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  • #16,361
  • Jun 4, 2023 12:18pm Jun 4, 2023 12:18pm
Quoting Boulder
{quote} Thanks. I never looked into TFF. I just glanced quick, I am very impressed by its site showing all paid traders account stats and their detailed trading history.. I will open an account with them next.
They had a case some time ago of a guy that had carry trade, if I'm not wrong. He checked with them upfront if he could use it and they said yet. It happen that their system had wrong swaps. Instead of eating the loss and moving on, they decided to correct past trades. Correcting past trades caused a violation of the account and the guy lost the payout and the account.
This was the case:
https://twitter.com/trueforexfunds/s...74549549359105

Our friend Cryptosurfer also suffered from problems in their systems and they said they had nothing to do with them. It was his problem:
https://www.forexfactory.com/thread/...8#post14394118

If you're trading normal, not much lots and don't face technical issues, they may still be good. Not sure how much they are suffering with new competition. Also because they operate like a black box. Almost no communication (not sure if that's bad or good, but it's a fact).

I had/have regular payouts from them for more than an year without problem, though they have the worse payout process. On the payout day they froze your account, then they send you an email saying it is OK, you request the payout (Deel or crypto), they pay you but only the day after, end of day, they send you new credentials. So, it's basically 2 business days lost for each 14 days payout cycle.
  • #16,362
  • Jun 4, 2023 12:23pm Jun 4, 2023 12:23pm
Quoting Capablanca
{quote} They had a case some time ago of a guy that had carry trade, if I'm not wrong. He checked with them upfront if he could use it and they said yet. It happen that their system had wrong swaps. Instead of eating the loss and moving on, they decided to correct past trades. Correcting past trades caused a violation of the account and the guy lost the payout and the account. This was the case: https://twitter.com/trueforexfunds/s...74549549359105 Our friend Cryptosurfer also suffered from problems in their systems and they said...
Thank you Capablanca for the info.
  • #16,363
  • Jun 4, 2023 12:30pm Jun 4, 2023 12:30pm
Quoting Capablanca
{quote} Is this from inside information or public information ? Care to share your logic behind this comment ? I didn't get it. {quote} Well, someone had to do the dirty work here.... Who are those 2 firms ? ------------------- Btw, sometime ago someone said this, I don't recall where (probably in a telegram group): "Whistle blower on The Funded Trader. They own 1. Top tier trader 2. Leveled up society 3. Fortunes funding 4. Secure the bag funding 5. Rocket 21 challenge 6. Smart prop trader Using these small firms to create a large pool...
You might be onto something (According to linkedin search), although I dont know the truth. It seems like some sort of scumbag collection considering the names in that list. Cue banks, Lambo raul.... Blake ... Its like the whos who of forex crap. I do know that the "technology" that TFT, MFFX, smart etc pretty much all the 8cap ones other than fundednext is an out of the box solution that they do not own. Fundednext started under that tech umbrella but broke out after not paying an invoice and making arguments. But fundednext are a special kind of firm, the type where avoiding it is simply not enough.
  • #16,364
  • Jun 4, 2023 12:44pm Jun 4, 2023 12:44pm
Quoting Takisd
{quote} You might be onto something (According to linkedin search), although I dont know the truth. It seems like some sort of scumbag collection considering the names in that list. Cue banks, Lambo raul.... Blake ... Its like the whos who of forex crap. I do know that the "technology" that TFT, MFFX, smart etc pretty much all the 8cap ones other than fundednext is an out of the box solution that they do not own. Fundednext started under that tech umbrella but broke out after not paying an invoice and making arguments. But fundednext are a special...
I'm fighting FundedNext right now. I start avoiding them only after I win.
Money is made by sitting, not trading
  • #16,365
  • Jun 4, 2023 12:49pm Jun 4, 2023 12:49pm
Quoting Vitore
{quote} What a typical Czech way of running business
dobryden, jak se mate? Hezky vikend!
You have an IQ lower than 90 if you interact with this user.
  • #16,366
  • Jun 4, 2023 12:50pm Jun 4, 2023 12:50pm
Quoting Vitore
{quote}I'm fighting FundedNext right now. I start avoiding them only after I win.
The owner needs your money for his ego habit.
  • #16,367
  • Jun 4, 2023 12:59pm Jun 4, 2023 12:59pm
Quoting Ferna
{quote} dobryden, jak se mate? Hezky vikend!
Money is made by sitting, not trading
  • #16,368
  • Jun 4, 2023 1:00pm Jun 4, 2023 1:00pm
Quoting Takisd
{quote} The owner needs your money for his ego habit.
Is their CEO the owner as well?
Money is made by sitting, not trading
  • #16,369
  • Jun 4, 2023 1:06pm Jun 4, 2023 1:06pm
Quoting Vitore
{quote} Is their CEO the owner as well?
As far as I know yes, young guy from Bangladesh.
  • #16,370
  • Jun 4, 2023 1:15pm Jun 4, 2023 1:15pm
Quoting Takisd
{quote} As far as I know yes, young guy from Bangladesh.
Read the same. Bangladesh registered in Dubai. Caught with fake reviews in Trust Pilot.
I was able to milk them decently, through several payouts + the profits of phase 1 and 2. They couldn't (didn't want) to find an excuse not to pay me.

Cue bank is top tier. Which one is raul lambo ?
  • #16,371
  • Jun 4, 2023 1:19pm Jun 4, 2023 1:19pm
Angelo from TFT says this is the account of the guy that has the record 250K payout
https://dashboard.thefundedtraderpro...e-1a12ce272c70
  • #16,372
  • Jun 4, 2023 1:22pm Jun 4, 2023 1:22pm
Quoting Capablanca
{quote} Read the same. Bangladesh registered in Dubai. Caught with fake reviews in Trust Pilot. I was able to milk them decently, through several payouts + the profits of phase 1 and 2. They couldn't (didn't want) to find an excuse not to pay me. Cue bank is top tier. Which one is raul lambo ?
Leveled up
  • #16,373
  • Jun 4, 2023 1:23pm Jun 4, 2023 1:23pm
Quoting Capablanca
Angelo from TFT says this is the account of the guy that has the record 250K payout https://dashboard.thefundedtraderpro...e-1a12ce272c70
Those fonts on that page make me want to have a seizure.
  • #16,374
  • Jun 4, 2023 1:35pm Jun 4, 2023 1:35pm
Quoting Takisd
{quote} Those fonts on that page make me want to have a seizure.
The same. But It is Angelo's taste. We should respect differentiation at least, haha.
I do not like FundedNext logo/font btw.
  • #16,375
  • Jun 4, 2023 2:24pm Jun 4, 2023 2:24pm
Quoting Capablanca
Angelo from TFT says this is the account of the guy that has the record 250K payout https://dashboard.thefundedtraderpro...e-1a12ce272c70
Shorting gold after the ath retest. Nice
Money is made by sitting, not trading
  • #16,376
  • Jun 4, 2023 11:57pm Jun 4, 2023 11:57pm
I'm generally anti-social media but since I recently started a youtube channel I decided to do the right thing and engage with people on different platforms and pretend like I care about their future success.

I found that the prop firm space on Twitter is literally an orgy of giveaways, contests, and CEOs jerking each other off. It's kind of like a bad car wreck, I can't look away.
Pride always comes before destruction.... -Proverbs 16:18
  • #16,377
  • Jun 5, 2023 1:23am Jun 5, 2023 1:23am
Quoting Capablanca
If they have not revised it in a timely manner and still consider him a risk, I would say the minimum to do was to provide the funded account and maybe reduce leverage and/or daily DD. And a warning that this was the last account. No point in allowing him to purchase, take the time to pass challenge (disrespect for the time wasted) and then refusing it, thinking that a refund absolve then from misconduct.
-What I mean is, maybe they did not review his account at all until now (or properly). In any case, handling it this way is terrible. If he is too much of a risk, then it would make sense not to give him an account, but they should have been on the ball so that he did not waste his time going through all of the steps again; I totally agree. They are definitely in the wrong for doing that.
  • #16,378
  • Jun 5, 2023 1:26am Jun 5, 2023 1:26am
Quoting Capablanca
Btw, sometime ago someone said this, I don't recall where (probably in a telegram group): "Whistle blower on The Funded Trader. They own 1. Top tier trader 2. Leveled up society 3. Fortunes funding 4. Secure the bag funding 5. Rocket 21 challenge 6. Smart prop trader
-CEO of MFFX mentioned something about this in his recent call. I do not know if this is the same thing that he as referring to, but he specifically said that there are several props that are all owned by the same person (or group; I cannot remember). Blake appears to be involved with several firms, but I do not know if that is what he was referencing. He also said that there is a prop currently being operated by a 14 year-old.
  • #16,379
  • Jun 5, 2023 2:24am Jun 5, 2023 2:24am
Quoting clivepackham
{quote} Hi I'm a 1 minute scalper most of my trades last 2 or 3 minutes max. Trade size would be 1 to 5 lots as looking for a $100,000 account so not too bother about reasonable commission. I trade Indices basically Dax, Nasdaq or Dow with spreads usually fixed at 1 pip but happy up to 2 max. To be honest the most important thing to me is speed of execution and as little slippage as possible like all scalpers. If anyone knows of a prop firm using a reliable broker for scalping please let me know... All the best Clive
I use 1 min charts with FTP and MFF. I don't trade indices so can't comment on that, what you have read about 8 Cap is correct.

Spread is a non-issue, BUT slippage/latent fills is crap(like 10 to 15 x slower than MFF server speed) 225.MS for 8Cap and 13MS for MFF. I have had freezes around news/general high volatility with 8 Cap that lasted minutes. No problems at all with MFF.

I like FTP because they were the 1st to have a non-hypocritical evaluation plan which gives them credibility IMO and their support if you need it, is very good, however I could never recommend their current server trading conditions; I would imagine the indices are even worse.
  • #16,380
  • Jun 5, 2023 4:02am Jun 5, 2023 4:02am
Quoting Takisd
{quote} e8, rebel, t4t, tff, bespoke (EW yuck) and any other copy cat that appears i will likely purchase. Prop firms have become a game for me, i dont trade seriously with them anymore as its no longer necessary for me to do so. FTMO and MFF i pay more attention to in terms of risk and such but basically I test anyone who yaps a lot in social media and any one that people talk a lot about in here. I dodged Myfundedfx because its just eightcap again. It doesnt matter what rules you change as long as its 8cap its crap, they can pay me for the slogan...
Are you trading with E8 and TFF because they are on par with MFF & FTMO or you want ot expose them as frauds?
Also, which 2 firms if you don't mind my asking.
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