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  • #7,901
  • May 12, 2022 3:33am May 12, 2022 3:33am
Quoting doji
{quote} their partner EightCap is (next to ICMarkets) the crappiest broker on the planet. Not a day goes by that my MT4 platform isn't freezing, disconnected, missing indicators, taking forever to start, etc, etc. Right now, I'm so de-motivated I'm seriously wondering if it's still even worth my time to continue so I can at least get my refund and the 15% payout from profits made during the Evaluation.
Anyone knows why so MANY 'prop' firms choose EightCap as their partner? Never heard EightCap until I read this thread. If 'prop' firms collaborate with a disreputable broker, does it mean they are also disreputable?
  • #7,902
  • May 12, 2022 3:44am May 12, 2022 3:44am
Quoting ladder
{quote} Anyone knows why so MANY 'prop' firms choose EightCap as their partner? Never heard EightCap until I read this thread. If 'prop' firms collaborate with a disreputable broker, does it mean they are also disreputable?
I think it is different because you do not have live accounts with 8cap or such brokers and you do not open any accounts with them. You are using a demo server, so you have usually no slippage until the prop firm is simulating it, but without their own LPs they usually cannot do that. So that is good for us traders. Second, you cannot experience any problems in depositing and withdrawing any money because you have no own personal live accounts with such brokers. So it is different story here in my eyes. The only thing that really matters are the trading conditions, so how narrow are the spreads without any varying spikes and how much is the commission per rtl.
  • #7,903
  • May 12, 2022 3:47am May 12, 2022 3:47am
Quoting Feelas
Hello folks, it's very sad to know that tentoptraders is now off and all accounts been stopped . I am doing great result on their free funded account and now all efforts were in vain. Now I need some one here to work with coz I can't afford any registration fees . I have a good strategy and also passed all FTMO free trial accounts i joined (all login details available if interested) I contacted tentoptraders and they answered with email {image} here's my ftmo area {image}
sorry for ur loss, but this is nothing new with them they did same thing with me after passing their trial. upgraded for live acc and then suddenly they cnacelled. dont waste time on them
  • #7,904
  • May 12, 2022 4:04am May 12, 2022 4:04am
Quoting doji
Look, I know you're trying to be helpful so how about taking a look at this screenshot of my mt4 platform right now--more than 30 minutes after I logged on: {image} I'm a manual trader and use no EA's or scripts. I only trade one pair at a time. It's irritating when I have to jump on live chat and be made to feel like it's my fault that my 8Cap MT4 is malfunctioning even when I have another broker's platform running with no problems.

Hi Doji I am getting exactly the same problems all other platforms running smoothly even in high impact news events this week, When i started last week i was on 1.4 pips spread for EUR/USD on both raw and standard I messaged support and was told spreads can widen during news and holidays, I pointed out that it was like it all morning UK and there was no news or holidays anywhere and that was ridiculous .....then my spread like magic was 0.2
  • #7,905
  • May 12, 2022 4:09am May 12, 2022 4:09am
Quoting Masterrmind
{quote} Thanks for sharing Feelas. I also received an email from Basill who is apparently going to take over operations from Sam and I've asked him about my recent $100K challenge account. Once I get more information from him I will post what I can to this thread. Masterrmind ...........

They already removed every link from their website.
I hope you get your fees back .
  • #7,906
  • May 12, 2022 4:12am May 12, 2022 4:12am
Quoting inversio
{quote} sorry for ur loss, but this is nothing new with them they did same thing with me after passing their trial. upgraded for live acc and then suddenly they cnacelled. dont waste time on them
Have you got any profits split from them ?
  • #7,907
  • May 12, 2022 4:22am May 12, 2022 4:22am
Quoting Feelas
{quote} Have you got any profits split from them ?

no, after passing free trial, gave me 50k acc detail which one also a demo, then i asked what happened with live, they informed live will be copy my trade via copier, and end of month ill get profit split. but they ditched me middle of the live period and asked to participate free trial again :d


thier free trail participation is unlimated what i got after seeing few incident thats just a free marketing tool nothing else
  • #7,908
  • Edited 5:04am May 12, 2022 4:26am | Edited 5:04am
Quoting wansiman
Forex Traders UK (FTUK) They allow scalping .... "Congratulations, you have successfully reached your account milestone for login 2145723253, please close all open trades on this account so we can prepare a new trading account with more capital responsibility" And than they have a 30 seconds rule...... We understand that sometimes due to market conditions a trade can be closed within 30 seconds and that wouldn't be an issue for us. It becomes an issue for us once this is happening systematically. For this reason, we won't be able to proceed with...

Does FTUK allow all trading styles?

We allow all different profitable trading styles, the trader is free to manage their account using any strategy including scalping, day trading, swing trading and news trading.

https://faq.ftuk.com/en/article/does...styles-l3xrh8/

This is clearly a lie.
  • #7,909
  • May 12, 2022 5:06am May 12, 2022 5:06am
Quoting doji
Look, I know you're trying to be helpful so how about taking a look at this screenshot of my mt4 platform right now--more than 30 minutes after I logged on: {image} I'm a manual trader and use no EA's or scripts. I only trade one pair at a time. It's irritating when I have to jump on live chat and be made to feel like it's my fault that my 8Cap MT4 is malfunctioning even when I have another broker's platform running with no problems.
Not much of a help but TFT also has 8cap now.
Never experienced any freeze in past weeks until this morning (I make very few trades a day tough).
Quotes and chart were displayed but they simply didn't uptade. This last for about 20 / 30 seconds.
  • #7,910
  • May 12, 2022 5:19am May 12, 2022 5:19am
Quoting wansiman
{quote} Does FTUK allow all trading styles? We allow all different profitable trading styles, the trader is free to manage their account using any strategy including scalping, day trading, swing trading and news trading. https://faq.ftuk.com/en/article/does...styles-l3xrh8/ This is clearly a lie.
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  • #7,911
  • May 12, 2022 8:28pm May 12, 2022 8:28pm
Quoting ladder
{quote} Anyone knows why so MANY 'prop' firms choose EightCap as their partner? Never heard EightCap until I read this thread. If 'prop' firms collaborate with a disreputable broker, does it mean they are also disreputable?
A software provider that many firms use (including us) have a partnership with EightCap so recommend them as there is a lot to consider when connecting a prop firm to a broker. We (Traders With Edge) went a different path of partnering with a long established reputable broker that has good conditions, then worried about the integration.
  • #7,912
  • May 12, 2022 8:37pm May 12, 2022 8:37pm
Quoting Feelas
Hello folks, it's very sad to know that tentoptraders is now off and all accounts been stopped . I am doing great result on their free funded account and now all efforts were in vain. Now I need some one here to work with coz I can't afford any registration fees . I have a good strategy and also passed all FTMO free trial accounts i joined (all login details available if interested) I contacted tentoptraders and they answered with email {image} here's my ftmo area {image}
It makes me cringe the number of prop firms who allow traders to trade without a stop loss and hold trades over the weekend. It's good for marketing to the gamblers who don't have any discipline or actual trading ability, but in reality it puts the firm and the traders at risk as we can see clearly in this email. It's bad for the industry and everyone involved unfortunately.
  • #7,913
  • May 12, 2022 11:24pm May 12, 2022 11:24pm
Just wanted to pop in and share my experience with True Forex Funds.

I purchased two 10K evaluations on May 10th. I received my credentials within minutes. I made my 8% for both accounts in one hour. See outrageous schizophrenic bipolar trading behavior below.
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I then received my phase 2 credentials in about 6 hours. I proceeded to make my 4% on both accounts in about 4-5 hours. See deranged trading behavior below.
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I then got an immediate congratulatory email with a certificate followed by an email a couple of minutes later saying to go to my profile and upload my ID documents. I uploaded my documents and clicked agree to their Terms of Service and was verified within ONE HOUR!.

My funded account credentials came about 16 hours later.

Overall an amazingly smooth process. I signed up 48 hours ago and am now trading two funded 10K accounts with a potential payday in 2 weeks. I like it.

Important to note that member Capablanca had mentioned that you had to physically scan a trader's agreement, fill it out, and rescan it back to them. Apparently, they did away with that and now you just click "agree' to the Terms of Service. Very convenient.
Pride always comes before destruction.... -Proverbs 16:18
  • #7,914
  • May 13, 2022 12:56am May 13, 2022 12:56am
Quoting Expo33
Important to note that member Capablanca had mentioned that you had to physically scan a trader's agreement, fill it out, and rescan it back to them. Apparently, they did away with that and now you just click "agree' to the Terms of Service. Very convenient.
Thanks for the feedback. Always nice when we see firms improving in the right direction.
I hope they also became more efficient in payout process to prevent losing 1 or 2 business days in each 14 days cycle payout.
And congratulation for the accounts ! All the best from now.
  • #7,915
  • May 13, 2022 3:31am May 13, 2022 3:31am
Quoting Filipo1
{quote} These monkeys now even cut the performance in half… {image}
Last thing you want is all this drama when trading a $400K challenge.

Hope these clowns get it sorted and fast, totally rediculous.

Masterrmind ..........
Master your Mind then Master your Trades
  • #7,916
  • May 13, 2022 5:35am May 13, 2022 5:35am
Is this fake/fraud imposter of MFF?
The url is my-forexfunds rather than myforexfunds.
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  • #7,917
  • May 13, 2022 7:10am May 13, 2022 7:10am
Quoting Feelas
Hello folks, it's very sad to know that tentoptraders is now off and all accounts been stopped . I am doing great result on their free funded account and now all efforts were in vain. Now I need some one here to work with coz I can't afford any registration fees . I have a good strategy and also passed all FTMO free trial accounts i joined (all login details available if interested) I contacted tentoptraders and they answered with email {image} here's my ftmo area {image}
Hello Feelas;

I trust this message finds you well.

Des here from sunny Durban, South Africa. Your post yesterday derailed my trading Sir, since I am a full-time strictly discretionary, manual, one shot, one kill trader. October 2022 marks my 5 year milestone.

We all know what happens to such traders & their equity curve when their mental state is derailed. The basis for this was due to the immense sadness that you expressed & anguish which was palpable in your request on an open forum for assistance.

Don’t worry I am not upset or anything since I recalibrated my mind as I went through my end of day routine yesterday & this morning as well. I just spent a lot of time pondering on what practical assistance I could offer you in order to turn your position around. By the time I finished my morning cardio routine & run today a myriad of turn-key solutions are active in my mind.

I am unsure whether anyone has replied to you with any solutions/suggestions perhaps by PM since I don’t see any response on this thread.

The long & short is you don’t need to be in the position you are Feelas with the inability to pay the funding program fee. You have an extreme number of solutions available to you if you are a full time trader. If you’re still trading whilst still being employed in some or other business sector, you need to reach a decision as to whether you wish to continue to do that or transition into a full time trader. My solutions will only work for you if you are, or have the desire to be a full time trader.

Your profile doesn’t confirm how long you’re trading for & whether or not you’re a full time or hobby trader.

Much of the information/assistance I can offer you which has the potential to turn your position around fairly quickly is unrelated to you paying for trading challenges so it would be remiss of me to post a wall of text on this forum, which may be bothersome to members who are primarily focused on the focal point of this thread.

I would have sent you a PM if I knew whether you view or react to those on real time. I await your feedback when time permits as to whether you already came upon a solution or still require assistance.

Please be assured that I offer you the information without any reservation or underlying requirements. I earn my living from trading therefore have nothing to sell & I only extend this invite to you since this is a forum after all, where traders reach out to one another for guidance, support & assistance.

I trust you find the information in order & I strongly recommend you immediately adopt & cultivate a positive mindset & lens through which you view everything.

Sincerely,
Des
My success is due to The Great Napoleon Hill. May His Name Live Forever
  • #7,918
  • May 13, 2022 7:21am May 13, 2022 7:21am
Quoting TrAndy1
{quote} On IC Markets you would pay -459.74 USD for 10 lots long USDTRY overnight. So you better flatten your position before overnight. That difference to TPT is huge. But I would like to know the trading conditions when you are daytrading. Could you post a screenshot of spreads on FX please ? There are no commissions on FX, correct ?
Yes, they don't charge commissions but spreads are wider. Enclosed at 13.18 (London time)
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  • #7,919
  • May 13, 2022 7:36am May 13, 2022 7:36am
Quoting Capablanca
{quote} Yes, they don't charge commissions but spreads are wider. Enclosed at 13.18 (London time) {image}
That is pretty expensive, almost the double of cost in comparison to FTMO. I am no more interested in TPT. I would pay to much for their (LP's) stake when daytrading.
  • #7,920
  • May 13, 2022 7:39am May 13, 2022 7:39am
Quoting Expo33
Just wanted to pop in and share my experience with True Forex Funds. I purchased two 10K evaluations on May 10th. I received my credentials within minutes. I made my 8% for both accounts in one hour. See outrageous schizophrenic bipolar trading behavior below. {image}{image} I then received my phase 2 credentials in about 6 hours. I proceeded to make my 4% on both accounts in about 4-5 hours. See deranged trading behavior below. {image}{image} I then got an immediate congratulatory...
Yes, I think I will be adding them as my third. They meet all of my criteria, including #1. THEY HAVE THEIR OWN SERVER
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