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  • #31,841
  • Feb 26, 2024 7:20am Feb 26, 2024 7:20am
Quoting pipmaster77
{quote} It's from January 9th, why just coming to light now? Wife trading on behalf of husband......how can they detect if in the same house, same account, same IP?
They can't, I like APEX rule. Total 20 accounts per HOUSEHOLD whether you share with spouse, child, grandfather or granny or LLC
  • #31,842
  • Feb 26, 2024 7:28am Feb 26, 2024 7:28am
Quoting TrAndy1
This last week we have tracked over $200K+ in denied payouts at TFT (these are only the denials we are aware of). These traders, despite inquiries, have not received any evidence or clarification of wrongdoing. {image}
Hengki is active in this forum
  • #31,843
  • Feb 26, 2024 7:40am Feb 26, 2024 7:40am
Quoting TrAndy1
This last week we have tracked over $200K+ in denied payouts at TFT (these are only the denials we are aware of). These traders, despite inquiries, have not received any evidence or clarification of wrongdoing. {image}
It's all coming to an end............TBH, this is one firm I am happy to see crash and burn.
  • #31,844
  • Feb 26, 2024 7:41am Feb 26, 2024 7:41am
Quoting TrAndy1
This last week we have tracked over $200K+ in denied payouts at TFT (these are only the denials we are aware of). These traders, despite inquiries, have not received any evidence or clarification of wrongdoing. {image}
This reinforce my idea of keeping payouts low up to 5K max.

I'm not saying that they don't exist but have people seen a lot of denied 2K, 3K, 4K payouts ? I haven't....

I prefer to receive 3K, 4 or 5 times and go on alive, than having a single 15K denied and account breach. They may look at me lifetime and cut me off, but I hope that this takes time and that I'm more under the radar.
  • #31,845
  • Feb 26, 2024 7:43am Feb 26, 2024 7:43am
Quoting pipmaster77
{quote} It's all coming to an end............TBH, this is one firm I am happy to see crash and burn.
It's intriguing how this guy is so impune. He even act like he has no worries and knows that regulators won't get him. It's impressive
  • #31,846
  • Feb 26, 2024 7:44am Feb 26, 2024 7:44am
Quoting pipmaster77
{quote} It's from January 9th, why just coming to light now? Wife trading on behalf of husband......how can they detect if in the same house, same account, same IP?
The best is that Matt bragged himself of having signed up in a prop in name of his GF. Now he fail an account on same grounds.
Hypocrite.
  • #31,847
  • Feb 26, 2024 7:44am Feb 26, 2024 7:44am
Quoting Capablanca
{quote} This reinforce my idea of keeping payouts low up to 5K max. I'm not saying that they don't exist but have people seen a lot of denied 2K, 3K, 4K payouts ? I haven't.... I prefer to receive 3K, 4 or 5 times and go on alive, than having a single 15K denied and account breach. They may look at me lifetime and cut me off, but I hope that this takes time and that I'm more under the radar.
Yeah thats the plan keep it under the radar
  • #31,848
  • Feb 26, 2024 7:44am Feb 26, 2024 7:44am
I wonder if DXTrades new girlfriends are contributors to the TFT downfall.

I take glee in the death of Angelo Caramellos paper kingdom but not really interested in it being to the benefit of internet scammers.

If you sleep with dogs, you will get flees. DXTrade should learn this lesson fast.
  • #31,849
  • Feb 26, 2024 7:50am Feb 26, 2024 7:50am
The problem is, once it makes go round that there are payout issues, then it is like the start of a self-destroyer as more and more traders will avoid buying new challenges and the card house of a Ponzi falls to bottom. Actually the case with TFT. It will be very hard to get out of this desaster for this prop firm. I think new prop firms are good to go for the first few months, maybe first 6 months, until the first problems will start. As they cannot afford payout denials right at their start cause of reputation. Because then they had such a crappy start as prop firm that they could not make a dime in total. So this is my strategy for diversification here. Will see.
  • #31,850
  • Feb 26, 2024 7:52am Feb 26, 2024 7:52am
Total denials, this year till date, are double than this amount, as per someone, who has inside info. There is a strong buzz that TFT and their tech partner are having some issues around contract [next few years]. It was told to me by two different sources, that there is pressure on Angelo to agree for 20% sharing. Seems He would like to have his own, as he built some inhouse capabilities. I reached out to Angelo for comment. He is yet to respond [not yet seen the message]. Will update.
  • #31,851
  • Feb 26, 2024 8:11am Feb 26, 2024 8:11am
Quoting montygoldy
Alright views on myflashfunding payout process 1. Account is available to trade right away after payout request. 2. Crypto payout takes 48hours and still waiting for mine(just now received the email for kyc which i already did with last funded account but nevermind) OVERALL I FEEL IF THEY STAY IN BUSINESS ALL IS GOOD 6-6% target, cheap challenges easily under 700$ for 200k, fast credentials within few minutes …all good .. ONLY ISSUE IS EXECUTION SLIPPAGE IS THERE.
Hi Monty
I can't remember. You received your payout from myflashfunding. But did they close your account afterwards? Is it OK to buy an account with them??
MetaTrader 4 - so many advantages.
  • #31,852
  • Feb 26, 2024 8:15am Feb 26, 2024 8:15am
Quoting pipmaster77
{quote} It's from January 9th, why just coming to light now? Wife trading on behalf of husband......how can they detect if in the same house, same account, same IP?
Its annoying when people posts snippets here without the full reference.

https://twitter.com/viganmoriina/sta...78269710774673

The account in question is from this guy who contacted the evalprop/TraerNok chap.

He's also a supposed pro trader of 7 years and an aspiring social media darling.

Make your own conclusion where the truth lies with this one.
Trade with confidence, trade without fear.
  • #31,853
  • Feb 26, 2024 8:19am Feb 26, 2024 8:19am
Quoting RiskFighter
{quote} Hi Monty I can't remember. You received your payout from myflashfunding. But did they close your account afterwards? Is it OK to buy an account with them??
they closed my account after the payout... SO anyone makes 20k or more gone. The thing is they canceled my account by saying I am risking too much(without warning or anything coz my strategy was same from the beginning) but instead i risked 1% per trade i.e 20pips on currencies/60points on indices. Biggest loss was 1.3%.
Extreme gut feeling trader
  • #31,854
  • Feb 26, 2024 8:20am Feb 26, 2024 8:20am
Quoting TrAndy1
The problem is, once it makes go round that there are payout issues, then it is like the start of a self-destroyer as more and more traders will avoid buying new challenges and the card house of a Ponzi falls to bottom. Actually the case with TFT. It will be very hard to get out of this desaster for this prop firm. I think new prop firms are good to go for the first few months, maybe first 6 months, until the first problems will start. As they cannot afford payout denials right at their start cause of reputation. Because then they had such a crappy...
Yes but they have to grow fast and/or not scams in the origin (which may be difficult to know). Dei funding is pretty new and is already going downhill
  • #31,855
  • Feb 26, 2024 8:28am Feb 26, 2024 8:28am
Testing this MT5 to cTrader copier which cost only $12 per month for unlimited accounts. So far it seems to be working well and the setup is quite easy:

https://heroncopier.com/
  • #31,856
  • Feb 26, 2024 8:33am Feb 26, 2024 8:33am
Quoting Cryptosurf
{quote} Its annoying when people posts snippets here without the full reference. https://twitter.com/viganmoriina/sta...78269710774673 The account in question is from this guy who contacted the evalprop/TraerNok chap. He's also a supposed pro trader of 7 years and an aspiring social media darling. Make your own conclusion where the truth lies with this one.
I didn't noticed that there was a quote opened to everyone. Most of the stuff I read is from NOK which has account private.
The thing of Matt using girlfriends to signup is here but only visible to whoever is approved by NOK
https://twitter.com/Riskonofftrader/...84900264677578
  • #31,857
  • Feb 26, 2024 8:33am Feb 26, 2024 8:33am
Quoting TraderTero
Testing this MT5 to cTrader copier which cost only $12 per month for unlimited accounts. So far it seems to be working well and the setup is quite easy: https://heroncopier.com/
TradersConnect
A snails pace wins the race :-)
  • #31,858
  • Feb 26, 2024 8:37am Feb 26, 2024 8:37am
Quoting JustPipMe
{quote} TradersConnect
Not working yet and more money.
  • #31,859
  • Feb 26, 2024 8:45am Feb 26, 2024 8:45am
Quoting Capablanca
{quote} I didn't noticed that there was a quote opened to everyone. Most of the stuff I read is from NOK which has account private. The thing of Matt using girlfriends to signup is here but only visible to whoever is approved by NOK https://twitter.com/Riskonofftrader/...84900264677578
Im aware, but im talking about the serial copy and paste people posting here, leaving out the source of information.
Trade with confidence, trade without fear.
  • #31,860
  • Feb 26, 2024 8:47am Feb 26, 2024 8:47am
Quoting montygoldy
{quote} they closed my account after the payout... SO anyone makes 20k or more gone. The thing is they canceled my account by saying I am risking too much(without warning or anything coz my strategy was same from the beginning) but instead i risked 1% per trade i.e 20pips on currencies/60points on indices. Biggest loss was 1.3%.
Thanks a lot. They are now on my black list.
MetaTrader 4 - so many advantages.
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