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  • #24,001
  • Oct 11, 2023 7:49am Oct 11, 2023 7:49am
Quoting TrAndy1
{quote} I think so too, they do not A-book at all. Otherwise it does not make sense to kick out consistent profitable traders. I had no retries on failed challenges too.
Their A-book is to kick off winning tarders
  • #24,002
  • Oct 11, 2023 7:50am Oct 11, 2023 7:50am
Quoting TrAndy1
{quote} I have just little bit spoken about my professional background and then the CEO said to me they do not want me. Then very fast I got kicked out. That's it. I do not understand this at all. I broke no rules. Only manually swing trading. Not too much risk etc., but nothing helped. It seems they are not looking for consistent traders.
I'd say it is safe to assume 99%, if not 100% of them are NOT LOOKING for consistent traders. We've know this for a long time and yet choose to play the game. Milk it for what you can, while you can. It can be pulled anytime. Whether it be a regulator or a firm just deciding they don't want you. The contracts are written one-sided.
  • #24,003
  • Oct 11, 2023 7:51am Oct 11, 2023 7:51am
Quoting pipmaster77
{quote} I'd say it is safe to assume 99%, if not 100% of them are NOT LOOKING for consistent traders. We've know this for a long time and yet choose to play the game. Milk it for what you can, while you can. It can be pulled anytime. Whether it be a regulator or a firm just deciding they don't want you. The contracts are written one-sided.
That's it. And TrAndy was able to milk them 50K which is pretty good from a scammer
  • #24,004
  • Oct 11, 2023 7:53am Oct 11, 2023 7:53am
Quoting Tovip
{quote} Sorry that you got kicked out...Mind sharing the email they sent you? Will be interested in what kind of excuses they used. Do give FTMO a shot. If you can get that amount of payout with Bespoke, I think you should be able to pass FTMO with ease, especially now there's no time limit.
That was the official reason. I do not get it. I have offended no one. I only was in disussion about life, background etc. on Discord. And then the CEO came to me.
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  • #24,005
  • Oct 11, 2023 7:56am Oct 11, 2023 7:56am
Quoting Capablanca
{quote} WTF ?! They kicked you out ? Any explanation ?
It's crazy that they would kick Andy out, even tho he's literally the only strong advocate for Bespoke here on this thread. Plus two consecutive payouts at that size, percentage wise (3-4% of the account size), is not easy. They could have A booked him but chose to just cut him off and don't give a shit about their publicity. Maybe their ship is sinking already (the scandal and lawsuit with money laundering etc), so it doesn't matter to them anymore.
memento mori
  • #24,006
  • Oct 11, 2023 7:57am Oct 11, 2023 7:57am
Quoting TrAndy1
{quote} That was the official reason. I do not get it. I have offended no one. I only was in disussion about life, background etc. on Discord. And then the CEO came to me. {image}
lol they didn't even bother to state the reason...Just said they already told you the reason on discord wt the fxxking fxxk...
memento mori
  • #24,007
  • Oct 11, 2023 7:59am Oct 11, 2023 7:59am
Quoting Tovip
{quote} It's crazy that they would kick Andy out, even tho he's literally the only strong advocate for Bespoke here on this thread. Plus two consecutive payouts at that size, percentage wise (3-4% of the account size), is not easy. They could have A booked him but chose to just cut him off and don't give a shit about their publicity. Maybe their ship is sinking already (the scandal and lawsuit with money laundering etc), so it doesn't matter to them anymore.
Their CEO was so predictable. His business was never built up to let traders win
Money is made by sitting, not trading
  • #24,008
  • Oct 11, 2023 8:02am Oct 11, 2023 8:02am
Quoting TrAndy1
{quote} That was the official reason. I do not get it. I have offended no one. I only was in disussion about life, background etc. on Discord. And then the CEO came to me. {image}
This is insane. They saw they could not get you through any other means....
  • #24,009
  • Oct 11, 2023 8:07am Oct 11, 2023 8:07am
Quoting TrAndy1
Very surprisingly they kicked me out, so Bespoke banned me without breaking any rules. Maybe you can't get bigger payouts nowhere, except FTMO and former MFF. On TFT I heard they do not payout everyone. On TFF you cannot get bigger payouts. So what is about the other prop firms ? FXIFY or ACG do payouts also 5-digits ones ?
Is this some kind of joke?

If not, I have to say, respect to you TrAndy for sharing that info here. If I had defended them like you have, I might have been tempted to keep this info to myself.

At least you got paid, most important thing.
  • #24,010
  • Oct 11, 2023 8:13am Oct 11, 2023 8:13am
Quoting rizla101
{quote} Is this some kind of joke? If not, I have to say, respect to you TrAndy for sharing that info here. If I had defended them like you have, I might have been tempted to keep this info to myself. At least you got paid, most important thing.
Ya respect. I hope the money will be in your account. You got the skills. It's only a matter of time that you can build your own account at a significant size. No need to be bothered with shady prop firms anymore. I imagine it must be a big bummer for you. Hope you will get back up soon. Tomorrow is a new day. Another day for green pips.

(Was gonna make fun of Kaler's tweet on his opinion on reputation...but will resist the temptation for now...)
memento mori
  • #24,011
  • Oct 11, 2023 8:15am Oct 11, 2023 8:15am
Quoting TrAndy1
{quote} That was the official reason. I do not get it. I have offended no one. I only was in disussion about life, background etc. on Discord. And then the CEO came to me. {image}
I guess you mentioned your hedgefund gig? Maybe they have some t&c disallowing professional fund managers / brokers, or something along those line.
  • #24,012
  • Oct 11, 2023 8:22am Oct 11, 2023 8:22am
The CEO said they also kicked out other traders because of the same reason. WTF. I never heard this. You cannot have a professional background with them, for sure. I think they would invent any reason to kick out bigger winners. It may be only a loss to them, nothing else. By the way it was no problem before, until I made 50k in payouts at Bespoke.
  • #24,013
  • Oct 11, 2023 8:22am Oct 11, 2023 8:22am
I am not an advocate for TFT for many reasons. But in terms of big payouts, apart from FTMO and MFF (which is now frozen cuz of the lawsuit), are there any honourable firms that are ok with big payouts? I know TFT is based in US and they may be the next one CFTC goes after. And there's severe delay on payout back in sep because of deel banning prop firms (or maybe TFT is partly responsible for the delay too...)

But in terms of web traffic, TFT seems to still be one of the biggest prop firms, which gives them enough capital to honour big payouts. I don't actually know what I am talking here...So any comments/suggestions are welcome...

Just trying to look for the next prop firm that would have the highest chance to honour big payouts...Feel like I have to constantly dodge bullets in the prop firm markets now
memento mori
  • #24,014
  • Oct 11, 2023 8:24am Oct 11, 2023 8:24am
Quoting rizla101
{quote} Is this some kind of joke? If not, I have to say, respect to you TrAndy for sharing that info here. If I had defended them like you have, I might have been tempted to keep this info to myself. At least you got paid, most important thing.
Yep, TrAndy is long contributing member in this topic that deserves respect for sharing what happened. I hope nobody is coming with the "I told you so" because the feeling of unfair punishment from Bespoke that Andy is feeling is more than enough right now.

The point of this topic is to learn from experiences, good and bad. And there is always positive things to take from the bad ones.

The same way we suspect that payouts above 10K in TFF are dangerous, we now know that if anyone still wants to try to milk Bespoke probably has best chances keeping things manually, swing, not much risk and payouts close or below 10K. Then they may be able to extract up to 50k, who knows, until being kicked.
  • #24,015
  • Oct 11, 2023 8:26am Oct 11, 2023 8:26am
Quoting TrAndy1
The CEO said they also kicked out other traders because of the same reason. WTF. I never heard this. You cannot have a professional background with them, for sure. I think they would invent any reason to kick out bigger winners. It may be only a loss to them, nothing else. By the way it was no problem before, until I made 50k in payouts at Bespoke.
If it wasn't for that they would fabricate some IP stuff for example. Or saying that you group trading based in confidential information that they can't share.
  • #24,016
  • Oct 11, 2023 8:28am Oct 11, 2023 8:28am
Quoting Tovip
I am not an advocate for TFT for many reasons. But in terms of big payouts, apart from FTMO and MFF (which is now frozen cuz of the lawsuit), are there any honourable firms that are ok with big payouts? I know TFT is based in US and they may be the next one CFTC goes after. And there's severe delay on payout back in sep because of deel banning prop firms (or maybe TFT is partly responsible for the delay too...) But in terms of web traffic, TFT seems to still be one of the biggest prop firms, which gives them enough capital to honour big payouts....
The big bets in twitter is that TFT is insolvent and will be the next one to go down.

You may bookmark this post and then laugh at me in a couple of months of how much wrong was this comment.
  • #24,017
  • Oct 11, 2023 8:33am Oct 11, 2023 8:33am
Quoting Capablanca
{quote} If it wasn't for that they would fabricate some IP stuff for example. Or saying that you group trading based in confidential information that they can't share.
Yeah, some prop firms do this. But I lost a lot of trust now in the prop firm space. I will definitely have a look more close on trading my own personal account.
I really do not know which prop firm you can trust, if you want to have a 5-digit payout for the longer run with them, regularly speaking. Except FTMO nothing really comes here into my mind. If anyone knows such a kind trustworthy prop I am interested to listen...
  • #24,018
  • Oct 11, 2023 8:36am Oct 11, 2023 8:36am
Quoting pipmaster77
{quote} I'd say it is safe to assume 99%, if not 100% of them are NOT LOOKING for consistent traders. We've know this for a long time and yet choose to play the game. Milk it for what you can, while you can. It can be pulled anytime. Whether it be a regulator or a firm just deciding they don't want you. The contracts are written one-sided.
the smart thing to do is have accounts with different firms and have a trade copier trading all the accounts with the same trades

let ‘s say you have the following ranking of firms ranked according to size in terms of web traffic ( best parameter I can come up with)

1. firm A with 5 million visits/month
2. firm B with 3 million visits/month
3. Firm C with 2 million visits/month


if you intend to spend $1000 in fees

spend 5/10 or $500 with firm A
spend 3/10 or $300 with firm B
Spend 2/10 or $200 with firm C

try to have as much reliable firms as possible, the more your total fee is spread out over different firms , the less it will affect you when 1 goes under…
The more firms you have , the less it will hurt any firm..
  • #24,019
  • Oct 11, 2023 8:38am Oct 11, 2023 8:38am
Quoting Capablanca
{quote} The big bets in twitter is that TFT is insolvent and will be the next one to go down. You may bookmark this post and then laugh at me in a couple of months of how much wrong was this comment.
TFT and all US prop firms gonna be down in next months because people not buying challenges from them
  • #24,020
  • Oct 11, 2023 8:45am Oct 11, 2023 8:45am
Bespoke paying for ads in investing.com
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