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  • #18,561
  • Aug 14, 2023 5:28am Aug 14, 2023 5:28am
Quoting Nehemah
{quote} Stats about the super winners are not interested for me (probably totally fake) But, regarding these super loosers : A total of 181 challenges without a payout ? Not impossible but difficult. I know that only 0.3% reach a payout on MFF and this is worse. But with a little bit of patience (and no skill), reach a payout, being funded, is possible in the 95% of the cases.
MFF has been releasing stats on social media the last 3 months. Based on the last post, 25% of the 8% who reach live get paid out.
  • #18,562
  • Aug 14, 2023 5:44am Aug 14, 2023 5:44am
Quoting Takisd
{quote} MFF has been releasing stats on social media the last 3 months. Based on the last post, 25% of the 8% who reach live get paid out.
that is only 2% accounts reach payout then,,,
Anyone who got a payout from any prop firm should be proud that you are a good trader compared to most people...
if you got multi payouts, you are one of the top 1% traders in the world
  • #18,563
  • Aug 14, 2023 6:31am Aug 14, 2023 6:31am
An interseting stat, although impossible to obtain, unless the survey was presented before purchasing a challenge......
What % of traders who have been trading 3 years, 5 years, etc. obtain a payout?
What % of traders witha positive ROI on a personal account obtain a payout?
After all, this is who these firms are designed for, folks who can trade but are undercapitalized or folks who simply want 20X more value for their "fee". Eevn if you have a 7 figure personal account, why not pay $5K and get 1 million, which, essentially is another 100-120K (DD) to trade.
Grouping traders who have never placed a trade in their life into the stats skews the numbers....once again what % of traders with no experience deposit money in a personal account and never see a withdrawal. What are the ROIs on those traders?
It's all relative, yet the props are made out to be the big, bad, wolf....yet brokers are ATLEAST as bad, if not WORSE.
  • #18,564
  • Aug 14, 2023 6:48am Aug 14, 2023 6:48am
Quoting Boulder
{quote} that is only 2% accounts reach payout then,,, Anyone who got a payout from any prop firm should be proud that you are a good trader compared to most people... if you got multi payouts, you are one of the top 1% traders in the world
The problem is that 95% of traders are desperate for big profits and have no education or strategy, thats why prop firms and retail brokers is more profitable than institutional brokers
  • #18,565
  • Aug 14, 2023 7:49am Aug 14, 2023 7:49am
Quoting pipmaster77
yet brokers are ATLEAST as bad, if not WORSE.
-Maybe things will change, but for now, I do think that some brokers are able to distance themselves better, whereas most remote props are genuinely not positioned well to handle too many profitable traders.
  • #18,566
  • Aug 14, 2023 7:51am Aug 14, 2023 7:51am
anyone experiencing MT4 disconnected and then connected again very often today with MFF?
I'm 100% sure my internet is fine, and it doesn't happen to another broker I use
In the end its just a stupid numbers game
  • #18,567
  • Aug 14, 2023 8:22am Aug 14, 2023 8:22am
lol FTMO reinstated my account that they autoclosed because they didn't change their system to no time limit, but they didn't reinstate the positions they autoclosed... Now waiting on that.

A bit amateurish for one of the industry leaders.
  • #18,568
  • Aug 14, 2023 8:59am Aug 14, 2023 8:59am
Quoting Boulder
{quote} that is only 2% accounts reach payout then,,, Anyone who got a payout from any prop firm should be proud that you are a good trader compared to most people... if you got multi payouts, you are one of the top 1% traders in the world
Stop talking about yourself.
  • #18,569
  • Aug 14, 2023 9:12am Aug 14, 2023 9:12am
Quoting OutThere
{quote} Stop talking about yourself.
you are funny,,,
a lot of those proud traders in this thread,,,..
  • #18,570
  • Aug 14, 2023 10:09am Aug 14, 2023 10:09am
MFF account analyzer down.....anyone else?
Trading is fine.
  • #18,571
  • Aug 14, 2023 10:13am Aug 14, 2023 10:13am
Quoting pipmaster77
MFF account analyzer down.....anyone else? Trading is fine.
yes ,,same here,,
  • #18,572
  • Aug 14, 2023 10:14am Aug 14, 2023 10:14am
Quoting pipmaster77
MFF account analyzer down.....anyone else? Trading is fine.
my mff-analyzer is working
Muni loves you all!
  • #18,573
  • Aug 14, 2023 10:43am Aug 14, 2023 10:43am
Quoting pipmaster77
MFF account analyzer down.....anyone else? Trading is fine.
working for me
Intraday only.
  • #18,574
  • Aug 14, 2023 10:50am Aug 14, 2023 10:50am
Quoting navk
{quote} working for me
back up now.
  • #18,575
  • Aug 14, 2023 11:45am Aug 14, 2023 11:45am
Quoting MwlRCT
{image} Copy & Paste from Telegram {quote}
I've been a few days off and I'm just catching up. Funny to see E8 turning into unlimited because Dylan in Telegram said that they were not sheep to follow others and unlimited was not being considered.
  • #18,576
  • Edited 12:22pm Aug 14, 2023 12:00pm | Edited 12:22pm
Just a bit update from my side:

1. MFFx -> I've already received the 4th payout. Despite being an 8crap, so far so good. Payouts in Deel the day after (unfortunately no crypto payouts available). They have one of the best payout processes (if not the best) because we request the payout, that is immediately deducted from the account and we can go on trading without interruptions.

2. FXIFY -> 3rd payout received. The first one is requested immediately after we close the first trade, if that's positive. They pay in Deel the next business day.

3. Alpha Capital -> they are very obsolete. 4 business days to provide the funded credentials. They say it's to set up risk parameters, based in the challenge phases. Laughable.
For the payout they take 48 business hours (Deel). And they don't track the promotion code used. I used a code to purchase the challenge, which entitled my to receive 1xx% refund, but apparently I should have written that in the notes (WTF ?!). They only refunded 100%. They said that they will process the remaining in the next payout.
This, to me, shows the (bad) nature of a company. On FXIFY they made a similar mistake with the refund and in less than one hour they credited the difference in Deel.

4. 5ers -> about to receive the first payout. I'll report back when that happens. The good thing is that it is like MFFx. Amount deducted immediately from the account and we can go on trading.
  • #18,577
  • Aug 14, 2023 12:09pm Aug 14, 2023 12:09pm
Quoting Capablanca
{quote} I've been a few days off and I'm just catching up. Funny to see E8 turning into unlimited because Dylan in Telegram said that they were not sheep to follow others and unlimited was not being considered.
They are also denying payments to some large accounts with very questionable copy trading accusations.
  • #18,578
  • Aug 14, 2023 12:20pm Aug 14, 2023 12:20pm
Quoting TraderTero
{quote} They are also denying payments to some large accounts with very questionable copy trading accusations.
That's weird because he also said in Telegram that despite they worked on a pool with other props, some months, to ban cheaters, they had stop doing that and share no information with anyone.
If this is not an internal match, with solid proof (which is acceptable), then it's very bad for the image of honesty that they were trying to build.
  • #18,579
  • Aug 14, 2023 12:22pm Aug 14, 2023 12:22pm
Quoting Capablanca
Just a bit update from my side: 1. MFFx -> I've already received the 4th payout. Despite being an 8crap, so far so good. Payouts in Deel the day after (unfortunately no crypto payouts available). They have one of the best payout processes (if not the best) because we request the payout, that is immediately deducted from the account and we can go on trading without interruptions. 2. FXIFY -> 3rd payout received. The first one is requested immediately after we close the first trade, if that's positive. They pay in Deel the next business day. 3. Alpha...
I absolutely love MFFX because of its fast payout,, Today I got my 9th payout from them, I have maxed out capital.
I wish they can raise to $600K for two steps instead $300K max. since I don't use one-step program.
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  • #18,580
  • Aug 14, 2023 12:23pm Aug 14, 2023 12:23pm
so here is the latest updates after 1 week
and this update is very bad
all gains lost.. live accounts are below the initial balance now as you can see
have no energy to write big.. as i travelling a lot from 2 days... very tired.
stop losses got hit.. nothing done manually...
will rest compeletely tomorrw.. correct my psychology and then from wednesday i will find trades
first i will target to come to breakeven forget about profit now
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