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  • #30,921
  • Feb 17, 2024 7:19pm Feb 17, 2024 7:19pm
Quoting Capablanca
{quote} A pity that his account is private, otherwise you would not ask that.
I've followed him.

He doesn't even know that cTrader is prohibited in the US by cTrader.

That's pretty basic.
  • #30,922
  • Feb 17, 2024 7:33pm Feb 17, 2024 7:33pm
All USA residents have to file taxes yearly no matter if you live in the USA... For example you can have dual citizenship live your whole entire life
in a completely different country yet you are required as a US citizen to file US taxes yearly.. Thats the law..I know because thats for the most part me.

It doesnt mean you owe anything but the cost of filing and preparation....

And I saw somewhere someone mention the US being the freest country in the world it is not. Some of us have had the experience of living in
different countries and experiencing first hand the differences. Just my opinion tho..We all have different experiences in life..

Prop firms/Quasi Prop firms,,,, from my limited exposure is best to stick with FTMO, The5ers, AXi, Darwinex...
Im sure will all smooth out at some point with the licensing issues etc. from non licensed "marketing" entities onboarding
3rd party clients...

Saturday thoughts........

CHeers
Blue
Master your Mind,,,Master the Market
  • #30,923
  • Feb 17, 2024 7:41pm Feb 17, 2024 7:41pm
Quoting Nsak3y
{quote}-The problem is KYC. The company will need to be tied to an individual, so unless you are willing and able to partner with someone that you can trust, it may not serve you well in terms of circumventing American filters. Although temporary residency may not be possible for everyone, it is certainly easier, faster and cheaper than dual citizenship or renunciation etc.. If you are able to visit Mexico for an extended vacation, you can get all of the required documents that you need to get accounts with most brokers; residency permit, proof...
I live a 1.5 hour drive north of the Mexican border. Hmm….
A snails pace wins the race :-)
  • #30,924
  • Feb 17, 2024 7:44pm Feb 17, 2024 7:44pm
Quoting woody70
{quote} Freedom is just an illusion.
So effin true
A snails pace wins the race :-)
  • #30,925
  • Feb 17, 2024 8:17pm Feb 17, 2024 8:17pm
Quoting TrAndy1
Maybe end of 2024 will have better conditions than today on currency futures. Then you do not need offshore FX brokers anymore or Oanda crap. See: https://www.cmegroup.com/markets/fx/...spot-plus.html Initially available on G7 currency pairs Complements CME FX futures and the EBS Market primary venue Improves liquidity access and transparency Expands trading possibilities across futures and spot FX Brings centralized liquidity to the fragmented FX marketplace Offers access via existing EBS/CME Globex connections
Thats kind of a big deal if they follow thru with it.
Trade with confidence, trade without fear.
  • #30,926
  • Feb 17, 2024 8:54pm Feb 17, 2024 8:54pm
Quoting Takisd
{quote} There are 2 countries in the world that tax people no matter what country they live. One is USA, the other is Eritrea. Australia and Canada are both discussing doing the same. Tax on any citizen regardless of location.
After seeing the Fentanyl druggy areas of the west Eritrea looks a damn sight better.

Pre-depression 1930's had no income tax before the corprations were formed. Were they wound up in let's say 2021?
  • #30,927
  • Feb 17, 2024 9:04pm Feb 17, 2024 9:04pm
Quoting PropDude1234
{quote}I've followed him. He doesn't even know that cTrader is prohibited in the US by cTrader. That's pretty basic.
Just a red herring and not of any importance.
  • #30,928
  • Feb 17, 2024 9:21pm Feb 17, 2024 9:21pm
Quoting bluesteele
. Prop firms/Quasi Prop firms,,,, from my limited exposure is best to stick with FTMO, The5ers, AXi, Darwinex... Im sure will all smooth out at some point with the licensing issues etc. from non licensed "marketing" entities onboarding 3rd party clients... Saturday thoughts........ CHeers Blue
I do like the Darwinex model. The owner's interview on Rizdom was a good insight to the model.

Cheers...
  • #30,929
  • Feb 17, 2024 10:18pm Feb 17, 2024 10:18pm
Quoting Takisd
Bunch of folks I know now have gotten chargebacks for their fundingpips account and bought elsewhere (despite my warnings). Chargeback or not, running off to another firm other than FTMO is a mistake.
Hi Takisd;

I trust you are well.

Please could you confirm whether the Axi-Select Program could also be subject to the current turbulence? The reason I enquired is I signed up at the time when your first precautionary to suspend any further challenges was received.

I didn't fund the account & was almost done with funding so their system is constantly triggering those generic mailers prompting to complete funding the trading account. I suspected this program different since it is with a registered "normal" broker but wish to clarify with you as erring on the side of caution.

I intended sending a PM but enquired on the forum for the benefit of anyone else who is also currently considering or signing up with Axi-Select.

Thanking you in advance for your insight & feedback.
Des
My success is due to The Great Napoleon Hill. May His Name Live Forever
  • #30,930
  • Feb 17, 2024 10:35pm Feb 17, 2024 10:35pm
If anyone interested just purchased one.. usually they have 20% off this is a good deal for 6-6% challenge only
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-02-17 at 11.32.29 PM.png Size: 76 KB
Extreme gut feeling trader
  • #30,931
  • Feb 17, 2024 11:22pm Feb 17, 2024 11:22pm
Quoting montygoldy
If anyone interested just purchased one.. usually they have 20% off this is a good deal for 6-6% challenge only {image}
available on card??
  • #30,932
  • Feb 17, 2024 11:24pm Feb 17, 2024 11:24pm
Quoting montygoldy
If anyone interested just purchased one.. usually they have 20% off this is a good deal for 6-6% challenge only {image}
seen their pricing, a bit costlier already, so even if we apply discount code, it comes to normal pricing like other prop firms
  • #30,933
  • Feb 17, 2024 11:30pm Feb 17, 2024 11:30pm
Quoting genuine007
{quote} available on card??
i bought with card
Extreme gut feeling trader
  • #30,934
  • Feb 17, 2024 11:32pm Feb 17, 2024 11:32pm
Quoting genuine007
{quote} seen their pricing, a bit costlier already, so even if we apply discount code, it comes to normal pricing like other prop firms
nah 10% dd target n 6-6 targets costed me 794$ on 200k whereas bought the same before with 25% off blueguardian, e8markets etc all above 800$ with 8% drawdown…
Extreme gut feeling trader
  • #30,935
  • Edited Feb 18, 2024 12:26am Feb 17, 2024 11:48pm | Edited Feb 18, 2024 12:26am
Quoting Nsak3y
{quote}-Please stop. Respectfully, you do not know what you are talking about. You make comments with partial truths and then rebuttal with confusing nonsense in an effort to sound correct.
You can't stay all the year in USA.(autocorrect was)
  • #30,936
  • Feb 18, 2024 12:01am Feb 18, 2024 12:01am
Quoting montygoldy
{quote} nah 10% dd target n 6-6 targets costed me 794$ on 200k whereas bought the same before with 25% off blueguardian, e8markets etc all above 800$ with 8% drawdown…
What happened with myflashfunding?? You denied the interview or what??
Believe me these prop firms just want to know your strategy and if you tell them anything wrong like you risk less you risk 1% something like that but in reality you risk 10% they are going to bann you and reject your payout!!

Man this industry is becoming tough now
these people give money by mistake or reasily to some people like nouman iqbal, andrew nfx
and now they don't wanna allow people to make money fast and easily

So all those people who say that now forget about these prop firms, go with retail broker, trade your own account, they are all correct
  • #30,937
  • Feb 18, 2024 12:10am Feb 18, 2024 12:10am
Quoting Capablanca
{quote} For most developed countries you need to live in UAE a certain number of days per year, otherwise you won't be considered a tax resident in UEA. It's not just like ordering online a passport.
Once you have been approved for a visa, UAE law dictates that individuals need to reside in Dubai for one day every 180 days to maintain a tax-free residency and to keep your residency visa valid.
  • #30,938
  • Feb 18, 2024 12:10am Feb 18, 2024 12:10am
Quoting genuine007
{quote} What happened with myflashfunding?? You denied the interview or what?? Believe me these prop firms just want to know your strategy and if you tell them anything wrong like you risk less you risk 1% something like that but in reality you risk 10% they are going to bann you and reject your payout!! Man this industry is becoming tough now these people give money by mistake or reasily to some people like nouman iqbal, andrew nfx and now they don't wanna allow people to make money fast and easily So all those people who say that now forget about...
nope no interview cancelled my account after 30k payout…good with me my target was atleast 20k payout from each firm….
Extreme gut feeling trader
  • #30,939
  • Feb 18, 2024 1:37am Feb 18, 2024 1:37am
Quoting bluesteele
All USA residents have to file taxes yearly no matter if you live in the USA... For example you can have dual citizenship live your whole entire life in a completely different country yet you are required as a US citizen to file US taxes yearly.. Thats the law..I know because thats for the most part me. It doesnt mean you owe anything but the cost of filing and preparation.... And I saw somewhere someone mention the US being the freest country in the world it is not. Some of us have had the experience of living in different countries and experiencing...
Totally agree with your statement about living in different countries. I told myself if I ever moved out of the U.S again I was not moving back. Well Ive been out for a year now and loving every minute of it.
  • #30,940
  • Feb 18, 2024 1:41am Feb 18, 2024 1:41am
Quoting TrAndy1
Maybe end of 2024 will have better conditions than today on currency futures. Then you do not need offshore FX brokers anymore or Oanda crap. See: https://www.cmegroup.com/markets/fx/...spot-plus.html Initially available on G7 currency pairs Complements CME FX futures and the EBS Market primary venue Improves liquidity access and transparency Expands trading possibilities across futures and spot FX Brings centralized liquidity to the fragmented FX marketplace Offers access via existing EBS/CME Globex connections
If they don't increase the leverage I'll keep my offshore account. It allows me to make more with less and I've been trading like that for over a decade now and prefer to keep it that way.
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