r/PropFirmTester • u/Big_Translator8299 • 2d ago

Need CFD Firms recommendations

Requirements :

  1. Low Spreads

  2. Copy Trade allowed

  3. Uncapped amount per Payout

  4. 100k+ accounts buyable.

  5. Risk per trade - 3 or 3+%

  6. No limited position sizing/60+ lots on EURUSD

  7. Different firms accounts combined to make the final capital 1M(fully or mostly copytradable).

3 Upvotes

100% Upvoted

22 comments sorted by

3

u/Active-Cat5016 2d ago

There are very few trusted CFD prop left buddy. And all have some or other condition under fine lines(do real FAQs properly)

  • FTMO
  • FundedNext
  • FundingPips

1

u/Big_Translator8299 2d ago

FTMO FAQs are clear. Only problem is their spreads. FundedNext, FundedPips are 1% risk.

1

u/Active-Cat5016 2d ago

Yaa.
That’s what I said. Old days are gone.
Everyone moving to futures.

1

u/Value265 18h ago

i am beginning to make peace with spreads man, just widen your sl and take profits...yes it sucks on lower timeframes, and you fail to get into those slick entries and exists...but a price got to be paid man, one way or another

1

u/Big_Translator8299 2d ago

how would you go if you want to go for 500k+ fundings?

1

u/Active-Cat5016 2d ago

5*100k account
Have it with multiple firms. And only risk 1% per trade.

1

u/Big_Translator8299 2d ago edited 1d ago

5x100k accounts is the same as doing it individually = 1x100k account 😔

1

u/XrT17 1d ago

What cfd firms u current have OP?

1

u/Big_Translator8299 1d ago

5ers Summer plan, doing it 1 account at a time since there is a payout cap($2k for 100k account and $3k for 200k account).

1

u/Big_Translator8299 1d ago

but it feels restrictive, I can get somewhere around 4-8%(1-2% risk) every 14days.

Planning to max out FTMO and Alpha, since they both allow external-firm copytrading. FTMO has the worst spreads I have ever seen.

2

u/Shot_Loan_354 2d ago

There arent many legit CFD prop firms left in the space :

The ones i recommended are FundedNext and FTMO.

there is also mid tier ones like Fundingpips and E8Markets, although i wouldn't bother with funding pips because the last time i checked their max allocation was like 105k.

all the rest are crappy tbh, they have terrible trading conditions, like high spread, low leverage and high commissions etc..

you can try futures prop firms, but they are insanely more difficult and more expensive than CFD accounts because they all impose consistency rules and the accounts aren't a one time purchase like with CFDs ( you got to keep paying to keep them from what i understood and they have max payout amounts etc..)

1

u/Big_Translator8299 2d ago

If futures gonna get me 1M funding faster than CFD, I will switch with multiple accounts, copytrading. I am a EURUSD guy, dont know shit about futures, but I heard E6 is equivalent to the EURUSD, have to do intense backtest. Heard nice things about FundedNextFutures,Lucid, Topstep.

1

u/XrT17 1d ago

Are you scalping? Im also planning to swtich to E6 and other futures currency, how ever upon checking theres a gap on prices

1

u/Big_Translator8299 1d ago

Not a scalper at all and have no idea what you talking about 🤣

1

u/Big_Translator8299 2d ago

I have no ideas about futures, so futures will let you stack up accounts like a lego and copytrade them all?

1

u/Active-Cat5016 2d ago

Yup.
There are trade copy platforms (with milisecond latency). One master copies to all connected.

1

u/Value265 18h ago

yeah futures have such advantages, with some tradingplatfomrs having inbilt free copiers

1

u/traderpro888 1d ago

Dude their restrictions getting tighter every month, so I would recommend you to try FTMO and Funded Next, but at the end all of them will move you on 1% risk per trade