Going live on challenge prop firms, is it not all illegal ?

Discussion in 'Prop Firms' started by TrAndy2022, Oct 20, 2024.


  1. Indeed. They’ve now been doing it very publicly for over 12 years, during which - among other things - they’ve voluntarily published independently audited accounts and even won a US-government-sponsored industry award.

    It seems almost unimaginable to me that they’ve so flagrantly been breaking the law for so long.



    How do you know? Is that fact, or just your opinion?
     
    #11     Oct 20, 2024
    p0box4 likes this.
  2. Hello TrAndy2022,

    Apex paid me about $5k this year.

    So they are legit way to make some money.

    Just follow the rules like they stated. Pretty easy.

    If you know how to trade and you not playing ass around, then you make money and stop all the playing around.

    Too many traders not serious
     
    #12     Oct 20, 2024
  3. You have received the seal of approval by SML. Everything is fine

    seal of approval.png
     
    #13     Oct 20, 2024
  4. traderjo

    traderjo

    So is Top step acting as an unregulated exchange?
     
    #14     Oct 22, 2024
  5. p0box4

    p0box4

    No.
     
    #15     Oct 22, 2024
  6. traderjo

    traderjo

    Then why are people are saying they internally match the orders? why are the orders not going to real market if they do they are the counter party !
     
    #16     Oct 22, 2024
  7. p0box4

    p0box4

    You should ask them.

    Orders in the live account go to the real market, I have tested it.
    XFA is just a sim account but they do payout profits from them. That isn't the same as internalizing orders.

    Maybe you should do some research before you let everyone know your opinion that's based on wrong information ...
     
    #17     Oct 22, 2024
    Probability likes this.
  8. traderjo

    traderjo

    And you should stop promoting blindly these Sammy pretend prop firms ...
     
    #18     Oct 22, 2024
  9. p0box4

    p0box4

    I am not promoting anything :banghead::rolleyes:.

    I am just correcting wrong information and false claims.
     
    #19     Oct 22, 2024
    HawaiianIceberg and Probability like this.