My experience with TraderProFunding has…
My experience with TraderProFunding has been largely mixed with both good and bad experiences.
First, lets start with the positives.
The trader passed my 100k 2 step FTMO account with 7 of 8 winning days.
The first phase, was passed in the first week with 100% winning days (4 in total) and little to no drawdown.
The second phase, was passed in the second week with 75% winning days, on day 3 there was a large drawdown, followed by a strong recovery on day 4.
In addition, on week 2 I also got live account management with a $3.8k deposit on Vantage Markets.
Here near $3k was generated and withdrawn on a daily basis for the first 3 trading days and the profit split was shared.
However, there have been some large losses in a single day where stop losses were not used.
And on day 4 the $3.8k was blown when Gold had a large bearish daily candle, and the account entered in some buys during these conditions, without any stop loss.
Further, in week 3. I was in the funded FTMO account, and after drawdown on day 1, day2-4 recovered the account and built 7.4% of profit.
Sadly, on the Friday the 30th of October, after only requiring 1 more trading day to book in the profit a similar situation to the account blow up, where the account was in some buys, and it blew after some strong selling. Note, the higher time frame trend as per the daily chart was bearish since late August and now breaking the July lows.
Further, there have been many upsells and some I would question very much.
I was upsold to a Telegram scammer @TE_EMAh who randomly changes the price of a non-existent bot from $760 to $2500 back down to $760. Selling features which come equipped to most EA's anyway.
And then TE_EMAh has a cry when I called him out, but fails to actually provide any proof of delivery to the trader whom I sent money to for this, and fails to counter my argument, despite giving him countless opportunities to do so. Informally confirming what I said to him is true.
Do not buy from TE_EMAh. not sure why the trader suggested them, or if they are colluding.
I say this, as I was told this add-on bot would ensure automated stop loss/take profit, break even entries in the funded FTMO account, and this clearly was not the case as the account breached with no stop loss on the trade, and the whole sales pitch for this of this was to protect the account, and to put it simply, this feature simply failed and was not used.
I am also upsold over and above the lifetime license fee for the API key to use the bot myself, so when live accounts are being lost and FTMO funded accounts are being breached, this can get very expensive.
Overall, great to have passed an FTMO and gotten funded, and has shown some promise in the live but I am still net negative.
I think there is a real problem with risk management and endless upsells, many of which as per above, the add-on risk management bot, has no substance behind and simply cannot deliver as per it's sales pitch.
2-3 stars for 3 weeks of in depth experience. It can pass and get you funded, on a live maybe even get some profits, but overall based on my experience you will be left net negative, when stop losses are avoided and you lose the funded pre-payout and live account when net negative.