True Forex Funds Shut Down Today - No Payouts!!!

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The Moving Average

The Moving Average

Күн бұрын

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Пікірлер: 132
@J123G
@J123G 12 күн бұрын
Its amazing these modified ponzi models stay in operation as long as they do. These firms can shut down when the out going numbers catch up with incoming numbers. After a short break they can reopen the same business model under a different name and build it up again. It should be illegal but the fact that payouts occur for the time they're in operation makes declaring them an all-out ponzi difficult. What we don't know is how much cash reserves actually exist at the time they shut down ..... which is likely their intention from the start.
@DevanDoe
@DevanDoe Ай бұрын
FTMO is still the safest bet but there are many countries that are restricted of registering on it
@RashkaRed
@RashkaRed Ай бұрын
Purchased 10k account on August 2023, was in deep drow down by the end 2023, changed some rules, updating my system on my trading ways risked 0.5% per trade. for four months with strict rules passed phase one, just in last week remained 1.7% to finish phase 2 , now this news comes up of shutting down, like they have to know 99dollars is big deal to others put all my time and energy in this industry for this scammers
@TheMovingAverage
@TheMovingAverage Ай бұрын
☹️
@abdullahchaudhary5475
@abdullahchaudhary5475 Ай бұрын
People start trading to become financially independant but ends up as slaves of these propfirms. Shits Trade your own capital, even its small... Savings will provide you with the capital over time. These Propfirms mainly formed to lure the greedy gamblers
@mmhthree
@mmhthree Ай бұрын
I totally agree.
@Journey2JannahDXB
@Journey2JannahDXB Ай бұрын
What is the best propfirm
@TrdLore
@TrdLore Ай бұрын
as someone that works in a company that twit was probs from an employee that didnt know they were closing until the next day fr so it is whatever employees can only follow orders from higher ups.
@t2thek
@t2thek Ай бұрын
If you are in the US you need to trade futures. Stop going to these stupid forex props.
@TheMovingAverage
@TheMovingAverage Ай бұрын
Everyone is entitled to their opinion
@chidexkofi
@chidexkofi 29 күн бұрын
I respect you for bringing up a problem and a solution to it
@TheMovingAverage
@TheMovingAverage 29 күн бұрын
Thank you 😊
@thearmeddiyer9343
@thearmeddiyer9343 Ай бұрын
I have no interest in being a funded trader but I trade on a micro account of my own funds. My question is, how can someone vet out a funded prop firm to know how they are managing their money on the inside? How would someone know whether or not to avoid a specific prop firm?
@Journey2JannahDXB
@Journey2JannahDXB Ай бұрын
Love you so much
@TheMovingAverage
@TheMovingAverage Ай бұрын
Awe thanks ☺️
@SoulLexiol
@SoulLexiol Ай бұрын
Never heard about any of them. Why trade with unknown places?
@INITIAL-AS
@INITIAL-AS Ай бұрын
How to detect prop firms which do not chaneling the funds to real market?
@lesselavie7675
@lesselavie7675 Ай бұрын
thanks bro
@TheMovingAverage
@TheMovingAverage Ай бұрын
No problem
@YoungTrash-ro1ip
@YoungTrash-ro1ip Ай бұрын
Which prop firms A Book?
@Cartoon_Network_official_cno
@Cartoon_Network_official_cno Ай бұрын
Which one is best what you think
@GetEmGaming
@GetEmGaming Ай бұрын
Thoughts on clarity trading?
@TheMovingAverage
@TheMovingAverage Ай бұрын
Never heard of it
@FuturesBrizio
@FuturesBrizio Ай бұрын
Does FTMO use this model?
@EmErGeNCyKillZz
@EmErGeNCyKillZz Ай бұрын
As bad as this situation is, and as scammy as they are, they did tell everyone they had liquidity issues a few weeks ago, its not a surprise
@TheMovingAverage
@TheMovingAverage 29 күн бұрын
👍
@DaviesAlphonso454
@DaviesAlphonso454 Ай бұрын
i am so glad that i landed on this guy channel bc trading is hard and ARTY makes it easier , ilove ur videos man , i started watching them 2 weeks ago and now i still watch 15 to 20 video per day and demo trading too 🤸‍♀💛
@TheMovingAverage
@TheMovingAverage Ай бұрын
Keep it up
@tommyduke7104
@tommyduke7104 Ай бұрын
No need to use prop firms. Start with your own funds and use a regulated broker and work your way up.
@TheMovingAverage
@TheMovingAverage 29 күн бұрын
👍
@felixmorales1858
@felixmorales1858 Ай бұрын
Are you seeing a pattern yet? While conceptually a great idea for traders, prop firms are scams at large. Just trade your own account slowly and grow it over time. Stop wasting you hard earned money at these fly by nights.
@pad550
@pad550 Ай бұрын
They owed me $2000 which isn't even a lot, and dragged it out for over a week until they filed for closure. Probably never going to see that money again, but surely it must be illegal to just forego payouts when so many payouts are still pending
@TheMovingAverage
@TheMovingAverage 29 күн бұрын
Sorry to hear that
@FuturesBrizio
@FuturesBrizio Ай бұрын
Why didn’t they do it the “right” way? Sending trades into the actual market.
@DjDanHolloway
@DjDanHolloway Ай бұрын
so do you think these firms are gaining too many profitable traders compared to people losing challenges? it seems the funded trader were going well until people were getting $20k+ payouts and it all went downhill? i really cant understand how these firms can run out of money
@flameelement2402
@flameelement2402 Ай бұрын
Any prop firm recommendation besides Funded Pro?
@TheMovingAverage
@TheMovingAverage Ай бұрын
It’s the only one that I use
@MyrexPinili
@MyrexPinili Ай бұрын
hello sir, what can you say about FundedNext?
@TheMovingAverage
@TheMovingAverage Ай бұрын
Nothing, I’ve never used them
@rufdymond
@rufdymond 29 күн бұрын
As some who’s been in this trading game a while, none of this surprises me, in fact I’m surprised the roof didn’t start falling in sooner on all these firms. My intention was always to get as many funded accounts as possible before everything when to shit. Prop firms have been great for me as it’s enabled me to fund multiple accounts of my own, which was always my plan…..
@TheMovingAverage
@TheMovingAverage 26 күн бұрын
Thanks for sharing
@ashch4811
@ashch4811 Ай бұрын
What about the 5ers? , I'm trading in their services
@TheMovingAverage
@TheMovingAverage Ай бұрын
I have no idea never use them
@gurpreetsingh-im3hk
@gurpreetsingh-im3hk Ай бұрын
Funderpro has one problem that is only payout inUSDT which not allowed in our country
@TheMovingAverage
@TheMovingAverage 29 күн бұрын
😢
@user-lf7en3tl5l
@user-lf7en3tl5l Ай бұрын
Why is that the case? I always thought they copy YOUR trades to their accounts, which are real and made money with your trades. Why are they not doing it like this? I don't understand it . That they will fail only with the broken challenges is not a secret. I think everyone would know that
@miskosadibol5665
@miskosadibol5665 Ай бұрын
hi dear man. how the real prop firms gets real money for trading for traders, that millions of money? can ordinary people provide their money to some prop firm and make win-win? so prop firm will have another money and ordinary people will have better profits, even in falling markets?
@lucashideoivanaga8376
@lucashideoivanaga8376 Ай бұрын
Thoughts on The5ers?
@TheMovingAverage
@TheMovingAverage Ай бұрын
I’ve never used them
@Ethiofxstrategy
@Ethiofxstrategy Ай бұрын
This help so much 10Q ❤❤
@TheMovingAverage
@TheMovingAverage Ай бұрын
Glad to hear it
@user-tv6vx9ki1e
@user-tv6vx9ki1e 28 күн бұрын
Hi friend, I need your help. I trade forex and I have more than two weeks trying to find a secure and reliable funding account that allows me to use the Meta trader platform... which ones do you recommend?
@TheMovingAverage
@TheMovingAverage 26 күн бұрын
If you’re in the USA hard to find them
@haoever
@haoever 29 күн бұрын
At this point who is the real prop firm? I'm sick of prop firm failing and their web base trading app is not working well
@TheMovingAverage
@TheMovingAverage 29 күн бұрын
👍
@patrickglogovcan1235
@patrickglogovcan1235 19 күн бұрын
why not execute real trades on the market?
@TrendMasters360_
@TrendMasters360_ Ай бұрын
What prop firms do you use?
@TheMovingAverage
@TheMovingAverage Ай бұрын
See the description of the video
@Nathan-om8es
@Nathan-om8es Ай бұрын
I have learned a lot concerning crypto progress this time and would like to join in. I wish I can get a good mentor
@gamedesign007
@gamedesign007 27 күн бұрын
who is the next?
@liam-n8098
@liam-n8098 Ай бұрын
Who would of thought? “ prop firms” make money off you losing
@4angless
@4angless Ай бұрын
What about FTMO?
@TheMovingAverage
@TheMovingAverage Ай бұрын
I don’t use ftmo
@abillzonapolitano7004
@abillzonapolitano7004 Ай бұрын
How about Exness?
@TheMovingAverage
@TheMovingAverage Ай бұрын
Never heard of them
@thedefibull9375
@thedefibull9375 Ай бұрын
unfortunately, you cant guarantee that a good trader that passed all the challenges will not blow up the firm's real funds. There is another model that Im trying to build which can make everyone happy and keeps the firms away from the bad surprises. But the copy paste is blinding peoples eyes and forbidding them from thinking out of the box
@booniebabie1210
@booniebabie1210 Ай бұрын
Remember rule 1, if it sounds too good to be true, it is.
@frankoniko8158
@frankoniko8158 Ай бұрын
This has left a bad taste for thousands of traders involved in prop. Even thought you could say..so what most are gamblers and not real traders. Still not cool they keep taking people's money till the last minute, then pull rug out..criminals
@TheMovingAverage
@TheMovingAverage Ай бұрын
Not cool at all
@mamadousadadiallo9179
@mamadousadadiallo9179 Ай бұрын
You have to migrate to future trading it’s more safe
@TheMovingAverage
@TheMovingAverage Ай бұрын
I know, right
@Precious_wealth
@Precious_wealth Ай бұрын
I think the best Prop firms are those who have been in the market for a long time
@RB-kp1tw
@RB-kp1tw Ай бұрын
Isn’t funder pro not trading in the real market either based on their terms of service: “4.1 The Services offered include providing tools for simulated foreign exchange trading in the FOREX market or simulated trading with other financial instruments on other financial markets.” “4.2 The simulated trading uses financial market information, but you acknowledge that any trading carried out through the Services is not real. The funds provided for simulated trading are purely fictional and you have no right to keep or use these funds outside of the Services. You acknowledge that these fictitious funds cannot be used for actual trading and you will not receive payment for these funds. Unless explicitly stated otherwise, you will not receive any compensation or profits based on the results of your simulated trading and you will not be responsible for covering any losses.”
@asimbilal47
@asimbilal47 Ай бұрын
heyy you look thinner, is everything okay with your health?
@TheMovingAverage
@TheMovingAverage Ай бұрын
Doing great thanks for asking
@samashton9128
@samashton9128 Ай бұрын
FunderPro for the win
@TheMovingAverage
@TheMovingAverage Ай бұрын
👍💯
@cjdigitallife7611
@cjdigitallife7611 19 күн бұрын
Now Surge Trader got issues, 😔 I signed up with another now.
@TheMovingAverage
@TheMovingAverage 17 күн бұрын
Yep, they’re done too
@digger5521
@digger5521 Ай бұрын
Beginning of the end , 1929 revisited .....😢
@_marcusthetrader_
@_marcusthetrader_ 27 күн бұрын
Guys just stop messing with these scammy forex prop firms and switch to a reputable Futures prop firm, please.
@TheMovingAverage
@TheMovingAverage 26 күн бұрын
There’s a few forex props left you can use
@only1moyan809
@only1moyan809 Ай бұрын
We don't care about real money because it's not ours anyway
@njaphs
@njaphs Ай бұрын
Lets say the traders in my prop firm are making more money than the money im making from challenges. I would also cash out before i ran out of money. A prop firm has to have a way of making money from their profitable funded traders... otherwise this space is doomed.
@BrislanePowell
@BrislanePowell Ай бұрын
Thanks for continuing update 👍I'd rather trade the stock market as it's more profitable. I make an average of $35,700 per week even though I barely trade myself.
@TheMovingAverage
@TheMovingAverage Ай бұрын
Congratulations 🎊🎈🍾
@sarder2008
@sarder2008 29 күн бұрын
The funded trader is still active.
@manggala1107
@manggala1107 28 күн бұрын
Why suddenly no voice at all?
@TheMovingAverage
@TheMovingAverage 26 күн бұрын
I don’t know
@factor2634
@factor2634 Ай бұрын
Only the good ones will remain
@TheMovingAverage
@TheMovingAverage Ай бұрын
This is true
@beautybymo7432
@beautybymo7432 Ай бұрын
I can only trust a firm that will not ask for a fee to join. I wonder if any such firm exists. Maybe there should be a firm that allows you to sign up on their platform, trade with your own small funds first, then if you are consistently profitable they fund your account with larger capital. Does this make any sense?😂😂
@DiamaAlkaline
@DiamaAlkaline Ай бұрын
Ohh my God
@CarlosLopez2320.
@CarlosLopez2320. Ай бұрын
What bout fxixy? Or anything that been in the game for years and is reputable
@TheMovingAverage
@TheMovingAverage 29 күн бұрын
I don’t know
@D_balor3
@D_balor3 Ай бұрын
❤❤❤
@TheMovingAverage
@TheMovingAverage Ай бұрын
Thank you
@BeeLayzTv
@BeeLayzTv Ай бұрын
Wow 3/3 on scam prop firms. Fuck me hahah
@TheMovingAverage
@TheMovingAverage 29 күн бұрын
☹️
@andreigallo4433
@andreigallo4433 Ай бұрын
😂
@FXCassidy
@FXCassidy 2 күн бұрын
What prop firm should you use
@TheMovingAverage
@TheMovingAverage Күн бұрын
In the description of this video
@moo-mooha
@moo-mooha Ай бұрын
@TheMovingAverage
@TheMovingAverage Ай бұрын
👍
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