No I didn't say that, I said they were what's called clipping, skimming, call it what you want, if they were taking 0.5 or whatever extra off all the STP trades that obviously came out of the pocket of the winning traders. That extra 0.5 belongs to ...

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Comes down to individual risk tolerance and parameters. Then there is the old saying of "buy when there is blood on the streets". The show ain't over until the curtain comes down. You don't stop milking the cow thinking it won't produce milk soon, ...

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Sorry I replied to wrong person but anyway yes agree slippage is part of life but that isn't the case here they load extra onto the quotes on the STP guys. I don't think it can kill the strategy but for some (scalpers) it has to be factored in if ...

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Comes down to individual risk tolerance and parameters. Then there is the old saying of "buy when there is blood on the streets". The show ain't over until the curtain comes down. You don't stop milking the cow thinking it won't produce milk soon, ...

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It's the price of a SL for many in the west. Best form your own opinion. Everyone has different ideas of what constitutes "good & bad". image

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His status wasn't the point of the post, which is why I gave a time stamp. I said the stats at that time point were interesting, no care for how many billions. The data is relevant only.

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If we can now move beyond MFF. This guy has $2.7M of challenges running concurrently. The stats are interesting at the 59 minutes 16 seconds mark. url

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They can STP every challenge winner but with pre set parameters, individual profiles, so the guys who they think just "got lucky" for example can be set at 10% of original trade size and guys that their risk team consider to be safe hands can go ...

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[quote=Capablanca;14560788] They only put real money for STP traders (profitable traders and a "risk" for them) For example, if you had a 200k account with a 24K DD they would deposit 24K in the real desk account. From then on this would be the ...

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I think if the guy is supposedly batting for your own team you want him to have the most favourable conditions possible. Remember the strap line "If you win, we win". You don't make it more difficult for him. I know at least 3 brokers that between ...

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This is how I feel too. And I am trying to be devil's advocate with the situation as in general the expansion of the prop space has been good for lots of people whether it has been a necessary evil or just makes sense from a risk perspective but it ...

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I agree partly, most regulation is to keep the little guy's fingers out of their pie but it is also difficult to ignore the line (paraphrased) " If you win, we win". When actually they were hoping the winners of challenge fail and not receive even ...

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I fully agree but from everything we see and have witnessed in the last couple of years they seem not to be able to resist resorting to the dirty tricks and we do need some sort of authority to keep tabs on that type of activity, perhaps a ...

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[quote=Capablanca;14560380] MFF operation was disclosed, confirming our suspicious in this topic. And that happened because they made the "mistake" of being in Canada. Probably US companies will suffer the same. Does anyone believe that authorities ...

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Moving offshore will likely make it far easier for the "dirty tricks" side of the operation to be kept behind closed doors? It's a double edge sword in many ways. We know how the core operation works in terms of challenge failed fees paying for the ...

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I think there is a workable model for sure and I would not be surprised for one of the big regulated brokers to step in and have their version before much longer. It's a large market share I'm sure they will only be too keen to explore if the ...

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What is evident in the case of MFF is the investigation hasn't been a 5 minute affair. They have got their ducks in a row and accumulated approx 2 years of damning evidence. This could well be the situation for other "Prop" firms too who operate the ...

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Yes it probably won't be easy but surely better to try if you are customer of MFF. People will feel silly if they just accept MFF side of story and it just turns out they used as an excuse to liquidate everything and scarper, good cover story. Not ...

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Suggestion for people who are affected by the current status of MFF. Contact the regulators in Canada and USA as both have been cited by MFF as being involved in their situation. As customers of MFF you should be entitled to an official explanation ...

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By TFF you mean "True Forex Funds" ? "The Forex Funder" now shares the same abbreviation TFF.

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