I would be surprised if they are actually using a broker in any official capacity. They have already stated that they are selling trading data, so they would really only need demo accounts for that, I presume.

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-It's the same 'idea' being used by Ment and other firms that started popping up around that time; the same firms that are using 8cap. I think it's a new white label program.

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-Respectfully, you are not fooling anyone. I never suggested to provide the kind of account that you are talking about. What you are doing is forcing the trader to use his/her profits to serve as 100% of the draw-down allowance. The moment that you ...

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Reasons why most people blow up: They cannot overcome the temptation to fully-maximize profit potential. Furthermore, they want to make 1K/day or more of profit and instead of doing that with multiple accounts to reduce risk, they are trying to do ...

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-Traders can and should treat the account as an asset, and taking out profits should not prohibit them from doing that. The only reason that it does in this case, is because of how the program is structured. Draw-down allowance is king. When you ...

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-Because securing profits is what professional traders do. It is surprising to me that you would advocate otherwise. Any program with a trailing draw-down that forces a trader to lock in their own profits does not have the trader's best interests in ...

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-If that were true, no one would be selling or shorting the market.

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-Hindsight is 20/20.

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-I'm not really sure why MFF decided to reinvent the wheel in terms of account creation, dashboard etc.. My guess would be that they decided that it would be better, and would offer them more control over things etc.. But I agree, and even the ...

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-Thanks for the clarification. I get it. Some people have different circumstances. However, I wasn't aware of the additional €250 payment before receiving your account. I think, if you can flip an account that many times without going bust, then you ...

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-Doubt it. Likely, you are required to flip an account multiple times without breaking draw-down rules. Then, you are likely given an account that is not 100K, but really 4K or similar. Some people do not have 1K to invest in these programs, though. ...

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-It seems that he might have real issues, because this is beyond trolling.

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-Just ignore it. Unless someone is selling something or making some wild claim that could adversely impact others, nobody needs to prove anything to anyone, especially to those guys. And honestly, it would not matter if you did, because they would ...

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I was also curious about the live account statistics. Including the other account types makes sense. I have also seen the discord chat where people are confused about things like varying contract sizes for indices, trading breaks and end-of-session ...

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-Leaving you with $1 draw-down allowance?

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-Very interesting data. Not super surprising, although, I wonder what the real numbers are for this: I think that the recent interview with founder said that it was only around 5% that use a stop-loss, but maybe that number has changed.

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-Unless a firm is also bringing something to the table, they should not expect traders to use their own profits to serve as draw-down in order to protect the firm's capital. Any firm that does this may not have your best interests in mind. That ...

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Here is a basic overview of one of MFF's direct-funding accounts. There might be some errors in it, but it shows basically what is happening. The bad part is, even though the profit targets in this diagram say 20%, they are really 50% and 100% ...

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I think that getting hung up on these things is not important. Having a larger account balance is important, just as having more leverage is also important. The point is, many of these direct-funding programs offer only a little bit of leverage, and ...

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-I mentioned this before, and this is probably why you usually see very small leverage being offered with these direct-funding accounts. Which is also why I say, if you double your starting capital on your own account, and trade with a broker that ...

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