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  • #30,981
  • Feb 18, 2024 10:57am Feb 18, 2024 10:57am
I wonder what I can say to get this new clown to ignore me.
gotta think of something exceptionally triggering.
  • #30,982
  • Edited 11:19am Feb 18, 2024 11:03am | Edited 11:19am
@ Takisd... is Meta getting nervous about the opening they are providing in the market for other platforms to grow & gain traction? They could potentially be allowing an avalanche of young FX/CFD traders to view meta as just another platform, then does that eventually lead to brokers opening up to supporting other platforms diminishing MQ's market share dominance.
  • #30,983
  • Feb 18, 2024 11:27am Feb 18, 2024 11:27am
Another thing is not clear to me, cftc not allowing mq to provide services to the prop due to non permissible trading environment, now how other platform can offer that to USA clients, can't cftc chase them down ?

If they can then what is the point of intudcing them
Or if those r permitted than why not mq .
  • #30,984
  • Feb 18, 2024 11:33am Feb 18, 2024 11:33am
Quoting CableJ
@ Takisd... is Meta getting nervous about the opening they are providing in the market for other platforms to grow & gain traction? They could potentially be allowing an avalanche of young FX/CFD traders to view meta as just another platform, then does that eventually lead to brokers opening up to supporting other platforms diminishing MQ's market share dominance.
I haven’t asked them. Nor do I expect Russian folk to admit such things. Ultimately this could be a mass adoption scenario but most likely there is more to it than risk aversion. I suspect they are reacting to some information requests but I am not sure who or what. Well I have speculation on who. I don’t think it will end well for dxtrade though. Match trade I have been digging and trying to see if it is a viable option, some say their rep is bad. Ctrader is too expensive and too compliant for props.
  • #30,985
  • Feb 18, 2024 11:36am Feb 18, 2024 11:36am
Quoting inversio
Another thing is not clear to me, cftc not allowing mq to provide services to the prop due to non permissible trading environment, now how other platform can offer that to USA clients, can't cftc chase them down ? If they can then what is the point of intudcing them Or if those r permitted than why not mq .
They are not permitted, they just have not come under the same regulatory pressure as Meta has........Meta has, by far, the largest market share, so very easy to instantly cease all prop operations with one shot. The new platforms are by no means a permanent solution, only temporary until they also fold to over reaching regulatory pressure from the CFTC.
This really almost needs to be an underground space now. AS we keep advertising who is still accepting US clients, they go down within hours or days, same will happen with the platforms.......anyone consider one or more "whistleblowers" being present amongst us?
  • #30,986
  • Feb 18, 2024 11:38am Feb 18, 2024 11:38am
Quoting Takisd
{quote} I haven’t asked them. Nor do I expect Russian folk to admit such things. Ultimately this could be a mass adoption scenario but most likely there is more to it than risk aversion. I suspect they are reacting to some information requests but I am not sure who or what. Well I have speculation on who. I don’t think it will end well for dxtrade though. Match trade I have been digging and trying to see if it is a viable option, some say their rep is bad. Ctrader is too expensive and too compliant for props.
cTrader also does not solve the US issue.
  • #30,987
  • Feb 18, 2024 11:39am Feb 18, 2024 11:39am
Quoting Takisd
{quote} why? I have a live TFF account. How about you?
You told us that TFF is shit company...and now you have an account...
Me...I am happy that TFF comes back.
  • #30,988
  • Feb 18, 2024 11:40am Feb 18, 2024 11:40am
Quoting Tim_isoara
{quote} You told us that TFF is shit company...and now you have an account... Me...I am happy that TFF comes back.
TFF is shit. They don’t payout the big payouts. They do ban cycles regularly. But I have also said for ages I have account there.
  • #30,989
  • Feb 18, 2024 11:43am Feb 18, 2024 11:43am
Quoting Takisd
{quote} TFF is shit. They don’t payout the big payouts. They do ban cycles regularly. But I have also said for ages I have account there.
  • #30,990
  • Feb 18, 2024 11:48am Feb 18, 2024 11:48am
Quoting Takisd
{quote} I haven’t asked them. Nor do I expect Russian folk to admit such things. Ultimately this could be a mass adoption scenario but most likely there is more to it than risk aversion. I suspect they are reacting to some information requests but I am not sure who or what. Well I have speculation on who. I don’t think it will end well for dxtrade though. Match trade I have been digging and trying to see if it is a viable option, some say their rep is bad. Ctrader is too expensive and too compliant for props.
Putin don't call you...It's scandalous...
  • #30,991
  • Feb 18, 2024 11:51am Feb 18, 2024 11:51am
Quoting pipmaster77
{quote} They are not permitted, they just have not come under the same regulatory pressure as Meta has........Meta has, by far, the largest market share, so very easy to instantly cease all prop operations with one shot. The new platforms are by no means a permanent solution, only temporary until they also fold to over reaching regulatory pressure from the CFTC. This really almost needs to be an underground space now. AS we keep advertising who is still accepting US clients, they go down within hours or days, same will happen with the platforms.......anyone...
just like the offshore thread on babypips, you know THEY are watching. No way to go back underground when the regulators know this is an industry where 100s of millions are exchanging hands annually. The leadership of FINCEN/DOJ/SEC/FTC/CFTC/NFA could be totally wiped out by this time next year, which would completely change the regulatory environment here in the US... then again, somehow Dod Frank is still in place and survived without any challenge.
  • #30,992
  • Feb 18, 2024 12:06pm Feb 18, 2024 12:06pm
Quoting Takisd
{quote} I haven’t asked them. Nor do I expect Russian folk to admit such things. Ultimately this could be a mass adoption scenario but most likely there is more to it than risk aversion. I suspect they are reacting to some information requests but I am not sure who or what. Well I have speculation on who. I don’t think it will end well for dxtrade though. Match trade I have been digging and trying to see if it is a viable option, some say their rep is bad. Ctrader is too expensive and too compliant for props.

supposedly, DXtrade's EU office alone has received 1500 applications SMH
  • #30,993
  • Feb 18, 2024 12:10pm Feb 18, 2024 12:10pm
Quoting Takisd
{quote} I haven’t asked them. Nor do I expect Russian folk to admit such things. Ultimately this could be a mass adoption scenario but most likely there is more to it than risk aversion. I suspect they are reacting to some information requests but I am not sure who or what. Well I have speculation on who. I don’t think it will end well for dxtrade though. Match trade I have been digging and trying to see if it is a viable option, some say their rep is bad. Ctrader is too expensive and too compliant for props.
If you have the full cTrader license, you can assign white labels. At least this was the case about a year ago. As many brokers already have cTrader they should be able to onboard props fast if they liked. I'm not sure if cTrader would even know where the clients were coming from as signups are email based. As far as I know there is no US IP blocking and even if there was it could easily be circumvented.
  • #30,994
  • Feb 18, 2024 12:26pm Feb 18, 2024 12:26pm
Quoting TraderTero
{quote} If you have the full cTrader license, you can assign white labels. At least this was the case about a year ago. As many brokers already have cTrader they should be able to onboard props fast if they liked. I'm not sure if cTrader would even know where the clients were coming from as signups are email based. As far as I know there is no US IP blocking and even if there was it could easily be circumvented.
cTrader has been banned in the US since 2014. Even FTMO removed it as an option for US a couple of years ago.
  • #30,995
  • Feb 18, 2024 12:45pm Feb 18, 2024 12:45pm
Quoting pipmaster77
{quote} cTrader has been banned in the US since 2014. Even FTMO removed it as an option for US a couple of years ago.
It's the same situation as with MT but you still have off shore brokers accepting US clients. In any case the situation doesn't look very good for US traders atm.
  • #30,996
  • Feb 18, 2024 12:59pm Feb 18, 2024 12:59pm
Spotware are very compliant as a company. For many reasons of which I do not wish to divulge. I do not see props surviving long term on C-trader other than the obvious names like FTMO.

There is likely 0 chance that the likes of TFT and MFFX will survive on there long term. However, I am skeptical they will survive at all anyway.

Most likely scenario is match trader for the ones who wish to be less than compliant. Once all the tools from metatrader used to cheat get moved to match trader things will be back to normal for props until regulatory action occurs, which is coming in fast.
  • #30,997
  • Feb 18, 2024 1:00pm Feb 18, 2024 1:00pm
Quoting TraderTero
{quote} It's the same situation as with MT but you still have off shore brokers accepting US clients. In any case the situation doesn't look very good for US traders atm.
Yes, but even the offshores will not offer cTrader to US clients.
  • #30,998
  • Feb 18, 2024 1:10pm Feb 18, 2024 1:10pm
Quoting Capablanca
{quote} Doesn't matter. If you live in most of EU countries for more than 181 days you will be still tax resident in Spain, Germany, etc. You may not pay taxes in Dubai but you will pay at home. So your solution to be a resident in Dubai is not correct unless you go there or somewhere else and DO NOT LIVE in germany, spain etc. for more than 181 days. Which means, in fact, people have to move out of their countries (this was the point being discussed). And even not living in UE for more than 181 days is not guaranteed because some UE countries have...
you are right, its exactly like this.
your home country passport decides over your tax regulations.

he is maybe from a much different continent or country, so he dont know about the tax rules in europe or america.
and even the life in dubai is ok, but nothing you cant have anywhere in other place too when you pay fot it (often even less then in dubai or singapore).

anything is what you make from it.
  • #30,999
  • Feb 18, 2024 1:13pm Feb 18, 2024 1:13pm
Quoting Nehemah
News from TFT : **New Minimum Stop/Limit Distances:** Forex: 5-pip minimum Indices: 7.50 USD minimum Gold/Commodities: 1 USD minimum **How this affects you:** Maintaining Trades: When you are maintaining a trade, as the market moves your stop loss and take profit need to be in line with the minimum distances. Entering New Positions: When you are entering a trade, the stop loss and take profit need to be in line with the minimum distances. Pending Orders: When you enter a pending...
remembers me on my old days 2005-2010 when you had b-book brokers with this rules, to get them an extra edge.
  • #31,000
  • Feb 18, 2024 1:18pm Feb 18, 2024 1:18pm
Crypto Fund Trader
Announcement To protect our users and to anticipate possible circumstances due to the current news about propfirms and to keep our Full License of MetaQuotes, we will temporarily block purchases coming from the US on MetaTrader 5. Current US users will have no problem with this, accounts will remain active. They will also be able to purchase evaluations on CFT Platform. Thanks for your understanding!
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