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    • Masterrmind replied Sep 23, 2023

      Those clowns would need to clarify that statement including black and white examples, my bet would be that they cannot nor will not and hence they leave a heap of annoying ambiguity on the table. Indeed, no thanks !! Masterrmind...........

      Prop Firm Hub
    • Masterrmind replied Sep 12, 2023

      No. The reduction in leverage to maximum of 30:1 is across the board for ASIC regulated brokers. Unless you can prove you are a wholesale client or sophisticated investor only then can you get the higher leverage along with "less protection". At ...

      Prop Firm Hub
    • Masterrmind replied Sep 12, 2023

      That's why trading is highly speculative. There is no way to tell with precision exactly where price will go in the next chosen period of time. Risking 1% per trade might keep you in the game longer than the next guy risking 3% but unless your ...

      Prop Firm Hub
    • Masterrmind replied Sep 4, 2023

      Similar here in Australia. It's not worth the risk and the law suites that will follow if operating a shady Prop Firm are simply not worth it. The rules and definitions are quite clear in the Corporation's Act 2001 along with various amendments. Get ...

      Prop Firm Hub
    • Masterrmind replied Sep 4, 2023

      Bummed indeed. Especially considering that the main players here rated it at the top of the list for a Gray Prop Firm. They were paying for ages and now it's stopped. Well at least until Sept 11 but who knows what is going to happen after that date. ...

      Prop Firm Hub
    • Masterrmind replied Sep 4, 2023

      Social media on a feeding frenzy with all this fraud accusations put against My Forex Funds. Looks like everyone has come out from under their rock to post a video or two and sling mud. Goodness me it's just nasty. Masterrmind ............ ...

      Prop Firm Hub
    • Masterrmind replied Sep 3, 2023

      Absolutely agree. As we have always said on this thread, you need maybe 3 Prop Firms to cover yourself if one of them drops out of the race for whatever reason. Masterrmind.............

      Prop Firm Hub
    • Masterrmind replied Sep 3, 2023

      Probably on their radar for at least 12 months and then they ran down a rabbit hole looking for evidence. End result likely to have been the same even without his taste for exotic cars but by spending like a crazy man sure didn't help. I strongly ...

      Prop Firm Hub
    • Masterrmind replied Sep 3, 2023

      Yes this is a real issue with the longer term funded traders or perhaps more so to those who just recently got funded and might miss out on recovery of participation fee and percentage take of the funded account. However, we all knew we were dealing ...

      Prop Firm Hub