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  • #33,261
  • Mar 19, 2024 2:51am Mar 19, 2024 2:51am
The shit show from TFT goes on

This one is funny because the trader had a style that "compromise the integrity of our simulated environment".
The simulated stuff leads to this non sense.

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This one both show that there are not clear rules and an arbitrary value above which the trader won't be paid
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This we don't know the truth behind it but there are a lot of claim like this. Ban and absolutely no explanation.
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  • #33,262
  • Mar 19, 2024 3:06am Mar 19, 2024 3:06am
A guy that warned Funding Pips about a mistake he did was punished. I think there was other ways of solving this but they chose to go by the book and close all accounts.
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  • #33,263
  • Mar 19, 2024 5:53am Mar 19, 2024 5:53am
Why the hell did he tell them he made a mistake? No funding firm is your friend, if they find a way to get rid of you if you are profitable they will.
  • #33,264
  • Mar 19, 2024 5:56am Mar 19, 2024 5:56am
Quoting Tobiazzek
Why the hell did he tell them he made a mistake? No funding firm is your friend, if they find a way to get rid of you if you are profitable they will.
probably in the hope they wouldnt do what they did.
  • #33,265
  • Mar 19, 2024 6:54am Mar 19, 2024 6:54am
Quoting Tobiazzek
Why the hell did he tell them he made a mistake? No funding firm is your friend, if they find a way to get rid of you if you are profitable they will.
Prop firms just want to profit from losses we already know that, thats why we should focus on milking them to fund personal account
  • #33,266
  • Mar 19, 2024 6:57am Mar 19, 2024 6:57am
Quoting Capablanca
A guy that warned Funding Pips about a mistake he did was punished. I think there was other ways of solving this but they chose to go by the book and close all accounts. {image}
They would probably have found the issue after he hits the target and they run their script on the trades. Saying that, I think ACG would've given him a chance. I breached one of their rules once and they let me off with a warning.
  • #33,267
  • Mar 19, 2024 7:11am Mar 19, 2024 7:11am
I think it's clear TFT were living month to month or similar with their cash flow. Their programs were / are far too generous to support their ambition to be the biggest firm.

Post MFF their cash flow has taken a huge hit and there isn't enough coming in to cover what's going out.

I don't think it's any more complicated than that.
  • #33,268
  • Mar 19, 2024 9:09am Mar 19, 2024 9:09am
Quoting Capablanca
The shit show from TFT goes on This one is funny because the trader had a style that "compromise the integrity of our simulated environment". The simulated stuff leads to this non sense. {image} This one both show that there are not clear rules and an arbitrary value above which the trader won't be paid {image} This we don't know the truth behind it but there are a lot of claim like this. Ban and absolutely no explanation. {image}
A CEO with a profile pic of a cartoon character with a king's crown. What could go wrong?
Pride always comes before destruction.... -Proverbs 16:18
  • #33,269
  • Mar 19, 2024 9:25am Mar 19, 2024 9:25am
Quoting Expo33
{quote} A CEO with a profile pic of a cartoon character with a king's crown. What could go wrong?
IMO this was foregone conclusion. When I had FTMO, MFF and them as slave account, they always executed the worst price. The other two would close in profit and TFT would close in loss, nearly every single time. I found the differences as a major red flag and ditched them fairly quickly.
Trade with confidence, trade without fear.
  • #33,270
  • Mar 19, 2024 12:05pm Mar 19, 2024 12:05pm
Quoting CableJ
{quote} As requested... {image} {image} US traders getting banned almost everywhere + the metaquotes fallout definitely had an impact. FTMO with their MT4 license intact wins again! Futures props were also winners of the fallout. MFF must be getting a lot of "are they back yet" traffic. No advertising or affiliate marketing and they are still in the top 10... WTF
Could you please include MFFu in the futures prop list?
  • #33,271
  • Mar 19, 2024 1:13pm Mar 19, 2024 1:13pm
$600k Challenge...sign of desperation....
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Drawdown is more important than Account Size !
  • #33,272
  • Mar 19, 2024 1:22pm Mar 19, 2024 1:22pm
Anybody knows whether My Funded Futures uses the same liquidity provider as Apex?
  • #33,273
  • Mar 19, 2024 1:36pm Mar 19, 2024 1:36pm
Quoting proptrader1
Anybody knows whether My Funded Futures uses the same liquidity provider as Apex?
CME is the only “liquidity provider” in futures.
Trade with confidence, trade without fear.
  • #33,274
  • Mar 19, 2024 1:51pm Mar 19, 2024 1:51pm
Quoting Cryptosurf
{quote} CME is the only “liquidity provider” in futures.
Something I don't know and it's more intelectual curiosity is if the application of the trading algorithm (knowing that we re playing a videogame) is done by Apex/MFF or by Rithmic/Tradovate.

I mean, they both receive the same level 2 feed but if ask has only 5 contracts and I place a buy order for 10, who is "instructing" the game to pick those 5 and 5 in the next bracket. We know that in CFD this is parametrized in Meta by the props themselves.
  • #33,275
  • Mar 19, 2024 1:56pm Mar 19, 2024 1:56pm
It seems this thread cannot do deeper research. There is already a futures prop firm with really static drawdown and that of $20k for a $200k account and 80 Euro fee to get in. Activation fee is higher then of course but by far the best futures prop around. I thought it will be mentioned here but it seems nobody knows it except me what is going in here in this space. Wake up, there are better offers around on the futures prop space. But as a reminder of last time where I got problems here, and my membership was for some time suspended, I do not give you the link and even not the name, so you cannot sue me for making marketing. So figure out yourself.
  • #33,276
  • Mar 19, 2024 2:15pm Mar 19, 2024 2:15pm
Quoting TrAndy1
It seems this thread cannot do deeper research. There is already a futures prop firm with really static drawdown and that of $20k for a $200k account and 80 Euro fee to get in. Activation fee is higher then of course but by far the best futures prop around. I thought it will be mentioned here but it seems nobody knows it except me what is going in here in this space. Wake up, there are better offers around on the futures prop space. But as a reminder of last time where I got problems here, and my membership was for some time suspended, I do not...
But is there binary options prop? I feel since angelo and the goat clown is going to futures I need to go the opposite direction.
  • #33,277
  • Mar 19, 2024 2:27pm Mar 19, 2024 2:27pm
Quoting Capablanca
{quote} Something I don't know and it's more intelectual curiosity is if the application of the trading algorithm (knowing that we re playing a videogame) is done by Apex/MFF or by Rithmic/Tradovate. I mean, they both receive the same level 2 feed but if ask has only 5 contracts and I place a buy order for 10, who is "instructing" the game to pick those 5 and 5 in the next bracket. We know that in CFD this is parametrized in Meta by the props themselves.
Data providers like Rithmic, CQG, etc
Trade with confidence, trade without fear.
  • #33,278
  • Mar 19, 2024 2:58pm Mar 19, 2024 2:58pm
Quoting TrAndy1
It seems this thread cannot do deeper research. There is already a futures prop firm with really static drawdown and that of $20k for a $200k account and 80 Euro fee to get in. Activation fee is higher then of course but by far the best futures prop around. I thought it will be mentioned here but it seems nobody knows it except me what is going in here in this space. Wake up, there are better offers around on the futures prop space. But as a reminder of last time where I got problems here, and my membership was for some time suspended, I do not...
Because your assumptions have always been wrong. You stated before the only thing that matters in CFD Prop Firms was price to buy in. Common sense would have told you that vendor quality is more important.

Who gives a shit if X prop firm is the cheapest, but has the worst customer service and track record for payouts. That was pointed out numerous times yet you’re still too stupid to understand.
Trade with confidence, trade without fear.
  • #33,279
  • Mar 19, 2024 3:15pm Mar 19, 2024 3:15pm
Quoting Cryptosurf
{quote} Because your assumptions have always been wrong. You stated before the only thing that matters in CFD Prop Firms was price to buy in. Common sense would have told you that vendor quality is more important. Who gives a shit if X prop firm is the cheapest, but has the worst customer service and track record for payouts. That was pointed out numerous times yet you’re still too stupid to understand.
shouldn’t we have more respect for a hedge fund trader ?
  • #33,280
  • Mar 19, 2024 3:40pm Mar 19, 2024 3:40pm
What is this futures prop firm? can someone give some hints
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