Don't be foolish. $1,000,000 instant funding account with 100/1 leverage for $1850. What could go wrong with 100,000,000 buying power...

Prop Firm Hub, not politics hub.

Thanks. Your knowledge tends to be on point. I'd assume Alpha as they apparently had a knock from the FCA before. Or is it only ones who are brokers entering the space?

Whose doors?

Watching American politics is like a freak show. The most aggressive, polarised over-simplified freakshow imaginable.

Indices have a long-edge (since they go up more than down for obvious reasons) FX doesn't have - that's one advantage.

This guy's prop is relentless at advertising / re-marketing. I see he's dropped all the 'don't use retail tools' bla bla. Just one star his prop on TrustPilot: url

It's ok, they'll just fake a load more (then get a free pass once more from the prop community).

'Trading' news gives the the 'traders' i.e. gamblers their biggest dopamine hit. It's as close to roulette as the financial markets get (outside of binary options and all that BS).

Licensing / regulation is the only realistic way to raise the barriers of entry.

For some firms, for sure. I doubt FTMO lack the capital reserves to manage a revenue reductions, and since they were able to off-ramp the US traffic, retain MetaTrader, I imagine it was a smoother transition.

The amount of abusive / toxic traffic has increased massively for firms. If the old way of working doesn't work then they need to change so it does. It's amazing the FX props have lasted so long with such lax rules vs the Futures space.

If the CFTC were so willing and MFF so vulnerable to one complaint, then it was probably a matter of time regardless of who instigated it. Be interesting to see what happens to TFT / Angelo and the crew with all the complaints going in about them.

That sounds pretty stupid speculation to me. A business that makes most of its money from US customers (and all its money from prop) willingly brings scrutiny from one of the most powerful regulators to a company it's inextricably linked with.

MFF were with FPFX too, but they'll no doubt get a pass on that. The break would give her and her husband more time to defraud more Church members.

FTMO had to pull out of the USA and even if they go back they can't use the most popular platform. Not sure they'll be thanking the CFTC for losing their largest country of revenue. I actually think CEO and other senior people running the show think ...

That philosophy worked really well with sub-prime in 2008. No one is saying leverage isn't good, some are saying excessive leverage isn't.

Depends how you're assessing risk. For example: 1) Risk 1% of the account with a 1000 pip stop. 2) Risk 1% of the account with a 10 pip stop. Theoretically the same amount of risk, but in reality the latter requires 10x the leverage and position ...

FTMO want to have their cake and ear it. They give 100/1 leverage, which is obviously far too much for any sensible risk management given the drawdown limits. No one needs $10 million of buying power with $10,000 worth of initial drawdown. Higher ...

You don't have much of an argument if you have to resort to silly comparisons. To play along with the absurdity, sharks 'target' people who swim in their domain. If the sharks start putting ads on the tube to encourage people who otherwise wouldn't ...