Their conditions are 10 times more difficult and 10 times more expensive plus u have to be day trader closing everything at 5 pm est. Plus u can't trade cross pair.

Prop Firm Hub

Which one you will pick dying by sword or gun US is way better than canada in terms of forex regulations.

Prop Firm Hub

They have so much money they can even buy president JPMorgan, Goldman sacs dont give a shit to these regulators. MONEY IS HONEY....

Prop Firm Hub

It will not be very difficult. Look at this forum itself many people are cheering because MyFF got caught and have luxurious life even though all of them heart to heart knows MyFF was paying honestly (I understand they have slippage issue ...

Prop Firm Hub

Yes. Even if that is not the case it will impact them as their revenue will be impacting greatly. Also it increases rumors and cheating activities by trader's as any non-payment will cause lot of Noise pollution. Who will sign up for TFT now? Even ...

Prop Firm Hub

Well as long as they are accepting any North american clients (directly or indirectly) they can sue them. Why do you think any good forex brokers (offshore) is not accepting forex clients from US or Canada?

Prop Firm Hub

The difference here is banks may be paying millions for doing billions in fraud (including kickbacks to judges and authorities) I am afraid MyFF is not having that kind of money. The way they are building case I dont think as much as I like ...

Prop Firm Hub

If MyFF closes no body is getting any dime. Look at Funding Talent they didn't pay any thing they still owe me 9.5K

Prop Firm Hub

This is what I was worried about, I dont undersand why anyone will be happy with MyForexFunds going down mainly Canadians and Americans.

Prop Firm Hub

Well its their marketing strategy. People in the world have perception legal entity in North America are more trusted all over the world and Kazmi is from Canada too.

Prop Firm Hub

Nope it will wipe out all prop firms. The problem with regulation is that they will make prop firm conditions like shit which will result in more failed challenges Compare Futures prop firm you will get idea. How expensive they are with 10 times ...

Prop Firm Hub

Amazing world we are living in where CASINOS are legal since they have license. People don't call them fraud. Regulated brokers who scams the same way CFTC is blaming MYFF and people are not calling regulated ones as Fraud Drugs are legal in ...

Prop Firm Hub

What makes you think they cannot do for FTMO and TFF? Do you think MyFF was in US? They will just sue them and block all traders. As long as there is any person from North american soil trading with them they can sue any body. How difficult is for ...

Prop Firm Hub

Why not doing chargeback on credit card? That will make more effective and quick?

Prop Firm Hub

Agree but if something wrong is always wrong. Hundreds of year ago I can beat a woman with stick and there was no punishment as there was no law that doesn't make me right on civil matter like this where every body wins CFTC doesn't need to go ...

Prop Firm Hub

Don't you think all B-Booking firm is not doing same? If you go and deposit 10K to regulated broker like Forex.com and loose money or fail 5 challenges with potential to make more money which one is far better? If CFTC goes into those statistics ...

Prop Firm Hub

Haha you are lucky BC is good look for Alberta even Canadian regulated brokers cannot accept Alberta residents. Some body needs to teach regulators some basic knowledge salary in alberta is 30-80K on average for most of jobs. Only some ...

Prop Firm Hub

Do you think they are doing it for investor? If so you are ignorant just kidding . They will get 300 million. If they have cared about investors forex.com and oanda would have been shuttled down years back because of their shady practices.

Prop Firm Hub

Couple of things. i am not sure why people here is saying MyFF is fraud. By this logic Forex.com, Oanda is also fraud. If CFTC is so worried about spread manipulation They have double commissions. How they are fraud? They are paying regularly ...

Prop Firm Hub

Well they need money to distribute freebies and get votes elections are coming ........

Prop Firm Hub