New FX Prop Firm with unbeatable discount prices for the start

I changed my mind.

So all use 8cap as their broker, first similarity, as all prop firms are white label from 8cap. Second PropTradeTech PTY from Australia founded last summer in 2022 has many prop firms as they sell prop firm founding services around and provide full service for any who wants to start a prop firm. There are at least 5 such prop firms from them now. With NextStepFunded as most prominent because of their recent policy changes regarding profit splits and HFT and so on. Other prop firms from PropTradeTech are AqreFX (which is the cheapest offer among all of them, so they are suspected for the need to change their rules and terms and conditions soon within next 2 months) and https://proforexfunding.com/, https://superfunded.com/ , https://www.fncfunding.com/ ALL are PropTradeTech PTY companies with 8cap as broker. That must be said once here. So take care.

My forecast to this new prop firm they will face soon the same problems like NextStepFunded when they introduced HFT. As this can be used to pass any challenge with no efforts in no time if you have the right HFT EA setup. So AqreFx needs to change their rules and limit any profit splits or disable HFT or even worse they play more dirty tricks to not payout. So in the end they can only be a scam artist. That is I will not join with them or any PropTradeTech PTY prop firm. Basically I dismissed recently all prop firms and concentrate on my hedge fund account I trade.
 
Just have seen that she got 2000 challenge fees in 7 weeks, so about ca. $200k to $300k per month for fees. But NSF as very similar competitor has shown that he has/had daily payouts of ca. $15k to $25k per day (not trading day, but calendar days). So there are expenses about over $400k per month to come soon. Thus this firm is already bankrupt before the CEO has noticed it. Only inexperienced ones can make this. She will blow up this firm soon, and no one gets a payout here. As this prop firm just started they had no payouts to make so far. And they do not know these payout facts from NextStepFunded and their story regarding HFT and profit cap and so on. I tried to discuss but nobody from staff knows anything. Do not join this insolvent looking prop firm. Take care.
 
You must log in or register to reply here.
Back
Top