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  • #6,821
  • Mar 7, 2022 2:01am Mar 7, 2022 2:01am
Quoting Basill
Information to hand from several sources Traders Central Fund. Traders Central Capital. PrimeBridge Mt5. ALL LINKED & all scamming wannabee traders. Dashboards freezing. Account passing evaluations not being recognized. Chats not being answered or being fobbed off with :we will get our team to look into it" followed by silence, silence. Emails being ignored & on odd occasion excuses excuses but NO ACTION. This is the start of the end. Not just for TCF but also with all the "Prop" firms started up with TCC. There is going to be a flood of failures...
I hope MFF doesn't become a scam in the end. Their support is not helpful. One person here already claiming not having paid out. Not licensed and probably no physical address.
  • #6,822
  • Mar 7, 2022 2:43am Mar 7, 2022 2:43am
Quoting RubelByrne
{quote} I hope MFF doesn't become a scam in the end. Their support is not helpful. One person here already claiming not having paid out. Not licensed and probably no physical address.
For clarity I've already had 5 payouts from MFF. I'm not claiming they are a scam. BUT this latest complaint should have been sorted...
  • #6,823
  • Mar 7, 2022 4:11am Mar 7, 2022 4:11am
Quoting Masterrmind
{quote} Many thanks driven18. Yes quite challenging months indeed. I am devising a trading strategy now in preparation for the final 4 trading days. Quite simple actually. Simply increase trade frequency per day. Risk will be ~0.25% (max 0.5%) per entry. Majors only AU, EU, GU and UJ (last day of challenge consider Gold and/or Silver). Minimum 4 setups per day across the 4 pairs based on outcome. Max Risk per day will be ~1%. Reward to Risk Ratio at least 1:1 up to 3:1. Lot size of 5 (except on last day if target still not met and Gold and Silver...
Monday Outcome:

Dropped 1% on the challenge account which is now at 4.4% gain.

No more trading on this challenge account today since 1% is the max loss allowed for the day based on my risk tolerance level.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-03-07-20-13-35-11_40deb401b9ffe8e1df2f1cc5ba480b12.jpg Size: 314 KB


For Tuesday:

Risk will also be set at 1% max for the day.

I may focus on only 1 or 2 pairs which will allow for greater stops.

Masterrmind ...........
Master your Mind then Master your Trades
  • #6,824
  • Mar 7, 2022 11:01am Mar 7, 2022 11:01am
Quoting Basill
Information to hand from several sources Traders Central Fund. Traders Central Capital. PrimeBridge Mt5. ALL LINKED & all scamming wannabee traders. Dashboards freezing. Account passing evaluations not being recognized. Chats not being answered or being fobbed off with :we will get our team to look into it" followed by silence, silence. Emails being ignored & on odd occasion excuses excuses but NO ACTION. This is the start of the end. Not just for TCF but also with all the "Prop" firms started up with TCC. There is going to be a flood of failures...
This may explain what I'm experiencing right now.

On mid February I passed phase 2. Two days after I received an email from Prime Bridge with the link of the trader agreement to sign, which I did that same day (it's through a site called DocuSign).
Last Thursday (about 2 weeks after signing the agreement) I spoke in the chat with their support asking them what's going on. After a lot of back and forth mesage the guy said that he had to report and come back to me. So far no answer.

I remember that I also had a lot of trouble after paying for this challenge until hey provide credentials. I had to chase them several times.

Facing all this I assume this is now close to dead. Better to open a challenge in Paypal for refund and get out of them.

One note: their customer service is egregious. They don't reply to emails and in every time I contacted them in the chat they keep asking the same information and even after giving them details about the email, login name, etc. they don't care in checking. They even ask print screens of the dashboard, like if they can't check anything. It's horrible.

So, my recommendation right now is to be very far away from TCC (Traders Central, just for the case someone searches in the topic).
  • #6,825
  • Mar 7, 2022 11:04am Mar 7, 2022 11:04am
Quoting Fagin
{quote} Well, I've waited, chased and sent yet another complaint in. My payout was due on 25th Feb, no reply from billing and support can't do anything apart from email their own company (what...!!?). This month my account has made 2.3% with no violations and overall it achieved over 10% since it started (again with no violations) and I should be due a refund and live account allocation. Seems the cracks are widening at MFF? I'd post this in their thread but it now seems inactive from them? I'll give it another couple of days and see what hapens...
I believe this is one of those accounts coming from the old system that we spoke about ? That's quite frustrating. I hope this is only incapacity of managing growth and not the early signs of going down. I also have plenty of MFF payout to show but, we know.... I also have several from Funding Talent!
  • #6,826
  • Mar 7, 2022 11:07am Mar 7, 2022 11:07am
Quoting Capablanca
Just a preliminary warning about The Trading Capital. I have a challenge there and I reached the phase 1 profit target, both in amount and trading days (10). They don't have a dashboard so I sent them an email informing that phase 1 was completed. After 2 days I sent a reminder. And after another 2 days I sent another reminder. They took 1 week to reply, apologizing for the delay and saying that I would receive credentials for phase 2 in 24 hours, if I passed (which I did). So far, more than 48 hours after, no answer yet. I'm not saying they are...
Just an update regarding this: They promised credentials for phase 2 in 24 hours but I'm still waiting (since last Wednesday). I sent another two emails and no answer.

Clearly a prop to avoid until we have more reliable info from someone working with them.
  • #6,827
  • Mar 7, 2022 12:29pm Mar 7, 2022 12:29pm
Quoting Capablanca
{quote} I believe this is one of those accounts coming from the old system that we spoke about ? That's quite frustrating. I hope this is only incapacity of managing growth and not the early signs of going down. I also have plenty of MFF payout to show but, we know.... I also have several from Funding Talent!
Yes I believe it is, although they managed to get the withdraw button working on the 6th Feb on the dashboard and then cancelled it… after they insisted on a manual payment withdrawal…

Just counted 9 emails outgoing since the 7th Feb which was when the live account and refund should have been issued. Meanwhile you can see them having stupid pointless arguments with morons on discord, must be a nice place to spend the day..

This is the last email I’m sending to them about payment and challenge refund. The money isn’t even that big enough to chase and worry about, it’s more the principal now and absolutely not worth any more of my time.

They clearly have more than enough “traders” to worry about retaining profitable ones that have traded for 7 months with them… very disappointed.
  • #6,828
  • Mar 7, 2022 10:02pm Mar 7, 2022 10:02pm
Quoting Takisd
{image}Payday on one of my accounts. (bi weekly) My last time I will post an evidence of such a thing because proving your income to internet strangers is stupid. Some guys got massive payments this month I have been seeing but weirdly. I have been reading stuff about FTMO slipping people into violation on trustpilot and facebook. Hasn't happened to me but am concerned.
1
  • #6,829
  • Mar 7, 2022 10:04pm Mar 7, 2022 10:04pm
Quoting Thoughts
{quote}I empathize with the hesitation to hang your linen out in the open..but those are pretty good results Takisd. You do this working US30 alone?
2
  • #6,830
  • Mar 7, 2022 10:05pm Mar 7, 2022 10:05pm
Quoting Takisd
{quote} mostly yes.
3
  • #6,831
  • Mar 7, 2022 10:14pm Mar 7, 2022 10:14pm
Its been quieter the last few weeks, and I've got my theories why...but I thought to point to something I feel is valuable information...just to inspire
  • #6,832
  • Mar 7, 2022 11:55pm Mar 7, 2022 11:55pm
Quoting Masterrmind
{quote} Monday Outcome: Dropped 1% on the challenge account which is now at 4.4% gain. No more trading on this challenge account today since 1% is the max loss allowed for the day based on my risk tolerance level. {image} For Tuesday: Risk will also be set at 1% max for the day. I may focus on only 1 or 2 pairs which will allow for greater stops. Masterrmind ...........
Starting to push hard on EU.

Hold on tight this could get ugly.

Masterrmind ...........
Master your Mind then Master your Trades
  • #6,833
  • Mar 8, 2022 2:15am Mar 8, 2022 2:15am
Quoting Masterrmind
{quote} Starting to push hard on EU. Hold on tight this could get ugly. Masterrmind ...........
DD successfully erased.

Time for a short rest and then into the next set of trades.

Masterrmind...........
Master your Mind then Master your Trades
  • #6,834
  • Mar 9, 2022 8:48am Mar 9, 2022 8:48am
interesting offers

https://stocknetinstitute.com/pages/...-account-table

there is no rules at all DD is kept at 8 percent
Allergic to bullshitters, never argue with fools
  • #6,835
  • Edited 9:50am Mar 9, 2022 9:36am | Edited 9:50am
MFF posted their Feb stats....

MyForexFunds February Statistics Are Here! | My Forex Funds

4% of those who took the evaluation were able to pass both phases

6 of their long term traders (8 or more payouts) lost their accounts in Feb. Back in Dec they stated there were only 5 long term traders @ the time, so a significantly high % got wiped out in Feb.
  • #6,836
  • Mar 9, 2022 9:55am Mar 9, 2022 9:55am
Quoting CableJ
MFF posted their Feb stats.... MyForexFunds February Statistics Are Here! | My Forex Funds 4% of those who took the evaluation were able to pass both phases 6 of their long term traders (8 or more payouts) lost their accounts in Feb. Back in Dec they stated there were only 5 long term traders @ the time, so a significantly high % got wiped out in Feb.
Nice one mate.

Although I think you mean 14% passed both phases?
  • #6,837
  • Mar 9, 2022 10:02am Mar 9, 2022 10:02am
Out of 100 31% passed phase 1, out of those 31 14% passed phase 2 = 4.3 out of 100 passed both phase 1 & 2.
  • #6,838
  • Mar 9, 2022 10:42am Mar 9, 2022 10:42am
Quoting CableJ
Out of 100 31% passed phase 1, out of those 31 14% passed phase 2 = 4.3 out of 100 passed both phase 1 & 2.
ahh sorry mate
  • #6,839
  • Mar 9, 2022 12:18pm Mar 9, 2022 12:18pm
Quoting Muhammedfx
interesting offers https://stocknetinstitute.com/pages/...-account-table there is no rules at all DD is kept at 8 percent
-Thanks for sharing.

Took a look at their 80K program:

Cost: 6,400
Draw-down allowance: 8%

8% of 80K = 6,400

Nobody should fall for this, but some probably will, sadly.

Quoting CableJ
MFF posted their Feb stats...
-Saw this. Wish that they would disclose actual number of sign-ups, as percentage-based statistics are not as meaningful, especially if we want to compare month-to-month data.
  • #6,840
  • Mar 9, 2022 12:23pm Mar 9, 2022 12:23pm
Quoting Nsak3y
{quote}-Thanks for sharing. Took a look at their 80K program: Cost: 6,400 Draw-down allowance: 8% 8% of 80K = 6,400 Nobody should fall for this, but some probably will, sadly. {quote}-Saw this. Wish that they would disclose actual number of sign-ups, as percentage-based statistics are not as meaningful, especially if we want to compare month-to-month data.
Plus fees in EURO so they get 11% extra on the top of drawdown given current exchange rates.
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