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  • #32,881
  • Mar 10, 2024 3:59am Mar 10, 2024 3:59am
This is a bit off the topic but it might be helpful to people using MT4 and MT5 on the same computer. Sometime ago I started to have failed MQL5 community authorizations on my MT4 terminals preventing me to use my MT4 EA's which I had obtained from MQ. It took me a while to figure out what was going on. It turned out that MQ has configured MT5 to write to your computer hosts file certain lines which prevent your MT4 terminals from accessing the MQL5 community.

They are probably doing this on purpose to make people to move from MT4 to MT5. I find it very questionable for a software company to go and change my hosts file without permission. Another question which arises is that what else this Russian owned criminal organization is inserting on your computer.

In order to get your MT4 to connect normally again, you need to remove all the lines from the hosts file with MQL in them.
  • #32,882
  • Mar 10, 2024 4:03am Mar 10, 2024 4:03am
Quoting solarpower
{quote} 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.
Thanks.

I had two accounts and they stopped providing MT4/5 so I signed up to AquaFunded which their support confirmed they will keep providing the MT. Something that I doubt.

Have you heard of them or any info on AquaFunded?

I think most prop firms cannot afford a direct licence from MetaQuotes, that's why they are moving away from it.
Trader: Hemen Eghvay
  • #32,883
  • Mar 10, 2024 4:13am Mar 10, 2024 4:13am
Quoting shiwen55
{quote} Thanks. I had two accounts and they stopped providing MT4/5 so I signed up to AquaFunded which their support confirmed they will keep providing the MT. Something that I doubt. Have you heard of them or any info on AquaFunded? I think most prop firms cannot afford a direct licence from MetaQuotes, that's why they are moving away from it.
Heard, but no experience.
  • #32,884
  • Mar 10, 2024 4:18am Mar 10, 2024 4:18am
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!
US I don't think it'll ever return.

MetaQuotes are too scared of being removed from the App Stores again given how on the radar they are with Apple / Google for being slack and allowing their software to be used in so many scams.

Direct licences may be valid for now, but who knows with MQ? All the shit / toxic traffic will be going to the firms who have MT4/5, so I'd expect further rules / restrictions and payout denial pressure on the firms who still use it.

Or firms will be more like FTMO i.e. broad gambling / abuse rules with wide 'powers' to take action, as well as banning EAs.

Quoting KarlKraus
{quote} Indeed, exactly so. As a few of us here have been saying for months now, out-of-court settlement was always the likeliest outcome. It still is.
I think most of these cases result in settlement (although I could be wrong), so it's always more likely to settle.

At the stage it's at now it looks less likely with MFF rejecting a settlement and moving forward very aggressively.

Quoting Takisd
{quote} lying under oath isn’t a small fry thing. Infront of the judge whilst sworn in.
I don't think much come of any of the CFTC issues.

Probably better for the industry if MFF take this to trial to see if the laws apply / accusations are founded.
  • #32,885
  • Mar 10, 2024 4:34am Mar 10, 2024 4:34am
Quoting shiwen55
{quote} Thanks. I had two accounts and they stopped providing MT4/5 so I signed up to AquaFunded which their support confirmed they will keep providing the MT. Something that I doubt. Have you heard of them or any info on AquaFunded? I think most prop firms cannot afford a direct licence from MetaQuotes, that's why they are moving away from it.
Aqua has the same owner as MYFF and BG. They should be fine for now with using MT. They also just removed all trading commissions.
  • #32,886
  • Mar 10, 2024 5:57am Mar 10, 2024 5:57am
What the good and bad trading for TOPTIER?
  • #32,887
  • Mar 10, 2024 7:06am Mar 10, 2024 7:06am
Quoting PropDude1234
Probably better for the industry if MFF take this to trial to see if the laws apply / accusations are founded.
For sure. If it actually comes to a court hearing, the industry and its generations of future customers will get the clarity they need and deserve, and everyone benefits that way.

It just seems too much to hope for.

Most are settled out of court, as you rightly say.
  • #32,888
  • Mar 10, 2024 7:32am Mar 10, 2024 7:32am
Quoting Puntacana
What the good and bad trading for TOPTIER?
Only prop that refused me a funded account and never provided any explanation. Read here
https://www.forexfactory.com/thread/...0#post14590870

The owner is Cue Banks, a known artist.
  • #32,889
  • Mar 10, 2024 8:43am Mar 10, 2024 8:43am
ACG Discount code for the day 30% off all challenges: MOTHER30
Don't give up on your dreams. Keep sleeping.
  • #32,890
  • Edited 9:31am Mar 10, 2024 8:56am | Edited 9:31am
I would like some input, views & comments from the trader here on whether or not E8 Markets is worth taking a challenge with at this time. I have been for 7 days using the Match Traders platform in a 14-Day trial & finds the platform is ok, but sure MT4 & MT5 were much better. Anyway, I can use the Match Trader without a doubt as I use other charting.

When I looked at Trust Pilot reviews about 5 days ago there was, I think only three recent reviews on E8 Market's & then on Friday there are page after page of reviews. Not sure why I only saw three days before unless Trust Pilot was updating their system. The reviews are 95% positive & that I find hard to believe.

I have privately received one trader's input about E8 Markets & I highly respects his views but want to see what others say.

Any way would appreciate input from those willing to respond. On the verge of forgetting forex & migrating totally to futures.

Thank you to all responders.
_______________________________
  • #32,891
  • Mar 10, 2024 9:09am Mar 10, 2024 9:09am
Kortana offering a 40% discount this month on 25k evaluation. Code: 25K40

If you need HFT bot to pass the evaluation just let me know. I'll give you the link. You don't need to pay some crook big money to pass it for you.
  • #32,892
  • Mar 10, 2024 9:12am Mar 10, 2024 9:12am
https://www.financemagnates.com/fore...ainst-the-cftc

Don't back down MFF expose these fuckers for what they are..
  • #32,893
  • Mar 10, 2024 11:04am Mar 10, 2024 11:04am
Quoting Artcool
ACG Discount code for the day 30% off all challenges: MOTHER30
What's peoples experience with these guys? Trust pilot is good and lots of positive feedback specifically regarding fast payouts. I've used their free demo a few times to test things out but not as of yet bought a challenge.
  • #32,894
  • Mar 10, 2024 11:09am Mar 10, 2024 11:09am
Quoting Desbinary
{quote} 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
Hi Des,

Absolutely, I find it very frustrating when, clearly talented traders, shamelessly push bad prop firms who scam people purely for their affiliate pay outs. I appreciate you politely taking the time to determine my position and gives me more confidence in the forum as a sound place to come for relevant up to date unbiased feedback and info on the industry. I will indeed be trading today and I too hope you are in tune with the markets today.
  • #32,895
  • Mar 10, 2024 11:09am Mar 10, 2024 11:09am
FTUK
I have never seen anybody talking about FTUK here. But i bought their instant funding account at 14.000$. Got the message some 14. days ago, that they had stopped using 8CAP and we had to be patient. I now got the access to my account again and can trade it. I had 2 very nice surprices:

 

  1. They gave me an extra instant funded account of 14.000$!
  2. I can still use my robots on MT4! ( I am an european)

I don't know yet which company they now use in stead of 8CAP.

MetaTrader 4 - so many advantages.
  • #32,896
  • Mar 10, 2024 11:35am Mar 10, 2024 11:35am
Quoting TraderTero
It turned out that MQ has configured MT5 to write to your computer hosts file certain lines which prevent your MT4 terminals from accessing the MQL5 community.
-This might explain some recent issues that I was having. Checked my host file and had many recent MQ entries. Problems seem to be cleared now.

Thanks for sharing.
  • #32,897
  • Mar 10, 2024 12:24pm Mar 10, 2024 12:24pm
Quoting pipmaster77
https://www.financemagnates.com/fore...ainst-the-cftc Don't back down MFF expose these fuckers for what they are..

Quote
“Recognizing that sanctions are an extraordinary remedy, they are necessary here to condemn and redress the CFTC’s serious abuse of the ex parte process and its authority as a government enforcement agency,” the motion filed in a New Jersey court stated. As a part of the sanctions, the motion is "at a minimum" seeking "evidentiary hearing so that the CFTC’s pattern of misconduct and its effect on Defendants’ rights can be fully understood and redressed."

Quote
“By manufacturing a false justification for a total asset freeze and receivership, the CFTC caused irreparable harm to Defendants, destroying overnight a business that took years to build and leaving Mr. Kazmi’s family without material support for months,” the motion stated.
“Nor is the CFTC’s misconduct limited to false statements to the Court. The CFTC also improperly sought to intrude on the attorney-client privilege between Mr. Kazmi and his counsel.”

MFF against gangsters
  • #32,898
  • Mar 10, 2024 1:06pm Mar 10, 2024 1:06pm
Doing some research on Uprofit prop firm (futures). Seem like a good stable company. Any one dealing with them?
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Drawdown is more important than Account Size !
  • #32,899
  • Mar 10, 2024 1:09pm Mar 10, 2024 1:09pm
Quoting procrude
Doing some research on Uprofit prop firm (futures). Seem like a good stable company. Any one dealing with them? {image}
I am still waiting on that taxi to come.
  • #32,900
  • Edited 2:20pm Mar 10, 2024 1:20pm | Edited 2:20pm
Quoting pipmaster77
https://www.financemagnates.com/fore...ainst-the-cftc Don't back down MFF expose these fuckers for what they are..
The CFTC starts an investigation and decides to open a case vs MFF because as an agency we believe we have jurisdiction over both simulated & live funding companies, MFF may be operating as a broker & they may require registration as a RFED... ok no problem, prove your case & get a decision or settlement in your favor. However, repeated lying to the court to get an extreme measure of total personal & corporate asset freeze + shutdown of the company before they have their day in court & you prove that you have any jurisdiction to even regulate that company deserves repercussions.

We can't have 2 US regulatory agencies presenting bogus evidence & and lying to judges within months of each other to completely shut down businesses/individuals before they have a chance to defend themselves in court.
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