- Search Metals Mine
- sampat replied Sep 1, 2023
On positive side if they come out clean (most probably chance are dim...North American traders will will have some shit conditions like 30:1 leverage and No CFD etc) they will rise more....
Prop Firm Hub
- sampat replied Sep 1, 2023
Well they want to capture market like when Funding Talent went down MyFF got most of their clients. Somebody's loss is somebody's gain.
Prop Firm Hub
- sampat replied Sep 1, 2023
I really don't understand how does it make difference? Anyone can go public but shit goes down nothing can help. If government froze company's bank account how does a pubic or private thing matters. I think ASIC was just bluff as they had issues ...
Prop Firm Hub
- sampat replied Aug 31, 2023
It amazes me how BIG banks who do billions of dollars of manipulation (in forex) gets away with small fine and continue operations and small fly like prop firm who pays regularly to thousands of traders gets scrutinized.
Prop Firm Hub
- sampat replied Aug 31, 2023
Well technically they are paying fees. CFD doesn't come out of thin air. CFD brokers liquidity provider must be paying fees to exchange to execute orders. Spreads in futures are pretty less as compared to CFD contract. If they are B-Booking exchange ...
Prop Firm Hub
- sampat replied Aug 31, 2023
Well they have already started before Funding Talent got busted. But I agree they could have moved.
Prop Firm Hub
- sampat replied Aug 31, 2023
They can do anything man, Today I got message from Coinbase they are discontinuing USDT from Canadian division. Don't you think it is too much of coincidence where two regulators from two different countries sue at the same time unless they are ...
Prop Firm Hub
- sampat replied Aug 31, 2023
Yep but he is stating facts
and saying stay away from north american brands.Prop Firm Hub
- sampat replied Aug 31, 2023
Well but they are acting like Funding Talent and TPT. Just posting message like Frozen account is not enough How about "The exact name of the regulator, the case number, will be on the letter. etc " When TPT got busted they said its secret. Don't ...
Prop Firm Hub
- sampat replied Aug 31, 2023
Usually when SEC or any other regulators goes after anyone they have full proof case. It is difficult for MyFF to come out even if they come out they will have very restricted conditions like lower leverage, No CFD etc.
Prop Firm Hub
- sampat replied Aug 31, 2023
Yep but they should have posted some URL or document they received from regulators. Blocking discord doesn't help it will create more panic.
Prop Firm Hub
- sampat replied Aug 31, 2023
Haha You can't win against Left Liberals they even introduced fully grown Man in Miss Universe and able to convince people to cheer up.
Prop Firm Hub
- sampat replied Aug 31, 2023
Well if MyFF goes down it will bring every thing in North america down. Regulators always goes after TOP BIGGEST THING so it will have ripple effect on smaller firms. Now with what's happening with MyFF people with stop signing up with E8, TPT, ...
Prop Firm Hub
- sampat replied Aug 31, 2023
How? only thing Regulators can do is make nexus with credit card companies and banned all prop firms like they did for Binary options and offshore forex brokers. So what if MyFF decides to go offshore and I pay in crypto. How government will stop ...
Prop Firm Hub
- sampat replied Aug 31, 2023
Why MyFF didn't post any link of notice? Atleast they should provide online reference. It reminds me TPT fiasco.
Prop Firm Hub
- sampat replied Aug 31, 2023
I really dont understand why US and Canadian governments are not after FOREX.COM and Oanda they are biggest scammers where spreads are way big slippages etc and what they did in swiss tsumani.....
Prop Firm Hub
- sampat replied Aug 31, 2023
Well its government not FIRM sooner all north American firms will get same thing.
Prop Firm Hub
- sampat replied Aug 31, 2023
Not really people will start incorporating in offshore location where rules are liberal and governments are not after you.
Prop Firm Hub