when any prop firm could go bankrupt, as they rely on the mass of failed challenges to pay any payouts out of the captured challenge fees. So your...
That is a million dollar question
Are you looking for a normal FCM broker or a true prop firm? or a test fee prop?
Most of them are prop firms that trade their own money. The evaluation takers are just not part of the prop team. LOL Are you claiming that the...
So if you have got money paid to you that is great .. tax wise is a diff issue depends upon jurisdiction does it not?,
You mean you support " Pay for test and hope to get funded " type businesses! because real prop firms don't do that .
What law is for example Topstep breaking with what they are doing? One day the "Test fees" are going to be considered as same as a deposit at a...
Some of them themselves say that after passing the test you would be on LIVE SIM.. WTF? is live SIM if you say we will fund you that in simple...
There are ways for them to make money from the money collected from evaluations If that is what the business model is based on then it is highly...
Although there is no Centralized exchange for FX the Regulated broker has to abide by A book or B book hence the issue ..and was Myfxfund ever...
What on devils earth is "live sim." Sim is paper money ! so where do the profits come from? and don't say who cares. it is the integrity of the...
Ok so Apex or any other firm , My question is still stays same "when a firm says you are funded .. it has to be with real money and trades must go...
are you talking about General business model or are you talking abut this particular alleged fraud?
My question is when a firm says you are funded .. it has to be with real money and trades must go on real market ... what excuses is there not to...
issue is where is the money coming from failed test fees or real trades?
Real Prop firms look like this https://www.cutlerllc.com/careers
It's by definition a bucket shop as your orders never hit the market.! As LF said above
Yah I asked him he says " I have not looked Deep in to it yet" :sneaky:
SO what other crap would you be happy with? NO PROTECTION AT ALL by the way MFF was a futures FCM not stock broker so even in USA SIPC only...
Show audited proof or show that you are licensed as a money manager in major jurisdiction
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