The largest FX prop firm named MyForexFunds stopped working now, are they out of business ?

Discussion in 'Prop Firms' started by TrAndy2022, Sep 1, 2023.

  1. newwurldmn

    newwurldmn

    he works with allestra
     
    #101     Sep 7, 2023
    destriero likes this.
  2. TrAndy2022

    TrAndy2022

    For example today I made +4% profit on my hedge fund account.
     
    #102     Sep 8, 2023
  3. TrAndy2022

    TrAndy2022

    Last month for August I made +20% net profit and I got a decent 5-figure payout for that, which is already in my bank account.
     
    #103     Sep 8, 2023
  4. TrAndy2022

    TrAndy2022

    Rippling.jpg
     
    #104     Sep 8, 2023
  5. TrAndy2022

    TrAndy2022

     
    #105     Sep 10, 2023
  6. chappy

    chappy

    #106     Sep 11, 2023
  7. Overnight

    Overnight

    It is a scam until it is proven it is not. WTF is a "certificate of payout"? Why the hell would they go through the motion of publishing some nonsensical piece of paper? Why not some redacted stub? And what's with the sequential 2K payouts all in a row? Why not one lump sum? Skirting the 10K rule?

    Still doesn't pass the sniff test.
     
    #107     Sep 12, 2023
    Laissez Faire likes this.
  8. DevBru

    DevBru

    At Apex a lot of the traders buy multiple accounts, so i assume that's the reason for the sequential payouts, 1 payout for each account.

    "It is a scam until it is proven it is not". In what country do you live? It's the first time i ever heard anything like you are guilty until proven otherwise, luckily in most modern/western nations it's exactly the opposite, not guilty until proven otherwise.
     
    #108     Sep 12, 2023
  9. Overnight

    Overnight

    There are too many anecdotal accounts of people being defrauded by firms like this, so the onus is on them to be as transparent as possible and prove they are living up to their claims of paying out profits as promised. How come we never hear of these anecdotal stories of fraud from US-based stock/futures brokers?
     
    #109     Sep 12, 2023
    Laissez Faire likes this.
  10. DevBru

    DevBru

    These companies aren't brokers, so I don't know why you would want to compare them.

    The burden of proof is on the one doing the accusations, not on the one being accused.
     
    #110     Sep 12, 2023
    SCR7576 and TrAndy2022 like this.