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Kit

Malaysia

2 Reviews
6 Reads
3 Useful

2 reviews

BluSky Trading Company

Took me many tries to get a payout

Took me many tries to get a payout, but I think it was worth it. What I like about it: 1. The rules here do not encourage YOLO trading. You have to be consistent for 8 trading days in total before getting a funded account. 2. You can get daily payouts every day after that in the Sim Funded stage. There is a 2.5k weekly cap, though. 3. Drawdowns are EOD. No intraday trailing landmines unlike other firms. 4. You get moved to a real live account after 10k of profit in the sim funded. 5. Support is responsive. Neil is usually the person answering queries. Cons: 1. The rule where all your sim funded profit is forfeited if live brokerage is denied. "Traders must be legally eligible for brokerage and accepted by our brokers; if denied → Sim Profits are Forfeited." This encourages traders to withdraw their profits early rather than take a chance of being rejected and losing everything.

2026-01-21
MPFunds

They've shut down

They've shut down, but were cheating on payouts for some time now. Came up with a new rule after you get funded where you need to set SL of 2% within 2 minutes and not change it within the first 2 minutes. If you miss a SL, they'd cancel the whole payout. However, if your SL gets hit during a news event, they'd cancel the funded account. Avoid the name Dean Wong like a plague in the future.

2024-09-13Helpful 3