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  • #5,201
  • Jun 8, 2:03pm (28 hr ago) Jun 8, 2:03pm (28 hr ago)
Quoting rehmatkhan00
{quote} No man, I didn't request any other payout on demand that would cause them to apply this consistency rule to me. I honestly have no idea why they are doing this.
So you didn't request for a payout and they just automatically deducted profits from your account?
  • #5,202
  • Jun 8, 2:11pm (28 hr ago) Jun 8, 2:11pm (28 hr ago)
Quoting AK.47
{quote} So you didn't request for a payout and they just automatically deducted profits from your account?
Exactly. Right now, I'm waiting for the next cycle—my payout is supposed to be on the 19th of this month. But before I even made any request, they told me that they are going to delete all of my progress/work. I haven't even requested anything yet, and this is the situation. I really don't understand what's going on.
  • #5,203
  • Jun 8, 2:17pm (28 hr ago) Jun 8, 2:17pm (28 hr ago)
Quoting rehmatkhan00
{quote} Exactly. Right now, I'm waiting for the next cycle—my payout is supposed to be on the 19th of this month. But before I even made any request, they told me that they are going to delete all of my progress/work. I haven't even requested anything yet, and this is the situation. I really don't understand what's going on.
Thank you for making that clear, my bad for assuming you were on an on-demand payout cycle. This has been a significant issue since about the start of the month now. We talked about this on the thread last week too.

Hola SHOULD clearly define what RR they deem as "gambling" as their are a lot of people whose systems are sniper entries with 1:4-5 RR and if they hit that winner early on, they deserve their payout. Or at the absolute worst, be given the payout, and then encouraged to show more trading history in the future!
  • #5,204
  • Jun 8, 2:27pm (28 hr ago) Jun 8, 2:27pm (28 hr ago)
Quoting AK.47
{quote} Thank you for making that clear, my bad for assuming you were on an on-demand payout cycle. This has been a significant issue since about the start of the month now. We talked about this on the thread last week too. Hola SHOULD clearly define what RR they deem as "gambling" as their are a lot of people whose systems are sniper entries with 1:4-5 RR and if they hit that winner early on, they deserve their payout. Or at the absolute worst, be given the payout, and then encouraged to show more trading history in the future!
a sniper entry with 7 or 8:1 RR is not gambling, it's excellent trading. Excessive risk is when you are risking more than a certain % of the account.....it is absolute bullshit if they are going to exclude/prohibit such trades.
  • #5,205
  • Jun 8, 2:33pm (28 hr ago) Jun 8, 2:33pm (28 hr ago)
Quoting pipmaster77
{quote} a sniper entry with 7 or 8:1 RR is not gambling, it's excellent trading. Excessive risk is when you are risking more than a certain % of the account.....it is absolute bullshit if they are going to exclude/prohibit such trades.
exactly my point gang.
  • #5,206
  • Jun 8, 2:36pm (28 hr ago) Jun 8, 2:36pm (28 hr ago)
Quoting AK.47
{quote} Thank you for making that clear, my bad for assuming you were on an on-demand payout cycle. This has been a significant issue since about the start of the month now. We talked about this on the thread last week too. Hola SHOULD clearly define what RR they deem as "gambling" as their are a lot of people whose systems are sniper entries with 1:4-5 RR and if they hit that winner early on, they deserve their payout. Or at the absolute worst, be given the payout, and then encouraged to show more trading history in the future!
you are most welcome....In my opinion, they won't even make such rules because if they do, those rules will look incredibly stupid. If people see how strict and unfair the rules are just to reject payouts and wipe out profits, no one will ever buy their challenges in the first place. Instead, they just surprise people. Once you make money and become profitable, they do this without any prior announcement or reason.
  • #5,207
  • Jun 8, 2:39pm (28 hr ago) Jun 8, 2:39pm (28 hr ago)
Quoting rehmatkhan00
{quote} you are most welcome....In my opinion, they won't even make such rules because if they do, those rules will look incredibly stupid. If people see how strict and unfair the rules are just to reject payouts and wipe out profits, no one will ever buy their challenges in the first place. Instead, they just surprise people. Once you make money and become profitable, they do this without any prior announcement or reason.
I've seen this happen for over 5-6 people now, so this is a really really bad stain on the firm as of now.
  • #5,208
  • Jun 8, 2:55pm (27 hr ago) Jun 8, 2:55pm (27 hr ago)
Quoting mrdfx
{quote} It's really bullshit. They give me a "free' $10k account after buying a $50k account? How does giving me a $10k account compensate for having a $50k account before they went down? Their new model also looks complicated as fukc. I don't see this lasting very long.
Thay also promised me another free 10K account for allowing them to tag my payout on X and another free 5K for something else and it never happened. Said they were "working on it" like a month ago.

Also, as I posted before, they used an AI picture of me on their website and never notified me or asked. Maybe they have permission buried in their TOS somewhere but the bottom line is they are desperate scum bags that will do and say anything to get people to purchase an account.

Their plan was dead on arrival.

I mean how stupid do you have to be to hand out 150 million worth of free accounts with ZERO revenue to pay anyboby. Bad mouthing the prop industry model then using the same model to try and save the day.

The characters in the movie DUMB AND DUMBER were smarter than the idiots behind REV SCUM TRADING
Pride always comes before destruction.... -Proverbs 16:18
  • #5,209
  • Jun 8, 2:57pm (27 hr ago) Jun 8, 2:57pm (27 hr ago)
Quoting AK.47
{quote} I would not disagree with you on that. But I still need to try out Funding Pips, GFT and Funded Next, which are the top ones, with 5ers ofc. Just checked to make sure and GFT went from 3rd to 1st as of today on PropFirmMatch as Funding Pips has been dethroned to second. 5ers dropped to 3rd. (Alpha Capital Group is also another shout which is quite reputable, specially in the futures space I assume.)
From my perspective:
Alpha forex +Alpha futures - expect short interview questions like your trading strategy, can you login to your dashboard or trading account, simple stuff. With Alpha futures i been interviewed before i got access to funded account, with forex Alpha after receiving multiple payouts on 10k accounts. I think it's not bad because they can catch lot of scammers this way.

The5ers- futures offer is too expensive, since they started futures something went wrong, delayed payouts etc.

Funding pips - no problem at all, very fast payouts sometimes instant. Also i reached some level of payouts with them, and was surprised they send me some gift by post, hope i will not pay any duty

Ftmo- after first payout they limited me to 1% risk per trade idea (gambler) , but received since than at least few payouts without problem, even once i lost more than 1% but they gave me new account and that is my last warning

Futures:
1 Lucid -instant approval and payout
2 MFF -as above
Alpha futures, funded next, Apex (paid once or twice no problem at all)
Tradeify - tried few times but failed
  • #5,210
  • Jun 8, 3:27pm (27 hr ago) Jun 8, 3:27pm (27 hr ago)
Quoting youngD
{quote} From my perspective: Alpha forex +Alpha futures - expect short interview questions like your trading strategy, can you login to your dashboard or trading account, simple stuff. With Alpha futures i been interviewed before i got access to funded account, with forex Alpha after receiving multiple payouts on 10k accounts. I think it's not bad because they can catch lot of scammers this way. The5ers- futures offer is too expensive, since they started futures something went wrong, delayed payouts etc. Funding pips - no problem at all, very fast...
Great feedback.....much appreciated. Kind of further solidifies the point of futures props being superior.
  • #5,211
  • Jun 9, 11:26am (7 hr ago) Jun 9, 11:26am (7 hr ago)
I have just generated a profit from Hola Prime again. Previously, they wiped out my entire profit and reduced it to zero, claiming it was 'gambling'. Now that I have made a profit once more, let's see what excuse they come up with this time and whether they cancel it or not. They are absolute fraudsters; let's see what action they take now.
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  • #5,212
  • Jun 9, 12:19pm (6 hr ago) Jun 9, 12:19pm (6 hr ago)
Quoting rehmatkhan00
I have just generated a profit from Hola Prime again. Previously, they wiped out my entire profit and reduced it to zero, claiming it was 'gambling'. Now that I have made a profit once more, let's see what excuse they come up with this time and whether they cancel it or not. They are absolute fraudsters; let's see what action they take now. {image}
That would be a shame. I was kind of pumped on the transparency and payout speed. Please keep us updated. As I've mentioned, I'm in stage 1 of a 2 step prime......I'll just blow it up if they don't pay you.
  • #5,213
  • Last Post: Jun 9, 12:28pm (6 hr ago) Jun 9, 12:28pm (6 hr ago)
Quoting pipmaster77
{quote} That would be a shame. I was kind of pumped on the transparency and payout speed. Please keep us updated. As I've mentioned, I'm in stage 1 of a 2 step prime......I'll just blow it up if they don't pay you.
Thanks a lot for the support! I actually got convinced by their good Trustpilot reviews and claims of 15-30 minute fast payouts. I had no clue they'd do this. I’ve just made a profit again and will keep making more. Let's see if they make another excuse or use the 'gambling' rule this time. Will keep you guys updated on what they do next!
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