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  • #28,561
  • Jan 23, 2024 1:56pm Jan 23, 2024 1:56pm
Quoting Takisd
Hantec markets A-book all their trades to the b-book their LP provides and gets the money back. Like FXCM and Oanda and virtually every other broker who realizes that they can't get a proper per million return on a-booking retail traders. Anyone who thinks otherwise is naive and has no real institutional experience in OTC markets.
Can you elaborate a bit on “gets the money back” ? How much of which amount ?
  • #28,562
  • Jan 23, 2024 1:59pm Jan 23, 2024 1:59pm
Quoting Stoneyrocks
{quote} Can you elaborate a bit on “gets the money back” ? How much of which amount ?
Basically, A booking to their own LPs. FXCM got busted for it. It is not really A-book if you have any interest/ownership in the LPs you are A booking to.
However, they are "regulated", so in the case, it's OK. MFF does it.....it's not. See how all of this bullshit works.
  • #28,563
  • Jan 23, 2024 2:21pm Jan 23, 2024 2:21pm
No sense in arguing with the trolls. They have no real intention on helping anyone or listening to reason. They pretend and act oblivious when their condescending, provocative posts are not well-received. Probably, they are far better than any of us and nothing that we could possibly say could ever enrich their lives.
  • #28,564
  • Jan 23, 2024 2:24pm Jan 23, 2024 2:24pm
Quoting pipmaster77
and, of course, USA is NOT available. Not sure why I even bother looking.
-Because you hold on to the hope of waking up from this nightmare as a result of the ridiculously-unfathomable circumstances that we face as US citizens.
  • #28,565
  • Jan 23, 2024 2:49pm Jan 23, 2024 2:49pm
There are way too many prop firms popping up. Its a massive disaster waiting to happen.
  • #28,566
  • Jan 23, 2024 2:50pm Jan 23, 2024 2:50pm
Quoting pipmaster77
{quote} and, of course, USA is NOT available. Not sure why I even bother looking.
Shades of FX brokers post Dodd Frank. One domino fell and the rest….well you know.
Trade with confidence, trade without fear.
  • #28,567
  • Jan 23, 2024 3:26pm Jan 23, 2024 3:26pm
Quoting DeltaCapital
HantecMarkets enters the arena with https://htrader.com/

They have 30 calendar day limit, with 10 min trading days. 30 day extension can be bought +10% .
  • #28,568
  • Jan 23, 2024 4:04pm Jan 23, 2024 4:04pm
Quoting rizla101
{quote} what makes you think that? UI certainly looks like same generic propfirm website design they all use, but i thought Mffx were a bit later in their introduction of rise as a payment provider compared to others.
i think i read somewhere in their discord. It's a project started by Myfundedfx .....
Extreme gut feeling trader
  • #28,569
  • Jan 24, 2024 12:45am Jan 24, 2024 12:45am
Quoting Eren10
{quote} They have 30 calendar day limit, with 10 min trading days. 30 day extension can be bought +10% .
It seems they come to the market doing some marketing research with conditions that FTMO was offering 500 years ago.
  • #28,570
  • Jan 24, 2024 1:08am Jan 24, 2024 1:08am
It may be helpful to those traders seeking a trustworthy offshore broker that will accept USA traders if those traders posting on this thread will share those offshore brokers, they deem trustworthy based on their current or past experiences with said brokers. It seems there are several traders on this thread that currently use the services of some good reliable offshore brokers & a review from them would speak volumes for the brokers they vouch for.

Just a thought that might be helpful to some amongst us.
______________________________________________
  • #28,571
  • Jan 24, 2024 1:55am Jan 24, 2024 1:55am
Quoting acetrader
It may be helpful to those traders seeking a trustworthy offshore broker that will accept USA traders if those traders posting on this thread will share those offshore brokers, they deem trustworthy based on their current or past experiences with said brokers.
-Probably not the best place to discuss, but I will say that as a US trader, I do not fully-trust any broker and I would not vouch for any of them.

That said, I have used most offshore brokers that accept US citizens, in some capacity, but my personal preferences are a big driver and may not be applicable to everyone.

You can check out this thread for a list of offshore brokers that accept US citizens, that is maintained by US traders, and where various brokers are discussed and vetted etc..

Many offshore brokerages have been in operation for several years; each have their pros/cons. You will not find a squeaky-clean broker anywhere. Do your due diligence and mitigate risk accordingly.
  • #28,572
  • Jan 24, 2024 1:57am Jan 24, 2024 1:57am
Quoting acetrader
It may be helpful to those traders seeking a trustworthy offshore broker that will accept USA traders if those traders posting on this thread will share those offshore brokers, they deem trustworthy based on their current or past experiences with said brokers. It seems there are several traders on this thread that currently use the services of some good reliable offshore brokers & a review from them would speak volumes for the brokers they vouch for. Just a thought that might be helpful to some amongst us. ______________________________________________...

I use Tradersway and Fx Choice, both of which no longer take U.S clients. I was grandfathered in I guess. I tried to recommend both of those to friends last year and they were told that they were no longer accepting clients from America.
  • #28,573
  • Jan 24, 2024 2:42am Jan 24, 2024 2:42am
Quoting Capablanca
{quote} It seems they come to the market doing some marketing research with conditions that FTMO was offering 500 years ago.

Oanda has better trading days, but they have only 75 % profit share and their 100 k is expensive relative to others. 250k looks better.
They are new they should come with 50 % discount
  • #28,574
  • Jan 24, 2024 3:30am Jan 24, 2024 3:30am
Quoting Nsak3y
{quote}-Probably not the best place to discuss, but I will say that as a US trader, I do not fully-trust any broker and I would not vouch for any of them. That said, I have used most offshore brokers that accept US citizens, in some capacity, but my personal preferences are a big driver and may not be applicable to everyone. You can check out this thread for a list of offshore brokers that accept US citizens, that is maintained by US traders, and where various...
I know what you mean about not discussing it here. Could be a hot top. I understand some may not want to share that info. Thank you for your response.
No broker is to be trusted that's for sure. Thank you for the thread. Best of trades to you, my friend.
  • #28,575
  • Jan 24, 2024 3:32am Jan 24, 2024 3:32am
Quoting woody70
{quote} I use Tradersway and Fx Choice, both of which no longer take U.S clients. I was grandfathered in I guess. I tried to recommend both of those to friends last year and they were told that they were no longer accepting clients from America.

I did reach out to those two & was given the same response as your friends were. Thank you for your response & sharing. Best of trades to you, my friend.
  • #28,576
  • Jan 24, 2024 4:06am Jan 24, 2024 4:06am
Quoting acetrader
I know what you mean about not discussing it here. Could be a hot top. I understand some may not want to share that info.
-I just meant that this thread is for prop, so some members here might start feeling their skin burn or something.
  • #28,577
  • Jan 24, 2024 4:28am Jan 24, 2024 4:28am
Quoting Nsak3y
{quote}-I just meant that this thread is for prop, so some members here might start feeling their skin burn or something.
Ok I see. It does say Prop Hub & I knew better. Thank you.
  • #28,578
  • Jan 24, 2024 4:35am Jan 24, 2024 4:35am
...some Propfirms just cashed out with this morning news
  • #28,579
  • Jan 24, 2024 4:46am Jan 24, 2024 4:46am
Is there any software that I can connect to all my props accounts, multiple firms, in order to have the balances/equity in real time, all in one place ?
  • #28,580
  • Jan 24, 2024 5:52am Jan 24, 2024 5:52am
Sorry guys, can you suggest me from which prop firm to start with my challenge (100k)? I just need a trustworthy firm, with max DD not less than 5%. From where do you suggest me to start?
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