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Business / Re: Forex Trade Alerts: Season 21 by PropProf: 8:25pm On Nov 17, 2021
Feshizzy:


You sure say you no dey on something?
Something wein everybody read eye to eye

Ah oga be calming down small small ✌�Why are you abusing me? That’s a sign of an emotional response. A professional forex trader should never be emotional or you would soon part with your funds quickly.

I did not compare ft9ja with ftmo, yet. But since we are having this conversation, let me compare both.

FTMO is very good prop firm. They pioneered and championed this niche. Hats � off to them ��

Now to the comparison: there are 2 main differences.

(1) FT9ja is more flexible with their ‘evaluations’. For FT9ja, it doesn’t matter what profit you make at the end of the month. 1%, fine. 50%, fine. You are allowed to take your time. Slow laners, fast laners, and everything in between is allowed.

(2) FT9ja pays you during the ‘evaluations’. They pay a Talent Bonus. This is important in Nigeria. This might not be important in Europe where people can easily get credit cards or get access to other means of livelihood while going through 3 months of evaluations.

I hope this helps for those looking for comparisons. Again, I’ll like to stress that it’s better you go through their sites and make you own decisions based on your circumstances. What’s good for me, might not be good for you.

Peace ✌�

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Business / Re: Forex Trade Alerts: Season 21 by PropProf: 7:19pm On Nov 17, 2021
Donsheddy:


Ftmo and ft9ja are two different model....
Only mff has ft9ja kind of model...
And mff is cheaper and better....

Did you even read my post? No where in the post did I compare FT9ja with FTMO. I only compared FT9ja and MFF Rapid—and clearly showed that FT9ja is better and straight forward.

Now show me, using logic and maths, how MFF Rapid is cheaper and better than FT9ja.

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Business / Re: Forex Trade Alerts: Season 21 by PropProf: 1:35pm On Nov 17, 2021
Feshizzy:
These FT9ja has similar modelling with MFF Rapid Account.
Only that MFF is actually better in the modelling.
For the same amount FT9ja would be 5k, MFF would be 10k.
On MFF, You are given a demo account with a profit split of 15%
And when you make 10% on the demo after at least 3 months you get a live account profit split is 80%
Then you can trade both demo and live and have a combined split of 95%


This is not correct and it's misleading.

First, MFF gives you a bonus of 12% on the demo and not 15%

Secondly and most importantly, MFF transfers only 3.5% of the profit made on the demo to the live account. So for the $10,000 Account Size, you need to make $285,714 profit on the demo to be trading $10,000 on the live account! That's a 2,857% profit! That's ridiculous and almost impossible. Go over to their website https://myforexfunds.com/rapid-acc/ and read Rule #5 rules yourself

For FT9ja on the $5,000 Account Size, you only need to make 50% to be trading $5,000 in the live account.

Thirdly, the minimum time to start trading the live account is 3 months with MFF. After the 3 months, you are given 50% profit split the 1st month (after the 3 months minimum). Then 65% during the second month and finally 80% during your third month. Read Rule #7 rules yourself

Now compared with FT9ja, the minimum days to start trading the live account is 1 month (or even 10 days if you start mid-month) and they start paying you the 80% Profit-Split right away.

For me, I have compared most of the prop firms out there and FT9ja is still the best, followed by FTMO. I like and trust simple and straight forward models.

I'll advise you to do your homework: go to the prop firms websites and read for yourself carefully. There's a lot of misleading information here on nairaland.

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