where funding means the 90% suckers fund the payoffs for the 10% winners.... YES but then asking such pointed questions means you are either...
HOPE one day regulators will crack down on this
The big criticism about these "new mushrooming prop firms" including even established one like TST or FTMo is1) Test fee hamster wheel 2)...
1) Pure prop is where either you are recruited for your trading or other skills ( math software etc) where you trade their money WITHOUT ANY...
my apology i was referring to this company instant funding https://tradefundrr.com/futuresdaytrader-instantfunding/
So when you said joined, you mean test with fee or direct funded a/c for 399?
it is not skepticism, common sense,,, :(
why even bother risking $50? when you have regulated options also consider US based Event Contracts via IBkr or many other futures brokers in USA
If a fool is ready to allow scammers to fleece him /her who are we to object....:banghead::banghead::banghead:
you can do that on demo of Nadex regulated in US
unregulated, does not even say where they are based
Although the FX/CFD brokers ( Market Makers) are regulated in large jurisdictions the new arm of theirs (Prop) are not based in same country.....
Yes true and not only that see if you can choose a broker who is in such a jurisdiction which has some Client Money Protection,,,For OTC product...
So if regulated FX /CFD ( depends where) can go out of business what chance a client has to recover any thing from a non regulated thinly...
If A major regulator like ASIC suspends a License according to you the broker is still good and people should risk their deposit? So do you...
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