The Funded Trader SHUT DOWN.. (I was funded with them)

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Few months ago, I made a wise decision to completely transfer my skills to futures(us) and options(India). Best decision of my life. Now I'm watching the world burn from a safe space.

karanchandnani
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looking this fx prop firm bubble from the sidelines, this was seen like 6 months ago.. never had a problem with futures props

kollidearmee
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Im with you brother. I have spent the past year with MFF, TFT and Bespoke - all gone.... Back to square one.

Dean-eijv
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Yeah, doesn't surprise me. They were still selling discounted challenges despite operating on a totally disfunctional platform. I lost a couple of accounts. Hope the Texas state attorney will pusue charges against him.

midesmedia
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Thanks buddy. Sorry for your trouble. I will stay with FTMO.

ivorvandermerwe
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another shot after mff, if we have the skills we will never be afraid, keep going bro Jor

azizkaita
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I highly recommend everyone to also look in to futures. We don’t have these problems with our prop firms cuz of regulations.

rashadheyward
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The US being blocked and MT pulling out of non-regulated businesses killed the flow of capital to the prop firms, they relied and based their business model on printing money with thousands of people taking and failing challanges, as much as 80% of their capital cames from this.

angus
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I have one at a firm that used Eightcap. It was suspicious how particularly the new firms would all use Eightcap. Now it had to switch to another broker and in less than a week to another one. Not sure about this FTUK.

backstabba
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For fuck sake bro - I've taken two L's MFF and now TFT this is ridiculous

Reysekai
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If they come back I wonder if it will be as a Futures Prop Firm

johnnyv
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There is also Alpfa Capital group in UK, which has it's broker

andriilobach
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so glad I switched to Futures months ago! The writing was on the wall

D.O.P.E.BookFX
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The MetaQuotes issue was that US citizens was able to trade CFDs which is not allowed in the US and the connection was that prop firms was using MetaQuotes' software to offer CFD trading to US citizens, so what is the easiest way for a regulator to control that with MetaQuotes being a US put pressure on them to pul the plug on all prop firms using their software.

TommyApel
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hi any futures prop firms that you recommend? Or prop firms that allow 0 dte option trading? Thank you!!

LoveSerah
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Yes this happened to me also, This drove me to look at alternatives. The answer is futures and futures prop firms. IMO futures is a better prospect than FX, not even close. With futures, specifically NQ and ES minis and micros and full for that matter all brokers have the same data feed it is all from the CME. Its not like how Oanda, FXCM etc all have different price action as they are a decentralized exchange, weather you have RAW or not in FX. With futures price, bid/ask spread being set at a centralized exchange (CME) everyone gets the same price action, there different fees like commissions for different brokers you need to be aware of. You can also see the depth of the market with level 2 and 3 data if your broker provides that. I will never go back to FX. Actually if one is hooked on FX you can trade the actual FX futures contracts through the CME also. FX and FX props are S*!t IMO.

MichaelDavis-wexl
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So now I have lost my money to TFT, and have no money left, TFT is the first prop firm challenge I brought and in next few days this all happened couldn't even place one trade, I have a request can someone buy me the the5ers bootcamp, I do have the skill and mindset to pass this challenge but not enough money to buy the challenge. Plus I also have a discount code which will reduce the price by $30. Please help.

NeonNinja-fzwl
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I requested a refund for all the active Live and Challenge accounts I had, not from the company but from my bank, providing all the details of what happened. They refunded the money to me as it was deemed fraudulent, and typically banks cover you in such situations.
I hope this information is helpful to someone. At least to recover what you invested.

ICT.babuino
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Skilled Funded Trader is gone too. Just received the mail😢

skipper_
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skilled funded trader is next to go down! 💀

kollidearmee