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  • #8,861
  • Jun 29, 2022 10:15am Jun 29, 2022 10:15am
Quoting bluepanido
An addition to my post above, which is a red flag. I spoke to a support person on live chat and asked lots of questions. They were helpful and polite, so I click the 'thumbs up' to rate the chat as good. Then they ask me to give them a positive review on trustpilot for the support received, along with a link to the trustpilot page. HOWEVER, it is the general trustpilot page for MFF. So everybody who enquires and is not even a customer, but has not traded with them, gets asked to leave a positive review, and many have done so, with a comment about...
For MFF I would not bother with Trust Pilot.
They are the second biggest, after FTMO, long time in the market, plenty of payment proofs and huge payouts monthly. I'm no saying they can't go busted but it's one of the top2 most reliable over there.
Customer service uses to be bad in MFF when you have a situation out of normal. But customer service is not great in most of the firms.
  • #8,862
  • Jun 29, 2022 10:17am Jun 29, 2022 10:17am
Quoting bluepanido
An addition to my post above, which is a red flag. I spoke to a support person on live chat and asked lots of questions. They were helpful and polite, so I click the 'thumbs up' to rate the chat as good. Then they ask me to give them a positive review on trustpilot for the support received, along with a link to the trustpilot page. HOWEVER, it is the general trustpilot page for MFF. So everybody who enquires and is not even a customer, but has not traded with them, gets asked to leave a positive review, and many have done so, with a comment about...

Did they say "please give us a positive review?" Or just "review your experience". The two things are very differnet.
  • #8,863
  • Jun 29, 2022 10:19am Jun 29, 2022 10:19am
Quoting pipmaster77
{quote}My goal is 1.5-2 million in funding and earn 2-3, maybe 4% per month. 1% weekly earns you 50% annually (42-43% after split) of your TOTAL FUNDING. This is why I am always commenting on those violating daily DD.....you can trade these accounts with such small risk, you can sleep like a baby with positions open. I set my risk so that if an apocalypse happens, I'll lose about 1.5, maybe 2% in a day..
These are gems right here!

Quoting CableJ
{quote} I'm -1.1% max daily DD (back to back and I'm done), and 28 straight losses to blow account (not happening). I also stop trading until start of next month once I reach >4%... lots of time off to do other things besides staring at charts.
This too..

So it seems like you're both looking for circa 86,000 per 200K per annum; risking 1 to 2K per day..

My preferred framework is short term, somewhere between 15 to 40K monthly per 200K; risk is based on market conditions..
  • #8,864
  • Jun 29, 2022 10:22am Jun 29, 2022 10:22am
Quoting Takisd
Today was a great day, between drinking sea water by accident and having someone threaten me in dms, seems like a regular wednesday.
WTF ?! I always wonder if props (or affiliates) monitor this thread but this is beyond acceptable.
  • #8,865
  • Jun 29, 2022 10:27am Jun 29, 2022 10:27am
Quoting Capablanca
{quote} WTF ?! I always wonder if props (or affiliates) monitor this thread but this is beyond acceptable.
Takisd sounds like a man that can handle himself. I wouldn't worry..
  • #8,866
  • Jun 29, 2022 10:31am Jun 29, 2022 10:31am
Quoting Thoughts
{quote} Takisd sounds like a man that can handle himself. I wouldn't worry..

Whats to handle, some 18 yr old is what the young folks call "Butt hurt".... Enjoy the hemorrhoids, try not to squeeze too hard kid.
  • #8,867
  • Jun 29, 2022 10:34am Jun 29, 2022 10:34am
Quoting bluepanido
An addition to my post above, which is a red flag. I spoke to a support person on live chat and asked lots of questions. They were helpful and polite, so I click the 'thumbs up' to rate the chat as good. Then they ask me to give them a positive review on trustpilot for the support received, along with a link to the trustpilot page. HOWEVER, it is the general trustpilot page for MFF. So everybody who enquires and is not even a customer, but has not traded with them, gets asked to leave a positive review, and many have done so, with a comment about...
You're reading too much into this. Over analyzing. They pay. Period. Take the eval, pass, get funded and collect for as long as they stay around, which hopefully is a very long time. You are taking the 20K eval, it's $139.
  • #8,868
  • Jun 29, 2022 10:43am Jun 29, 2022 10:43am
Quoting Takisd
Today was a great day, between drinking sea water by accident and having someone threaten me in dms, seems like a regular wednesday. If you can't stand the heat, stay out of the kitchen. Traffic states isn't a huge indicator of sales, its easy to bot traffic. I'd say in terms of top 2 its accurate, the rest seems to be missing a few surprise companies. For Navk, I will do a TFF account next week. Navk, are there any hidden rules I should be aware of?
Fantastic feed I like from TFF.

They say they use feed from IC Markets. That is why you should trade from quotes gbpusd.tff

No hidden rules, starlight forward.

Easy to pass, 8 % and 4 %.

Best of luck.
Intraday only.
  • #8,869
  • Jun 29, 2022 10:57am Jun 29, 2022 10:57am
Quoting navk
{quote} Fantastic feed I like from TFF. They say they use feed from IC Markets. That is why you should trade from quotes gbpusd.tff No hidden rules, starlight forward. Easy to pass, 8 % and 4 %. Best of luck.

I don't trade gbpusd. But I will give it a gamble, I see a lot of reviews about their commission n stuff being high. Lets see, I'll give it a whirl from next week.
  • #8,870
  • Jun 29, 2022 11:03am Jun 29, 2022 11:03am
Quoting Takisd
{quote} I don't trade gbpusd. But I will give it a gamble, I see a lot of reviews about their commission n stuff being high. Lets see, I'll give it a whirl from next week.
7 Dollars commission.

Spreads are tight.
Intraday only.
  • #8,871
  • Edited 8:49pm Jun 29, 2022 11:05am | Edited 8:49pm
Quoting CableJ
{quote} I'm -1.1% max daily DD (back to back and I'm done), and 28 straight losses to blow account (not happening). I also stop trading until start of next month once I reach >4%... lots of time off to do other things besides staring at charts.
Sure fire way to NEVER violate any rules. No wonder you are never in here complaining about being cheated or scammed.
  • #8,872
  • Jun 29, 2022 11:08am Jun 29, 2022 11:08am
Quoting navk
{quote} 7 Dollars commission. Spreads are tight.

Yikes. if the spread is 0 thats 0.7 spread per lot.
  • #8,873
  • Jun 29, 2022 11:18am Jun 29, 2022 11:18am
Quoting bluepanido
An addition to my post above, which is a red flag. I spoke to a support person on live chat and asked lots of questions. They were helpful and polite, so I click the 'thumbs up' to rate the chat as good. Then they ask me to give them a positive review on trustpilot for the support received, along with a link to the trustpilot page. HOWEVER, it is the general trustpilot page for MFF. So everybody who enquires and is not even a customer, but has not traded with them, gets asked to leave a positive review, and many have done so, with a comment about...
We have a few people here, including myself, who have been trading with MFF for a while now. Their customer support staff may not be the brightest bunch but the firm is legit. Just stick to the rules and enjoy your payouts.
  • #8,874
  • Jun 29, 2022 1:23pm Jun 29, 2022 1:23pm
Quoting Takisd
{quote} I don't trade gbpusd. But I will give it a gamble, I see a lot of reviews about their commission n stuff being high. Lets see, I'll give it a whirl from next week.
The hidden stuff in TFF are not rules. It's the process of payout which is incredibly outdated for a new company.

Quote
All trades must be closed the previous day to process the profit split. The cut-off time, in this case, would be latest on the 15th of the month at 23:59:59 CE(S)T. On the 16th of the month, no trading is required or approved.
Meanwhile, our clients simply send their profit split request with the funded account number and payout method mentioned to [email protected] 1-2 business days before their payout date.

We need to pre alert them by email that we want a payout. Then on the payout day (D) we can't have open trades.
With luck we get payout on D+1 and credential at the end of D+1 but more likely on D+2 in the morning (europe).
They have bi weekly payout but we lose about 2/3 trading days in each payout.

Payouts are through Deel or bank transfer. No crypto (although we can send from Deel to Coinbase paying like 30 dollars or so)
  • #8,875
  • Jun 29, 2022 2:37pm Jun 29, 2022 2:37pm
Quoting Capablanca
{quote} The hidden stuff in TFF are not rules. It's the process of payout which is incredibly outdated for a new company. {quote} We need to pre alert them by email that we want a payout. Then on the payout day (D) we can't have open trades. With luck we get payout on D+1 and credential at the end of D+1 but more likely on D+2 in the morning (europe). They have bi weekly payout but we lose about 2/3 trading days in each payout. Payouts are through Deel or bank transfer. No crypto (although we can send from Deel to Coinbase paying like 30 dollars...

Ok cancel my plans... f... that. I have to pre alert? Naw. I use deel so its fine but naw..
  • #8,876
  • Jun 29, 2022 4:33pm Jun 29, 2022 4:33pm
Quoting bluepanido
How are they able to offer this and have all the risk (apart from $139) themselves? Am I missing something as it seems to good to be true? I can only think that masses of traders fail the first phase for every 1 who passes and this is how they make their money.
-Exactly correct. It is my understanding that they do not even have to push every live trader to market, and can cherry-pick only the best traders; the odds are so heavily in their favor, just like a casino (or a seemingly-legitimate ponzi that is mostly fair to all parties and agreeable by all).

Quoting bluepanido
Then they ask me to give them a positive review on trustpilot for the support received
-As previously pointed out, words matter. Asking for a positive review vs. just asking for a review are very different. If they are specifically asking for a positive review only, then likely their support staff need to be properly retrained.

I will say that if you are going into this looking for the bad things, then you will certainly find it. However, if you go into this looking for the potential of what is being offered, then you can find that too.
  • #8,877
  • Jun 29, 2022 4:39pm Jun 29, 2022 4:39pm
Quoting Takisd
{quote} Ok cancel my plans... f... that. I have to pre alert? Naw. I use deel so its fine but naw..
It's weird that a new player doesn't make an effort of benchmarking the best points of each of the competitors. And, even worse, like in that case, coming to the market with a completely obsolete process of payout.

I think this thread is a complete manual for any one that wants to succeed in the business. And they don't even have to be the cheapest. Just mimic the best of each one. I can't understand how an incumbent want to eat a share from FTMO or MFF (and others) and doesn't even care to do better than the others (or at least the same).
  • #8,878
  • Jun 29, 2022 4:58pm Jun 29, 2022 4:58pm
Quoting Capablanca
{quote} It's weird that a new player doesn't make an effort of benchmarking the best points of each of the competitors. And, even worse, like in that case, coming to the market with a completely obsolete process of payout. I think this thread is a complete manual for any one that wants to succeed in the business. And they don't even have to be the cheapest. Just mimic the best of each one. I can't understand how an incumbent want to eat a share from FTMO or MFF (and others) and doesn't even care to do better than the others (or at least the same)....
TBH I dont think anyone is eating the share of the top two, they are just finding new users via their different themes. The market when I started i think was like 10 million per month total in fees, now I think its like 50 or 60 million per month. I think there has been a spread of the prop firm opportunity to newer markets and people are like taking some stupid course and going "ok now i have traded a demo for a week, lets try get funded". adding +1 to the market.
  • #8,879
  • Jun 29, 2022 5:03pm Jun 29, 2022 5:03pm
Quoting Capablanca
I think this thread is a complete manual for any one that wants to succeed in the business. And they don't even have to be the cheapest. Just mimic the best of each one. I can't understand how an incumbent want to eat a share from FTMO or MFF (and others) and doesn't even care to do better than the others (or at least the same).
-Yes. I think that to be fair, though, TFF, although a copy-cat, did come to market with most of their ducks already in an row, especially compared to MFF at that time. Some of these firms have to improve as they go. So long as they are willing and able to do that, then more power to them and better for everyone, all-around.

I think that, when we talk about scoring these firms based on various criteria, that we must also consider the intangibles, like the ability and willingness to not only improve, but to put the best interests of their traders in mind when doing so.

When I look at firms like Ment, I tend to dismiss them outright simply because they have shown in several ways that they care more about their own interests in lieu of their traders. And while I do understand that this is a business and that they are in this business to make money, I also think that this is a partnership, and that a healthy and balanced quid-pro-quo is a good thing.
  • #8,880
  • Jun 29, 2022 5:12pm Jun 29, 2022 5:12pm
Quoting Takisd
{quote} TBH I dont think anyone is eating the share of the top two, they are just finding new users via their different themes. The market when I started i think was like 10 million per month total in fees, now I think its like 50 or 60 million per month. I think there has been a spread of the prop firm opportunity to newer markets and people are like taking some stupid course and going "ok now i have traded a demo for a week, lets try get funded". adding +1 to the market.
You're probably right.

A note that TFF created a topic here and abandoned it after just a few weeks. I guess they don't feel FF is any relevant for them.
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