The Funded Trader has a huge problem...

[@ThePropJournalist]

Today TFT temporarily paused operations, with relaunch date set as as 18th April 2024 twitter.com/PropJournalist/status/1773315647121858743 I will be releasing another video covering this situation in depth.

[@sadako2009]

god bless..

[@yanaj7572]

Angelo is fraud, partying in Miami while banning people and denies payouts for no reason. Was lucky to meet him in person, asking why he denied my payout. But this coward gave bunch of promises and quickly disappeared. We got to fund the way to hold him accountable for fraud and stealing.

[@MDFinancialSkills]

This is a great summary, thank you. Unfortunately I think the writing has been on the wall for TFT ever since My Forex Funds was shuttered by the CFTC. Even if TFT survives the migration issue and everything else they are dealing with, a showdown with the CFTC still seems likely. Personally, I'm sticking with futures prop firms until everything blows over.

[@ThePropJournalist]

The possibility of regulatory action is definitely something to think about, especially given the surge in customer complaints that will give attention to the firm. I do hope TFT can get through these issues and get back to normal, it's best for everyone if they do, but time will tell. Futures is definitely a smart diversification, I'll make sure to cover futures firms soon!

[@othmanesaoud8457]

​@@ThePropJournalist ما هي افضل شركة للتمويل حاليا بالنسبة لشمال إفريقيا، أرجو الرد .

[@xb-e-a-s-tx_-3574]

Haven’t had any payout request rejected personally, but haven’t had a stable trading environment for more than a month now with the migrations. Dx has been completely unreliable w very high slippage, requested a platform change from the start but still haven’t received it. The team has been generally unresponsive and the promo codes they offered as compensation don’t work. Have been taking 90% of trades on my live account

[@youngtone843]

Manually close trades lose 10 pips which is crazy

[@xRageAgainstMachines]

Glad to see someone talking about it. Angelo has most of the industry in his pocket it seems with how quiet influencers and accounts have been

[@ajoflow]

I think the problem is that the 3 equity markets that get traded(nas, sp, dow) have had a massive sustained bull run for several months and many traders have just been yoloing with it. I’m sure that’s putting a lot of stress on the more widely used firms.

[@conilmionomecripto]

A ton of accounts, and mine too, were wrongly breached during an update over 3 weeks ago and we are still waiting for a miracle at this point.

[@terryhelliker118]

Exactly!

[@Malware77]

True

[@HM-yh6ys]

Does this mean that the ratio between profitable and non-profitable traders on tft is out of whack, meaning they have too many profitable traders so they can't pay them all?

[@Abhishekmaurya097]

I think so

[@ThePropJournalist]

Only TFT know for certain - from the outside it looks like large costs from the recent industry turbulence, combined with falling sales due to increased competition, then very unclear gambling rules that are getting enforced by risk management have created the situation we have now.

[@TheNameIsFreddy]

They will probably start adding consistency rules like futures prop firms have. So you can't just make 10k in 1 day and then have 0.01 lot for the rest of the days.

[@ThePropJournalist]

That's a likely possibility, and would be an inconvenience, but if the rules are clearly stated it's a much better system than the unclear gambling rules.

[@TheNameIsFreddy]

@ThePropJournalist it's bound to happen. They can't keep paying the people that had 4 lucky trades in a row to then take out 5 figure payouts.

[@chartingwithliv]

Thank you, its soo annoying we have not been paid

[@LukaszAdams]

So all good when you gambling this challange and lose but when you start win and want money from prop firm this not good.

[@ThePropJournalist]

That's the issue with the gambling rules, like you say it's only when traders reach a payout that risk management intervene

[@theUltimateLord]

Ive had countless issues and i lost a challeneg account because i coulsnt log in while i had a trade going on. I also got logged out very frequently while i was trading and blew the accout. I wanted to get my refuns but after several emails, they never responded. I think theyre a scam

[@goggles8405]

Such unfortunate news, the things that have been happening in this industry... Grateful I can rely on people like you to provide a truly unbiased and neutral take on what's going on 😊

[@THECABSOURHERE]

They finally shutdown scammers

[@albevisser]

And now TFT is gone!

[@danielhaile3689]

False breach after migration? TFT still has not responded over 3 weeks now.

[@ThePropJournalist]

What did the breach say it was for?

[@danielhaile3689]

@@ThePropJournalistmax loss breached :) 100k account The account is in profit over 1k, even shows on the dashboard. I can’t be the only one with this issue

[@ashishnaktode1596]

TFT just pauded there oprations for 21 days ehat does that mean???????

[@kovrochist_ua]

scam

[@YOU-my5jg]

It means they paused operations for 21 days, maybe more or they are never coming back.

[@kovrochist_ua]

@@YOU-my5jg no, it means it is scam adnd they are neve comming back as a Skilledfundedtraders where CEO is one person

[@No.1Trader]

I received a mail that my agreement is being terminated effective immediately with out any reason. And one of my payout is still pending for $1500 . Recently their website I can't open for 21 days. Kindly help if anyone can !

[@fernankinor7470]

Omg... TFT is falling why no body is talking about it ?? 😢

[@arpsfx1]

have recieved over 50k in payouts this year, but for the last 3 weeks have been waiting for a 15k payout

[@arpsfx1]

my experience so far has been wonderful ive used them for over 2 years just a little annoying all my hard is not being paid for. but i hope they come back up becuase out of all prop firms they are the best

[@7citiesgamingleague208]

Just made an amazing gold play, buying in at the end of Feb 2024, until now April 2024. Probably my best move in the entire year only to find out I will not get my earned payout or initial investment. Definitely feel like I just got scammed soo hard. I have over 4k in there with them.

[@nicholasgreen4500]

Still yet to receive my payout , I have a live acc and I made a request and still nothing is reflecting in my account,

[@angus3963]

Sales go down due to US ban on Prop Firms, well then, guess TFT had a buisness model that was soley suppoerted by tons of people buying challanges and failing. Good riddence. The whole risk desk issue is a MASSIVE conflict of interest and again based on the fact that the can make wages off of people failing challanges, otherwise they need to find any reason to deny a payout so they can get paid, unreal. At this point I wouldn't touch TFT with someone elses money, unethical business pactices on a broken buisness model.

[@vjchallenger8535]

Anything about bespoke lately ? Been having late payouts

[@wednesdayaddams4058]

I requested a payout for 10K on February 28th, and it still hasn't been paid since then.

[@dheerajreddy2302]

They dint deny my payout but they are not paying either it’s been a month and no proper response my ticket has been open for 3 weeks …. Discord mods ask us to email support and the support never replies …. Even in funded results on discord doesn’t show a single payout in the last 15days … as far as I know TFT is about to pull the rug

[@williamgabriel1193]

Uma regra que eu nunca aceitei era a REGRA da noticia . 2 minutos antes e 2 depois, não ´poderia operar . fiquei 15 horas numa operação, para perder uma conta, Já aprovada financiada

[@bernardmutethia1986]

you didn’t even mention the fact that they are breaching funded accounts for no reason whatsoever. TFT is a scam , don’t bother buying their challenges. I have been waiting for my payout for a month now haven’t received anything

[@ThePropJournalist]

I apologize for not making it clearer in the video, you're right, accounts are getting breached for no reason as well as being breached and banned when requesting payouts.

[@teewooshit]

I brought an account last week now the whole website is down, will I get a refund

[@kovrochist_ua]

i think no. it is scam

[@amazonassociates5809]

I bought a challenge yesterday 27/march today tft have been not operating so I didn't receive my account and my money is gone as per now or maybe forever 😢😢

[@GABSTeixeira]

Nice DUMB

[@safiullah4120]

Now tft shutdown

[@mikesamphet8017]

Woke up yday and couldn't find my evaluation account again. Just tired 😢

[@warrlgkyt2681]

Great...🎉

[@siumsupremo]

Hi, you shared my email in your video (without my consent). I don't mind my screenshots being used, since they are there to expose what's happening with TFT, but would be nice if you could at least blur my private email since it's clearly visible in your video.

[@ThePropJournalist]

Hi, the screenshots used in this video were already publicly online, so it was assumed any details showing were ok with being public. However I understand your concern, so I can blur your details if you reply with a timestamp of when they come up or if you prefer you can email me the timestamp to [e-mail] and I'll get it sorted asap.

[@siumsupremo]

Hi, english is not my firsy language so I hope I didn't sound rude in my previous comment. The screenshot in question would be at 0:21, the second to the left. Anyways keep up with your amazing work, also in regards of this matter (if you need it) I can provide all the convo with TFT alongside to the full mt5 report (+ the only 2 trades I had the opportunity to take on Dxtrade before the manually breached me) to enforce the claim that their manual breaching has nothing to do with that they call gambling (as I was in the King's program and I was risking 0.3% a trade, with an average of 6/8 trades a month)

[@ThePropJournalist]

@@siumsupremo Don't worry about it, I just wanted to make sure anyone reading understood that I hadn't uploaded any privately shared information publicly. I have blurred your details in the video. I'm very sorry to hear about the issue you have had with TFT, I hope it can be resolved.

[@siumsupremo]

@@ThePropJournalist Thank you, well the situation will not be solved by TFT as they clearly started to fraud all the long time funded traders like me. But a CFTC complaint has been filed so that now these fraudsters will have to deal with them

[@ahmedalkitbi4801]

They are so bad prop firm this days . Losing lot of customers

[@EmeyD34]

Angelo is scammer.

[@Nadimimani]

Hi Are you related to My funded FX? I never saw you talk about their issues? The CEO of the MFFx does what he wants! Now he's looking to prohibit news trading!

[@ThePropJournalist]

I'm not related to any prop firm. I covered issues with MFFX in my last video.

[@misterwallstreet4300]

❤funded engineer ❤

[@movingaboveaverage6516]

my discount code didnt and doesnt work to this day 🤣they said try monday its been 1.5w+ since

[@ThePropJournalist]

Which discount code?

[@movingaboveaverage6516]

@@ThePropJournalist 25% off 200% refund 95% split for life 2 times use , never worked but they shut down thankfully i didnt buy

[@mauricegumusel]

This litterly started 1 day before i passed my challange. I requested a pay put 5 days ago. Still pending. Hopefully everything goes right

[@ThePropJournalist]

Yes hopefully you will get paid, 2-4 weeks is the timeline TFT has given but we will see

[@РоманВолынец-ю9ъ]

It you had i trade with risk more than 2%, you will not get paid

[@dantemina1335]

@@РоманВолынец-ю9ъ?