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Prop Firms reality

  • #1
  • First Post: Nov 27, 2021 4:22pm Nov 27, 2021 4:22pm
Smell the coffee:
Harsh Truth :
1. This is well-known research and truth 93% forex traders losing, this is when they trade their own funds and no DD rule, when it comes to Prop-Firms and 5% to 10% DD rule this goes to 98%. This will be 99% when added rules like consistency and no holding on weekend.
2. Prop-Firms thriving on this, you see everyday many posting they have won challenges and blah blah but you will never hear back from them about withdrawal later on.
3. If you go by reviews and video interviews then one question to you all, do you know those guys in video personally? Do you know those traders posting their withdrawal proofs personally? No...
I know many will have hard time to digest harsh truth but this is what it is. You like it or not.
  • #2
  • Nov 27, 2021 5:56pm Nov 27, 2021 5:56pm
They are a fraud. They are trolling this trading forum with their gambling businesses. We, some trading professionals in this forum, call them fake prop-firms and prop-gambling firms.

I'm in. I will be a vibrant contributor to this thread. Thanks for your contribution.
Always ready to help
  • #3
  • Nov 27, 2021 7:41pm Nov 27, 2021 7:41pm
Quoting PaulMF
They are a fraud. They are trolling this trading forum with their gambling businesses. We, some trading professionals in this forum, call them fake prop-firms and prop-gambling firms. I'm in. I will be a vibrant contributor to this thread. Thanks for your contribution.
100% fraud bro, its a running illegal brokerage without getting broker license and avoiding brokerage formalities.
  • #4
  • Nov 27, 2021 8:41pm Nov 27, 2021 8:41pm
Quoting Tradelevels
{quote} 100% fraud bro, its a running illegal brokerage without getting broker license and avoiding brokerage formalities.
Same thing you’re attempting to do with that scammy site of yours.
Trade with confidence, trade without fear.
  • #5
  • Nov 27, 2021 8:56pm Nov 27, 2021 8:56pm
Quoting Tradelevels
{quote} Scammy site. Where there is openly exposing prop firm frauds? Lol You are one of that poor victim of prop firm fraud j believe so not arguing with you, same like you many have dreams of becoming super rich through prop firm frauds until they wake up from the dream one day.
If your prop firm is legit, then why is there literally nothing about it on your site? No names of any company representatives, company address, etc. Nothing.
Trade with confidence, trade without fear.
  • #6
  • Nov 27, 2021 8:56pm Nov 27, 2021 8:56pm
Quoting Cryptosurf
{quote} If your prop firm is legit, then why is there literally nothing about it on your site? No names of any company representatives, company address, etc. Nothing.
First of all we haven't yet officially launched it, neither started advertising it officially.
  • #7
  • Nov 27, 2021 8:58pm Nov 27, 2021 8:58pm
Quoting Cryptosurf
{quote} If your prop firm is legit, then why is there literally nothing about it on your site? No names of any company representatives, company address, etc. Nothing.
You mean to say name and any address no matter virtual works? We have everything about us in About us section unless you are blind, we are neither a 1 man running company nor prop firm but a group of 175 Individual Investors and running this as a hedge funds.
  • #8
  • Nov 27, 2021 9:00pm Nov 27, 2021 9:00pm
Quoting Cryptosurf
{quote} If your prop firm is legit, then why is there literally nothing about it on your site? No names of any company representatives, company address, etc. Nothing.
If we had written xyz name and address who you don't know personally a pseudo identity that would have worked? Wake up from dreams brother. I can just sympathize with you and your knowledge. The whole world specially scammers runs their web under pseudo identity and fake address and people like you believe them. God bless you.
  • #9
  • Nov 27, 2021 9:07pm Nov 27, 2021 9:07pm
Quoting Tradelevels
{quote} You mean to say name and any address no matter virtual works? We have everything about us in About us section unless you are blind, we are neither a 1 man running company nor prop firm but a group of 175 Individual Investors and running this as a hedge funds.
Your “About Us” section makes claims about what you are. There’s nothing said that backs it up.

Being virtual is not the same as being anonymous. That site says nothing about who the real people are, industry experience, etc. If you are a legitimate operation, then why such effort to stay anonymous?
Trade with confidence, trade without fear.
  • #10
  • Nov 27, 2021 9:13pm Nov 27, 2021 9:13pm
Quoting Cryptosurf
{quote} Your “About Us” section makes claims about what you are. There’s nothing said that backs it up. Being virtual is not the same as being anonymous. That site says nothing about who the real people are, industry experience, etc. If you are a legitimate operation, then why such effort to stay anonymous?
There is nothing like anonymous and what is there its there, and second we are neither claiming to provide big funds not fake DD rule, Our model is very clear we earn from trading spreads and 50% share no matter you win or lose, not forcing you to any ridiculous rules which favors us and make you lose.
  • #11
  • Nov 27, 2021 9:17pm Nov 27, 2021 9:17pm
How do you know a prop firm is a scam? It says shit like this:

Attached Image (click to enlarge)
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No “rules” is claimed, yet if you lose 25%, then you lose the account.

Sounds like a “rule” to me.
Trade with confidence, trade without fear.
  • #12
  • Nov 27, 2021 9:22pm Nov 27, 2021 9:22pm
Quoting Cryptosurf
How do you know a prop firm is a scam? It says shit like this: {image} No “rules” is claimed, yet if you lose 25%, then you lose the account. Sounds like a “rule” to me.
25% if you lose on our given capital, what do you expect? Its not a dd rule like ftmo or other prop scams, their DD rule is 5% on your open balance, thats a scam, are you a kid bro? Who the hell lose 25% that too on our capital not running dd.
  • #13
  • Nov 27, 2021 9:23pm Nov 27, 2021 9:23pm
Quoting Cryptosurf
How do you know a prop firm is a scam? It says shit like this: {image} No “rules” is claimed, yet if you lose 25%, then you lose the account. Sounds like a “rule” to me.
Only an idiot or the one who is not serious can argue here, given principle means of we give you $25K fund, and we says you can't lose $5000 on our given 25k means its 5000 loss, only an idiot lose that much money and that too on our capital not running balance, are you serious?
  • #14
  • Nov 27, 2021 9:26pm Nov 27, 2021 9:26pm
Quoting Cryptosurf
How do you know a prop firm is a scam? It says shit like this: {image} No “rules” is claimed, yet if you lose 25%, then you lose the account. Sounds like a “rule” to me.
You want someone to give you money and they lose all 25K given? This is hilarious, I don't see you ever traded any serious funds in life bro, in ftmo scams 5% DD means open DD, if you have 30K then 5% of that and not 5% of given balance. Understand the difference before getting baseless argument bro.
  • #15
  • Nov 27, 2021 9:27pm Nov 27, 2021 9:27pm
Quoting Tradelevels
{quote} 25% if you lose on our given capital, what do you expect? Its not a dd rule like ftmo or other prop scams, their DD rule is 5% on your open balance, thats a scam, are you a kid bro? Who the hell lose 25% that too on our capital not running dd.
How do I know you’re a scammer? You sound like one. Legitimate representatives from a legitimate firm don’t overuse the term “ bro” when trying to make their point.

You sound absolutely ridiculous.
Trade with confidence, trade without fear.
  • #16
  • Nov 27, 2021 9:30pm Nov 27, 2021 9:30pm
Quoting Cryptosurf
{quote} How do I know you’re a scammer? You sound like one. Legitimate representatives from a legitimate firm don’t overuse the term “ bro” when trying to make their point. You sound absolutely ridiculous.
There is no over use bro, we have simply said we will give 25K funding and if you lose 5000 on our given balance not open running loss, FTMO, MFF all scams have open running loss DD and not DD on initial capital 2 things are damn too different, just get a calculator and start calculating. I can only say bro, once you will lose few challenges and ur invested money on those challenges you will understand the harsh reality after losing out and I bet you you will never comes to me saying I was right even after that happens
  • #17
  • Nov 27, 2021 9:33pm Nov 27, 2021 9:33pm
Quoting Cryptosurf
{quote} How do I know you’re a scammer? You sound like one. Legitimate representatives from a legitimate firm don’t overuse the term “ bro” when trying to make their point. You sound absolutely ridiculous.
Don't believe me or don't open account with us, that's ok, my thread here is about exposing fraud prop model, yes some may like and some who are dreaming of making big from fraud and virtual funding which never existed in reality will understand this later after losing few challenges. I am not here to offend you or insult you, I am just explaining the reality behind fraudulent prop firm model and that it is nothing personal.
  • #18
  • Nov 27, 2021 9:36pm Nov 27, 2021 9:36pm
Quoting Tradelevels
{quote} There is no over use bro, we have simply said we will give 25K funding and if you lose 5000 on our given balance not open running loss, FTMO, MFF all scams have open running loss DD and not DD on initial capital 2 things are damn too different, just get a calculator and start calculating. I can only say bro, once you will lose few challenges and ur invested money on those challenges you will understand the harsh reality after losing out and I bet you you will never comes to me saying I was right even after that happens
So then your prop firms statement about “no rules” isn’t true at all is it?

Everything you’ve said here, contradicts what’s said on your prop firms website.
Trade with confidence, trade without fear.
  • #19
  • Edited 9:55pm Nov 27, 2021 9:41pm | Edited 9:55pm
Quoting Cryptosurf
{quote} So then your prop firms statement about “no rules” isn’t true at all is it? Everything you’ve said here, contradicts what’s said on your prop firms website.
There is no rule like DD but yes you can't lose our capital below 25% and that's not a rule, but our funds we can't waste on immature traders. Open DD is a fraud rule designed that way so you lose it. There is a big difference between these 2 if you are cleaver enough to understand the difference.
  • #20
  • Nov 27, 2021 9:44pm Nov 27, 2021 9:44pm
Quoting Cryptosurf
{quote} So then your prop firms statement about “no rules” isn’t true at all is it? Everything you’ve said here, contradicts what’s said on your prop firms website.
If you are trading your own funds too but if you think you are losing 25% of your deposited capital you should stop trading and select 9 to 5 job instead.
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