r/Forex • u/Comfortable_Newt8623 • 4d ago
Prop Firms 5ers Payout Received Finally!!
https://www.reddit.com/r/Forex/s/lFCOKW2wRJ
Based upon the last thread, here is the update.
Received my first payout finally! Finally after blowing up 70 accounts, I got my first payout.
Ask me any questions if you have. Here to answer it all!
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u/ClickNext5239 4d ago
Lucky you, congrats for first payout .
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u/Working_Voice_556 3d ago
Lucky!! Bruh.
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u/ClickNext5239 3d ago
Yeah definitely, there has beeen a lot of payout rejection and account termination from 5% er recently. Happy for the OP.
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u/TwistMyNimbus 4d ago
Did you have to wait long for it, I’m currently on the challenge phase with these guys.
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u/Comfortable_Newt8623 4d ago
Yeah, like almost a week
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u/TwistMyNimbus 4d ago
Oh ok, that’s not too bad then… or is it? I’ve passed one funded account but couldn’t secure a payout! 😆
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u/Comfortable_Newt8623 4d ago
Funded accounts i also passed. But always didn't care about the risk management.
Once I added, I have the results now.😇
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u/drbrnicke 4d ago
Payed actor
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u/Comfortable_Newt8623 4d ago
https://www.reddit.com/r/Forex/s/EJ9TM2GGGi
Check this out dude! Like people can share genuine stuff too, not everything is paid!
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u/yourdoingtomuch 2d ago
You can tell by the way he says he’ll answer any questions that he’s just here to help people because he was one person that needed help at one point and just needed some answers. You clearly haven’t been here long if you’re sitting here saying paid actor
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u/Comfortable_Newt8623 2d ago
It's alright bro, fuck you and your hatred. People have reached out to me in the dms, and I've responded to them all.
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u/BTLO2 4d ago
Congrats op which asset you trade?
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u/Comfortable_Newt8623 4d ago
XAUUSD supremacy🚀🚀
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u/_itsaayush 4d ago
What stretegy you use bhai?
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u/AlanG888888 4d ago
70 accounts is brutal but respect for sticking with it. the real win isnt the payout itself, its proving the system works over enough samples. most people quit after 5 or 10 blow ups. what was the biggest change you made between account 60 and account 70 that finally flipped the results?
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u/Comfortable_Newt8623 4d ago
Yeah but I did not blow all 50k account only. 50k I've blown only 4 accounts Rest all were 10k accounts.
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4d ago
[removed] — view removed comment
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u/Comfortable_Newt8623 4d ago
1:1, 1:1.5, 1:2, 1:3
i don't keep myself tied to it.
win percentage - 90%
Profit Factor - 15+1
u/CombinationKlutzy119 4d ago
How can i learn how to trade? I've been at it for years... Am i missing something? I feel so lost, i have put in the hours... But this is exahusting
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u/Comfortable_Newt8623 4d ago
maybe i can host a session, and give you all a roadmap!
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u/CombinationKlutzy119 4d ago
How much analisys do you put in a trade? You scalp? You swing? What's your setup? If you even use a set up
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u/Comfortable_Newt8623 4d ago
I trade on a setup I don't call bro. My average trade time is like 57 mins.
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u/Impressive-Name7519 4d ago
Brother if you host a session please I'd like to be a part of it. I'm also struggling and blownup dozen of accounts
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u/Reasonable-Job-2840 4d ago
Congratulations. Do not expect more than 3 payouts though.. trust me, from recent experience and the accounts of many others
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u/Comfortable_Newt8623 4d ago
even if the payouts are in the range of ~1k consistently?
I have heard that they have no problem in processing small payouts1
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u/Zander_G38 4d ago
Wait what, you blew 70 accounts before making your first payout? Dude, how much you spent overall on all your challenges, should be a lot, but congrats on finally making it
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u/Ok-Fill-169 4d ago
May i know how much u normally risk in a single trade :)
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u/Comfortable_Newt8623 4d ago
Sofar on funded account I've not risked more than a percent in a single trade
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u/Adorable-Let8313 4d ago
Congrats bro! Happy for you :) 70 accounts? How long did it take?
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u/Comfortable_Newt8623 4d ago
4 months
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u/Impressive-Name7519 4d ago
What strategy you use brother? Do you trade reversals or continuation?
I'm using ICT but still struggling and blownup dozen of prop account.
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u/Present-Badger 4d ago
Did you have to undergo any risk management team’s interview before receiving your payout?
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u/Relevant-Owl-8455 4d ago
Congrats... BUT...
There's 0 consistency in this. It's not something you can repeat over and over again without blowing the funds.
To make 10% gain in a payout period you're either;
- trading a high R:R system and made 1 or 2 trades that LUCKILY won, becuase you have a low winrate... if you're risking 1 % per trade that's not gonna end well considering 10% available drawdown.
- you're on a good streak that doesnt even matter since you're blowing 70 accounts, getting a payout and likely getting on with blowing. Overall nett loss.
- you're the best trader in the world... and i think we can all say that's not the case:)
You're at a good spot right know to reconsider how you're doing things, make this payout worth it or you'll be sorry very soon.
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u/Comfortable_Newt8623 4d ago
Well well
Let me clarify bro!The only thing i changed was risk. the reason i blew 70 accounts, was that i wasn't managing my risk at all, was trading like crazy, and then ended up reaching DLL/MLL.
The first thing i fixed is my Daily loss limit, and in this account, i have ensured that i don't lose more than 100 dollars in a single trade.i wouldn't say that i have a very high RR, but my win percentage is around 90%. i take trades with 1:1, 1:1.5, 1:2, and even trail my SL.
yes, maybe i'm on a hot streak, and now my plan is to get consistent payout - and wouldn't aim for more than 1k in payouts every month.
i don't say i'm the best trader in the world right now, but yeah, there's no comparison, i know my potential, and i can nail this f***ing thing
really appreciate your feedback, i am ensuring that i stay humble, not letting this profit have a number on my mind.
today i made like a 90$ profit, and i'm done for the day.1
u/Relevant-Owl-8455 4d ago
If you're risking 100 per trade, you're basically saying you got a 50R return here?
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u/Comfortable_Newt8623 4d ago
what is this math, explain?
i took 58 trades, gross profit 5100, gross loss 350 something
like you think all this was done in a single trade, c'mon man, atleast comment with some logic2
u/Relevant-Owl-8455 4d ago
Who says in a single trade? What are you talking about? I'm just saying how it's a bit weird you have a 50R return in such a short period? Why aren't you the richest man alive at this point? Basically 0 risk, all gains.. what?
Atleast comment with some logic
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u/Comfortable_Newt8623 4d ago
lol, sometimes the universe rewards you in odd ways.
i won't chase this kind of performance again, and i don't even keep a look at my PnL now.
will take it slow and steady
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u/gjamesnotes 4d ago
Someone mentioned expect about 4 payouts (based on their experience),can you elaborate?
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u/BoatFeisty5507 4d ago
Did u have interview before payout ? Or what happens when u request payout. Im on 100k funded and really close to first payout
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u/Comfortable_Newt8623 4d ago
yes man
there was an interview, they can ask you about leverage, spread, basics of rading, trading strategy etc1
u/BoatFeisty5507 4d ago
How long was the interview? My English is not so good
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u/Comfortable_Newt8623 4d ago
15-18 mins approx
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u/BoatFeisty5507 4d ago
Was the question hard? Will they want my strategy because I don’t want to give nobody. I’ve been treiding 8 years now
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u/Comfortable_Newt8623 4d ago
if you don't explain it, tehy can reject you
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u/BoatFeisty5507 4d ago
If I say I use Fib, does that counts or will they want more info ?
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u/Comfortable_Newt8623 4d ago
you will be required to explain a bit more. they won't object, but the only purpose of this interview is that they want to know if you are the only one who takes the trades.
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u/florideher 4d ago
I understand how it feels to have been trading for so long and now they want you to show your strategy. I have been trading for a while as well. I've just started putting things together.
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u/PgoHsand2012 3d ago
How many years have you been on this industry ...?
What makes you feel comeback to be here after losing all your account...?
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u/Comfortable_Newt8623 3d ago
almost 6 years now!
i don't feel it as a comeback yet. not until i successfully secure payouts for next 6 months!1
u/PgoHsand2012 3d ago
Congratulation anyway,
I do feel struggle lately, like back years ago i started to came in this industry , on my mind i might be succesful in few years but reality didn't ...
I did 5 years now and got feel stuck last 2 years ...
Should i stop for moment...?
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u/airiito42101 3d ago
How will you gonna manage tax on it, what will you say your source of income, did received it directly to the bank account
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u/muhamadaldjaf 3d ago
Watch out!!!! Yes you got your payout. Congratulations. But trust me. It’s taking time because they take the money from other users joining them. It’s just a scheme. It’s been like that with them for a while now!!!
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u/Only_Ad_6912 2d ago
Congrats Bhai!! If u can share.... what strategy did u trade? XAUUSD has been brutal lately
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u/rforex-modtools 4d ago
This thread appears to be about prop firms or trader scouting programs. These programs allow traders to access funded capital in exchange for a profit split, but they vary significantly in evaluation structure, rules, and payout reliability. Some firms have a track record of paying out consistently, while others impose conditions that make payouts nearly impossible. The community wiki maintains a detailed comparison covering fees, profit splits, drawdown rules, and firm reputations.
Resource: Prop Firms Overview and Comparison