DislikedCould the current model survive under... Clear marketing + disclosures on website & contract of exactly when accounts are simulated & switched to live Monthly pass/fail statistics on main site >20M capital requirements like US brokers Electronic reporting to CFTC/NFA like US brokers Tax reporting to IRS Regulated broker feed similar to the futures side w/ Rithmic/Tradovate/Ninja trader OTC FX only or completely switching over to futures Leverage dropped to 50:1 If the largest props (FTMO, MFF, Topstep & Apex) could comply with all the above while...Ignored
Matter of fact, everything you mention is welcome in my eyes (other than the OTC ban).... it would do exactly what I would hope for......eliminate every scammy, undercapitalized firm that has popped up in the past 12-18 months.
We would essentially be back to the two firms I/we constantly told everyone in this thread to max before entertaining any of the others.
This space is the swamp that it is now BECAUSE people gave business to the lying, cheating thieves that comprise 95% of the space now.
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