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  • #22,441
  • Sep 21, 2023 12:59pm Sep 21, 2023 12:59pm
Quoting navk
{quote} Panic is first stage. They rushed things. Then, they seem to have done the work thoughtfully.
Not really because the simulated things are still there.

Anyway, provided that they pay... most of us already knew that we were playing trading videogames.
  • #22,442
  • Sep 21, 2023 1:08pm Sep 21, 2023 1:08pm
Quoting Capablanca
{quote} We are confident that we are OK with regulation, bla bla bla but in the me we rushed during a weekend to change all this crap to simulated money and live sim accounts. If they are confident why did they panicked to change it ?
Not only that.....what is he going to come out and say.....Yes, we are shitting our pants right now. We are not compliant in any way.....but, hey, keep buying challenges.
I mean, I hope, for the sake of the industry, he is 100% telling the truth, but, let's not be naive, everyone is trying to keep the cash flowing.
  • #22,443
  • Sep 21, 2023 1:11pm Sep 21, 2023 1:11pm
Quoting Capablanca
{quote} I don't know and I may have misunderstood what was being discussed about invoices approval. I'm with their support right now to see what I will need to do upfront but they didn't reply for a couple of hours now. They CS was never fast and now is basically inexistent.
Thanks, I wouldn't sit there waiting on CS for too long, I had an overnight wait with them yesterday.
  • #22,444
  • Sep 21, 2023 2:23pm Sep 21, 2023 2:23pm
Quoting bukkake
{quote} Looks like they're going to fight rather than settle. This could be a while
CFTC always settles. They have a success rate purely because they settle.
  • #22,445
  • Sep 21, 2023 4:12pm Sep 21, 2023 4:12pm
Quoting pipmaster77
As each day passes, it becomes more and more evident, they shut down the wrong firm. Man, there were so many better options to choose from....shall we list them
-I think that we can speculate about the reasoning for why the CFTC went after MFF first. Not only are they the biggest in the game, but they are the biggest in the game. So, cut off the head of the snake while simultaneously going after the biggest money pile.

Probably, they could have targeted all reachable props at the same time, but then that might weaken their position by exposing some questionable agenda.
  • #22,446
  • Sep 21, 2023 4:26pm Sep 21, 2023 4:26pm
New prop, opinions ??? https://www.billionsclub.com/
Inserted Video
  • #22,447
  • Sep 21, 2023 4:32pm Sep 21, 2023 4:32pm
Quoting TrAndy1
New prop, opinions ??? https://www.billionsclub.com/ https://www.youtube.com/watch?v=pNlpfJO-G4c
Refer to post #18198 for my completely comedic and totally biased take on this prop firm piece of excrement
Pride always comes before destruction.... -Proverbs 16:18
  • #22,448
  • Sep 21, 2023 5:28pm Sep 21, 2023 5:28pm
Quoting Expo33
{quote} Refer to post #18198 for my completely comedic and totally biased take on this prop firm piece of excrement
All information provided on this website is for educational purposes only in the area of financial market trading and does not serve in anyway as specific investment recommendations, trading recommendations, analysis of investment opportunities or similar general recommendations regarding the trading of investment instruments. The Company does not provide investment services within the meaning of MIFID II The Company is not a licensed investment services provider (securities broker-dealer) within the meaning of MIFID II All trading on the platform made available as part of the services provided by the Company, although it may be based on real trading data and simulates real trading, is only notional trading on a demo account. In this sense, i.e. that it is fictitious trading on fictitious accounts, terms such as “trading” or “trader” should also be understood and should not be given the meanings they have in the context of real trading.
The technical solution offered in the form of platforms made available as part of the services offered by the Company (i.e. platforms for fictitious trading on demo accounts) uses third party services.The website is operated and owned by the Company and all content is copyrighted by the Company.

Looks like they had some legal counsel for their disclaimer. Hopefully, this type of disclaimer is all that is required so we can go on trading with props. I cannot recall how MFF had it worded, but I'm sure it was similar.
  • #22,449
  • Sep 21, 2023 5:32pm Sep 21, 2023 5:32pm
Quoting pipmaster77
{quote} All information provided on this website is for educational purposes only in the area of financial market trading and does not serve in anyway as specific investment recommendations, trading recommendations, analysis of investment opportunities or similar general recommendations regarding the trading of investment instruments. The Company does not provide investment services within the meaning of MIFID II The Company is not a licensed investment services provider (securities broker-dealer) within the meaning of MIFID II All trading on the...
I read one post from Murtaza...

I think it is posted here too somewhere.

They are going to fight with CFTC.
Intraday only.
  • #22,450
  • Sep 21, 2023 5:35pm Sep 21, 2023 5:35pm
Its my post with link to financemagnates. They have issued some press release or something that basically said this is bullshit.
  • #22,451
  • Sep 21, 2023 5:53pm Sep 21, 2023 5:53pm
Quoting pipmaster77
{quote} All information provided on this website is for educational purposes only in the area of financial market trading and does not serve in anyway as specific investment recommendations, trading recommendations, analysis of investment opportunities or similar general recommendations regarding the trading of investment instruments. The Company does not provide investment services within the meaning of MIFID II The Company is not a licensed investment services provider (securities broker-dealer) within the meaning of MIFID II All trading on the...
I wouldn't know the last time I read a disclaimer or Terms of Service was......NEVER
Pride always comes before destruction.... -Proverbs 16:18
  • #22,452
  • Sep 21, 2023 6:29pm Sep 21, 2023 6:29pm
Quoting Expo33
{quote} I wouldn't know the last time I read a disclaimer or Terms of Service was......NEVER
Yes, me either. Although with MFF, FTMO, even TFF and TFTP....pretty simple, make this % without losing this %.....now all of these new shitty firms have grid, martingale, too many IPs, etc, etc.....so kind of have to pay attention.
I'm just hoping a simple disclaimer claiming, "hey, moron, none of this is real" will allow us morons to keep using props.
  • #22,453
  • Sep 21, 2023 6:31pm Sep 21, 2023 6:31pm
hi guys,

Due to Deel payout issues, many firms offereing payouts direct bank transfer and Cryto payouts.

How do i request crypto payouts ?

Where do i open crypto account ?

And from crypto account to bank transfer possible ?

I am absolutely zero in this regard.

Your guidance will be helpful
Intraday only.
  • #22,454
  • Sep 21, 2023 6:33pm Sep 21, 2023 6:33pm
Quoting bukkake
{quote} Lol as if this is enough. I guess I can heavily advertise trading, but in small print say "the definition of trading we mean is not the ordinary, real world definition" and I'd be protected from being sued
Yes, hopefully it is enough, so I can continue making 15x what I would normally make trading my own money.
  • #22,455
  • Sep 21, 2023 6:39pm Sep 21, 2023 6:39pm
Quoting navk
hi guys, Due to Deel payout issues, many firms offereing payouts direct bank transfer and Cryto payouts. How do i request crypto payouts ? Where do i open crypto account ? And from crypto account to bank transfer possible ? I am absolutely zero in this regard. Your guidance will be helpful
Pretty simple. Open a coinbase or similar account. Whenever you opt to recive crypto, it will generate an address. Provide that address to the firm. Once it arrives you transfer from crypto account to bank. I always recommend USDT as it is pinned 1:1 to USD, so it can not depreciate (or appreciate) while waiting for the payout.
  • #22,456
  • Sep 21, 2023 6:53pm Sep 21, 2023 6:53pm
Quoting pipmaster77
{quote} Pretty simple. Open a coinbase or similar account. Whenever you opt to recive crypto, it will generate an address. Provide that address to the firm. Once it arrives you transfer from crypto account to bank. I always recommend USDT as it is pinned 1:1 to USD, so it can not depreciate (or appreciate) while waiting for the payout.
they are shutting down crypto payments too.
I just got this message from Nova. US regulators are making this prop business all shut down soon if they can’t pay out
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  • #22,457
  • Sep 21, 2023 6:57pm Sep 21, 2023 6:57pm
Quoting Boulder
{quote} they are shutting down crypto payments too. I just got this message from Nova. US regulators are making this prop business all shut down soon if they can’t pay out {image}
Yep, that is how they operate. Scumbags.
  • #22,458
  • Sep 21, 2023 7:01pm Sep 21, 2023 7:01pm
Quoting pipmaster77
{quote} Pretty simple. Open a coinbase or similar account. Whenever you opt to recive crypto, it will generate an address. Provide that address to the firm. Once it arrives you transfer from crypto account to bank. I always recommend USDT as it is pinned 1:1 to USD, so it can not depreciate (or appreciate) while waiting for the payout.

I opened coinbase account.

Some error coming when i add bank card.

I will check it and in doubt, will ask again.

Thanks
Intraday only.
  • #22,459
  • Sep 21, 2023 7:10pm Sep 21, 2023 7:10pm
Quoting navk
{quote} I opened coinbase account. Some error coming when i add bank card. I will check it and in doubt, will ask again. Thanks
Navk,

Quite a few are offering Wise as a transfer option also. Maybe that could be an option for you depending on the firm?

Cheers
maahome
  • #22,460
  • Sep 21, 2023 7:14pm Sep 21, 2023 7:14pm
Quoting maahome
{quote} Navk, Quite a few are offering Wise as a transfer option also. Maybe that could be an option for you depending on the firm? Cheers maahome
for me,

FXIFY, MFFX, and Funded engineer. MFF out of question as of now.

These are the ones funded and currently trading.
Intraday only.
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