I am out of the prop firm game ! This last payout request I get or not it does not matter. I do not want to put any further money into buying challenges anymore. Good luck to anyone else ! It is a Ponzi game and all the newer prop firms got after ...

As I said I made a lot of money from those props. They turned to be worse just recently a few months ago. Before they did payouts with no issues. Do not forget that. My net result in total, is €70000 payouts net from prop firms. And net €50000 from ...

Prop Firm Traddoo Partners With TradersLaunch and Enters Futures Market Tuesday, 29/10/2024 | 08:37 GMT+1 by Damian Chmiel Another company in the sector has decided to offer its clients access to markets beyond CFDs. Trading will include NinjaTrader ...

One of latest 1 star reviews from a German regarding Quant Tekel. Not looking good really. Too bad for me probably. I did not get any email so far. "This prop firm is the worst i have seen… This prop firm is the worst i have seen in my 4 years ...

And the consequences having a criminal record are even harder. You cannot have any job anymore. So when you need money and need your 9to5 job you can forget it with such a serious criminal record. You get immediately fired when you have a job. So if ...

You still did not get it really. But since you in Africa maybe you can make jokes with the police in your country. Here in Germany they are so awaken you can get suspected very easily for nothing. Second. It is much harder when you need to register. ...

Also as long as you ask your lawyer it is an opinion what you get. But if you needed to register in reality with the authorities in your country then this is true knowledge and based on facts. This is what I have based on my working & self employed ...

It is not so my opinion I know this from facts and experiences I made in the past. Second, you can definitely expect the futures prop will going down a lot in their favor, when you as trader needs to pay professional data fees. You cannot be treated ...

I am not so sure as you but if you can sleep better with it, then it is yours. You are not a retail consumer at a prop firm. You are contracted as independent trader, kind of self employed because I needed to register here as being self employed ...

Everytime we see a rug pull and the CEO is buying and posting a Lambo car on Insta, we wonder why that CEO has not go to jail for 20 years or do not need to pay back all his profits ? Because it is still wild wild west and there is no proper ...

There is no reason to be aggressive like you do in your last post. I wanted to be always polite and shared my view. But let me know (!) once you got a criminal record and you cannot relocate or travel to other countries because you get caught in a ...

I am not your or any lawyer, and you should ask your specialised lawyer with that matters. If you do not know what you do with a LIVE at a prop, it is on your own risk.

You cannot ask your accountant. That is about laws you need to ask a specialised lawyer, because even not the average lawyer knows about this. First. Second. I was a hired financial advisor in the bank. And I was also an independent financial ...

I see your profile is from Africa. I do not know the laws about in Zimbabwe, but I was talking about only for the first world countries in EU, USA, UK, CAN, AUS etc.

Also you are wrong with your opinion, that it is all free and it does not matter whether trading live or not on a prop firm. But this is not true, it is only the way actually because there is no regulation. But this will come soon early 2025. And I ...

I can only speak for Germany since I am here. For trading live accounts you need to register first, cause the prop firm itself is not registered. So you are not allowed to trade live accounts without permission from Bafin. That is not 100% sure and ...

You should at least check taxation consequences trading a live account at a prop firm. Second, you should have a letter from authorities that you are allowed to trade live accounts on such a prop firm, otherwise if you need to register first as ...

No contact. And I think there is no value to join this firm than trading on personal account.

With FTT almost gone you expect similar business models with similar rules on other props will face same fate very probably. So I would stay away from Tradeify too.

They had a good start at the begin and i got so far 20k from them as payouts. I made my highest return on invest with that prop firm this year. It is recent development