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  • #13,121
  • Dec 23, 2022 6:40am Dec 23, 2022 6:40am
Quoting Masterrmind
{quote} Not sure if you read the whole website or if you are aware of the following: Consistency rule relates to " The profits earned on your Best Trading Day must not exceed 30% of the overall profit earned". This only applies to the verification stage so they say ! If a trader shows such an outlier in profit gained then the trader must continue to trade until your best days profit gained is less than 30%. If you were aware of this my apologies. Masterrmind ............
Terms and Conditions can be found here:
https://ospreyfx.com/funded-live-acc...ms-conditions/
Section 5 refers to all the trading rules.

Masterrmind ............
Master your Mind then Master your Trades
  • #13,122
  • Dec 23, 2022 6:51am Dec 23, 2022 6:51am
Quoting Bizziebee
{quote} Thank you. Yes I noticed but it is unlikely to be a problem seeing that I'm trying to get away from that kind of all or nothing trading I am in the process of purchasing a 25k account on this special promotion and I will put up a TE and hopefully we'll all see how I am treated. They only accept crypto payment which is a real pain in the neck.
According to their website they have a vast array of payment methods.

https://ospreyfx.com/deposit-methods/

In any case who knows until one tries.

Best of trading in your challenge.

I welcome your TE.

Masterrmind ..............
Master your Mind then Master your Trades
  • #13,123
  • Dec 23, 2022 8:47am Dec 23, 2022 8:47am
Quoting Masterrmind
{quote} According to their website they have a vast array of payment methods. https://ospreyfx.com/deposit-methods/ In any case who knows until one tries. Best of trading in your challenge. I welcome your TE. Masterrmind ..............

Thank you

No that applies to their normal fx trading accounts. For the challenge they only accept crypto. You get a barcode and crypto amount to pay within 5 hours. I am still struggling to actually do it! All the crypto exchanges require KYC etc., etc., and seems to take some time so whether the offer will be extended in my case remains to be seen. As I said this is a real pain in the neck
  • #13,124
  • Dec 23, 2022 12:03pm Dec 23, 2022 12:03pm
Quoting Bizziebee
{quote} Thank you No that applies to their normal fx trading accounts. For the challenge they only accept crypto. You get a barcode and crypto amount to pay within 5 hours. I am still struggling to actually do it! All the crypto exchanges require KYC etc., etc., and seems to take some time so whether the offer will be extended in my case remains to be seen. As I said this is a real pain in the neck
Another red flag as they accepts only crypto so trader wont be able to chargeback or file a claim.
  • #13,125
  • Dec 23, 2022 12:31pm Dec 23, 2022 12:31pm
Quoting sampat
{quote} Another red flag as they accepts only crypto so trader wont be able to chargeback or file a claim.
Exactly.
  • #13,126
  • Dec 23, 2022 3:53pm Dec 23, 2022 3:53pm
Quoting sampat
{quote} Another red flag as they accepts only crypto so trader wont be able to chargeback or file a claim.
Certainly appears to be a shady operation.

I've also tried a few similar shady operations in the past and although the entry fee was reasonable at the time of a "great" discount being offered it turned out to be a great waste of my time.

In any case I made the decision to test the waters on a few of these dodgy operations but as always the primary challenges should be directed towards the top 3 to 5 prop firms that this thread and it's great members have clearly outlined.

Masterrmind ............
Master your Mind then Master your Trades
  • #13,127
  • Dec 25, 2022 12:55am Dec 25, 2022 12:55am
Curious if anyone has won one of FTMO's Christmas giveaways, or, if you have heard of anyone actually winning anything.
  • #13,128
  • Dec 26, 2022 2:25am Dec 26, 2022 2:25am
Hello and Merry Christmas everyone!

After the new year I have decided to buy an account.
I have settled on FundedTradingPlus (FTP).

I would like to ask you to share your opinion about this company! For those of you who have observations.
I'm mostly wondering if they are by any chance a "Ponzi scheme"? Do they pay and are they generally reliable.
What I undeniably like about them is the lack of a time limit!
So please share your opinion!

Kind regards,
Vlad
  • #13,129
  • Dec 26, 2022 5:22am Dec 26, 2022 5:22am
Quoting vasal
Hello and Merry Christmas everyone! After the new year I have decided to buy an account. I have settled on FundedTradingPlus (FTP). I would like to ask you to share your opinion about this company! For those of you who have observations. I'm mostly wondering if they are by any chance a "Ponzi scheme"? Do they pay and are they generally reliable. What I undeniably like about them is the lack of a time limit! So please share your opinion! Kind regards, Vlad
Best Prop Firm out there
  • #13,130
  • Dec 26, 2022 6:25am Dec 26, 2022 6:25am
Quoting vasal
Hello and Merry Christmas everyone! After the new year I have decided to buy an account. I have settled on FundedTradingPlus (FTP). I would like to ask you to share your opinion about this company! For those of you who have observations. I'm mostly wondering if they are by any chance a "Ponzi scheme"? Do they pay and are they generally reliable. What I undeniably like about them is the lack of a time limit! So please share your opinion! Kind regards, Vlad
I wouldn't touch them with a barge pole!
  • #13,131
  • Dec 26, 2022 6:29am Dec 26, 2022 6:29am
Quoting Masterrmind
{quote} Certainly appears to be a shady operation. I've also tried a few similar shady operations in the past and although the entry fee was reasonable at the time of a "great" discount being offered it turned out to be a great waste of my time. In any case I made the decision to test the waters on a few of these dodgy operations but as always the primary challenges should be directed towards the top 3 to 5 prop firms that this thread and it's great members have clearly outlined. Masterrmind ............
Thank you Mastermind and everyone who gave their opinions on Ospreyfx

In the end I decided against it. The crypto story is most definitely a red flag and I really think is better to stick to the devil's we know
  • #13,132
  • Dec 26, 2022 6:36am Dec 26, 2022 6:36am
Quoting Bizziebee
{quote} Thank you Mastermind and everyone who gave their opinions on Ospreyfx In the end I decided against it. The crypto story is most definitely a red flag and I really think is better to stick to the devil's we know
An excellent summary.

Stick to the devil's we know.

Masterrmind..........
Master your Mind then Master your Trades
  • #13,133
  • Dec 26, 2022 9:27am Dec 26, 2022 9:27am
i'm trading from iran and MFF and FTMO put iran in sanction(as always). just found out about TFF wanna know should i get involve with them or not? i'm aiming for 5 or 6 percent a month so kinda under radar
  • #13,134
  • Dec 26, 2022 11:35am Dec 26, 2022 11:35am
I don’t see Ultra Capital Funds on the list. I think they are the BEST prop firm out now… Top 2 not 2
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #13,135
  • Dec 26, 2022 12:34pm Dec 26, 2022 12:34pm
Quoting Erpthetrader
I don’t see Ultra Capital Funds on the list. I think they are the BEST prop firm out now… Top 2 not 2
As soon as I see the word "consistency" or the phrase "we reserve the right to screw you" then I know I can move on.

No thanks!
Attached Image (click to enlarge)
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Pride always comes before destruction.... -Proverbs 16:18
  • #13,136
  • Dec 26, 2022 12:54pm Dec 26, 2022 12:54pm
Quoting Bizziebee
{quote} I wouldn't touch them with a barge pole!
Why, you just sound like a Clown.
  • #13,137
  • Dec 26, 2022 1:24pm Dec 26, 2022 1:24pm
Quoting wansiman
{quote} Why, you just sound like a Clown.
Well, let's see, I'll provide 3 HUGE reasons to kick things off.......trailing DD, the "fake" scaling (your equity goes up but your DD doesn't), you must leave your profits in if you wish to scale.
Folks really need to stop falling for the "no time limit" models. All of them are the same, similar to the "instant funding"....they offer no time limit as they are risking nothing. You are building and scaling your own account with your OWN profits. Why would you need a prop firm for that?. If you are going to use a prop, use one that gives you 10-20x what you paid for, otherwise, just trade your own account.
  • #13,138
  • Dec 26, 2022 2:59pm Dec 26, 2022 2:59pm
Quoting wansiman
{quote} Why, you just sound like a Clown.

You're the clown mate
  • #13,139
  • Dec 26, 2022 3:04pm Dec 26, 2022 3:04pm
Its funny watching people come in and pitch these awful firms and then start a fight with people. I wonder why it keeps happening
  • #13,140
  • Dec 26, 2022 3:52pm Dec 26, 2022 3:52pm
Quoting pipmaster77
{quote} Well, let's see, I'll provide 3 HUGE reasons to kick things off.......trailing DD, the "fake" scaling (your equity goes up but your DD doesn't), you must leave your profits in if you wish to scale. Folks really need to stop falling for the "no time limit" models. All of them are the same, similar to the "instant funding"....they offer no time limit as they are risking nothing. You are building and scaling your own account with your OWN profits. Why would you need a prop firm for that?. If you are going to use a prop, use one that gives you...
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