The largest FX prop firm named MyForexFunds stopped working now, are they out of business ?

[rb7]

Well, as i have said plenty of times before, buddy, i prefer to stick to the facts instead of assuming and making up shit, ciao.

What are the 'facts' are you referring to?
I'm not saying you are wrong or anything. Just curious.

 

[TrAndy2022]

I'm still wondering why a successful trader working for a Hedge Fund (and receiving big bonuses) is 'participating' in those bucket shops!!!

For obtaining instead of 5-figure payouts 6-figure ones. (More) Money makes the world go round.

 

[Sprout]

The problem is that MFF is the biggest of its kind and have the fairest rules among all of such prop firms. If they get punished and then it will have a huge Domino effect, but all the other ones are less fair to their customers. The only option would be going very offshore for any prop.

Regulation would be a good thing for the industry. Going into other jurisdictions isn’t solving the underlying problem.

With the right mindset, just a bump on the road.
https://x.com/jadecapfx/status/1697799706145890747?s=46&t=RtbvMjSZB-E4IMCIlJrlWA

 

[rb7]

For obtaining instead of 5-figure payouts 6-figure ones. (More) Money makes the world go round.

Ok, fair enough. It seems it didn't work that way with MFF...
And even with that 10k payouts, you would still be far from your 6 digits (as opposed to trade your own money off of your hedge fund payouts).

 

[Laissez Faire]

What are the 'facts' are you referring to?
I'm not saying you are wrong or anything. Just curious.

Here are some 'facts' from the website of Apex. Darrel Martin allegedly withdrew $300K from funding companies and that was with only one. LOL.

I'd love to know if @FTDK and @DevBru seriously believes this as a 'fact' since the website says so.

 

[FTDK]

What are the 'facts' are you referring to?
I'm not saying you are wrong or anything. Just curious.

That's the entire point ...

There is 0 evidence companies like Apex, E2T and Topstep are scamming their clients, so as long as there isn't any evidence i am not going to be convinced they are, unlike some other dude here who bases his opinion on jack shit and acts like mister know it all.

It also funny how that dude always stars to moan about other things when you point that out. I guess that's all the proof one needs, if you ask someone for evidence and they start moaning about something else, there isn't any.

 

[Overnight]

Here are some 'facts' from the website of Apex. Darrel Martin allegedly withdrew $300K from funding companies and that was with only one. LOL.

View attachment 322289

I'd love to know if @FTDK and @DevBru seriously believes this as a 'fact' since the website says so.

If he's a rancher I bet he's making a killing. Have you seen live cattle prices lately? Hmm, let me check the current close-out...

Yep, making good scratch. DAMN!

 

[FTDK]

Here are some 'facts' from the website of Apex. Darrel Martin allegedly withdrew $300K from funding companies and that was with only one. LOL.

View attachment 322289

I'd love to know if @FTDK and @DevBru seriously believes this as a 'fact' since the website says so.

It doesn't matter if i believe that or not and it also has absolutely nothing to do with how Apex operates.

 

[TrAndy2022]

Those prop firms exist because of ONE fact. 90/90/90 rule. 90% of traders loose 90% of their account in 90 days. So basically they are less than 1% consistent profitable traders. That is why those props can make such offers of additional capital. All the trading environment and rules cannot defeat any real profitable trader. They just can profit from this prop business. Out of those 135000 customers MFF had, probably 1000 traders were able to make regular payouts. So in the end it is a good business and not a bad "Ponzi" which needs to be regulated or shut down to protect any other people, which are only loosers. Those loosers are guilty themselves and not the prop is the bad.

 

[FTDK]

Let us know when you withdrew your $1000 bucks from bucket shop Apex and 'proved the haters on ET wrong'.

LOL.

Again, thanks. Much needed this morning.

I will when i withdraw.

In the mean time, feel free to provide some evidence for your accusations ...