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  • #33,541
  • Mar 28, 2024 8:45am Mar 28, 2024 8:45am
Quoting Erebus
https://youtu.be/Sts7LSyoY50?si=8OuvvKm8NxgiLjKc
shes an FPFX lapdog and fellow scammer.
  • #33,542
  • Mar 28, 2024 9:01am Mar 28, 2024 9:01am
Quoting CableJ
{quote} I pulled it off Twitter... looks like it's a fake SMH
it is there. It is real.

https://www.cftc.gov/node/245841
  • #33,543
  • Mar 28, 2024 9:11am Mar 28, 2024 9:11am
Quoting OutThere
{quote} it is there. It is real. https://www.cftc.gov/node/245841
That is True Forex Funds not TFT... that has been the only prop listed for quite some time
  • #33,544
  • Mar 28, 2024 9:13am Mar 28, 2024 9:13am
[quote=CableJ;14811750]{quote} That is True Forex Funds not TFT... that has been the only prop listed for quite some time

i saw it earlier. weird.
*puts bottle of whisky away*
  • #33,545
  • Mar 28, 2024 9:22am Mar 28, 2024 9:22am
Fellows, Can anyone remind me of the name of the old prop Firm that Angelo from TFT scammed with? Could it be something similar to FXSeed?
~ Keep on movin' ~
  • #33,546
  • Mar 28, 2024 9:24am Mar 28, 2024 9:24am
Quoting Sirut
Fellows, Can anyone remind me of the name of the old prop Firm that Angelo from TFT scammed with? Could it be something similar to FXSeed?
I believe it was FXSeed & promoted by Blake
  • #33,547
  • Mar 28, 2024 9:26am Mar 28, 2024 9:26am
Quoting Sirut
Fellows, Can anyone remind me of the name of the old prop Firm that Angelo from TFT scammed with? Could it be something similar to FXSeed?
It was fxseed
  • #33,548
  • Mar 28, 2024 9:41am Mar 28, 2024 9:41am
If you guys looking for prop firm
Funded engineer is your first choice
I been trading with them almost 1 years never been issue
Payout on-time
  • #33,549
  • Mar 28, 2024 9:46am Mar 28, 2024 9:46am
Quoting CableJ
Do you think firms without MT4/5 can survive?
Yes, of course they can - a better question is whether firms with MQ platforms can survive.

Quoting Takisd
by end of year it will be only mt5.
Lol, he posts so much (most of it crap, admittedly) that just occasionally, by the law of averages, he says something that's actually correct. And he's right about that.
  • #33,550
  • Mar 28, 2024 10:00am Mar 28, 2024 10:00am
Quoting Quickly
{quote} Yes, of course they can - a better question is whether firms with MQ platforms can survive. {quote} Lol, he posts so much (most of it crap, admittedly) that just occasionally, by the law of averages, he says something that's actually correct. And he's right about that.
Yep, law of averages. So why is it that you always post absolute crap? How does the law of averages fail you?
  • #33,551
  • Mar 28, 2024 10:29am Mar 28, 2024 10:29am
BREAKING NEWS ?!
Attached Image (click to enlarge)
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  • #33,552
  • Mar 28, 2024 10:53am Mar 28, 2024 10:53am
These are allegations against TFT and Angelo by one of teh co-founders in a law suit. 1] Misappropriation of TFT assets to start other business entities [Easton and otherfirms] 2] Buying real estate using the funds from the business [There are separate rumours that real estate was bought to give to give different women to keep them silent using NDAs] Financial misapropriation can be seen [TFT not denied these allegations in court. They are contesting the case on a different ground] Now you can have a reasonable answer about what happened to the money the firm have as on 1st September [The court case was for events before Sept]. Something happened with that money between 1st Sept and 30th Sept.
  • #33,553
  • Mar 28, 2024 10:55am Mar 28, 2024 10:55am
There is ample empirical evidence that from September TFT moved to a model of making the payouts from the future fee income. They stopped usin the money they have before 1st September. As they faced some crunch situations, after doing a cost benefit analysis, they banned Malaysia and Vietnamese traders. They tried to avoid paying them and delayed things. Initially restricted the refunds with 60 days clause. After some backlash, they agreed to refund. But even now some are waiting for the refunds. In November 2023, they registered a new entity in Colombia. "Voyage Markets". Owned by Carlos. They also reistered entities in two other jurisdictions. Payout denials started going up from October end. Percetages of people reaching payout started going up as the unlimited days factor started kicking in. From December things started looking worse. That resulted in that 15% payout denials in Jan. WIth these denials new fee income started going down. Ended in the present situation.
  • #33,554
  • Mar 28, 2024 10:57am Mar 28, 2024 10:57am
If Angelo doesn't go to prison..........I have lost all faith in the system.
  • #33,555
  • Mar 28, 2024 10:59am Mar 28, 2024 10:59am
Quoting TrAndy1
These are allegations against TFT and Angelo by one of teh co-founders in a law suit. 1] Misappropriation of TFT assets to start other business entities [Easton and otherfirms] 2] Buying real estate using the funds from the business [There are separate rumours that real estate was bought to give to give different women to keep them silent using NDAs] Financial misapropriation can be seen [TFT not denied these allegations in court. They are contesting the case on a different ground] Now you can have a reasonable answer about what happened to the...
It still amazes me how those pricks have a extremelly profitaable business and start making crimes by using the company funds for partys ect, he really deserves to root in jail
  • #33,556
  • Mar 28, 2024 10:59am Mar 28, 2024 10:59am
1] What happened to the money TFT has in its coppers as on 1st September? Is it in Colombia? Is it in UAE? Is it in Turkey?

2] When TFT is set to relaunch on 18th April, are they going to relaunch with payout guarantee as a promise using the money they had as on 1st September?

3] Are they going to relaunch using Colombia as new juridiction or UAE or some other country or from US itself? You will find answers in public very soon
  • #33,557
  • Mar 28, 2024 11:02am Mar 28, 2024 11:02am
Quoting TrAndy1
There is ample empirical evidence that from September TFT moved to a model of making the payouts from the future fee income. They stopped usin the money they have before 1st September. As they faced some crunch situations, after doing a cost benefit analysis, they banned Malaysia and Vietnamese traders. They tried to avoid paying them and delayed things. Initially restricted the refunds with 60 days clause. After some backlash, they agreed to refund. But even now some are waiting for the refunds. In November 2023, they registered a new entity in...
And add to that those boat parties that are expensive and other things that we dont even now, prop firms are profitable angelo just burned his kingdom by his fault
  • #33,558
  • Mar 28, 2024 11:08am Mar 28, 2024 11:08am
@TFT: MT4 / MT 5 didn't hit them. It happened in Feb. Denials started much earlier. Actually MT issue helped them immensley as they intentionally started breaching the accounts on purpose. So payouts wont be there and tried to buy time through compensation etc. What they didnt expected was the kind of impact on their sales.

They got hit because of three reasons:

1] Misappropriation and the decision to make the payouts from future fee income [after 1st Sept]
2] Moving to unlimited days without doing proper risk management and risk mitigation.
3] Mismanagement
  • #33,559
  • Mar 28, 2024 11:15am Mar 28, 2024 11:15am
Quoting TrAndy1
@TFT: MT4 / MT 5 didn't hit them. It happened in Feb. Denials started much earlier. Actually MT issue helped them immensley as they intentionally started breaching the accounts on purpose. So payouts wont be there and tried to buy time through compensation etc. What they didnt expected was the kind of impact on their sales. They got hit because of three reasons: 1] Misappropriation and the decision to make the payouts from future fee income [after 1st Sept] 2] Moving to unlimited days without doing proper risk management and risk mitigation. 3]...
They got greedy
  • #33,560
  • Mar 28, 2024 11:20am Mar 28, 2024 11:20am
Because of this bullshit i really think in one year there will be only top 3 or 4 forex prop firms and the most trustables
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