Nearly no firm is really offshore located on their head office, when you look on the locations below. In this article, we are going to go through where proprietary trading firms are located throughout the world. You can see where prop firms are ...

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These are probably gone and next target. Better to avoid the prop firms below listed, at least until the dust settles. In this article, we are going to go through which proprietary trading firms listed on our website are located in the USA. You can ...

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Here is claim in full: UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEW JERSEY Commodity Futures Trading ) Complaint for Injunctive Relief, Commission, ) Civil Monetary Penalties, and Plaintiff, ) Other Equitable Relief ) v. ) Jury Trial ...

My Forex Funds - Discussion/Q&A

So no way that MFF can get out of this on 9/11. They are offering clearly CFDs on their own server for trading.

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Sorry, you are right. They do not offer CFDs in the USA. Just seen they have different entities. Firm’s customer business Types of customers: institutional, ECP and retail. Markets and currencies traded: Foreign exchange currencies select spot ...

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Of course they do, just go to their website and see what they are offering to trade within the US. image

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There is still Oanda in the US and they are offering CFDs and also CFDs on commodities too, but are they paying some fees to CFTC for that kind of "futures" trading ?

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He spent a lot of money, the CEO of MFF cannot trade it seems. Not to mention why did he not invest in SP500 or any other longterm strategy, he could already made a decent return in the last couple of years. If he really could trade, out of $100 ...

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UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEW JERSEY Commodity Futures Trading ) Complaint for Injunctive Relief, Commission, ) Civil Monetary Penalties, and Plaintiff, ) Other Equitable Relief ) v. ) Jury Trial Demanded ) Traders Global ...

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Kazmi has used the proceeds from the Traders Global fraud to fund a luxury lifestyle. 74. In April 2022, Kazmi paid $1.6 million to purchase a Lamborghini Aventador at auction. In December 2022, Kazmi paid $3.3 million for a Bugatti racecar. 75. In ...

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Here are the detailed CFTC claims attached. { personal information deleted by staff, per request }

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Now we know all the numbers and practices. "Defendants’ scheme is a profitable one. During the Relevant Period, Traders Global took in approximately $310 million in customer registration fees. During the same period, Traders Global paid out ...

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I think I read somewhere when it comes to court in the US and CFTC or government body is involved the chance that the other side (MFF) wins is low single digit percentage.

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I mean the damage is already there. No one would ever trust MFF anymore. They would need a lot of time to rebuild their reputation. Who wants to spend any fresh money on new challenges with MFF ? No one. And then they are just a matter of broke. ...

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Yes, I want my 10k payout. Then I do not bother anymore. I just move on and trade on other props until they are gone too.

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With " leveraged retail commodity transactions" the CFTC means the CFDs on products like Gold, Oil, Dow Jones for example. That is not allowed. Only Futures are possible, which then are under CFTC law. The more I read the more I get the impression ...

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Yes, like the DOMINO EFFECT. If the biggest fail, the smaller ones come after. The next one would be TFTP for sure who they want to shutdown.

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I think it is impossible to get this regulated in the USA. They see an unregulated FX broker at MFF. And they are running also like Casino with their challenges. No way they will allow any Americans to the prop thingy. As consequence they will also ...

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I found this passage to be very problematic: "handicapping the extremely small number of successful customers to decrease customer profits and increase customer losses." I mean it is clear, that consistent profitable traders are low single digit ...

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