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  • #14,861
  • Edited 2:40am Apr 12, 2023 1:48am | Edited 2:40am
Is E8Funding getting shutdown?
I saw a review on trustpilot mentioning this, so I checked the UK gov website (https://find-and-update.company-info...filing-history)
And I have found this. I dont really know what it means but it doesnt look good from where im sitting.
Are we getting yet another firm dipping with our cash?
But on the contrary it seems that their main headquarters is located in Texas, and only the website(not the actual service), is located in the UK? Here is what is at the bottom of their main page: "This website is operated by E8 Funding LLC and/or E8 Funding LTD. with registration no. 13392694 with offices located at 20-22 WENLOCK ROAD LONDON ENGLAND N1 7GU and does not provide any of the investment services."
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  • #14,862
  • Apr 12, 2023 2:49am Apr 12, 2023 2:49am
Quoting Vitore
{quote} Absolutely legit. I've been paid once and expecting two more payments (two accounts) later this week
Good work mate. Keep is posted, please !

Btw, how's their payout process, any downtime ? Do they issue new credentials or you keep same account (with all history) ?
  • #14,863
  • Apr 12, 2023 3:03am Apr 12, 2023 3:03am
Quoting Capablanca
{quote} Good work mate. Keep is posted, please ! Btw, how's their payout process, any downtime ? Do they issue new credentials or you keep same account (with all history) ?
Thanks, I'll try as long as I don't burn the accounts
The good thing is you keep the same account, they only reset the balance after the profit split. You can see it in my Trade Explorer which has longer history than the 2 wks payout period
The not so good part is that there is some downtime during which you cannot trade the account. I think it is less than 24 hrs though so not a big deal. You can restart trading as soon as the payout is approved and the account reset. Last time they did it overnight. Then you wait for the money transfer to Deel but you can be trading again during that time.
Money is made by sitting, not trading
  • #14,864
  • Apr 12, 2023 3:59am Apr 12, 2023 3:59am
Quoting Vitore
{quote} Thanks, I'll try as long as I don't burn the accounts The good thing is you keep the same account, they only reset the balance after the profit split. You can see it in my Trade Explorer which has longer history than the 2 wks payout period The not so good part is that there is some downtime during which you cannot trade the account. I think it is less than 24 hrs though so not a big deal. You can restart trading as soon as the payout is approved and the account reset. Last time they did it overnight. Then you wait for the money...

you are the best

to me MFFX said to don't add logins to mql5 or forexfactory or similar! so please be careful, may be better to eliminate the trade explorer and just add screenshot of the dashboard?
in holiday till end of November
  • #14,865
  • Apr 12, 2023 4:02am Apr 12, 2023 4:02am
I need help

I'm using a supply demand indicator in tradingview that is nice I like it and it is helpful,

anyone can tell me if there is one very similar for MT5? if possible free.
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in holiday till end of November
  • #14,866
  • Apr 12, 2023 4:39am Apr 12, 2023 4:39am
Quoting forexbali
{quote} you are the best to me MFFX said to don't add logins to mql5 or forexfactory or similar! so please be careful, may be better to eliminate the trade explorer and just add screenshot of the dashboard?
Wow I didn't hear about that, thanks, maybe I better remove the explorer just for case. I wanted to expose my trading to become more responsible when other can watch but it doesn't seem working anyways - I still lose too much regardless - so I get rid of it to reduce the risk
Money is made by sitting, not trading
  • #14,867
  • Apr 12, 2023 7:58am Apr 12, 2023 7:58am
Quoting OrangeSoda
Is E8Funding getting shutdown? I saw a review on trustpilot mentioning this, so I checked the UK gov website (https://find-and-update.company-info...filing-history) And I have found this. I dont really know what it means but it doesnt look good from where im sitting. Are we getting yet another firm dipping with our cash? But on the contrary it seems that their main headquarters is located in Texas, and only the website(not the actual service), is located in the UK? Here is what is at the bottom of...
I inquired about this and they denied having a UK company. They are registered in Texas, USA and claim they are not associated with any UK company. But it's pretty clear that both companies were registered within 2 days of each other in May, 2021.
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  • #14,868
  • Apr 12, 2023 9:50am Apr 12, 2023 9:50am
Quoting Vitore
{quote} Wow I didn't hear about that, thanks, maybe I better remove the explorer just for case. I wanted to expose my trading to become more responsible when other can watch but it doesn't seem working anyways - I still lose too much regardless - so I get rid of it to reduce the risk
yes better you wait to ask them... when you will lose, if, this account, ask to them and deal with them. I have not used in my account so I could ask...

for example, I would like to use capitalise.ai that works with eightcap... they should say yes. Not urgent, but I have to ask to MFFX about that. Is like an EA... and directed by my formulas.

Up +1.8% I see a nice short on sp500 with RR 1:3 stop loss today highs, daily signals. Check daily charts.
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in holiday till end of November
  • #14,869
  • Edited 10:26am Apr 12, 2023 10:11am | Edited 10:26am
I put in the USA, Canada, UK and other countries, I think that a country with controls is better, I would not send money to a very corrupt country, we are going to see many companies that are Potential Scam, some bandits in a garage and a computer can do a lot of damage, I'm sure that everyone who has Prop Firms reads this forum and what we think for them to develop new companies, they already know what we want to trade
Be happy, friendly, humble and winner!!
  • #14,870
  • Apr 12, 2023 10:16am Apr 12, 2023 10:16am
Quoting Ak386
I put in the USA, Canada, UK and other countries, I think that a country with controls is better, I would not send money to a very corrupt country, we are going to see many companies that are Potential Scam, some bandits in a garage and a computer can do a lot of damage
The government can do a lot of damage as well with useless, blanket regulation. Plenty of scam brokers in the world that are "regulated" and I've used many great ones with no regulation at all.
It comes down to due dilligence and helping each other as a community. This thread is tremendous resource at doing just that.
Bottom line, I trust my unregulated broker/firm 100X more than I trust any government.
Famous Ronald Reagan quote......"I'm from the government and I'm here to help", START RUNNING
  • #14,871
  • Apr 12, 2023 11:12am Apr 12, 2023 11:12am
Quoting forexbali
{quote} this is my first day with 10K, hope to pass this challenge and then I will try for the 300K. if somebody will join in MFFX please use the code of Vittore suggested "CONQUER" you get 125% refund, 85% payout. And use "ECN" as affiliate, is my code. Doesn't cost anything to you. Thanks. {image}
Purchased the new 250k account using your affiliate code, hope they give some decent kick backs.

I hate eightcap(funded on TFT) but the no time limit and no restrictions around news and weekends that mffx offer trumps anything else at the moment. Hopefully, I can absorb the usual awful spreads and slippage and still come out OK. I use 0.5-0.75 risk per trade so will update once my EA takes a few trades.
  • #14,872
  • Apr 12, 2023 11:55am Apr 12, 2023 11:55am
Quoting smiley1910
{quote} Purchased the new 250k account using your affiliate code, hope they give some decent kick backs. I hate eightcap(funded on TFT) but the no time limit and no restrictions around news and weekends that mffx offer trumps anything else at the moment. Hopefully, I can absorb the usual awful spreads and slippage and still come out OK. I use 0.5-0.75 risk per trade so will update once my EA takes a few trades.
thank you very much! is the first time I earn something. I tried with forex IB but is impossible there.

I will try to set up a website, just 1 page, and to continue the job to keep focus just on the top 5-10 prop firms.

Perhaps are not organised so well as affiliate programs, so I still can't have decent coupons or special things. I will try to sort it out and thanks again this give me the power to continue!
in holiday till end of November
  • #14,873
  • Apr 12, 2023 11:56am Apr 12, 2023 11:56am
Quoting smiley1910
{quote} Purchased the new 250k account using your affiliate code, hope they give some decent kick backs. I hate eightcap(funded on TFT) but the no time limit and no restrictions around news and weekends that mffx offer trumps anything else at the moment. Hopefully, I can absorb the usual awful spreads and slippage and still come out OK. I use 0.5-0.75 risk per trade so will update once my EA takes a few trades.
Which program has 250K? you mean 200K or 300K?
in holiday till end of November
  • #14,874
  • Apr 12, 2023 12:28pm Apr 12, 2023 12:28pm
Quoting forexbali
{quote} Which program has 250K? you mean 200K or 300K?
Unsure if links are allowed but MFFX launched a promo last night where you can get a 2 stage 250k acc with 10% acc DD (https://twitter.com/MyFundedFX/statu...47162445676553)

This is what made me purchase and its a lot cheaper than the 300k challenge.

Spreads are very good, they are much lower than my TFT acc but my TFT acc is real whereas this is a demo account so I would imagine they will increase when I am funded and on a real acc.
  • #14,875
  • Apr 12, 2023 12:49pm Apr 12, 2023 12:49pm
Quoting smiley1910
{quote} Unsure if links are allowed but MFFX launched a promo last night where you can get a 2 stage 250k acc with 10% acc DD (https://twitter.com/MyFundedFX/statu...47162445676553) This is what made me purchase and its a lot cheaper than the 300k challenge. Spreads are very good, they are much lower than my TFT acc but my TFT acc is real whereas this is a demo account so I would imagine they will increase when I am funded and on a real acc.
perfect so this is the reason!
in holiday till end of November
  • #14,876
  • Apr 12, 2023 1:40pm Apr 12, 2023 1:40pm
Quoting forexbali
{quote} thank you very much! is the first time I earn something. I tried with forex IB but is impossible there. I will try to set up a website, just 1 page, and to continue the job to keep focus just on the top 5-10 prop firms. Perhaps are not organised so well as affiliate programs, so I still can't have decent coupons or special things. I will try to sort it out and thanks again this give me the power to continue!
Be careful. If FF caught you promoting your own page with affiliate codes I think your status will be changed to Commercial member (don't know what the implication of that).
  • #14,877
  • Apr 12, 2023 2:10pm Apr 12, 2023 2:10pm
Replying for future reference

Quoting Nsak3y
{quote}-I will add my thoughts... I've nothing else to do right now. 1. Good broker That does not cheat, good spread, good liquidity, minimum slippage -Every firm will believe that they are already offering this. 'Good' and 'minimum' are subjective. 2. Maximum daily drawdown 5%X -Why have daily draw-down at all? Why not just overall, max and static draw-down? 3. Overall Drawdown 10% to 12% -Percentages do not really matter here. They could offer 50% overall draw-down, but drop max account size to 20k. It's the same thing. 4. Profit target challenge...
  • #14,878
  • Apr 12, 2023 2:49pm Apr 12, 2023 2:49pm
Quoting forexbali
{quote} perfect so this is the reason!
Looks like they have changed their DD rules to worse:

https://intercom.help/myfundedfx/en/...-account-rules

I was planning to get their 250K account but not any more.
  • #14,879
  • Apr 12, 2023 3:19pm Apr 12, 2023 3:19pm
is nobody worried about this? doesnt MFFX use E8 as broker??

Quoting AaronPriest
{quote} I inquired about this and they denied having a UK company. They are registered in Texas, USA and claim they are not associated with any UK company. But it's pretty clear that both companies were registered within 2 days of each other in May, 2021. {image}
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #14,880
  • Apr 12, 2023 3:39pm Apr 12, 2023 3:39pm
Quoting Soros
is nobody worried about this? doesnt MFFX use E8 as broker?? {quote}
Eightcap is the broker used by many firms. E8 funding is an actually prop firm but they have their own feed. two separate entities.
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