HFT Prop Firm EA review 📈 Is it GOOD or BAD? (2024)

The HFT Prop Firm EA, adorned with the distinctive GreenMan logo, emerges as an Expert Advisor tailored explicitly for navigating challenges set by proprietary trading firms (prop firms) that embrace High-Frequency Trading (HFT) techniques. This review delves into the intricate features that set HFT Prop Firm EA apart, providing a comprehensive overview of its capabilities.

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The HFT Prop Firm EA efficiently meets challenge targets within remarkably short timeframes while maintaining an impressively low drawdown. Its specialized HFT strategy identifies significant market movements, deploying a stop-loss mechanism and boasting a built-in equity protector that halts operations upon reaching the predefined target.

💹 Pro Ratio Money Management: A Strategic Edge

A distinctive feature of HFT Prop Firm EA is Pro Ratio Money Management (PRMM), dynamically adjusting lot sizes for rapid challenge completion without substantial drawdowns. For a hands-on approach, the EA allows manual entry of lot sizes, providing flexibility. Automatic gain-based money management further enhances efficiency.

🔄 Active Market Detection: Swift Navigation Through HFT Challenges

HFT Prop Firm EA proactively detects market conditions, operating exclusively during active market hours. This targeted approach ensures optimal performance, swiftly completing prop firm HFT challenges—often in less than an hour.

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📊 Backtesting Insight: Verifying Performance with Precision

Before engaging in high-stakes challenges, users can assess the EA’s performance through backtesting. Default settings focusing on the US30 symbol at a one-minute timeframe simulate real-world scenarios. Users are advised to reach out via private message for any backtesting issues, showcasing developer support.

🌐 Prop Firm Prowess: Tested and Proven

The HFT Prop Firm EA underwent rigorous testing across various prop firms, including Fast Forex Funding, Infinity Forex Funds, Next Step Funding, Quantec Trading Capital, Kortana Fx, Pro Trade Funded, Social Trading Club, and M Solutions. Its adaptability and effectiveness are evident in navigating challenges from diverse firms.

❌ Not Every Realm: Limitations and Recommendations

HFT Prop Firm EA excels in HFT prop firm challenges but doesn’t support other prop firms, brokers, or funded prop firm accounts. Users are advised to consult external review platforms and conduct thorough due diligence before embarking on their HFT journey.

💻 Technical Requirements: Setting the Stage for Success

For seamless operation, HFT Prop Firm EA requires a Virtual Private Server (VPS) with latency less than 30ms. Lower latency enables quicker target achievement. The EA recommends a timeframe of 1 minute or 5 minutes for user flexibility.

📉 Market Compatibility: Tailored for HFT Prop Firm Challenges

HFT Prop Firm EA is designed for specific symbols such as US30 (DJ30, WS30), GER30 (DE30), or other indices offered by prop firms. Setfiles for US30 are provided upon purchase activation, streamlining the setup process.

⚠️ Important Considerations: A Word of Caution

The EA isn’t a martingale or grid system, operating by opening and closing one trade at a time. It’s purpose-built for HFT prop firm challenges and isn’t tested for other challenge types, funded prop firm accounts, or live broker accounts.

📅 Pricing and Bonuses: Unlocking the Full Potential

Priced at 200 USD, HFT Prop Firm EA offers a compelling solution for traders seeking to conquer HFT prop firm challenges. A free demo with over 5,000 downloads provides a risk-free opportunity for users. Leaving a review after successfully passing challenges grants a free tool to monitor lot size consistency for funded accounts.

📝 Final Thoughts: Navigating HFT Challenges with Precision

In conclusion, HFT Prop Firm EA (Green Man) is a powerful tool for traders conquering HFT prop firm challenges. Its strategic features, coupled with robust testing across multiple prop firms, attest to its reliability. Users should heed recommendations, conduct due diligence, and leverage extensive support for optimal results in High-Frequency Trading.

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Disclaimer: The information provided in this review is based on publicly available data and user feedback. It is essential that you conduct thorough research and exercise caution before making any financial decisions. Please note that these services or products are not affiliated with tradingservices.io.

HFT Prop Firm EA review 📈 Is it GOOD or BAD? (2024)

FAQs

Is HFT good or bad? ›

Advantages of High-Frequency Trading

High-frequency trading, along with trading large volumes of securities, allows traders to profit from even very small price fluctuations. It allows institutions to gain significant returns on bid-ask spreads. Trading algorithms can scan multiple markets and exchanges.

What is HFT evaluation passing? ›

HFT Challenge Passing is a fully automated High Frequency scalping robot that is specially designed to help you pass your prop firm (proprietary trading firm) challenges and evaluations.

Which prop firm has the best EA? ›

Best prop firm Expert Advisor in 2024 | Top Robots, bots, EA...
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  • FXPro Scalper EA. ...
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  • Forex Robot Scalper Pro EA.
Mar 27, 2024

What percentage of people pass prop firm challenges? ›

The article from Lux Trading Firm provides slightly different results. According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time.

What is the problem with HFT? ›

HFT is criticized for allowing large companies to gain an upper hand in trading. Another complaint is that the liquidity produced by this type of trading is momentary—it disappears within seconds, making it impossible for traders to take advantage of it.

How much do HFT firms pay? ›

The national average salary for a Hft developer is ₹19,00,000 in India.

Which prop firm accepts HFT? ›

Proprietary Trading FirmHigh-Frequency Trading During EvaluationHigh-Frequency Trading During Funded Status
FunderPro
Funding Pips
FXIFY
Glow Node
35 more rows
5 days ago

Is it hard to get into HFT? ›

Be aware that HFT is an extremely technical discipline and it attracts the very best candidates from the fields of mathematics, physics, computer science and electronic engineering, often at the grad school level or with years of industry expertise in a niche area.

Does FTMO allow HFT? ›

you will be asked to adjust your ea setting... Nope, they don't allow HFT.

Do prop firms really pay out? ›

Statistics on Average Trader Payouts

Profit Split: The average prop firm will offer a 80-20 profit split once you become a funded trader. TFT, on the other hand, gives up to a 90% split, — even as high as 95% in some promotions — the highest in the industry.

Do prop firms give you real money? ›

Sure, the firm may replicate successful trades of the funded traders on the firm's real account. But, again, those are trades made by the firm itself with its own capital. And in general, prop firms insist that they are not financial institutions and do not provide financial services.

Which prop firm is better than FTMO? ›

FunderPro: FunderPro is the most popular alternative to FTMO. It has a similar two-step challenge process, but the requirements are slightly more lenient. For example, the FunderPro Challenge requires a 10% profit target in 30 days, while the FTMO Challenge requires a 12% profit target.

What is the success rate of prop firm evaluation? ›

It is estimated that only 4% of Forex traders succeed with prop firm challenges, and only 1% of traders can generate profits consistently without violating any rules.

How to pass a prop firm evaluation? ›

Tips on how to pass a prop firm challenge:
  1. Follow your trading strategy consistently.
  2. Start with a small challenge.
  3. Maintain proper risk management.
  4. Focus on consistency and profitability.
  5. Record and analyze your trades.
  6. Utilize the prop firm's educational resources.
  7. Stay updated with market news and analysis.
Jan 3, 2024

What happens if you lose a prop firm challenge? ›

When you are trading with a prop firm, your losses are usually limited to the foregone risk of your challenge/account fee. You are generally not liable for the prop firm's lost funds.

What are the pros and cons of HFT? ›

High-frequency trading offers significant benefits to online Forex brokers, including speed, liquidity provision, risk management, and data analysis. However, it also comes with disadvantages such as increased market volatility, concerns about market manipulation, high infrastructure costs, and regulatory scrutiny.

Is HFT immoral? ›

These techniques try to sway other traders into making a decision that is detrimental to them. This act constitutes questionable ethics. HFT is accused of a lack of concern for the betterment of society, contributing little of value, and not creating value added.

Is HFT still profitable? ›

This type of trading can be very profitable but also carries significant risks. In simple terms, HFT is a method that employs powerful computers to execute a vast number of orders in fractions of a second. It employs advanced algorithms to analyze various markets and execute trades based on current market conditions.

Should HFTs be banned? ›

Several European countries have proposed curtailing or banning HFT due to concerns about volatility. Other complaints against HFT include the argument that some HFT firms scrape profits from investors when index funds rebalance their portfolios.

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