I don't think you need to reach 20% in one month, you just have to reach 20% in order to progress but they won't progress you until the end of that month where you reach the profit target so if you get to 20% on the 2nd then you'll have to wait like 28 days before they advance you to the next stage.
Petko it's not $1M instantly this is when you reach Stage 5.... so the title is a bit misleading. Otherwise my admirations for the discovery of a new type of prop firm.
@@mlondekidube4874 everything i posted now it removed. 2 comments are removed. It was a big fan of this channel but at this moment i am disappointed. If they remove it will leave this channel
I was wondering the same thing, but nowadays is very easy to copy trades between platforms, so you can have your Master account in MT5 and run trades from there and be copied on MT4 with this account... that's very easy to do... so it's not a deal breaker, at least for me.
It appears to just be a trading challenge that costs $1k to enter made to look like a test for a hedge fund job at the end. Smart repackaging of product to make them not appear to be a typical prop firm
@@PetkoAleksandrovGenuine prop firms only make money when you make money. These guys revenue model is to make money from the 99% of challengers who lose there 1k challenge fee. Even Lisaforex couldn't pass. Who do you think keeps this 1k? Why don't they show the passers?
@@PetkoAleksandrovi agree, is very different to a prop firm. This appears totally different revenue model. Who keeps the 1k when the trader fails the challenge? (97-99% normally do)
Is profitability possible on the Forex market in the long-term state of the economy? I know you can have luck or foresight and manage to be profitable for a short period of time, but I'm not sure it's possible to consistently make profits on a macro better than the average market return. If so, how hard is it for someone who doesn't have a business background or a long career in the financial industry like a broker or similar.
the account is 10k as they give you another 9k to trade with, but they obviously put this drawdown rule in place to protect their money so that if you hit it you only lose your deposit and the company doesn't lose their money
@@Ladik007They can't lose their money because you are only trading on an internal paper account. It is not like they have created a segregated bank account in your name
Hey Petko , really nice video ! I was wondering if I could help you with more Quality Editing in your videos and also make a highly engaging Thumbnail and also help you with the overall youtube strategy and growth ! Pls let me know what do you think ?
Thanks for the shout out Petko!
I am not so sure about the quality of the shout out ..... the schemes that he mentioned seemed to be full of holes
Hello Lisa. Is it possible to withdraw our deposit at anytime ? or not ?
20% a month is quite a lot, damn. What happens though if you don't reach it, any fees or constraints?
No hé made a mistake there is no month limit Time. You Can reach your target in 5 month Time for instance
There's no time limit to reach the 20%. I covered this at 3:40 in the video :-)
@@PetkoAleksandrov oooh "by the end of ANY month" ... my bad, thx! 😅👍
@@PetkoAleksandrov yes but you also said 20% a month, which had some confused...
20%.... good luck
Whats happening after you passing stage 5? You keep trading with account or what?
Stage 5 is the highest, so once you reach it and stay there, you continue trading under stage 5 conditions
I don't think you need to reach 20% in one month, you just have to reach 20% in order to progress but they won't progress you until the end of that month where you reach the profit target so if you get to 20% on the 2nd then you'll have to wait like 28 days before they advance you to the next stage.
That's correct, Toomy
any updates on xrading?
Hey, do I have to earn 20% to make a withdrawal?
Yes, once you reach 20%, at the end of the month you can request a withdrawal
@@PetkoAleksandrov will I get 80% of the profit or 20%?
Petko it's not $1M instantly this is when you reach Stage 5.... so the title is a bit misleading. Otherwise my admirations for the discovery of a new type of prop firm.
True! I will think about changing it!
Thank you Pet, I will go with 1k account
İs it going to work with USA traders
The website says that they don't accept US citizens.
Unfortunately, at this stage, US traders are not permitted
Why is my post deleted where i posted evidence that this is almost for sure is a scam ?
It's promo and if you go against it... Well you know how it is with gurus.
@@mlondekidube4874 just trying to warn people. Was not to find the information
@@mlondekidube4874 it is removed again. My comments
@@mlondekidube4874 everything i posted now it removed. 2 comments are removed. It was a big fan of this channel but at this moment i am disappointed. If they remove it will leave this channel
I noticed even two other comments about how questionable those broker are by other people are removed too
Sick! What a find, bro!
I wouldn’t celebrate straight away the brokers are…questionable lol
Why not MT5? Weird. Is like offering a product for Windows98 only.
Not really. MT4 still gets updated regularly and many traders still use it, so I guess it might be a cost or licensing issue
I was wondering the same thing, but nowadays is very easy to copy trades between platforms, so you can have your Master account in MT5 and run trades from there and be copied on MT4 with this account... that's very easy to do... so it's not a deal breaker, at least for me.
Wow 20% profit per month. You will be even of the Wall Street pros.
There is no time limit, watch at 3:39
It appears to just be a trading challenge that costs $1k to enter made to look like a test for a hedge fund job at the end. Smart repackaging of product to make them not appear to be a typical prop firm
Not quite. You pay $1K, and get a $10K account to trade with a regulated broker. Quite different to a prop firm
@@PetkoAleksandrovGenuine prop firms only make money when you make money. These guys revenue model is to make money from the 99% of challengers who lose there 1k challenge fee. Even Lisaforex couldn't pass. Who do you think keeps this 1k? Why don't they show the passers?
@@PetkoAleksandrovi agree, is very different to a prop firm. This appears totally different revenue model. Who keeps the 1k when the trader fails the challenge? (97-99% normally do)
Can I use an EA like waka on here? With this broker?
They claim to allow any trading style and any EA. But, it would best to contact them and get this confirmed in writing
I don't understand.... Is it "NO TIME LIMIT" or "ONE MONTH" to reach 20% profit?
No time limit
There is no time limit. Watch at 3:39
can we use BOTS?
Yes. Xrading.com allow and encourage the use of EAs
@@PetkoAleksandrov how would you be able to use it?
What about using my own bot?
You can use your bot with the platform
U say u cant trust any prop firm?
Ponzi prop firm this one at first glance is different as it’s a deposit rather than a fee and all the rest too
In what way are they helping the trader if he has to risk only his deposit and the prop has no risk?
This is not a prop firm. It's a hedge fund incubator, backed by 2 regulated brokers.
Is profitability possible on the Forex market in the long-term state of the economy? I know you can have luck or foresight and manage to be profitable for a short period of time, but I'm not sure it's possible to consistently make profits on a macro better than the average market return. If so, how hard is it for someone who doesn't have a business background or a long career in the financial industry like a broker or similar.
It's BS... deposit 1k, drawdown 1k... right.
Not quite. Deposit 1K, get 10K to trade with, immediately. But, yes, 1K is the drawdown limit
@@PetkoAleksandrov so the account = 1k
the account is 10k as they give you another 9k to trade with, but they obviously put this drawdown rule in place to protect their money so that if you hit it you only lose your deposit and the company doesn't lose their money
@@Ladik007They can't lose their money because you are only trading on an internal paper account. It is not like they have created a segregated bank account in your name
Scam lol
If you have a personal experience of being scammed by the company, please let us know
scam lol
If you have personal experience getting scammed by the company, please let us know
Hey Petko , really nice video ! I was wondering if I could help you with more Quality Editing in your videos and also make a highly engaging Thumbnail and also help you with the overall youtube strategy and growth ! Pls let me know what do you think ?
Thank you, but we have an editing team and our thumbnails are designed the way they are for a reason