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  • #23,981
  • Oct 11, 2023 6:50am Oct 11, 2023 6:50am
Another payout round with Bespoke, my second one with them, in total I got from them €50k.
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  • #23,982
  • Oct 11, 2023 6:54am Oct 11, 2023 6:54am
Quoting Capablanca
I don't like Maven CEO and I never tested Maven but he came in twitter that they defined all the vague things they had on order to be much clear what they mean. This is it: {image} If props decide to have special rules I think it's a good example how they should be clear about it.
So, to summarize simply, only ONE trade per symbol (unless you set a stop loss beyond break even before opening a second trade). That's it. Any more and you are breached.
  • #23,983
  • Oct 11, 2023 6:59am Oct 11, 2023 6:59am
Quoting TrAndy1
Another payout round with Bespoke, my second one with them, in total I got from them €50k. {image} {image}
Congrats Andy! Despite all of my criticism towards Bespoke I'm happy for you that you received your deserved profits share from them
Money is made by sitting, not trading
  • #23,984
  • Oct 11, 2023 7:05am Oct 11, 2023 7:05am
Very surprisingly they kicked me out, so Bespoke banned me without breaking any rules. Maybe you can't get bigger payouts nowhere, except FTMO and former MFF. On TFT I heard they do not payout everyone. On TFF you cannot get bigger payouts. So what is about the other prop firms ? FXIFY or ACG do payouts also 5-digits ones ?
  • #23,985
  • Oct 11, 2023 7:08am Oct 11, 2023 7:08am
Quoting TrAndy1
Very surprisingly they kicked me out, so Bespoke banned me without breaking any rules. Maybe you can't get bigger payouts nowhere, except FTMO and former MFF. On TFT I heard they do not payout everyone. On TFF you cannot get bigger payouts. So what is about the other prop firms ? FXIFY or ACG do payouts also 5-digits ones ?
That was pretty fast. So sad to have been proven right in the end.
At least you got some money first and they kicked you out only after rather then before the payout

Does it mean you keep only your previous payouts and this latest one would be denied?
Money is made by sitting, not trading
  • #23,986
  • Oct 11, 2023 7:11am Oct 11, 2023 7:11am
Quoting Takisd
{quote} They will not make new law, they are looking for precedent to require all these firms who have US residents as customers to register. They will get it.
Yes they will. They do not need to prove anything. They are the CFTC and goddamn it what they say goes
Best case.......this model continues to exist and US customers are prohibited (just like all of the brokers of the world)
Worst case.....this model doesn't exist anywhere
Either way, this model is done for US traders....that is 100% guarantee.
  • #23,987
  • Oct 11, 2023 7:15am Oct 11, 2023 7:15am
Quoting Takisd
{quote} I dont think so. The cost to run the company as a registered company will kill it imo. This is why oanda etc have wide spreads/high cost of trading because you have to be able to afford to exist.
Yeah maybe thats why even ic markets dont enter US market because is to expensive and requires too many compliance
  • #23,988
  • Edited 7:32am Oct 11, 2023 7:18am | Edited 7:32am
Quoting DeltaCapital
{quote} Only FTMO and MFF may have the money to register in US
No need to register in the US if you do not accept US customers. They will ensure that it is cost prohibitive to register in the US, therefore accomplish the goal of no US customers. It is exactly what they did to the brokers.........20 million capital requirement, to register. It was simply not worth it to 99% of the brokers. Easier to not deal with US customers. That is the sad reality of how they operate.
  • #23,989
  • Oct 11, 2023 7:19am Oct 11, 2023 7:19am
Quoting TrAndy1
So what is about the other prop firms ? FXIFY or ACG do payouts also 5-digits ones ?
I'm not a big fan of ACG. They have a stupid lot size limit rule which makes trading of almost all indices as well as oil meaningless with them and, which is worse, they don't care to discuss. I posted a suggestion for review on their Discord which they deleted right away as it revealed how stupid the rule is. Then I posted it again and they keep ignoring me ever since. If they are not open for discussion now, then I can imagine how it would look like should I raise any dispute when funded
Money is made by sitting, not trading
  • #23,990
  • Oct 11, 2023 7:24am Oct 11, 2023 7:24am
Quoting TrAndy1
Another payout round with Bespoke, my second one with them, in total I got from them €50k. {image} {image}
Congrats Andy!!!Great job!
  • #23,991
  • Oct 11, 2023 7:26am Oct 11, 2023 7:26am
Quoting TrAndy1
Very surprisingly they kicked me out, so Bespoke banned me without breaking any rules. Maybe you can't get bigger payouts nowhere, except FTMO and former MFF. On TFT I heard they do not payout everyone. On TFF you cannot get bigger payouts. So what is about the other prop firms ? FXIFY or ACG do payouts also 5-digits ones ?
WTF ?! They kicked you out ? Any explanation ?
  • #23,992
  • Oct 11, 2023 7:27am Oct 11, 2023 7:27am
Quoting DeltaCapital
{quote} Yeah maybe thats why even ic markets dont enter US market because is to expensive and requires too many compliance
Exactly right. The cost to reward is simply not worth it. Much easier to not deal with US. What we are left with, as Taki stated, is brokers who must charge more due to cost to be in US. All part of the CFTC ultimate goal of no spot forex in the US, they want everyone trading futures.......lokk at the day trading margins i futures, they are almost as good as an offshore broker. It certainly throws out the argument of reducing leverage in forex to "protect the trader".
It's all about the money.......the big money pays to be sure the money goes where they want it. It really is very simple when you just open your eyes a little bit.
  • #23,993
  • Oct 11, 2023 7:36am Oct 11, 2023 7:36am
Quoting Capablanca
{quote} WTF ?! They kicked you out ? Any explanation ?
I have just little bit spoken about my professional background and then the CEO said to me they do not want me. Then very fast I got kicked out. That's it. I do not understand this at all. I broke no rules. Only manually swing trading. Not too much risk etc., but nothing helped. It seems they are not looking for consistent traders.
  • #23,994
  • Oct 11, 2023 7:39am Oct 11, 2023 7:39am
Quoting TrAndy1
{quote} I have just little bit spoken about my professional background and then the CEO said to me they do not want me. Then very fast I got kicked out. That's it. I do not understand this at all. I broke no rules. Only manually swing trading. Not too much risk etc., but nothing helped. It seems they are not looking for consistent traders.
Sorry to hear that. Did they pay these last 2 payouts that you showed ? I hope so.

I'm also curious why they asked your about your background. Was this a live interview or chat ?
  • #23,995
  • Oct 11, 2023 7:41am Oct 11, 2023 7:41am
Quoting TrAndy1
{quote} I have just little bit spoken about my professional background and then the CEO said to me they do not want me. Then very fast I got kicked out. That's it. I do not understand this at all. I broke no rules. Only manually swing trading. Not too much risk etc., but nothing helped. It seems they are not looking for consistent traders.
Bro they knew you will suck up all their profits you were a loss from them, they dont A book no one they just want fees from challenges, at least you could milk some money out of them
  • #23,996
  • Oct 11, 2023 7:42am Oct 11, 2023 7:42am
Quoting Capablanca
{quote} Sorry to hear that. Did they pay these last 2 payouts that you showed ? I hope so. I'm also curious why they asked your about your background. Was this a live interview or chat ?
Yes they paid all. Cannot say too bad about them because they paid me 50000 Euro in total. No I was not interviewed but had little discussion with staff, that's all.
  • #23,997
  • Oct 11, 2023 7:45am Oct 11, 2023 7:45am
Quoting TrAndy1
{quote}I do not understand this at all. I broke no rules. ... ... nothing helped. It seems they are not looking for consistent traders.
as if you quoted what I was saying when they kicked me out

I guess I traded much riskier then you and passed phases 1+2 both within one day and just a handful of trades so they identified the risk much faster in my case and kicked me out even before I really started

Now I guess we all agree on whether Bespoke is recommended here on not...
Money is made by sitting, not trading
  • #23,998
  • Oct 11, 2023 7:47am Oct 11, 2023 7:47am
Quoting DeltaCapital
{quote} Bro they knew you will suck up all their profits you were a loss from them, they dont A book no one they just want fees from challenges, at least you could milk some money out of them
I think so too, they do not A-book at all. Otherwise it does not make sense to kick out consistent profitable traders. I had no retries on failed challenges too.
  • #23,999
  • Oct 11, 2023 7:48am Oct 11, 2023 7:48am
Quoting TrAndy1
{quote} Yes they paid all. Cannot say too bad about them because they paid me 50000 Euro in total. No I was not interviewed but had little discussion with staff, that's all.
I was just trying to understand the grounds of that chat, what the reason for that, because I was never asked anything about my life, except by Funded Next when they wanted to confirm that I was who I was and that I was the one trading my account.

All the other props always paid me without a single question about my personal life. I don't see a reason for Bespoke to ask about that.
  • #24,000
  • Oct 11, 2023 7:49am Oct 11, 2023 7:49am
Quoting TrAndy1
Very surprisingly they kicked me out, so Bespoke banned me without breaking any rules. Maybe you can't get bigger payouts nowhere, except FTMO and former MFF. On TFT I heard they do not payout everyone. On TFF you cannot get bigger payouts. So what is about the other prop firms ? FXIFY or ACG do payouts also 5-digits ones ?
Sorry that you got kicked out...Mind sharing the email they sent you? Will be interested in what kind of excuses they used.

Do give FTMO a shot. If you can get that amount of payout with Bespoke, I think you should be able to pass FTMO with ease, especially now there's no time limit.
memento mori
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