As far as I know it's a funded account. Looks like the client has been too profitable.

From one of the channels:

That's what they voted for. You will soon have the same in Germany.

Have you ever tried to reverse trade two accounts in order so see how easy money that would be?

Maybe you can get for example a UK or Latvian company for trading and then take funds out as dividends or salary.

You should make a complaint to EU court to have the law changed as it is obviously against all principles of profit calculations.

Good article. I would like to see this also: "From my point of view, I would like to see brokerages taking action, brokerages, already existing CFDs brokers offering an extra service like they provide copy trading, MAMs, and PAMMs. Why not prop ...

Stay away.

They used to able to add 30% more new clients every month and probably lost 30% in September so that obviously makes it difficult for them.

It's definitively a grey area but being a independent contractor is not the key issue here as this is just made because prop firms want to make sure that they will have no tax liabilities. In Finland the regulators and tax authorities work ...

The prevalent VAT rate in Germany stands at 19%. A lower VAT rate of 7% is applicable to certain goods and services. Meanwhile, some services, like banking, health, and social work, are exempt from VAT.

In Finland there is no sales tax on financial services and the income generated is in reality revenue share so I would just declare them as trading profits (capital gains).

Financial services are usually exempt from sales tax. The income is based on trading capital and profits generated so I would definitively try to claim it as capital gain. The keyword word here is "revenue share".

You don't need to pay sales tax unless you are being charged for sales tax. You should also be able to claim the income as capital gain.

You can get one for a fixed monthly fee without having to pay any revshare and have your own developed in less than six months. There are plenty of skilled system developers around for MQ api.

Like I said before you don't need any of those prop firm white labels in order to run a prop. Never understood why someone would give away 30-40% share for the services they provide.

You need to prove the fraud first.

The same slippage, delays and increased margins in order to simulate real live conditions can also be configured on MT4 server level without the need of any other technology provider so for the industry complaints against one technology provider is ...

There are several technology providers to choose from in case one gets in trouble. In any case a technology provider should be pretty much immune against a complaint as the end user (prop firm) is the one who decides what kind of settings they wish ...

A more likely approach would be for MQ to require every prop firm to have their own MT5 server in order to be able to collect more money from the prop industry.