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  • #29,101
  • Feb 2, 2024 12:52pm Feb 2, 2024 12:52pm
Quoting CableJ
{quote} private server props = ban us traders to keep meta license regulated broker props = drop meta for another platform to keep US client base
yup, and really really soon. FML. British citizenship here I come, as the US won’t leave me the f*ck alone
A snails pace wins the race :-)
  • #29,102
  • Feb 2, 2024 1:06pm Feb 2, 2024 1:06pm
I wonder what E8funding have in store this weekend. They are making a big deal about closing all trades this weekend. And have some "exceptional upgrades coming this weekend"

I wonder if we'll be shifted to Dxtrade by Monday or something?
I'm assuming they must have lost their MQ license also? They stopped offering there own meta platform not too long ago only offering purple trading thereafter.
  • #29,103
  • Feb 2, 2024 1:22pm Feb 2, 2024 1:22pm
Quoting AaronPriest
{quote} The free trial account only runs for 2 weeks. The FTMO challenge used to run for 30 days (but is now unlimited). Thus the targets for the trial are half the target of the challenge. I don't know what their academy has for questions or answers, but that has been the case for years.
yeah, same profit targets/ drawdowns for the swing account otherwise it would be mentioned on the site..
  • #29,104
  • Feb 2, 2024 1:40pm Feb 2, 2024 1:40pm
Anyone knows if any prop firm still uses deel, or deel cancelled every prop?
  • #29,105
  • Feb 2, 2024 2:13pm Feb 2, 2024 2:13pm
Quoting montygoldy
Alright people update time as its a friday .. comes to be FRYDAY FOR MY CHALLENGES… 200k myflashfunding and 2x200k blueguardian phase 1 challenges all are in drawdown close to 4%.:. Everytrade executed literally went in my direction but reversed before my tp and hit positive sl and then i got greedy took a bigger size position on us30 buy limit which triggered and hit my sl which was huge due to news before hitting the take profit… these are some non friendly days when your winners take your positive sl and then hit your tp target 4-5 times in a...
Don't Stress out my friend. You are a good trader. Next week you will recover. I myself, went in some drawdown but I managed to come out of it today. Still a bit positive both in my TFT and MyFlashFunding phase 2's. Earlier in the week I slipped a little bit and Greed got me on gbpusd and Gold. No worries though, next week looking to do better.
Drawdown is more important than Account Size !
  • #29,106
  • Feb 2, 2024 2:44pm Feb 2, 2024 2:44pm
Quoting Takisd
Just so you know the third party brokers have notice but more time to change policy. If you are a US resident familiarize your selves with dxtrade for now
Just watched some good tutorials on DxTrade.

I like the platform. I found it to be intuitive and user-friendly.
Pride always comes before destruction.... -Proverbs 16:18
  • #29,107
  • Feb 2, 2024 3:23pm Feb 2, 2024 3:23pm
Quoting Advice777
{quote} Stay away from TFF. Martingale or opening more than one trade in same direction not allowed. For example you can not open GBP/USD buy at 1.2700 and open a second buy at 1.2680. The first must be closed first. For me FTMO is still okay. I knew all these through trial accounts. Their mt5 is not seemless in executing orders. Phase 1 target is 5% on FTMO Swing account type and phase 2 is less. Leverage is 1:30 and I like it so. My FTMO trial account results is just excellent and FTMO even testified to it. Guys please wish me the best so that...
So are saying a trader can place more than one trade in the same direction on FTMO account? i.e. i can't add to my winning position?
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #29,108
  • Feb 2, 2024 4:42pm Feb 2, 2024 4:42pm
Dear Traders
Due to a non-sense reason, MetaQuotes has terminated our licenses, and therefore, we have to freeze our services TEMPORARILY. Our team is working hard on a plan to continue providing our services.
The incomprehensible reason for the termination is using a third-party provider for equity synchronization purposes who has allegedly not connected to MetaTrader’s client terminal in a way that is fully acceptable by MetaQuotes. True Forex Funds has used the mentioned third-party service since 2021 without any complaint from MetaQuotes.
MetaQuotes did not give any prior warning, nor did they provide any chance to replace the unwanted provider, despite it being evident that in no industry is it possible to investigate your partner, provider, or any supplier’s source code to prove their legitimacy.
We would like to assure all of you that despite all the turbulence, we will never back down, and you will be able to continue your journey where it had to be stopped. Our team continuously tries to convince MetaQuotes to keep our licenses; in case of lack of success, we will try to migrate your trading accounts to a broker.
We would like to apologize for this disaster, a force majeure event that has occurred due to reasons beyond our control. Please note that the remaining payouts will be settled once the platform is unfrozen.
If the worst-case scenario occurs and we have to migrate to another broker’s server, we will face an issue with the offered symbols discrepancies, making open positions migration challenging. Please close your positions before market closure; otherwise, they will be automatically closed.
Once again, keep in mind that as soon as the workaround is implemented, you will be able to continue your trading journey with True Forex Funds. Your support means a lot to us.
We will keep you updated.
Richard Nagy
CEO
Anyway is facing this problem, I have account with them and today received this msg????
  • #29,109
  • Feb 2, 2024 4:42pm Feb 2, 2024 4:42pm
Quoting rehmatkhan00
Dear Traders Due to a non-sense reason, MetaQuotes has terminated our licenses, and therefore, we have to freeze our services TEMPORARILY. Our team is working hard on a plan to continue providing our services. The incomprehensible reason for the termination is using a third-party provider for equity synchronization purposes who has allegedly not connected to MetaTrader’s client terminal in a way that is fully acceptable by MetaQuotes. True Forex Funds has used the mentioned third-party service since 2021 without any complaint from MetaQuotes. MetaQuotes...
This msg is from TrueForexFunds
  • #29,110
  • Feb 2, 2024 5:06pm Feb 2, 2024 5:06pm
Quoting rehmatkhan00
Dear Traders Due to a non-sense reason, MetaQuotes has terminated our licenses, and therefore, we have to freeze our services TEMPORARILY. Our team is working hard on a plan to continue providing our services. The incomprehensible reason for the termination is using a third-party provider for equity synchronization purposes who has allegedly not connected to MetaTrader’s client terminal in a way that is fully acceptable by MetaQuotes. True Forex Funds has used the mentioned third-party service since 2021 without any complaint from MetaQuotes. MetaQuotes...
You're late to the party, it’s all we been talking about today. https://www.forexfactory.com/thread/...9#post14740999
Trade with confidence, trade without fear.
  • #29,111
  • Feb 2, 2024 5:33pm Feb 2, 2024 5:33pm
Quoting Cryptosurf
{quote} You're late to the party, it’s all we been talking about today. https://www.forexfactory.com/thread/...9#post14740999
so it means my account with TFF has gone for long time is there any prop firm on which we can trust ?
  • #29,112
  • Feb 2, 2024 5:47pm Feb 2, 2024 5:47pm
The prop firm Industry is getting hit one by one.

I never thought TFF will be damaged.

Long ago, I had funded account, and then violated. ( After blowing challenge accounts )

I did not buy new challenge with them since paying thro credit card was difficult.

There was possibility to buy challenege thro crypto payment, but luckily I did not buy.

Frankly speaking, we need to switch our accounts to real money broker.

I have account with tradersway
Gomarkets

And in the process of opening account with Ducascopy
Intraday only.
  • #29,113
  • Feb 2, 2024 8:07pm Feb 2, 2024 8:07pm
If all the prop firms follow FTMos lead and decide not to deal with US residents, will the Cftc keep pursuing this crackdown or they'll be satisfied and just let it be? This looks like it might give the industry some breathing space as it looks the EU authorities don't really have a dog in this fight. What would be their next move if they keep pursuing since theyve already played the meta quotes and payment providers cards?

Unfortunately the American market is too big for these props to ignore, so they'll keep pursuing it and consequently keep the Cftc active in the space.
  • #29,114
  • Feb 2, 2024 9:59pm Feb 2, 2024 9:59pm
3 full business days and still NO response from the 5ers regarding my account. WOW!

A company with known dashboard issues and they don't have anyone to fix it?
Pride always comes before destruction.... -Proverbs 16:18
  • #29,115
  • Feb 2, 2024 10:06pm Feb 2, 2024 10:06pm
Some news for us customers
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Extreme gut feeling trader
  • #29,116
  • Feb 3, 2024 12:22am Feb 3, 2024 12:22am
If I have 3k or 5k personal capital to start trading today, I will never waste my time with prop firm.
I will simply live up with this with reasonable withdrawal monthly.
I know better now how to trade. Forex trading education is full of many lies, distortions and half truth.
That the market is random is also another lie.
The price chart was configured into time frames in order to have you confused and keep losing money. It was deliberately done so by the inventors.
Many of you have reasonable personal trading capital of 10k and above but yet keep buying challenges and failing. It is a proponent of Greed.
Stop wasting funds buying challenges and go with real money fx broker.
https://trader.ftmo.com/metrix/1040315039
  • #29,117
  • Feb 3, 2024 12:42am Feb 3, 2024 12:42am
ACG are going to launch Ctrader in a few days.
Don't give up on your dreams. Keep sleeping.
  • #29,118
  • Feb 3, 2024 12:52am Feb 3, 2024 12:52am
I'll be buying some challenges on monday if this is true on their regular 8%, 5% challenges not the 3 step BS
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Extreme gut feeling trader
  • #29,119
  • Feb 3, 2024 1:11am Feb 3, 2024 1:11am
Quoting montygoldy
I'll be buying some challenges on monday if this is true on their regular 8%, 5% challenges not the 3 step BS {image}
You may one to consider fundednext. 8% and 5% on evaluation. You earn $1950 on passing the challenge phases plus your fees will be refunded separately.

Phase 1 challenge is 10% target with 3% daily drawdown limit and overall 6% drawdown.

Personally I would have consider this by buying the smallest challenge of $6000 but hey no funds to throw out now. Keep doing it Monty because you sure know what you are doing unlike many just wasting challenge fees with no single funded account let alone withdrawing challenge fees lol.
https://trader.ftmo.com/metrix/1040315039
  • #29,120
  • Edited 5:45am Feb 3, 2024 2:12am | Edited 5:45am
Quoting Advice777
{quote} You may one to consider fundednext. 8% and 5% on evaluation. You earn $1950 on passing the challenge phases plus your fees will be refunded separately. Phase 1 challenge is 10% target with 3% daily drawdown limit and overall 6% drawdown. Personally I would have consider this by buying the smallest challenge of $6000 but hey no funds to throw out now. Keep doing it Monty because you sure know what you are doing unlike many just wasting challenge fees with no single funded account let alone withdrawing challenge fees lol.
fundednext is a bit on expensive side… like my planning is different i am going for average firms with cheapest challenges as it gives me more room to practise those challenges and gain experience and fix the mistakes i make… i am no prop firm champion but with more challenges i am fixing the mistakes in past …

this is the statistics of 2023 last quarter when i started my prop firm journey
i did 15 challenges and able to get 2 funded (eventually lost them without payout) and 6 reached phase 2….

this year i took 9 challenges so far got 4 funded (payout as well which recovered all the previous challenges money also funding the future atleast 1.2million worth challenges ofcourse cheapers ones only), 3 challenges currently in phase 1 and lost 2…

As you can see there is huge jump its all because of experience i gained from failed on, fixed what works for me and fixing the problems on the way… thats how i roll….

Also just to add people say firms are scam or stuff like that. For me its based on each person personality some can succeed in prop some won’t. But for me i always take these CHALLENGES AS GOAL TO CONQUER not just prop firms other aspects of life as well for the example recently did the body transformation by my self without any shortcuts naturally people said wont possible did it in 3 months. EVERY LOSS MAKE ME PUSH Myself MORE rather THAN GIVEUP…

Every successful person on earth had failures but they kept going on and won at some point. Also dont be just working hard as donkey it wont take you there you need to build and update your plan as you go to reach the top of the ladder…

The reason i post my journey for prop forms before my wins/losses on the other thread to showcase if i can do it anyone can….

coz if i trade from phone with simple support/resistance, trendlines and experience/gut feeling. Most will say you wont make a dime like this but i proved them wrong. I have turned 1k to 55k on trade explorer within 3 weeks most will say impossible…..

Yeah thats me
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Extreme gut feeling trader
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