This follows an earlier disruption caused by their previous platform provider ending collaboration due to US regulations. Brought the account to 53k with 5-10 contracts before hitting 2500 trailing stop loss, and then did it again with the trailing stop loss and brought it to roughly 57k. However, there is limited information on its actual performance, and the Feb 15, 2024 · Another prop firm popular with the retail trading crowd, True Forex Funds, has also been forced to halt operations and is looking to restart next week. This EA for Passing Prop Firm Challenges should work on VPS without interruption and low latency to reach stable results. The ebook "PASSING THE PROP FIRM EVALUATION" reveals a lot about passing evaluations. But even that won't change anything if prop firm is from some poor country where regulations will never come for these prop firms because governments don't even know what it is. Download HERE. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. These are usually very small to medium sized firms that you pay a single fee which gives you training and or access to capital with a split. A few have a subscription on the ass end also so ask. They’ll definitely have to come up with alternative solutions. ex4) (version 2. 0 MT4 . Jan 6, 2024 · Whilst the MetaTrader 4/5 platforms remain the most common platforms you will find with most proprietary trading firms, cTrader is another popular option. In theory you could do the same with prop firms, but in practice there are limits to prevent this. " I don't know about you, but to me that's an accomplishment to be Dec 13, 2023 · Recommendations for Passing Prop Firm Challenges. My Funded FX is an innovative prop firm offering funded accounts for prop traders. Registration and initial fee required ($255 to $1,399). May 28, 2024 · MetaTrader 4 (MT4) You can use MT4 for manual and automated trading with expert advisors. 10 Best Prop Firms; Prop Fx2 is the best pocket friendly prop… Fx2 is the best pocket friendly prop firm. Most Forex brokers and prop firms use MT4/MT5 but they suck so bad as a trading software. The prop firms that are regulated with their own broker will have no issues, and the ones that have options outside of MT4/5 will also have no issues, at least for now. I am a bot, and this action was performed automatically. I have a mt4 EA that passes HFT challenges in about 6 hours. Get the Reddit app Scan this QR code to download the app now Funding Crusher EA (for prop firm) MT4 unlimited . Bad or good trader, prop firm still makes money I can’t see how this won’t affect other firms. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Posted by u/Dominic_Walsh_Trader - 1 vote and no comments Feb 26, 2024 · There is the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platform, both of which are provided by some of the best prop firms you can find. Jul 29, 2023 · JFX EA is a fully automated Prop Firm Robot suitable for prop firms like FTMO. It is a Hungary-based prop firm that came into business in April 2021. this prop firm is not moving to DXtrade , which does not have a trade copier. The HFT Prop EA 3. Support It appears this thread is about Prop Firms and Scouting Programs. The only reason they use MT4/MT5 is because anyone can create a demo server and name it however they want like "LIVE account :propfirmname:" while every market condition can be manipulated by them. 5 MT4 Unlimited upvote r/Forex_Robots. They are available through over 750 brokers and banks, servicing millions of traders. Posted by u/Dominic_Walsh_Trader - 1 vote and no comments Platform Compatibility: Supports both MT4 and MT5 platforms. Scan this QR code to download the app now. The problem is I can pass than easy but I still have to trouble with me emotions. May 28, 2024 · MetaTrader 4 (MT4) You can use MT4 for manual and automated trading with expert advisors. Good news, Many people have gotten 2nd and 3rd and 4th payouts from Kortana and i've personally seen no issues, it seems to me to be a completely legitimate prop Posted by u/Dominic_Walsh_Trader - 1 vote and no comments PROS & CONS. 3 MT4 for MetaTrader 4 is one of the latest automated trading systems designed specifically for HFT. By learning how to use the indicator effectively, traders can increase their chances of passing the FTMO. Get the Reddit app Scan this QR code to download the app now TS Prop Firm MT4 . So MT4 based EAs used to pass challenges with this prop firm are no longer going to work. Prop Firm EA design all tools to make trading as simple as possible to save you time collecting data from chart history, trade on many different currency pairs and time frames, opens and closes trades automatically, EA do not use martingale strategy. 1% is 1% 5. I would recommend this prop firm only to advanced traders who know their way around the trading market. Open comment sort options. CFD trading is not allowed in the U. Traders share a portion of their profits with the firm in exchange for access to the platform and resources. In contrast, forex prop firms typically use MetaTrader as their top platform in the versions MetaTrader 4 and MetaTrader 5. Recently I've wanted to try using prop firms, but the trade copiers require an MT4 account. Within just one week, prop firms' US-based clients (and sometimes other jurisdictions too) lost access to their accounts, and the industry began a panic attempt to migrate to alternative solutions offered by the likes of Match-Trade Technologies (Match-Trader) and Spotware Systems (cTrader). I’m confused as to whether or not brokers support MT5 on live accounts in the US. Features at a Glance: News Filter: Specialized Jul 10, 2024 · Trading is available on MetaTrader 4 (MT4) or MetaTrader 5 (MT5) and assorted trading platforms through the firm’s partnership with FXPIG. Time Frame Compatibility: Specifically designed for the M15 time frame, this EA taps into short-term market fluctuations, offering a plethora of trading opportunities. We would like to show you a description here but the site won’t allow us. The Prop GT MT4 EA is an expert advisor designed to help traders pass prop firm challenges and generate profits while trading. Or check it out in the app stores Prop Firm TopTier Trader Replaces MT4/5 with TradeLocker fazzaco Most prop firms do indeed give you a virtual account to execute trades, and their system just copy trade it on a live account. The most interesting of all is the training videos been release free. Hey tino im actually funded with NOVA 100k account They dont mimic live account until 70% split which is after the 50% (i passed with HFT) im not here to argue or say you a bad trader but for me i fojnd out that if you use really low risk on the prop firms that are new they will actually love you My first payout was a month ago and it was 560$ (230$) after split and now my second is due monday Reddit; Telegram; View live and typical spreads on our most popular products and markets available at the best forex prop firms. Feb 4, 2024 · ProprietaryFirms. Website interface is user friendly, along with on time payout. I did it for all my friends too. Funding Pips most likely chose the cheap way out because they didn’t want to pay for a non Metaquotes terminal like other prop firms have done recently. However, MT4 does have some drawbacks, such as the lack of comprehensive historical data for backtesting, and suboptimal execution speed for high-frequency trading. It appears this thread is about Prop Firms and Scouting Programs. TS Prop Firm EA is an Expert Advisor (EA) designed specifically for forex traders working with Prop Trading Firms. JFK EA operates through a combination of Averaging and Hedging trading methods. The founder, Matthew Leech, created this trading company to give you a chance at some serious capital, with offers of up to $300,000 and the potential to scale to $1. Traders operate within these environments using virtual funds, allowing them to gain experience and confidence before transitioning to live trading with real capital. Posted by u/Dominic_Walsh_Trader - 1 vote and no comments HFT Prop Firm EA is nothing short of revolutionary in the world of proprietary trading systems. The prop firms only allow the HFT to be used to pass the challenges but now some prop firms are allowing you to use a EA once funded and people are actually making decent returns on fully automated funded accounts Whats your guys opinion on this ? Pass Your FTMO or any other prop firm with FundedEA Deluxe! Works with all prop firms, including FTMO Available on MT4, MT5, cTrader & DXTrade We would like to show you a description here but the site won’t allow us. Funding Pips, a prop trading firm, is targeting US traders again after migrating its platform from MetaTrader to Match-Trader. I’m a US based forex trader and have been using MT4 for many years. FXIFY offers instant payouts, no consistency rules An MT4 prop firm is a proprietary trading firm that allows traders to use the MetaTrader 4 platform to trade financial markets using the firm’s capital. In this comprehensive guide, we will explore what HFT is, how the HFT Prop EA 3. Add to your winning positions once you are in a relatively safe position. That profit split makes it harder to get exponential. I can't be the only one who thinks MT4 sucks, especially their drawing tools for making support/resistance and trend lines. I hoped to continue in Topstep since they have TradingView Integration and a trade copier. Proprietary trading firms, commonly known as "prop shops," present an enticing avenue for US traders. 🤖System: PROP FIRM EA V2 ⚙️ Category: EA 🎛 Platform: MT4 💵 Currency Pair: AUDUSD, CADCHF, CADJPY, EURAUD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPNZD, GBPUSD, USDCAD, USDJPY 🌐 Trading Time: Any Session ⏰ Timeframe: M5-H1 Prop Firm EA is specially designed to pass funding firms such as FTMO. Are there any US traders using a live MT5 account? If so, which broker? Jul 6, 2024 · The funding starts at $7,500 to $240,000, while the fee ranges from $123 to $2399. In response, the prop firms are scrambling to add new brokerage relationships, with brokers that operate with platforms other than MT4 and MT5. Advantages of United States Prop Firms. Stock Market News Feed for Idea Generation Best viewed on PC with Reddit Enhancement Suite Use an Auto… Posted by u/Dominic_Walsh_Trader - 1 vote and no comments The trailing drawdown locks in at 100k so if you lose 5k because of losing streak, that firm doesnt lose anything. Not to mention, the money isn't in your hands lol. Commissions, spreads, time, other details that cannot be found in the description, for example, spreads are OK, but the chart is displayed “slightly” wrong, some additional factors. I had a High-Stakes account and once I received a big payout from them (it was around 30k) I received an e-mail from them in which additional rules are introduced (I hate it when Prop Firms aren't transparent upfront with their rules, and try to introduce new rules via Get the Reddit app Scan this QR code to download the app now Prop Firm Funding Pips Replace MT4/MT5 with Match-Trader, cTrader, DXtrade Platforms Prop Trading Jan 10, 2024 · This week, a leading prop firm, FTMO suspended the purchase of new challenges for the US market. 5 million. Prop firm can make money through challenges attempts and profitable traders. 140% Reward. Only 5 days to get a funded Pro account. Here is a list of prop firms that offer trading via the MT4 platform: Prop Firm Algo Project EA For MT4 And MT5 The Algo Project EA incorporates three robust trading strategies: Reverse, Trend, and Grid. Prop Firm’s Dream Tool: Designed with prop firms in mind, ForexYields EA V3. I'm very wary of the whole "prop trading" industry when it's in this setting, and don't know much about it. TS Prop Firm EA is a version that support the EURUSD, XAUUSD and US30 - Italiano Acquista il 'TS Prop Firm MT4' Robot di trading (Expert Advisor) per MetaTrader 4 in MetaTrader Market It appears this thread is about Prop Firms and Scouting Programs. For those searching for the best expert advisor for MT4 to pass prop firm challenges, this might just be your golden ticket. I just lost an account too. Execution & spread always good on spot no slippage so far, Support also responsive and polite. I’m curious how the prop firms will handle it too. a prop firm is a company that (theoretically) lets you trade with their capital. I know that soon I'll actually be able to pass a prop firm challenge on my own and be able to say, "I'm profitable. Risk that can be withdrawed is worth considerably more than if you were to risk the prop firms money. And it offers 7days payout! May 8, 2024 · Top Forex prop trading firms with MT4 enable traders to use all advanced features of the platform, including automated trading. Prop firms often value consistency over high returns in a Single fee firms-These firms often but not always fall in the educational portion of the spectrum. May 7, 2024 · Since prop firms started providing TradingView, they have had inquiries from relatively new traders asking if it makes sense to only use TradingView and avoid using MetaTrader 4 or 5. Yes they do. This includes setting strict stop loss levels and following position sizing rules so as not to exceed drawdown limits. Two-level challenge lasting 40 to 70 days, aiming for 5%, 8%, or 10% profit. This Expert Advisor (EA) is a powerful tool for traders seeking to leverage the capital of prop trading firms, while navigating the complex and volatile Forex market. 1 MT4 upvote If your prop firm offers DX, run away! If your propfirm does not offer mt4 or mt5 to US clients ( it does not matter if you are US or not) run away. The package includes: + Expert: HFT Prop Firm EA (. . So it's only kinda exponetial. Or check it out in the app stores PROP FIRM EA v6. Diving into currency trading at 19 with just £15,000, he experienced the thrill of doubling his investment, only to face setbacks that could have ended his career. I’d like to switch to MT5 because the MT5 depth of market provides volume order data (whereas MT4 does not). Get the Reddit app Scan this QR code to download the app now TS Prop Firm V1. The 24-hour guaranteed payout is real. If it were up to me, I wish we could simply use Trading View (desktop & mobile) to execute trades for all the prop firms. Unique Features and Bonuses: Beyond the scalable funding and flexibility, Fidelcrest distinguishes itself with low-service broker fees, accounts with different risk levels PROS & CONS. Feb 1, 2024 · The firm's flexibility shines through, allowing traders to set their pace without strict trading day requirements, a departure from the norms set by many other prop firms. Although, I have not pass my evaluation, but from what I now understand it will be over soon. We are seeing the beginning of the end my friends. A core pain point for beginners in forex trading is the overwhelming complexity of market analysis and decision-making. This Expert Advisor (EA) is designed to cruise through proprietary trading firm evaluations, specifically those that permit High-Frequency Trading (HFT) techniques. It works using a proprietary indicator. It design to work on US30 (DJ30, WS30) or GER30 (DE30). Mentfunding mavericktrading TS Prop Firm MT4: TS Prop Firm MT4 has been prepared for Prop Trading Firms and Forex Brokers. As you are the trader, you should be the one to decide which platform is best for your needs. A legit prop trading firm will require some sort of background in quant-finance or professional trading. XAUUSD, and US30, across MetaTrader 4 (MT4) platforms. It works best on M1 or M5 TimeFrames. The situation is this: I enter trades on the 2m/5m charts and I would like to copy the trades from my master account to other prop firm accounts, plus to two more personal accounts. mql5 FundedNext Blog - FundedNext - Our Fund, Your Profit | Best Trading Firm' 85% Lifetime Payout + 140% Reward. It’s a million times more polished than MT4 & MT5. If ur risking 1% on every trade for example(on a 100K account), ur risking 1% regardless ($1K) even if levy is 1:10 or 1:1000. Account choices from $25,000 to $300,000 on MetaTrader 4 (MT4). Risk Management: With a maximum drawdown of -3% (Prop), SRF Pro EA 23 MT4 emphasizes on risk-conscious trading. I also use the API with algos. Or check it out in the app stores Sep 21, 2023 · The prop firm’s broker partner and trading platform are also important when considering a firm. Share your Favourites, let us all know. Share I am trading with a prop firm and I have multiple accounts with them that I Copy my trades from. Best. Its a business that is set for them to minimize losses and maximize gains. Reasonable prop firm fees. 3 works, its key features and performance metrics, optimal prop firms to use it with, and tips for getting the most out of this advanced trading Get the Reddit app Scan this QR code to download the app now FTMO EA - Prop Firm Trading Robot MT4 Share Sort by: Top. Prop Firms. It offers a combination of strategies and monitoring features to ensure the trader stays within the prop firm’s rules. Top. The platform is packed with an abundance of trading tools for conducting in-depth market analysis across all of your favourite financial instruments and asset classes, including forex, stocks, indices, commodities and cryptos. Focus on preserving capital by effectively managing risk. A trader should have the option to test their system with any prop firm platform to optimize their strategy or be able to find out if the prop firm is a good fit for their type of trading style. Don't believe in negative comments. No, the platforms aren't banned. Platform: MT4 Time Frame: M5 Support Trading Currency Pairs: GBPUSD Minimum Deposit: $10,000 or a prop firm account Presets: Use default presets Download HERE. What I like: The fastest payment processing in the prop firm world. However, some firms restrict Expert Advisors or EAs which are automated trading robots on the MT4 platform. All forex prop firms that use MT4/MT5 for trading they can set the spreads and slippage however they want. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video… One of the best prop firms! Being able to trade on MT4/MT5, is so important for me as I personally prefer to trade on MT rather than other platforms. Currency Pair Adaptability: Fine-tuned for a broad spectrum including XAUUSD, EURUSD, and more. Most limit how much you can be funded max with them. However, it looks like some prop firms stopped working with brokers that provided MT4/MT5 platforms. It has come to light that most prop firms are marketing fronts and have no real back end, as its all not licensed. Dont give up on prop firms, especially FTMO. Welcome to FXGears. Hopefully in EU governments will go after prop firms too. This indicator, a part of the core structure of PropFirm EA, is also available for manual trading if the user prefers a more hands-on approach. It automates trading strategies on MetaTrader 4 (MT4) for EURUSD, XAUUSD, and US30 currency pairs. Pro+ accounts are real accounts with real funds sent to the exchange, unlike other firms that fund you in a simulated environment. TS Prop Firm EA addresses this by offering automated trading Honestly leverage doesnt mean shit if you have a good risk management. But I like the idea of trading with someone else money and just having my account scaled up, so have been considering signing up to a prop firm. Once one account is up let's say 1-2 percent, I stop trading on it until the withdrawal period. $5K to $25K Account CODE : PROMISE85. I was wondering if there is a way to trade on MT4 (Demo) and all the trades get copied to DXtrade accounts. 0 is tailored to not just meet, but surpass challenge requirements. 5 per position. I think my favourite is 5%ers, with FTMO second and TFT third. We can help traders to find the prop firms that meet their needs. A detailed overview and comparison of popular forex prop firms can be found here. This is the guy I am learning from, and everything makes sense. I'm not too worried about a difficult entry process as most are draw down related and the way I trade has very small stops anyway. I see the growth of prop firms and good to share opinions that every trader needs to know. I can crunch all the numbers and do a comparison against FTMO, but the truth is I will likely skip past you because I have no way to validate my system I'm not sure if what I'm looking for even exists, a firm that I can use as easily and as simply as I trade now. . But a lot of prop firms are outside of US and that means that they can scam for a long time. Edit: try this: Risk max. This is totally insane. With an increasing demand of aspiring traders who are looking to get a funded account, there are more and more prop trading firms popping up nowadays. Please contact the moderators of this subreddit if you have any questions or concerns. Each strategy is uniquely designed to maximize returns by adapting to varying market conditions without the use of high-risk techniques like martingale or averaging. Which Prop firm / platform has Trade Copier + On the go trading ? I am currently doing a trading combine in Topstep. Key Features: . New I don't recommend 5ers anymore, as they will set a limit of 1% risk per position per symbol on you once you are profitable. %0. By designing and building this We would like to show you a description here but the site won’t allow us. While the prop firm still continues to accept clients from around the world, this change will impact many new prop traders in the US. Prop GT MT4 Conclusion. Get the Reddit app Scan this QR code to download the app now. They now offer MT5 and Ctrader solely, so you'd have to find an MT5 EA to pass the challenge. Prop Trading is just a fancy name for financially incentivized demo trading. NOT RELATED to Any Prop Firm Company. 5K subscribers in the StonkFeed community. Finotive Funding. You may have other opinions with different trade styles and systems and that's ok. Some dont allow copy trades. MetaTrader 4 & MetaTrader 5 Platforms MetaTrader includes several trading tools and capabilities that other platforms lack, in addition to being simple to download and install. 01 Platform: MetaTrader 4 Leverage: 1:30 up to 1:1000 Realized that wasn’t realistic so I reopened a demo at 50k and tried to rules of a prop firm. Ryze has made prop firm accessible &… Ryze has made prop firm accessible & affordable to everyone offering 3 step with good value and higher drawdown limit. Posted by u/Dominic_Walsh_Trader - 1 vote and no comments 889 subscribers in the ForexCracked community. The comparison of trading platforms may be done from a variety of angles, with varying degrees of success. Ok so there's my opinions of the prop firms I traded with as a swing trader. Optimized for MT4: It effortlessly integrates with the widely-used trading system MT4, ensuring a seamless trading experience. And since many prop firms operating in areas like Canada and the US are using very similar practices, there can definitely be more repercussions later down the road. based prop firms, and Canadian's MyForexFunds made a big mistake by advertising that they will actually fund their funded customers with real money = real CFD trading. Mark out my chart on TV, then set my orders with a few clicks on Bybit, it's so painless to do. This way you rotate between accounts and increase the chance of consistently getting paid. That still doesn't discount the fact that they can lose money if your trades are ass. when a trader has several accounts with prop firms, instead of clicking buy on each of the accounts, they connect them via a trade copier , and click just once on the master account, the order will be replicated on the other connected Passing prop firm challenges, such as those presented by FTMO, requires a disciplined and strategic approach. r/Forex PROP FIRM EA represents a breakthrough in the world of automated trading systems, designed specifically for prop firm accounts. Finotive Funding offers the highest capital and leverage in the community. Futures trading-focused prop firms use mainly leading platforms in the futures trading segment, which are NinjaTrader, Quantower and Tradovate. For prop firms, these simulated markets serve as training grounds where aspiring traders can showcase their skills and potential profitability without financial risk. Subscription based firm- Nathan's trading journey is a true rollercoaster of early wins, tough lessons, and a victorious comeback. midst the influx of forex traders transitioning to futures and seeking opportunities with futures prop firms, I find it fitting to shed light on my experiences with the top two firms in this space. At the end of the day pick a prop firm you trust, can pass and like. It is specially made to pass prop firm challenges and evaluations. This will definitely put prop firms on regulator’s radars. Trust me, if you can't manage to stay within prop firms dd limits, you can't manage a real funded account either. In summary, this Indicator is a powerful tool that can help Prop Firm traders to identify potential trade opportunities and to make informed trading decisions in the foreign exchange market. List is from another Reddit user. com is a website dedicated to reviewing prop trading firms. Timeframe: H1 0. Do you have any experience with getting oanda v20 data into an MT4/MT5 account? If you have read this and decided to learn how to trade, then watch the playlist I linked below. Or check it out in the app stores ForexHub System 2024 REMASTERED EA V1. Not sure if it's even possible to ban some specific software in the US. This is a public community where you can share about any Funded Prop Firm challenge account related to Forex and Crypto trading and also about your own trading strategy, candles, chart, and patterns. 808) + Presets + Manual Guide Website/Results: + https://www. com challenge and achieving success in the foreign The issue is CFD trading, not prop trading. 5. 2 completely different things. All those U. Prop Firm EA is a expert advisors for Metatrader 4 that perform complex analysis of moving markets in seconds. Traders should look for proprietary firms that offer reliable and user-friendly platforms like MT4 and MT5 backed by reputable brokers, as well as advanced tools and features that can help to improve trading performance. Time Frame Integration: Adapts to M5, M15, M30, H1, and H4 timeframes. com, a trading forum run by professional traders. S. oi gi yf th wh qs lc yy sc rw