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Anyone trading with a Prop firm 2 replies

prop firm new model - my trading journey 869 replies

So I accepted a Prop Trading job in South Beach Miami 43 replies

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  • Post #4,501
  • Quote
  • Oct 11, 2021 11:41am Oct 11, 2021 11:41am
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 2,666 Posts
Quoting Koop
Disliked
{quote} You guys should pay QAnonAndy no mind. No sane thinking person could have confidently supported and praised FT they way he did at a time when everyone felt a crash was imminent. He's a Funding talent sleeper agent. What did Jessica do back in march after her court issues? She came back online and tried to drag all other prop firm down with her claiming they were all operating a Ponzi scheme. Now that FT has fallen even deeper, it's only logical that she would use QAnon (again) to talk crap about the whole industry like she once did.
Ignored

I wonder if we can make the Nova Scotia authorities make Qanon pay back their affiliate fees they made over the months.
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  • Post #4,502
  • Quote
  • Oct 11, 2021 2:01pm Oct 11, 2021 2:01pm
  •  manuforex
  • Joined Nov 2019 | Status: Member | 71 Posts
Hi,
any traders from U.K. using FTMO or MFF?
i am doing some evaluations at the moment with both firms. I read that it’s better to create a limited company and get paid through this company to pay less tax.
any advice?
thanks and good luck to all!!
 
 
  • Post #4,503
  • Quote
  • Oct 11, 2021 2:34pm Oct 11, 2021 2:34pm
  •  lynnc
  • Joined Aug 2021 | Status: Member | 279 Posts
Quoting manuforex
Disliked
Hi, any traders from U.K. using FTMO or MFF? i am doing some evaluations at the moment with both firms. I read that it’s better to create a limited company and get paid through this company to pay less tax. any advice? thanks and good luck to all!!
Ignored
Firstly, good luck with your challenge. This man has some quite good UK tax videos after passing the challenge and verification. This one is on paying as a limited company, but he also links to one where he talks about being a sole trader, so you can compare the two.
Inserted Video

A word of warning if you haven't watched him before, he talks very very fast
 
 
  • Post #4,504
  • Quote
  • Oct 11, 2021 7:08pm Oct 11, 2021 7:08pm
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 2,666 Posts
Thank gob that MFF are now starting to crack down on the morons in the discord...... Ever since the FT shit that place has been just awful.
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  • Post #4,505
  • Quote
  • Oct 11, 2021 7:12pm Oct 11, 2021 7:12pm
  •  manuforex
  • Joined Nov 2019 | Status: Member | 71 Posts
Quoting lynnc
Disliked
{quote}Firstly, good luck with your challenge. This man has some quite good UK tax videos after passing the challenge and verification. This one is on paying as a limited company, but he also links to one where he talks about being a sole trader, so you can compare the two. https://www.youtube.com/watch?v=x7Hb22cySJE&t=28s A word of warning if you haven't watched him before, he talks very very fast
Ignored
Thanks for the link. I saw him (he is a fast talker for sure) and that's why I was asking if anybody went through the process of starting a limited company.
I'll decide after finishing my phase 2 of the evaluation.
Cheers
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  • Post #4,506
  • Quote
  • Oct 11, 2021 10:26pm Oct 11, 2021 10:26pm
  •  Expo33
  • Joined Aug 2013 | Status: Member | 3,095 Posts
Quoting Rmg
Disliked
Update for mt5 , trading view and automation for MFF {image}
Ignored
Sounds like teen texting chat.

"we got you" and "uh....you know what happened"

Paid for an eval 12 hours ago. No credentials. So, NO, you don't "got" me but you got my fee. Just another empty promise.

UH.....yea, we know what happened. FT went bye-bye and you weren't prepared. If only your promise to go automated back in June was true, you'd be in a better position with more credibility. In the meantime just say we are working on it and we will let you know when it's done.

PS. Could care less when I get my creds, in no hurry. Just tired of your broken promises.
"Pride always comes before destruction...." -Proverbs 16:18
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  • Post #4,507
  • Quote
  • Oct 11, 2021 10:44pm Oct 11, 2021 10:44pm
  •  Nsak3y
  • Joined May 2020 | Status: Classified | 1,193 Posts
Quoting manuforex
Disliked
any advice?
Ignored
-Yes, speak to a tax professional. I am not saying this to sound facetious or dismissive, but matters dealing with business, taxes, law etc. should be verified by a professional. You will be better off in the long-run if your education about these important matters is coming from professionals and not strangers on a public forum that possibly self-educate with conjecture. Most consultations are relatively affordable.
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  • Post #4,508
  • Quote
  • Oct 12, 2021 1:41am Oct 12, 2021 1:41am
  •  Masterrmind
  • Joined Jun 2013 | Status: Master chaos and you master trading | 11,265 Posts
Quoting hasib
Disliked
{quote} Hi Masterrmind what happened to your recent MFF 2 challenge. Did you pass, I don't see your MFF TE that is why asking. Thanks
Ignored
Any updates can be found in Post 1.

Masterrmind ...........
Master your Mind then Master your Trades
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  • Post #4,509
  • Quote
  • Oct 12, 2021 1:55am Oct 12, 2021 1:55am
  •  Masterrmind
  • Joined Jun 2013 | Status: Master chaos and you master trading | 11,265 Posts
Quoting Boulder
Disliked
{quote} another negative and narrow minded person here...not willing to take risk in his or her life... why not use those prop firms? once I pass the evaluations and trade live account, its risk free for me,
Ignored
Without some calculated risk in one's life, mediocrity is the norm.

Clowns .....

Masterrmind .........
Master your Mind then Master your Trades
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  • Post #4,510
  • Quote
  • Oct 12, 2021 1:59am Oct 12, 2021 1:59am
  •  Masterrmind
  • Joined Jun 2013 | Status: Master chaos and you master trading | 11,265 Posts
Quoting Takisd
Disliked
Thank gob that MFF are now starting to crack down on the morons in the discord...... Ever since the FT shit that place has been just awful.
Ignored
Although running a Prop Firm with discord has its advantages it certainly has its disadvantages too.

Absolutely need to crack down on those clowns ... it's insane.

Masterrmind ........
Master your Mind then Master your Trades
1
 
  • Post #4,511
  • Quote
  • Oct 12, 2021 3:24am Oct 12, 2021 3:24am
  •  Boulder
  • Joined Jul 2014 | Status: Member | 25,330 Posts
Quoting Boulder
Disliked
{quote} MFF verified my documents within 24 hours and emailed me as follow Hello, Hope you're having a great day. Congratulations! Your documents have been verified and you will be given access of your live account along with the certificate within 1-2 working days. Happy Trading!
Ignored
Got MFF email about live account within 24 hours.. ..

It is my pleasure to present you with the credentials to your live account.
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  • Post #4,512
  • Quote
  • Oct 12, 2021 3:37am Oct 12, 2021 3:37am
  •  q_import
  • Joined Oct 2010 | Status: retired | 1,588 Posts
Quoting Boulder
Disliked
{quote} Got MFF email about live account within 24 hours.. .. It is my pleasure to present you with the credentials to your live account.
Ignored
You deserve it your an amazing trader I hope to have the skills you have..
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  • Post #4,513
  • Quote
  • Oct 12, 2021 8:39am Oct 12, 2021 8:39am
  •  Mtinifx
  • Joined Feb 2011 | Status: Member | 6,018 Posts
New kids on the block:

https://trueforexfunds.com/

Based in Hungary! They certainly tick all the boxes. Prices are reasonable. Could it be FTMO white lable??

Usual 8%/4% targets - no minimum days - bi-weekly payout - 80/20 payout split - mt4/5 or ctrader - Icmarkets - free trial - EA's allowed - 1/100 leverage

Only problem - no track record!
 
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  • Post #4,514
  • Quote
  • Oct 12, 2021 8:48am Oct 12, 2021 8:48am
  •  Mtinifx
  • Joined Feb 2011 | Status: Member | 6,018 Posts
UPDATE on trueforexfunds

Tried to apply for free trial - pressed the apply button and nothing happens

Oh dear!
 
 
  • Post #4,515
  • Quote
  • Oct 12, 2021 9:31am Oct 12, 2021 9:31am
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 2,666 Posts
Quoting Mtinifx
Disliked
New kids on the block: https://trueforexfunds.com/ Based in Hungary! They certainly tick all the boxes. Prices are reasonable. Could it be FTMO white lable?? Usual 8%/4% targets - no minimum days - bi-weekly payout - 80/20 payout split - mt4/5 or ctrader - Icmarkets - free trial - EA's allowed - 1/100 leverage Only problem - no track record!
Ignored

You don't see something very wrong here... notably the URL and its attempt to piggy back off the success of someone else... Screams of fake mirror scam like the brokers such as lcmarkets.com (with an L instead of an I) which the regulator once warned about.

The website design is pixelated.

Gamble, maybe.... trustworthy nope... No to mention, based in hungary, no disclaimer covering the ESMA requirements... I think we will start seeing this type of crap a lot now.. Like FTMGO and FindingTalent
 
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  • Post #4,516
  • Quote
  • Oct 12, 2021 9:36am Oct 12, 2021 9:36am
  •  Koop
  • Joined Apr 2016 | Status: Conquistadores' | 1,545 Posts
Quoting Takisd
Disliked
{quote} Like FTMGO and FindingTalent
Ignored
Lol Go ahead Takisd, give them great ideas.
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  • Post #4,517
  • Quote
  • Oct 12, 2021 9:38am Oct 12, 2021 9:38am
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 2,666 Posts
Quoting Koop
Disliked
{quote} Lol Go ahead Takisd, give them great ideas.
Ignored

I will make it myself... FTMOH
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  • Post #4,518
  • Quote
  • Oct 12, 2021 10:01am Oct 12, 2021 10:01am
  •  Muhammedfx
  • | Membership Revoked | Joined Apr 2019 | 1,436 Posts
Quoting Mtinifx
Disliked
UPDATE on trueforexfunds Tried to apply for free trial - pressed the apply button and nothing happens Oh dear!
Ignored
I just registered to check works well
Allergic to bullshitters, never argue with fools
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  • Post #4,519
  • Quote
  • Oct 12, 2021 3:42pm Oct 12, 2021 3:42pm
  •  Mtinifx
  • Joined Feb 2011 | Status: Member | 6,018 Posts
Quoting Muhammedfx
Disliked
{quote} I just registered to check works well
Ignored
for a free trial?

Because I contacted the support and got this reply:

We know about this issue. We got a high traffic because of Free Trials,
we disabled them for furhter notice, as we need to support our Challenge
traders first.
Our IT team is already working on automatic creation of free
trials/challenge accounts. If they are ready, we will reactive free
trials.
Please monitor us closely
Kind regards
Veronika Horváth

What a ridiculous excuse!! Oh boy, skeptical about this outfit is an understatement!
 
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  • Post #4,520
  • Quote
  • Oct 12, 2021 3:57pm Oct 12, 2021 3:57pm
  •  Simply-Me
  • Joined Oct 2017 | Status: Member | 597 Posts
Quoting Mtinifx
Disliked
{quote} for a free trial? Because I contacted the support and got this reply: We know about this issue. We got a high traffic because of Free Trials, we disabled them for furhter notice, as we need to support our Challenge traders first. Our IT team is already working on automatic creation of free trials/challenge accounts. If they are ready, we will reactive free trials. Please monitor us closely Kind regards Veronika Horváth What a ridiculous excuse!! Oh boy, skeptical about this outfit is an understatement!
Ignored
Hopefully Veronika is not Jessica's twin evil sister.
Whether you think you can, or you think you can't,you're right. H.F.
 
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