Which Futures Prop Firm is the Best in 2024? | Topstep vs Apex vs My Funded Futures

  Рет қаралды 5,906

Ryan Trades Futures

Ryan Trades Futures

4 ай бұрын

#fundedaccount #propfirms #daytrading #futures #market
A deep dive into Futures Prop Firm. Comparing Topstep, Apex and My Funded Futures to determine the Best Prop Firm in 2024
Disclaimer: I am NOT a Licensed Financial Advisor! I DO NOT give financial advice. This is for Entertainment Purposes Only! DO NOT take a trade using any information in this video! These are my personal opinions.

Пікірлер: 46
@tradedailywithseb
@tradedailywithseb 2 ай бұрын
Flipping rule is switching from minis to micros. basically sizing down. You can switch to minis just make sure it is 20% or less on the contract size. So I think you can trade 2 to 10 MNQ you should be fine.
@gymkim2193
@gymkim2193 2 ай бұрын
wtf are you talking about.... the 20% flip rule has nothing to do with sizing down. Flipping 20% rule applies to the total number of days you are allowed to "flip" days. Flipping refers to getting in and out of a trade very quickly just to record a day. You can do this total of 2 days out of the 10 trading days, apex allows this. You can flip with minis or micros, it doesnt matter.
@denniswise1460
@denniswise1460 2 ай бұрын
@@gymkim2193you are wrong. He described it correctly. It’s defined in the apex website
@bloomscenenlp
@bloomscenenlp 2 ай бұрын
This post shouldn’t be pinned lol
@mjsiemer
@mjsiemer 3 ай бұрын
Very thorough analysis. You’re a natural.
@roshonjackson5734
@roshonjackson5734 2 ай бұрын
Thank you so much for sharing this wonderful video. It has truly helped me in making a decision about which prop firm to choose.
@RyanTradesFutures
@RyanTradesFutures 2 ай бұрын
I have been incorporating discount prices into my spreadsheet so watch out for my update video
@Madamkombucha
@Madamkombucha 2 ай бұрын
Thank you. Very informative!
@RyanTradesFutures
@RyanTradesFutures 2 ай бұрын
Glad you enjoyed it!
@user-nb1gf6tg5i
@user-nb1gf6tg5i 4 ай бұрын
thank you Ryan
@itskko
@itskko 4 ай бұрын
bro thanks! I’ve been looking exactly for this comparison where you deep dive into the cost of each three. tysm
@RyanTradesFutures
@RyanTradesFutures 4 ай бұрын
Thank you for your support. After reading your comment, I'm motivated to take a look at TakeProfitTrader. Keep an eye out for that video if you're interested in that prop firm
@tradedailywithseb
@tradedailywithseb 2 ай бұрын
@@RyanTradesFutures One thing you did not mention on Apex is the many discounts it offers. So a little misleading. 50K with 80$ is $37 a month or 90% will cost $17 on Apex. I know you are just comparing the basic cost of the accounts but Apex does offer a lot of discounts each month.
@RyanTradesFutures
@RyanTradesFutures 2 ай бұрын
@tradedailywithseb I thought I did mention it, but my bad if it was a missed point. Apex has a BUNCH of account sizes. So I used 50k, 100k, and 150k just for comparison purposes. You can see me using discounted prices on my most recent videos. When I get back, I'll do an update for any May promos
@OilFuturesTrader
@OilFuturesTrader 2 ай бұрын
Thank you
@TeluguSharkTrader
@TeluguSharkTrader Ай бұрын
Great video. Lots of time saved for viewers.
@RyanTradesFutures
@RyanTradesFutures Ай бұрын
Glad it helped
@mcbenckosfx5846
@mcbenckosfx5846 2 ай бұрын
Best explanation ever❤
@RyanTradesFutures
@RyanTradesFutures 2 ай бұрын
Glad you think so!
@jayytocoolformore5916
@jayytocoolformore5916 2 ай бұрын
great video , I do have a question regarding the level data , what is the difference between level 1 and level 2 data
@RyanTradesFutures
@RyanTradesFutures 2 ай бұрын
Level 1 is going to just be the last quoted price...so basically the current Market Price. Level 2, you see multiple bids and asks and how many orders are at each price. Hope that clears it up for you
@e10n
@e10n 3 ай бұрын
Apex always has 70-80% discount, sometimes 90%.
@RyanTradesFutures
@RyanTradesFutures 3 ай бұрын
Thanks. I see they have an 80% discount going atm. I will be adjusting my spreadsheet to include discounts going forward
@patrickhenry7416
@patrickhenry7416 3 ай бұрын
so is there any MONTHLY fee for expert account once passed for MFF?
@RyanTradesFutures
@RyanTradesFutures 3 ай бұрын
Please correct me if I'm wrong, but for BOTH Starter and Expert accounts there will not be any MONTHLY fees unless you want to pay $39/mo for Level 2 Data. The Starter does have a one-time activation fee of $149 once passed but Expert has this fee waived
@patrickhenry7416
@patrickhenry7416 3 ай бұрын
@@RyanTradesFutures awesome thanks for the response. i wasnt sure and couldnt find it but you answered my question.
@silverfox401
@silverfox401 3 ай бұрын
I thought on Apex you can trade news after the release
@RyanTradesFutures
@RyanTradesFutures 3 ай бұрын
They say you can trade your normal strategy. However, you can't trade using News strategies. They don't give specifics but maybe 2 minutes before and after News is safe? support.atf.com/hc/en-us/articles/4404875217819-Once-Active-How-Does-a-PA-Account-Work
@Alifrom-Texas
@Alifrom-Texas 2 ай бұрын
@@RyanTradesFutures If the high impact news is about some one speaking.... do not trade till the speech is over, could be a few min to a couple of hours.
@Trade2Travel
@Trade2Travel 2 ай бұрын
10 evaluations, 3 live simulated, 1 live real money account offered only to top simulated traders.
@MyGomdi
@MyGomdi 2 ай бұрын
Topstep $200 × 5days payout rules suck. I don't recommend Topstep
@RyanTradesFutures
@RyanTradesFutures 2 ай бұрын
Yeah also max withdrawal of 50%. I prefer MFFU Expert payout rules because they don't have a min trading days rule but harder profit to drawdown ratio
@tamslean
@tamslean Күн бұрын
I'll save you some time. It's Topstep.
@RyanTradesFutures
@RyanTradesFutures Күн бұрын
I do think Topstep is one of the best, but since I've been digging into prop firms, I've come to find that it's not "one size fits all". Every prop firm has pros and cons including Topstep. For example, I'm not too fond of their payout structure.
@tamslean
@tamslean Күн бұрын
@@RyanTradesFutures What's not to love about their payout structure? No minimum days, no minimum amount..
@TimesEnigma
@TimesEnigma Ай бұрын
MFF is a PoS company, no scalping allowed... ridiculous.
@RyanTradesFutures
@RyanTradesFutures Ай бұрын
Would you elaborate on what you mean by them not allowing you to scalp? I don't think they have any rules on how long your trades need to be or how much you need to make for a valid trade. Just the typical No Automated Trading rules.
@TimesEnigma
@TimesEnigma Ай бұрын
@@RyanTradesFutures They claimed that i was "micro-scalping" for 3-5 ticks with 3-5 sec durations.... That was their reasoning for denying my payout. During those times, i got in, then decided it was not a good entry, so i exited with a small profit...All decisions are made on the fly, as the candles are forming. Apparently, making these practical decisions prevents you from getting paid out by MFF.. They are wack... can't trade without making appropriate decisions. I cannot trade by reading proper price action with this company.
@robertquinonez_
@robertquinonez_ 3 ай бұрын
The House Always Wins...These prop firms are all poor choices. Just enough not to be a scam lol Best to have your own money, your own funded account on a broker like TD or Webull.
@RyanTradesFutures
@RyanTradesFutures 3 ай бұрын
True, the House Always Wins. Don't forget regular brokers are also the House. 80% of traders lose in the Market even before prop firms. If you don't have the funds to go with a regular broker, prop firms let you risk more than the money you pay them. The trade-off is all the rules they put on you to make you lose easier. The most important thing is to work on yourself and develop your trading skills so you are consistently profitable without huge risks
@tradedailywithseb
@tradedailywithseb 2 ай бұрын
⁠@@RyanTradesFuturesTrue. I think Apex is the better choice in Topstep, my funded futures, due to the great discounts that Apex offers like the 80% and 90% off promos they do. If you start to develop a good or decent trading strategy and you have good risk management and follow prop firm rules. It helps you as a trader become more disciplined in taking the green off the table early or when to hold your trades. Once you start building your capital from prop firms and fund your personal accounts. You will take trades on your personal account with better understanding of how market works and beat the house 70 to 90% off the time. I trade multiple different types of prop firms of futures and forex it has improved my trading due to experience and has shown me what kind of trader I am and what kind of person I am mentally. I have adjusted myself not only to be a great profitable trader but also made me into a better emotionally balanced individual. Through the 6 years of trading I have become a 80 to 90% win rate trader!
@Neil05
@Neil05 2 ай бұрын
Bro is restarded,lmao what in the "I'm a working in sales at brokerage firm" is this lol
@Pipsoverjob
@Pipsoverjob Ай бұрын
Right on!
@Pipsoverjob
@Pipsoverjob Ай бұрын
To many phucking rules, Fund your own account and grow it!
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