Brief Summary
This video presents three affordable prop firms with reliable payout track records, focusing on 15K, 10K, and 5K accounts. It highlights the costs, features, and potential benefits of each, emphasizing the importance of discipline and strategic trading to maintain funded accounts. The video also promotes a funded mastery program and a Telegram community for additional support and trading insights.
- Goat Funded offers the cheapest 15K account at $59 with a discount code MT5.
- Blueberry Funded provides a 10K account for $60 with specific drawdown rules.
- Goat Funded offers a 5K account for $17 with a discount code MT5.
Introduction
The video introduces the concept of finding affordable and reliable prop firms, cautioning against extremely cheap options that may be scams. The presenter aims to uncover three major accounts (15K, 10K, and 5K) that traders often choose due to their affordability, while ensuring the prop firms have good payout track records. The goal is to help viewers find accessible funding opportunities without compromising on reliability.
15K Account: Funded Next vs. Goat Funded
The presenter discusses 15K accounts, noting their popularity due to the allowance for larger lot sizes compared to 5K accounts. Funded Next offers a 15K account for $119, which includes a 15% profit share during the challenge phase, but requires earning at least $1,500 (10% of the account) to get a payout of $292.50. Goat Funded is presented as a cheaper alternative at $59 due to a current discount when using the coupon code MT5, but it does not offer a profit split during the challenge phase. The presenter poses the question of whether the profit split during the challenge phases of Funded Next is worth the higher cost compared to Goat Funded's cheaper option without such a split.
10K Account: Blueberry Funded
The video transitions to discussing 10K accounts, which are described as a popular account size. Blueberry Funded is highlighted, featuring a two-step evaluation process with a 10% profit target for phase one and 5% for phase two. The maximum loss is 10%, and the daily loss is 5%. The presenter explains the drawdown rules, emphasizing that the drawdown is static and calculated from the starting balance each day. The profit share is 80%, meaning traders keep 80% of their earnings. The presenter stresses the importance of disciplined trading and focusing on increasing the account balance rather than trying to make quick profits. He also promotes the funded mastery program, which aims to help traders get funded, and shares a recent successful trade from the Telegram community.
Drawdown Rules and Trading Discipline
The presenter explains the drawdown rules in more detail, emphasizing that the daily loss is calculated from the previous day's equity or balance. He advises against recalculating the drawdown based on the initial balance if the account is already in a drawdown. The presenter reiterates the importance of discipline and strategic trading, warning against trying to make large profits quickly and risking the account. He shares his past struggles with getting funded and highlights the success of his funded mastery program in helping traders get funded.
Blueberry Funded Account Details
The presenter continues detailing the features of Blueberry Funded accounts, noting that there is no time limit, the leverage for FX is 1:50, and the minimum trading days are three. Payouts are bi-weekly, and account copy trading is allowed. The presenter advises potential users to read the prohibited strategies, especially scalpers. The cost of the 10K account is $60, and the presenter recommends using the link in the description to get a discount.
5K Account: Goat Funded
The video concludes with a discussion of 5K accounts, highlighting Goat Funded as the prop firm with the lowest but most reliable option. The Goat Funded 5K account is priced at $17 due to a current discount, with the regular price being around $30. The presenter encourages viewers to use the link in the description and the coupon code MT5 to grab the discount. He reiterates the benefits of joining the funded mastery program to get help with getting funded and encourages viewers to join the Telegram community for additional support.
