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Nearly every ad on my YouTube feed for the past few weeks has been Funded Engineer.

I really loved the young lady too. She would have her introductory spiel and then say, "ATTENTION TRADERS!"

And I would be like, yes, old creepy guy standing at attention.

I'm gonna miss her.

have you received acg funded account?? Its been 3 days complete silence

they have take away my source income !!!

not yet!

now time to gamble
if got the account trade with 3%-4% risk

Hello YoungD;

I trust you are well.

Thank You for your comprehensive & honest account of your experience with the accounts.

From my end, I noticed that observation with a considerable number of Traders either passing very quickly and then blowing up over a period of time. I am aware you read through my other post where you noted that my risk parameter is similar & therefore there is almost zero chance of me blowing up these accounts. Notwithstanding off course, The Black/Grey Swan event which supersedes the Euro-Swissy 2015 1.20 Peg Removal by the SNB.

I gather if many more Traders begin trading these accounts in this manner it will be a true litmus test for these companies. After all, they are unable to "deny" payouts despite their seemingly endless list of small print since someone trading with a RRR of 1% or maximum 2% of permissible drawdown as opposed to fake equity displayed and consistently scoring a gain of average 4000-5000 PIPS leaves them with no wiggle room to legitimise their denial of payouts.

The Edge The Market normally holds over retail Traders is that adage, "The Market Can Stay Irrational Longer than We (Retail Traders) can Stay Liquid)

It holds true most of the time & I always fancied the idea of being able to Position Trade but naturally didn't have depth of a couple Hundred Thousand USD to Hold Positions for months whilst the blow off moves stalled & stalled & stalled into what seems like eternity.

When the shake off along with Seller or Buyer Exhaustion has occurred depending in which direction the Instrument in Question will Trend, it runs in succession for several Days or even Weeks with hardly anyone being able to leverage the Massive Moves which really count.

This model permits a stupendous opportunity to Traders who are willing to Position Trade the ability to have numerous accounts with almost no chance of blowing up and receiving passive income without any actual trading needed as long as the company concerned is operational.

One example amongst the many similar positions I have on the accounts is CHY-JPY. It's been oscillating around 169-171 for the last 25 days and I have my Sell Order which I expect to cycle all the way to as low as 110. That is a 6 000 PIP move on a single order, at 2 major pull-backs, scaling in risk-free trades allows any competent trader on this thread to quantify the outsized gains to be generated.

Trades such as these exist across the 28 pairs & the Trader is able to leverage access to Position Trading with being able to "park" off $10k drawdown (fake $100K account) with being as content that despite how long the market takes to trend, the position is in & will benefit from the very first leg of when it kicks off hard.

No doubt you're aware being a far more experienced & superior trader to me that the first kick off being as hard as it is stuns most of us into that dreaded "deer in the headlights" situation where we're waiting for the pull-back to enter. That's when the Trend can and often does run "Tip-to-Tip" D1s for days on end where we can never get positioned.

Thank You once again for detailing your feedback. It has been very refreshing to read through.

Wishing you & all on the thread a pleasant day ahead & May The Markets Go With You.
Des

Not quite as long term as you, but same concept. Tiny trades accross multiple firms building into a larger position. No danger of blowing accounts, just need them to stay in business.

you bought $ 300k account in $ 450 ??

Another day, another drama. This is better than when we had Dallas broadcasting in the 80s.

I don't know what's going on with the allegations of inflated payouts in FE but it's somehow funny to se FPFX claiming that, knowing how many scumbags they have at house. We all wished they were so diligent in the past. It would have avoided a lot of money being lost to the pockets of those scammers.

Now they may understand how it feels to be kicked out from a prop, without notice and a proper explanation

Seychelles = st. vincent, dominica, Marshall Islends, Belize... If they're not Japan, HK, Au, EU, UK, US, Can & maybe CySEC regulated, then they're unregulated... these prop ceos are too funny lol

US offshore traders know the CFTC's preferred method of attack if they can't directly shut you down... FPFX is a gigantic risk for the majority of the funding/evaluation companies, I was shocked to find out in the MFF case that they were with FPFX.

but i believe they as a business entity need to handle this kind of situations in a PROFESSIONAL WAY. Fpfx is so wrong in this situation. If they have any issues first inform them and then give them a deadline to take the backup and give them time to prepare a short term solutions. I saw on the post fundedengineers are literally begging for the backup data which is absolutely BS. They are paying for your services. These things dents the reputation and shows how childish they are.
I am pretty sure after this all the other firms who are current customers of FPFX will start building their own tech or look for alternatives…
I am not taking sides but this pure UNPROFESSIONALISM

What the hell is happening with my funded engineer account... I don't understand this message sent and authorization failed. I don't want to go through another trauma after Mff case... Gush.

Not sure but the firms which were doing good GOING DOWN FIRST TFF NOW ENGINEER

This is the update from their Twitter page

https://twitter.com/fundedengineer/s...6JFAIfo5Q&s=19

And another update about them from another Twitter post

https://twitter.com/lukasstibor/stat...kjCCD5HhQ&s=19

And this update from FE CEO

https://twitter.com/tradertristian/s...Jic0-ks9A&s=19

Hope they will find a solution soon for their client

TFT the company with the most skeletons in the closet going to leave fpfx with no repercussions? I Dont think so, MFF couldn't and as more shit happens involving FPFX more rumors come to surface. I'd like a name of a big company who left fpfx without any repercussion.

If FPFX were doing this for customers, they would have made an offramp for payments refunds etc and given a notice to cease.

To rugpull like this is ONLY about money, nothing else. Doesn't surprise me with the morons working at fpfx who still cant even get the breachs right after so many years.

Edit: There is an FPFX employee amongst us.

prop firms with in house tech:
https://twitter.com/TheTrustedProp/s...68454512259380

and also from what I heard:
FTMO
ACG
CTI

Can someone knowledgeable confirm that these are using in-house tech?

They are it is correct.

I thought Funding Pips was some market solution. I was convinced of having seen something similar to that before, though I can't tell where. I'm probably wrong.

I dont know about fundingpips. They said they have their own broker but they dont, they said they have alpha but they don't, they said they were magical dealers but they weren't. The more I find out about them the more I see them as just big liars.