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  • #4,461
  • Oct 8, 2021 2:07pm Oct 8, 2021 2:07pm
Quoting NXTrader
Quick update on my MFF issue of not delivering the accounts in time all good - after they mixed and gave a different type of account I got all of them now quick question for those honest traders: I got an extra account - I think they got mixed on my multiple request should I report and ignore that account or just trade it?
report, they will ban it if you pass.
  • #4,462
  • Oct 8, 2021 2:17pm Oct 8, 2021 2:17pm
Quoting Takisd
{quote} report, they will ban it if you pass.
thx Tak. thought the same that will just loose time
  • #4,463
  • Oct 9, 2021 10:02am Oct 9, 2021 10:02am
Quoting Boulder
{quote} Just got MFF email, some paperwork needs be done before going live Congratulations! You are one step away from becoming a fully funded MFF trader. Very good job on achieving the target within time frame and with proper risk management. To get your live account up and running, we need to get you to read, understand, sign and scan back the attached Independent Contractor Agreement. You also need to provide us with the following 2 pieces of documents: 1. A government issue ID (such as Driver license, Passport, National ID card) 2. A utility...
MFF verified my documents within 24 hours and emailed me as follow

Hello,

Hope you're having a great day.

Congratulations! Your documents have been verified and you will be given access of your live account along with the certificate within 1-2 working days.

Happy Trading!
  • #4,464
  • Oct 9, 2021 11:08am Oct 9, 2021 11:08am
looks like all the MFF delays are over... No one is crying anymore other than those who failed their evals and want free shit.. But fuck those guys.
  • #4,465
  • Oct 9, 2021 11:49am Oct 9, 2021 11:49am
that's good. Hopefully they're finally going to have some capacity to keep their promise and add cTrader. Traders have been requesting it for months yet they still prioritize mt5 and tradingview which virtually nobody asks for on their Discord. Strange
Money is made by sitting, not trading
  • #4,466
  • Oct 9, 2021 2:15pm Oct 9, 2021 2:15pm
FMS Trader


Pretty Blonde positioned for reeling in the thirsty.

Inserted Video





But don't let that sway you from the scathing reviews.

https://www.trustpilot.com/review/fmstraders.com
  • #4,467
  • Oct 9, 2021 6:11pm Oct 9, 2021 6:11pm
Quoting Vitore
that's good. Hopefully they're finally going to have some capacity to keep their promise and add cTrader. Traders have been requesting it for months yet they still prioritize mt5 and tradingview which virtually nobody asks for on their Discord. Strange
Yes cTrader would be very nice option.

The problem with almost all of these Prop Firms is that they tend to take on too much too soon without having a phased in tech approach.

Ultimately this leads to a rollercoaster ride for participating traders and periods of anger.

Limited Cash flow and lack of foresight are the biggest factors.

Top notch tech is great but it all comes at a very high price, hence a phased in approach clearly communicated and adhered too in advance to current and potential clients/traders is the best approach.

From my understanding though MFF has mentioned the possibility of cTrader but I don't recall them making a promise to implement it.

Masterrmind ..........
Master your Mind then Master your Trades
  • #4,468
  • Oct 9, 2021 6:40pm Oct 9, 2021 6:40pm
Quoting pipmaster77
{quote} Automated and instant within 30 days is what I'm hearing.
Hearing promises and actually seeing promises being fulfilled are two very different things. I guess "very shortly" means maybe around Christmas.
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Pride always comes before destruction.... -Proverbs 16:18
  • #4,469
  • Oct 10, 2021 2:17am Oct 10, 2021 2:17am
Quoting Masterrmind
The problem with almost all of these Prop Firms is that they tend to take on too much too soon
-In the case of MFF, I think that they just grew too quickly, beyond expectations. They have even admitted to that. Difficult to control that as a company unless you just decide to reject new signups, which brings with it a whole new can of worms and PR troubles.

Ultimately, every successful company will face growing pains, and for any company to expect that they will be prepared for everything is naive in my opinion; they can only try their best to do so. The most successful companies will be able to adapt quickly and overcome challenges effectively.

Maybe MFF did not prioritize account automation when they should have. Maybe they did not feel that it was needed at the time. However, you can bet that it will be prioritized now, and we can already see some of that automation happening.

At the end of the day, no business is perfect. Each trader has to weigh what is valuable to them and make their decisions accordingly. Similarly, MFF will weigh their priorities according to what they deem appropriate, along with what their target market will be in terms of the kind of traders that they wish to attract.
  • #4,470
  • Oct 10, 2021 3:42am Oct 10, 2021 3:42am
Quoting Masterrmind
{quote}...From my understanding though MFF has mentioned the possibility of cTrader but I don't recall them making a promise to implement it. Masterrmind ..........
MFF response on Sep 30 on their Discord:
"mt5 in 35 days + trading view charts and then about 2-4 weeks after that cTrader"

This was the first time ever they stated a time frame.
Money is made by sitting, not trading
  • #4,471
  • Oct 10, 2021 5:18am Oct 10, 2021 5:18am
Quoting Vitore
{quote} MFF response on Sep 30 on their Discord: "mt5 in 35 days + trading view charts and then about 2-4 weeks after that cTrader" This was the first time ever they stated a time frame.
Thanks for posting that info here.

Let's keep a close watch on that TF.

Masterrmind .........
Master your Mind then Master your Trades
  • #4,472
  • Oct 10, 2021 5:36am Oct 10, 2021 5:36am
Quoting Nsak3y
{quote}-In the case of MFF, I think that they just grew too quickly, beyond expectations. They have even admitted to that. Difficult to control that as a company unless you just decide to reject new signups, which brings with it a whole new can of worms and PR troubles. Ultimately, every successful company will face growing pains, and for any company to expect that they will be prepared for everything is naive in my opinion; they can only try their best to do so. The most successful companies will be able to adapt quickly and overcome challenges...
As mentioned several times it's the automation that was and is required.

Automation should have easily been foreseen.

I would argue that 99% of prop firm participants would have expected automation, better dashboards, faster and more efficient customer service.

No one expects perfection from a business but we are not even in the ballpark here as far as prop firms' go.

Of course, traders decide to take the plunge and have a go at the challenge or not but this is more about Prop Firms' that could have easily foreseen was was required and implemented it initially not several months down the track.

This wreaks of limited foresight, an inability to implement what was absolutely required for efficiency and a lack of cash flow.

MFF follows FTMO very very closely and so it's easy enough for them to have known what was required right from day 1!

I guess some firms already have what others don't but none of them are perfect although they certainly serve a purpose.

Both firms mentioned above are quite a distance in front of the next tier of 'competitor' props.

I look forward to seeing how other prop firms' in this space attempt to grab a competitive edge.

Masterrmind ...........
Master your Mind then Master your Trades
  • #4,473
  • Oct 10, 2021 5:49am Oct 10, 2021 5:49am
Quoting Takisd
Are we really doing this? Firm owners /teams in this thread ? I thought about BoB and that other guy we relegated firm responses to firm threads...... Mastermind, i need an adult.
Certainly less of the owners/teams in this thread would be great.

A single response post by an 'owner' to a directly related post might be ok but certainly no lengthy discussion.

That's simply not cool.

Masterrmind ..........
Master your Mind then Master your Trades
  • #4,474
  • Oct 10, 2021 8:15am Oct 10, 2021 8:15am
Quoting Masterrmind
{quote} As mentioned several times it's the automation that was and is required. Automation should have easily been foreseen. I would argue that 99% of prop firm participants would have expected automation, better dashboards, faster and more efficient customer service. No one expects perfection from a business but we are not even in the ballpark here as far as prop firms' go. Of course, traders decide to take the plunge and have a go at the challenge or not but this is more about Prop Firms' that could have easily foreseen was was required and implemented...
Hi Masterrmind

what happened to your recent MFF 2 challenge. Did you pass, I don't see your MFF TE that is why asking.

Thanks
MA provides the market's current direction and strength.
  • #4,475
  • Oct 10, 2021 8:17am Oct 10, 2021 8:17am
Quoting Koop
FMS Trader Pretty Blonde positioned for reeling in the thirsty. https://www.youtube.com/watch?v=zlMQZqM4YpA But don't let that sway you from the scathing reviews. https://www.trustpilot.com/review/fmstraders.com
Be very careful with those new firms
MA provides the market's current direction and strength.
  • #4,476
  • Oct 10, 2021 8:19am Oct 10, 2021 8:19am
Quoting Boulder
{quote} Just got MFF email, some paperwork needs be done before going live Congratulations! You are one step away from becoming a fully funded MFF trader. Very good job on achieving the target within time frame and with proper risk management. To get your live account up and running, we need to get you to read, understand, sign and scan back the attached Independent Contractor Agreement. You also need to provide us with the following 2 pieces of documents: 1. A government issue ID (such as Driver license, Passport, National ID card) 2. A utility...
Congratulations
MA provides the market's current direction and strength.
  • #4,477
  • Oct 10, 2021 8:47am Oct 10, 2021 8:47am
Quoting Masterrmind
{quote} As mentioned several times it's the automation that was and is required. Automation should have easily been foreseen. I would argue that 99% of prop firm participants would have expected automation, better dashboards, faster and more efficient customer service. No one expects perfection from a business but we are not even in the ballpark here as far as prop firms' go. Of course, traders decide to take the plunge and have a go at the challenge or not but this is more about Prop Firms' that could have easily foreseen was was required and implemented...

They were already building it, even counting down the days in discord.

As far as I am aware it was like 25 days from now that it was coming, but they rushed out some automation and now the provisioning is hours not days.

To me, there are severe compliance concerns automating something where a financial transaction has taken place. But thats just me knowing how nasty regulators can get.
  • #4,478
  • Oct 10, 2021 3:07pm Oct 10, 2021 3:07pm
Quoting Masterrmind
I would argue that 99% of prop firm participants would have expected automation, better dashboards, faster and more efficient customer service.
-And most of those expectations are seemingly coming from amateurs that know a lot about how to complain and little about what it takes to actually run a business. It's easy to throw around accusations about when/why/how a firm is doing this or should have done that etc., especially when they are not here to explain their reasoning.

It's funny how some of these prop firms get so much praise when things are going smoothly, but as soon as some small hiccup occurs, some people become ravenous and their loyalty quickly goes out the window. Honestly, when I read the comments in their discord, it seems like most of the 'traders' signing up are kids.

What these firms are offering is a blessing to most traders. There are many to choose from. Most of the delay-related complaints are questionable and cannot be taken seriously, and that is putting it kindly.
  • #4,479
  • Edited 4:24pm Oct 10, 2021 4:05pm | Edited 4:24pm
Quoting Nsak3y
{quote}-And most of those expectations are seemingly coming from amateurs that know a lot about how to complain and little about what it takes to actually run a business. It's easy to throw around accusations about when/why/how a firm is doing this or should have done that etc., especially when they are not here to explain their reasoning. It's funny how some of these prop firms get so much praise when things are going smoothly, but as soon as some small hiccup occurs, some people become ravenous and their loyalty quickly goes out the window. Honestly,...
Even FTMO had their growing pains. Auto provisioning wasn't available until about a year ago. Even then it was plagued with problems.

MFF unfortunately got hit with the FT refugees, who are for a majority of them are mentally challenged (to put it mildly). There's degen gamblers and then bottom feeders, and then there's FT refugees. I swear I lose brain cells every time I open that discord, with them running rampant talking nonsense.
Trade with confidence, trade without fear.
  • #4,480
  • Oct 10, 2021 6:20pm Oct 10, 2021 6:20pm
A good start to the week, phase 2 completed, evaluation passed successfully.

Now I'll reinvest the fee to do another challenge and scale up.
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Truth is like poetry. And most people f*cking hate poetry.
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