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  • #33,881
  • Edited 8:18pm Apr 1, 2024 8:06pm | Edited 8:18pm
Quoting Cryptosurf
{quote}
Is this(any name) Prop Firm Dead or Alive?

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  • #33,882
  • Apr 1, 2024 11:26pm Apr 1, 2024 11:26pm
So sorry the hear about the prop industry in US.
Seems like in US, when one door shuts, another door shuts and obviously, that pattern continues.

Now, for the rest of the living world,(None US) right now, what props are the best and safest (MT4 using) options to buy?
  • #33,883
  • Apr 2, 2024 12:41am Apr 2, 2024 12:41am
Quoting OutThere
So sorry the hear about the prop industry in US. Seems like in US, when one door shuts, another door shuts and obviously, that pattern continues. Now, for the rest of the living world,(None US) right now, what props are the best and safest (MT4 using) options to buy?
You came here celebrating MFF fall down, saying they were scammers (when they were one of the most honest props out there) and now you make your way back asking for recommendations for props ? You must be joking.
Go for Top Tier. I'm sure Cue Banks will take care of you. If you don't like Cue Banks, DeiFunded is also a good stop for you.
  • #33,884
  • Apr 2, 2024 12:47am Apr 2, 2024 12:47am
Quoting ranilo.vince
{quote} Where did you get the info that IC Markets will be offering challenge accounts already? I've been with them since 2017 and never heard of that info until now.
Right here on FF

https://www.forexfactory.com/news/12...th-soft-launch
It takes a lot for me to IGNORE you, but you can try.
  • #33,885
  • Apr 2, 2024 12:52am Apr 2, 2024 12:52am
Not everything is bad. I received two payout in Rise, one from Blue, another from FXIFY, both with 24 hours processing (and surprisingly without having to cry to FXIFY customer service - they are the most unstable backoffice around, sometimes they do the things right, sometimes we need to beg for the payout).
  • #33,886
  • Apr 2, 2024 1:03am Apr 2, 2024 1:03am
Quoting ranilo.vince
{quote} Where did you get the info that IC Markets will be offering challenge accounts already? I've been with them since 2017 and never heard of that info until now.
https://icfunded.com/
  • #33,887
  • Apr 2, 2024 1:37am Apr 2, 2024 1:37am
Quoting Tim_isoara
{quote} https://icfunded.com/
I think this is not really connected with the real IC Markets -
https://www.icmarkets.com/global/en/

Since the icfunded.com was never mentioned in the first please on IC Markets's homepage or there's no newsletter as well or any announcements made to IC Markets' existing clients.
We're not here to be right, we're here to Profit Consistently!
  • #33,888
  • Apr 2, 2024 1:40am Apr 2, 2024 1:40am
Quoting Erebus
{quote} Right here on FF https://www.forexfactory.com/news/12...th-soft-launch
Sad news if you live in any of the following countries.

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Success = Practice + Patience + Persistence
  • #33,889
  • Apr 2, 2024 1:40am Apr 2, 2024 1:40am
Quoting Erebus
{quote} Right here on FF https://www.forexfactory.com/news/12...th-soft-launch
I think this article is not valid enough unless the announcement comes from IC Markets' homepage / Social Media channels itself.
We're not here to be right, we're here to Profit Consistently!
  • #33,890
  • Apr 2, 2024 1:42am Apr 2, 2024 1:42am
Quoting Capablanca
{quote} You came here celebrating MFF fall down, saying they were scammers (when they were one of the most honest props out there) and now you make your way back asking for recommendations for props ? You must be joking. Go for Top Tier. I'm sure Cue Banks will take care of you. If you don't like Cue Banks, DeiFunded is also a good stop for you.
So what? MFF wasn't cream of the crop. Maybe for you.
But thanks for the suggestions.
Doesn't mean I'm jumping in these. Just curiosity if the demise is going to be global with EU cracking down and other regulators. Just wondering what safe bastions there still are.
  • #33,891
  • Apr 2, 2024 1:46am Apr 2, 2024 1:46am
Quoting Tim_isoara
{quote} https://icfunded.com/
Sorry, I believe you were right. I got a confirmation now from their support. I was just surprised because I never heard of this before.

The rep said they are only "Affiliated" but not exact same companies.
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We're not here to be right, we're here to Profit Consistently!
  • #33,892
  • Apr 2, 2024 1:48am Apr 2, 2024 1:48am
Quoting Erebus
{quote} Right here on FF https://www.forexfactory.com/news/12...th-soft-launch
Sorry Erebus. I was wrong on my previous reply. Please check my response on post 33,892.
We're not here to be right, we're here to Profit Consistently!
  • #33,893
  • Apr 2, 2024 2:22am Apr 2, 2024 2:22am
Quoting OutThere
{quote} So what? MFF wasn't cream of the crop. Maybe for you. But thanks for the suggestions. Doesn't mean I'm jumping in these. Just curiosity if the demise is going to be global with EU cracking down and other regulators. Just wondering what safe bastions there still are.
I was being ironic. Those two props are known artists.

I would never recommend anything to anyone that thinks that MFF was not one of the best props around. Anything that I would recommend, apart from FTMO and 5ers, are much much much inferior to MFF. So either you go with these or just keep watching.
If you want to to risk a bit more in people that seem to be trying to do the right things, then Alpha, E8 and Funded Engineer may be considered (though E8 is US based).

Anyway, these days there is nothing safe.
  • #33,894
  • Apr 2, 2024 2:24am Apr 2, 2024 2:24am
Quoting ranilo.vince
{quote} Sorry, I believe you were right. I got a confirmation now from their support. I was just surprised because I never heard of this before. The rep said they are only "Affiliated" but not exact same companies. {image} {image}
We talked about that yesterday. It's another entity, probably because of regulation.
I guess is something like FXpig which has FXIFY
  • #33,895
  • Apr 2, 2024 2:25am Apr 2, 2024 2:25am
Quoting ranilo.vince
{quote} I think this article is not valid enough unless the announcement comes from IC Markets' homepage / Social Media channels itself.
So, you are calling Forex Factory, Finance Magnates and IC Markets as fake news?

Define "valid" - did you even read the article?

It takes a lot for me to IGNORE you, but you can try.
  • #33,896
  • Apr 2, 2024 2:32am Apr 2, 2024 2:32am
Quoting Erebus
{quote} So, you are calling Forex Factory, Finance Magnates and IC Markets as fake news? Define "valid" - did you even read the article?
I read and understood that article.
But the issue is there's no news from IC Markets itself.

Anyway, I took that back already and apologized that's why I have a new post taking it back since IC Markets support confirmed already.
We're not here to be right, we're here to Profit Consistently!
  • #33,897
  • Apr 2, 2024 2:47am Apr 2, 2024 2:47am
Quoting PropDude1234
MFF were far less scammy than a lot of the current props. Albeit they were taken down before the widespread cheating / abuse hit props hard. I can't see how they can come back - which payment provider would want to work with them after Stipe (who I hate, so it's great they got dragged into it) ended up with millions of chargebacks? I expect Visa and Mastercard have listed them. I'd be surprised if MetaQuotes haven't terminated their licences etc.
no they weren't.

Most cheaters were at MFF and then when they were taken done the cheaters went elsewhere. The problem was they were handling it the rest were not. So when a bunch if kids end up having to handle huge volumes of toxic flow they just burn to the ground without knowing what to do.

All those huge payouts and huge volumes of payouts, the vast majority of them are cheats. Remember at some prop firms the pass rate is 20% and has been for a long while, its obscene to think that for some reason evaluation challenge model traders are better than people with their own deposits. Even the data from MFF where 25% of live accounts got paid each month is way too high considering the hoops people have to jump to to get there.

If you think of MFF as a spiders egg filled with cheats. Then the egg pops and the little cheats scatter everywhere. Thats where we are at now.
  • #33,898
  • Apr 2, 2024 3:14am Apr 2, 2024 3:14am
Quoting Capablanca
{quote} I was being ironic. Those two props are known artists. I would never recommend anything to anyone that thinks that MFF was not one of the best props around. Anything that I would recommend, apart from FTMO and 5ers, are much much much inferior to MFF. So either you go with these or just keep watching. If you want to to risk a bit more in people that seem to be trying to do the right things, then Alpha, E8 and Funded Engineer may be considered (though E8 is US based). Anyway, these days there is nothing safe.
oh. you see how guidable I am but I'm sure I would have noticed while investigating what they are all about. K thanks.
  • #33,899
  • Apr 2, 2024 3:22am Apr 2, 2024 3:22am
Quoting Takisd
If you think of MFF as a spiders egg filled with cheats. Then the egg pops and the little cheats scatter everywhere. Thats where we are at now.
-Gross. The CFTC isn't cool enough to be played by John Goodman in this story.
  • #33,900
  • Apr 2, 2024 4:16am Apr 2, 2024 4:16am
What is egg pops and the little cheats when prop firms openly allow HFT trading?
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