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  • #6,321
  • Jan 10, 2022 1:29pm Jan 10, 2022 1:29pm
Quoting OutThere
{quote} I think everyone should give MFF and FTMO a break, so they can at least improve their customer service and have a bit of time to see how useless and confining their term and conditions are. It's like Netflix and Blockbuster. The time will come.
Have to respectfully disagree here. It is quite the opposite, as transparent as can be. Make 10% (FTMO) or 8% (MFF) in 30 days. Then 5% in 60 days. The news and weekend holding doesn't even apply until your live. There are no rules on payout cap, position size, Max risk per position, stop loss must be on every trade, etc,etc. Hit the target within the time period and you're passed. That's it, pretty simple. I'm really not sure what terms and conditions you are referring to. All the others props sure seem to have them though
  • #6,322
  • Jan 10, 2022 1:36pm Jan 10, 2022 1:36pm
Quoting Capablanca
{quote} And that's correct if it's a new challenge. If it's a challenge coming from a reset there's no free retries. You just have one chance. It happened to me. I pointed those FAQs to them and Caio from The Prop Trading confirmed that resets are not entitled to retries. Those FAQs are very misleading IMO.
Yes the FAQ is misleading or at least not clear enough.
Why would you want to pay a fee and get a reset if all you have to do is ask for 2 retries? Seems redundant to me.
  • #6,323
  • Jan 10, 2022 1:52pm Jan 10, 2022 1:52pm
Quoting pipmaster77
{quote} Have to respectfully disagree here. It is quite the opposite, as transparent as can be. Make 10% (FTMO) or 8% (MFF) in 30 days. Then 5% in 60 days. The news and weekend holding doesn't even apply until your live. There are no rules on payout cap, position size, Max risk per position, stop loss must be on every trade, etc,etc. Hit the target within the time period and you're passed. That's it, pretty simple. I'm really not sure what terms and conditions you are referring to. All the others props sure seem to have them though
I don't really want to.push Blue Guardian cause ppl can cimpare for themselves but Blue is 6% in 30 days and 4% in 60 days. I would say that is better than your 2 fave prop firms.
At Blue news or weekend holding doesn't matter live or demo. That is also better than your 2 faves.
There is no rule on position size, max risk per position or having to put SL on positions. Yes, hit the target in 8 days and you are passed at Blue. Actually, I don't know since I haven't personally taken their challenge yet but on paper, that is the case. I am not sure about cap but at Blue, you have to make 4% before being able to wiyhdray your 85% cut.
Oh yah, you don't have to hand in your EA to the EA pirates at MFF either. Also no phoney customer service line up at Blue which is nice. Also, better challenge fees. I donno, too many better things than your fave 2 to remember.
pip, not the first time you disagree with me, so it is OK.
  • #6,324
  • Jan 10, 2022 2:41pm Jan 10, 2022 2:41pm
Only 4% daily DD and a 4% profit requirement for (first?) withdrawal. Other than that, looks okay on the surface.

All of this talk of better and best is not so important.
  • #6,325
  • Jan 10, 2022 3:03pm Jan 10, 2022 3:03pm
Quoting OutThere
{quote} Yes the FAQ is misleading or at least not clear enough. Why would you want to pay a fee and get a reset if all you have to do is ask for 2 retries? Seems redundant to me.
The reset may happen when you blow up a challenge (max loss, for example).

When you blow up a 100K challenge you have 2 options:
1. Purchase a new challenge at full price of 499 USD (and this has free retries - it's a normal challenge)
2. Purchase a "reset" challenge at a reset price of 399 USD. You start from 100K again but doesn't have free retries. After 30 days, even if you are positive (but target not achieved), you're done. No free retry.

Their FAQs are very misleading not stating that.
  • #6,326
  • Jan 10, 2022 3:14pm Jan 10, 2022 3:14pm
Quoting pipmaster77
{quote} Have to respectfully disagree here. It is quite the opposite, as transparent as can be. Make 10% (FTMO) or 8% (MFF) in 30 days. Then 5% in 60 days. The news and weekend holding doesn't even apply until your live. There are no rules on payout cap, position size, Max risk per position, stop loss must be on every trade, etc,etc. Hit the target within the time period and you're passed. That's it, pretty simple. I'm really not sure what terms and conditions you are referring to. All the others props sure seem to have them though
Props have some general rules that allow them to interpret like they're pleased. I know a lot of people passes FTMO challenges in just 1 or 2 days and than doing 0.01 lots to complete 10 days (I also did that), but if we look into this rule in their T&C they could deny the customers


"5.4.2 Furthermore, Customer shall not exploit the Services by performing trades without applying market standard risk management rules for tradingon financial markets, this includes, among others, the following practices (i) opening substantially larger position sizes compared to Customer’s other trades, whether on this or any other Customer’s account, or (ii) opening substantially smaller or larger number of positions compared to Customer’s other trades, whether on this or any other Customer’s account.The Provider reserves the right to determine, at its own discretion, whethercertain trades, practices, strategies or situations are Forbidden Trading Practices.

5.5.If the Customer engages inany of the Forbidden Trading Practices described in clause5.4, (i) the Provider may consider it asa failure to meet the conditions of the particular FTMO Challengeor Verification, (ii) the Provider may remove thetransactions that violate theprohibition from the Customer’s trading history and/or not count their results in the profits and/or losses achieved by the demotrading, or (iii) to immediately cancel all Services provided to the Customer and subsequently terminate this Agreement"
https://ftmo.com/en/terms-conditions/
  • #6,327
  • Jan 10, 2022 3:28pm Jan 10, 2022 3:28pm
Quoting Capablanca
{quote} The reset may happen when you blow up a challenge (max loss, for example). When you blow up a 100K challenge you have 2 options: 1. Purchase a new challenge at full price of 499 USD (and this has free retries - it's a normal challenge) 2. Purchase a "reset" challenge at a reset price of 399 USD. You start from 100K again but doesn't have free retries. After 30 days, even if you are positive (but target not achieved), you're done. No free retry. Their FAQs are very misleading not stating that.
So you could have had 3 tries for $499 but you got 2 tries for 499+399=898.
If that is so, I don't understand why anyone would want to pay a reset fee when the original purchase comes with 2 free tries.
I think you were expecting to get 5 tries for $898. For $499x2=998, you could have 6 tries.
Well, their rep is here and hasn't said a word regarding this, so I guess they want this confusion to continue.
  • #6,328
  • Jan 10, 2022 3:37pm Jan 10, 2022 3:37pm
Quoting OutThere
{quote} So you could have had 3 tries for $499 but you got 2 tries for 499+399=898. If that is so, I don't understand why anyone would want to pay a reset fee when the original purchase comes with 2 free tries. I think you were expecting to get 5 tries for $898. For $499x2=998, you could have 6 tries. Well, their rep is here and hasn't said a word regarding this, so I guess they want this confusion to continue.
Retires only occur if you don't blow up the account. Reset is purchasing at a discount if you blow up the account. There is no free retry if you blow up the account
  • #6,329
  • Jan 10, 2022 3:39pm Jan 10, 2022 3:39pm
Quoting OutThere
{quote} I don't really want to.push Blue Guardian cause ppl can cimpare for themselves but Blue is 6% in 30 days and 4% in 60 days. I would say that is better than your 2 fave prop firms. At Blue news or weekend holding doesn't matter live or demo. That is also better than your 2 faves. There is no rule on position size, max risk per position or having to put SL on positions. Yes, hit the target in 8 days and you are passed at Blue. Actually, I don't know since I haven't personally taken their challenge yet but on paper, that is the case. I am not...
True on us not agreeing ALL the time. However, I think the most important thing WE DO AGREE on is.......if the fee is equal to or greater than the DD offered.....just trade your personal account
  • #6,330
  • Jan 10, 2022 3:51pm Jan 10, 2022 3:51pm
Quoting pipmaster77
{quote} Retires only occur if you don't blow up the account. Reset is purchasing at a discount if you blow up the account. There is no free retry if you blow up the account
Correct.

However in the FAQs they say:

"Can I have a free retry?
If you have not violated the trading parameters on step 1, and your account equity is not below the initial balance after completing the 30 calendar days, you may be entitled to 2 Evaluation retries after the initial attempt free of charge. If your account meets the criteria, you will receive an email with account retry login details after you complete the 30 calendar days. The retry account will start when you place the first trade and must be 30 days from account being issued.
If your account is not eligible for a retry, you may apply again for another Evaluation Program account."
https://theproptrading.com.au/faq/

Nowhere is said that this FAQ is not valid if the challenge was purchased using a reset discount.
  • #6,331
  • Jan 10, 2022 4:20pm Jan 10, 2022 4:20pm
Quoting pipmaster77
{quote} Retires only occur if you don't blow up the account. Reset is purchasing at a discount if you blow up the account. There is no free retry if you blow up the account
oh, ok. Thanks. They should just copy your explanation and insert it into their FAQ and save a lot of confusion.
  • #6,332
  • Jan 10, 2022 4:22pm Jan 10, 2022 4:22pm
Quoting pipmaster77
{quote} True on us not agreeing ALL the time. However, I think the most important thing WE DO AGREE on is.......if the fee is equal to or greater than the DD offered.....just trade your personal account
Yes. We agree indeed.
  • #6,333
  • Jan 10, 2022 4:23pm Jan 10, 2022 4:23pm
Quoting Capablanca
{quote} Correct. However in the FAQs they say: "Can I have a free retry? If you have not violated the trading parameters on step 1, and your account equity is not below the initial balance after completing the 30 calendar days, you may be entitled to 2 Evaluation retries after the initial attempt free of charge. If your account meets the criteria, you will receive an email with account retry login details after you complete the 30 calendar days. The retry account will start when you place the first trade and must be 30 days from account being issued....
Yes, that should definitely be made clear. I also notice they only give 2 free retries, not unlimited.
  • #6,334
  • Jan 10, 2022 5:55pm Jan 10, 2022 5:55pm
Quoting OutThere
{quote} I am considering Blue Guardian Capital which has better terms than any existing prop firm. No point considering the lesser FTMO or MFF and the like. Anyone else finds an easier set of terms and conditions, let me know pls. Also anyone who has dealt with Blue Guardian, please write about your experience because their main problem is lack of feedback from real users.
Looks good at a glance
Scaling plan NOT good.
Look Left Trade Right
  • #6,335
  • Jan 10, 2022 6:01pm Jan 10, 2022 6:01pm
Quoting OutThere
{quote} I don't really want to.push Blue Guardian cause ppl can cimpare for themselves but Blue is 6% in 30 days and 4% in 60 days. I would say that is better than your 2 fave prop firms. At Blue news or weekend holding doesn't matter live or demo. That is also better than your 2 faves. There is no rule on position size, max risk per position or having to put SL on positions. Yes, hit the target in 8 days and you are passed at Blue. Actually, I don't know since I haven't personally taken their challenge yet but on paper, that is the case. I am not...

I am back for a day or two just to reply to you.

Blueguardiancapital is a failed signals/education company. The owner is a real piece of work.

They don't have a dashboard, they use the awful firm purple trading as their "broker" and by using a broker in such a way they require an FCA license or to ban UK users from accessing their services.

Lets compare why their support has time to be knit picked by you for things that aren't true.

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This is MFF's 90 day site rank. Its one of the worlds largest websites for traffic and has a high retention rate (5 minutes). It also has a 26% bounce rate, for FX anything under 50% is god tier

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this is FTMO's, similar retention rate and equal bounce rate, slightly worse at 28.7% Also god tier.

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This is blue guardian capital. A first class piece of trash with no ranked keywords in SEO, the site is brand new, they don't have any tech behind them, they don't list their owners full name (the above two have both stated their names publicly and in interviews) and here is their bounce rate.. Screenshotted so you know I'm not making shit up.

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You seem to have not researched them at all. In your messages here, although some people may have missed it, you are bringing prop firm elite rubbish into your comments about things that no longer exist (The sending EA's to MFF one for example, they got rid of that months ago but you keep harping on about it first in elite and now here).

No customer service line? Thats because there is no traffic. If you took the traffic of FTMO or MFF and put it on blueguardiancapital, although they would be happy because they would have giant revenue, you can expect similar issues or worse with it.

Of all the firms currently in the prop space, only FTMO, MFF and the5ers show any signs of growth across a 90 day period. The new ones all get a nice kick up to about 100 users per day then they stall and slowly drift down.

If you want to be sure you get paid, pick one of those 3, whether you agree with the model of prop firms or not they have the highest probability of paying you if you can trade.

P.S chemo is a motherfucker that can turn anyone into a bitch.
  • #6,336
  • Jan 10, 2022 6:05pm Jan 10, 2022 6:05pm
Quoting qazaq
Strange situation with mff, support has gone missing, ghosting everyone by any means of communication they get reached, I mean they were always way below subpar, but at this point they behave like an exit scam on the works, unacceptable.
Aaand I quote myself,

Since I have been quite harsh on my previous post about mff; as we were lately informed they stumbled upon a series of mishaps, all at the same time and at the worst time possible. Various issues that were aggravated by the lack of communication from their part, gave rise to even more fury and wild speculation. For labeling them as "exit scam", since this was a public post I feel the need to apologize to them and to any of you, even if done behind a silly username. They definitely need to step up their game in various areas and I hope that that they will.
Since they seem to be up and running I wish to them along with their traders-(me trying to be one of them), that they reach their goals.
  • #6,337
  • Jan 10, 2022 7:48pm Jan 10, 2022 7:48pm
Hello everyone... just want to ask this... it's still safe to join MFF?
I visited their discord server and clients were facing so many problems there such as trade disabled, dashboard problem... and so on... I got headache for a few minutes after reading so many problems faced by traders there.

It seemed old members are having problems... I don't know about the new entrants... can someone shade lights on current MFF status?

Thank you in advance!
  • #6,338
  • Jan 10, 2022 7:57pm Jan 10, 2022 7:57pm
Quoting Takisd
{quote} I am back for a day or two just to reply to you. Blueguardiancapital is a failed signals/education company. The owner is a real piece of work. They don't have a dashboard, they use the awful firm purple trading as their "broker" and by using a broker in such a way they require an FCA license or to ban UK users from accessing their services. Lets compare why their support has time to be knit picked by you for things that aren't true. {image}This is MFF's 90 day site rank. Its one of the worlds largest websites for traffic and has a high retention...
Wow, thanks for taking time to reply to me.

It is not a consideration of mine that UK traders are excluded. When I become a UK trader, I'll put that on my check list.
I have used Purple to demo trade and it is similar to Axi (my own broker), so I didn't notice if they are bad or not.
I haven't relied on checking dashboards or at least haven't become dependent on them to miss their existance.
I haven't researched the names and backgrounds and success and failiures of the owners of any prop sites. When I deal with any financial institution, I am not in the habit of doing that sorta thing. It also doesn't mean to me that if someone failed at signal selling, they will fail at their next endeavor. I think I heard some trash about the owners of MFF tho. You know about that and stilllove them?
As for website traffic thing, when for example I want to go to a restaurant, I don't check their patronage numbers and awards and acolaids etc. I actually prefer a small quaint place with not too much crowds and the come and go. Line ups and crowds and being ignored by the busy servers is not my thing. If being popular was a real measure the Kardashians would be the gurus of life that everyone should follow. You can be amazed by trash if the flies around it impresses you.
5ers is a piece of garbage. I feel sorry for whoever falls into that trap. Feel free to go in head first.
As for MFF not needing to own your EA, I am surprised that someone like you who researches minute details missed what is posted on their site multiple times. Screenshots below.
Finally, if you are on chemo, which is known for taking away precious hair on the patient's head, if I were you, I wouldn't lose so much hair worrying about minor things like my complaining cause surely, you must have more important things of concetn in your life right now.
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  • #6,339
  • Jan 10, 2022 9:53pm Jan 10, 2022 9:53pm
Quoting Takisd
{quote} I am back for a day or two just to reply to you. Blueguardiancapital is a failed signals/education company. The owner is a real piece of work. They don't have a dashboard, they use the awful firm purple trading as their "broker" and by using a broker in such a way they require an FCA license or to ban UK users from accessing their services. Lets compare why their support has time to be knit picked by you for things that aren't true. {image}This is MFF's 90 day site rank. Its one of the worlds largest websites for traffic and has a high retention...
Also Taskid,
If you like digging into founder's backgrounds. PaulMF is good it. Go say hi. https://www.forexfactory.com/thread/...2#post13835702

You know, my point about Blue Guardian is that they have no restrictions and I want all prop firms adapt that model.
I don't see why having multitudes of restrictions bestowed upon a trader can be a good thing and should be defended.
If you like restrictions, impose them upon yourself. I won't be complaining.
They put restrictions on traders for various reasons and some of them are ill conceived by the obvious fact that the prop firm owners/directors are not traders or if they are, they are failed traders. Another reason is to have the upper hand pure for abuse and control when they want. A a good example was given here: https://www.forexfactory.com/thread/...5#post13852475

I can see as you have mentioned numerous times that you are doing well trading for your fave prop firms. Of course you are going to defend whatever they do. If you are making good coins, just continue and let those of us still looking for what suits us alone.
Here is an example of the huge alexa traffic stats that is your measure of how great it is to trade for MFF. Basically a whole lotta nothing. https://www.forexfactory.com/thread/...0#post13845640
  • #6,340
  • Jan 11, 2022 3:37am Jan 11, 2022 3:37am
Quoting OutThere
PaulMF is good it. Go say hi. ... just continue and let those of us still looking for what suits us alone.
-PaulMF was also good at making provocative comments, then playing the innocent victim when people started responding to his nonsense.
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