DislikedThe Funder Trader are also thinking about opening a physical office in US. From Discord: {quote} I've said several times that I think these guys are the ones that are really pushing forward. Large community, very active, lots of investment in marketing channels, new initiatives, etc. They've been having +1M monthly payouts recently (believing in what they say) and they are very dynamic and aggressive to eat a pie of the market. Let's see where this is heading. We know that Funding Talent was also quite aggressive but I think these guys are doing...Ignored
I trade with them and have since they pretty much started. Here are my observations:
1) They lie a lot in their marketing
2) They don't know much about trading at all
3) They have outsourced pretty much everything they do
4) When they started they opted for scammy brokers for their platform, now they use 8cap under fpfx and pay per user for demo accounts (I scouted out starting my own and the exact same set up was offered to me) they dont have a legit live instance.
5) If they had their own server, they don't have any idea how to manage it.
6) They have reversed a lot of profitable trades on traders citing "we were unable to copy the trade" when they aren't actually copying trades.
So whilst they are paying me despite their bad trading conditions, they are not revolutionizing anything. My impression of them is that they change strategy and copy competitors, the new product is just an attempt to try to take market share from MFF now that MFF appears to be the biggest on the market, their original programs were an attempt to take market share from FTMO, which from the web traffic data, they failed at but they brought new entrants into the market I believe from youtube and mail campaigns. Their ideas don't come off as their own other than the whole chess thing and meeting up to drink and sit on a boat but nothing of substance in regards to professional trading.
Physical presence, meh. I live near the sea, some people might aspire to sit in a room with others but I'd much rather not have to think about others copying my work. I also don't want someone to scream "lesss goooooooooo" when they make a trade. But thats just me.
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