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  • #31,241
  • Feb 19, 2024 7:47pm Feb 19, 2024 7:47pm
Quoting sampat
{quote} US forex cartel like Oanda, Gain capital wins . I am 1000% positive it was initiated by them. It collapsed all prop firms as these firms relies on novice traders for fees. Good traders will loose a great opportunity.
They only win if traders play with them.
  • #31,242
  • Feb 19, 2024 8:02pm Feb 19, 2024 8:02pm
Quoting acetrader
{quote} They only win if traders play with them.
Well if you dry out every other option and propagate regulated propaganda people will fall.
  • #31,243
  • Feb 19, 2024 11:53pm Feb 19, 2024 11:53pm
Quoting CableJ
{quote} Angelo has decided to avoid immediate collapse from banning US traders by instead flying directly into the sun... US prop firm + offshore broker offering CFDs to US citizens + Prop CEO resides on US soil.... SMFH
And starting to look into futures prop.
  • #31,244
  • Feb 19, 2024 11:55pm Feb 19, 2024 11:55pm
Quoting Cryptosurf
{quote} The problem is they tend to reach beyond their given authority/framework then let the courts decide.
And in the meantime they destroy lives and businesses.
  • #31,245
  • Feb 20, 2024 12:02am Feb 20, 2024 12:02am
All this US thing may not hit just 1/3 of the market. They may be 1/3 but the revenue/profit coming from there has to be a much higher percentage because American, except out reckless friend Expo, won't bother to buy 5K accounts. It's easy to assume that the average challenge purchased by US is much higher that the average challenge purchased by asians or africans.
  • #31,246
  • Feb 20, 2024 12:05am Feb 20, 2024 12:05am
Quoting Capablanca
All this US thing may not hit just 1/3 of the market. They may be 1/3 but the revenue/profit coming from there has to be a much higher percentage because American, except out reckless friend Expo, won't bother to buy 5K accounts. It's easy to assume that the average challenge purchased by US is much higher that the average challenge purchased by asians or africans.
so be ready for more payout denials, payout denials will become new normals
as money from americans have stopped comingg
  • #31,247
  • Feb 20, 2024 1:23am Feb 20, 2024 1:23am
Quoting Capablanca
All this US thing may not hit just 1/3 of the market. They may be 1/3 but the revenue/profit coming from there has to be a much higher percentage because American, except out reckless friend Expo, won't bother to buy 5K accounts. It's easy to assume that the average challenge purchased by US is much higher that the average challenge purchased by asians or africans.
Yes. Profitable non-US prop firm traders are going to be hard-pressed to get their payouts.
A snails pace wins the race :-)
  • #31,248
  • Feb 20, 2024 2:34am Feb 20, 2024 2:34am
Quoting pipmaster77
{quote} lol, I thought it was bizarre anyone is launching new, then, in a unique twist of events, someone launches new with 8cap. You can't even make this shit up. Did 8cap change their mind on prop business?
just scammers launching to collect from desperate traders, then folding the operation in few months claiming regulatory pressure. Easy alibi.
  • #31,249
  • Feb 20, 2024 2:42am Feb 20, 2024 2:42am
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  • #31,250
  • Feb 20, 2024 2:48am Feb 20, 2024 2:48am
Quoting TrAndy1
{image}
This isn't completely accurate.

Trustpilot gives a limited number of verified reviews per month (unless you pay more) and there is a bit of a manual process to it. To use verified as a metric is not very good because of limitations within it.

For example, if I make 100 email addresses and send the link to each one, I can have 100 verified reviews. Alternatively, if someone is just upset that a company failed their account they can write "I didnt fail give me account back 1 star" and cant contest it without an extremely difficult process. Trustpilot is heavily flawed but the combination of all reviews, including deleted ones, after 5000 reviews seems to be an accurate depiction of a companies validity. Below 5000 reviews its too easy to game both for company and from someone who wants to tear someone down or blackmail someone.
  • #31,251
  • Feb 20, 2024 4:56am Feb 20, 2024 4:56am
Potencial FTMO problem? Waiting for approval for 28 hours, previous good number of payouts never took more then 4-5 hours, so maybe prop space problems have bigger spill over effects on the giant one....US traders can feel better then..

oh..and by the way...the certificate for this not yet approved payout received 26 hours ago....together with new account credentials.

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PVSRA
  • #31,252
  • Feb 20, 2024 5:09am Feb 20, 2024 5:09am
Quoting Fisher755
Potencial FTMO problem? Waiting for approval for 28 hours, previous good number of payouts never took more then 4-5 hours, so maybe prop space problems have bigger spill over effects on the giant one....US traders can feel better then.. oh..and by the way...the certificate for this not yet approved payout received 26 hours ago....together with new account credentials. {image}
how much is the total payout so far ? Which account you have ?

keep us updated , thanks !
  • #31,253
  • Feb 20, 2024 5:19am Feb 20, 2024 5:19am
Quoting Stoneyrocks
{quote} how much is the total payout so far ? Which account you have ? keep us updated , thanks !
I do not see why any of this would be important except the size maybe, wich is 100k, I take care that the profit is not too high and stop at cca 2% per payout.
Just wanted to point out that there might be bigger problems in paradise then we even discuss here.
PVSRA
  • #31,254
  • Feb 20, 2024 5:31am Feb 20, 2024 5:31am
Quoting Takisd
{quote} This isn't completely accurate. Trustpilot gives a limited number of verified reviews per month (unless you pay more) and there is a bit of a manual process to it. To use verified as a metric is not very good because of limitations within it. For example, if I make 100 email addresses and send the link to each one, I can have 100 verified reviews. Alternatively, if someone is just upset that a company failed their account they can write "I didnt fail give me account back 1 star" and cant contest it without an extremely difficult process....
Hi Takisd,

I trust you are well.

I wish to respectfully venture another angle on the verified review discussion in question.

My suspicion is that verified in the context of the numbers being quoted on the attachment points to the Trustpilot user in question having underwent Trustpilot's verification process. That involves a sort of KYC, for lack of a better term uploading one's proof of ID & liveness check etc.

I don't have any comment from Trustpilot on that but working on the premise of my own experience.

This is since I confirmed previously on this thread that I gave Alpha a factual review of their services as balanced as I could. Upon scrolling through their reviews at that time, I only found 1 other verified user, other than myself.

The attachment in question indicates 2 verified reviews for Alpha which supports my supposition however it remains subject to confirmation from Trustpilot Admin.

Wishing you & everyone on the thread a pleasant day ahead.
Des
My success is due to The Great Napoleon Hill. May His Name Live Forever
  • #31,255
  • Feb 20, 2024 7:03am Feb 20, 2024 7:03am
Quoting Fisher755
{quote} I do not see why any of this would be important except the size maybe, wich is 100k, I take care that the profit is not too high and stop at cca 2% per payout. Just wanted to point out that there might be bigger problems in paradise then we even discuss here.
Is there a problem if the profit is high? Isn't that a good thing if you consistently win so that they can mirror your trades and also make a percentage from your profit?
  • #31,256
  • Feb 20, 2024 7:06am Feb 20, 2024 7:06am
Goat funded starts to be know also for kicking profitable traders. The excuse is always the same: doesn't fit they risk appetite risk.
https://www.forexfactory.com/thread/...ub/reply#reply

I've seen this multiple times in twitter and telegram.
  • #31,257
  • Feb 20, 2024 7:09am Feb 20, 2024 7:09am
Quoting Capablanca
Goat funded starts to be know also for kicking profitable traders. The excuse is always the same: doesn't fit they risk appetite risk. https://www.forexfactory.com/thread/...ub/reply#reply I've seen this multiple times in twitter and telegram.
Payout denying too or after payout made they got kicked out ? That is a difference.
  • #31,258
  • Feb 20, 2024 7:11am Feb 20, 2024 7:11am
Quoting Capablanca
Goat funded starts to be know also for kicking profitable traders. The excuse is always the same: doesn't fit they risk appetite risk. https://www.forexfactory.com/thread/...ub/reply#reply I've seen this multiple times in twitter and telegram.
The interview on RFT is not mandatory to be published. The $100k with discount is now $250 only. Spreads are very good and only $2 rtl as commission.
  • #31,259
  • Feb 20, 2024 7:32am Feb 20, 2024 7:32am
Quoting Mitiblotch
{quote} Is there a problem if the profit is high? Isn't that a good thing if you consistently win so that they can mirror your trades and also make a percentage from your profit?
Yeah....one would be led to believe that. However, we have known for 2+ years how it ACTUALLY works. We don't care how they pay as long as they pay.
  • #31,260
  • Feb 20, 2024 7:36am Feb 20, 2024 7:36am
Quoting Mitiblotch
{quote} Is there a problem if the profit is high? Isn't that a good thing if you consistently win so that they can mirror your trades and also make a percentage from your profit?
It could be a problem yes. 2% is really 20% on available DD. It is a problem at many props as you can see on this page and many before this. Just read back.
PVSRA
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