With Prop Firms, the worry is always whether they will actually pay out. I have just got my first payout for $1,800 - this is a 60-40 profit split, which is a low split, but it's only for month 1 and then becomes a more standard 80-20 for month 2+.The broker that FD uses is CBT Limited. They have decent spreads and commish, but I have seen some mega slippage on trading during CPI (way more than I would expect). The business model of most prop firms is primarily to make money on traders losing challenges. But it feels like FD is actually trying to get a cadre of diligent, profitable traders. So there are quite a few restrictions (more than normal) on trading styles - EAs are totally forbidden for example.But as with all prop firms, you have to read the Terms carefully and follow them to the letter... and I can confirm that if you do, you get paid as agreed.
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