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. traderjo

    traderjo

    issue is where is the money coming from failed test fees or real trades?
     
    #121     Sep 12, 2023
  2. DevBru

    DevBru

    I would assume that once he is on the actual live account he gets his profit split from his actual trades, what else is the point of putting someone on an actual live account.
     
    #122     Sep 12, 2023
  3. s trader

    s trader

    Look at all the payments. Too bad those traders do not go here to tell people about how they are getting their fortunes. If mine were on there i'd go blah blah blah. Offer ends tonight 80% off.
     
    #123     Sep 12, 2023
  4. DevBru

    DevBru

    Almost none (if any at all, haven't been following it that closely) of the Myforexfunds clients are complaining on here either, yet they have over 135.000 clients and those who have bad experience are much more inclined to share their experiences than those who have a positive experience.

    I had a private chat with the guy who got an actual live account with Apex and he offered to show evidence for his payouts but i didn't ask for it since that wasn't the reason i reached out to him. I don't see why he would be offering to prove it if he was lying about it.
     
    #124     Sep 12, 2023
  5. traderjo

    traderjo

    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 do that?
     
    #125     Sep 12, 2023
  6. DevBru

    DevBru

    Well it seems like they (Apex) eventually give you an actual live account, just like for example Topstep that starts a funded trader on what they call live sim.

    It's all in the fine print and contracts so everyone should know what they sign up for, don't like it then don't sign up, easy.

    But one shouldn't spread BS and lies if they don't have experience with that firm and don't even know what they are talking about. It's not because someone doesn't like what they offer that they are scammers.
     
    Last edited: Sep 12, 2023
    #126     Sep 12, 2023
  7. s trader

    s trader

    I have no doubt that people got paid but i am also interested in hearing from those that got denied payments and the reasons
     
    #127     Sep 12, 2023
  8. traderjo

    traderjo

    are you talking about General business model or are you talking abut this particular alleged fraud?
     
    #128     Sep 12, 2023
  9. DevBru

    DevBru

    My post was about Apex since others started mentioning them and accusing them of being scammers without any evidence.
     
    #129     Sep 12, 2023
  10. DevBru

    DevBru

    Would be interesting to hear. But i guess if there are actual funded traders who don't get paid without breaking a rule i would assume they would be screaming it all over the internet.
     
    #130     Sep 12, 2023