"If we don't loosen up some money, this sucker is going down." -GW Bush, 2008
“Lack of proof that something is true does not prove that it is not true - when you want to believe.” -Humpty Dumpty, 2014
“The greatest shortcoming of the human race is our inability to understand the exponential function.” Prof. Albert Bartlett
Last edited by Zondor; September 28th, 2013 at 01:40 PM.
The following user says Thank You to Zondor for this post:
Full disclosure: I work for Trading Advantage (but not as a trader or in sales), who has been on Ripoff Report.
That being said, Ripoff Report is one of the larger scams running on the internet. People can post complaints on the site, and the organization can post a rebuttal comment. For most situations, this serves the intended purpose... such as: complaint is made, organization either rebutts the complaint or deals with the complaint directly to resolve the issue. The problem is, anyone can post any complaint about the organization, and you can pay something like $2500 for Ripoff Report to "Investigate", but even if they find in favor of the organization, they will NOT take the complaint down... which kinda invalidates the whole point of having them investigate. So, at the end of the day, people can post any kind of baseless complaint, that may be valid or not, and it's there forever.
Back to the OP... I don't really know anything about Fully Funded Trader... the guys running the show there left before my employment started.
Trading Advantage DOES have a prop trading program though, and it's legit. I'm not here to sell, so that's all I'll say on the matter... but if you want info, check out their web page.
The following user says Thank You to shaft5150 for this post:
I found this firm earlier today and remembered seeing this thread...just thought I'd share. I don't anything about FFT but am very familiar with Topstep and this model seems like it would cost you a lot less than both...barring any unknowns.
I don't know exactly what you mean by "legit" but the fact is, Trading Advantage is not what is traditionally known as a prop firm because they require you to pay for education (with a very hard sell) with no guarantee of being funded at all. They can call themselves whatever they like but in my mind and I'm that's no where close to the definition of a prop firm.
Fair enough, however I was responding to the OP and subsequent posts. My understanding of Fully Funded Trader was that they offered the same type of program, as well as companies like TopStep Trader. My response was in that context.
EDIT: What I meant by "legit" is that yes they do fund traders, which was in response to people looking for ways to get funded. I would also consider TopStep legit as previously mentioned, because they are well respected on here, and also actually fund traders, as opposed to just taking people's money.
ANOTHER EDIT: Also, nobody guarantees you funding, even the companies that would satisfy your definition of a "prop firm".
Last edited by shaft5150; October 21st, 2014 at 04:32 PM.
Reason: added more thoughts...