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  • #24,901
  • Oct 29, 2023 6:27am Oct 29, 2023 6:27am
Quoting TrAndy1
{quote} Any actual good or best promo codes running on this CTI challenges ? Also the instant funding offer score is below 1, which is a criminal offer. Also the direct funding offer is scored at 1 where there is no value to choose this. So out of 3 offers the two are not good or just fraudulent. Any firm offering this together with selling courses has intention to make money from this. And not from a part of this, with the challenges. I doubt you can do bigger payouts with them. Max. account size is also only 100k, then you can have max. 2 100k...
I think you won't find an instant funding above 1, except Finotive (they have other problmes, though)
  • #24,902
  • Oct 29, 2023 6:30am Oct 29, 2023 6:30am
Quoting TrAndy1
This was new to me. I just hope they do not copy the rules from TCF. ACG staff has decent market knowledge I read. I dismissed 5ers from my current list as update. https://finance.yahoo.com/news/alpha...012200502.html
They said they only bought intelectual property from TCF.

As far as I know customer service has nothing to do with the useless people from TCF, their dashboard is reliable (TCF was not) and they are paying fast until now. Besides, they were also hit by Deel kick out and were able to adapt smoothly.

I would say, so far, that ACG and TCG are night and day. No possible comparison.
  • #24,903
  • Oct 29, 2023 6:30am Oct 29, 2023 6:30am
Quoting TrAndy1
Just checking firms from my old ranking list. What happend to BluFX ? They are sitting in UK and they are shut down because of regulation ? What happened here ? https://www.trustpilot.com/review/ww...k?sort=recency
They closed operation suddenly in March, I think
  • #24,904
  • Oct 29, 2023 6:33am Oct 29, 2023 6:33am
Quoting Capablanca
{quote} I think you won't find an instant funding above 1, except Finotive (they have other problmes, though)
OFP too, Overviewfundingprogram is scored above 1 significant.

But to come back to 5ers. Anyone would not join any prop in Ukraine so I think now too no one should join any prop in Israel righ now because a bigger war might be coming. I do not think that the Israelis can kill any of the opponents and the other Arabs and regions will just watch. They will join probabyl the war and the US is also in the play. If Hisbollah and the Iran is joining and maybe other countries it gets a huge problem in that region. In that case I would not want to be part of the payout game on a prop in that country. And this can be near as within 2 months, when you passed the challenge and now wants to trade your funded account at. Not good.
  • #24,905
  • Oct 29, 2023 6:34am Oct 29, 2023 6:34am
Quoting TrAndy1
From the old rank list, Audacity still stands good and be reputable. I would put them into my list and exchange it with the5ers. But they have the last rank, because score is only at 2.2 without promo code. https://www.audacitycapital.co.uk/ability-challenge/ Any actual discount codes here ? On Forexpropreview there is 30% cashback link, but I do not know if that works. 30% discount would enhance the score to 3.1, which is the same like FTMO then. So how do I get 30% discount elsewhere too and easily ?
I can't remember why I never looked into it. Was that because they had a limit of 80K ? Now they have 240K.

Was there anything else in rules or payments that was bad with them ? I can't really remember.
  • #24,906
  • Oct 29, 2023 6:36am Oct 29, 2023 6:36am
Quoting TrAndy1
I am not sure if you trade only from one computer at home with no VPN but no fixed IP, if you can still violate the IP address rule from MFFX , FE, BG, FN, E8 props ?? Because recently this year the props came with a lot of new rules, like no grid no martingale no all or nothing no.....but the real rule which could make them rich by denying a lot of legit traders with legit payouts is the new IP address rule by some firms. So no travelers, no VPNs, no clouds, no different devices you trade from, no mobile trading also not possible with that. But...
Well, we just found out yesterday that ACG doesn't refund challenge fee.
https://www.forexfactory.com/thread/...9#post14634559
  • #24,907
  • Oct 29, 2023 6:40am Oct 29, 2023 6:40am
Quoting Capablanca
{quote} I can't remember why I never looked into it. Was that because they had a limit of 80K ? Now they have 240K. Was there anything else in rules or payments that was bad with them ? I can't really remember.
Yes you are right only 80k then 120k and now 240k offerings. That is good development. Never heard any bad. But did not follow to closely too.

I would like to know how to get this 30% discount now with them.
  • #24,908
  • Oct 29, 2023 6:40am Oct 29, 2023 6:40am
Quoting TrAndy1
I am not sure if you trade only from one computer at home with no VPN but no fixed IP, if you can still violate the IP address rule from MFFX , FE, BG, FN, E8 props ?? Because recently this year the props came with a lot of new rules, like no grid no martingale no all or nothing no.....but the real rule which could make them rich by denying a lot of legit traders with legit payouts is the new IP address rule by some firms. So no travelers, no VPNs, no clouds, no different devices you trade from, no mobile trading also not possible with that. But...
you can use a remote control to this computer when away from computer. should work fine, at least with wake on lan for starting pc.
  • #24,909
  • Oct 29, 2023 6:42am Oct 29, 2023 6:42am
Quoting Capablanca
{quote} Well, we just found out yesterday that ACG doesn't refund challenge fee. https://www.forexfactory.com/thread/...9#post14634559
I think there is a lot of room for more consistency rules, which makes it harder. That is still something not common. But if they cannot continue to payout they are forced to invent new rules so that they still can make profits from fees only. I really do not like this development.
  • #24,910
  • Oct 29, 2023 6:48am Oct 29, 2023 6:48am
Quoting Expo33
{quote} I agree the instant and direct funding offers aren't good but that doesn't mean they are fraudulent. The challenge offer is decent and with a 15-20% coupon not a bad price either. To say you "doubt" they will honor any large payouts without proof and without any known complaints is a bit subjective. You'd have to check Disord for coupons. I deleted my email that had a 20% coupon because they only offer Meta5 which I dislike. However, I may buy a regular challenge from them in the future as '"trust" is becoming more important to me than getting...
I'm funded with CTI (no payout received yet) but something I didn't like is that on KYC we need to fill in a form saying what our strategy and risk is, what was more difficult, etc.

That's fine for me. But we also have to send a short video talking about the experience with CTI. I could not find anywhere in conditions that we would be obliged to do that to get the funded account (and there is no way to send the form without the video).

Even worse, we need to tick the authorization box A and/or B to either authorize that video to be used in social media and/or be available to book an interview.
Without ticking one of those boxes we can't progress in the KYC process and receive the funded account.

I doubt this is even legal by data protection laws.

Furthermore, they moved from UK to UEA (I think this year) but their privacy conditions are still the UK ones, dated of 2020. Not sure exactly what data protection law is applied (UEA or UK)

I didn't like any of this.
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  • #24,911
  • Oct 29, 2023 6:52am Oct 29, 2023 6:52am
Quoting Capablanca
{quote} I'm funded with CTI but something I didn't like is that on KYC we need to fill in a form saying what our strategy and risk is, what was more difficult, etc. That's fine for me. But we also have to send a short video talking about the experience with CTI. I could not find anywhere in conditions that we would be obliged to do that to get the funded account (and there is no way to send the form without the video). Even worse, we need to tick the authorization box A and/or B to either authorize that video to be used in social media and/or be...
Thanks. Good Analysis. CTI should be avoided because of this too. An eye opener for all traders considering CTI. As I said all those firms with score below 1 in the old rank sheet are suspect to be also future scammers.
  • #24,912
  • Edited 7:53am Oct 29, 2023 7:06am | Edited 7:53am
Anyone who knows Dubai. Is it worth to live 10 miles north of Dubai in Ajman for example where you can get 140 m² for 700 Eur monthly (fully furnished) where in Dubai Marina with same size for a flat 4 to 5 times more. So over 3000 Euro per month. Do you need to live in Marina or what are the advantages or better disadvantages living in Ajman ? I mean you could travel by car easily every day to Dubai downtown. And the beaches in Ajman are good too or ?
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  • #24,913
  • Oct 29, 2023 7:17am Oct 29, 2023 7:17am
Quoting Capablanca
{quote} I'm funded with CTI (no payout received yet) but something I didn't like is that on KYC we need to fill in a form saying what our strategy and risk is, what was more difficult, etc. That's fine for me. But we also have to send a short video talking about the experience with CTI. I could not find anywhere in conditions that we would be obliged to do that to get the funded account (and there is no way to send the form without the video). Even worse, we need to tick the authorization box A and/or B to either authorize that video to be used...
The5ers updated their Terms and Conditions and added a new Interview Video Request section that was not there before. This means only FTMO is left as a reputable firm (5+yrs) without any silly rules sadly. CTI and The5ers are slowly crumbling.

"Interview Video Request

The Fund reserves the right to request an interview session at any time during the term of the program with a designated risk manager from The5ers Fund. The purpose of this interview is to ensure the authenticity of the client’s strategy and behavior in accordance with the terms and conditions.

Upon request, the client agrees to make themselves available for an interview with the risk manager of the Company. The client shall provide all necessary information and cooperate fully during the interview process.

The Fund, based on its understanding and after conducting due diligence, shall have the discretion to determine the authenticity of the client’s strategy and behavior. Any rejection or failure to participate in the interview session as requested by the Fund will be considered a material breach of this T&C and may result in immediate program termination.

The client acknowledges and agrees that participation in the interview session is a fundamental requirement of the program, and failure to comply may lead to a termination of the program."
  • #24,914
  • Oct 29, 2023 8:02am Oct 29, 2023 8:02am
Quoting Capablanca
{quote} I'm funded with CTI (no payout received yet) but something I didn't like is that on KYC we need to fill in a form saying what our strategy and risk is, what was more difficult, etc. That's fine for me. But we also have to send a short video talking about the experience with CTI. I could not find anywhere in conditions that we would be obliged to do that to get the funded account (and there is no way to send the form without the video). Even worse, we need to tick the authorization box A and/or B to either authorize that video to be used...
I couldn't find that anywhere in their terms and conditions either. That would make this a new "hidden rule", very bad and disappointing CTI.
  • #24,915
  • Oct 29, 2023 8:25am Oct 29, 2023 8:25am
Quoting TrAndy1
Anyone who knows Dubai. Is it worth to live 10 miles north of Dubai in Ajman for example where you can get 140 m² for 700 Eur monthly (fully furnished) where in Dubai Marina with same size for a flat 4 to 5 times more. So over 3000 Euro per month. Do you need to live in Marina or what are the advantages or better disadvantages living in Ajman ? I mean you could travel by car easily every day to Dubai downtown. And the beaches in Ajman are good too or ? {image} {image}
depends what you want to do.
marina is much better for sure when you want go out by walk, work from at home and enjoy view out window....
but more important is how much time you use for travel (when go to job and back), how good is the quality of the flat (the differences are extrem because of good or bad maintenance), what is inside the price (all inclusive with all maintenance,all to pay separate, all to take care for your own, furnished, unfurnished..), what other addons are in and what quality (pool, whirlpool, gym, Steam Room, party places..), the noise (from what is in construction around you , mosque , party sounds - important by work from at home, quality of walls), security team (can be very different quality)...

you just need to be happy, some make save money more happy , some make view more happy, some want save time (because 1 - 2 hours travel time each day is more worth then this money difference) .... so for anyone the result will be different for same level of happiness (also different for different part of lives, like with children different areas are to prefer against single)
  • #24,916
  • Oct 29, 2023 8:25am Oct 29, 2023 8:25am
Quoting Cryptosurf
{quote} And then he’s trying to rug one of their highly profitable traders, just because he doesn’t want to do an interview. {image}
Angelo of The Funded Trader once created a poll (image is in the comment I'm replying to above) to banish a trader for refusing a video interview for marketing purposes after a big payout. The guy understandably didn't want his name and face plastered all over the internet after a big payout. The poll didn't go as Angelo expected and he removed it later. People were very much in favor of the trader and appalled that the CEO would banish someone for not participating in marketing for them. This is the sort of thing I hope doesn't become a market trend. Because CTI's video requirement to pass KYC is more about marketing than risk management or strategy.

Offer a competition for the best video endorsement if you want, give the winner a free account or T-shirt or coffee mug or something, THAT is how you market. Make it opt-in and a bonus so you in effect have a marketing budget that you are paying someone out of, don't make it a requirement to receive a product or service that someone is paying you for. That only undervalues your product or service in the eyes of the customer.
  • #24,917
  • Oct 29, 2023 8:53am Oct 29, 2023 8:53am
Quoting AaronPriest
{quote} The5ers updated their Terms and Conditions and added a new Interview Video Request section that was not there before. This means only FTMO is left as a reputable firm (5+yrs) without any silly rules sadly. CTI and The5ers are slowly crumbling. "Interview Video Request The Fund reserves the right to request an interview session at any time during the term of the program with a designated risk manager from The5ers Fund. The purpose of this interview is to ensure the authenticity of the client’s strategy and behavior in accordance with the...

I'm not sure if I'm interpreting this correctly but the 5ers interview doesn't seem to be for the purposes of marketing, so it doesn't seem like it would be plastered all over social media and online. It is annoying but it's not CTI level bad, for sure would not go to them
  • #24,918
  • Oct 29, 2023 8:55am Oct 29, 2023 8:55am
Quoting Dao-trades
{quote} I'm not sure if I'm interpreting this correctly but the 5ers interview doesn't seem to be for the purposes of marketing, so it doesn't seem like it would be plastered all over social media and online. It is annoying but it's not CTI level bad, for sure would not go to them
Imagine you said one wrong word and your strategy is deemed to be too risky afterwards and you get banned from CTI or 5ers. Too bad, really this development.
  • #24,919
  • Oct 29, 2023 8:56am Oct 29, 2023 8:56am
Quoting Dao-trades
{quote} I'm not sure if I'm interpreting this correctly but the 5ers interview doesn't seem to be for the purposes of marketing, so it doesn't seem like it would be plastered all over social media and online. It is annoying but it's not CTI level bad, for sure would not go to them
Agreed, I wasn't comparing the two. But a video interview is clearly a "fundamental requirement" now and that's sad to see.
  • #24,920
  • Oct 29, 2023 8:59am Oct 29, 2023 8:59am
Personally, I don't care about a "video interview", I just think it's silly and foolish. Either you broke the rules or you didn't. They can analyze the trades and see if they are copies of other traders, or if the risk management is not adequate for them. I don't get the point of an interview to explain your trading strategy, what was the most difficult part of passing, psychoanalysis and psychology, none of this is a job interview because none of this is a real market to begin with.

And, some won't be comfortable with it, or English won't be their native language without Google translate, etc. too.
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