nobody tells you this about @ApexTradeFund
that $100K account? it pays out $18K max. ever
you could make $40K on it and you’d still walk away with $18K
6 payouts max per account:
$2,000 → $2,500 → $2,500 → $3,000 → $4,000 → $4,000
after the 6th payout the account’s gone. buy a new evaluation
so the better you trade, the more money you leave on the table
make it make sense
read the rulebook. not tweet 👇
“no consistency rules. uncapped payouts on demand.”
that’s the CEO of @bitfunded advertising his own firm
his own rulebook says:
-max 3 payouts every 30 days
-use 65% of your margin = 50% of your payout gone
-96%+ = 70% gone
-close BTC within 10 days or profits can be removed
-max 5 open trades
and their newest product: pay $50-$400, hit a target in 1 hour, win 2x-5x
that’s not funding. Its a timer
Prop firm deals that changed overnight 👇
@BlueGuardiancom
NOV30 = 30% off
and the bundle deal just got bigger:
2 accounts → 35% off extra
3 accounts → 40% off extra
4 accounts → 45% off extra
@BrightFunded
halloween code is dead. new autumn codes:
RALLY30 → 30% off 1-Step
RALLY25 → 25% off 2-Step Bright
RALLY15 → 15% off 2-Step Classic
yesterday, one day after the midterms:
-gold: +3.3%. back above $4,000
-oil: -8.5%
-the dollar: down against every major currency
-bitcoin: +3%
one election. every chart moved
and today the bank of England is expected to hike at 12:00 UTC
what were you trading?
you passed your prop firm challenge
congrats. you might still not get funded
@FunderPro terms, clause 11.3.a: a funded contract is offered “at the Company’s sole discretion”
clause 11.9: if they decline you after you pass, “the Client shall not be entitled to any refund of the Challenge Fee”
@BrightFunded terms, 6.15: passing gets you “recommended”. it “does not guarantee acceptance”
and “the Provider bears no responsibility for any rejection”
they wrote it twice. 6.15 and 6.18
you’re not buying a funded account. you’re buying a recommendation
did you know this?
read the tweet again. slower this time
there’s not a single number in it. no revenue. no “$2.5 million”. you made that up and then got angry at it
every word in quotes is copy-pasted from Alpha’s own contract. clause 27.1 and 27.2. their website. their lawyers. their words
you came here to lecture me about research without reading the tweet or the contract
“do your research” is a wild thing to say when you didn’t even read what you replied to
Link's below. take your time.
https://t.co/K6fRhw54ZW
Still think nobody gets paid?
prop firms are about to cross $1 billion in tracked payouts this year
$970 million paid to traders since january. up 113% on last year
october alone: $130 million across 98,000 payouts
and that’s only crypto payouts. @FTMO_com isn’t even counted
the industry everyone calls a scam is now paying out a billion a year..
did your prop firm ever tell you about this?
@AlphaCapitalUK has something called the “Focused Trader Group”
trade in a style they don’t like and you get moved there
your leverage drops to 1:30 on FX and 1:9 on gold
max 1% risk per trade. lose 1% on a pair and you’re locked out of it until the next day
the triggers include “all or nothing” trading and “excessive max lot” usage
getting out is “a discretionary review” by their risk team
is that even Legal?
UK prop firm @AlphaCapitalUK has a clause most traders have never read
clause 27.1: you “irrevocably” agree to never “disparage or denigrate” them
on social media or anywhere. anything “that could be construed as negative”
it lasts “for the duration of these Terms and thereafter.” forever
who decides if you broke it? Alpha. “exclusively”. “final and binding”
and clause 27.2: if there’s a legal dispute, you pay ALL their legal costs
“regardless of the outcome of such proceedings”
even if you win, you pay
so a trader posting this tweet could be in breach of his own contract
2024: 80-100 prop firms shut down
2026 so far: one closure tracker counts 4
the prop firm apocalypse everyone predicted didn’t happen
either the industry got healthier
or the bad firms learned to die quietly
which one?
ICT gives you names for what price did
order flow shows you who actually did it
one is a story. the other is data
but if you’re trading forex CFDs at a prop firm, you don’t have the data
so pick the one your market actually supports
so here’s the real question:
is @MyForexFunds the firm that got wronged, or the firm that got lucky?
MFF comes back in 19 days. i read the whole new rulebook
the headline rule:
-drop to 97% of your balance and you get demoted to “intern”
-your open trades get closed. you take a strike
-payouts pause until you’re back above your starting balance
and the strike never clears
the rest:
-1-step: 12% target, 6% max loss
-2-step: 8% + 6%, 10% max loss
-accounts from $5K to $300K
-70% split. 90% only for VIPs with 5+ payouts and 90+ days
still missing: the price
the new owner bought the name, not the old debts. pending payouts from 2023 stay with the old company
and the CFTC lost its case against them. the judge threw it out and said the regulator had misled the court
594,997 people paid for a @GoatFunded challenge
22,279 ever got paid
that’s 3.7%. roughly 1 in 27
and these aren’t leaked numbers. it’s GFT’s own dashboard
they also showed traders lost $1.57B net on simulated accounts
69% of all trades were on gold
still think you’re the 1?