uazpeitia Posted September 13, 2016 Report Share Posted September 13, 2016 (edited) I would like to open a new thread to enlist the alternatives for the well known TopStepTrader funded account. I’ll try to refresh this first of the thread with your websites, opinions, reviews, tests, etc. First some new thoughts: TopStep Trader: https://tradingschools.org/reviews/top-step-trader-survey-part/ Out of the 163 individuals, 79% or 129 individuals were never able to actually pass the combine and the funded trader preparation. In my opinion, I was a bit shocked that “only” 79% failed. I actually expected it to be much higher. Honestly, I thought that 95% would of failed. Out of the 163 persons that attempted to pass the combine and the funded trader prep, a total of 34 individuals were able to receive a funded trading account. The new rules: in addition to a maximum draw down that averaged $2,000, if a person has a daily loss of $1,000, or a weekly loss of $1,000, then they will automatically lose the funded trading account. If a person failed to make any profits during the first 10 days of having the funded account, then the person loses the funded trading account. Of the 34 individuals that received a funded trading account, the average earnings was a negative $900 per person. What does negative $900 actually mean? This is the average earnings after combine fee’s and data fee’s were removed from any trading profits. The average would of been much more negative, but one individual reported that he earned $20,000 and then withdrew his funds and closed his Top Step Trading account. Remove this one outlier, and the numbers become even more stark. Why did he close his Top Step account if he was achieving such success? Simply, to avoid the high fee’s and deductions. Top Step trader pays 80% of profits and so a person can avoid those fee’s by withdrawing the earnings and then opening a simple retail account. Another reason is the high monthly fee’s of being a CME defined “professional prop trader”. Anyone trading a funded account with Top Step is responsible for paying average exchange fee’s of $85 per month. This can be avoided by opening a simple “non professional” retail trading account. Some alternatives, then: 0.- MES Capital: It’s just completely free so, …¿why don’t give a try? 1.- Simulator applying MES rules. Practice with their rules for free and then try MES. 2.- http://pulsarcap.com/. The earliest competitor to TST . Price: 300 GBP 3.- http://www.truesquawk.com/get-funded. They seem to have teamed with TST to offer a single TST combine try and month, for just 1$. 4.- https://www.blue-point-trading.com/trader_opportunities. 5.- chancerylanetraders.com 6.- PROPTRADERS 7.- Manovermarket – $500 minimum spend, 2 months minimum traded, $5000 profit requirement. 8.- Proptraders.biz, (10+10days, same but 10% cheaper than TST, off to a sketchy start) apparently started the company without enough capital to even fund second trader, assuming the first one was even real, and are changing rules as they go along. Promising funded account to be ready one day, then requiring additional FTP stage a week later. Removing re-do’s etc. 9.- Saviusllc (10+20 days, $2000+$4000) $200 refundable while great company to work with, $200 combine with $2000 1st stage profit target and 20day/$4000!! “FTP”, significantly steeper requirement for same $2000 DD acct and only 70% profit share 10.- www.surcaptrading: 200 $ or the interesting option to copy your trades in their account and if you do right, they’ll give you a %. 11.- www.rapacapintro.com -> Now https://fundseeder.com/home. You link your live account with them and they’ll track your progression.??? 12.- http://www.getfundedfx.com/frontface/right.html. FOREX. Put 1000 $ in their account and star trading. They seem to have a layered progression where they give you fund depending in the stats. 13.- www.trader2B.com 14.- www.nonkotrading.com . Shady. 15.- http://www.oiltradinggroup.com/2015/11/26/get-funded/. Teamed with TST. 16.- www.finderby.net. Stocks, ETFs. In Russian. 17.- http://mavericktrading.com/firm-capital-access/. Stocks. Options. A guy with pervert smile welcomes you. The costs of the qualification program are based on your trading level and experience and will be based upon your desire for individual mentoring from one of our experienced traders/trainers. 18.- www.dukascopy.com. Forex. 19.- http://www.globaltradingplus.com/en. Teamed with Takion. 20.- http://bontrade.org/training/funded-trader/. I think you’ll need to buy the course. 21.- www.takion.com. 2012 webpage? Mehh 22.- http://smbtraderbolsa.com/trader-reto 23.- https://www.darwinex.com/es/home/trader/executionconditions 24.- http://fundedtrader.com/. WTF. 25.- http://crowdfundedtrader.com/index.html. Abandoned? Those are the ones I know about. Anymore? Any thoughts? Edited September 13, 2016 by uazpeitia ruten, mastertrader7, ⭐ adnen_messaoudi and 23 others 26 Quote Link to comment Share on other sites More sharing options...
shrike Posted September 13, 2016 Report Share Posted September 13, 2016 MES ,but you have to be profitable.... Quote Link to comment Share on other sites More sharing options...
⭐ watson Posted September 14, 2016 Report Share Posted September 14, 2016 Where can I find the Simulator applying MES rules? For MES, during the evaluation, you must use Rithmic R | Trader. Is there a way to send trades from NT to Rithmic? As I'm using TST combine, they also open up a Rithmic Trader when I'm trading with NT. Quote Link to comment Share on other sites More sharing options...
LIIonsar Posted September 14, 2016 Report Share Posted September 14, 2016 excelent post info: i willtry some funded with the method Quote Link to comment Share on other sites More sharing options...
uazpeitia Posted September 14, 2016 Author Report Share Posted September 14, 2016 Sorry, watson The simultator in the ninjatrader sim account. maybe I should clarify that later. if you are profitable, test yourself in the ninjatrader sim account by auto applying the mes limits. if you fail try again, like that you could pass the mes capital funding without that much stress. ⭐ adnen_messaoudi 1 Quote Link to comment Share on other sites More sharing options...
⭐ adnen_messaoudi Posted September 14, 2016 Report Share Posted September 14, 2016 hi, Honestly, I think topsetptrader and MES are the only firm that aloud you to get founted in future. Beside that you have to be very efficient in demo Quote Link to comment Share on other sites More sharing options...
shrike Posted September 14, 2016 Report Share Posted September 14, 2016 let me just remember you , before to apply for MES you must be profitable without huge drawdowns , you must have these 2 requirements to not fail. i'd avoid topsetptrader Quote Link to comment Share on other sites More sharing options...
LIIonsar Posted September 14, 2016 Report Share Posted September 14, 2016 somebody have the MES rules? and Prices to pass the Convination? Quote Link to comment Share on other sites More sharing options...
uazpeitia Posted September 15, 2016 Author Report Share Posted September 15, 2016 Step 1 - Submit Your Application Fill out an inquiry form and answer the questionnaire. Other companies charge $400 per month for this. With us it's FREE! Step 2 - Start Your Free Evaluation Trial for 4 weeks (20 days). Maximum 2 contracts in 2 markets at one given time. Starting $15,000. - Make sure your account doesn't fall below $13,500 - Maximum daily loss -$1,000. (CHANGE THE SIM ACCOUNT [OPTIONS...SIMULATOR] TO 15.000 and apply the same rules to practice.) Step 3 - Get Funded Get funded between $15,000 to $50,000, with a profit split of 50%. If you have the talent we can increase your funding up to $1,000,000. https://mescapitalgroup.com/ k33, Ganymed, iksak and 1 other 4 Quote Link to comment Share on other sites More sharing options...
AboutTheWeather Posted March 5, 2017 Report Share Posted March 5, 2017 You got also Striker for either discretionary or algo trading. They work the old fashioned way but have a huge commercial network with brokers as white label to distribute strategies. You keep 90% to 100% subscription fees paid by the clients. They manage the account (you need to handle away your code and sign a NDA) Quote Link to comment Share on other sites More sharing options...
AboutTheWeather Posted March 5, 2017 Report Share Posted March 5, 2017 Also iSystems that you often find at the same futures brokers than Striker. It accepts only systems though Quote Link to comment Share on other sites More sharing options...
misalto Posted March 30, 2017 Report Share Posted March 30, 2017 http://help.oneuptrader.com/knowledge_base/topics/what-trading-platforms-can-i-use iksak 1 Quote Link to comment Share on other sites More sharing options...
imfm Posted March 31, 2017 Report Share Posted March 31, 2017 im thinking that companies are all scams the reason? youcan get all papaerwork done all obejetive done and get profiable demostrations in your account and never get FUNDED! Finally the reason to get a funded account its a rally and comply radom dessision Quote Link to comment Share on other sites More sharing options...
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