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  • #6,921
  • Mar 12, 2022 2:03am Mar 12, 2022 2:03am
Quoting Masterrmind
{quote} My Forex Funds. If you don't break any trading rules and finish in some profit the firm will give you infinite free retakes. Aim this time is to get a minimum of 6% for a one time extension if I don't manage to tag the target of 8%. Masterrmind .........
Well done that you're still in the game. That's the main thing!
  • #6,922
  • Mar 12, 2022 2:21am Mar 12, 2022 2:21am
Just got this email:

FinoTrader newsletter for traders!
We are glad you have joined FinoTrader.com!
FINOTRADER.COM PROP FIRM
The licensed prop firm from the United Kingdom & London!

FinoTrader is innovative Proprietary Trading Firm developed by experts in the trading and fint-tech industry with over then 7 years experience! FinoTrader developed a unique 2-step Evaluation Course for traders. This Evaluation Process is specifically tailored to discover trading talents.

They say they are a "licenced prop firm" with 7 years experience. But my question is: what licence??
  • #6,923
  • Mar 12, 2022 2:25am Mar 12, 2022 2:25am
Quoting Mtinifx
Just got this email: FinoTrader newsletter for traders! We are glad you have joined FinoTrader.com! FINOTRADER.COM PROP FIRM The licensed prop firm from the United Kingdom & London! FinoTrader is innovative Proprietary Trading Firm developed by experts in the trading and fint-tech industry with over then 7 years experience! FinoTrader developed a unique 2-step Evaluation Course for traders. This Evaluation Process is specifically tailored to discover trading talents. They say they are a "licenced prop firm" with 7 years experience. But my question...
They might not be lying.....they are probably referring to "driving" licences.
  • #6,924
  • Mar 12, 2022 2:44am Mar 12, 2022 2:44am
Quoting Paulscaff1
{quote} They might not be lying.....they are probably referring to "driving" licences.


Masterrmind ..........
Master your Mind then Master your Trades
  • #6,925
  • Mar 12, 2022 5:07am Mar 12, 2022 5:07am
I was looking at the Trades tab and top of the list is this guy

https://www.forexfactory.com/fxsecret

From $100 to $11000 in two weeks. Absolutely incredible! And it's a live account - must be trading 1000:1 leverage because the first trades he opened all at the same time - 38 trades of 0.01 microlots.

Anyway I've never seen anything like it!
  • #6,926
  • Mar 12, 2022 5:40am Mar 12, 2022 5:40am
he is trading gold in the times when it is moving strongly in one direction.

yes I would also call it skills to chose this time to trade.

will it continue

time will tell

guy is from Egyt and 11 k is big money

hope he withdraws all
Allergic to bullshitters, never argue with fools
  • #6,927
  • Mar 12, 2022 5:46am Mar 12, 2022 5:46am
Quoting Muhammedfx
he is trading gold in the times when it is moving strongly in one direction. yes I would also call it skills to chose this time to trade. will it continue time will tell guy is from Egyt and 11 k is big money hope he withdraws all
Apparently using an EA which is for sale at $1000

When I told him it's too expensive for me he dropped the price to $250

I'm a little skeptical that any EA could consistently achieve those kind of results but hey I may be wrong!

I suppose one needs to fork out $250 and give it a go.
  • #6,928
  • Mar 12, 2022 6:14am Mar 12, 2022 6:14am
Quoting Mtinifx
{quote} Apparently using an EA which is for sale at $1000 When I told him it's too expensive for me he dropped the price to $250 I'm a little skeptical that any EA could consistently achieve those kind of results but hey I may be wrong! I suppose one needs to fork out $250 and give it a go.
do you realise if some one have an EA which makes 100 usd to 11k in two weeks will he really sale it
Allergic to bullshitters, never argue with fools
  • #6,929
  • Mar 12, 2022 6:30am Mar 12, 2022 6:30am
Come on guys this talk of EA for sale is crazy.

This is not the thread for such things.

Masterrmind ..........
Master your Mind then Master your Trades
  • #6,930
  • Mar 12, 2022 7:05am Mar 12, 2022 7:05am
Quoting Mtinifx
{quote} Apparently using an EA which is for sale at $1000 When I told him it's too expensive for me he dropped the price to $250
You can probably get it for free over in telegram mate.

But yeah.... probably not the place for it
  • #6,931
  • Mar 12, 2022 9:03am Mar 12, 2022 9:03am
Quoting Fagin
Can anyone confirm if they have had any contact wth [email protected] ("[email protected]") recently? I am still chasing my overdue payment and now they are saying billing haven't received any of my emails and strangely are not emailing me directly, it's all through support (who are getting my emails). Also on discord but i just either get spoofed by some random or waste my time trying to catch support online, who then just say the same thing. Think I am losing the plot! I am just glad I'm not owed thousands....
I recently contacted billing email address for Phase 1 Bonus payout, I think the response came from support though. But they did respond with in a day and the payout came with in 48 hours to deel from the time of first reach out to them. But have to agree that there seems to be disconnect between their support team's communication with in them.
  • #6,932
  • Mar 12, 2022 11:30am Mar 12, 2022 11:30am
Question... With MFF & FTMO if you get an extension but still don't hit 8%/10% targets, however you also don't violate 5% daily or 10%/12% draw down limits and end with positive balance... can you still get free retakes?
  • #6,933
  • Edited 2:06pm Mar 12, 2022 1:48pm | Edited 2:06pm
Quoting CableJ
Question... With MFF & FTMO if you get an extension but still don't hit 8%/10% targets, however you also don't violate 5% daily or 10%/12% draw down limits and end with positive balance... can you still get free retakes?

Why are you asking here? Would not it be better to check directly in the MFF rules or in the Discord? You can get answer straight away!

https://myforexfunds.com/evaluation/

Rule #12
Retakes and extensions

My Forex Funds are always encouraging traders to practice good, safe trading. Those that do, shouldn’t be punished.
If your Phase I 30 day limit is reached and you are in profit without any breaches on the account you are entitled to 1 free extension of up to 30 days OR a unlimited free retakes.
Our extension is only offered to users who are in profit and trade using proper risk practices. Users who do not breach however do not have consistency or risk practices in their trading are only entitled to a free retake. Trade safely, be consistent, get rewarded.

Rule #13
Resets
If you find that you have breached one of the rules, you are entitled to a discounted reset of that account. Mistakes can happen, and we understand that. We want you in our team so if you have breach the rules enjoy the following discounted prices:
10k – $75.60
20k – $125.10
50k – $269.10
100k – $449.10
200k – $881.10



I'm leaving the searching through the FTMO rules on you.
  • #6,934
  • Mar 12, 2022 7:29pm Mar 12, 2022 7:29pm
Quoting CableJ
Question... With MFF & FTMO if you get an extension but still don't hit 8%/10% targets, however you also don't violate 5% daily or 10%/12% draw down limits and end with positive balance... can you still get free retakes?
Whilst it is best to do some searching on MFF FAQs and the MFF discord I do have more information to add to this.

If you are trading Phase 2 on MFF and you fail to reach the 5% target without breaking any other trading objectives then you will restart from Phase 1 and not Phase 2.

Therefore, once you reach Phase 2 the idea should be to trade conservatively whilst continually chipping away towards that 5% target since you have 60 calendar days there should be no need to risk blowing it in the first few weeks.

Masterrmind ............
Master your Mind then Master your Trades
  • #6,935
  • Mar 12, 2022 7:59pm Mar 12, 2022 7:59pm
Free Retake Button pressed !

New account credentials emailed automatically.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-03-13-12-04-49-49_40deb401b9ffe8e1df2f1cc5ba480b12.jpg Size: 191 KB
TE has now been added to this thread and as a part of my signature.

Let's see how this $200K challenge turns out.

I plan to update the thread regularly.

Wish me good fortune (luck if you prefer)

Masterrmind ..........
Master your Mind then Master your Trades
  • #6,936
  • Mar 12, 2022 11:11pm Mar 12, 2022 11:11pm
Quoting Masterrmind
{quote} Free Reset Button appeared on Day 31. {image}I plan to press that button on Monday and attach a TE. Let's hope it's an entertaining journey for those following along. Masterrmind ........
I wish you all the best with this attempt, perseverance is a neccessary character trait to posess in trading. Without it there will be no long term success.
  • #6,937
  • Mar 13, 2022 12:34am Mar 13, 2022 12:34am
Quoting OutThere
{quote} I asked FinoTrade why they treated you this way but unfortunately, they have evaded the subject. Here is the question: hi. A trader on an fx forum who opened an account with you, apparently reached the target in less than 10 days without violating the terms. His/her account was subsequently disabled and their emails to you unanswered. Why is that? I copied and pasted your post for them so they understand the context. I also commented on the broker: I agree with IC Market's platform being horrible. I traded with them for about a year. The...
They did email me with this reply:

Hi,
Thanks for reaching out.
No account has been closed for no reason. We paid all traders which pass Phase-2 on funded account.


That doesn't say much.
Doji posted the trades that were executed. Did they look like there was anything wrong with them?
hmmm...what do they see that we don't see?

This encrypted reply certainly doesn't help.
It might as well say we are always right no matter what and we won't tell you how.
Over all, I have no confidence in this firm.

Even saying "We paid all traders which pass Phase-2 on funded account." could mean we make sure no one makes it to phase-2.
I mean of course they are not expected to pay if a trader passes only phase-1. That was not the question.
These guys still need to develop credibility if they want to go far but unfortunately, they are not trying very hard.
  • #6,938
  • Mar 13, 2022 12:39am Mar 13, 2022 12:39am
Quoting fxbarwise
{quote} I wish you all the best with this attempt, perseverance is a neccessary character trait to posess in trading. Without it there will be no long term success.
Thank you fxbarwise.

The funny thing about the challenges is that even if you successfully pass one, it still has very little to do with being a successful trader in general.

Since we also know that several traders have gained MFF funded accounts only to lose them within a month.

Therefore, I prefer to say that traders did or did not have good fortune through to the funded stage and if they then went on to lose the funded account it's quite likely that they became less fortunate or that they simply threw caution to the wind and took off their risk management cap!

As pipmaster77 has stated many times once you get the funded account the only objective is to never lose it.

I think you get the point.

ps. I would however really like to see via a TE at least one trader show a Phase 1, Phase 2 and then a funded MFF account via a $200,000 challenge account.

Masterrmind ...........
Master your Mind then Master your Trades
  • #6,939
  • Mar 13, 2022 4:56am Mar 13, 2022 4:56am
Quoting Masterrmind
Free Retake Button pressed ! New account credentials emailed automatically. {image}TE has now been added to this thread and as a part of my signature. Let's see how this $200K challenge turns out. I plan to update the thread regularly. Wish me good fortune (luck if you prefer) Masterrmind ..........

Trading is SIMPLE not EASY.
  • #6,940
  • Mar 13, 2022 5:43am Mar 13, 2022 5:43am
Quoting Capablanca
{quote} Just an update regarding this: They promised credentials for phase 2 in 24 hours but I'm still waiting (since last Wednesday). I sent another two emails and no answer. Clearly a prop to avoid until we have more reliable info from someone working with them.
An update of the update about The Trading Capital.

Feb 24th - I achieved the profit target of phase 1 (including the 10 trading days). I sent an email to them that day.
Feb 27th - I sent another email
Mar 1th - I sent another email
Mar 2nd - They replied saying that I would get credentials in 24 hours
Mar 4th - I sent another email
Mar 7th - I sent another email
Mar 8th - I sent another email

This week I was going to open a dispute in Paypal. I thought they just died.

Today I received an email with credentials:

First of all, we want to sincerely apologize for delays in our communication. We have had tremendous growth since the new year and have on-boarded many new traders. As a result, we've hired more staff and resources to help us. These new resources come into effect this week, so you can expect replies and communications from us within 24 business hours, Monday to Friday.

Recently, due to our inability to keep up with emails and requests, some traders have become very impatient and left poor reviews about us. If you could be so kind to edit or leave a positive review on our Trust Pilot, we would appreciate it greatly and it helps us, as the more traders we on-board, the better trading conditions and rewards we can set for you:

https://ca.trustpilot.com/review/thetradingcapital.com

Again, we sincerely apologize for the delays and rest assured we now have the resources to get back to you in a timely manner.

Please find your attached login credentials for your Phase 2 account.

Your start day will be when your first trade is placed

Please ensure you are 100% familiar with all our rules. If at any point you violate the parameters or any of our rules found on our FAQ page, our detection system will immediately flag your account and a notification is logged into our system which is sent to our staff. From there, our staff will contact you shortly or at the end of your trading period.

We wish you the best of luck moving forward.



Sounds that they are still alive. I'm going through phase 2 but, obviously, I don't recommend The Trading Capital to anyone until I there's evidence that they have indeed improved and that they pay.
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Metcalfe