Prop Firm Hub | Page 1143 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

  • #22,841
  • Sep 25, 2023 3:55pm Sep 25, 2023 3:55pm
Quoting Takisd
{quote} How about like 500 pakistani people? Because their middle man screwed them over. Lets start there...
Any example with proofs ? I do not believe you one word. And do not come with Vietnam, that country was excluded to participate as there were too many ID frauds.
  • #22,842
  • Sep 25, 2023 3:59pm Sep 25, 2023 3:59pm
Anyone tried https://ospreyfx.com/ funded accounts?
  • #22,843
  • Sep 25, 2023 4:00pm Sep 25, 2023 4:00pm
Quoting TrAndy1
{quote} Any example with proofs ? I do not believe you one word. And do not come with Vietnam, that country was excluded to participate as there were too many ID frauds.
You dont have to believe me. I am not here to convince you of anything. They even posted about it in their discord - which shows just how much you are following them. Moving along.
  • #22,844
  • Sep 25, 2023 4:12pm Sep 25, 2023 4:12pm
Quoting TrAndy1
{quote} Because you can loose 100% of your deposit on a personal account. You cannot loose that much on a funded account where you get high value of your invested challenge fee. Big difference. On a 200k account your risk is like 1k. If you traded the same on personal you risk would be equivalent = 20k. So 1k loss on prop firm versus 20k loss on personal account (for that 200k account from prop with 10% max. DD as example here). Which loss would you prefer ?
Maths not your strong point is it
every Saint has a past. Every Sinner has a Future
  • #22,845
  • Sep 25, 2023 4:26pm Sep 25, 2023 4:26pm
Quoting TrAndy1
{quote} Because you can loose 100% of your deposit on a personal account. You cannot loose that much on a funded account where you get high value of your invested challenge fee. Big difference. On a 200k account your risk is like 1k. If you traded the same on personal you risk would be equivalent = 20k. So 1k loss on prop firm versus 20k loss on personal account (for that 200k account from prop with 10% max. DD as example here). Which loss would you prefer ?
Exactly. However, I believe he is stating the writing is on the wall, so here is your next best option....
Otherwise, I never really understood the haters coming in here, other than the fact that possibly they could not pass.
I mean, pay 1K, get 20K in available loss, the 1K is refunded and ZERO of your own money is at risk. It's a no-brainer.
Even when you apply the fact of flipping in stage 1 and 50% in stage 2, your $1K would become $3K, apply 80% to the 20K max loss and it is 16K........so in relaity, you are getting the equivalent of a 16K account for 3K.......hence, your scores of 5+
  • #22,846
  • Sep 25, 2023 4:34pm Sep 25, 2023 4:34pm
Has anybody been paid through Wise and if so what does the prop firm ask for? email?

When I'm on the Wise site it doesn't seem very intuitive for receiving money. Seems confusing to me.

Maybe I should message Angelo but I don't want to interrupt his next scam plan while on vacation
Pride always comes before destruction.... -Proverbs 16:18
  • #22,847
  • Sep 25, 2023 4:38pm Sep 25, 2023 4:38pm
Quoting Boulder
{quote} did you see this? {image}
Yes, please shut the correct firms down and bring MFF back!!!!!!!!!
  • #22,848
  • Sep 25, 2023 4:41pm Sep 25, 2023 4:41pm
Quoting Expo33
Has anybody been paid through Wise and if so what does the prop firm ask for? email? When I'm on the Wise site it doesn't seem very intuitive for receiving money. Seems confusing to me. Maybe I should message Angelo but I don't want to interrupt his next scam plan while on vacation
I do crypto always. I believe I used Wise with TFF or TFTP over a year ago, honestly do not recall the process, but I do remeber being very confused on their website.
  • #22,849
  • Sep 25, 2023 4:44pm Sep 25, 2023 4:44pm
Quoting DeltaCapital
Anyone tried https://ospreyfx.com/ funded accounts?
10%/8% for phase 1/2 profit targets. Weird verification consistency rule. 10 minimum trading days. $600 for 100K account. 70% payout for funded account.

No, No, No, No, and NO!
Pride always comes before destruction.... -Proverbs 16:18
  • #22,850
  • Sep 25, 2023 4:48pm Sep 25, 2023 4:48pm
Quoting pipmaster77
{quote} I do crypto always. I believe I used Wise with TFF or TFTP over a year ago, honestly do not recall the process, but I do remeber being very confused on their website.
Yea, they let me request crypto. Put in my wallet address and 3 days later I got the payment rejected email. So I put in a request through Wise but The Funded Flinstones didn't ask for any info from me other than having my email address. I imagine I'll get some problematic message from them in the future.
Pride always comes before destruction.... -Proverbs 16:18
  • #22,851
  • Sep 25, 2023 4:50pm Sep 25, 2023 4:50pm
Quoting Expo33
{quote} 10%/8% for phase 1/2 profit targets. Weird verification consistency rule. 10 minimum trading days. $600 for 100K account. 70% payout for funded account. No, No, No, No, and NO!
and https://kot4x.com/ broker has funded accounts too, i wanted a no kyc broker so i could withdraw in crypto and dont pay taxes ehehe
Anyone that withdraws in crypto from other prop firms you guys declare them?
  • #22,852
  • Sep 25, 2023 4:51pm Sep 25, 2023 4:51pm
Quoting Expo33
{quote} Yea, they let me request crypto. Put in my wallet address and 3 days later I got the payment rejected email. So I put in a request through Wise but The Funded Flinstones didn't ask for any info from me other than having my email address. I imagine I'll get some problematic message from them in the future.
Yes, I was using crypto even when Deel was an option. Haven't requested from them since the Deel fiasco.
  • #22,853
  • Sep 25, 2023 5:22pm Sep 25, 2023 5:22pm
Quoting Expo33
Has anybody been paid through Wise and if so what does the prop firm ask for? email? When I'm on the Wise site it doesn't seem very intuitive for receiving money. Seems confusing to me. Maybe I should message Angelo but I don't want to interrupt his next scam plan while on vacation
Make sure same email registered for TFT and wise.

Last time i received an email from wise, "TFT wants to send you money" click the link, enter wise bank account details, must be a USD account, so set one up in wise if you don't have already.
  • #22,854
  • Sep 25, 2023 5:26pm Sep 25, 2023 5:26pm
Quoting rizla101
{quote} Make sure same email registered for TFT and wise. Last time i received an email from wise, "TFT wants to send you money" click the link, enter wise bank account details, must be a USD account, so set one up in wise if you don't have already.
Thank You!
Pride always comes before destruction.... -Proverbs 16:18
  • #22,855
  • Sep 25, 2023 6:14pm Sep 25, 2023 6:14pm
Quoting TrAndy1
This is the typical payout claim on trustpilot, which turns out to be, that the trader cheated. Typical they were caught in using a HFT EA to make kind of guaranteed gains by exploting the datafeed from the broker. You cannot do that nowhere. If any prop firm does allow this you will not get a payout very probably. Just said. hope this is a mistake from BFP I am awaiting my payout request since friday..no actrivity on my account at all today Suddenly I receive an email for a hard breach! I dont use EA's I trade manually..I trade normally..nothing...
Hi Andy,
It's clear you must have become too profitable. This is the same tactic the FX bucket shops will use. If you weren't' using EA's what else could it be?
Sorry this has happened to you. Best of trades to you in the days ahead.
  • #22,856
  • Sep 26, 2023 12:34am Sep 26, 2023 12:34am
Quoting Boulder
{quote} did you see this? {image}
Rocket we knew but who is the third one in the top 10 ?
  • #22,857
  • Sep 26, 2023 12:43am Sep 26, 2023 12:43am
Quoting nebby
{quote} Sorry to hear this happened to you - how frustrating... With my Top Tier Trader account I also got caught up in the whole move to Trade Locker. I had no interest in using that though so I requested them to move me to Osprey (which they did and they also kept the bonus amount in the migrated account). I've been trading my funded account for a week now and so wait with bated breath to see if they accept my payout request in a few weeks time...
All the best mate. I have a theory that scammers don't screw everyone, otherwise they sink too fast. So you may get it. Fingers crossed.

Many people had/have problems with Funded Next and I was able to get a good chunk of money from them (despite I still didn't/don't trust them a little bit).
  • #22,858
  • Sep 26, 2023 12:50am Sep 26, 2023 12:50am
Quoting DeltaCapital
{quote} and https://kot4x.com/ broker has funded accounts too, i wanted a no kyc broker so i could withdraw in crypto and dont pay taxes ehehe Anyone that withdraws in crypto from other prop firms you guys declare them?
That broker doesn't have KYC ? I understand you objective but that's quite scaring

For the crypto withdraws from props, in my country all is considered income, no matter if you withdraw in USD, crypto or in golf balls. You may not report them to tax services if you withdraw to an anonymous self custody address (assuming that props won't report in CRS or to tax services).

But at some point you probably will need to convert that crypto into fiat currency and may use an exchange with KYC. Depending on the country, this can be considered a serious offense, in some of them even criminal intentional behavior with jail time in the line.
  • #22,859
  • Sep 26, 2023 12:54am Sep 26, 2023 12:54am
Quoting acetrader
{quote} Hi Andy, It's clear you must have become too profitable. This is the same tactic the FX bucket shops will use. If you weren't' using EA's what else could it be? Sorry this has happened to you. Best of trades to you in the days ahead.
I did not claim anything. I am very happy with Bespoke. And they do payout me.
  • #22,860
  • Sep 26, 2023 12:56am Sep 26, 2023 12:56am
Quoting TrAndy1
This is the typical payout claim on trustpilot, which turns out to be, that the trader cheated. Typical they were caught in using a HFT EA to make kind of guaranteed gains by exploting the datafeed from the broker. You cannot do that nowhere. If any prop firm does allow this you will not get a payout very probably. Just said. hope this is a mistake from BFP I am awaiting my payout request since friday..no actrivity on my account at all today Suddenly I receive an email for a hard breach! I dont use EA's I trade manually..I trade normally..nothing...
Mate. The first thing I thought when I saw you had massive profits using Bespoke was, well thats unreal if they would pay those amounts to him. Due to what others talked about here in the last 6 months and I took notes off how they got scammed left and right by minor prop firms if trying bigger payouts and if having accounts higher than 10k. So I'm not totally sure why you are so surprised here. Those who follow this thread knows only MFF and FTMO could give higher payouts consistently even that I questioned sometimes. There is no way a smaller prop firm can allow those payouts you showed here from a business perspective if it is consistent. Maybe they allow it once if lucky but even that I'm unsure about.

Its simple. Unless the prop firm got a massive investor with massive capital behind it theres no chance they will give such high payouts in a rolling way if its a small and newer prop firm. So isnt that also what trading is about to look in to probabilities of the prop firms who would pay out. The only ones I know sadly who gives such payouts on a rolling way are those prop firms who comply with regulators in US as in futures prop firms and apparently FTMO"the exception".
Quoting TrAndy1
{quote} I did not claim anything. I am very happy with Bespoke. And they do payout me.
Again the question is here how can a minor prop firm payout those amount consistently. A few times I can understand but if you are that consistent it makes no sense how they would allow those amounts in long run. The investors which most propfirms got Im sure, would also realize its not viable. For marketing purposes its viable for a time that you come here saying they payout then others think oh man wonderful they are legit. Indirect marketing to let you get high payouts for awhile is my guess.
52 traders viewing now