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  • #18,681
  • Aug 18, 2023 11:46am Aug 18, 2023 11:46am
Quoting TraderTero
The IP hunting is kind of ridiculous. This is from one of the Telegram channels: "Hi. I am having a payout request at MFF but today I got an email. My account's Banned. Reason: "your account was observed using IP addresses from one city while your Proof of address states that you reside in a different city." I rent a vps to make sure my IP wont change and their server is located at a data center in another city. my country has 85 cities. It does not make sense to ban me with this reason. i had some success payout before. Not sure why this time is...
This was discussed in MFF thread.
Intraday only.
  • #18,682
  • Aug 18, 2023 11:49am Aug 18, 2023 11:49am
Quoting TraderTero
{quote} I use VPS servers located in France because they are cheaper and closer to trading servers. Is that a good enough reason? According to MFF it is ok to use vps as well as EAs.
Not an issue, but my point is why giving firm opportunity to ban by using VPS... etc.

Just trade manually, at home / phone using same Internet provider or with mobile data.
Intraday only.
  • #18,683
  • Aug 18, 2023 11:49am Aug 18, 2023 11:49am
Quoting navk
{quote} First of all why to use VPS which is located different in different city ?
That's insane. I live in Maine, USA. There is NO reliable internet service or power in the entire state. If you want a reliable data center for a VPS it won't be within 500 miles of me (New York City is the closest). I rent a dedicated server out of Chicago.
  • #18,684
  • Aug 18, 2023 11:51am Aug 18, 2023 11:51am
Quoting KoyaAndy18
Someone stated before that 5ers doesn't allow trading the news. I am not trading the news myself but I can't seem to find on their FAQ that news trading is prohibited. {image}
On the 2 phase challenge (High stake) they say this:
"Holding open trades over news is allowed. Executing orders 2 minutes before until 2 minutes after high-impact news news is not allowed."

Anyway, for what I read here and in telegram, if you have an open position for several hours or days, which SL or TP, by mere coincidence, is hit during those 2 minutes they won't consider a violation. Not sure if that's true or not.
  • #18,685
  • Aug 18, 2023 11:56am Aug 18, 2023 11:56am
Quoting navk
{quote} Not an issue, but my point is why giving firm opportunity to ban by using VPS... etc. Just trade manually, at home / phone using same Internet provider or with mobile data.
If you use mobile network to connect, you will almost always get a different IP address for the session. Therefore VPS or some other connection like fiber optics is much better. Constant forced Windows updates are also an issue if you use your own pc for trading. That's why I always use VPS for trading.
  • #18,686
  • Aug 18, 2023 11:56am Aug 18, 2023 11:56am
Quoting navk
{quote} Not an issue, but my point is why giving firm opportunity to ban by using VPS... etc. Just trade manually, at home / phone using same Internet provider or with mobile data.
With mobile the IP is changing all the time and we may be very far from home as well, like with VPS. Props should be careful causing problems based on IP.
I don't have knowledge in this area but it should be a mix of IP and devices, minimum.
  • #18,687
  • Aug 18, 2023 11:57am Aug 18, 2023 11:57am
Quoting AaronPriest
{quote} That's insane. I live in Maine, USA. There is NO reliable internet service or power in the entire state. If you want a reliable data center for a VPS it won't be within 500 miles of me (New York City is the closest). I rent a dedicated server out of Chicago.
I do not know that.

If that is the case, one needs to clarify to Firm.
Intraday only.
  • #18,688
  • Aug 18, 2023 11:59am Aug 18, 2023 11:59am
Quoting Capablanca
{quote} With mobile the IP is changing all the time and we may be very far from home as well, like with VPS. Props should be careful causing problems based on IP. I don't have knowledge in this area but it should be a mix of IP and devices, minimum.
I agree your point.

But there are guys who copy a trade from others or ask an expert to trade for them.

The firm someway has to catch the culprits.

It should not affect honest, Legal traders though.
Intraday only.
  • #18,689
  • Aug 18, 2023 12:02pm Aug 18, 2023 12:02pm
And a couple or husband and wife living in same home, should not trade with same firm in seperate accounts ?

My question.
Intraday only.
  • #18,690
  • Aug 18, 2023 12:07pm Aug 18, 2023 12:07pm
Quoting navk
And a couple or husband and wife living in same home, should not trade with same firm in separate accounts ? My question.
I think they should have separate accounts because the principle is each one only trades his/her own account. Beside they may have different trading styles, etc.
This applies to couples, brothers, friends living in the same house, etc.

However, we can easily see big problems with the pops if one is long in EURUSD and the other one is short EURUSD.
  • #18,691
  • Aug 18, 2023 12:07pm Aug 18, 2023 12:07pm
before i bought a challenge with mff, i contacted them regarding ip..
i told them i use mobile data provider who changes ip every day, and ask them if this is a problem or would be flagged as multiple ips etc..
they answered that this would not be a problem with them...
i expect them to stay true to their word..
Muni loves you all!
  • #18,692
  • Aug 18, 2023 12:11pm Aug 18, 2023 12:11pm
Quoting navk
{quote} This was discussed in MFF thread.
Hi navk, would you mind posting a link to the MFF thread please. As I can't find it. Thanks.
  • #18,693
  • Aug 18, 2023 12:15pm Aug 18, 2023 12:15pm
Quoting amandajc
{quote} Hi navk, would you mind posting a link to the MFF thread please. As I can't find it. Thanks.
https://www.forexfactory.com/thread/...sionqa?page=33
Intraday only.
  • #18,694
  • Aug 18, 2023 12:18pm Aug 18, 2023 12:18pm
Quoting Capablanca
{quote} I think they should have separate accounts because the principle is each one only trades his/her own account. Beside they may have different trading styles, etc. This applies to couples, brothers, friends living in the same house, etc. However, we can easily see big problems with the pops if one is long in EURUSD and the other one is short EURUSD.
I was chatting with MFF some minutes ago.

He said :

1) Seperate accounts

2) Seperate strategy

3) Seperate currency pair.

Better that couples/ relatives staying at same home to choose different Firm.

IMO.

Do not give an opportunity to Firm to ban or not to stop payouts.
Intraday only.
  • #18,695
  • Aug 18, 2023 12:23pm Aug 18, 2023 12:23pm
Quoting Capablanca
{quote} With mobile the IP is changing all the time and we may be very far from home as well, like with VPS. Props should be careful causing problems based on IP. I don't have knowledge in this area but it should be a mix of IP and devices, minimum.
This is confusing for me too. This is why I don't open any positions when I am travelling. I don't even open MT5 on mobile when I am outside. If I wanna see how the market structure is moving, I'll open the tradingview app.
  • #18,696
  • Aug 18, 2023 12:32pm Aug 18, 2023 12:32pm
Quoting navk
{quote} https://www.forexfactory.com/thread/...sionqa?page=33
Thanks. Am reading all the posts now.
  • #18,697
  • Aug 18, 2023 12:37pm Aug 18, 2023 12:37pm
Yavuz from MFF clarified regarding IP Addresses.

I would like to start with saying that there are a lot of people from Vietnam (your location) who are getting paid fairly because they are trading their own account with their own IDs. The reason why I am saying this is the group I mentioned is blaming their internet provider because of random IPs every time they logout and log back in. However, having multiple IPs isn't a problem for us as long as they don't match with other traders.

Having the same IP address with someone else means that 1 person or 1 device logged into the accounts that belongs to other individuals. As a professional trader, you should be the one trading the account instead of someone else because account management is restricted in our rules clearly.
Intraday only.
  • #18,698
  • Aug 18, 2023 12:58pm Aug 18, 2023 12:58pm
Quoting navk
Yavuz from MFF clarified regarding IP Addresses. I would like to start with saying that there are a lot of people from Vietnam (your location) who are getting paid fairly because they are trading their own account with their own IDs. The reason why I am saying this is the group I mentioned is blaming their internet provider because of random IPs every time they logout and log back in. However, having multiple IPs isn't a problem for us as long as they don't match with other traders. Having the same IP address with someone else means that 1 person...
Problem with that is, is something called carrier grade NAT (national address translation). I'm in the UK and use mobile broadband. Very reliable. However its likely I am behind a shared IP address, shared with hundreds if not thousands of others (in order to save ipv4 address space) and it will change from time to time. Rarely does anyone get a dedicated IP address, for a home connection these days.

Also I might want to access MT4 (or any other trading app). On the move, use my mobile phone connection, once again a different IP.

A good reason for using a VPS. Its on all the time. Some people won't want a PC on at home all the time. Also as its a server. Its IP address never changes, unless you change VPS provider.
  • #18,699
  • Aug 18, 2023 1:16pm Aug 18, 2023 1:16pm
Quoting hostwey
{quote} Problem with that is, is something called carrier grade NAT (national address translation). I'm in the UK and use mobile broadband. Very reliable. However its likely I am behind a shared IP address, shared with hundreds if not thousands of others (in order to save ipv4 address space) and it will change from time to time. Rarely does anyone get a dedicated IP address, for a home connection these days. Also I might want to access MT4 (or any other trading app). On the move, use my mobile phone connection, once again a different IP. A good...
It is not just IP address alone.

Similar trades using same IP address is the problem I guess.
Intraday only.
  • #18,700
  • Aug 18, 2023 1:21pm Aug 18, 2023 1:21pm
I am going slow with this. MFFX

2.5 % more to do.

2 days complete
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Intraday only.
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