GOOD NEWS for Prop Firms & Prop Traders

Prop firm updates, finally some good news, time line on MetaQuotes MetaTrader shutout of US customers, major changes in prop trading industry like dxtrade, ctrader, matchtrader and more
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*Futures, forex and CFD trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the investor’s initial investment. Only risk capital-money that can be lost without jeopardizing one’s financial security or lifestyle-should be used for trading and only those individuals with sufficient risk capital should consider trading. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or forex. Past performance is not necessarily indicative of future results.
CFTC RULE 4.41
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

[@alextension]

Love the way you structure out your information being so informative !

[@BKForex]

Thank you! I really appreciate this!

[@hart-coded]

thx this was super helpful. can you plz do a video on which prop firms allow you to trade of tradingview are static drawdown and live trading not simulated?

[@uzhoutx]

❣️Thank you, Kathy! 🤠❣️

[@anonymous-zn2iv]

Thanks for the update!

[@BKForex]

You bet!

[@trapfit20]

thank you for the info!

[@Aaronk1888.]

Fantastic content! I have a question: 1. Why are prop firms not required to be regulated like traditional brokers? Assuming this because traders aren’t actually trading real money (simulated) and the prop firms are not holding customer deposits?

[@kylesandstrom853]

Good update on what's happening (especially when news seems to hit almost daily) but disagree on the positive side a bit. Prop firms are diversifying not out of altruism but more like someone drowning in the ocean and grabbing whatever is available to stay afloat. I think near term for US traders at least it's worthwhile to stay on the sidelines for now... or better explore trading futures

[@Lonewolf_Fx]

Lol, prop were having issues in the first place because of the US. Some prop ain't messing with the US going forward some might but only a matter of time before the drop US as well. Futures would be better for US traders now or they can take the risk

[@BKForex]

Diversifying is still good. We need to finally see some good news

[@BKForex]

100% agree. Futures prop is better. There's a reason why Apex Trader Funding hit $100 million in payouts. Traders really making money bit.ly/bkapex

[@Sergio.K]

The liquidity providers are the same traders who loss the challenges.

[@Metaskriptz]

Exactly. 😂 None of them have “Liquidity Providers”

[@deidrascott8871]

Hahaha

[@hoffmann5758]

True they are all scams... nothing more

[@user-ms4uh5zw6u]

Thanks you teacher Kathy Lean

[@BKForex]

Lien :)

[@A8Q8R8]

Having difficulty in choosing a prop firm any help would be greatly appreciated

[@juanrangel6048]

Anyone know updates on funding pips

[@Csybbq]

Finally i can pass my true forex fund phase 2 challenge..just ctrader not friendly to use...hope i can get my funded account soon..

[@BKForex]

Good luck!

[@GensetExpert]

Any international futures broker?

[@quartamile]

Are the regulated prop firms like Oanda, Axi, and Hantech onboarding US traders? And can they use EAs/bots? Thanks!

[@BKForex]

No they will not on board US traders

[@matthewrhodes3198]

Hello, Kathy! Can you kindly advise which prop firms will continue using MT4? Because I use indicators and EA written for MT4. Thank you)

[@Motherhood3.0]

I would like to know also please. 🙏🏽

[@mattportnoyTLV]

You can convert some of these to CTrader very easily.

[@vtiletraders]

So far after researching the firms discussed in this video, I came across "Hantec Trader" which I may try myself and they use MetaTrader 4 and 5

[@oscarherrera5500]

Thank you very much for the video, I wanted to ask you, do you think Forex disappears with the arrival of CBDCs?

[@BKForex]

Central bank digital currencies are not going to replace fiat currencies. Mark my word

[@JenMarco]

2030 they will implement a one world digital currency aka mark of the beast. Look of World Economic Forum and United Nations Agenda 2030

[@huntertrader5881]

Please, let such information keep coming. You are the messenger.

[@BKForex]

Thank you!

[@anonymous-zn2iv]

What is really shady is how these companies don't give the real reason why they stopped providing service to u.s customers. They should have just told the truth. By not giving the real reason just makes them look dishonest.

[@Ourhomeonearth]

It’s all about making Putin rich 🤑 and Metaquote is a Russian invention . Trump 2024 all the way . Make Americans great again bring back meta quote stop all wars

[@gurwindersingh7545]

Hi, which propfirms still offering outside US? Couldn' find it easy.

[@tradinology_]

I can recommend you FundedNext and TopTier Trader, these are some of the best prop firms that also work outside the US.

[@Mozzicus]

You made a big mistake in the video regarding ftmo, the suspension of some states was already applied in the previous months and not in January, in january the sospension was spread to all the US, also keep in mind that this is a suspension and not a ban, which is completely different.

[@corinnet9822]

Thank you Kathy Does this mean I can still trade forex?

[@elmo6646]

yess... if u have your own funds u can trade mt4 , some prop still use mt4 but most went to ctrader matchtrader ,etc

[@russhorn9031]

Prop firms pay out with challenge fees, what do they need with liquidity providers?

[@BKForex]

Because some traders are actually good traders that they offset and they need price feeds

[@rellishone1119]

great update

[@BKForex]

Thanks

[@alfredc.l442]

Do you think ftmo and funded next will lose their meta quotes license for non us ?

[@BKForex]

I dont think MetaQuotes will pull the plug on non-US. CFDs are allowed to be attracted outside of US

[@carlosalpietro3890]

@@BKForex Actually it is happening, I'm non US and I'm receiving the same mails about the change of the platform. It seems most of the props want to do the transitions for all their traders.

[@subairthundiyil7641]

Well said

[@mquant001]

why dont you mention surge trader?

[@4x4eva]

Who ever says theres prop firms but they just use dxtrade instead of metatrader 😂😂😂 haha ok please, enlighten me… which ones exactly? For forex?

[@kyzersosa2646]

Does most of this also apply to Canadians as well?

[@mattportnoyTLV]

What kind of question is this?

[@EvilDeathFx]

You’re awesome, Sub’d

[@BKForex]

Thanks

[@mattportnoyTLV]

This has hit my business very hard. I sell middleware for MetaTrader.

[@KingNature-mo6qy]

Liquidmarket prop firm still offers MT4/MT5 till now

[@MosesMoodley]

Do what happens to blue Guardian with non us traders who already bought the funded account

[@QTrades97]

Funded Engineer doesn't have a platform so US traders can actually trade... heard other firms have DXTrade at least

[@plamen1289]

kathyy, oanda challenge is not available in the US, guess what neither is hantec or axi select. none of them are available options to US persons. apex trader is but they don't have a balance based drawdown option and the max drawdown is very tight, so unless you trade micros and super small size you'll be buying challenges on repeat. your information is not fully accurate

[@Motherhood3.0]

😮😮😮

[@Masterc.1]

Which prop firm do you advise me to trade with?

[@BKForex]

We recommend Apex Trader Funding (80% off until March 3rd) bit.ly/bkapex Code: BKSAVE

[@ed-0364]

@@BKForexhow well do you know about hantec market for us clients? I’ll do my research as well but I wanted your opinion on it since it was brought up on the video.

[@tonydarling6813]

What is the best choice for US Clients?

[@BKForex]

Futures trading at this stage. Apex Trader Funding. Their 80% offer for new and recurring ends March 4 bit.ly/bkapex Code: BKSAVE

[@booker77777]

so who do you suggest that US traders go to. TFT offers DX platform to them but apparently you cant use EA's or trade copiers which hinders a trader from scaling his business. Any suggestions?

[@deviechristian7690]

Funded Engineer not yet.

[@jorgecanessa1206]

This video will save many lives

[@blloh4266]

It may be worse off since some of them move to under regulated markets.

[@BryanDigital-x2w]

Stay with sustainable prop firms like Audacity Capital, FTMO, and 5%ers.

[@user-jd5fn1uy3f]

Questions did any of you actually get any money out of all of this? Did they pay you for your work? Also what ones did you use that you had to pay for that made it impossible to get any money and which were at no cost ? Did the no cost ones actually pay out ? Were they more legit because they did not charge or were they scams too?

[@roycestandard6153]

Most of the prop firms that came back doesn't take US clients though. That's only good news for people living outside of the US.

[@BKForex]

Which one are you trading with?

[@roycestandard6153]

@@BKForex True Forex Funds but they blocked US traders.

[@shifanoor4976]

You are copy trading or investing with them

[@user-ci4qg9sz3s]

I wouldn’t trust them I have asked many times for my refund or the $100.000 account owed to me before they went down. They keep asking me to send them account details that I’ve already provided. I’m not a newbie so please listeners do not take my words lightly. The audacity for them to believe they can start new without first taking care of old clients should not be tolerated I suggest you guys listen to regular people because they will take care of the KZbinrs the ones with a platform that could hurt their reputation immediately but for the regular clients it’s not the same energy so until I receive my refund or challenge I’ll go all in on exposing them even if I need to start my own KZbin channel dedicated to exposing them. Traders we are all we got my brothers keeper if it’s me today it’s you tomorrow. I have all the evidence I need so you will hear more from me thanks.

[@BKForex]

Which firm are you talking about specific

[@user-ci4qg9sz3s]

I’m glade you asked I certainly forgot to mention. it’s the funded Engineer i was prepared not to say anything and chalk it up as a lost like I did with MFF but after blatantly seeing them pushing new advertisements new prices saying that they’re back better than ever and not taking care of unfinished business with old clients it’s a slap in the face. Honestly I plan on starting a channel with all my documentation dedicated to exposing them. Thanks for the reply

[@BryanDigital-x2w]

Just stay with sustainable prop firms like Audacity Capital, FTMO, and 5%ers.

[@frankad5466]

What prop firm can I use that will allow EA

[@orsodaspiaggia]

You can bridge from MT5 to DX and continue to use EA

[@frankad5466]

Yh what prop firm can I use that allow MT5 EA?

[@user-dc2yx8dw7h]

@@orsodaspiaggia What do you mean? Could you help out a noob, haha? I am Swedish and live in Thai, and have always been using magic keys so feel a bit “naked” now without the EA...

[@orsodaspiaggia]

@@frankad5466search rene balke here

[@Purple-qi4hj]

Call em selfish, I don't want the Forex drama in the Futures prop space. We've been quietly taking our profits and don't want the wild wild west that has become Forex Prop Trading. However there is a good opportunity for those looking to transition and maintain income they may lose from the Forex.

[@applejackzo]

!!

[@BKForex]

Forex has been around for decades. Futures longer. Both are viable alternatives if done the right way

[@justinus]

I think they ban those who use EA

[@jitukukadia7470]

Does MFF will come back?

[@funwithhumo2263]

MFF business accounts are still frozen. No update as of yet as to when if ever business will resume, which seem very unlikely. So until these freeze orders are lifted, no.

[@BKForex]

I dont see this happening

[@themillennialteacher333]

Audacity Capital will still thrive no matter what happens in the prop firm industry.

[@LuckyZach_Trades]

@BKForex 4:39 the issue with the futures prop firms is that they use a trailing drawdown, which makes them a hundred times harder to pass, and on top of that they charge a monthly subscription instead of a one time fee. On its own, the subscription fee would be fine, but with both the monthly fee and the trailing drawdown they make it basically impossible to pass, it just isn’t worth it to go for a futures prop firm. I wish they would just use a daily and max drawdown like in forex firms, but will a trailing drawdown it’s almost certain you will fail challenge. :/

[@BKForex]

Depends on how you trade - we've had multiple traders pass the prop test - you can watch my video on how I did with APEX without ever hitting the DD issue -B

[@simonj007]

DXTrade is poor...

[@Taybaby2000]

It's a GOD AWFUL PLATFORM...busy interface for no reason..chart is hard to move around..terrible screeching sound when executing a trade...

[@BKForex]

The platforms are all poor replacements for MetaTrader but Tradingview is amazing so hopefully there will be better integration going forward as prop firms drive the platform's changes

[@Taybaby2000]

@BKForex TradeLocker is pretty amazing But it's ofcourse powered by TradingView

[@russhorn9031]

Scammers can continue to scam their customers. Remind me again why is this good news??

[@michaelcooke7103]

It all boils down to the us government doesn’t want us trading CFD’s with leverage. It’s completely BS

[@AdellesAK47]

It has nothing to do with CFDs, because you're not trading CFD's. You're trading a simulated account with fake funds in all stages of the challenge and "live" account. In other words, you're trading the equivalent of digital Monopoly money, so it's comical when people claim it's CFD's.

[@chrisfinley5529]

@@AdellesAK47 what about when you pass it

[@dacri7160]

same, it is all simulated

[@Thaprince9]

CFDs are still illegal though. Why?? ​@@AdellesAK47

[@beanrkar]

@@dacri7160 yeah and you'll also receive a simulated money.

[@esnqfx]

Kathy you are cute, but APEX is a scam. they paid my 1st withdrawl of $200 but never paid my 2nd payout of $2100, stating violation of TOS without explaining what i did.

[@augr9095]

5:26 "Axi, one of the worlds top brokers" If Axi is one of the worlds top brokers how come "This content is not available for AU, NZ, EU and UK residents" and how come "You can't open an account at Axi if you live in the United State"

[@masonridgewell8063]

Because the world consist of a lot of countriues. And secondly, Axi has a FCA license. In fact they got more licenses which allows traders from all over the world to open accounts. That includes UK+EU, AU, NZ etc. Most brokers do not accept USA anyways. The USA has sh**y regulations with limited options for brokers. Most countries except the USA and a few (Iran, north korea etc) can open with Axi.

[@BKForex]

Great answer

[@chikujena8422]

Funded Engineer has finally given the refund 👍✅

[@bongumusamasondo9287]

Can I purchase a new account now,is it safe to do so?

[@bongumusamasondo9287]

Iam not from us Resident

[@user-ci4qg9sz3s]

I don’t believe it ! Don’t fall for it traders this seems generic 😂 read it out loud ( funded Engineer has finally given the refund) say less as possible is how to cover up a lie

[@bongumusamasondo9287]

Which prop firms you recommend right now cause I need to purchase one very soon.

[@user-ci4qg9sz3s]

@@bongumusamasondo9287 not in the US ?Then FTMO is by far the safest option I’ll reiterate stay away from funded engineer.

[@lifebullmans8154]

Till the day thise prop firms will not learn how to make money from their profitable traders and form harvesting data, they will never be able to survive legitimately. Those tones of restrictions they impose show the obvious. They want their traders to fail. I have a prop account (100K). I can make more than I do, but I don't... leave you to figure out why.

[@Ourhomeonearth]

It’s all about Russia and Ukraine war so silly so hopeless with usa . Silly country

[@michaelaldan4354]

First you guys got trump...and now this....damn...US looks after their citizens hey....lol

[@rocketbunny0989]

tell me u are annoying grandma in real life without tell me u are annoying.

[@misterwallstreet4300]

Funded Engineer is back!!!

[@user-bk4od1in2i]

I’m still having an issue with them jury is still out as far as I’m concerned

[@BKForex]

Moving in the right direction