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  • #31,681
  • Feb 24, 2024 8:32am Feb 24, 2024 8:32am
Quoting CableJ
{quote} Looks like Match trader for US... so they should be safe from Meta there, but Meta could go after the 3rd party broker just like Purple, Blackbull, Blueberry, 8Cap & Thinkmarkets for grey labeling since Meta doesn't get paid for demo accounts. The CFTC can also go after the ASIC regulated broker for offering CFD access to US citizens through any platform.
Funding Pips is not allowing Match in Poland or USA. So not sure how long Match will survive either. Is it a broker level ban or a platform level ban? TBH, I truly don't give a shit any longer. I am just using the firms I am "grandfathered" into until they pull that rug and trading at AMP. Maybe I'll grab some of these $17 APEX accounts again. Blew 4 of them last year and 2 of them actually had positive equity when I blew them......kind of turned me off.
If I was single, I would have left this shithole of freedom 10 years ago. Although, without the US market and Meta pulling licenses, I don't believe the prop model is going to survive anywhere.
  • #31,682
  • Feb 24, 2024 8:36am Feb 24, 2024 8:36am
What to do if you can get your payouts only in crypto ? I never had any crypto so how does it work ? Where to open an account ? What else to do ?
  • #31,683
  • Feb 24, 2024 8:38am Feb 24, 2024 8:38am
Match trader have stated no US. Only platform for US is DX it seems and thats on borrowed time.
  • #31,684
  • Feb 24, 2024 8:48am Feb 24, 2024 8:48am
Quoting Takisd
Match trader have stated no US. Only platform for US is DX it seems and thats on borrowed time.
and Think Trader from Think Markets?
  • #31,685
  • Feb 24, 2024 8:53am Feb 24, 2024 8:53am
Quoting CableJ
{quote} actually you did put them on your list, Skilled funded Trader is Angelo/TFT.
i dont think so he may be part of the org but its run by other three guys. All positive reports till yet with them.
Extreme gut feeling trader
  • #31,686
  • Feb 24, 2024 8:54am Feb 24, 2024 8:54am
Quoting pipmaster77
{quote} Funding Pips is not allowing Match in Poland or USA. So not sure how long Match will survive either. Is it a broker level ban or a platform level ban? TBH, I truly don't give a shit any longer. I am just using the firms I am "grandfathered" into until they pull that rug and trading at AMP. Maybe I'll grab some of these $17 APEX accounts again. Blew 4 of them last year and 2 of them actually had positive equity when I blew them......kind of turned me off. If I was single, I would have left this shithole of freedom 10 years ago. Although,...

Seems like the owners of Match & DX are a bit concerned of doing what Meta is no longer allowing. As for Apex... it rewards scalping & <1.5:1 R:R systems w/ smaller sl+tp.
  • #31,687
  • Feb 24, 2024 8:58am Feb 24, 2024 8:58am
Quoting montygoldy
{quote} i dont think so he may be part of the org but its run by other three guys. All positive reports till yet with them.
Correction... it's marketed by those 3 guys, it's a white label prop.
  • #31,688
  • Feb 24, 2024 9:02am Feb 24, 2024 9:02am
Quoting CableJ
{quote} Seems like the owners of Match & DX are a bit concerned of doing what Meta is no longer allowing. As for Apex... it rewards scalping & <1.5:1 R:R systems w/ smaller sl+tp.
Yes, I'm sure I can figure Apex out. You also posted your risk model to account for the trailing.....can you share that again?
Of course, after the buffer, if you do 20 * 50K accounts, you have 50K static, equivalent of 500K funding on the forex props.
  • #31,689
  • Feb 24, 2024 9:27am Feb 24, 2024 9:27am
From TFT prop firm all MT4/5 is going without warning


What are the best MT4 Prop firms please, with attractive rules please

Thanks
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  • #31,690
  • Feb 24, 2024 9:36am Feb 24, 2024 9:36am
Quoting pipmaster77
{quote} Funding Pips is not allowing Match in Poland or USA. So not sure how long Match will survive either. Is it a broker level ban or a platform level ban? TBH, I truly don't give a shit any longer. I am just using the firms I am "grandfathered" into until they pull that rug and trading at AMP. Maybe I'll grab some of these $17 APEX accounts again. Blew 4 of them last year and 2 of them actually had positive equity when I blew them......kind of turned me off. If I was single, I would have left this shithole of freedom 10 years ago. Although,...
I would like to believe that ftmo will survive this turmoil even if mq pulled their licence. Ctrader isn't that hard to use so I think the non US traders wouldn't have a problem switching. It's 5ers am most worried about
  • #31,691
  • Feb 24, 2024 9:38am Feb 24, 2024 9:38am
Quoting Monkeyboy1
From TFT prop firm all MT4/5 is going without warning What are the best MT4 Prop firms please, with attractive rules please Thanks {image}
They must have done something wrong if they cannot allow to trade on MT5 for NON-US clients too. There are lot of props where you can still do MT as non-US person.
  • #31,692
  • Feb 24, 2024 9:39am Feb 24, 2024 9:39am
Quoting pipmaster77
{quote} and Think Trader from Think Markets?
If you remember VT trader it’s that. They bought it many moons ago and tried to launch it but failed. Seems they are going to dust off the cobwebs.
  • #31,693
  • Feb 24, 2024 9:46am Feb 24, 2024 9:46am
Quoting pipmaster77
{quote} Yes, I'm sure I can figure Apex out. You also posted your risk model to account for the trailing.....can you share that again? Of course, after the buffer, if you do 20 * 50K accounts, you have 50K static, equivalent of 500K funding on the forex props.
I have dabbled in a few ways of approaching it. I've gambled when it's super cheap ($16) @ $2500 / 3 trade risk to bust eval + $2500 / 5 risk to bust live (about 40% success eval to payout threshold). I'm currently going with $2500 / 6 risk to bust eval + $2500 / 10 to bust live. I anticipate a 60-70% pass rate in eval + 100% live to payout threshold. Once >payout threshold I go with $2500 * .4 / 10 trade risk and withdraw 70% of profits >52600 & compound the 30% remaining.
  • #31,694
  • Feb 24, 2024 9:52am Feb 24, 2024 9:52am
Quoting hayseed
sometimes you just have to write it off as a bad trade....... and move on.....h
//-----

now i see why you do not use the industry standard of each individual account number and password but rater a specific 3 musketeers type username and single global password......

logging in once gives access to all accounts listed in top right of the dxtrade screen..... funded accounts say live, challenge accounts say demo.....have to admit that's a bit of a plus.....

it could get get confusing when having multiple accounts open at multiple brokers ..... edited the thinkmarket icons to distinguish funded from demo..... had to create my own icon for nova, that stock one did not fit in.....

what seemed such a pain before now seems so minor......h
//------
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to trade and code, keep both simple... no call to impress....h
  • #31,695
  • Feb 24, 2024 9:59am Feb 24, 2024 9:59am
Quoting Takisd
{quote} If you remember VT trader it’s that. They bought it many moons ago and tried to launch it but failed. Seems they are going to dust off the cobwebs.
If in the US, it is a waste of time and energy pursuing any new prop evals. Even the ones that keep switching platforms and/or brokers....the writing is on the wall.
As I stated, I will continue with the firms I am funded with who tell me exisiting US is still allowed
With that being said, I also believe non-US customers should avoid the firms still accepting US customers, they will not survive. It's not just the potential financial loss, but time is a precious commodity as well.
Futures props.....who knows? Are they next on the radar? Certainly doesn't look like it. If any of the folks/platforms/exchanges are getting any piece of that pie....should be fine.
  • #31,696
  • Feb 24, 2024 10:05am Feb 24, 2024 10:05am
Quoting CableJ
{quote} I have dabbled in a few ways of approaching it. I've gambled when it's super cheap ($16) @ $2500 / 3 trade risk to bust eval + $2500 / 5 risk to bust live (about 40% success eval to payout threshold). I'm currently going with $2500 / 6 risk to bust eval + $2500 / 10 to bust live. I anticipate a 60-70% pass rate in eval + 100% live to payout threshold. Once >payout threshold I go with $2500 * .4 / 10 trade risk and withdraw 70% of profits >52600 & compound the 30% remaining.
Perfect. Thank You. Once passed the payment threshold and DD is static, you just apply normal risk as you would with any other firm, correct? You are risking $100 per trade once DD is static?
I like the pull 70% and compound, then the risk per trade can increase. OK, got it.
  • #31,697
  • Feb 24, 2024 10:16am Feb 24, 2024 10:16am
Quoting CableJ
{quote} I have dabbled in a few ways of approaching it. I've gambled when it's super cheap ($16) @ $2500 / 3 trade risk to bust eval + $2500 / 5 risk to bust live (about 40% success eval to payout threshold). I'm currently going with $2500 / 6 risk to bust eval + $2500 / 10 to bust live. I anticipate a 60-70% pass rate in eval + 100% live to payout threshold. Once >payout threshold I go with $2500 * .4 / 10 trade risk and withdraw 70% of profits >52600 & compound the 30% remaining.
This, right here, is exactly why there needs to be an "opt-out" clause from the "protection"
Some folks can actually protect themselves.
  • #31,698
  • Feb 24, 2024 10:23am Feb 24, 2024 10:23am
Quoting Takisd
Match trader have stated no US. Only platform for US is DX it seems and thats on borrowed time.
//----

what really confuses me is why these prop guys just don't ask Fat to remove any symbol that causes trouble..... there must be more to it......

oanda does it..... forex.com does it.....

there are swap compliant accounts, fifo complaint accounts, hedge compliant accounts even currency complainant accounts..... and there can't be cfd compliant accounts.....

makes no sense....

Fat , would just change the dang symbol set..... unless there is more to it than cfd's.....h
to trade and code, keep both simple... no call to impress....h
  • #31,699
  • Feb 24, 2024 10:27am Feb 24, 2024 10:27am
Quoting hayseed
{quote} //---- what really confuses me is why these prop guys just don't ask Fat to remove any symbol that causes trouble..... there must be more to it...... oanda does it..... forex.com does it..... there are swap compliant accounts, fifo complaint accounts, hedge compliant accounts even currency complainant accounts..... and there can't be cfd compliant accounts..... makes no sense.... Fat , would just change the dang symbol set..... unless there is more...
well, you have to also come up with the 20 million bribe, er, I mean capital requirement to become a properly registered entity in the US......so there's that.

https://www.cftc.gov/LearnAndProtect...2410%20million.
  • #31,700
  • Feb 24, 2024 10:50am Feb 24, 2024 10:50am
Quoting TrAndy1
{quote} They must have done something wrong if they cannot allow to trade on MT5 for NON-US clients too. There are lot of props where you can still do MT as non-US person.
MetaQuotes don't want their product grey labelling, it's as simple as that.

The licenced firms, FTMO etc must be loving it. Although I am told they're not necessarily safe, either.

The question is how far props with the money to do so will open brokers up etc to obtain licences like Alpha Capital.

Quoting Takisd
Match trader have stated no US. Only platform for US is DX it seems and thats on borrowed time.
Indeed, especially with the ratty people who run this Twitter feed people on here seem to hold in high regard (see attached picture).
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