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  • #30,481
  • Feb 14, 2024 9:12am Feb 14, 2024 9:12am
They already said that all operations are on hold for 24 hours. SO no payout till next 24 hours.
  • #30,482
  • Feb 14, 2024 9:12am Feb 14, 2024 9:12am
https://www.financemagnates.com/fore...tops-services/
  • #30,483
  • Feb 14, 2024 9:12am Feb 14, 2024 9:12am
Quoting Capablanca
{quote} Now they may say that they will pay when they sort out the tech problems, like TFF did, despite one thing is not related with the other. I'm still waiting for a small TFF payout.
Actually, it is related based on the business model... money going out now without the money pot getting refilled with new blown challenges.
  • #30,484
  • Feb 14, 2024 9:17am Feb 14, 2024 9:17am
"However, many traders on social media are pointing out that the service of Funding Pips were disrupted as its only brokerage partner, Blackbull Markets, has lost its MetaTrader 5 license. Traders are also pointing out that Blackbull Markets’ website is not working anymore and active positions on MetaQuotes have been disabled."

I have not heard that a broker lost its whole MT5 licenses. So far only Purple had to dismiss all props. But that a regular broker has no MT5 access anymore. That is the next escalation step it seems. That is why the rug pull happened on Funding Pips. Any migration could be problematic then with no access anymore even on broker side.
  • #30,485
  • Feb 14, 2024 9:19am Feb 14, 2024 9:19am
Quoting genuine007
I did not trade any challenge account and any retail broker for the past 4-5 months because I had no money left I somehow arranged money 1,500 $ and broke into different parts put 300$ in retail broker and bought 3 challenges 100k 100k 100k before the new year after the christmas to take advantage of discounts I just need one push in my life, just one push I am not a bad trader, its just my time is bad I am a talented guy, but it seems like talent is not what requires in trading I can also be on top, passing challenges back to back, and recovering...

Listen, considering that picture from your profile is you, you are young. You got most needed asset - time. So go and learn instead burning money. You should buy 5k high stakes for less than 30$ and try scale up. From your recent posts you can clearly see problems with your trading, I will mention only few:
1 revenge trading
2 not accepting loss
3 having expectations from market, single trade (market don't care about it)
4 accumulated emotions
5 fear of missing out
6 lack of discipline
7 lack of MM risk management

I suggest one more time - read Jared Tandler "Mental game of trading " See examples there, go thru questions if you are too lazy forget about making money on markets. Even if you earn this 50k greed will show and you sooner or later lose it.

You can also read some classic books like new market wizards, Jesse Livermore story, it's lot of psychological aspects there.
  • #30,486
  • Feb 14, 2024 9:24am Feb 14, 2024 9:24am
Quoting TrAndy1
"However, many traders on social media are pointing out that the service of Funding Pips were disrupted as its only brokerage partner, Blackbull Markets, has lost its MetaTrader 5 license. Traders are also pointing out that Blackbull Markets’ website is not working anymore and active positions on MetaQuotes have been disabled." I have not heard that a broker lost its whole MT5 licenses. So far only Purple had to dismiss all props. But that a regular broker has no MT5 access anymore. That is the next escalation step it seems. That is why the rug...
so after purple dismissed props to save their meta license & blackbull got terminated by Meta... if you're FXpig, thinkmarkets & 8cap what are you thinking right now.
  • #30,487
  • Feb 14, 2024 9:26am Feb 14, 2024 9:26am
Quoting genuine007
I did not trade any challenge account and any retail broker for the past 4-5 months because I had no money left I somehow arranged money 1,500 $ and broke into different parts put 300$ in retail broker and bought 3 challenges 100k 100k 100k before the new year after the christmas to take advantage of discounts I just need one push in my life, just one push I am not a bad trader, its just my time is bad I am a talented guy, but it seems like talent is not what requires in trading I can also be on top, passing challenges back to back, and recovering...
I think you should stop wining. You have been here for 3 years. Did you think that you should be The Chosen One that go into this business and then get wealthy right away? 3 Years is nothing! Stop it. Put on the gloves and start demoing agaqin. Talk to your family. Don't be such a pain in their ass.
MetaTrader 4 - so many advantages.
  • #30,488
  • Feb 14, 2024 9:28am Feb 14, 2024 9:28am
Quoting Pranjal
They already said that all operations are on hold for 24 hours. SO no payout till next 24 hours.
Maybe i don't follow news. Simple logic payout button works so i use it. You never know what happen with these firms nowadays so it's better try to take what is yours
  • #30,489
  • Feb 14, 2024 9:30am Feb 14, 2024 9:30am
Quoting CableJ
{quote} so after purple dismissed props to save their meta license & blackbull got terminated by Meta... if you're FXpig, thinkmarkets & 8cap what are you thinking right now.
You should be thinking "Ditch and block US". But I know at least ThinkMarkets isnt thinking that.
  • #30,490
  • Feb 14, 2024 9:30am Feb 14, 2024 9:30am
Quoting CableJ
{quote} so after purple dismissed props to save their meta license & blackbull got terminated by Meta... if you're FXpig, thinkmarkets & 8cap what are you thinking right now.
I would minimize losses. There is trade-off between earnings from props side and a probably termination of MQ licenses. Any FX broker who cannot offer Metatrader to trade with, it either prime of prime and has own platforms or out of the retail trader game, which the ladder is the case here. So this could result in some panic actions.
  • #30,491
  • Feb 14, 2024 9:32am Feb 14, 2024 9:32am
I am waiting for proper pure crypto prop firm. Operating purely with crypto with slogan "stay safe" I don't care if it will be mt platform or even just something simple.
  • #30,492
  • Feb 14, 2024 9:32am Feb 14, 2024 9:32am
Quoting youngD
{quote} Listen, considering that picture from your profile is you, you are young.
That picture is Navinder Sarao

He's gotta be trolling everyone here
Trade with confidence, trade without fear.
  • #30,493
  • Feb 14, 2024 9:32am Feb 14, 2024 9:32am
Quoting Takisd
{quote} You should be thinking "Ditch and block US". But I know at least ThinkMarkets isnt thinking that.
they are probably thinking eventual exit scam on the desperate props they're currently overcharging.

did blueberry also pull out of supporting props?
  • #30,494
  • Feb 14, 2024 9:39am Feb 14, 2024 9:39am
As it looks like now with all the info we have. It is crystal clear that MQ will take actions on all props and broker offering services to US residents!

So this is a game of time. Time the brokers have to make it clear that they are in line with MQ policies. Otherwise they are risking more losses than any actions before this event happens.

So any broker should at least stop offering services to props who do not say that they do not accept any US residents. As first step.

Second escalation would be for the broker to stop all services to any prop. Just to make sure that it is stopped offering services to any US residents.

We have seen what can happen with BlackBull if there is no reaction coming from broker side earlier before MQ has his eyes on the prop or broker.
Any termination of MQ licenses for the broker will have much more consequences on the money and earnings side of any retail prop than any of the above actions.
So there is hurry now I would say that all brokers make clear where they stand. Either on the prop game side to the own end. Or on their own brokerage side.
  • #30,495
  • Feb 14, 2024 9:49am Feb 14, 2024 9:49am
Quoting Cryptosurf
{quote} That picture is Navinder Sarao He's gotta be trolling everyone here
Yes. That is the conclusion I have come to as well.
  • #30,496
  • Feb 14, 2024 9:51am Feb 14, 2024 9:51am
Quoting Cryptosurf
{quote} That picture is Navinder Sarao He's gotta be trolling everyone here
Yeah picture is of Navinder Sarao, FLASH CRASH incident
But I am not trolling anyone here
  • #30,497
  • Feb 14, 2024 9:51am Feb 14, 2024 9:51am
Quoting Takisd
{quote} Yes man it was all me. The guy cheering them on is the one responsible. Fortunately for you I have empathy for the disabled.
I feel pity for you. You have a very very sad life.
  • #30,498
  • Feb 14, 2024 9:51am Feb 14, 2024 9:51am
Quoting youngD
I am waiting for proper pure crypto prop firm. Operating purely with crypto with slogan "stay safe" I don't care if it will be mt platform or even just something simple.
Hello YoungD;

I trust you are well.

Please receive confirmation that your wait might not be as long as you think/thought.

This is since I am unsure whether you had a look at The Company Called, "Crypto Fund Trader"

As a Crypto aficionado myself due to its stupendous advantages over FIAT, I am also keen for the realization of your aspiration. This Company provides their Wallet numbers which publicly shows their "Reserve of Funds".

I am unwilling to speculate as to whether said Proof of Funds is authentic or another Set of Emporer's New Clothes.

I was on the brink of pulling the trigger with the challenge with them as Trader TakisD circulated his precautionary notification that we curb our enthusiasm wrt purchasing challenges.

Once the dust settles, I will be sure to pick up where I left off with them & keep you appraised should you still be considering them by then.

Wishing you a pleasant day ahead & May The Markets Go With You.

Des
My success is due to The Great Napoleon Hill. May His Name Live Forever
  • #30,499
  • Feb 14, 2024 9:52am Feb 14, 2024 9:52am
Quoting Desbinary
{quote} Hello again Capablanca; Thanks for your reply. The probability of me interpreting it is incorrect is highly improbable. This is since I gave them a fair shake and tried to engage their chap operative in order to give them the benefit of clearing that confusion. The operative I was chatting to clearly didn't have the foggiest idea concerning Trading and for good measure what the rule meant. I suspect he/she/they asked someone at the back-end & they progressed to dance on egg shells so as to not unambiguously state their posture. Thereafter,...
Skilled writing is using the most simple and clear language. Those who have the gift of being able to write with more colour use it sparingly. Those who don't sound like teenagers trying too hard in an essay to sound clever.
  • #30,500
  • Feb 14, 2024 9:52am Feb 14, 2024 9:52am
I can only speculate if there has been any official letter as rounding mail to all MQ customers, where it should stand please make sure that you not offer out MT platforms to any US residents to all brokers (and props). Because it would look strange to me if they terminate and rug pull licenses without prior warning or email here. But I am not involved in this business. Maybe Takisd knows more if there is such a letter of MQ makes the round on brokers. I do not know that. Because then we would know much more as we know the consequences of that, as just a matter of time.
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