- Search Metals Mine
- PropDude1234 replied Apr 2, 2024
They are working fine. Bad traders blaming their platforms. It was ever thus.
Prop Firm Hub
- PropDude1234 replied Apr 2, 2024
They're fine. Very much a 'bad workman blames his tools'. Those and all the EA cheats / abusers who aren't happy.
Prop Firm Hub
- PropDude1234 replied Apr 2, 2024
At least those platform providers have the balls to stay in the US unlike cowardly MetaQuotes, thus giving you some options rather than no options.
Prop Firm Hub
- PropDude1234 replied Apr 2, 2024
The volume of cheating / toxic flow that has caused the likes of FTMO to introduce 'gambling' rules and ban news trading etc didn't occur until MFF were shut down. There were also exploits with the tech (I am told is fixed now) MFF were using people ...
Prop Firm Hub
- PropDude1234 replied Apr 1, 2024
MFF were far less scammy than a lot of the current props. Albeit they were taken down before the widespread cheating / abuse hit props hard. I can't see how they can come back - which payment provider would want to work with them after Stipe (who I ...
Prop Firm Hub
- PropDude1234 replied Apr 1, 2024
CTI offer MT5 to the US? MetaQuotes will not like that.
Prop Firm Hub
- PropDude1234 replied Mar 31, 2024
They're certainly not as retail friendly as CFDs, that's for sure. Perhaps some legit competition will make the Futures industry better as the days of US traders being able to use CFD firms is likely to be limited. My impression of the Futures props ...
Prop Firm Hub
- PropDude1234 replied Mar 31, 2024
I'm hearing the providers who'd enable a firm to get in the Futures space are rejecting applications / proposals and doing more due diligence. Perhaps they've see the types who've got involved with the FX prop and don't want to attract attention ...
Prop Firm Hub
- PropDude1234 replied Mar 29, 2024
Nok was under the impression Alpha (I believe) did. Whether he was right or not is another matter.
Prop Firm Hub
- PropDude1234 replied Mar 29, 2024
There also seems to be some confusion with 'letters of no action' and regulators. Take the FCA - you don't go and ask them for one. You can only get one if they investigate you and no further action is taken.
Prop Firm Hub
- PropDude1234 replied Mar 29, 2024
And, once relatively low minimums are met, all scale up and down. The reason TFT and others have gone down is nothing to do with their commercial arrangements, it's because they designed stupid programs with fine margins and didn't keep enough cash ...
Prop Firm Hub
- PropDude1234 replied Mar 29, 2024
Epfregnews AKA Nok has removed his Twitter account. Knowledgeable and thorough guy but probably good for him to have a rest. Seemed a bit of an unhealthy obsession.
Prop Firm Hub
- PropDude1234 replied Mar 29, 2024
Genuine question, if EU is banning them how is that any different? Surely it's where you're targeting, not where you're based.
Prop Firm Hub
- PropDude1234 replied Mar 28, 2024
EU already cut leverage back (IIRC) in 2017 for CFD firms. MiFID 2 has been around ages, so not sure why it would have any impact now if it hasn't for the past 10 (?) years or so, unless some new part is coming online. There needs to be new law to ...
Prop Firm Hub
- PropDude1234 replied Mar 28, 2024
Haha it's almost like a parody. Greatest movements in history.
Prop Firm Hub
- PropDude1234 replied Mar 28, 2024
Depends. If the US stays open it's no advantage and US is by far the biggest market. Nearly all the toxic flow that has hit firms really hard the end of last year onwards is from MT4/5, so it'll all be focused on a few firms. One of the reasons FTMO ...
Prop Firm Hub
- PropDude1234 replied Mar 28, 2024
Just re-looked at it - it's obviously fake with the text being different sizing etc.
Prop Firm Hub
- PropDude1234 replied Mar 28, 2024
100% A lack of regulation allows people like Angelo to enter the space, who, along with his founders, were so desperate to become big threw out all risk-management considerations. They offered programs that were never sustainable. Where's the direct ...
Prop Firm Hub