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- TraderTero replied Oct 12, 2023
A more likely approach would be for MQ to require every prop firm to have their own MT5 server in order to be able to collect more money from the prop industry.
- TraderTero replied Oct 5, 2023
1:10 leverage on Instant funding & Direct funding accounts.
- TraderTero replied Sep 30, 2023
image Department of Trading Ethics...
- TraderTero replied Sep 25, 2023
Looks like Plane could replace Deel: url E8 using them already.
- TraderTero replied Sep 24, 2023
Very few props are still using 8cap as most have gone over to Thinkmarkets. I don't think CFTC has anything to do with this. BB is not a white label of 8cap any more.
- TraderTero replied Sep 23, 2023
Sure but as long as they go after individual companies there will be no ban for taking US clients and some props could even continue operating in US until they change the regulation.
- TraderTero replied Sep 23, 2023
I might be wrong but I see CFTC targeting just one entity, not the whole industry like in the Binance case. The end result might not necessarily be that US clients would be banned from using prop firms. In order to ban the whole industry, they ...
- TraderTero replied Sep 23, 2023
Did MFF actually claim to be a forex broker. If so then that could make a difference compared to other props: url According to regulatory filings, the OSC launched an investigation into Ontario-based TGG and Kazmi, in response to a request from ...
- TraderTero replied Sep 22, 2023
I was mainly referring to payment gateway blocking and the time line. The whole prop firm industry needs first to be made illegal in US before they can start to block funds transfers the same way as with online gambling. Right now we are far away ...
- TraderTero replied Sep 22, 2023
Much bigger risk atm for not being paid by the prop than payment gateway issues. E8 is probably running out of funds currently as there has been signs of than for the past 3-4 months and they are using the deel issue as an excuse for delaying ...
- TraderTero replied Sep 22, 2023
I know quite well how they work as I have been involved in forex broker business for over 10 years. It's a cat and mouse game and right now we are far away from a situation where CFTC would try to stop payments. Before that they will try to stop non ...
- TraderTero replied Sep 22, 2023
By changing to another crypto exchange or payment service.
- TraderTero replied Sep 22, 2023
There are plenty of other options than Coinbase. Most brokers use other crypto payment services as Coinbase is just a bad company.
- TraderTero replied Sep 22, 2023
Highly unlikely that US would shut down crypto exchanges or start to somehow hunt prop firm crypto wallets.
- TraderTero replied Sep 15, 2023
Used to work with them and the experience was not very good.
- TraderTero replied Sep 14, 2023
Both seem to be hiding their location.
- TraderTero replied Sep 14, 2023
url HFT allowed. Have not tested them.
- TraderTero replied Sep 13, 2023
For me they are out because of this sentence: After reviewing your accounts, our team will determine if your trading strategy suits our risk appetite. If so, we will grant you a Funded Account.
- TraderTero replied Sep 12, 2023
Sounds good. I will most likely try them out.
- TraderTero replied Sep 12, 2023
Not able to find anything about prohibited strategies or using EAs.