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  • #15,361
  • Apr 24, 2023 7:43pm Apr 24, 2023 7:43pm
Quoting Vitore
{quote} My accounts on demo servers (challenges) were down but on live (funded) were working
Yeah, I observed the same.
  • #15,362
  • Apr 24, 2023 7:54pm Apr 24, 2023 7:54pm
One of the mods let it slip in MFFX's Discord channel, the second broker is ThinkMarkets. I haven't heard of them before though.
  • #15,363
  • Apr 25, 2023 12:43am Apr 25, 2023 12:43am
Quoting Vitore
MFFX: ANOTHER MAJOR ANNOUNCEMENT Tomorrow our new withdraw feature goes LIVE After submitting a withdraw request, you will instantly receive a reset funded account and can continue trading right away while waiting for the deposit.
So, no downtime for payout. This is a very good improvement. Shame on TFF with their obsolete payout process and even on TFT, despite they reduced recently the payout time.
A small detail: I prefer when they deduct the profit from the account and keep the same account number, which preserves history.
  • #15,364
  • Apr 25, 2023 2:53am Apr 25, 2023 2:53am
Quoting AaronPriest
One of the mods let it slip in MFFX's Discord channel, the second broker is ThinkMarkets. I haven't heard of them before though.
let's see what happen, regulated in Europe ok

but never heard them for good spreads... so the new entry in the prop business.. we will see asap how the spreads are. I guess will be not so good like eightcap but let's wait to see their spreads.
in holiday till end of November
  • #15,365
  • Apr 25, 2023 4:53am Apr 25, 2023 4:53am
Quoting forexbali
{quote} let's see what happen, regulated in Europe ok but never heard them for good spreads... so the new entry in the prop business.. we will see asap how the spreads are. I guess will be not so good like eightcap but let's wait to see their spreads.
I have been using them on and off for many years. Spreads are ok but it of course depends on what kind of a setup MFFX will have with them. I would probably get my next MFFX account with Thinkmarkets after verifying that there are no markups on the spreads.
  • #15,366
  • Apr 25, 2023 10:09am Apr 25, 2023 10:09am
lol thinkmarkets, Faizan and Numan are quite possibly the most horrible people on the planet. You guys pumping up that they are working with those people.. Yikes.

Time to disappear for a while from this thread.
  • #15,367
  • Apr 25, 2023 4:06pm Apr 25, 2023 4:06pm
Rapid program looks more and more interesting to me, but still didn't try it. It looks like the 12 % of profit you made is counted from initial balance with every pay cycle. For example you start 100000 account and earn 10000 within first 2 weeks. You get paid 1200 and your balance is 110 000. After another two weeks you earn only 100 extra, so balance is 110 100 . You get again 12 % from 10100 profit which is 1212. Account doesn't reset so also drawdown allowance gets bigger.

Also there is refresh option, which is much cheaper than buying new account, so when you start and hit drawdown you can refresh account and start from original balance. Looks interesting.
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  • #15,368
  • Apr 25, 2023 4:54pm Apr 25, 2023 4:54pm
This review of BigPipFunding aims to provide an unflinching analysis of a prop firm that has displayed an array of red flags and scam-like attributes.
At first glance, BigPipFunding offers a two-step challenge, promising greater benefits and increased daily drawdowns. However, further investigation exposes numerous inconsistencies and dubious practices that warrant a deeper examination.

The company's geographical inconsistency is particularly alarming. Although BigPipFunding purports to be based in Saudi Arabia, payments are processed in Bangalore, India. This discrepancy is not only perplexing but also suggestive of potential financial misconduct, raising immediate concerns about the firm's credibility.
Moreover, BigPipFunding employs a heavy-handed approach to communication, suppressing any dissenting voices within the "prop firm group." Instant bans are issued to anyone who dares criticize or question the firm's legitimacy, pointing to an unwillingness to engage in open dialogue or address valid concerns.

My personal experience with BigPipFunding was marred by unprofessionalism and disarray. Upon completing phase 1 and phase 2 of the challenge, I was inexplicably instructed to trade before signing a contract. This audacious request raises serious ethical and legal concerns. When I sought clarification, the company's dismissive and nonchalant response of "don't worry" was far from reassuring.

Trading on a funded account turned out to be an exercise in futility. The support team was unresponsive, disorganized, and seemingly incapable of handling even rudimentary queries. This level of incompetence suggests not only a glaring disregard for traders' needs but also a lack of genuine commitment to their success.
The most disconcerting aspect of BigPipFunding is the anonymity of its owners. The website, with its antiquated 90's HTML design, offers no information about the individuals behind the operation. The sole point of contact is a Telegram group admin named "Spencer," whose connection to the website is ambiguous at best. This conspicuous lack of accountability raises significant doubts about the company's legitimacy and integrity.

A perusal of BigPipFunding's Discord channel uncovers a litany of trader grievances, including missing payouts, spontaneous account resets despite full payment, and unexplained delays in challenge progression. These issues, compounded by the company's blatant indifference to client concerns, depict a deeply troubling portrait of a firm that seemingly prioritizes its bottom line over customer satisfaction and transparency.

This review of BigPipFunding serves as a stark warning for traders to steer clear of this prop firm. The extensive list of red flags, unprofessional conduct, and lack of transparency should be more than enough to dissuade even the most adventurous traders from engaging with BigPipFunding. It is of paramount importance to exercise due diligence when selecting a prop firm and to seek reputable, transparent alternatives that prioritize integrity and trader success.
  • #15,369
  • Apr 25, 2023 6:48pm Apr 25, 2023 6:48pm
OranJuice,

Informative review & we have been forewarned. In time the prop firms will be traveling down the same road as the USA based forex Brokers & you know where that road leads in the end. All the thanks will go to the government & regulators.

Thank you for sharing.
______________________________
  • #15,370
  • Apr 26, 2023 3:49am Apr 26, 2023 3:49am
Quoting youngD
Rapid program looks more and more interesting to me, but still didn't try it. It looks like the 12 % of profit you made is counted from initial balance with every pay cycle. For example you start 100000 account and earn 10000 within first 2 weeks. You get paid 1200 and your balance is 110 000. After another two weeks you earn only 100 extra, so balance is 110 100 . You get again 12 % from 10100 profit which is 1212. Account doesn't reset so also drawdown allowance gets bigger. Also there is refresh option, which is much cheaper than buying new account,...
thanks for the review off it.. as I said, it seems so that RAPID is the inique instant funding interesting. Also other IF are absolute drawdown after the scale.
But Rapid refund the fees. And no one does.

Also you will get at some point an additional live account, and you can trade both, the demo of 100K+ and the new funded account. And you can also use a copier so continue to trade the 1st and copy on the 2nd or viceversa. That will be additional income.

The max capital of 300K demo or 37.5K with 100% payout don't put this program on the radar of big prop traders that want to start with 300K or 400K accounts. But if more review will come, we can confirm that this is the unique and good opportunity for small traders because of the refund fee the IF will be at some point a cost of 0%. So you trade with prop money.

If you can just check after which rule they refund the fee will be more clear, because I forgot about it because there are many things to read and not so easy to find everything in one page.
in holiday till end of November
  • #15,371
  • Apr 26, 2023 5:47am Apr 26, 2023 5:47am
Refund from Rapid is with first payout from live account , it is on one screenshot I shared in previous post. This refresh option is good for me because when I am in drawdown like 7-8 % I most of the times loose account. I will share my review, but at the moment I am at second phase with MFF with other account and as well in que is waiting ACG account they got 30% now, so after I will go for Rapid. MFF is trusted company so I always stick to them, but when see some good deals with second league props I buy cheap accounts with them
  • #15,372
  • Apr 26, 2023 6:42am Apr 26, 2023 6:42am
Apologies if this is already asked. Is there any prop firm that provides a tight spread for XAGUSD? I mostly trade in XAGUSD only
  • #15,373
  • Apr 26, 2023 7:25am Apr 26, 2023 7:25am
Quoting OranJuice
This review of BigPipFunding aims to provide an unflinching analysis of a prop firm that has displayed an array of red flags and scam-like attributes. At first glance, BigPipFunding offers a two-step challenge, promising greater benefits and increased daily drawdowns. However, further investigation exposes numerous inconsistencies and dubious practices that warrant a deeper examination. The company's geographical inconsistency is particularly alarming. Although BigPipFunding purports to be based in Saudi Arabia, payments are processed in Bangalore,...
Thanks for the review. I think there's already little doubts that BigPip is a BigScam, protected by Abdullah one of the administrators of the telegram prop group.
They used the visibility of that group, knowing that people were trusting their recommendations, to set up a scam operation. Even now, knowing that there are so many claims against them, they keep on saying that BigPip is a reliable prop.
  • #15,374
  • Apr 26, 2023 10:45am Apr 26, 2023 10:45am
Quoting Capablanca
{quote} Thanks for the review. I think there's already little doubts that BigPip is a BigScam, protected by Abdullah one of the administrators of the telegram prop group. They used the visibility of that group, knowing that people were trusting their recommendations, to set up a scam operation. Even now, knowing that there are so many claims against them, they keep on saying that BigPip is a reliable prop.
BigPip and the Telegram group share the same owner. They promote themselves.
Money is made by sitting, not trading
  • #15,375
  • Apr 26, 2023 11:07am Apr 26, 2023 11:07am
Quoting youngD
Refund from Rapid is with first payout from live account , it is on one screenshot I shared in previous post. This refresh option is good for me because when I am in drawdown like 7-8 % I most of the times loose account. I will share my review, but at the moment I am at second phase with MFF with other account and as well in que is waiting ACG account they got 30% now, so after I will go for Rapid. MFF is trusted company so I always stick to them, but when see some good deals with second league props I buy cheap accounts with them
that sound strange for me, so for a 100K account, 749$, if after 30 days, I make a profit of 1000$ and I ask for the payout of 120$ they would even refund 749$? it sounds strange. There should be a minimum profit to achieve the refund. Otherwise would be sufficient just 1$ profit?
in holiday till end of November
  • #15,376
  • Apr 26, 2023 12:02pm Apr 26, 2023 12:02pm
Quoting forexbali
{quote} that sound strange for me, so for a 100K account, 749$, if after 30 days, I make a profit of 1000$ and I ask for the payout of 120$ they would even refund 749$? it sounds strange. There should be a minimum profit to achieve the refund. Otherwise would be sufficient just 1$ profit?
You have to trade 3 month rapid demo, than get a rapid live, with profit payout of rapid live the fee gets refunded.
Muni loves you all!
  • #15,377
  • Apr 27, 2023 1:47am Apr 27, 2023 1:47am
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  • #15,378
  • Apr 27, 2023 2:58am Apr 27, 2023 2:58am
Quoting MuniFX
{quote} You have to trade 3 month rapid demo, than get a rapid live, with profit payout of rapid live the fee gets refunded.
thank you!

so this is the rule, perfect, so you have to do around 10% profit, and when you get the additional live funded account of 10K you get the 749$ fee back.

thanks, now it is clear. We got finally reviews for the RAPID instant funding. NCA (non consistency account) remember to ask for it before to start to trade it.

Forum back to normality, we finished with discussion about IF

Let's relax:
Inserted Video
in holiday till end of November
  • #15,379
  • Apr 27, 2023 4:20am Apr 27, 2023 4:20am
Quoting AaronPriest
One of the mods let it slip in MFFX's Discord channel, the second broker is ThinkMarkets. I haven't heard of them before though.
Not the best reviews on the FPA:
https://www.forexpeacearmy.com/forex...markets-review
I better stay with 8cap
Money is made by sitting, not trading
  • #15,380
  • Apr 27, 2023 7:08pm Apr 27, 2023 7:08pm
Quoting Vitore
{quote} Not the best reviews on the FPA: https://www.forexpeacearmy.com/forex...markets-review I better stay with 8cap
They are regulated by: ASIC, CySEC, FSA, FSA-S, FSCA, FCA.
That goes to show you what a bunch of useless regulators they are.
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