The Prop Journalist
@PropJournalist
Followers
18K
Following
1K
Media
320
Statuses
888
Providing the latest news and insights into the prop firm & trading space. YT: https://t.co/XL6Ocg25eD Not financial advice.
United Kingdom
Joined March 2022
I think some people forget the sheer scale of what we lost with MFF. $4.3m+ weekly payouts and growing. On track to pay out $500m+ to traders (half a billion!) by now. And that's a conservative estimate.
My Forex Funds paid more than $4.3m in payouts last week!. That's more than $600k a day!
5
0
39
Update on FE situation, pre-migration funded accounts have option to remain but with 1% profit cap per month , for 90 days.
1
1
13
Summary:. - Challenge accounts given coupon to restart from phase 1.- Funded Accounts with pending payouts will be paid, then given coupon to restart from phase 1.- Platforms available: DXtrade for USA, cTrader / Platform 5 for non-USA.
TFT Update regarding active accounts at the time of the operation pause:. 'Dear Trader. We hope this email finds you well. We are reaching out to inform you that, as a holder of an active account, you qualify for the following scenarios as we navigate our operations. Actions for
13
6
38
TFT Update regarding active accounts at the time of the operation pause:. 'Dear Trader. We hope this email finds you well. We are reaching out to inform you that, as a holder of an active account, you qualify for the following scenarios as we navigate our operations. Actions for
28
4
60
Looks like all accounts have been breached - make it clear, TFT is not 'back', only the website is.
.@thefundedtrader website is back up . But no announcement, still millions not paid out, accounts failed due to inactivity while down and no new credentials given out - yet you can still buy new challenges.
5
3
31
.@thefundedtrader website is back up . But no announcement, still millions not paid out, accounts failed due to inactivity while down and no new credentials given out - yet you can still buy new challenges.
18
7
63
Less than a week left TFT website countdown timer. Timer ends on Thursday, 18 April 2024 until 'relaunch'. We will see what that really means soon. Apart from a few refunds for purchases 30 days before shutdown, no more news or scheduled relaunch for SFT.
12
3
50
This article I wrote 10 months ago is now more important than ever:.
2
2
23
Bots commenting the same message to this post have been blocked. Very suspicious activity, who else has experienced this?.
.@fundedengineer acknowledge traders are experiencing some unnecessary wicks on certain pairs. They are currently looking to resolve the issue.
0
1
13
.@SFTFirm issuing refunds for purchases within 30 days of stopping operations.
SFT update . Some of you should have got an email, in regards to a refund . First plan of action is to issue refunds to those that have purchased an active account within the 30 days since operations were ceased within the next 7 days that are eligible . Will provide updates as.
0
1
15
.@fundedengineer acknowledge traders are experiencing some unnecessary wicks on certain pairs. They are currently looking to resolve the issue.
20
2
64
RT @Khldfx: My Traders, please fill the form for any FP related issue I check the form every Sunday.
0
126
0
First of all, I would like to apologise to everyone affected by the TFT & SFT situation. I understand that my trust in the firms led to others trusting the firms too. I'm extremely disappointed that our trust has been taken advantage of. While there are supposed plans for
109
58
519
Statement from Riz:.
I want to take this time to apologise for not making a statement earlier. We have been waiting to get clarification on what’s going to happen, but have been left in the dark with complete radio silence and not had any responses from the operations partner. As such I cannot.
20
0
8
Has anyone got a confirmed list of all Easton firms?.
21
1
56
.@thefundedtrader temporarily pauses operations. Relaunch date set as 18th April 2024. Will be covering this in a video releasing tommorow. For context, see my latest video in the replies
9
2
42
Here's my opinion:. There should be 2 options:.- Non-consistency account for those that want freedom.- Consistency account that has extra benefits compared to the non-consistency account, thus rewarding consistent traders. If traders break consistency they are dropped to a.
Consistency Rule:. Should mainly be on funded stage, shouldn’t give the right to the firm to deny a funded account nor a payout. Purpose of it is increasing the STP level of processed orders which will help build a sustainable environment for both parties. Firm can decrease.
17
4
42