r/PropFirms

I am wondering which prop firm to use. Torn between fundednext and funding pips. Any recommendations? What has been your experience ?

I'm beginner in forex and I trade in Indian market and this will be my first time buying an funded account so can y'all help me and tell whether this 5ers 2.5k highstakes account is good or is there any better option for me.

Onyx futures seem like a very promising firm they allow for 10 accounts and there very inexpensive there coming with tradovate very soon as well i think y'all should go stack accounts and have this firm climb so they can provide more to the trading community it'll be worth yalls time.

Anyone copy trade their Lucid accounts via Rithmic copy trader? It is an add-on that must be purchased through Lucid. Thinking about giving it a try as Quantower's native trade copier glitches periodically and I'm afraid I'm going to end up with opposing positions again at some point. Last time this happened, I lost numerous funded accounts that were primed for withdrawals.

I'm not super tech savvy, but I would think the Rithmic copier would be more reliable as there should be less steps for the child accounts to execute.

Founder disclosure upfront, im running The Leap propfirm. not posting to promote, genuinely want feedback before this scales.

Context. started this around november last year, but honestly the first 5 months the platform barely worked. shipped a real version maybe a week ago and theres still a list of things i know need fixing. not a full time trader either, day job is in medicine and full stack dev. running on metaapi infra, payouts in usdt or IDR, southeast asia focus.

Current setup is 2 step:

phase 1

- 10% profit target

- 5% daily loss limit

- 10% max drawdown

- min 5 trading days

phase 2

- 10% profit target

- 4% daily loss limit

- 8% max drawdown

- min 5 trading days

funded

- 4% daily, 8% max drawdown

- 80/20 split (85/15 on the bigger account)

- weekend holding allowed

- no consistency rule

stuff i actually want feedback on:

is 10% target with 10% DD on phase 1 too generous? i dont want the "designed to make you fail" reputation but if im too soft the unit economics dont work.

phase 2 keeps the same 10% target but tightens daily to 4% and max to 8%. so a trader who passed phase 1 has less room in phase 2. is that fair or backwards?

what rule from a firm youve used has burned you the worst. trying to learn from real complaints before i bake the same mistake in.

want the unfiltered version. were rough, were early, would rather get roasted now than after more people pay.

Im kinda nervous making this post, please be nice to me 😅

Just heard from someone that Futures Prop Firms are more regulated than the CFD Props. Is it really true?

Buffer doesn't protect you from bad habits. It just delays the inevitable while giving the prop firm more chances to reclaim your money.

If you're at $3,000 profit and eligible to withdraw $1,000, trading before withdrawing risks both the paper loss and the withdrawal eligibility. If you lose that trade and breach a rule, you lost everything.

Withdraw first. You can only lose paper gains, not the secured $1,000. Props profit when you don't withdraw. Every day you delay is another day they can reclaim that money through a rule violation.

Withdraw the moment you hit eligibility.

I tried them. Had real high hopes... but a hard DLL on an eval and funded of half of the MLL is such a stupid thing. Reminds me of old TPT. Plus trying to actually purchase anything from their website is a nightmare... Also they close your positions at 12:55 pst