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TrAndy1 replied Feb 17, 2024Voyage Markets [Angelo's upcoming entity] was registered in Colombia as hosting services, IT analysis, Data processing etc. Seems the idea is to have an eval propfirm itself. Not a gaming entity. Need to see when they launch, what exactly it is.
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TrAndy1 replied Feb 17, 2024You need to check with FTMO about the requirements with business entity signup. This would be the right time point as US resident now. If you need an office in Dubai too and another person as CEO of that company too for KYC later. And you are just ...
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TrAndy1 replied Feb 17, 2024See here, BG, FTMO, TFF, FTUK and other acceptable ones do accept business entity sign-up according to this link. Here you could enter as US resident too if you have a company outside US jurisdiction. You need to dig in more as I am not sure here. ...
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TrAndy1 replied Feb 17, 2024Also impossible to scale-in on a trailing Drawdown, because if you scale-in on a winning trade you are risking more of your profits (only), but this is not the case with a trailing DD, as it can go against you, all those profits come down will count ...
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TrAndy1 replied Feb 17, 2024I am not sure, but on most or lot of props you can enter as business entity. So you only need to form a Dubai or UAE company and then you can participate on all prop challenges, even you are US resident I am assuming. But not sure, it would be a ...
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TrAndy1 replied Feb 17, 2024To make an easy example why trailing DD is worse and how much. You go enter a trade with 10 points SL and 10 points TP so a 1:1 RR Trade. Normally you would say on random markets or movements there is a either a 50:50 chance you will make a profit ...
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TrAndy1 replied Feb 16, 2024If propfirms are offering / intending to offer DX Trade or CTrader or Matchtrader as alternate to MT for US clients, it is going to be shortlived. At best 6 to 9 months time.
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TrAndy1 replied Feb 16, 2024Smart Prop Trader sued their marketing agency Radical Company LLC [the company with which they have marketing and SEO agreements] for failure to deliver services. SPT is claiming 320,000 USD as damages. SPT has two separate agreements wit Radical. ...
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TrAndy1 replied Feb 16, 2024No surprise, but still a lot of props does not care about, that is too strange as it can cause only more troubles. image
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TrAndy1 replied Feb 15, 2024It seems that not even a day(s) has passed and 8cap is back with DXTrade and Purple with cTrader.
They are already missing our challenge fees. That was fast.Prop Firm Hub
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TrAndy1 replied Feb 15, 2024It is getting even more mad. No trustpilot so far, url Just TODAY ANNOUJNCED ! image
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TrAndy1 replied Feb 15, 2024If you think TFT and SFT new minimum distance rule to the end. It means also that no SL or TP cannot be less than 5 pips or 50 points under no circumstances. And any solution for that with market orders they will probably forbid too. So that you ...
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TrAndy1 replied Feb 15, 2024IC markets worlds leading FX broker does not have such a minimum distance stop or limit order rule, I just checked it. If they do not need it then those props are making worse conditions again than it is in real. Too bad. They are only forcing CFTC ...
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TrAndy1 replied Feb 15, 2024Does it also mean if you have Take Profit on your trade and your fill get executed on red news, that this bigger profit does not count too, if the original ENTRY order was placed 1 day or 2 hours before too ?
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