquiry. I mean well. Congratulations to all funded traders. Please make it count.

I think the bolded has to do with their 1 step account