EVERYTHING about PROP FIRMS (3 years experience)

Поделиться
HTML-код
  • Опубликовано: 27 апр 2024
  • Reviewing 12 prop firms after 3 years of prop firm experience.
    🥷 True Forex Funds: bit.ly/TrueForexFundsRK
    🥷 MyFundedFX: bit.ly/MyFundedFXrk
    🤖 Drawdown EA - www.kimmeltrading.com/trading... (10% OFF with code RUclips10)
    📓 Notion Templates: bit.ly/NotionKimmel (50% OFF with code NOTIONYT)
    Prop firms mentioned-
    prop firm: bit.ly/MyForexFundsRDK (5% OFF with my coupon code: Kimmelfx)
    The Funded Trader: bit.ly/TheFundedTraderRK (10% OFF with code: KIMMEL)
    FTMO: ftmo.com/en/
    True Forex Funds: bit.ly/TrueForexFundsRK
    E8: e8funding.com/
    5ers: the5ers.com/
    Ment Funding: www.mentfunding.com/
    My Funded FX: bit.ly/MyFundedFXrk
    Lark Funding: larkfunding.com
    Funded Trading Plus: www.fundedtradingplus.com/
    Funded Next: fundednext.com/
    Smart Prop Trader: www.smartproptrader.com/
    Google Drive: bit.ly/PropFirmSheets
    I've had 3 years of experience looking into prop firms and understanding prop firms' business models. I have talked with prop firm CEOs, I have tried making deals with prop firms. I have tried prop firm challenges, I have passed prop firm challenges, and I have failed prop firm challenges. This video will include everything that is important to pick the prop firm that is right for you.
    Broker that I use:
    📊 Blueberry Markets - bit.ly/3IFpE6q (Optional 20% Bonus) (Excludes US and AUS residents)
    ⚠️ How the deposit bonus works: • Don't be FOOLED by the...
    📈 Trading Platform - bit.ly/KimmelTV (30$ off with this link)
    SOCIAL:
    📸 Instagram - / kimmeltrading
    🐤 Twitter - / kimmeltrading
    ⏳ TIMESTAMPS:
    00:00 Intro
    01:06 What Prop Firms I will review
    02:20 Year they got released and why it is important
    03:28 Profit Target/Drawdown Ratio and no time limit funding companies
    04:51 Prop Firm Trifecta
    05:25 Instant Funding Prop Firm Challenges
    06:45 Best Prop Firm Profit Target/Drawdown Ratio
    07:58 Drawdown Rules (Equity Based Drawdown is the new standard)
    09:58 Relative Drawdown Rule
    11:01 News Trading on Prop Firms
    12:50 Commissions and Spreads, the real cost of trading
    16:26 LEVERAGE! How much do you value your time?
    21:26 The best prop firms (Reputation)
    27:19 What I based reputation on?
    28:36 What is the easiest prop firm challenge?
    DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational and entertainment purposes ONLY. I'm simply documenting my trading journey so that you have the potential to take ideas and inspiration from the videos that may help you within your own journey. But remember, trading/investing of any kind involves risk. Your trading/investments are solely your responsibility.
    The links above help me to keep creating content, they are affiliate links. Thank you!
    #ForexTrading #ForexJourney #ForexTrader
  • РазвлеченияРазвлечения

Комментарии • 559

  • @zii_caasi
    @zii_caasi Год назад +51

    Lol, imagine an ICT student hearing you say 33mins is a long one.

  • @TradeConnectVVS
    @TradeConnectVVS Год назад +67

    Appreciate you going the extra mile with this in-depth prop firm guide!!

  • @nanakwame7532
    @nanakwame7532 Год назад +11

    Excellent delivery. I've finally understood leverage. Keep it up man

  • @TrainAndTrade_
    @TrainAndTrade_ Год назад +32

    Very well done jimmy! the quality of the video and the depth you went in on the research is phenomenal, keep up the great work!!!

  • @alextrades4X
    @alextrades4X Год назад +1

    What great and informative video, truly impressed! you covered everything and I loved that speech at the end👌

  • @forexpraisto
    @forexpraisto Год назад +1

    Crystal clear and nothing more than the true nature of the business.
    Good video.

  • @andreamazzotta7108
    @andreamazzotta7108 Год назад +2

    First time I watch one of your videos, and I’m impressed with the clarity of your explanation. Valuable information for all of us 👍🏼

  • @NathanDrori
    @NathanDrori Год назад +5

    Great Rant at the end!! Such wise words bro!!

  • @teachmehowtodoge1737
    @teachmehowtodoge1737 Год назад

    Great content. Keep it up!

  • @tradeyourlifestyle2604
    @tradeyourlifestyle2604 Год назад +7

    Great delivery….probably the best prop firm review analysis video out there right now

  • @chan400
    @chan400 Год назад +1

    Wow! This is indeed very insightful.
    And I love your realistic views.

  • @imreszilagyi38
    @imreszilagyi38 Год назад +4

    Hi Rafa!
    Thank you for the video, it's really useful.
    One thing I'm not agree with is what you mentioned about the time limit (@28:40). I think the fact you have to risk 2% or 2%+ to be able to pass a challenge (and by that bend your strategy) in a time limit is closer to a gambling. Also everyone can hit a 10% trade (and for the rest of the 9 day put 0.01 lot) but it doesn't mean they are constantly profitable. There are other swing strategies which gives you high strike rate, but 5% ish profit monthly .

  • @dtrades
    @dtrades Год назад +1

    Love your work Rafael. Thank you

  • @akinladesamson1824
    @akinladesamson1824 Год назад +3

    Thank you bro for this 👍

  • @kimberlykaine8963
    @kimberlykaine8963 Год назад

    Thank you so much for this content!

  • @hikmatyarhaula7477
    @hikmatyarhaula7477 Год назад

    Thank you mate i really needed that info, now ill consider trying out for once and see. Appreciate your time making this for us newcomers 🙏🏻💐🤙🏻

  • @abdulrahmanetti6934
    @abdulrahmanetti6934 Год назад +34

    I've watched numerous breakdowns concerning Prop firms and none has been this detailed and candid. Thanks, mate!

  • @victoroshomah5876
    @victoroshomah5876 Год назад +1

    Thank you brother for this ❤️

  • @TheLordismyshepherd...
    @TheLordismyshepherd... Год назад +1

    This was Educational.
    Thank you!

  • @wakas-forex
    @wakas-forex Год назад +1

    nice work man ... keep it up !

  • @bhagatsingh2046
    @bhagatsingh2046 Год назад +1

    Bruh you are really transparent about all these stuffs .Keep up the good work man

  • @rafik6750
    @rafik6750 Год назад +3

    Great video Rafael !!

  • @marcioteixeira4319
    @marcioteixeira4319 Год назад +1

    Another great video, you have covered everything I needed to know, thanks

  • @MarcusNeufeldt
    @MarcusNeufeldt Год назад +3

    Excellent video, earned my sub. keep it up

  • @Liquidity_Rider
    @Liquidity_Rider Год назад +5

    True dedication man showed in this video you're a G man 🚀💪🏻💙

  • @OkoYT
    @OkoYT Год назад +8

    Great video and really helpful to have all the data in one place (especially love the ss).
    One topic, maybe for a followup vid would be scaling plans, and perhaps the cost to reward aspect. For example, 5ers 100k bootcamp challenge only costs €95 (it is 3 phases however) but can be scaled up to 4million.
    Thanks again for the vid

    • @KimmelTrading
      @KimmelTrading  Год назад +2

      Good idea!! I will implement that in a future follow up!

    • @hyperarm
      @hyperarm Год назад

      @@KimmelTrading also about hidden rules on most top prop firms.

    • @Peter_Potato
      @Peter_Potato Год назад +1

      5ers 100k bootcamp challenge is actually a 300 Euro program. Only the first 95 is payable upfront. The remainder is payable if you pass the three challenge stages. It's a great way to test your abilities without having to commit too much cash upfront.

    • @OkoYT
      @OkoYT Год назад

      @@Peter_Potato absolutely right!

  • @batzmaru82
    @batzmaru82 Год назад

    love the last part. A definite sub from me

  • @jayselva6117
    @jayselva6117 Год назад

    one of the best detailed information from this videos. As i tried and doing some live and challenges acct it made to realized lot of potential areas to improve.. nice comparison

  • @AlfonsoGCE94
    @AlfonsoGCE94 11 месяцев назад

    Great content as usual! Thanks for the video 😉👌🏼

  • @TradeWithTboss
    @TradeWithTboss Год назад +1

    Thank you so much. Kimmel.. I gain so much insight and clarity from your videos.

  • @vienna2537
    @vienna2537 Год назад +2

    Informative💯

  • @nassourali-rz5bb
    @nassourali-rz5bb 10 месяцев назад

    thanks bro every pros and cons of this industry have been discussed 🙏

  • @chris26022
    @chris26022 Год назад +1

    Great vid!!!💯

  • @supremo2726
    @supremo2726 Год назад +2

    Respect Man!

  • @ronaldmichael_spurs
    @ronaldmichael_spurs 10 месяцев назад

    Thanks a lot man, I really appreciate it.

  • @donalmadden7019
    @donalmadden7019 9 месяцев назад

    Great advice.

  • @davdags
    @davdags Год назад +1

    Very informative, thanks for the video

  • @chartingwithliv
    @chartingwithliv Год назад +1

    Ill be using this video to share with people when i get asked a ton of questions. Thank you

  • @davideggleton5566
    @davideggleton5566 Год назад +2

    I appreciate you sharing your opinions and the thoughts behind them. I may disagree (to some extent) with several of your points and conclusions -- but that's all good, as we simply have different objectives and perspectives. This video was good quality content and well worth my while to watch. Thanks 👍

  • @travenlee
    @travenlee Год назад +1

    Great vid bro

  • @MrTurkgod
    @MrTurkgod 11 месяцев назад

    Man thank you!! my last 2 days of prop firm research wasn't close to the information in this video. Legendary brother appreciate it. Subcribed!

  • @mwebesamarvin
    @mwebesamarvin 8 месяцев назад

    Thanks for sharing

  • @Lev0702
    @Lev0702 9 месяцев назад

    Great info man. Could you do a review on Smart Funded Trader please?

  • @svtrdng
    @svtrdng Год назад

    Thanks a lot for your video. I got a real experienced analysis from you. I really appreciate this

  • @mahadadeel2098
    @mahadadeel2098 Год назад +2

    Great video, thanks bro

  • @TraderZedd
    @TraderZedd Год назад +2

    Well done explaining it all Kimmel. We Thank you!

  • @jean-francoistherrien9641
    @jean-francoistherrien9641 Год назад +2

    Good job man

  • @dommarcuscoyne
    @dommarcuscoyne Год назад +1

    great video man!

  • @satekuuthitentertainment9996
    @satekuuthitentertainment9996 Год назад +2

    Nice Perfect and Thanks u so mch for detail explanations ur the best youtuber that actually explain about prop firms

  • @oler487
    @oler487 Год назад +2

    This was a really good video. Thanks.

  • @nishanbhujel
    @nishanbhujel Год назад +2

    Great one

  • @vivinagai
    @vivinagai 9 месяцев назад

    Honestly, best real video about prop firm! Thank you!

  • @karansehgal936
    @karansehgal936 Год назад

    thanks so much! please also review nations trading fx prop firm

  • @choonlengtan3693
    @choonlengtan3693 Год назад +1

    Fantastic! Thank u so much

  • @bdemagall
    @bdemagall Год назад +3

    Great video.... A must watch for anyone considering prop.. I have yet to jump into the prop arena. It sorta reminds me of the binary options scam a few years back.. Not saying that's what it is, just my opinion. I appreciate you and the fact that you took the time to make this video.. Great stuff brother, keep it up..

    • @KimmelTrading
      @KimmelTrading  Год назад +3

      Thank you Brian!! I don't think you need to worry like the binary options scam. It's a reliable business model that I believe is here to stay. If you have any more questions, let me know

  • @fouadenglish2010
    @fouadenglish2010 Год назад

    An honest review. Thanks a lot

  • @niconico4763
    @niconico4763 Год назад

    Been funded with funding talent and now mff and I agree with you 💯 percent great video ! This will help a lot of ppl keep up the great work man

  • @solado22
    @solado22 Год назад +2

    Man, can you do a video on prop firms that offer stock trading?

  • @avishalkhusial8762
    @avishalkhusial8762 Год назад +1

    The best vid on the internet when comparing prop firms! Thanks for this bud

  • @G_oxt
    @G_oxt Год назад

    Very insightful video! 👌👍🏾

  • @saiprasad8691
    @saiprasad8691 11 месяцев назад

    Thank you so much

  • @shahrintumirin4161
    @shahrintumirin4161 8 месяцев назад

    wonderful and solid brief, thanks bro, im considering MFF and TFT. cheers mate🎉

  • @Cyoungin504
    @Cyoungin504 Год назад +1

    Another great video

  • @linuselisha6977
    @linuselisha6977 Год назад +2

    You have reset my mind about prop firms

  • @jasondalley885
    @jasondalley885 Год назад +1

    awesome vid!

  • @shakeel2473
    @shakeel2473 Год назад +8

    Brilliant video Kimmel! Quite a few 'home truths' that traders need to hear 🙂

  • @al-mamounbinahmad5033
    @al-mamounbinahmad5033 8 месяцев назад

    Thank you for this pure sincere precious knowledge keep it up..

  • @DerickAbedian
    @DerickAbedian Год назад +1

    Great video. Very informative. Can you please share the spreadsheet with us? Happy to use your affiliate links when I pull the trigger on a prop firm.

    • @KimmelTrading
      @KimmelTrading  Год назад

      Yes, tomorrow morning i will put it in the description 💪🏿

  • @arniearnie3951
    @arniearnie3951 Год назад +5

    Excellent bro but I hope you will come again with this video after 3 months. Ratings may change, who knows. Ur info is valuable to us. Thanks

  • @gnerd07
    @gnerd07 Год назад +3

    I like what My Funded FX and Big Pip funding are doing by having no time limit on the conventional two phase.
    As to whether it's a sustainable business model remains to be seen but I certainly hope it will be. Life happens sometimes. It gives peace of mind.
    Outside 1m accounts one phase challenges can do one. They essentially force you to build a buffer before you can really withdraw aka 2 phase with more restrictions.

  • @OuterCircleTrading
    @OuterCircleTrading Год назад +2

    I love your watch man

  • @shbmsrto
    @shbmsrto Год назад +2

    Loved this yo! I'm getting funded with MFF this year, already documenting my ICT trading journey on my RUclips channel 👍🏿 keep it up man 🎈

  • @newdemo5547
    @newdemo5547 Год назад +6

    i really would be more appreciative if u had an additional section on the comparison talking about if the funded company is more suitable for scalpers / day traders / swing traders , + since i am a scalper and i was planing to go for my forex fund challenge and the slippage is a real issue i will be looking for an alternative after i saw your video

    • @KimmelTrading
      @KimmelTrading  Год назад +3

      FTMO or TFT are the best for scalping. The REAL BEST for scalping actually is True Forex Funds, but I am more hesitant to recommend :)

    • @AnkitDasCo
      @AnkitDasCo Год назад +1

      @@KimmelTrading TFT is the worst for scalping..please don't peddle TFT around. Worst live environment!

    • @newdemo5547
      @newdemo5547 Год назад

      @@AnkitDasCo can u please tell me more about your opinion ? and is it from your own experience ? and what alternative would you suggest ?

    • @AnkitDasCo
      @AnkitDasCo Год назад +2

      @@newdemo5547 from experience TFT total cost for scalping is higher than any other prop firm. TFF has 7 usd commission but zero spreads. Whereas TFT has 5 commission 4-5 spread + slippage

  • @luisvergara7926
    @luisvergara7926 Год назад +1

    really great video, thank you very much

  • @Monsieurfivio
    @Monsieurfivio 11 месяцев назад +1

    You honestly gave this video a full review no holds barred😂❤love the content bro. It was really insightful.

  • @sheana2005
    @sheana2005 Год назад

    Hi Jimmy, thanks for the wonderful video. Do you know anything about the prop firm howtotrade ?

  • @jamberimangarama2329
    @jamberimangarama2329 Год назад +2

    Kimmel, you are the best

  • @datadatabase101
    @datadatabase101 Год назад +1

    Great job.

  • @survive1127
    @survive1127 Год назад +1

    Man, I love this Video. You;'re AMAZING!!!!!!!!!!!!

  • @jeffburnett6425
    @jeffburnett6425 10 месяцев назад +1

    This is got to be one of the best videos on Prop firms hands down!

    • @KimmelTrading
      @KimmelTrading  10 месяцев назад +1

      Thank you!! That was the goal!!

  • @demitrijordan3557
    @demitrijordan3557 6 месяцев назад

    Yooo I understand it now..this video sent chills thru my body

  • @daljitsingh-ob7fb
    @daljitsingh-ob7fb Год назад

    which one should i go bro yo confused me a alot

  • @tglstrategies5023
    @tglstrategies5023 11 месяцев назад

    Amen brother

  • @nonnykenneth7811
    @nonnykenneth7811 11 месяцев назад

    Which are you recommending pls?

  • @Miguel-wq5hm
    @Miguel-wq5hm Год назад +7

    Great video and very detailed! However I do have to disagree with what you mention about the 5ers (I am not funded with then tho). Slow is fast and fast is slow, there is nothing wrong with taking 6 months to get funded. In fact one of the biggest factors for traders to not be profitable is because they want it very quick and blow account after account. The chances of passing the challenges without time restrictions are much higher. If you are serious about trading and want to trade the rest of your life what is 6 months ? 1 year ? What if that is what you actually need to not blow and sustainable grow your account ? I personally think that nobody should be given a 6 figured account before trading and growing small 4 or 5 figure accounts. It is where the biggest growth and mistakes happens!
    Keep smashing it !!

    • @KimmelTrading
      @KimmelTrading  Год назад +4

      Thank you for your opinion Miguel! I respect it and I agree with some of what you are saying. The only reason we don't agree is that I personally don't mind blowing account after account (during challenges (which btw, doesn't happen hahaha)), because once I get the funding, I will switch the approach to something sustainable. In my mind, funded is what I take slow and steady, challenges I want it to be fast. I am at a point where I would not want to be 6 months trying to get funded, I would rather fail once in a while, but get there quicker. But once again, from your perspective, this is not sustainable, and I can agree looking at it from the outside.
      I appreciate your comment and your perspective! All the best!

  • @Kakaacmilano22
    @Kakaacmilano22 Год назад

    Hi Kimmel, Thank you for your detailed information about these prop firm, may I know if you would make a video about Fidelcrest, I would like to know more about it before joining their challenge.

  • @suranjanjs4239
    @suranjanjs4239 10 месяцев назад

    Nice video Raju

  • @mareantunovic2428
    @mareantunovic2428 Год назад +2

    Great Video. When i Saw """MFF/Slippage will drive you Crazy""" I was Like ""Amen Brother,Amen it does""
    For me personally it's when the market closes and transitions into the Asian Sesion in case of MFF (and mostly NZD/AUD/JPY Pairs).

    • @KimmelTrading
      @KimmelTrading  Год назад +1

      That’s normal on those pairs, because spreads go crazy. It’s just a every time I get tagged out of a trade

  • @bisaan7580
    @bisaan7580 Год назад +2

    The best video on prop firms ever

  • @IfexcoPlus
    @IfexcoPlus Год назад +1

    Thank You

  • @stephaneoconnell
    @stephaneoconnell Год назад +1

    Great video so much information is amazing! One question I have is when you are funded and trading the account for payouts, the 10% DD rule besides losing the account who takes care of the 10% loss? The prop firm? Thank you for the great work you bring to the community. Cheers.

    • @KimmelTrading
      @KimmelTrading  Год назад +1

      Thank you! Yes, the prop firm takes the loss

  • @DavyMulinda
    @DavyMulinda Год назад +1

    This is the best review video on prop firms that i have watched.

  • @VamosCR7
    @VamosCR7 11 месяцев назад +1

    Worderful video, really really helpful informations. Thanks a lot Kimmel! ❤ Have a nice day :)

  • @normyyyyyy
    @normyyyyyy Год назад

    Shld also include trading into weekend..

  • @miklv.1219
    @miklv.1219 Год назад +1

    top notch video

  • @hzbz6613
    @hzbz6613 Год назад +2

    Resumo excelente! Question..non trading related..why u waering 2 watches and is that a tissot prx?

    • @KimmelTrading
      @KimmelTrading  Год назад

      Yes, it’s a tissot. The other is not a watch, it’s a whoop

  • @robertw3299
    @robertw3299 10 месяцев назад

    I appreciate your video; I trade the index; are there any restrictions with any firms on trading the Index? Thanks RW

  • @leochavez8203
    @leochavez8203 Год назад

    Can u review blue guardian

  • @Edinho6199
    @Edinho6199 8 месяцев назад

    Good video. After watching this Iam in doubts if those firms actually hedge against the trades on the market with traders who got funded. What are your opinions?

  • @Zomann
    @Zomann Год назад +1

    Can you check Finotive Founding ?