How to Know if a Prop Firm is Legit? | Traders Central + White Labels
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- Опубликовано: 2 июн 2024
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All Prop Firm (not white labels) Discount Codes: docs.google.com/spreadsheets/...
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How to Know if a Prop Firm is Legit? | Traders Central + White Labels
To be clear, I am NOT calling traders central a scam. This is a traders central fund review. Traders central has many white label prop firms, some of those are blue edge financial, fx seed, bttfx funding and many others. There are a ton of prop firms out there that are legit and also don't have rules like the ones I mentioned in this video. I just hate the idea of passing a prop firm and not being able to continue because of something the "expert" risk team decides about my trading style. I plan on making another top list soon for what firms are really on top. Stay tuned for that!
Disclaimer: Please take this as my honest, opinionated review. Everything in this video is my opinion! I personally had a bad experience with these prop firms but your experience may differ dramatically and also may change or step away from the white label contract in the future.
Don't forget to hit the like button if you liked this video so I know what to make future videos on next! :)
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00:00 How to know if a prop firm is legit
00:07 What is a prop firm scam?
00:25 My terrible experience with Traders Central White label
1:20 My trading performance
1:44 Post passing traders central white label conversation
3:58 List of some Traders Central White labels
4:37 How to know if a prop firm is white label from traders central
6:42 Traders Central listed rules missing risk team rule
7:39 Traders Central hidden rules
10:41 What does the risk team look for?
12:39 others that have been not let through by the risk team
13:22 have you been affected by a risk team?
13:45 How easy is it to start a traders central white label
15:13 Is traders central a scam?
15:57 Good prop firm alternatives
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Current Subscribers: 24.3K
Keywords:
#TradersCentral #PropFirm
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What's your opinion on having a risk team? Watch from 7:40 if you'd like to see how it works for Traders Central
Risk team, is like the same "Consistency team" that Funded talent use to tell. And yet their consistency team are not consistent in their own rule. Lol
What a rubbish funding company. They should be denied the ability to operate and are 100% frauds
Clearly a "Risk Team" allows a prop firm a way out and is certainly a leading indicator that a firm is a scam.
@@marcoellaga7759 lol Exactly!
@@Lyf-of-Will Yeah hard to say how much regulation is a good thing. This might be one of the few examples
Thank you for taking the time out and doing your top notch Due-diligence back testing of these prop firms thank you so much! I’m thinking about going to my forex fund because for you.
I commented this on your channel over a year ago whenever they pulled this shenanigan on me . Never again, pure scam firm. Glad you’re bringing this to light
Sorry to hear that happened to you!
Thanks Blake, I absolutely smashed the like button. Great video mate, excellent work!
💪🏼😍
Appreciate you Jay!
Your act of kindness and service shows how big of a heart you have for others to succeed, you are the best George Norman.
Telegram him
Thank you for your time and passion to get so deep and do the research for us.
Got you bro! appreciate you noticing!
Simple concept.
If a prop firm doesnt want you to WIN , it means they are on the other side waiting you to LOSE .
Good point
That's is why I like the founder from MFF, FTMO, and other prop firm that wish their trader to win and be consistent regardless of profit split.
You're the reason why there's so many prop firm. You're now, also the truth and the light in this field. Mahalo & aloha Blake!
Appreciate you bro
Facts literally the first person who talked about ftmo and actually made a withdrawal
Amen.
So many prop firms now, and not sure all will make it. My advice would be to stick to the ones with payout proof and a good track record and always get advice from other traders on their opinions
True. That's also why channels like yours and mine are so important to show which ones are real and fake and hold them accountable.
Please advise, how I can make sure of prove of payouts?
Been following both your content for a while now and they never disappoint. Have helped me significantly on choosing a stable prop firm to go ahead with. Recently came across a firm named blue guardian capital and I can't help to notice the competitive model and price they are offering. Are they worth the risks? excited to hear back your opinions on them. Thanks in advance :)
@@luizmelburn9760 Everything I have seen about them looks OK, but still no long term evidence that they will be stick around and keep paying out. If in 6 months they are still able to offer the same criteria and have not been found out to be changing the rules, then I think they are worth considering.
Great overview of information!!! Looking forward to your next vid!!!
Thanks Blake for the great content. Certainly appreciate all that you do :)
Really appreciate you saying that!
The consistency rule which is the same as the risk thing has been removed a few days ago, they were getting smashed by so many of us traders complaining about it, so they decided to cut it off. If you could also put that as an update that would be helpful for your audience because at the end of the day they entered to disrupt a few of those big boys and they're doing it well so far in my opinion, and before you ask I am not related to them nor being paid by them to comment, in my own opinion no prop firm is here in traders interest, but at the end of the day they help you get quick fast capital to build your own account if you're worthy.
Hey, Have they removed the whole risk assessment thing?
Thanks to you they just got rid of the risk review! Let’s goooo
Hey Blake, think you could promote a plan for the funded trader for traders that are more slow and methodical in their trading? Myself I just trade on the daily risking 1-2% per trade. There isn't really much out there in the prop firm space for traders like me. Other than firms like Lux where the draw down rules are too tight or subscription firms like audacity where the leverage is too low. Should be something out there for traders that take the slow and steady low risk approach but can still get a decent profit split and leverage.
2nd! Been waiting for this content
Happy to hear that!
Hey Blake, does the funded trader program has minimum trading days once they get funded?
Thanks Blake... wish I had seen this 3 months ago. TCF passed stage 1 and 2 and not given account due to bollocks reasons. Asked me to retry with a bucket load of constraints and failed. Never again. Stick with Prop Trading, FTMO and MFF
Thanks for this information, Blake - I wonder how many people will benefit by knowing this - many, I bet.
Yes. I hope so!
Sir, Trading with supply & demand method on 4 H charts, is it better that the area have additional confirmation with MTF fractals. Even if S/D area gets respected OR rejected, market can still whip saw in the area & trader can still lose. Do you recommend sticking with 4H,/Daily chart S/D levels for trend direction OR is that not necessary. Market makers in forex also play their liquidity harvesting to pick pockets around these levels. We need your wisdom.Thank you.
Wow great job Blake, I actually considered Traders Central as an option along with TFT but forget them! I'll stick with TFT!!!
Thanks for all the info, can you do a review on a prop firm called the.5ers
BIG QUESTION Blake is this.Was funding talent getting liquidity from traders central or they just created traders central when they were about to close funding talent .Because they have the same website design and layout and they both from canada
Good point! I can't speak on that as I don't know the answer but good points!
@@TradeConnectVVS brooo pls do a review on fms
@@emmanuelgoodluck9013 lol I did. check my channel video post
@@TradeConnectVVS have you gotten paid out ?
Good job. Keep exposing these guys. Unfortunately most prip firms does not copy traders trades, because if they do they would be glad to have good traders who can make great RR. Sad to see.
yeah true. apricate the nice words!
Hi Blake, wait for your videos each saturday. Could you please make a review of DT4X Trader? Thank you in advance!
Yes. I am planning on it!
I have a monthly account with traders central and I made 5% on the account and so I have requested a payout and so I'll be interested to see if the 'risk team' approve of my trading. Great video should have found it before to be honest
Very informative. Thanks
Passed my challenge with flying colors. TCF denied me. Apparently you aren’t allowed to trade at your own discretion. They copy and paste the message TO EVERY TRADER. They want you to fail. Even with a perfect equity curve, they will deny.
That's terrible! sorry to hear that!
Did they refund you, i was already planning on taking challenge
@@macauleymartins2870 I got refunded but that's not worth it at all. I think I didn't even get the 10% extra
I'd only consider these prop firms to add to an already established portfolio of the confirmed heavyweights.
Once I peruse and see "risk team" no way in hell this would be anywhere near first choice.
I agree.
It is good that you try the other prop firm with review so we can know what to expect.
Happy to help :)
Just got a message from TCF saying they are now getting rid of the risk review 👍🏻
Thanks for this, was just about to join this prop firm
You the best man! Now have my set of legit prop firms I am willing to attempt their challenges.
Love to hear I can help!
The funded trader, MFF, FTMO, forget everyone else…..(still thinking about mentfunding)
True!
Mentfunding is a scam
can you please review Ultra Fund Capital? IS it legit or another white level of TCF?
Thank you bro ... my analysis: 1. Didn't join them because of their subjective rules. 2. They have a huge fund that's why they need agents to sub sell. 3. They want the impossible, smooth equity curve in trading world! 4. They don't seem to be a scam, but rather a large fund that fails as a prop. They just need to hire few traders rather than waste their time or our time
I tried TCF one time payment plan for 50k it would not load up on Android or laptop after a week I asked for a refund they said not available! So I asked if I could exchange for a 25k monthly plan and it was done however when it came time to renew it I could not use the 132 Canadian dollars they owed me for the less expensive plan! So I asked for a 25 percent coupon they said not available!! Then they banned me ! Total waste of time!!!
That's horrible! Sorry to hear that!
Sorry about that man. FXSeed did me dirty. Passed the challenge and they said the same silly thing about my risk and offered a retry. Wasn't going to waste another month to try pass for no reason
Hope you at least got your refund!
@@TradeConnectVVS lool no chance got refused many times
@@shlaafu Sad that fxseed became a scam and the owner is a known CHRISTIAN Drummer. Hopefully he repents for his sins.
@@WisdomWealth77 Facts. Not saying he is for sure one but there's a lot of people that say they are Christian but aren't actually. Obviously not for us to decide.
Yup. I passed with a decent looking equity curve and they said my trading style is not what there looking for. Happened on 2 100k accounts. Both times I passed and the risk team didn't pass me.
That's awful! Sorry to hear that!
But you get refund or not?
Autoproptrader next one. Planning to join next week
This is what i was waiting for, you missed their monthly account they are claiming 1:6 leverage but in reality it's not. Their commission are insane $7 on standard lot.
lol who would want a risk team in the first place
$3.5 return is common for most brokers
1:6 is a complete joke
@@Goch46 most of the broker charge $3 on both side.
Hi blake, can you do a review on DT4X Prop firm?
maybe get to invite them?
What do you think about the new 5ers bootcamp program??
A tip to make your reviews even better: Create an account without identifying yourself as Blake, because in this field everyone knows you and can treat you with privilege for you to give a good review. When creating an account in these other prop firm uses an account of a friend or relative, to impersonate a common user.
I use my company VVS Academy whenever possible. It's also hard to get discounts and other benefits for you all without identifying myself.
What we need at the moment is credibility and not discount , run the first challenges Wirh accounts that are not under your name and let’s see if you would get payouts , then after testing credibility, you can open another account under ur business name
Hi bro, i like your channel ! Could you do a review for DT4x pls ? Some Say it's legit, some not...Looking for a reliable direct funding props and not expansive. Thx
It's definitely more sketchy than the ones I mention at 15:58 in this video. I'd just stick with those ones
they did the same to me, i passed all phases, only to be told, that my risk appetite was not good enough, and did not fund me.
That's terrible! sorry to hear that!
Will try the funded trader
@@SmartMoneyBookmarks That's a good one ;)
SAME HERE
@@johnkennedy8667 Love it!
blake can u please do a review of eagle vision community funding... m doing a challange with them
Hey Bro, they removed the consistency rule. I guess they watched your video
Hi blake, please make a detail video on blufx
Please provide your opinion on DT4X prop firm.... Thanks
Thanks Mate, keep them honest. FTMO is still the best one out there.
FTMO is great but behind TFT, IMO and MFF is up there too
Passed phase 1 in one day and was warned to not do it again in phase 2.
What about their instant funding?
top content, thank you!
Appreciate you!
TCF are one of the prop firms to fund traders with real money. This means you trade a live funded account not a demo. That is why they want a select few who can actually trade and their risk team essentially evaluates who can or cannot trade. In regards to information not being found allot is in their yt channel which is abit weird. There was a link to however, under the rules section but for some reason it’s not there now. I have to say they are abit messy with things like replying and info not being found etc but it seems like they really want a particular style and fund traders with real money. I’m doing their challenge as we speak. Let’s hope I come back with good news. 👍🏻💪🏻
Also, I chose them over MFF because MFF had that weird equity rule.
Update us
@@sabelomkhabela8718 it’s going well lol I’ll see if I can get a withdrawal this month.
@@tonic973 update us pls
@@mirkomarzano8682 Currently funded with a 10K I’m having issues trying to withdraw money lol their Customer support are the worst. But it could also be my fault, the next hi weekly payout is 14th I’ll update then
I've literally just complete a challenge with funding academy and I'm waiting for it to be reviewed... Got no hope after watching this video 😞
Let us know how it goes! Hope they let you through, I know it's not up to Funding academy, it's all TC risk team!
@@TradeConnectVVS so after 10 days of waiting I had to message to find out what was going on and it turns out they have approved my account and said they would send my credentials that same evening... I'm still waiting.... They don't seem to have any urgency in getting me onto the next stage and then funded stage for me to make them money, so Im becoming more and more skeptical of how legit they are.
Have you got proof of payout blake? Or anyone with them?
Just stick to FTMO and MFF, all these other companies should only be considered once you have been maxed out funding with these 2. The rest you have to watch very carefully, as have rules that are not clear or conditions that are not as favourable
TFT is best right now IMO and Ment funding is up there too if you like that style of firm, they are top of their own category
Hi Blake, big fan from kenya
Appreciate you!
My life account is still running , even though I never subscribe again this month
Left because of the risk team response. FTMO is still better, cheaper does not always mean good
What do you think about The Funded Trader?
I commented this on your channel over a year ago whenever they pulled this shenanigan on me . Never again, pure scam firm.
I tried the monthly paid 50k thinking they allow a lot size of atleast 0.8 for XAUUSD since it allowed on the demo. Unfortunately when i got the paid version it only allowed 0.2 maximum lot size for XAUUSD and i could not trade any other pair. How the hell am I supposed to make 5 percent profit which is 2500 usd as profit? Its the same as me giving someone 50 tons of water and giving the person a tiny hole that only allows to drip one drop of water each hour. How can someone use up 5 percent of that water if its limited flow and limited to one month. This is just a scam to rip off peoples money on forex funding from traders central which you referred to as good.
Thanks for this vid and using your power to show them this is nonsense! they changed the rule!
Pls. provide a list all the recomended prop firm (legit)..for our ref. thanks a lot!
check 15:58 in this video. a more complete list coming soon
What do think of apextrader ?
Now, They heard us
They removed cosistency rule.
Can you please review the Trader central fund?
Can you do a review on dt4x trader funding program
Is trading central fund legit i am in phase one of 100k account
Hey can you make a review video for corpequitycapital.
Can you do a review on Ultra Capital Funds please
They aren't good from what I can tell
Hey, How do i contact you privately Blake , I have some stuff to tell you . thanks
The monthly plan bro is a scam ,they will offer max lot sizes on accounts and during volatility markets they will reduce the leverage, they are not transparent
lol that's terrible
ScaM asf
When you are here then I need no worries ☺️☺️😊
Appreciate you Ajay
Traderscentral changed their rules again!
The max drawdown was calculated from the stating balance, now they use equity.
That makes them a very bad joice!
Is available free propfirm?
What about the lux one?
Lux isn't white label, they are legit
do you thinh the prop trading is a great alternative
I mention the best alternatives at 15:57 TPT is good too
You never mentioned the the prop trader
@@odougwufx that's why I said in my comment above "TPT is good too"
The equity curve rule has now removed.
So is traders central itself legit ?
the best option is to get a few trusted ones like ftmo,TFT,mff get your shit together and also trade your private account ..... move on in life
......
Let's define the word scam ==== Funding Talent
40 usd fee for a 5000 usd account if it is not a scam, even if have subjective rules, it is a great open door
pass on that 5000 account and buy ftmo or other challenge
damn just found our video.. gave then my kyc..you know what to do ???
i want say that Prime Bridge just remove the Risk Team Review and all WLs Including TCF accepting traders who just hitting the targets ,
I heard that's only for phase 2? but happy to see my video had an impact on them!
@@TradeConnectVVS Yes, i just see your video today, and understood that your video is the cause of this change
Thank you for your hard work Mr Blake ❤️
What do you think about true forex funds?
not the best. we will see
I'm in the 2nd phase of True Forex Funds. So far no problems in getting credentials or emails answered. Really hoping this company from Hungary is legit. Good luck to both of us!
@@dontaylor8912 Hope it goes well for you!
@@dontaylor8912 Good luck for completing the challenge! Do you have any experience with myforexfunds? Is daily drawdown calculated like with true forex funds? There is no free trial option at MFF.
They removed cosistency rule.
Please could someone help with legit prop firm out there...I need names...thanks
Traded central fund is really awesom
true forex funds prop firm?
Thanks for saving my a** , those idiots from traders Central did a good work in convincing me that there good and even told me that on indices there broker a 0.10 lot size moves $100 per point , like what ..
Should that be 10.0 lots and said there broker is an in-house broker like wha ??
big like video 💎💪🏽😉
Appreciate that!
Today is Monday beginning of a new week yet. No logging's of my challenge on their portal or my email. Admin you lied to me. I knew from the start that this prop firm was a scam.
But you yourself have been interviewing them ooo. And it will look as if it cool . I watch your video with the CEO before??
I found out how deep this rabbit hole is recently. I haven't interviewed any TC white label founders in about 6 months.
Please remove (Corp Equity ) from discount list they are scammers.
do you have proof?
Send to my IG
Hey Keller
Would you please let us know what issue did you face with our firm .
We will surely take care of the issue for you.
Regards
Support Team
APPARENTLY THEY HAVE A VIDEO I JUST WATCHED, STACKING IS NOT ALLOWED
Opening multiple position at one point and allowing to run and thats basically how i trade, after watching this video , i asked their support and they gave me lonk yo the video , thank you for this video i was already about paying already
@@macauleymartins2870 Got you! happy to help :)
I say screw them. It smells like a fish. It's a fish. You might not conclude that they are a scam but I will.
Fair point!
High RR low winrate/ swing trading / hitting profit target in a day, a are unwelcome at TCF, you should make 1-2% per day to qualify! It sucks yeah, but it is what is! they won't change it. But they are legit and they provide real money once funded, and you are free to trade at your own peace once they fund you!
If it was a listed rule it wouldn't be a problem but that's not a listed review at all right now
No one cares if they provide real money. If you waste your time to pass and they tell you you're too good of a trader. Better firms out there.
@@WisdomWealth77 100% facts
@@TradeConnectVVS they removed consistency
No answer, scammers
TCF I'm not using it at all!!!thanks