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  • #4,421
  • Oct 7, 2021 8:12am Oct 7, 2021 8:12am
Quoting Masterrmind
{quote} Wow that's an insane waiting time. Should be 1 to 2 days. Better yet, have the process automated. I hope you get it soon. I'm assuming you have been in contact with support. My experience has been very positive however, I am yet to get to Phase 2 on MFF. Masterrmind .........
Their normal turnaround was 24-48 hours. Then they got inundated with funding talent refugees. So turn around times have been extended.

Requested a phase II on Monday, they inadvertently gave me a 20k instead of 200k. They sorted it and had it to me this am.

Josh has been vocal with the status and pending system upgrades ie: auto provisioning of accounts.
Trade with confidence, trade without fear.
  • #4,422
  • Oct 7, 2021 10:03am Oct 7, 2021 10:03am
Quoting pipmaster77
{quote} Automated and instant within 30 days is what I'm hearing.
They said they were automating 6 months ago. Empty promises.

I bought a new challenge 48 hours ago and nothing yet.
Pride always comes before destruction.... -Proverbs 16:18
  • #4,423
  • Oct 7, 2021 10:14am Oct 7, 2021 10:14am
Quoting Boulder
{quote} My first MFF account got phase II within 48 hours last week, this is my 2nd account for phase II, I requested this Monday, I contacted their support due to delay, they did email me back this morning, I will let you know when I get it. I understand they are busy.
I just got mff phase II login info for one of my accounts. All set . Basically I requested on Monday, they emailed me case number on Tuesday , final setup on Thursday today.
I just request a live account, wait to see how long that takes.
  • #4,424
  • Oct 7, 2021 4:05pm Oct 7, 2021 4:05pm
I would love everyone to check out our free trial at www.E8funding.com and please leave any feedback. You can contact us Via the support chat or feel free to message me directly. I will also try to keep up with this thread. Happy and safe trading to all!
  • #4,425
  • Oct 7, 2021 4:28pm Oct 7, 2021 4:28pm
Quoting DylanE8
I would love everyone to check out our free trial at www.E8funding.com and please leave any feedback. You can contact us Via the support chat or feel free to message me directly. I will also try to keep up with this thread. Happy and safe trading to all!
Can you please explain how it is different/better than any other prop firms. It looks like most expensive deal in the market plus lowest allowed drawdown 8% while norm is 10%?
  • #4,426
  • Oct 7, 2021 4:45pm Oct 7, 2021 4:45pm
Hi Sam,
Sure I am happy to answer that and explain the reasoning. We have invested a significant amount of time and money into the tech we provide via our custom Dashboard. We took the longterm approach of thinking: if we provide our traders with the best user experience they could stay focused on the important things like trading. No other proprietary trading firms have gone where we have in providing up to $1,000,000 in Funded Account opportunities, top tier liquidity with raw spreads, our own Mt4 servers, instant credentials, free trials etc. straight from the start. We are here to stay. As for the 8% drawdown it is in line with the 8% profit target. As long as you know how to manage risk properly the drawdown shouldn't be an issue and thats what we are looking for. We want to find the hidden talent within the industry who understands statistic based trading and can use our tools to grow into their full potential. Also the fee is 100% refundable at your first withdrawal. There is a significant cost to cover our tech and risk management. This fee is to ensure both the trader is using the platform with the right intentions and to ensure the psychology aspect is working within the traders mind.

Hope this provides some clarity. I think you will really enjoy the free trial

Dylan
  • #4,427
  • Oct 7, 2021 5:31pm Oct 7, 2021 5:31pm
Quoting DylanE8
Hi Sam, Sure I am happy to answer that and explain the reasoning. We have invested a significant amount of time and money into the tech we provide via our custom Dashboard. We took the longterm approach of thinking: if we provide our traders with the best user experience they could stay focused on the important things like trading. No other proprietary trading firms have gone where we have in providing up to $1,000,000 in Funded Account opportunities, top tier liquidity with raw spreads, our own Mt4 servers, instant credentials, free trials etc....
Thanks for stopping by. I see you have a thread dedicated to the site.

It's nice to see a company that put some infrastructure in place first! Automated credentials and a slick dashboard are the way to go. Good luck. At some point, I'm sure I will sign up.
Pride always comes before destruction.... -Proverbs 16:18
  • #4,428
  • Oct 7, 2021 5:36pm Oct 7, 2021 5:36pm
Quoting Expo33
{quote} Thanks for stopping by. I see you have a thread dedicated to the site. It's nice to see a company that put some infrastructure in place first! Automated credentials and a slick dashboard are the way to go. Good luck. At some point, I'm sure I will sign up.
Thanks for the kind words! Look forward to seeing you on the team.
  • #4,429
  • Oct 7, 2021 6:43pm Oct 7, 2021 6:43pm
Quoting DylanE8
{quote} Thanks for the kind words! Look forward to seeing you on the team.
I cannot find any info on the scaling process. 100K is largest initial challenge? How does one scale? Does scaling take place even when you withdrawal the entire split each month or must all or some remain? Thanks
  • #4,430
  • Oct 7, 2021 6:52pm Oct 7, 2021 6:52pm
Quoting pipmaster77
{quote} I cannot find any info on the scaling process. 100K is largest initial challenge? How does one scale? Does scaling take place even when you withdrawal the entire split each month or must all or some remain? Thanks
I was wondering the same, got this response from chat.

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  • #4,431
  • Oct 7, 2021 6:59pm Oct 7, 2021 6:59pm
Quoting pipmaster77
{quote} I cannot find any info on the scaling process. 100K is largest initial challenge? How does one scale? Does scaling take place even when you withdrawal the entire split each month or must all or some remain? Thanks
Look through the Help menu at the bottom of the page. It has some info on scaling.
Pride always comes before destruction.... -Proverbs 16:18
  • #4,432
  • Oct 7, 2021 7:57pm Oct 7, 2021 7:57pm
Quoting Expo33
{quote} Look through the Help menu at the bottom of the page. It has some info on scaling.
Thanks Expo. So looks 16% in a month and you must join the elev8 program for almost a grand for 100K. Still very vague, do they double it? OK, found it, so takes 9 scales to get the million. Then I can chose to have a trading desk at one of their offices around the globe. However, the company address is a $116/mo virtual address? Something seems fishy, just sayin'
  • #4,433
  • Oct 7, 2021 8:08pm Oct 7, 2021 8:08pm
Quoting JFphuket
{quote} I was wondering the same, got this response from chat. {image}
So they encourage high risk trading, seem to have no physical address but own multiple trading floors around the world.






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  • #4,434
  • Oct 7, 2021 8:14pm Oct 7, 2021 8:14pm
Quoting Dmh
{quote} So they encourage high risk trading, seem to have no physical address but own multiple trading floors around the world. {image}
That's what I'm saying lol. I mean the whole prop firm space is shady, actually, forex in general is shady. I still feel FTMO and MFF are transparent, but when you get this kind of "you can have the option of a desk at one of our global trading floors", yet there isn't even an actual physical presence for the company.....that's deception. Deception makes me question these companies right up front.
  • #4,435
  • Oct 7, 2021 8:24pm Oct 7, 2021 8:24pm
Quoting pipmaster77
{quote} That's what I'm saying lol. I mean the whole prop firm space is shady, actually, forex in general is shady. I still feel FTMO and MFF are transparent, but when you get this kind of "you can have the option of a desk at one of our global trading floors", yet there isn't even an actual physical presence for the company.....that's deception. Deception makes me question these companies right up front.
Agreed plus they are not most expensive challenge in the market. I dont understand why any one will experiment on costliest available choice. Atleast if they reduce price one can give a take especially after funding talent fiasco.
  • #4,436
  • Oct 8, 2021 1:24am Oct 8, 2021 1:24am
About late MFF responses.

I didn't finish MFF evaluation in profit,so I've send request for free extension.
I've received answer within 14 hrs:

Hello,

You have been awarded an extension for Four weeks on the same account.

Regards, etc etc

So I'm continuing on same account,but I was only about $20 over 100k limit thou -)
Whether you think you can, or you think you can't,you're right. H.F.
  • #4,437
  • Oct 8, 2021 4:28am Oct 8, 2021 4:28am
Quoting pipmaster77
{quote} That's what I'm saying lol. I mean the whole prop firm space is shady, actually, forex in general is shady. I still feel FTMO and MFF are transparent, but when you get this kind of "you can have the option of a desk at one of our global trading floors", yet there isn't even an actual physical presence for the company.....that's deception. Deception makes me question these companies right up front.

I know Josh is trying to build one in Europe but when i asked about it he said its hard and i quote "because we (the people in the company) want quiet, relaxing, by the beach type vibes but our customers want strippers, lambos and a steak for 500 bucks type vibe. Its almost like anything I build will be insulted by the majority of the community so we may just make our trading floor invite only when the pandemic is over and if people don't accept the invite its fine, if they do then that is great. But from what I can see most people will not want to visit the trading floors we look to open".

I think people need to get over the physical presence shit because the fact is none of us will use it and most of the traders don't make enough to by the ticket let alone pay for a hotel for a period of time that matters.

If he builds one in my country, I probably will visit sometimes but rarely. I'm more likely to go after friday close and drink with the people than to share a common space with them whilst trading.
  • #4,438
  • Oct 8, 2021 5:07am Oct 8, 2021 5:07am
Quoting Boulder
{quote} Thank you Mastermind for your thread, I happened to read your posts 3 weeks ago, I started FTMO and MFF, currently 3 accounts on phase 2, hope all goes well.
Well done.

As pipmaster77 says the Phase 1 is the hardest to get through and depending on your trading style and amount of good fortune it can be quite the ride.

Masterrmind .........
Master your Mind then Master your Trades
  • #4,439
  • Oct 8, 2021 5:18am Oct 8, 2021 5:18am
Quoting Cryptosurf
{quote} Their normal turnaround was 24-48 hours. Then they got inundated with funding talent refugees. So turn around times have been extended. Requested a phase II on Monday, they inadvertently gave me a 20k instead of 200k. They sorted it and had it to me this am. Josh has been vocal with the status and pending system upgrades ie: auto provisioning of accounts.
Yes I follow the MFF discord very closely and get instant notifications.

I don't spend alot of time going through the general chat as it's basically crazy clutter.

Same old questions again and again.

Enough to make a moderator reach for another bottle of top shelf.

Masterrmind ........
Master your Mind then Master your Trades
  • #4,440
  • Oct 8, 2021 5:21am Oct 8, 2021 5:21am
Quoting Simply-Me
About late MFF responses. I didn't finish MFF evaluation in profit,so I've send request for free extension. I've received answer within 14 hrs: Hello, You have been awarded an extension for Four weeks on the same account. Regards, etc etc So I'm continuing on same account,but I was only about $20 over 100k limit thou -)
Extension of Time Account:

If you end in profit but fail to meet profit target by abiding by all rules do you get another free retake from initial account balance ?

I actually do not know the answer to the above question since provided all conditions are met bar the full target a free retake can occur an infinite number of times but the free extension is listed as 1 time only so does this mean all future retakes will be from initial account balance eg 100k would start over from 100k?

Masterrmind ........
Master your Mind then Master your Trades
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