Raentrading - the new institutional prop firm

Discussion in 'Prop Firms' started by Saxio, Apr 18, 2025.

  1. canoe

    canoe

    guys all you have to do is take one glance at their help page to realize it's shady as hell:

    1) they advertise it as $389/mo when it takes a minimum of two billing cycles to pass, so it's more like $778 minimum. there's no reason to play such cheap, obvious tricks.

    2) they intentionally obfuscate the criteria for phase 2. for phase 1 it's crystal clear but in phase 2, all they say is something along the lines of "oh, we'll assign a mentor and see whether you can continue having success." absolutely zero details on what it actually takes to pass phase 2 so you could end up spending $778 minimum and 3-4 months just to get through phases 1 and 2 only for them to be like, "sorry, not interested despite you passing all of the published assessment criteria"

    3) also note how they intentionally word it saying they'll refund the assessment fees once you're moved into live, NOT after phase 2. so if you pass phase 1 but they don't like you in phase 2, you just lost out on money plus time. also, note how this phase 2 isn't like a livesim stage where you can withdraw the profits you make in this phase.

    even if they're not a scam, it's basically a huge timesink (around 3-4 months for phase 1&2 at the fastest) just for the tiny possibility that they accept you into their live team.

    you guys do realize that's literally an entire quarter of a year, right? imagine investing a quarter of the year into a bucketshop when you could invest that much time into so much more productive endeavors.

    also, the fact that this guy comes from apteros and hence was previously affiliated with mb is...lol.
     
    MichalTr likes this.
  2. SunTrader

    SunTrader

    Gee glad you were able to figure out 1) that 2 * $389 = $778, those guys trying to pull a fast one on you .... failed.

    Nice those made up quotes in 2) and how you caught them in 3) intentionally wording it ... in clear black and white. And even though it is not a scam it is a timesink - exactly that people can choose to take or not.

    That is my whole point, join them or avoid them.

    Stopped following - this stupid rant-o-thon.
     
  3. traderjo

    traderjo

    Who is ranting many have made valid logical points about this is not real prop trader funding,, but you are the one who refuse to see it
     
  4. 2rosy

    2rosy

    maybe he runs one or has given one a lot of $
     
  5. Yes. I don't see why anyone is so focused on defending this firm if they have no experience doing business with them.

    They could be legitimate for all I know, but I'm always on the alert with these type of firms and this one looks like one that may just be a step up in terms of marketing and website design.

    The sweeter the pitch...