Another week of traders proving what’s possible, if you choose the right prop firm. $18,792 paid out only this week. And the good part is, there are no payout windows, no schedule and no cap. It's your profits, and therefore you can withdraw them whenever you want, as many times as you want. Other prop firms don't allow this. ps: congrats @Teambuertrades @PropJoshD

Does every futures firm have a payout cap on funded?

Yesterday I lost my Fundex account whilst revenge trading. It is a bit of a blurr to be honest as I am still struggling with insomnia but the width of the market and my mental weakness was a powderkeg bound to occur. I am completely burned out at the moment and summer has come at the perfect time for me to just sit about and do nothing (if thats even possible). I did make an EA yesterday for MT5 based on a pull back pattern i had recognized on gold as I typically do not trade gold regularly its something new for me. I was going to test Fundedhive to get to the payout level and see the experience but I will take a breath before doing that. I also have some futures firms I might test out. One thing I don't like about futures and will never be an advocate for is the payout caps. If you don't want people taking big profits just lower the available size, or would that hurt another side of the equation? Some of the size available on futures is extremely high, so I can imagine that volumes of people are just going in 1 trade and failing.

I love the World Cup and rooting for the underdog. Respect to all countries but let’s go South Africa!

Payout speed only matters when there are delays. If your payout speed is 1 second, 1 minute 1 hour or 1 day, its irelevent. Its when its 3 days, a week, a month that payout speed matters.

Hate on me or whatever but if your payout delays are over 3 days and are not technical just refund everyone and close. Its getting a bit stupid now. Delaying a payout for weeks then banning the person for whatever reason is a reason to not continue not a reason to continue. Closing a prop can be done in a dignified way or prolonged mess/damage. Refund, close move on. If you are worried about people hating you, they are already that won't change.

Just had a 3 hour conversation randomly speculating about the Younger Dryas. Life truly is good.

Getting blocked by someone who stole tens of millions from people is a badge of honor. The greatest of honors in proplandia.

You might not realize it yet, but prop firms made you more profitable than a brokerage account would. Enforced rules enforce behavior.

I have never had a coinbase account. The KYC kept messing up when I tried to get one so I gave up on it. Coinbase continuously email me with subject lines that basically threaten me that I will lose my account if I don't take action. Its been a year coinbase, move on, your funnel friction lost me as a customer. Considering the sheer size of coinbase, I am surprised that they don't have a completely seemless experience like their competitors, alas, it was not meant to be.

Market was kind to me today and I managed to get another payout from Fundex. This time with less up and down. Will try to get another one tomorrow. I did mention a non review based goal of the account before to get to the top of the leaderboard, for somewhat ironic reasons but I am on my way. Thanks to Fundex for processing things in a timely manner.

I'm not a lawyer, but what CFT did could lead to jail time if reported. I don't care for the marketing type, I can't stand kick streamers and this is basically that. But I spent a bit of time confirming what a few people were saying and although slightly grey area, it appears there are two legal codes broken with this stunt. Article 457 and Article 561. Would I report it ? No, most you will get from me is rolling my eyes.

My Final review of Fundex (Unless they do changes). I have included my payout evidence as proof (its from rise and not a certificate). I went through the processes of Fundex because of my interest in testing the A/B model and every function of it. I believe I have concluded testing most of the features of Fundex that I could say are positive. Negative features we can discuss on a model basis but the model itself is sustainable, regardless of the firm providing it. Anyway, I have received my payout from Fundex. To be honest this review is a bit difficult to write because I have had a mostly positive experience with the company as an entity and I already know how the audience will react but I’m not here to pick and choose facts and people cannot improve if there is no productive discussion. Anyways, here is a breakdown of the PL/Money flows for my account as of the time of payout request. Total PL from trades (excl fees): 11722.61 (~1200 is on b book for recovery), net ~10522.61 Total split of Fundex: 7640.61 (1k of this paid back a-book loss) Total split to me: 2285.19 Total commissions paid: 1686.20 Little bit of swap in there too 126 bucks and change. Split to me in %: 25.6% Net to Fundex: 7640.61-1000(payback) 1686.20= 8326.81 *NUMBERS MIGHT BE SLIGHTLY OFF BUT NOTHING OF SIGNIFICANCE* I understand Fundex have costs from these fees too for liquidity but how much they are and with who is not a factor for the trader, so I have included these fees to them as there is a clear mark up in them. Trading win rate: 44.44% Now - this post is not a call to action, don’t go around raging and getting all nasty because of a reality. The Fundex model itself is to take the split (30%) from profit trades and the trader to be on the hook for the loss trades unless they take a payout every trade and have a 100% win rate. For any low win rate trader, this is bad (as it was for me). There is a mathematical possibility that a trader gets a 0% profit split from their account but are still very profitable. The excess commissions which is a buffer to pay the salary they offer does not make it any better. Infact, I would argue that due to the way the split is taken, the commissions are overkill. I have vocalized this to management and its up to them to consider changes to alleviate this. From my productive conversations I am informed that changes may be made in the future. I obviously would re-review once those changes are made and test any changes. There were some technical issues as well which I guess enhanced my leverage a bit where my leverage was higher on US100 than the abook account. Technical issues happen, I did benefit from the technical issue, however, the leverage on the account as is, in my opinion, is too low anyway if making the most of profitable traders is the end goal. For A/B I guess my mindset is in a different place to the current companies with the model. With the model as it is, the buffer and grow strategy does not work/ is not beneficial to the trader and the model itself becomes very hard to make money of any significance with. Whilst I think a/b has a great future, this isn’t it. Since I do think positively of Fundex, I will say that its probably fortunate that its me writing this review. There are influencers I know and have seen who wouldn’t be as pragmatic on the matter and they wouldn't allow time for change. I do want to say, the payback program is not an issue - it shouldn't be considered one. I know some people have complained about it to me but a/b switch and payback is absolutely not a problem if your goal is long term success. For those who wish to make a quick buck it might be an issue but a 1% swing either side isn’t a big drama. My only significant complaint is the profit split function and I think that is pretty obvious from the numbers. Anyway, for now I will take a bit of a break before testing anything else, its summer here in Europe and I’d rather spend more time outside.

I took a moment and a coffee to think about whether or not I let this go and move on or not. But I don't think this is something to just wave away. When I posted about FundedHive yesterday, it was constructive criticism based on what is publicly available on trustpilot. I know very well that trustpilot is more generous to negative views than positive ones. Everyone in Prop knows this, thats why my critique wasn't "Omg look at their trustpilot". It was "it looks like people dont understand the a/b switch model and its coming from a certain segment of the market that is typically cheaper and its hurting rep". The intention being that if Fundedhive focused on the better traders in the market they would not be exposed to this issue. The other alternative being to explain the process better and hope that that market reads it which we all know, hardly anyone actually reads the full ruleset of a prop. The negative reviews for the most part mean nothing to me, what I look for is what the friction is. I did it for MFF, I did it for AT and I do it for any prop account I purchase. Anyway, its been met with this accusation which I am dumbfounded by. I could have brought up a plethora of things from trustpilot, for example, the trustpilot page is flagged for fake positives. But thats par for the prop course. Screenshot attached, its another meaningless piece of the trustpilot puzzle that has no weight in reviewing a company for purchase. The exception being if its page after page of payout denials. I could have brought up the fact that if you look at the reviews review histories, you will find that theres a mix of the negative reviewers, some have a review history you can see clearly. There is one lady with over 40 reviews that is mixed, to me that person has weight in their review because they like to write reviews on their emotions. This morning I briefly dug into it and I found 3 negative reviews which are potentially from a competitor (no review history other than multiple negative reviews against fundedhive). Again, the negative reviews to me at least, are complete lack of understanding reviews. They bought the cheap account (high value for low initial cost) because of the initial cost and didn't understand the a/b switch. Thus my constructive critcism. No one is accusing the company of not paying, no one is accusing them of theft or anything that is truly 1 star warranting, its entirely lack of customer understanding. My opinion of fundedhive remains the same for the most part despite this ridiculous accusation. The model is sustainable, the trading conditions are good, I don't like the 1% trading days but its managable and I don't like the daily payout cap, but again managable. I haven't tested the payout system which was my next stop but my presumption is it works as intended. The pay from profits model is in the end expensive but once again, managable. I will add whoever controls your brand page needs to take a moment and relieve whatever pressure it is they are deflecting onto others. I understand the type of crap that can happen in prop and having to deal with the daily nonsense, but accusing someone with good intentions of things they have nothing to do with is very sad and a poor representation of your brand. A few folks have mentioned this drama has deterred them from interest in fundedhive, it shouldn't. Its just drama and an everyday occurance in the industry. Finally, if you do intend to buy any a/b switch model account, be sure to understand it and plan before purchase. Purchase and follow your game plan, a/b is a good model for prop longevity but when you get funded you need to make sure you attack it properly. My strategy is derisk, buffer, attack. Now onto coffee #2.

Just spent an hour reading all the reviews on trustpilot of @FundedHive . Almost all of the bad reviews stem from the pay with profits model. My unsolicited recommendation to you fundedhive would be to discontinue that model. Its attracting the wrong audience. 99.99% of them don't understand the a/b switch model and simply bought it because of the marketing pitch and ultimately its causing reputation damage. When I read the pay from profits model, my immediate response was "I don't want that", mostly because in the end its expensive($999 for 100k). The A/B Models need to be very clear and away from the audience that buys instant accounts with 15% consistency rules, this pay from profits is only luring the wrong audience to a service that requires understanding and planning. A/B switch models need users to not think its easy ATM money. The better users will be ones who plan and utilize their profits to generate more profits. Unsolicited advice I know, but I couldn't help myself.

Sorry Prop traders but the e-begging has got to stop. I don't think you realize how toxic it is.

If someone has someones badge next to their name and are talking about how they are going to "get a payout" at that firm in the badge. I trust them as far as I can throw them.

All this time the last few weeks I have been focusing on taking an engine (a/b switch) and making a new program with it. I failed to actually model the two models that are already in the market. Initially whilst small, these models will be more profitable if you b-book everything. There are numerous reasons for this but only when you have collected a group of decent traders does things shift. If you have 50 (thats all it would take) consistent traders, who are buffered up and leveraged up they can completely destroy b book. I return back to my thought of "how can i make people more profitable". In order for a/b models to work better for traders, traders would have to trade better.

It’s payout denial, slipping your stop using spread (16 pips today) , making up false reverse arbitrage accusations and server time out season. Hold onto your hats.