Eliminated what exactly? Trailing draw down based on unrealized PnL? By the time you get to a live account there is no more trialing draw down anyway, it stops trailing when it reaches 0. But yes, it's based on end of day PnL, not unrealized PnL.
I think I will try these guys. I heard they are affiliated with SMB, somehow. What do you think @p0box4? Products - TradeFundrr
It looks like they are affiliated with T3. I have no experience with Trafefundrr, their rules look very similar to Topstep in the Incubator account. I will have to check their FAQs to figure out the details to see if it's interesting, but it looks good at first glance. Do they offer live accounts?
I read just about all of it last night and so I would say yes. There was a statement which said that if consistent over time you would be placed on the trading desk, I believe or of that nature. Solutions : TradeFundrr
That's not really clear either, does that mean that once you hit $20K in payouts you are guaranteed a live account or not?
Based on the statement, 20k has nothing to do with it but consistency. You can always ask them for clarity if you don’t understand their wording.
Did some more research, one of the major disadvantages seems to be the max trade ($500) and daily loss limit ($1000), when you hit them you lose the account. . Seems like Topstep is still the better choice. One of the advantages of Tradefundrr is that the target to pass is only $1250 with a $2500 max draw down.
Personally, I tend to go with firms that are going to pay the data fees, except Savius, EOD drawdowns and not so much of a big margin to reach the profit compared to the capital they give us to trade with. That being said, the 1250 profit target must not be underestimated because you have to make 250 five times in order to pass. So, most will finish above the 1250 profit target. Might even be up to 2500 hundred range. I am with amp futures, deposited 2100 and has so far withdrawn around 2k in about 4 months trading. Balance now is 2700 but the idea is to withdraw funds once account is above 3k. Amp has a feature where I can add more accounts in which I will do that once more funds arise.