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  • #32,861
  • Mar 9, 2024 3:25pm Mar 9, 2024 3:25pm
Quoting Tobiazzek
{quote} This will be interesting when they fall, TFT has A LOT o clients.
Most of them lose minimal amounts of money so it's not that a big deal. Over 90% would have lost their funds in any case due to failing challenges. Those having funded accounts aren't losing any of their own funds.
  • #32,862
  • Mar 9, 2024 3:28pm Mar 9, 2024 3:28pm
Quoting KarlKraus
There was nothing wrong. It was factual. Nsak3y and CableJ are just completely wrong (as ever).
I get very frustrated at the level of ignorance and people insisting they’re right when they actually have no idea what they’re talking about.
-I admit when I am wrong or when I am out of my element. Your statement was incorrect. I corrected it. But it seems that facts do not matter to you. Oh, well... life goes on.

I do not mind if you want to help educate people about futures or even to speak your opinion about regulation in a country that you do not even belong to, but I do have a problem when you constantly put others down and talk about people as if they are stupid, with indirect, condescending and provocative statements. There is no need for it. I have tried to be civil with you and address these issues in a respectful manner, but you just ignore and continue your behavior.
  • #32,863
  • Mar 9, 2024 3:28pm Mar 9, 2024 3:28pm
Quoting CableJ
TFT is one of the biggest funding co so the fallout from their eventual collapse due to bad management + CFTC/Meta pressure on their partners will very likely give the CFTC additional bullets.
-Yes. I suspect that Angelo will have caused much damage in this space, far beyond denied payouts and unjustified account closures etc..
  • #32,864
  • Mar 9, 2024 3:47pm Mar 9, 2024 3:47pm
Quoting TraderTero
{quote} Most of them lose minimal amounts of money so it's not that a big deal. Over 90% would have lost their funds in any case due to failing challenges. Those having funded accounts aren't losing any of their own funds.
That's not what's happening. They have been denying payouts for weeks.
Trade with confidence, trade without fear.
  • #32,865
  • Mar 9, 2024 4:01pm Mar 9, 2024 4:01pm
Quoting Takisd
check their trust pilot. also {image}
Damm it. It's so scandalous that even those paid actors had to suspend them from the listing.

Angelo was right. He revolutionized the industry (bringing the scamming to a different level).

Irony is that he is still operating (god knows how) and MFF is down for 9 months.
  • #32,866
  • Mar 9, 2024 4:31pm Mar 9, 2024 4:31pm
CFCT injustice
Like the shitty kingdom why still operating?
And we just discussing In here
Why wouldn't we make petition take him down !!
  • #32,867
  • Edited 5:26pm Mar 9, 2024 4:57pm | Edited 5:26pm
Quoting HengkiTjen
{quote} So STF part of the shitty kingdom ? I will stay away if so I'm frustrated with them
same emails, same moves to brokers & platforms as TFT... Both SFT & TFT are currently being bombarded with 1 star reviews on trustpilot by unhappy customers.
  • #32,868
  • Mar 9, 2024 5:14pm Mar 9, 2024 5:14pm
Quoting Capablanca
{quote} Irony is that he is still operating (god knows how) and MFF is down for 9 months.
I'm still trying to figure out how Mr. Ponzi scheme @ Church Brent Seaman's SurgeTrader is somehow still in operation since the MFF Aug 31st shutdown.
  • #32,869
  • Mar 9, 2024 9:03pm Mar 9, 2024 9:03pm
Quoting Desbinary
{quote} Hello Traderoracle; I trust you are well. Trader TakisD normally replies to first post such as yours with the comment, "Interesting 1st post" but I think with all the current turbulence he may have not gotten around to this "normal" reply. I noted that your second post also has a favourable slant toward the same HFT Prop. Could you kindly confirm for the record whether you have any sort of affiliate association with the company concerned? I beg your pardon for asking but it is vital to ventilate the matter openly. After all, your profile...
Hi Des,

I'm not too bad thank you, how are you?
No affiliation with that HFT prop firm or any prop firm.
Just keeping a look out for which props are most reliable for payouts presently and sharing my recent experiences.
Will endeavour to post more frequently with anything that may be of use or to raise any queries that I feel the forum may be able to help with.
  • #32,870
  • Mar 9, 2024 9:16pm Mar 9, 2024 9:16pm
Quoting CableJ
{quote} I'm still trying to figure out how Mr. Ponzi scheme @ Church Brent Seaman's SurgeTrader is somehow still in operation since the MFF Aug 31st shutdown.
Because SurgeTrader doesn't have over 100 million dollars in their bank account, but MFF does have. CFTC people think they can transfer at least tens of million to their pocket in the name of ‘violation of rules’. If you plan to rob others, you definitely want to choose the rich ones.
  • #32,871
  • Mar 9, 2024 9:45pm Mar 9, 2024 9:45pm
im sorry, with all that noise..dont know why so many fuzzz about other prop...understand US players (sorry about that), but others fook me, you have still excellent ratio of prop business with ftmo, only fooking reliable at this point. end of point, ok.

correct me, meta story/swiss russians, right? additional to that seems they gonna be offline if holders are connected with rus citizenship.mark eventually.

we are in the downfall
wishfull thinking why not...we would need first steps to esma prop regulation, but yeah, dreamers
  • #32,872
  • Mar 9, 2024 10:30pm Mar 9, 2024 10:30pm
Quoting ladder
{quote} Because SurgeTrader doesn't have over 100 million dollars in their bank account, but MFF does have. CFTC people think they can transfer at least tens of million to their pocket in the name of ‘violation of rules’. If you plan to rob others, you definitely want to choose the rich ones.
And yet Sam Bankman-Fried's blatant fraud with FTX went "unnoticed" by the CFTC even though the sirens were louder than a 5 alarm fire. Follow the money and it leads back to the corrupt scum at the CFTC. Billions of dollars fleeced from his clients.
Pride always comes before destruction.... -Proverbs 16:18
  • #32,873
  • Mar 9, 2024 10:39pm Mar 9, 2024 10:39pm
Quoting CableJ
{quote} I'm still trying to figure out how Mr. Ponzi scheme @ Church Brent Seaman's SurgeTrader is somehow still in operation since the MFF Aug 31st shutdown.
Because his 'alleged" crime fell under the jurisdiction of the SEC and had nothing to do with Surge Trader which is run by his wife.
Pride always comes before destruction.... -Proverbs 16:18
  • #32,874
  • Edited 11:44pm Mar 9, 2024 11:22pm | Edited 11:44pm
Quoting Expo33
{quote} Because his 'alleged" crime fell under the jurisdiction of the SEC and had nothing to do with Surge Trader which is run by his wife.
So the SEC busts the husband running a Ponzi scheme over here and the wife is over there running a prop firm with the same business model that the CFTC is accusing another company of being an illegal scam operation... move right along nothing to see here.
  • #32,875
  • Mar 9, 2024 11:26pm Mar 9, 2024 11:26pm
Quoting tradeoracle
{quote} Hi Des, I'm not too bad thank you, how are you? No affiliation with that HFT prop firm or any prop firm. Just keeping a look out for which props are most reliable for payouts presently and sharing my recent experiences. Will endeavour to post more frequently with anything that may be of use or to raise any queries that I feel the forum may be able to help with.
Hi Traderoracle;

Thanks for your kind reply & I am indeed well, thanks for asking.

I appreciate the time and effort you took to clarify since care is taken to ensure where possible that unbiased views & feedback is presented by Traders as opposed to curve-fitted affiliate traders of any of the retail Props.

Thank you again for your transparency and if you're trading today, May The Markets Go With You.
Des
My success is due to The Great Napoleon Hill. May His Name Live Forever
  • #32,876
  • Mar 10, 2024 12:06am Mar 10, 2024 12:06am
Quoting CableJ
{quote} So the SEC busts the husband running a Ponzi scheme over here and the wife is over there running a prop firm with the same business model that the CFTC is accusing another company of being an illegal scam operation... move right along nothing to see here.
You're comparing apples to oranges. Personally I'm an orange guy. Me likes me Vitamin C.
Pride always comes before destruction.... -Proverbs 16:18
  • #32,877
  • Mar 10, 2024 1:50am Mar 10, 2024 1:50am
Quoting Expo33
{quote} You're comparing apples to oranges. Personally I'm an orange guy. Me likes me Vitamin C.
yes, you are correct, I realize it would require a separate investigation by the CFTC... all the SEC could do is shrug their shoulders lol.

Off topic... I wonder how Surge is still offering metatrader via think markets without a direct license. I thought meta shut down the grey labeling of the platform by brokers to props.
  • #32,878
  • Mar 10, 2024 1:53am Mar 10, 2024 1:53am
Was looking at the 5% website and saw a programme there to trade stocks. Clicked on it and this website came up:
https://tradethepool.com/the-program/

Anyone here tried it before? The profit target seems like 2X the lost limit. Bad ratio for forex/CFD prop firms but I think quite close to what futures prop firms require?

Was thinking of getting a futures prop account but this looks interesting as well. Non-US citizen, so not sure if it's worth my time or just stick to forex/CFD props.
  • #32,879
  • Mar 10, 2024 3:41am Mar 10, 2024 3:41am
Hi everyone!

I know it might have been discussed before but here's my question:

Will eventually all prop firms need to move away from MT4/5?

I read somewhere if the prop firm has an agreement with the broker, they are safe, do you have any info on that?

Thank you!
Trader: Hemen Eghvay
  • #32,880
  • Mar 10, 2024 3:50am Mar 10, 2024 3:50am
Quoting shiwen55
Hi everyone! I know it might have been discussed before but here's my question: Will eventually all prop firms need to move away from MT4/5? I read somewhere if the prop firm has an agreement with the broker, they are safe, do you have any info on that? Thank you!
On the contrary, MetaQuotes does not want its platform to be used by any third party other than licensee. Everyone must be licensed directly from MetaQuotes.
I do not think they will move away.
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