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  • #22,021
  • Sep 18, 2023 5:56am Sep 18, 2023 5:56am
Quoting FX-DON
{quote} It's the price of a SL for many in the west. Best form your own opinion. Everyone has different ideas of what constitutes "good & bad". {image}
I do not know, I have read too many complaints on trustpilot. That "somebody" has whispered to the CEO that they were third party trading or using forbidden EAs and so on. Even some ghost trades were placed to fail the traders funded accounts. So this is a red flag for me. Second there is a hearing on court at MFF end of October. That should give you alone a warning, that right now it is not right time to buy anything. You can waste easily your time and money here. They are USA based too.
  • #22,022
  • Sep 18, 2023 6:03am Sep 18, 2023 6:03am
Quoting 9jatrader
{quote} They're the one looking for traders who can trade for them
I can read their website mate. The barrier to entry is the price you pay to get a "program" from them. I can choose if I want to participate or not. If I don't want to participate thats ok, I move on to something else, if I do, everything is there written on the pretty website.
  • #22,023
  • Sep 18, 2023 6:07am Sep 18, 2023 6:07am
Quoting 9jatrader
You don't pay money before you are giving job. My broker has copy trader where followers pay the provider. And some percentage to the broker. For me maybe okay for now. Prop is rubbish
which broker is that ?
  • #22,024
  • Sep 18, 2023 6:08am Sep 18, 2023 6:08am
Quoting Takisd
{quote} I can read their website mate. The barrier to entry is the price you pay to get a "program" from them. I can choose if I want to participate or not. If I don't want to participate thats ok, I move on to something else, if I do, everything is there written on the pretty website.
Yea. What it's required is enough to add to my capital and trade without restrictions
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -5.0%
  • #22,025
  • Sep 18, 2023 6:53am Sep 18, 2023 6:53am
Quoting 9jatrader
{quote} It's nonsense. They ask you to pay first. Proprietary trading company is not so
What we discuss here is not prop firms. This is videogame trading industry.
  • #22,026
  • Sep 18, 2023 7:20am Sep 18, 2023 7:20am
Quoting Capablanca
{quote} What we discuss here is not prop firms. This is videogame trading industry.
Ssshhh don't spoil it!
  • #22,027
  • Sep 18, 2023 7:35am Sep 18, 2023 7:35am
Quoting 9jatrader
You don't pay money before you are giving job. My broker has copy trader where followers pay the provider. And some percentage to the broker. For me maybe okay for now. Prop is rubbish
Could you lose the bold font please, it's not necessary.

Thanks in advance,

Masterrmind..........
Master your Mind then Master your Trades
  • #22,028
  • Sep 18, 2023 8:32am Sep 18, 2023 8:32am
Quoting Capablanca
{quote} What we discuss here is not prop firms. This is videogame trading industry.
I am a +109 agility rogue
  • #22,029
  • Sep 18, 2023 9:15am Sep 18, 2023 9:15am
sorry I'm in late with the review of FXIFY

any good prop offering SPX/ES option trading? I just need intraday.
in holiday till end of November
  • #22,030
  • Sep 18, 2023 9:35am Sep 18, 2023 9:35am
Quoting TrAndy1
Second there is a hearing on court at MFF end of October. That should give you alone a warning, that right now it is not right time to buy anything. You can waste easily your time and money here. They are USA based too.
if the hearing is not postponed again. The whole thing could still take a long time.

I thought USA is the land of the free? ;-) They seem to have more restrictions and regulations than any other country in the world.
  • #22,031
  • Sep 18, 2023 9:52am Sep 18, 2023 9:52am
Quoting lddd
{quote} if the hearing is not postponed again. The whole thing could still take a long time. I thought USA is the land of the free? ;-) They seem to have more restrictions and regulations than any other country in the world.
It used to be that way. Over the span of the last 25-30 years there's been a concerted effort to erode any remining freedom and liberty.
Trade with confidence, trade without fear.
  • #22,032
  • Sep 18, 2023 10:05am Sep 18, 2023 10:05am
CEO of FundingTraders discusses Deel:

Inserted Video
  • #22,033
  • Sep 18, 2023 10:25am Sep 18, 2023 10:25am
Almost got scam by this page…


beware and don’t get scam
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #22,034
  • Sep 18, 2023 10:36am Sep 18, 2023 10:36am
Quoting lddd
{quote} if the hearing is not postponed again. The whole thing could still take a long time. I thought USA is the land of the free? ;-) They seem to have more restrictions and regulations than any other country in the world.
If there was a bookie that gives odds on this case reaching court I would bet that it won't. But its now at 2 weeks, so I expect this week we will start to see the fists flying.
  • #22,035
  • Sep 18, 2023 10:58am Sep 18, 2023 10:58am
Any propfirms that allow real funds in funding accounts. ? I want to get funded with this type of company.
  • #22,036
  • Sep 18, 2023 11:00am Sep 18, 2023 11:00am
Quoting Takisd
{quote} If there was a bookie that gives odds on this case reaching court I would bet that it won't. But its now at 2 weeks, so I expect this week we will start to see the fists flying.
I m guessing that CFTC has such a high win rate cos it settles outside court most of the cases. Once a jury is nvolved anything can happen..
  • #22,037
  • Sep 18, 2023 11:11am Sep 18, 2023 11:11am
Quoting 1odi
{quote} I m guessing that CFTC has such a high win rate cos it settles outside court most of the cases. Once a jury is nvolved anything can happen..
Yes but also they seem to have over reached and their arguments are flimsy at best. Code violation fines maybe. My guess will be the misleading marketing element is where it sticks.
  • #22,038
  • Sep 18, 2023 11:12am Sep 18, 2023 11:12am
Quoting mehwish
Any propfirms that allow real funds in funding accounts. ? I want to get funded with this type of company.
try Optiver and propex, let us know how it goes
  • #22,039
  • Sep 18, 2023 11:19am Sep 18, 2023 11:19am
Quoting mehwish
Any propfirms that allow real funds in funding accounts. ? I want to get funded with this type of company.
Sure. Do you have your series 7? Do you have a track record? How far are you willing to commute?
  • #22,040
  • Sep 18, 2023 11:20am Sep 18, 2023 11:20am
Quoting Takisd
{quote} Yes but also they seem to have over reached and their arguments are flimsy at best. Code violation fines maybe. My guess will be the misleading marketing element is where it sticks.
Agree, I think the question is how will it reshape MFF (if at all). I can see simulated indices going to vaporise.. anything basically threatening the futures market and "futures liquidity donors"?

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