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  • #2,261
  • Jul 11, 2021 10:45pm Jul 11, 2021 10:45pm
i read somewhere above about success rate on prop firms.

95% fail the first challenge on one of the big threee. i read that on the site of one of them, cant remember witch one. i believe it was the 5ers, not sure.
offering my system to copy trade. check my link
  • #2,262
  • Jul 11, 2021 11:13pm Jul 11, 2021 11:13pm
Quoting pipmaster77
{quote} Forgot to add, for $30 LESS with the same company, you get a 200K account with 12% ($24,000 DD)!!!!!!! So $979 for $1,000 in DD or $949 for $24K in DD. The $1,000 DD account has a 50% split and the $24K DD account has 75%/80%/85% 3rd month + When you see it in black and white like that, it just makes no sense to me why everyone isn't doing eval. I mean, seriously, for faster payout, if you need the money that quickly, should you really even be trading?
Some traders want the quicker payout, presumably to reduce their outlay.

In my case I'm ok waiting a month or two.

Each to their own.

Masterrmind ........
Master your Mind then Master your Trades
  • #2,263
  • Jul 12, 2021 12:15am Jul 12, 2021 12:15am
Quoting Masterrmind
{quote} Some traders want the quicker payout, presumably to reduce their outlay. In my case I'm ok waiting a month or two. Each to their own. Masterrmind ........
Instant Gratification vs Delayed Gratification
Potentially Quicker pay vs Potentially Bigger Pay
  • #2,264
  • Jul 12, 2021 12:34am Jul 12, 2021 12:34am
I don't understand why you guys waste your time with a company that is not regulated or registered anywhere and no real persons behind it. and even no contact number .
how can you trust a company like that?
  • #2,265
  • Jul 12, 2021 12:59am Jul 12, 2021 12:59am
Quoting Feelas
I don't understand why you guys waste your time with a company that is not regulated or registered anywhere and no real persons behind it. and even no contact number . how can you trust a company like that?
First off, which firm do you speak of that is unregistered or without "real persons" or contact numbers behind it?

Lol sometimes i wonder if you guys even do your homework before coming to these weird conclusions.

If you call people being able to make $2000 and much higher from an investment of $600 "wasting time" then i don't know what to say.

The trust doesn't need to be 100% in this business, whether it be a broker or pseudo prop firm. If they have a good record of honoured withdrawal requests, that's more than enough. If it's not enough for you then you're probably in the wrong field patna.
  • #2,266
  • Jul 12, 2021 1:28am Jul 12, 2021 1:28am
Quoting Koop
{quote} First off, which firm do you speak of that is unregistered or without "real persons" or contact numbers behind it? Lol sometimes i wonder if you guys even do your homework before coming to these weird conclusions. If you call people being able to make $2000 and much higher from an investment of $600 "wasting time" then i don't know what to say. The trust doesn't need to be 100% in this business, whether it be a broker or pseudo prop firm. If they have a good record of honoured withdrawal requests, that's more than enough. If it's not enough...
I am talking about MFF.
i can't find any details on their website. if you do, please send a link.
after all business is all about trust. so if you have or know a good record of withdrawal requests, share us.
  • #2,267
  • Jul 12, 2021 1:39am Jul 12, 2021 1:39am
Quoting Koop
{quote} First off, which firm do you speak of that is unregistered or without "real persons" or contact numbers behind it? Lol sometimes i wonder if you guys even do your homework before coming to these weird conclusions. If you call people being able to make $2000 and much higher from an investment of $600 "wasting time" then i don't know what to say. The trust doesn't need to be 100% in this business, whether it be a broker or pseudo prop firm. If they have a good record of honoured withdrawal requests, that's more than enough. If it's not enough...
If only they could understand it as simply risk capital that a given trader is prepared to forego should the worst happen and a little time spent playing for bigger coin.

If a trader doesn't consider a $1000 as risk capital and they are planning to take on an MFF 200k challenge then they definitely should not even be considering this option.

Consider the risk after all due diligence has run it's course.

None of us should be expecting a 100% squeaky clean Prop Firm operation, rather we pick what we believe to be the best from a bad bunch and they are certainly not all bad either.

Masterrmind ........
Master your Mind then Master your Trades
  • #2,268
  • Jul 12, 2021 4:20am Jul 12, 2021 4:20am
Quoting Feelas
{quote} I am talking about MFF. i can't find any details on their website. if you do, please send a link. after all business is all about trust. so if you have or know a good record of withdrawal requests, share us.
Well...you made a good point

Of course, it doesn't mean they are not worth of trust but a solid contact with address and so on would not hurt

Anyway, like you suggested, a good record of withdrawal would not hurt either
  • #2,269
  • Jul 12, 2021 4:21am Jul 12, 2021 4:21am
Quoting CFDs.Trader
{quote} Sure. "losing is a part of trading"
Most if not all traders have lost $1000 trading FX at one point or another in their trading.

So why not have a go at a Prop Firm challenge ?

Masterrmind .........
Master your Mind then Master your Trades
  • #2,270
  • Jul 12, 2021 4:47am Jul 12, 2021 4:47am
Quoting Metcalfe
{quote} Well...you made a good point Of course, it doesn't mean they are not worth of trust but a solid contact with address and so on would not hurt Anyway, like you suggested, a good record of withdrawal would not hurt either
contact details - https://www.forexfactory.com/thread/...1#post13621251

there is another thread relate to MFF where their customer support team is active in answering any questions - https://www.forexfactory.com/thread/...s-discussionqa
Trading is SIMPLE not EASY.
  • #2,271
  • Jul 12, 2021 5:05am Jul 12, 2021 5:05am
Quoting garfield75
{quote} contact details - https://www.forexfactory.com/thread/...1#post13621251 there is another thread relate to MFF where their customer support team is active in answering any questions - https://www.forexfactory.com/thread/...s-discussionqa
Thanks.

Still...Incorporation Date2021-01-13 while they're on the market since july 2020.

Anyway, as long as they pay and traders are satisfied everything is fine.
  • #2,272
  • Jul 12, 2021 6:15am Jul 12, 2021 6:15am
Quoting Cryptosurf
{quote} Well done. Curious what their spreads are like on indicies (NASDAQ+DOW) and Gold.
Attached Image
  • #2,273
  • Jul 12, 2021 6:43am Jul 12, 2021 6:43am
Quoting pipmaster77
{quote} {image}

IS that MFF? I dont see the US30 spread that wide. Its 160 right now.
  • #2,274
  • Jul 12, 2021 6:44am Jul 12, 2021 6:44am
Quoting Koop
{quote} First off, which firm do you speak of that is unregistered or without "real persons" or contact numbers behind it? Lol sometimes i wonder if you guys even do your homework before coming to these weird conclusions. If you call people being able to make $2000 and much higher from an investment of $600 "wasting time" then i don't know what to say. The trust doesn't need to be 100% in this business, whether it be a broker or pseudo prop firm. If they have a good record of honoured withdrawal requests, that's more than enough. If it's not enough...

Personally, I welcome our zombie overlords.
  • #2,275
  • Jul 12, 2021 7:09am Jul 12, 2021 7:09am
Quoting Takisd
{quote} IS that MFF? I dont see the US30 spread that wide. Its 160 right now.
Yes, MFF. Mine is 160 now as well.
  • #2,276
  • Jul 12, 2021 8:16am Jul 12, 2021 8:16am
Quoting pipmaster77
{quote} {image}
Thanks, pretty decent spreads.
Trade with confidence, trade without fear.
  • #2,277
  • Jul 12, 2021 8:43am Jul 12, 2021 8:43am
Any review or personal experience with Queensway Trading Academy? They offer some financial and trading curriculum and at the end, one can become their trader.

Learn To Trade | From Novice To A Pro Trader | Queensway Academy (queensway-academy.com)

Can not find much about them apart of 5 reviews on Trustpilot.
  • #2,278
  • Jul 12, 2021 9:06am Jul 12, 2021 9:06am
Quoting mcquak
Any review or personal experience with Queensway Trading Academy? They offer some financial and trading curriculum and at the end, one can become their trader. Learn To Trade | From Novice To A Pro Trader | Queensway Academy (queensway-academy.com) Can not find much about them apart of 5 reviews on Trustpilot.
I see nothing on their site about becoming a trader and the actual site itself confused me quite a bit. Not really surprised that there aren't many reviews tbh.

Concept is decent though.
  • #2,279
  • Jul 12, 2021 9:24am Jul 12, 2021 9:24am
Quoting mcquak
Any review or personal experience with Queensway Trading Academy? They offer some financial and trading curriculum and at the end, one can become their trader. Learn To Trade | From Novice To A Pro Trader | Queensway Academy (queensway-academy.com) Can not find much about them apart of 5 reviews on Trustpilot.
Pretty messy website. They come off as more of an educational business than funding... i think that's just marketing for now.
Their crunchbase profile only talks about trading education, same with Trustpilot reviews.
They also say the education is free but i see reviews talking about "best investment you could make"........ maybe time investment?
  • #2,280
  • Edited 12:05pm Jul 12, 2021 9:48am | Edited 12:05pm
Quoting Takisd
{quote} I see nothing on their site about becoming a trader and the actual site itself confused me quite a bit. Not really surprised that there aren't many reviews tbh. Concept is decent though.
They are mentioning funding but it's buried deep under a lot of other "talkings" and no details about the conditions.

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Quoting Koop
{quote} Pretty messy website. They come off as more of an educational business than funding... i think that's just marketing for now. Their crunchbase profile only talks about trading education, same with Trustpilot reviews. They also say the education is free but i see reviews talking about "best investment you could make"........ maybe time investment?
Yeah, they have got some XP points you can exchange for something. One can earn XP points by learning but XP can be also bought....

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Let's see how they show up...




I found they use some obscure broker I never heard of before Forex Broker | CFD Trading | 1Market

Even though 1Market offers MT5 platform but so far the Queensway does not seem to be a reasonable choice of "prop/funding" firms. Anybody proves me eventually wrong, please.

Anyway, I'm going through the "course" and going to report what's the offer from them at the end
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