I currently have 1 funded 50k eligible for payout, just passed a 150k eval and going to pass another 150k eval soon
dont want to get moved to live before all accounts are eligible for live.
I wonder how many payouts you guys got before being moved to live?
I have made my trading journal free for everyone, you can use it for free and make your edge smooth AF. take it
Use it, Happy Trading.
It's simply as it is. The5ers is a scam. They will do everything in their power to completely ruin your experience with trading and not get a payout. And if you get to a payout, guess what? They will terminate your account claiming "one-sided betting". I didn't only buy or sell and my history will proof this but they are blatantly lying and saying that I did that. I did 20% on a 10k account if it were a legitimate company that played by their own rules I was going to move to a higher amount and eventually If was in profit by the end of the 14 days I would receive a payout. They just hit me with a email saying that they are terminating my account. Don't go with them. Don't trade with The5ers. They are a scam company
How Retail Traders Think
Most retail traders don’t lose because they can’t analyze the market.
They lose because they think like the majority.
They buy after a big move because they fear missing out.
They sell after the market has already dropped because they fear losing more.
They move their Stop Loss when the trade goes against them.
They close winners too early, but hold losers too long.
The market doesn’t need to “hunt” your trade. Your emotions often do the job.
Professional trading is about thinking differently:
Don’t ask: “Where will price go?”
Ask: “What is the probability, and where am I wrong?”
Don’t chase the market.
Wait for your setup.
Don’t trade because you’re bored.
Trade because your strategy gives you a reason.
In trading, the biggest battle isn’t against the market.
It’s against your own psychology.
Trade the plan.
Manage the risk.
Control the emotions.
Let probability do the rest.
Hey everyone, I have a Binance account I haven't touched in about 2 years. I need to use it now to receive a payout from a prop trading firm (~4 figures USD).
A few questions for anyone who's dealt with this:
- Does reactivating a dormant account trigger extra scrutiny or holds, even for a normal-sized deposit?
- Will I need to redo KYC/identity verification before I can withdraw, since it's been inactive so long?
- Does receiving funds from a prop firm payout (as opposed to a P2P transfer or another exchange) raise any flags I should know about?
- Any tips to avoid delays — like logging in and verifying identity a day or two before the deposit actually lands?
Just want to avoid my funds getting stuck in review. Appreciate any first-hand experience.
My FundingPips account was permanently terminated after they told me that the Device ID associated with my account matched the Device ID of another registered user.
I appealed and explained my setup, but FundingPips said the Responsible Trading Team had completed its review and that the decision was final. They won’t disclose the Device ID, fingerprinting method, IPs, timestamps, or other technical information.
My setup was:
FundingPips has described the Device ID publicly as a device/hardware fingerprint, but I don’t know exactly what identifier they use.
I’m trying to understand the technical possibilities rather than accuse anyone.
Questions for people familiar with MT5/FundingPips:
I’m not asking anyone to identify the other account holder, and I’m not posting any account numbers or private information.
I’m mainly trying to understand whether there is a legitimate technical explanation for the Device ID match.
Any experience or technical insight would be appreciated.
Figured I'd start a new proper discussion thread on Tradeify here, since this sub is about the closest thing we've got to an "unbiased Trustpilot" for prop firms.
Idea is simple: if you've traded with Tradeify, leave your honest opinion below. Over time this thread can be the place people land on when they Google a Tradeify review instead of getting hit with the same recycled YouTube promos.
A few things worth covering if you've got time:
No filter needed, passes, fails, payout proof, and complaint. All of it adds up to useful information for fellow prop firm traders. Hopefully this becomes a go-to reference thread for Tradeify reviews.
Slowly getting more consistent with getting payouts every week! Hope to continue doing so with Lucid haha. These are payouts from $50k Lucid Flex accounts. Not really trying to go for max payouts and just taking payouts whenever possible!
want to share my experience with Alpha Futures because I think anyone trading a short-term/scalping strategy with them should be aware of this before purchasing an account.
Alpha denied my payout, removed the profits from my account, and reset the account after accusing me of prohibited trading / tick scalping.
The issue is that I do not believe what I was doing fits the normal definition of tick scalping.
I trade primarily the NY Open, I don't take an excessive number of trades per day, and I trade a maximum of 3 MNQ. My strategy is based on market structure and price action, with targets that can be 30–100+ NQ points. Many of the trades they flagged captured hundreds of ticks.
My trades are sometimes short because when NQ moves aggressively after an entry, my target can be reached quickly. I also protect trades quickly when the setup doesn't develop as expected.
After questioning their decision and asking them to explain exactly what was wrong with my trading, Alpha responded:
>
This is the part I believe traders need to know.
If the actual issue is that having many trades lasting less than 2 minutes is prohibited regardless of how many points/ticks those trades capture, then Alpha should make that extremely clear to traders.
There is another issue that makes this situation even harder for me to understand.
I was running 5 accounts using copy trading. Four of those accounts were able to receive their payouts without this issue. This account was denied.
So I have asked Alpha a very simple question:
How can essentially the same copied trading strategy be acceptable for payouts on the other accounts, but prohibited trading on this one?
I also specifically asked whether Alpha has a rule that my trades cannot last less than 2 minutes, because if that is effectively the rule, traders deserve to know it before spending money on accounts.
This isn't about a couple of 5–10 second trades trying to exploit simulated fills. My profitable trades can capture substantial market moves, and my profitability isn't based on repeatedly collecting a few ticks.
I gave Alpha the opportunity to explain why trades capturing significant moves would supposedly not translate to a real market simply because they lasted less than two minutes.
Their latest response instead explicitly focused on the 2-minute duration.
I'm posting this so other traders can make their own decision.
If you trade NQ/MNQ and your strategy regularly produces trades lasting less than 2 minutes, I strongly recommend getting written clarification from Alpha Futures before trading funded accounts.
I have the CSV/trade history and the emails from Alpha and can provide screenshots.
I'm also genuinely interested in hearing from other Alpha Futures traders:
Has anyone else had a payout denied specifically because a significant percentage of their trades lasted less than 2 minutes, even when those trades captured large moves?
Hey guys I really need your help, anyone who has experience with taxes as a propfirm trader, or knows about tax law related to prop firm trading. I am someone who has tried to become profitable through prop firm trading, but wasn't able to succeed. Throughout my trading career from january to now, I have made $14k in payouts from propfirms, with all of them being from Lucid, except for one payout from Tradeify. I set aside 30% of that 14k into a HYSA as my "tax" money that I will eventually owe in April. Throughout this process, I have blown all my profits and some of my own money, to being a total of $20k being spent on evaluations and resets. I don't want to continue trading and dig myself into an even deeper hole so I decided to quit now. I wanted to see if there was any route where I could save my lost income, through potentially tax write offs. I don't have an LLC, I don't have an Scorp, or any business card. All expenses were made through a personal credit card/debit card. I've asked around from some traders and from chatgpt and the general consensus is I should be able to write off evals, one trader I asked was even writing off their rent and electricity bills. I didn't want to go around telling people my exact numbers, so I wanted to come here and ask here what my situation is looking like. Seeing the numbers I have, (14k in payouts, 4k taxes, 20k in expenses) I am basically 10k in red. Please let me know what is the best course of action and help me understand what is likely to happen.
SIDE NOTE: I am a college student, this year I have done two PAID internships (one in Boston, one in Colorado) meaning I also have W-2 wages.
Will I be able to write off all 4k of that tax money from the 20k I spent on evals (meaning I would owe no tax money)?
Would I be able to get a tax refund since I am considered a business loss, meaning my taxable income from my W-2 income would be reduced and I'd get a refund from that?
During my 2 internships, I stayed in different states, one in Boston, one in Colorado. I was staying in a furnished finder (similar to airbnb), should I report the rent I paid as a "business expense"?
I know it's very early considering we are months from April, but I want to get a general idea of what it looks like and if I should do this myself or get a CPA. I would like to hear from anyone experienced who might have some good knowledge related to my situation.
Thanks!
Little by little, I’m becoming even more consistent. This is my 3rd payout in a month, I’m going to keep doing exactly what I’m doing, without setting any payout goals just focusing on understanding the market better and improving every day. These are 5 × 50K Flex accounts
I've been struggling to find a prop firm that passes my criteria for how I trade.
It needs to have $3k EOD or static buffer. Allows overnight holding. No less than $2k DLL. Preferably less than 5 required trading days for payouts. Preferably no or high payout caps.
Please help me out🙏🏾
Saw the giant sweep after expecting one before reversing so i'm looking for longs, waited for retrace, got the retrace and I was in profit for maybe 2 minutes and it stopped me out for -$160. Then kept ripping down. Unfortunately made a revenge trade that was oversized and hit DLL on 4 accounts and blew 1 account. Luckily I had already taken a $700 payout from it last week which covered all these accounts and more.
Not sure why I keep doing this. Making gradual progress with $200-300 a day then one day destroys it all. Honestly it's probably not seeing results over a long period of time and lots of impatience.
Just putting this out there to keep prop firm traders aware.
Currently Funded Futures Network (FFN) takes 15 business days AFTER requesting a payout to be approved and sent out.
This timeline has trustpilot reviews dating back to March when they got scammed and has been the same to present day.
That means 5 Winning Days + 15 Business days of waiting before funds are removed and payout is sent.
That also means before being considered for Live Funded (Daily payouts) the minimum you need is 100 Business days (5 winning days + 15 business days waiting)x5 to be considered for live.
Support is probably the fastest in the industry but it kind of sucks a reputable firm has come to this and no estimated timeline of when this will change.
Just putting this out there so other traders don’t get blindsided by this if payout speed and the grind for live funded is important to you.
Hey, i live in a country that is sadly banned by most prop firms due to the law of said country, and I wanted to know if there is any way around that to be able to purchase challenges nevertheless and get the paypouts. I appreciate any info that could help, thank you everyone
There are quite a few firms offering crypto trading accounts now, but the differences in rules, payouts, and trading conditions can make the choice difficult.
I've been comparing a few recently, including Mubite. For those who have actually traded with crypto prop firms, which ones would you put at the top of the list and why?
Salut ,lucrez la un proiect axat pe psihologia de trading și prevenirea titt-ului /overtradingului in conturile de prop .Caut 5-8 traderi activi cu care sa vorbesc 15 minute despre cum își gestionează stările de tilt și unde eșuează jurnalele clasice .Nu vând nimic,nu cer bani ,vreau doar sa înțeleg problema reală .Lăsați un comentariu sau dati-mi un DM.
When I started looking at prop firms, my first instinct was to go for the biggest account available. Bigger account, bigger profits... right? Now I'm wondering if that's actually the wrong approach. A larger account usually comes with more pressure, while a smaller one might be easier to manage and build confidence with.
For those who've passed evaluations before, do you recommend starting small and moving up or jumping straight into a larger account?
if you want to get the most out of the firms you should spend your first 2-3 payouts all on more accounts. 15+ funded accounts should be your base goal. i currently have 17 accounts ( 5 lucid, 5 tradeify, 5 future elite and 2 tpt ) and a 500$ day doesnt seem like much on one account. but multiply that by 15 and you have a 8k day. A beginner can easily have 100k months aslong as they have their strategy and psychology down. Lets get to it for Q4
