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  • #19,221
  • Aug 30, 2023 2:59pm Aug 30, 2023 2:59pm
Quoting ashark69
{quote} I was about to sign with them, problem is, they have 2 min news rule, and I use tps a lot (no sls), from my understanding if during news tps are hit, they will cancel your account. Does someone struggle with this type of rule? or everyone here are short term scalpers that easily avoid news and never have positions opened during events?
This situation can be challenging for those who frequently use take profits in their strategy. However, when considering it from another angle, such a rule could serve as a form of protection against significant risk during important news events when the market can be especially unpredictable.
  • #19,222
  • Aug 30, 2023 3:12pm Aug 30, 2023 3:12pm
Quoting Capablanca
{quote} I see I'm not the only one very cynically when dealing with prop firms. Starting from not believing that "we earn when you earn" or "we're here to help you succeed". I think it's too many years dealing with too many props.
Why are proprietary firms so stubborn? Because when you're with them, they always try to earn!
  • #19,223
  • Aug 30, 2023 7:04pm Aug 30, 2023 7:04pm
Quoting Boulder
{quote} Lol, I thought you only have three followers the other day . Kathy must be desperate for more followers to follow her back .
yea she is VERY desperate
Pride always comes before destruction.... -Proverbs 16:18
  • #19,224
  • Aug 30, 2023 8:02pm Aug 30, 2023 8:02pm
Quoting ashark69
{quote} I was about to sign with them, problem is, they have 2 min news rule, and I use tps a lot (no sls), from my understanding if during news tps are hit, they will cancel your account. Does someone struggle with this type of rule? or everyone here are short term scalpers that easily avoid news and never have positions opened during events?
Its ok if your stop loss or take profit is tagged during the 4 minute window. The only issue is when a new trade is executed.

They say that if a new trade is executed in the 4 minute window, then it will be up to the risk team whether you get a violation, but apparently, as long as your not straddling news with excessive/unusual risk, then it should be ok.
  • #19,225
  • Aug 30, 2023 8:29pm Aug 30, 2023 8:29pm
Quoting Paulscaff1
{quote} Its ok if your stop loss or take profit is tagged during the 4 minute window. The only issue is when a new trade is executed. They say that if a new trade is executed in the 4 minute window, then it will be up to the risk team whether you get a violation, but apparently, as long as your not straddling news with excessive/unusual risk, then it should be ok.
"up to the risk team" and "should be OK" are problems. Although, as much as I have always despised their instant funding crap, I am 99% confident they would do right by the trader. Put those phrases with another firm and I'd stay far, far away.
  • #19,226
  • Aug 30, 2023 8:46pm Aug 30, 2023 8:46pm
Quoting pipmaster77
{quote} "up to the risk team" and "should be OK" are problems. Although, as much as I have always despised their instant funding crap, I am 99% confident they would do right by the trader. Put those phrases with another firm and I'd stay far, far away.
very correct.

The 2 + 2 minute rule always bother me.

TFF, MFF Myfundedfx, FXIFY do not have such rules.
Intraday only.
  • #19,227
  • Aug 30, 2023 8:54pm Aug 30, 2023 8:54pm
Quoting navk
{quote} very correct. The 2 + 2 minute rule always bother me. TFF, MFF Myfundedfx, FXIFY do not have such rules.
FTMO Swing, TFTP Royal do not either.
  • #19,228
  • Aug 30, 2023 11:26pm Aug 30, 2023 11:26pm
Quoting ashark69
{quote} I was about to sign with them, problem is, they have 2 min news rule, and I use tps a lot (no sls), from my understanding if during news tps are hit, they will cancel your account. Does someone struggle with this type of rule? or everyone here are short term scalpers that easily avoid news and never have positions opened during events?
They have indeed that rule. As far as I could find out before joining them, if you have a trade running for a couple of hours and then SL or TP is hit during the news release, this should not be a problem. Although this is subjective, my avg trade duration in 5ers is 12h54m and they are in the market for a long time without much claims about shady behavior so I trust I should be fine. That's why I decided to give them a shot.
  • #19,229
  • Aug 30, 2023 11:30pm Aug 30, 2023 11:30pm
Quoting KoyaAndy18
do 5ers gives discounts from time to time like 20%+ discounts or they are like MFF who rarely announce promotions.
In Telegram I don't see them doing discounts often. I joined when they did 20% in June.
  • #19,230
  • Aug 31, 2023 12:14am Aug 31, 2023 12:14am
Trueforexfunds starts to play 'interview' card. From their discord:

'Well I just want to know from the community if everyone had to do this interview to get the payout.
Since I just get the email if I don't do the interview and answer the 4 questions, my payout will not be processed any further. 55k withdrawal. '

'TFF has asked me for an interview as well. They did not say it was required for me to get my payout in the email however my account has been “under review” status exceptionally long. My payout date was 8/24 and it’s now 8/29 and still says “under review.”'
  • #19,231
  • Aug 31, 2023 1:12am Aug 31, 2023 1:12am
today i will be able to receive my 1st payout from true forex funds along with refund
i have no idea how long it will take
however all these payouts are really very small when compared to disaster and loss i have been gone through and all will go in paying debt and emi
do anyone have idea?? why it is showing "under review" and how long it takes to enable the payout request button
because i think if this "under review" not gets corrected today may be then instead of 31st august, 2023 my 1st withdrawal payout date will be after 14 days
Attached Image(s) (click to enlarge)
Click to Enlarge Name: before payout request.jpg Size: 182 KB
Click to Enlarge Name: profit split.jpg Size: 172 KB
  • #19,232
  • Aug 31, 2023 2:41am Aug 31, 2023 2:41am
Quoting genuine007
today i will be able to receive my 1st payout from true forex funds along with refund i have no idea how long it will take however all these payouts are really very small when compared to disaster and loss i have been gone through and all will go in paying debt and emi do anyone have idea?? why it is showing "under review" and how long it takes to enable the payout request button because i think if this "under review" not gets corrected today may be then instead of 31st august, 2023 my 1st withdrawal payout date will be after 14 days {image} {image}...
Well done. Slowly you'll recover from those disasters.

In TFF the payout procedure is very obsolete:
1. On payout day (D) they put your account under review. Don't trade any longer your account because they will provide new credentials
2. Usually it stays under review until lunch time (london time)
3. You then receive an email saying it is approved and asking you to configure the payout
4. You go to the dashboard to define how you want to receive it (Deel, crypto, etc.)
5. They may pay you on still on D day or early the next day (D+1)
6. On D+1, usually around mid afternoon (London time) they send you the credentials for the new account
7. It counts 14 days again from first trade in that new account

So, basically you can't trade on D day and most of D+1.
Almost 2 business days in each payout cycle of 14 days. It's a joke but I think they are not interested in improving this because it's good for them that traders can't trade 2 business days in each cycle of 14 days.
  • #19,233
  • Aug 31, 2023 2:46am Aug 31, 2023 2:46am
Quoting ladder
Trueforexfunds starts to play 'interview' card. From their discord: 'Well I just want to know from the community if everyone had to do this interview to get the payout. Since I just get the email if I don't do the interview and answer the 4 questions, my payout will not be processed any further. 55k withdrawal. ' 'TFF has asked me for an interview as well. They did not say it was required for me to get my payout in the email however my account has been “under review” status exceptionally long. My payout date was 8/24 and it’s now 8/29 and still...

From time to time we hear things about TFF. Not sure if this is true. It would be silly because it's not mandatory that people speak English (verbally).
One things is to be able to write and read, which is fine using google translator or such. Another thing is to speak.
What they deserve is that people say yes and then speak in the most boring and horrible English they can find.
  • #19,234
  • Aug 31, 2023 3:44am Aug 31, 2023 3:44am
Quoting Capablanca
{quote} Well done. Slowly you'll recover from those disasters. In TFF the payout procedure is very obsolete: 1. On payout day (D) they put your account under review. Don't trade any longer your account because they will provide new credentials 2. Usually it stays under review until lunch time (london time) 3. You then receive an email saying it is approved and asking you to configure the payout 4. You go to the dashboard to define how you want to receive it (Deel, crypto, etc.) 5. They may pay you on still on D day or early the next day (D+1) 6....
thanks for the detailed information
that new credentials is new info, means every payout new credentials..
  • #19,235
  • Aug 31, 2023 3:51am Aug 31, 2023 3:51am
yes, payout confirmed
1st payout from true forex funds
feeling good for the payout
Attached Image(s) (click to enlarge)
Click to Enlarge Name: configure.jpg Size: 143 KB
Click to Enlarge Name: 321 and refund.jpg Size: 148 KB
Click to Enlarge Name: withdrawal approved.jpg Size: 80 KB
Click to Enlarge Name: new account.jpg Size: 127 KB
  • #19,236
  • Aug 31, 2023 4:26am Aug 31, 2023 4:26am
Quoting genuine007
{quote} thanks for the detailed information that new credentials is new info, means every payout new credentials..
Yep, new accounts for each payout. We never keep a whole history of our trade in TFF.
  • #19,237
  • Aug 31, 2023 4:56am Aug 31, 2023 4:56am
so for a payout of 400 bucks they take a min to approve but for 50k takes almost a week or even more? i guess they are waiting on his response yay or nay. if he has a 400k account 50k payout is a tad over 10%. i don t think he s obligated to do any sorts of interview in order to get the payout. it s not about English language but if u feel comfortable with that i gues. TFF doesn t look trustworthy at all. not the first time i read crap about them.
@ladder keep us posted and good luck.
  • #19,238
  • Aug 31, 2023 5:09am Aug 31, 2023 5:09am
Quoting 1odi
so for a payout of 400 bucks they take a min to approve but for 50k takes almost a week or even more? i guess they are waiting on his response yay or nay. if he has a 400k account 50k payout is a tad over 10%. i don t think he s obligated to do any sorts of interview in order to get the payout. it s not about English language but if u feel comfortable with that i gues. TFF doesn t look trustworthy at all. not the first time i read crap about them. @ladder keep us posted and good luck.
absolutely no need to risk working with TFF without first maxing out all the solid options.
  • #19,239
  • Aug 31, 2023 5:16am Aug 31, 2023 5:16am
Quoting navk
{quote} Funded account will be traded in different manner. Trading system would be same but with ABSOLUTELY NO RISK the funded account will be traded. My aim is to earn 300 to 500 bucks in each 100 k everyday.
Hi navk, how much risk in % do u take per trade by funded accounts and how many trades in average do u take per day? Thanks
  • #19,240
  • Aug 31, 2023 5:24am Aug 31, 2023 5:24am
Quoting LehmanBrotha
{quote} absolutely no need to risk working with TFF without first maxing out all the solid options.
After maxing out FTMO and MFF which one appears most solid to max out?
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