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  • #35,301
  • Apr 22, 2024 3:15pm Apr 22, 2024 3:15pm
What a bummer had a nice profitable day turned into Loss Day. All round losses. 2% down on fundingtraders free account and 2% down on alpha capital 100k free account.
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Extreme gut feeling trader
  • #35,302
  • Edited Apr 23, 2024 12:26am Apr 22, 2024 9:23pm | Edited Apr 23, 2024 12:26am
Alright Team.. Sayonara to forex prop firms... officially yolo'ed my way to margin call... all thanks to gold longs opened 20lots long for a home run hit price went up to 2334 which was like 3k shy away from passing the challenge then fell hard.

Only futures from now on. Recovering some yesterday losses
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Extreme gut feeling trader
  • #35,303
  • Apr 23, 2024 12:52am Apr 23, 2024 12:52am
MFFx not refunding fees any longer from May
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  • #35,304
  • Apr 23, 2024 1:12am Apr 23, 2024 1:12am
Inserted Video
  • #35,305
  • Apr 23, 2024 1:13am Apr 23, 2024 1:13am
Quoting Capablanca
MFFx not refunding fees any longer from May {image}
But why this BS. Giving BS explanation about payout metric. Not providing the actual reasoning why suddenly they come up with this nonsense.
Extreme gut feeling trader
  • #35,306
  • Apr 23, 2024 1:34am Apr 23, 2024 1:34am
Dylan from E8 said they would be announcing new things this week. In the meantime E8 left a hint
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  • #35,307
  • Apr 23, 2024 2:25am Apr 23, 2024 2:25am
Quoting montygoldy
{quote} But why this BS. Giving BS explanation about payout metric. Not providing the actual reasoning why suddenly they come up with this nonsense.
"It is not affecting us but we won't be paying"
  • #35,308
  • Apr 23, 2024 2:55am Apr 23, 2024 2:55am
Apex is under fire for not using live funds when they said they would. Plus all the marketing hype stuff.

I think the reason the futures firms skirted the law for so long is that they were small and had no noise coming in about them. Now they are growing on the back of the OTC firms and the rats start to run.
  • #35,309
  • Apr 23, 2024 3:57am Apr 23, 2024 3:57am
CEO of TFF

Probably paving the way for worsening conditions.
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  • #35,310
  • Apr 23, 2024 4:18am Apr 23, 2024 4:18am
Quoting Capablanca
CEO of TFF Probably paving the way for worsening conditions. {image}
In other words, Hold my Beer.
  • #35,311
  • Apr 23, 2024 4:53am Apr 23, 2024 4:53am
Quoting HengkiTjen
{quote} if your profit under radar still safe now FE,BlueGuardian,Myflash and Alpha always give payout,
No they dont, MyflashFunding just denied multiple payouts apparently due to their data processing bullshit excuse, it's all over discord, people who complained on the discord channel got banned. Some people got paid hush money aka keeping their funded account to stay afloat.

Be very careful.
  • #35,312
  • Apr 23, 2024 5:42am Apr 23, 2024 5:42am
Quoting MatTrader101
{quote} No they dont, MyflashFunding just denied multiple payouts apparently due to their data processing bullshit excuse, it's all over discord, people who complained on the discord channel got banned. Some people got paid hush money aka keeping their funded account to stay afloat. Be very careful.
why people decide to buy evaluations at these random no-name firms i will never know - its pretty much a certainty that even if you succeed, you will still get fucked
  • #35,313
  • Apr 23, 2024 5:53am Apr 23, 2024 5:53am
Quoting billGU
{quote} why people decide to buy evaluations at these random no-name firms i will never know - its pretty much a certainty that even if you succeed, you will still get fucked
Yep it's a risk for any of them, they are all unregulated and will find BS excuse not to pay out, that's just how the industry is going to be until regulations come in place.
  • #35,314
  • Apr 23, 2024 6:22am Apr 23, 2024 6:22am
Quoting MatTrader101
{quote} No they dont, MyflashFunding just denied multiple payouts apparently due to their data processing bullshit excuse, it's all over discord, people who complained on the discord channel got banned. Some people got paid hush money aka keeping their funded account to stay afloat. Be very careful.
So I'm the lucky one then
I purchased $340+ 100k account huge discount
I make over $15k so far 6 month if he wanna that account back in happy to give it back
  • #35,315
  • Apr 23, 2024 6:59am Apr 23, 2024 6:59am
Quoting Takisd
Apex is under fire for not using live funds when they said they would. Plus all the marketing hype stuff. I think the reason the futures firms skirted the law for so long is that they were small and had no noise coming in about them. Now they are growing on the back of the OTC firms and the rats start to run.
Where can I find info on this.......
  • #35,316
  • Apr 23, 2024 7:07am Apr 23, 2024 7:07am
Quoting pipmaster77
{quote} Where can I find info on this.......
Its on twitter, i dont know the extent of it but someone has taken it upon themselves to report it to the regulator and report the owners to regulator as well for being unlicesned and unregistered.
  • #35,317
  • Apr 23, 2024 7:11am Apr 23, 2024 7:11am
Quoting Takisd
{quote} Its on twitter, i dont know the extent of it but someone has taken it upon themselves to report it to the regulator and report the owners to regulator as well for being unlicesned and unregistered.
Any firm which is making profit CFTC will go after it either by themselves or via competitor. I can see same drama like they did for MyFF.
  • #35,318
  • Apr 23, 2024 7:29am Apr 23, 2024 7:29am
Quoting pipmaster77
{quote} Where can I find info on this.......
Curmudgeon Peter Brandt of all people. Screaming at people to get off his lawn

https://twitter.com/PeterLBrandt/sta...97432368673232
Trade with confidence, trade without fear.
  • #35,319
  • Apr 23, 2024 7:35am Apr 23, 2024 7:35am
Quoting pipmaster77
{quote} Where can I find info on this.......
I think it started here
https://twitter.com/PeterLBrandt/sta...33991996698737
  • #35,320
  • Apr 23, 2024 7:39am Apr 23, 2024 7:39am
Quoting montygoldy
{quote} But why this BS. Giving BS explanation about payout metric. Not providing the actual reasoning why suddenly they come up with this nonsense.
Quoting CableJ
{quote} Without the US (was 1/3 of purchase market) &/or without Meta (80-85% of platform market) plus seeing TFT go down due to insolvency... I would expect more pullback by FX props on trader friendly rules, bonuses, refunds, discounts & payouts in the coming months to survive.
The dominoes continue to fall.
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