In the US, the regulated brokers are the shadiest in the world. Oanda and Forex.com and IG. I used Trader's Way and FXChoice, both non-regulated and didn't experience anything shady in 6+ years. In the US, the brokers are in the pockets of the ...

Breaking: Australian Parliament Passes Product Intervention

I posted this over a year ago explaining how regulation and leverage has nothing to do with risk. If one cannot control their own risk, shouldn't be trading in the first place. We do not need regulators telling us how to use our money. Simple math. ...

Breaking: Australian Parliament Passes Product Intervention

It's all right there on their site. Once again, shows how folks who have negative comments never even bother to research. I'll give you my experience, passed 100K challenge with 4-5 days to spare (needed 10% in 30 days), passed verification within 2 ...

FTMO - For serious traders

Yep, here we go. Every couple of weeks a new clown visits. Let me guess, we should just grow our own accounts, who needs a prop firm, etc etc. Let me make another guess, you have your own 300K account. What's your agenda? What are you selling? Are ...

FTMO - For serious traders

Yes, the NFA/CFTC in the US definitely oversteps there boundaries as well. They want to regulate the entire globe.

Breaking: Australian Parliament Passes Product Intervention

I chatted, sent them a form provided by chat, it was back to normal 5 minutes later.

FTMO - For serious traders

Why is spread suddenly 7+ on GBPAUD, usually around 2.1. Did we lose an LP?

FTMO - For serious traders

Been dealing with this in the US since 2010, you hit it right on the head. The exchanges are in the pockets of the regulators, all political bullshit . So for past 10 years I've traded at "unregulated" offshore brokers. Ironically, trading ...

Breaking: Australian Parliament Passes Product Intervention

I was thinking the same thing. I mean I am having a wonderful experience with them, so I don't doubt the credibility of the company, but yeah, first post on FF and he is a funded prop trader? I'm not buying it.

FTMO - For serious traders

One of the easiest, look at the way it respects pivot levels.

EUR/AUD

Yes, it's when you finish too early they have an issue.

Pivot Trading

Yes, I was just stating that if there max payout is 1K, it wouldn't seem worth the effort.

My journey to Full-Time trader via prop funding (and a gift!)

OK, Thanks, yes I was startled, thought maybe the targets go up on 2nd and 3rd verification. As far as the not paying over 1K, that is regardless of how much you earn? Wouldn't see the benefit there if that were the case. BTW, great thread. I am on ...

My journey to Full-Time trader via prop funding (and a gift!)

I agree 100% Davit. Actually learned to stay away for USD from you. EURAUD, EURCAD,EURGBP,GBPAUD,GBPCAD,AUDCAD,NZDCAD and AUDNZD make up the majority of my trades as well. They simply behave and respect pivots much better than other instruments.

Pivot Trading

Plus, last Thursday I passed my second Challenge (10% in a month) and am now onto Step Two Verification (15% target in 60 days). I have also just started my second challenge with FTMO and hoping you mistyped the 15% target in 60 days. It is still 5% ...

My journey to Full-Time trader via prop funding (and a gift!)

No, not at all. I experienced the 80-90 pips drop on GBP/JPY as well, fortunately my entry was at the bottom of the spike, so got stopped at BE. I was referring to all the posts regarding outages and yours specifically saying they purposely make you ...

FTMO - For serious traders

I'm about to pass my second challenge. I guess I must sleep through the server outages.

FTMO - For serious traders

It was 7 am eastern time, Boris came out and spoke like all these talking heads do and it moves the market more than the scheduled events

FTMO - For serious traders

Yes, they cannot have it both ways. If we can not take advantage of positive slippage due to it being a demo, no way we should have negative slippage. I had a GBP/JPY buy about 70 pips in profit, with s/l at BE, it closed at BE. I think I was just ...

FTMO - For serious traders

So my opinion may be skewed due to the fact that I have passed challenge and verification and I'm trading a funded account. But here is the bottom line, the 92% that fail have only lost $600 to learn that trading may not be for them. The fact still ...

FTMO - For serious traders