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  • #30,621
  • Feb 14, 2024 4:24pm Feb 14, 2024 4:24pm
Quoting Takisd
{quote} If toptier is not already on regulator watch list I will be very surprised. I do especially like them writing Vietnam as two words.
'Viet Nam' how they say is still a Trauma for the USA. They lost so many soldiers few decades ago in that jungle. Hopeless war it was. Now they cannot write the name. Maybe some older relatives of them were involved in that war. So they are still broken with Vietnam, saying Viet Nam. Has that another meaning in US language if you say it that way ?
  • #30,622
  • Feb 14, 2024 4:49pm Feb 14, 2024 4:49pm
Maybe the next step for FE or other prop maybe deep fake interviews to show massive payouts and happy customers everywhere (when the opposite might be true (?)). There is so much going on FraudGPT in the dark web alias ChatGPT with criminal energy combined. See that article below.

https://www.cnbc.com/2024/02/14/gen-...ork-email.html

Generative AI financial scammers are getting very good at duping work email
PUBLISHED WED, FEB 14 202411:54 AM EST

KEY POINTS

  1. Even companies that ban employees from using generative artificial intelligence are falling prey to financial scams that deploy the technology and amplify traditional phishing techniques used by hackers.
  2. Armed with tools like ChatGPT or its dark web equivalent FraudGPT, criminals can easily create realistic videos of profit and loss statements, fake IDs, false identities or even convincing deepfakes of company executives using their voice and image.
  3. A recent scam that cost a Hong Kong-based company over $25 million shows how convincing the crimes have become and how difficult it is to detect them.

  • #30,623
  • Feb 14, 2024 4:51pm Feb 14, 2024 4:51pm
It’s been challenging keeping up with this thread. I check it every night and there’s always 5-7 new pages. I intentionally skip the bickering and Desbinary’s posts haha. Sorry, I was also like that in school, maybe I have adhd? I don’t know. Happy for Monty, agree with the US sentiments, chuckling at Expo’s humor. I just planned the rest of my 2024 on how I can (potentially) survive this prop firmageddon which is actually just 1 thing: diversify.

Can the more experienced elders here add more to the list of videogames we can play? (1) nonscammy offshore brokers, (2) futures brokers like amp, (3) crypto dex. My goodness I just want to play, get some money, and spend that money on travels.
  • #30,624
  • Feb 14, 2024 4:53pm Feb 14, 2024 4:53pm
Maybe someone like Maven is using VPN to convince US residents and the create fake IDs for KYC to prevent any payout vendor issues, and all payments are of course only in crypto then. Will see if MQ will allow that "creative solution".

"Armed with ChatGPT or its dark web equivalent, FraudGPT, criminals can easily create realistic videos of profit and loss statements, fake IDs, false identities or even convincing deepfakes of a company executive using their voice and image."
  • #30,625
  • Feb 14, 2024 4:54pm Feb 14, 2024 4:54pm
Quoting TrAndy1
Has that another meaning in US language if you say it that way ?
-For English-speaking Americans, Vietnam would be considered correct. For local Vietnamese, Việt Nam would be correct. The Vietnamese language contains many elements that were adopted from the Chinese language, and Việt Nam is actually comprised of two, separate characters. It is likely that TopTier is not aware of this, however.

It is not uncommon, however, to see phonetic representations of languages written as a group to form single words, even though the words are comprised of multiple sounds or characters etc.. In the case of the word 'China', in pinyin it is Zhōngguó, even though it is 中国 in simplified Chinese characters. If you were to write it as Zhōng guó, it would still be understood.
  • #30,626
  • Feb 14, 2024 4:55pm Feb 14, 2024 4:55pm
Quoting Contessa22
My goodness I just want to play, get some money, and spend that money on travels.
-If only...
  • #30,627
  • Feb 14, 2024 5:25pm Feb 14, 2024 5:25pm
Quoting Takisd
{quote} FTMO should survive and lead a model to follow temporarily. But I do think EU will regulate very soon. FTMO likely will get that regulation due to resources of course.
They should register this company in another jurisdiction. After all that's how the firms like IC markets kept offering same leverage to clients when ASIC started regulation. It will be very sad if they fold as well.
  • #30,628
  • Feb 14, 2024 5:38pm Feb 14, 2024 5:38pm
Quoting Inception12
{quote} They should register this company in another jurisdiction. After all that's how the firms like IC markets kept offering same leverage to clients when ASIC started regulation. It will be very sad if they fold as well.
There is a rumor that Metaquotes are doing this due to an upcoming IPO. I am unsure how metaquotes would achieve an IPO given their ownership. That would be an interesting twist.

We don't know if offshore companies have received any communication from metaquotes. The only thing I have had repeated to me is that any company MUST obey the terms of their contract. No exceptions. So I guess thats what is actually happening.
  • #30,629
  • Feb 14, 2024 5:59pm Feb 14, 2024 5:59pm
Quoting Takisd
We don't know if offshore companies have received any communication from metaquotes.
-I have spoken to some brokers, but most are tight-lipped about things, especially those that lost their Meta license. One offshore broker that still has their license told me that many brokers have lost their meta licenses due to new requirements. He also suspected that some of them may have more licenses (whatever that means; maybe bigger firms are getting away with more?).

I asked him why Meta was imposing these new requirements, and if they were being pressured by regulators, or, if this move was being done at META’s own discretion. He told me that they were being pressured as a result of the money laundering case with Binance. He said that most of the brokers are required to do more and that some of them had to change their platforms (presumably because they were unable/unwilling to comply).

In any case, it seems to be a selective process, but what exact criteria Meta are using may not be overly clear yet.
  • #30,630
  • Feb 14, 2024 6:01pm Feb 14, 2024 6:01pm
Quoting Takisd
There is a rumor that Metaquotes are doing this due to an upcoming IPO.
-Pump and dump, baby. I hope everyone shorts it into the ground, just as a matter of principle.
  • #30,631
  • Feb 14, 2024 6:05pm Feb 14, 2024 6:05pm
Quoting Capablanca
{quote} Most of the people won't relocate hundreds or thousands of Kms to be able to trade 50K or 100K challenges, with all the real world implications like having to sell houses and buy new ones, spouses/husbands/GF/BF having to find new jobs, find schools for kids, etc. And it's not even guaranteed that they will still accept a US citizen even living in Canada or in France.
Agree.

I have a 12 year old daughter going through puberty. She's an only child and there's no way would I ever take her away from her friends and disrupt the social structure in her life.

But as someone turning 57 in March I can definitely picture myself in a Speedo in paradise making women of all ages feel uncomfortable.
Pride always comes before destruction.... -Proverbs 16:18
  • #30,632
  • Feb 14, 2024 6:11pm Feb 14, 2024 6:11pm
Quoting Capablanca
{quote} - Darling, let's move to Canada - What for ? - Because I want to play some trading videogame where I can receive some payouts if the owner of Blue/Flash is in a good mood or if I don't use 2 IPs in Funded Next or if Angelo doesn't fake some reverse trades. This would be funny if it wasn't such a tragedy.
I was thinking the same thing. What would I tell my family?

I have to move so I can trade a 5K account with a 70% coupon with a firm that's revolutionizing the industry.
Pride always comes before destruction.... -Proverbs 16:18
  • #30,633
  • Feb 14, 2024 6:18pm Feb 14, 2024 6:18pm
TraderNOK's alter ego pouring cold water on hopes and dreams of MFF ever coming back.

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Trade with confidence, trade without fear.
  • #30,634
  • Feb 14, 2024 8:41pm Feb 14, 2024 8:41pm
Quoting Nsak3y
{quote}{quote}-Respectfully, which is it? Comprehensive solutions or a work in-progress? If you do not wish to share the information, then better to just be honest about that in lieu of purporting to have the answer to all of our problems.
Hello Nsak3y;

I trust you are well & can appreciate why you deduced my response neither here nor there.

Apologies for the confusion. I will PM you with minimal delay.

Thank You!
My success is due to The Great Napoleon Hill. May His Name Live Forever
  • #30,635
  • Feb 14, 2024 10:05pm Feb 14, 2024 10:05pm
Quoting JustPipMe
{quote} If plain English, I’d read his posts. Too taxing on my brain (and I’m a chemistry prof.)
Hello JustPipMe;

I trust you are well.

Thank You for your feedback & I regret that you found my posts taxing to read. I will take greater efforts to simplify them in future.

Should you find it suitable, feel free to advise further whether there's any improvement in due course. After all, it is through a platform such as this & feedback from one another that permits us the room for introspection and to correct deficiencies.

Wishing you a pleasant day ahead & May The Markets Go With You.
My success is due to The Great Napoleon Hill. May His Name Live Forever
  • #30,636
  • Feb 15, 2024 12:23am Feb 15, 2024 12:23am
Just a warning for those with MFFx. I recently passed a 2 step 300k with them. This would add to my current 300k that I am funded with them (and received 6 payouts all under 10k with no issue).

I got an email yesterday saying that the new 300k is in "breach" because I have exceeded max capital. I was confused as their advertisments clearly star 600k max. However, I have since looked at it more closely, and bizarrely you cannot have more than 1 account of the same type for more than 300k. In other words, you can have 1 x 300k 2 -Step and 1 x 300k 1 step but NOT 2 x 300k 2 step or 2 x 300k 1 step.

Im asking them if they can convert the new funded account to a 1 step (trailing DD) rather than their proposed solution which is for them to simply give me a refund.

Ill let you guys know what they say, but thought that posting here, might save others from making the same mistake.
  • #30,637
  • Feb 15, 2024 12:36am Feb 15, 2024 12:36am
Quoting Zuke
Just a warning for those with MFFx. I recently passed a 2 step 300k with them. This would add to my current 300k that I am funded with them (and received 6 payouts all under 10k with no issue). I got an email yesterday saying that the new 300k is in "breach" because I have exceeded max capital. I was confused as their advertisments clearly star 600k max. However, I have since looked at it more closely, and bizarrely you cannot have more than 1 account of the same type for more than 300k. In other words, you can have 1 x 300k 2 -Step and 1 x 300k...

UPDATE: Nothing they can do...they will give me a refund and I have to do 1 step (or 3 step! hell no!).
  • #30,638
  • Feb 15, 2024 1:05am Feb 15, 2024 1:05am
Quoting Cryptosurf
TraderNOK's alter ego pouring cold water on hopes and dreams of MFF ever coming back. {image}
I wonder what does he mean by one of the firm is related to King ?
  • #30,639
  • Feb 15, 2024 1:08am Feb 15, 2024 1:08am
Quoting Zuke
Just a warning for those with MFFx. I recently passed a 2 step 300k with them. This would add to my current 300k that I am funded with them (and received 6 payouts all under 10k with no issue). I got an email yesterday saying that the new 300k is in "breach" because I have exceeded max capital. I was confused as their advertisments clearly star 600k max. However, I have since looked at it more closely, and bizarrely you cannot have more than 1 account of the same type for more than 300k. In other words, you can have 1 x 300k 2 -Step and 1 x 300k...
Yep, that's an old stuff from MFFx. Very misleading if you don't read it carefully.

On xmas they even had a promotion when you would get a second 300K challenge for free if you got the first one to funded, without violating the max capital. But that was an exception.
  • #30,640
  • Feb 15, 2024 1:34am Feb 15, 2024 1:34am
We should never believe or assume that a CEO knows more than anyone else.
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