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  • #6,761
  • Feb 27, 2022 12:49pm Feb 27, 2022 12:49pm
Quoting Capablanca
{quote} I had already an account with Deel. I just provided MFF with the email and name. Opening an account with Deel is pretty simple, online in the site, you just need to send ID document if I remember well. When money is received in Deel they send you an email alerting. You have 30 days to withdraw the money from Deel. I have already withdraw from Deel to Revolut and Wise, both free. Other options like Paypal and coinbase have costs. For bank wire I'm not sure, probably depends upon the destiny. BTW, MFF also pays in USDC if you want. You just...
Opened Deel account and got it verified today.

Ready now.
Intraday only.
  • #6,762
  • Feb 27, 2022 2:36pm Feb 27, 2022 2:36pm
BE CAREFUL of LUX TRADING.....PLEASE READ EMAIL SENT TO ALL OF THERE PROP TRADERS ****BELOW****

"We all know of the ongoing invasion of Ukraine by Russia. Lux Trading Firm strongly condemns this act of war. We have decided to request our traders not to trade, until further notice.

We ask this because A. is an extremely abnormal situation with extraordinary market conditions, and B. we find it highly unethical to make profits from the suffering of the Ukrainian people. We thus ask our traders to not open any new positions until further notice. Results of any position opened during this period will not count for passing an evaluation, nor will live profits have an effect on monthly results and payouts.

The owners of Lux Trading Firm also own a recreational area in Slovakia, close to the Ukrainian border. They have offered the local Slovak government the use of this area for humanitarian purposes."
  • #6,763
  • Feb 27, 2022 2:58pm Feb 27, 2022 2:58pm
Quoting Mtinifx
{quote} They look interesting - one could receive a payment within a week if one guns it but are they legit? I looked up their address. There is no "Grosvenor Garden" only "Grosvenor Gardens". Post Code SW1W 0AU . It's a Regus rented office complex. If they can't get their address right on the webpage - it looks dodgy to be honest BTW, you're looking really good on your 200k challenge - well done
That firm would be best to test the waters using minimal outlay I think.

I still have plenty of work to do on the 200K challenge so let's hope for some good fortune to continue.

The worst that could happen now is probably a repeat if I don't manage to hit 16K target within 2 weeks thereabouts.

Masterrmind ..........
Master your Mind then Master your Trades
  • #6,764
  • Feb 27, 2022 6:21pm Feb 27, 2022 6:21pm
Quoting Masterrmind
{quote} That firm would be best to test the waters using minimal outlay I think. I still have plenty of work to do on the 200K challenge so let's hope for some good fortune to continue. The worst that could happen now is probably a repeat if I don't manage to hit 16K target within 2 weeks thereabouts. Masterrmind ..........
there is extension upto 4 weeks
Intraday only.
  • #6,765
  • Feb 27, 2022 6:48pm Feb 27, 2022 6:48pm
Quoting AnthonyF
BE CAREFUL of LUX TRADING.....PLEASE READ EMAIL SENT TO ALL OF THERE PROP TRADERS ****BELOW**** "We all know of the ongoing invasion of Ukraine by Russia. Lux Trading Firm strongly condemns this act of war. We have decided to request our traders not to trade, until further notice. We ask this because A. is an extremely abnormal situation with extraordinary market conditions, and B. we find it highly unethical to make profits from the suffering of the Ukrainian people. We thus ask our traders to not open any new positions until further notice. Results...
Lol that's really funny email. Wtf they have to do with war.
Allergic to bullshitters, never argue with fools
  • #6,766
  • Feb 27, 2022 7:25pm Feb 27, 2022 7:25pm
Quoting Muhammedfx
{quote} Lol that's really funny email. Wtf they have to do with war.
Exactly, the markets DO NOT care. You either make money or lose money, black and white. That's it.
  • #6,767
  • Feb 27, 2022 11:03pm Feb 27, 2022 11:03pm
Quoting Masterrmind
{quote} I have also added Fino Trader to the list in Post 1. I was hoping some trader would give them a go and then report back here. If they turn out to be legit as far as making payments to successful traders reaching their targets then all good. However, if it turns out to be a bad Prop Firm I expect a timely update to this thread so all participants of this thread are made aware. Then I can go about updating Post 1 in an appropriate way. Masterrmind ..........
Hello Masterrmind

Is Finotrader owned and run by e8funding??

Can not understand, Clarification pls.
Have a look
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https://finotrader.com/page/e8funding-com
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  • #6,768
  • Feb 28, 2022 1:16am Feb 28, 2022 1:16am
lux



Dear traders,
We want to thank those traders who understand our warning for any exceptional market situation to be expected after all talks and decisions in the weekend of all sanctions given to Russia and expected counter-reaction was why we expected a big market movement where stop loses are not guaranteed and where we think it would also be unethical to trade on.
As we see that the most significant movement has settled, we resume our trading again, and we want to thank those traders who have supported this. Too those traders who did not understand this situation or had no sympathy for it, we think that they have to learn many more things in their trading career!
So we still warn traders to be careful as many reactions are still to be expected in the markets as this is not a standard market situation, and this can stay for a while.
Best regards,
Lux Trading Department.

  • #6,769
  • Feb 28, 2022 2:20am Feb 28, 2022 2:20am
I have 3 Challenge-type prop firms on my list.
1. FTMO
2. MFF (currently funded with 100K)
3. The Funded Trader

I would like to add additional 1 or 2 to the list.

Can anyone recommend some firms that are sound (only 2-step Challenge prop firms)?
  • #6,770
  • Feb 28, 2022 3:50am Feb 28, 2022 3:50am
Quoting endgame99
I have 3 Challenge-type prop firms on my list. 1. FTMO 2. MFF (currently funded with 100K) 3. The Funded Trader I would like to add additional 1 or 2 to the list. Can anyone recommend some firms that are sound (only 2-step Challenge prop firms)?
What I care, first, is if they pay or not. Using this criteria, I got paid 4 times by True Forex (Dez to Feb - they pay each 14 days) and 1 time by The Prop Trading (in Dec - I'm now in profit and will be receiving another in the next couple of days).

I wrote a review for True forex here:
https://www.forexfactory.com/thread/...8#post13876118
It's still pretty much the same I wrote.
A note: They say in the site that withdraws can be done in crypto but this is not true (they say they're working on it - the only way is withdraw to Deel and from Deel to Coinbase).

I thought I had written a review for The Prop Trading but I can't find it. I probably haven't. I'll try to do that as soon as I can.

NOTE: being paid doesn't mean that they will keep paying. A lot of people got paid by Funding Talent which went bust
  • #6,771
  • Feb 28, 2022 4:44am Feb 28, 2022 4:44am
Quoting navk
{quote} there is extension upto 4 weeks
Yes but I think the account has to be at least 75% to the target otherwise it can be requested separately.

In any case, plenty of time left yet but the playground is dangerous at the moment.

The dashboard might also indicate that an extension is possible if conditions are satisfied.

I'll keep the thread posted.

Masterrmind .........
Master your Mind then Master your Trades
  • #6,772
  • Feb 28, 2022 5:11am Feb 28, 2022 5:11am
Quoting MwlRCT
{quote} Hello Masterrmind Is Finotrader owned and run by e8funding?? Can not understand, Clarification pls. Have a look https://finotrader.com/page/e8funding-com {image}
Certainly appears that way but I cannot confirm it either way.

If another trader here knows for certain please advise.

Masterrmind .........
Master your Mind then Master your Trades
  • #6,773
  • Feb 28, 2022 6:56am Feb 28, 2022 6:56am
Quoting MwlRCT
{quote} Hello Masterrmind Is Finotrader owned and run by e8funding?? Can not understand, Clarification pls. Have a look https://finotrader.com/page/e8funding-com {image}
Finotrader is one of the great mysteries of the prop trading universe

https://finotrader.com/page/funding-...p-firm-or-scam
  • #6,774
  • Feb 28, 2022 7:56am Feb 28, 2022 7:56am
Quoting qazaq
{quote} Finotrader is one of the great mysteries of the prop trading universe https://finotrader.com/page/funding-...p-firm-or-scam
WTF??? That page talks about the 2 prop firms that have gone out of business. Very strange indeed.
  • #6,775
  • Feb 28, 2022 12:26pm Feb 28, 2022 12:26pm
Quoting endgame99
I have 3 Challenge-type prop firms on my list. 1. FTMO 2. MFF (currently funded with 100K) 3. The Funded Trader I would like to add additional 1 or 2 to the list. Can anyone recommend some firms that are sound (only 2-step Challenge prop firms)?
Can't recommend a number 4 but for number 5 maybe E8 Funding? They offer a free trial and nice dashboard. Spreads and slippage not so good, but if you are a swing trader its not too bad.
Your worst drawdown is yet to come
  • #6,776
  • Edited 2:09pm Feb 28, 2022 12:40pm | Edited 2:09pm
Quoting Muhammedfx
{quote} Lol that's really funny email. Wtf they have to do with war.
That's obviously quite reasonable.
They were securing their investor's money because, due to the current geopolitical situation, anything could happen at the market open on Sun.
Your trading style, sitting half a year on 0.01 lot trade in 400 pips loss, can not be affected by such market conditions of course.

But they could put moralizing away though.
  • #6,777
  • Feb 28, 2022 12:44pm Feb 28, 2022 12:44pm
Quoting qazaq
{quote} Finotrader is one of the great mysteries of the prop trading universe https://finotrader.com/page/funding-...p-firm-or-scam
That's a good catch. They have funding talent directly in the URL.

Always make a screenshots
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  • #6,778
  • Feb 28, 2022 5:58pm Feb 28, 2022 5:58pm
Quoting Capablanca
{quote} I sent the request when I got the funded account credentials (day 1) Request was processed on day 2, confirmed payment initiation on day 3 and received in Deel on day 4.
Thanks for your info, After reading your comment, I set up Deel account and got bonus from MFF within 3 days....I almost forgot about that money..
here is their email....I just love MFF..
..
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  • #6,779
  • Feb 28, 2022 7:12pm Feb 28, 2022 7:12pm
THIS IS A STRONG WARNING TO STAY AWAY FROM FINOTRADER.COM AT ALL COST!

Will provide details later after I do a charge-back from my credit card so I can have my evaluation fee back.

I regret ignoring all the red flags and choosing to be a "guinea pig" after clicking on someone's affiliate link on this thread. Don't be stupid like me!
Amor Fati--F. Nietzsche
  • #6,780
  • Feb 28, 2022 8:37pm Feb 28, 2022 8:37pm
Quoting doji
THIS IS A STRONG WARNING TO STAY AWAY FROM FINOTRADER.COM AT ALL COST! Will provide details later after I do a charge-back from my credit card so I can have my evaluation fee back. I regret ignoring all the red flags and choosing to be a "guinea pig" after clicking on someone's affiliate link on this thread. Don't be stupid like me!
waiting to see what happened exactly
Allergic to bullshitters, never argue with fools
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