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  • #30,381
  • Feb 13, 2024 11:06pm Feb 13, 2024 11:06pm
Quoting montygoldy
Ok Just now purchased 3 challenges 1. 200K - BLue guardian 2. 200k - Skilled Funded trader 3. 200k - E8 markets FormedFunding they dont have crypto payments so leaving them for now... I HAVE ROOM TO BUY 1 MORE CHALLENGE. Any SUGGESTIONS (only 8-4% or 8-5% target ones and with discount) {image} {image} {image}
unable to vouch for them as I just started, but in phase 1 with FundingTraders now. Figured why not…
A snails pace wins the race :-)
  • #30,382
  • Feb 13, 2024 11:09pm Feb 13, 2024 11:09pm
Quoting woody70
{quote} The 5ers high stakes 8-5% but no discount.
If you never traded with The5ers, there is a 10% first time buyer's discount if you can find an affiliate link somewhere.
  • #30,383
  • Feb 13, 2024 11:16pm Feb 13, 2024 11:16pm
Quoting woody70
{quote} The 5ers high stakes 8-5% but no discount.
looking for 200k accounts only
Extreme gut feeling trader
  • #30,384
  • Feb 13, 2024 11:17pm Feb 13, 2024 11:17pm
Quoting JustPipMe
{quote} unable to vouch for them as I just started, but in phase 1 with FundingTraders now. Figured why not…
their 10-5% not good man.. only looking for 8-4 or 8-5% targets only
Extreme gut feeling trader
  • #30,385
  • Feb 13, 2024 11:41pm Feb 13, 2024 11:41pm
Quoting Takisd
{quote} {image}
We are unable to service clients residing in the US unless classified as eligible contract participants (ECP); an entity or individual allowed to engage in certain financial transactions that are not open to the average investors. There are very stringent requirements before one can reach ECP status. To qualify as an ECP, you must have over US$10 million in assets. From Global prime
  • #30,386
  • Feb 13, 2024 11:54pm Feb 13, 2024 11:54pm
Quoting montygoldy
{quote} their 10-5% not good man.. only looking for 8-4 or 8-5% targets only
Look at Lux trading. 6 with 4 have 200k accounts. For 1 milion 1 phase but 15%
  • #30,387
  • Feb 14, 2024 12:04am Feb 14, 2024 12:04am
Quoting Nsak3y
{quote}-It is okay to be wrong sometimes. It is also okay to have differing opinions. Takisd does not have to be right all of the time or have agreeable opinions for people to want to listen to what he has to say. People respect him because he has imparted much knowledge and made countless, positive contributions to this thread, even though he certainly does not have to do so. What knowledge or contributions have you imparted here?
Takisd is wrong 90% of times.
  • #30,388
  • Feb 14, 2024 12:11am Feb 14, 2024 12:11am
Quoting KarlKraus
{quote} Lux funded accounts are held with Global Prime, an ASIC-regulated brokerage. Traders funded by Lux can correspond directly
with the brokerage about their accounts, and some do. I wouldn't trade there myself, but I think they're safe from the current CFTC/MQ situations anyway.
Thank you for information.
  • #30,389
  • Feb 14, 2024 12:40am Feb 14, 2024 12:40am
Quoting montygoldy
{quote} yeah i knew the risk bro from day 1 thats why i have a strategy … i total spent 4k in challenges there and retrieved 26k in 2.5weeks from challenge to payout ….from day 1 i mentioned .. there should be a strategy with the firms as it is a high risk gamble… thats why i choose cheaper ones and pas s them and get 20k out of them atleast before they lemme go.. gonna do the same with atleast 10 more firms.. in the end i’ll have my personal 200k account…
Sean Bainton never disappoints. And likely you will be flagged in Blue and Aqua if you ever use them.

If you paid through credit card they deserved a credit card reversal because they were never bored by your gambling when you lost the challenge.
  • #30,390
  • Feb 14, 2024 12:43am Feb 14, 2024 12:43am
Quoting montygoldy
Ok Just now purchased 3 challenges 1. 200K - BLue guardian 2. 200k - Skilled Funded trader 3. 200k - E8 markets FormedFunding they dont have crypto payments so leaving them for now... I HAVE ROOM TO BUY 1 MORE CHALLENGE. Any SUGGESTIONS (only 8-4% or 8-5% target ones and with discount) {image} {image} {image}
You're doing shady props (in fact who is not shady these days ?) so for just a one shot payout and never go back I would look into Finotive.
  • #30,391
  • Feb 14, 2024 12:48am Feb 14, 2024 12:48am
Quoting TrAndy1
Asking again here as update for anyone recently paid taxes on prop firm gains. Is there to be paid a sales tax in addition to income tax for you ? Which country ?
Depends on the country. I'm paying taxes as consultant in my payouts. And I don't charge VAT in invoices because I'm an individual issuing invoices to foreign companies so I just tick the VAT autoliquidation.
  • #30,392
  • Feb 14, 2024 1:14am Feb 14, 2024 1:14am
Quoting Capablanca
{quote} You're doing shady props (in fact who is not shady these days ?) so for just a one shot payout and never go back I would look into Finotive.
60s SL rule, just FYI
A snails pace wins the race :-)
  • #30,393
  • Feb 14, 2024 1:20am Feb 14, 2024 1:20am
Quoting JustPipMe
{quote} 60s SL rule, just FYI
Not anymore from February. Neither that, not the 50% DD rule.
https://twitter.com/FinotiveFunding/...05372815753335
  • #30,394
  • Feb 14, 2024 1:24am Feb 14, 2024 1:24am
Quoting Nsak3y
{quote}-While I agree that no broker or prop firm should be fully-trusted, I can also understand the reluctance to bend a knee to over-reaching regulatory bodies that behave like the mafia and bully businesses for profit. I believe that people should have the right to choose where they invest their own, hard-earned money, and I do not believe that US regulators truly have our best interests at heart. They are regulating by enforcement, pushing their pay-to-play game, with no real intention on helping certain groups into compliance at all. Why will...
Nsak3y, believe me i totally understand what you mean and i feel the pains of my fellow traders with US citizenship/ residency, some of them has
contributed to my success because what i know today is a little bit of here and there put together to give me and edge.
I can't even wish to have or my kids to have citizenship or residency because of all this FATCA, Global Income Tax, CFTC, etc. and like
you said if they are really serious they should have allow for an opt-out but no, they don't.

So my problem is that some Props who are still taking are so loud about it and they might cause a very lasting effect and it's just because they have not been in FX industry long to know that what CFTC can do, and taking US clients has always been an hot zone. Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #30,395
  • Feb 14, 2024 1:33am Feb 14, 2024 1:33am
Quoting pipmaster77
{quote} Right. They made people sign a waiver to get the covid shot. Let me sign a waiver to trade where I wish.
They won't, is part of the tiny ways the get TAX to fund their military( i hope am wrong)
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #30,396
  • Feb 14, 2024 1:35am Feb 14, 2024 1:35am
Quoting 1hr
{quote} Futures trading sucks! Trailing drawdown, can't hold overnight so can't swing. Limited forex options, it just sucks. There is a reason cfd props are popular not these garbage apex or topstep futures. People came along and ruined everything for USA residents just like online poker, ohh for our safety. It's all bullshit
Very True. Well spoken. Kudoos
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #30,397
  • Feb 14, 2024 1:44am Feb 14, 2024 1:44am
Quoting Capablanca
{quote} You're doing shady props (in fact who is not shady these days ?) so for just a one shot payout and never go back I would look into Finotive.
god dammit already bought blue guardian challenge….
Extreme gut feeling trader
  • #30,398
  • Feb 14, 2024 2:29am Feb 14, 2024 2:29am
Quoting Capablanca
{quote} Not anymore from February. Neither that, not the 50% DD rule. https://twitter.com/FinotiveFunding/...05372815753335
good to know
A snails pace wins the race :-)
  • #30,399
  • Edited 2:52am Feb 14, 2024 2:36am | Edited 2:52am
Two updates from Funded Engineer in the last 24 hours:

https://twitter.com/fundedengineer/s...69087049756709
(they allow people to request a refund of challenges, under some conditions).

https://twitter.com/fundedengineer/s...49388371779921
(update on the migration process)

I don't know if they faked payouts or how serious they are/were/will be but at least on communication they have been behaving 5 stars.
TFF could learn a couple of things with these guys for when they had tech problems and behaved like a black box.
  • #30,400
  • Feb 14, 2024 2:44am Feb 14, 2024 2:44am
[quote=Capablanca;14755144]Two updates from Funded Engineer in the last 24 hours: https://twitter.com/fundedengineer/s...69087049756709 (they allow people to request a refund of challenges, under some conditions). https://twitter.com/fundedengineer/s...49388371779921 (update on the migration process) I don't know if they faked payouts or how serious they are/were/will be but at least on communication they have been behaving 5 stars. TFF could learn a couple of things with guys for when they had tech problems and behaved like a black box.[/quote

so far they are amazing firm
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