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Are funding talent prop firms legitimate

  • #21
  • Mar 15, 2021 5:49am Mar 15, 2021 5:49am
They have many model. I just took ftmo like model which is called challenge. Challenge model has 8 % target. I like it but probably I choose wrong broker I choose purple trading, purple trading has big ecn commission. Choose exness it will probably help. Keep me in your prayers. If I pass or fail I will update here. Oh one thing in challenge model no monthly fee and no additional rules. Almost like ftmo, I can trade news too.
MA provides the market's current direction and strength.
  • #22
  • Mar 15, 2021 7:17am Mar 15, 2021 7:17am
Purple trading absolutely worse ECN commissions I have ever seen. Look at this bTC trade commissions.
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MA provides the market's current direction and strength.
  • #23
  • Mar 15, 2021 7:29am Mar 15, 2021 7:29am
Look at this gold chart there is a gap. I don't see any gap in other trading platform. I want to download the history but I couldn't do it. Purple trading is a Bad Broker. I took the Challenge that is good decisions but choosing purple trading as my broker was my bad decisions.

Anyway I can't change it, so I have to pass the challenge with this bad broker.

It seems like I have to gain 12% to pass the challenge because purple trading has large Commission.
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MA provides the market's current direction and strength.
  • #24
  • Mar 18, 2021 12:57am Mar 18, 2021 12:57am
Funding talent, I don't see my account matrix. I have emailed them several times but unfortunately they couldn't make it ok in 3 days.
MA provides the market's current direction and strength.
  • #25
  • Mar 18, 2021 2:14am Mar 18, 2021 2:14am
Quoting hasib
Funding talent, I don't see my account matrix. I have emailed them several times but unfortunately they couldn't make it ok in 3 days.
that does not sound good. Maybe it is a one-man-shop?
  • #26
  • Mar 18, 2021 2:50am Mar 18, 2021 2:50am
Quoting kweiss10
{quote} that does not sound good. Maybe it is a one-man-shop?
Now they are ask for my order number. I gave them my personal area pass word and email they can log in and see my order number. they send me a email invoice I pay through invoice. I send them invoice I don't know any order number because they never send me any order number. I have one order number in personal area but that payment is not paid yet mentions in personal area. Every time I email them they say different things that frustrate me some time they say their boss will solve it. some time they ask for my email some time they say I should log in and I can see my matrix. worse customer service. I can't even live chat their live chat is stop now.
MA provides the market's current direction and strength.
  • #27
  • Mar 18, 2021 12:14pm Mar 18, 2021 12:14pm
Quoting hasib
{quote} Now they are ask for my order number. I gave them my personal area pass word and email they can log in and see my order number. they send me a email invoice I pay through invoice. I send them invoice I don't know any order number because they never send me any order number. I have one order number in personal area but that payment is not paid yet mentions in personal area. Every time I email them they say different things that frustrate me some time they say their boss will solve it. some time they ask for my email some time they say I should...
You will get only the run-around as of March 10 when a court order was issued against them.

GO here to download 3 relevant PDFs.

Quote
Respondents shall cease disseminating to the public, or authorizing the dissemination to the public, any information or material that pertains to the trading of securities or to the trading of derivatives

Quote
each of the individual Respondents is prohibited from becoming or acting as a registrant or promoter;

Quote
this Order shall have effect for a period of fifteen (15) days after the date of this Order unless otherwise ordered by the Commission.
To free Gazans of Hamas, use whatever it takes.
  • #28
  • Mar 18, 2021 12:15pm Mar 18, 2021 12:15pm
Quoting hasib
It seems like funding talent offering is so far the best. But their website is not updated. They don't provide company registration number in their website. If we pay them for their offering are they going to scam us. Post your opinion why and why not.
If we pay them for their offering are they going to scam us.

The answer is ...
To free Gazans of Hamas, use whatever it takes.
  • #29
  • Mar 18, 2021 2:51pm Mar 18, 2021 2:51pm
Quoting DrDave
{quote} You will get only the run-around as of March 10 when a court order was issued against them. GO here to download 3 relevant PDFs. {quote} {quote} {quote}
Are you saying I am scam by them. My money is gone. Let's see how it goes.
MA provides the market's current direction and strength.
  • #30
  • Mar 18, 2021 3:14pm Mar 18, 2021 3:14pm
Quoting hasib
{quote} Are you saying I am scam by them. My money is gone. Let's see how it goes.
I am saying to HOPE for the best but to PLAN for the worst.
To free Gazans of Hamas, use whatever it takes.
  • #31
  • Mar 19, 2021 2:51am Mar 19, 2021 2:51am
Now they are sending me this email.
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MA provides the market's current direction and strength.
  • #32
  • Mar 20, 2021 1:21am Mar 20, 2021 1:21am
I should have done more analysis on prop firm before starting with any prop firm. I should not start with new firm before they have a reputations. New company give new offer those could be attractive. but they have many problem, I have paid funding talent but their still saying they don't receive payment, They have already confirm that they have receive my payment, Now they are saying different things. I have give review in Trustpilot, they have force me to remove my review with several email they are threatening me, that they will inactive my trading account. It seems like whenever I am in profit they arise a issue. whenever I am in little dd they don't' replay to my email.
MA provides the market's current direction and strength.
  • #33
  • Mar 20, 2021 2:29am Mar 20, 2021 2:29am
Mate,

Why did you go with a "no name brand"; most people choose FTMO and such like?

Regards.
  • #34
  • Mar 20, 2021 2:33am Mar 20, 2021 2:33am
Quoting Phil1234
Mate, Why did you go with a "no name brand"; most people choose FTMO and such like? Regards.
I am asking myself the same questions Now. I thought I could save some money with their low cost 25k challenge. I thought they have 8% profit target. FTMO has 10% profit target that is why I go with them.
Mistake, I make mistake
MA provides the market's current direction and strength.
  • #35
  • Mar 20, 2021 4:18am Mar 20, 2021 4:18am
Instead of being deceived, I'd rather lose money trading with my real money and receive valuable lessons learned.
  • #36
  • Mar 20, 2021 8:00pm Mar 20, 2021 8:00pm
Hi hasib,

I'm dallying with "The Prop Trading"; they seem better than FTMO....
Check them out, maybe cut your losses and jump ship?

Regards.
  • #37
  • Mar 21, 2021 2:09pm Mar 21, 2021 2:09pm
Quoting Phil1234
Hi hasib, I'm dallying with "The Prop Trading"; they seem better than FTMO.... Check them out, maybe cut your losses and jump ship? Regards.
Yes I have to do little research about the prop trading too. they seems interesting. They are very new.
MA provides the market's current direction and strength.
  • #38
  • Mar 22, 2021 8:18am Mar 22, 2021 8:18am
Good luck with what-ever you decide.

Regards.
  • #39
  • Mar 22, 2021 9:39am Mar 22, 2021 9:39am
Never pay to prove you are a talented trader. FTMO and the like are unethical businesses that don't worry about trading. They only care about participation fees. That's their businees. They take advantage of newbies lack of knowledge.
Always ready to help
  • #40
  • Mar 27, 2021 1:45pm Mar 27, 2021 1:45pm
Quoting hasib
I should have done more analysis on prop firm before starting with any prop firm. I should not start with new firm before they have a reputations. New company give new offer those could be attractive. but they have many problem, I have paid funding talent but their still saying they don't receive payment, They have already confirm that they have receive my payment, Now they are saying different things. I have give review in Trustpilot, they have force me to remove my review with several email they are threatening me, that they will inactive my trading...
so what's the update, did you get a refund?
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