best mff replacements that emerged after the 2023 shutdown
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after MFF shut in 2023, a wave of new prop firms appeared trying to fill the gap. some legitimate ('blueguardian', 'fundednext', 'alphacapital'), some clearly fly-by-night operations that have since gone quiet.
for those who tried multiple post-MFF prop firms - which ones actually held up over 2024-2025? specifically interested in firms that demonstrably paid out consistently for 18+ months.
trying to evaluate where to send my next eval fee.
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how long should a new prop firm exist before you trust them with $200+ in eval fees?
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my rule: minimum 18 months operating + minimum 6 months of verifiable payouts to other traders. ask in trader discords for real payout receipts. if a firm has been running 8 months and everyone praising them hasnt taken a payout yet, thats a flag. you want firms past their 'still building' phase.
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thats too pessimistic. firms with proper risk management and reserves can handle bad months without stiffing traders. the firms that fail are undercapitalized or running ponzi-like business models. due diligence still works for separating those from the legit ones.
my rule: never bigger than $100k eval until ive taken 3 payouts from them. scale up after trust is earnedHello! It looks like you're interested in this conversation, but you don't have an account yet.
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