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  • #42,261
  • Sep 19, 2024 8:58am Sep 19, 2024 8:58am
Has anyone tried or been payed out from
fortunatraders.com?
It was started by the banned prop trader NFX guy.
Are there any honorable Forex Prop Firms for US traders left?
Cheers
  • #42,262
  • Sep 19, 2024 9:09am Sep 19, 2024 9:09am
Quoting josh1111
Has anyone tried or been payed out from fortunatraders.com? It was started by the banned prop trader NFX guy. Are there any honorable Forex Prop Firms for US traders left? Cheers
As a 4+ year veteran of forex props and a US resident, my advice is to learn futures. You then have 4-5 futures props we all use in here.
I also trade with darwinexzero, I do futures on MT5, but if you are hell bent on forex, probably the only place left for USA on MT4 or MT5......more of a real hedge fund with real investor capital though as opposed to the casino video game we all know and love.
Never mind, searched your posts, I see you're already on the futures train.......do you still prefer forex? I would never go back.
  • #42,263
  • Sep 19, 2024 9:24am Sep 19, 2024 9:24am
Quoting Capablanca
{quote} I also wonder if they are really worried about AML or just lowering crypto direct limits to force people to move to Rise in order to show better figures in sites like juction
Getting bulk crypto is difficult and expensive. But also you cannot control where money goes, it is good group trade prevention.
  • #42,264
  • Sep 19, 2024 9:33am Sep 19, 2024 9:33am
Quoting pipmaster77
{quote} As a 4+ year veteran of forex props and a US resident, my advice is to learn futures. You then have 4-5 futures props we all use in here. I also trade with darwinexzero, I do futures on MT5, but if you are hell bent on forex, probably the only place left for USA on MT4 or MT5......more of a real hedge fund with real investor capital though as opposed to the casino video game we all know and love. Never mind, searched your posts, I see you're already on the futures train.......do you still prefer forex? I would never go back.
Thanks for your prompt response pipmaster77 I respect your input the most on this forum.
I have been learning Futures and am currently trading with TakeprofitTrader. I do still prefer MT4 and have invested considerable time learning how to program in mql4. After developing advanced trading panels that suit my needs very well I really prefer using MT4 still.
On Futures I use Ninjatrder. I just finished paying a software engineer to make me a daily max loss/profit tool to help me control things better. Just was hoping there was at least one decent Forex Propfirm for US traders that uses MT4 left.
Cheers
  • #42,265
  • Sep 19, 2024 9:34am Sep 19, 2024 9:34am
Quoting Takisd
{quote} Getting bulk crypto is difficult and expensive. But also you cannot control where money goes, it is good group trade prevention.
It a bit better through Rise ?
  • #42,266
  • Sep 19, 2024 9:41am Sep 19, 2024 9:41am
Quoting Capablanca
{quote} It a bit better through Rise ?
Now it is as rise is starting to do their job
  • #42,267
  • Sep 19, 2024 9:42am Sep 19, 2024 9:42am
I had my fastest payout ever.

Up to now, my fastest payouts were in FXIFY, about 1h10, and aprox 2h in Finotive, both long time ago.

This time I got one from Maven in less than 35 minutes ! A low 4 figures payout and not many trades to check but, anyway, it's outstanding. Last payout was fast but not close to this (I spoke about that here)

I don't like Hunter, never hide it, but I have to be objective here. Maven has been pretty good so far and I can't find a single bad thing from them up to date.

(I hope it's not too evident that besides Blue, I'm now also in Maven bankroll to praise them here - I'm open for more contracts, please send your proposals dear CEOs, I can even praise Angelo if price is right)
  • #42,268
  • Sep 19, 2024 9:45am Sep 19, 2024 9:45am
Quoting Takisd
{quote} Getting bulk crypto is difficult and expensive. But also you cannot control where money goes, it is good group trade prevention.
It's amazing when you sit back and truly analyze what this industry is......
On one side, you have folks simply trying to cheat through hedging, group trading, fake IDs, etc, etc
On the other side, you have firms, changing rules on the fly, reducing leverage, imposing caps to do everything to avoid paying out.
Are there actually any "real" traders that can trade with a "real" prop firm?
Watching this on a daily basis, I feel like I'm addicted to a reality TV show....this is even better than the Kardashians.
  • #42,269
  • Sep 19, 2024 9:57am Sep 19, 2024 9:57am
Quoting pipmaster77
{quote} It's amazing when you sit back and truly analyze what this industry is...... On one side, you have folks simply trying to cheat through hedging, group trading, fake IDs, etc, etc On the other side, you have firms, changing rules on the fly, reducing leverage, imposing caps to do everything to avoid paying out. Are there actually any "real" traders that can trade with a "real" prop firm? Watching this on a daily basis, I feel like I'm addicted to a reality TV show....this is even better than the Kardashians.
yes it is fight to the bottom between scumbags and scumbags. Its why is best to not be dramatic when strange thing happens. ACG now is trying to clean, some innocent is affcted but mostly its scumbags caught.
  • #42,270
  • Sep 19, 2024 9:57am Sep 19, 2024 9:57am
Quoting josh1111
{quote} Thanks for your prompt response pipmaster77 I respect your input the most on this forum. I have been learning Futures and am currently trading with TakeprofitTrader. I do still prefer MT4 and have invested considerable time learning how to program in mql4. After developing advanced trading panels that suit my needs very well I really prefer using MT4 still. On Futures I use Ninjatrder. I just finished paying a software engineer to make me a daily max loss/profit tool to help me control things better. Just was hoping there was at least one...
Darwinexzero would be your only option to get funding if you wish to trade forex on MT4. It's a perfect fit for me, but definitely not for everyone. Definitely more of a long-term endeavor....although my first quarterly split should be close to 1K.....which is just from their seed capital, no investor money yet.
I like Meta as well, so I trade futures there on MT5.
  • #42,271
  • Sep 19, 2024 10:03am Sep 19, 2024 10:03am
Quoting Takisd
{quote} yes it is fight to the bottom between scumbags and scumbags. Its why is best to not be dramatic when strange thing happens. ACG now is trying to clean, some innocent is affcted but mostly its scumbags caught.
Ironically, MFF (to me) was the closest we ever had to real trading.....I still believe they were trying to get it the way it was designed. Still amazed they were shut down, yet the CFTC allows so many other far, far worse entities to exist.
  • #42,272
  • Sep 19, 2024 10:05am Sep 19, 2024 10:05am
Anyone else on this rinse and repeat cycle of buying YM @ 42300-42320 for 100 points per clip?
Oops.....maybe not this time.
  • #42,273
  • Sep 19, 2024 10:12am Sep 19, 2024 10:12am
Quoting pipmaster77
Anyone else on this rinse and repeat cycle of buying YM @ 42300-42320 for 100 points per clip?
Pip, please don't encourage this. You will have a hundred answers and another hundred about managing the risk of the trade and portfolio in general.
  • #42,274
  • Sep 19, 2024 10:17am Sep 19, 2024 10:17am
Quoting Capablanca
{quote} Pip, please don't encourage this. You will have a hundred answers and another hundred about managing the risk of the trade and portfolio in general.
True. Everyone disregard that last statement.
  • #42,275
  • Sep 19, 2024 10:26am Sep 19, 2024 10:26am
Probably(85% chance) calling it a day......

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  • #42,276
  • Sep 19, 2024 11:38am Sep 19, 2024 11:38am
Quoting coastie0194
{quote} I haven't figured out that feature yet as I use MT5 from my offshore broker for charting and Quanttower for trading.
Hi,

Just to conclude this topic. Having come to a dead end researching this, I finally reached out to Quantower, perhaps I should have done that first place :-).

They do not support this feature at the moment but have plans to introduce it in the future.

Regards,
  • #42,277
  • Sep 19, 2024 11:56am Sep 19, 2024 11:56am
Quoting pipmaster77
{quote} Darwinexzero would be your only option to get funding if you wish to trade forex on MT4. It's a perfect fit for me, but definitely not for everyone. Definitely more of a long-term endeavor....although my first quarterly split should be close to 1K.....which is just from their seed capital, no investor money yet. I like Meta as well, so I trade futures there on MT5.
I looked at Darwinex just now, been a long time since visiting their website. Am I reading it right? Do you really have to trade for an entire year before getting any payouts?
  • #42,278
  • Sep 19, 2024 12:07pm Sep 19, 2024 12:07pm
Quoting Capablanca
I hope it's not too evident that besides Blue, I'm now also in Maven bankroll to praise them here - I'm open for more contracts, please send your proposals dear CEOs, I can even praise Angelo if price is right

Lol, nobody suspects you of that, anyway (I think Quickly and I have almost “sole rights” to being accused of being shills, albeit sometimes for companies we had neither heard of nor mentioned, and even in some cases have repeatedly stated we would never use or recommend!).

Isn’t Maven the one that charges so much extra to use CTrader rather than MetaTrader?

And does anyone know why? Seems odd, doesn’t it?
  • #42,279
  • Sep 19, 2024 12:41pm Sep 19, 2024 12:41pm
Quoting josh1111
{quote} I looked at Darwinex just now, been a long time since visiting their website. Am I reading it right? Do you really have to trade for an entire year before getting any payouts?
Where did you get that idea?

If it goes well you can have first payout in about 4 months and from there on more regulary. Depending how you got new funds under management.
  • #42,280
  • Sep 19, 2024 1:03pm Sep 19, 2024 1:03pm
Quoting KarlKraus
Isn’t Maven the one that charges so much extra to use CTrader rather than MetaTrader? And does anyone know why? Seems odd, doesn’t it?
No, unfortunately they don't even have meta. Only ctrader vs Matchtrader. This was my checkout screen. I chose ctrader, obviously, but I think the price was the same (though I can't guarantee that).
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