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  • #20,921
  • Sep 6, 2023 1:43pm Sep 6, 2023 1:43pm
CTI was based in UK and moved to UAE (at the bottom of their site). Not sure when this this happened. Just noticed now after seeing a message in telegram
  • #20,922
  • Sep 6, 2023 1:46pm Sep 6, 2023 1:46pm
Quoting Capablanca
Anyway, for what I see in Telegram groups, no matter what happens, they are the biggest crooks of all props, a scam and a clear ponzi scheme. I don't see how they can recover from that popular jury verdict. MFF seems a burnt brand now.
If they get out of this mess, pay everyone their profits + refunds or resets on stalled challenges... run a 30-40% discount.... I think they could recover.
  • #20,923
  • Sep 6, 2023 1:49pm Sep 6, 2023 1:49pm
Quoting CableJ
{quote} If they get out of this mess, pay everyone their profits + refunds or resets on stalled challenges... run a 30-40% discount.... I think they could recover.
I had this thought yesterday. What is the "recovery plan" if they get out. You would reset negative phase accounts to starting balance. Keep positive as positive remove inactivity. Pay out profits as is since server frozen, reset all live.

Refunding i dont think is an option after the payment processor mess that this will cause so some creativity. Do interviews, explain context which still appears to be somewhat missing, be transparent and off you go.
  • #20,924
  • Sep 6, 2023 1:50pm Sep 6, 2023 1:50pm
My hunch on this whole MFF thing is that a bunch of losing traders complained so the regulatory bodies were obligated to look into them. Like they were duped into the dream of trading live funds and when they realized that they sucked at trading they needed to blame someone. Like going up in a plane, putting on a parachute that visibly has holes in it, jumping, getting hurt, and then complaining to the pilot that they didn't realize that there was a risk of getting hurt.

It reminds me of an incident that happened in 2020. I got a call from someone in the SEC regarding my participation/experience with offshore broker FXChoice, located in Belize. The agent said I was under no obligation to answer any questions and provided his credentials. I told him I would get back to him later that day. I called the SEC and verified his credentials.

At first, I thought they may have thought I was money laundering because I had deposited 10K with FxChoice and sort of YOLO'ed it up to 30K in a few weeks. I took the money out and bought a nice car with cash. Anyway, I called the agent back because I figured I could refuse to answer any questions as he said but I also wanted to inconspicuously pick his brains regarding FxChoice's operations because I never had a problem with them and wanted to know if it was safe to continue using them in the future.

Short story long it seemed like some traders in the US had complained about withdrawal issues as related to their deposit bonus offerings. I got the impression that a bunch of morons that can't trade or add 2+2 had complained about something they don't understand. You know the same type of idiots you find in prop firm Discords complaining about daily rollover spreads on GBP/NZD.
Pride always comes before destruction.... -Proverbs 16:18
  • #20,925
  • Sep 6, 2023 1:55pm Sep 6, 2023 1:55pm
Quoting youngD
{quote} What code for My funded FX?? I thought it was available till 31.08.23
Yea, that promo ended in August now they only have an 8% off promo.

Being US based, I doubt they will have anything good until the MFF thing plays out
Pride always comes before destruction.... -Proverbs 16:18
  • #20,926
  • Sep 6, 2023 2:25pm Sep 6, 2023 2:25pm
48 hours and still no funded credentials from The Funded Flintstones

Attached Image (click to enlarge)
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Pride always comes before destruction.... -Proverbs 16:18
  • #20,927
  • Sep 6, 2023 2:30pm Sep 6, 2023 2:30pm
Quoting Takisd
{quote} I wonder if someone does like odds for legal cases where i can have a punt.
I'll open a shop - you pay $500, and if you correctly predict 3 legal cases, you'll get a 10-case account with 5-case drawdown per quarter.
  • #20,928
  • Sep 6, 2023 2:48pm Sep 6, 2023 2:48pm
Quoting CableJ
{quote} If they get out of this mess, pay everyone their profits + refunds or resets on stalled challenges... run a 30-40% discount.... I think they could recover.
No, if they offer 40 % discount alone, new guys will rush.

I do not think paying profits and resetting challenges would be problem, I read this somewhere posted by youwas.
Intraday only.
  • #20,929
  • Sep 6, 2023 3:06pm Sep 6, 2023 3:06pm
Quoting Capablanca
Anyway, for what I see in Telegram groups, no matter what happens, they are the biggest crooks of all props, a scam and a clear ponzi scheme. I don't see how they can recover from that popular jury verdict. MFF seems a burnt brand now.
Good to see you say such things. If I said it, I'd get attacked.
  • #20,930
  • Edited 3:21pm Sep 6, 2023 3:08pm | Edited 3:21pm
MFF or any other providers

We just trade in the platform/feed given by providers.

As long as :

1)There is no big slippage

2 ) They pay us profits

Not an issue.

On ther other hand, i Understand from various sources, the regulated brokers are NOT fully STP.

Only huge orders sent to STP for execution.

Small size trades liquidity is offered by brokers. ( Not STP processing )

My understanding is right as far as STP processing is concerned ?
Intraday only.
  • #20,931
  • Sep 6, 2023 3:18pm Sep 6, 2023 3:18pm
Quoting Cryptosurf
{quote} https://x.com/tradernok/status/16995...-SU7lVaHr8IJBg {image}
yes, it is usual to inform court who will be Lawyers to reprent defendents / Applicant in court.

It is called ADVOCACY.
Intraday only.
  • #20,932
  • Sep 6, 2023 3:23pm Sep 6, 2023 3:23pm
Quoting Cryptosurf
{quote} https://x.com/tradernok/status/16995...-SU7lVaHr8IJBg {image}
seems like 3 male lawyers going against 3 female lawyers.
  • #20,933
  • Sep 6, 2023 3:23pm Sep 6, 2023 3:23pm
Quoting navk
{quote} yes, it is usual to inform court who will be Lawyers to reprent defendents / Applicant in court. It is called ADVOCACY.
After 57 years on this earth, I’m fully aware who the players are on the various chessboards of life.
Trade with confidence, trade without fear.
  • #20,934
  • Sep 6, 2023 3:38pm Sep 6, 2023 3:38pm
Quoting OutThere
{quote} seems like 3 male lawyers going against 3 female lawyers.
Don't assume their gender. This is 2023.
  • #20,935
  • Sep 6, 2023 3:38pm Sep 6, 2023 3:38pm
Quoting Cryptosurf
{quote} After 57 years on this earth, I’m fully aware who the players are on the various chessboards of life.
I just posted for those who have not touched chessboard.

Yeah, it is answered against your post.
Intraday only.
  • #20,936
  • Sep 6, 2023 3:40pm Sep 6, 2023 3:40pm
Quoting Capablanca
Anyway, for what I see in Telegram groups, no matter what happens, they are the biggest crooks of all props, a scam and a clear ponzi scheme. I don't see how they can recover from that popular jury verdict. MFF seems a burnt brand now.
-I guess the question is... if given the chance, who here would trade with MFF again? Maybe more data needed?
  • #20,937
  • Sep 6, 2023 3:44pm Sep 6, 2023 3:44pm
Quoting Nsak3y
{quote}-I guess the question is... if given the chance, who here would trade with MFF again? Maybe more data needed?
Yes, without question.
  • #20,938
  • Sep 6, 2023 3:48pm Sep 6, 2023 3:48pm
Quoting Takisd
{quote} Don't assume their gender. This is 2023.
yep, there are more than 2 these days. Still waiting for the proof, but that's what they say, so it MUST be true.
  • #20,939
  • Sep 6, 2023 4:10pm Sep 6, 2023 4:10pm
Who knows about the telegram group or whatever that this twitter guy is saying caused this? I would like the down low
  • #20,940
  • Sep 6, 2023 4:27pm Sep 6, 2023 4:27pm
Quoting Takisd
{quote} Don't assume their gender. This is 2023.
Didn't assume. I know.
There is no rule in 2023 to turn a blind eye to someone's gender.
Who told you? Your BF?
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