The5%ers spent ten years as a forex firm. Its futures arm is much newer, and the rulebook reads differently enough that traders arriving from the CFD side get caught out. Two answers matter more than the rest. Copiers are allowed, but inside a box far smaller than most people assume. And the automation most traders
FunderPro’s help center says high-frequency trading and automated bots are allowed, as long as they operate fairly. Its Challenge Terms and Conditions say something else. Clause 13.9 prohibits high-frequency trading outright. Both pages are live on the firm’s site today, so which one decides whether your bot keeps the account? The gap matters more than
The decision that makes or breaks Tradeify webhooks happens at checkout, weeks before you ever write an alert. Tradeify sells three broker connections at exactly the same price. You pick one, and you can’t change it later without buying a new account. Most guides skip straight to the JSON. They assume you’re on Tradovate, because
Nine of the twenty prop firms we checked let you run a trade copiers across your own accounts with no special restriction beyond their usual risk rules. Another nine allow it too, just with a catch: an approved-vendor list, an evaluation-only window, or accounts that have to match in type and size. One firm bans
Running two or three funded Tradovate accounts off the same signal means listing every account inside the alert’s multiple_accounts array, since PickMyTrade (a TradingView-to-broker trade automation platform) treats that array as the complete routing instruction. On pickmytrade.trade, every account in the array trades through your Tradovate connection. Leave one out and it sits idle while
Most traders read the Apex funded automation rules exactly once, on the evaluation, and never read them again. That’s the mistake. The rules you pass your challenge under are not the rules you get paid under. Automation is broadly fine while you’re grinding an Apex evaluation, but once that account converts to a Performance Account
Prop firm consistency rules are the rule set’s hidden landmine. You can hit every profit target, keep your drawdown spotless, and trade for weeks without a single loss, then watch your payout request bounce because one breakout Monday handed you 60% of your account’s total profit. Just 33.3% of funded traders ever receive a payout,
Prop firm taxes surprise a lot of funded traders the first time a payout lands. The check doesn’t come with capital gains treatment. It comes with a 1099-NEC and a 15.3% self-employment tax bill attached. That’s a different tax world than trading your own brokerage account. I’ve had this conversation with more funded traders than
FundedNext Futures has paid out more than $9 million to U.S. traders within six months of launching. A big share of that volume comes from strategies automation. Yet the firm bans most forms of copy trading outright. That gap trips up traders who assume automation and copying trades mean the same thing. They don’t. FundedNext
A question has sat unanswered in r/algotrading since December 2024: is there an actual list of prop firm with public trading API ? Not marketing pages, not “we support automation,” but an actual breakdown of who has a real API, who hides behind a broker’s platform, and who has nothing at all. The honest answer
