Funded Engineer: Another prop firm down (RAW TAKE)
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- Опубликовано: 6 июн 2024
- What happened to FundedEngineer? Is this the end of whitelabel prop firms?
I've been saying this again and again for months now. The proprietary trading industry will have a clean up - only the real and genuine prop firms will survive.
Next time you ask yourself, "Who is the best prop firm?" or "Which prop firm should I try?" Consider these:
1. Is the prop firm led by an experienced trader in the finance world
2. Does the prop firm offer multiple brokers and liquidity providers
3. Does the prop firm have 3rd party brokers - and not acting as their own
4. Where is the prop firm based? Dubai? US?
Most prop firm beginners get this wrong. Hopefully this video kickstarts your prop firm journey and avoid shady ones.
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If you want to get funded by a real prop firm, sign up here:
app.fundingtraders.com/
If you’re running a trade and you’re not following a set of prop firm risk management program,chances are your trading results would always turn out poor
Your trading results won’t turn out poor if you’re good at managing risk properly,if know how to close your losses short and if know how to handle your set up at best.
Traders get involved in buying pressure when the liquidity zone is below the demand zone which explains why they have poor trading outcomes
The major aspect of prop firm program is determining your trading strategy's win-loss ratio, and the average size of your wins and losses.
@NATHALIEJONES I have been improving on my risk management skills but cutting my losses short has been someway not so doable,what does it take to cut one’s losses short?
if you want to know how to cut losses short it’s best you seek the counsel of a trading expert. Truth is, The main reason that people lose money when trading is because they can’t cut their losses short. I indeed appreciate Brad cooper for helping me learn how to cut my losses short
Watched you for about 4 months, always seem upfront and honest. Good man. 👍
Soon as I started seeing all these firms pop up daily I knew things would get ugly. Prop firms were popping up like new RUclips channels. No active plans to A book long-term clients tells you alot.
My argument, I won a ph 1 and ph 2 with TFF, 100% wins in 8 trading days, first live, they spiked me and my SL was not triggered. They would make more from me on A book in commissions an profit shares. 2nd time I took a challenge, again 100% winning trades. The last trade went 0.02% over the daily loss, facing the challenge, despite all trades ending in wins...again, they could have A Booked me and made money
We appreciate the info you bring 💪 will definitely check out your prop firm
Great videos. To the point, no distracting music, and informative. Thank you!
protect this man at all cost😂
At all cost💯💯
Blue guardian is owned by a teenager 😂😂
Makes me want to sign up with his prop firm since he's more knowledgeable. Lol
Fr!!!! 😂
😂😂😂 I mean… please protect him because he is making his way to the most hated 😂😂😂
The most honest man in the industry .How much time do we have to see regulations on these kind of firms?
Regulations will be great. It will be tighter for the industry and costs offset to traders but it will be better policing overall.
@@FundingTraders You said in your video about regulations that prop firm challenges fees can go upto 30k for 100k account , is that still the case ?
@@FundingTraders Is what was posted in a comment below correct? :
" Yeah but the 2% is based on highest recorded equity and not actual account balance.
So for example, say you have 100k account and you place a trade and your floating 1:1 (1k in profit) and then you place your stop to break even.
Then let’s say your position goes up 3:1 so your floating 3k in profit but let’s say your not on the charts so don’t close your postion and then it retraces and stops you out at break even.
In this example you would lose your account because you lost more than 2% (of equity) in a single trade even though your actual account balance is exactly the same."
Tell me this isn't right, that would basically force you to close at a 3:1 and equity that's still in a trade isn't actual closed equity.
Glad to be part of the funded traders of funding traders
I TRADING YOU EITHER WIN OR LOSS BUT WITH MENONTRADE YOU JUST HAVE TO WAIT FOR FEW DAYS AND YOU GET PAID.
With over 10yrs in the hedgefund industry it's evident why he's very profitable in his strategy. His in-depth knowledge of both technical and fundamental analysis sets him apart as a skilled trader.
I used to lose my money when i traded on my own but ever since i started trading with Menon i have been seeing intense growth with my trading and overall pnl
PLEASE HOW DO I CONNECT WITH MENONTRADE?
Telegam
@MenonTrade
Love your takes on such topics Stan
Really insightful
Its hard to trust prop firms now.
no its not.. there are about 10 prop with own tech house and own brokerage ..
@@vladvld3433which prop firms? please
@@vladvld3433which ones
Who ? I need a new one
@@MH-lk2mm I’m with tft the funded trader, I hope they will hang on for me to get a few payouts
Could you please do a video of the prop firms that you are talking about (recommend) Love your content btw!
i'm just glad I'm on your team Stan
do you really look at all those charts ? I also like those speakers you have wow !
Yo raja the OG
@@User-po5yt Fake profile! Be careful @user
the best scammer is here!!! wow
@@sms9933 Who?
Why is your broker C-Trader? Why not MT5?
your message is really strong, I like it. I has using TFF and thats gone, do you think there is any prop firm who we can use or its better to start with small capital? Thank you
Another great video 👌🏽 Which prop firms would say are the top 5 right now that we can trust and trade with?
Don't trust anymore
It's best to do your own research and make your own judgement. Here are a few things to look at as mentioned in the video:
1. Who is leading the firm?
2. Do they own their own technology (dashboard)?
3. Do they have 3rd-party reputable broker options?
4. Where are they based?
@@FundingTraders you guys should have an Add-on to remove that 2% rule at checkout .........the whole 2% rule is to set you up for failure because it’s based on equity.
@@FundingTraderswhat are your thoughts on apex or top step for futures?
@@NCTradesI think future propfirms have nothing to do with forex propfirms
I can see the transparency in you as the boss of Funding Traders. You sold me I bought one of your challenges.
I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVISE ME ON WHAT TO DO?
Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...😊
All you need now is a professional trader esle you will continue making losses
It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
Interesting. I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?
That's impressive. Are you giving her your money or the money stays in your trading account? What's really the idea behind copying trades.
another one bites the dust , top man for keeping us informed stan 😀
Thank you for the honesty!!!
You gotta love this guy. He keeps it 💯
I'm not trading with you yet but I've been watching your videos and what I like so far is it does not seem like you try so hard to shove your own firm down our throats you just are honest and reprot what's going on and if you look at your company you can see its different and stands out as being more honest, well put together. I'll be starting the 200k challenge next Friday. Thank you for letting me know about TFF I walked away from them a while ago when I seen they were their own broker-- big red flag. One question I have is with 100% payouts what is FundingTraders source of revenue outside of course of challenge fees, is FundingTraders an A book or B book modeled firm?
Weldone Boss your are doing very well job Appriciate Thanks.
Hahaha where have you been man? I wish I had come across your channel earlier. Thank you for your insight and taking the risk and time to explain this to us.
You seem like such a stand up guy! you call a spade a spade. I will definitely be joining your company soon.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Rebecca Hickman
Hickman109 💯..that's it
Looks like your firm will be one of the best options for us as USA traders at the time being.
According to your FAQ site, you also have only one liquidity provider - CBT. So what does it mean?
We have two: Blueberry Markets and CBT Limited
Cool, I saw you updated FAQ 👍
Yes, it was outdated. Thanks for pointing it out!@@kamils2998
isn't blueberry basically eightcap?@@FundingTraders
FE had been offered 3 brokers for a long time. So I am ın doubt about that
Real as always brother
What other Prop firms fall under this umbrella?
Great video and purpose sir! 🦾
How many more days will it take you guys to open your platform?
What a guy, What a legend. That says it exactly how it should be said!!
What would be best prop firm?
Ones with their own liquidty and not whitelabelled.
Funded trading plus
Keep making these videos, very informative.
Awesome Job, Thank you for telling us the TRUTH about what is going on, Thank you again
Is there a list that you can provide of reputable real prop firms that you would recommend?
Funded trading plus real solid prop firm
Such cases should be directed to *KudusHack* Cybersecurity Team
I just passed my first step challenge, how long does it take for my account to be reviewed and I get funded ?
Are you guys going to continue with MT4/5? Or switching to new platform? Funded engineer sent an email saying all U.S prop firms will soon be moving away from them.
To be honest just yesterday i was considering to try funded engineer because of RUclipsr promoting it, but i am sticking with funding pips because of low cost of purchase, can you say
something about funding pips , should i keep Going on, on funding pips or it's gonna be same
Why not just try Funding Traders?
Funding pips went down, too. Bad luck.
@@fitless hm
Recently MT4 BLUEBERRY also stops issuing services to all prop firms. Please make a video about that.
I really thought Funding Engineer where genuine
I have just chat with them today they say they are at final steps in having their own tech I think by next week they will be back
Hello sir , what about TFT ( the funded trader ) ?
I’m using them now. There’s no telling. I just heard rumors that prop firms using eightcap and purple trading might lose their license. Just
Gonna ride it till the wheels fall off which seems more than likely.
Good day, sir!
I just have lost ability to trade on MT4 in Funded Trading Plus.
And their new trading platform is terrible.
I know that many prop firms have already same problems.
I need MT4 because I use indicators and EA-risk-manager written directly for it.
Could you kindly name the prop firms that use MT4 and don't gonna change it?
Thank you)
Would love your opinion on funding pips
Don't even . Khaled is not a man to be trust with.
@@PoyokBudu How come?
@@MrSchwood they're broke. Can't even process refunds. Breached accs without clear explaination. Denied payouts to some traders since Jan 22. Refunds process takes too many days.
@@PoyokBuduInteresting. Do you know for sure that said traders didn't break any rules, hence the denials? And also refunds are on the 4th payout so are you saying traders are getting paid all the way up to the fourth time but then aren't getting refunds back?
Sorry dude i don't have more details.It's just something i've scrolled past twitter and few of my mates exp. But if u want to go ahead just proceed with caution. Then again FE was my go to A+ prop alongside FTMO. Sad what's happened.@@MrSchwood
Thank you for your information
Thank you
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
I'm surprised that you just mentioned Veronica Hoy here. I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.
You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
I’m doing a lot of research and finding out that technically prop firms should not be offering CFDs to US clients. Doesn’t your company offer CFDs?
They just sent an email this morning that they are going to launch but without US clients. They also said the entire prop industry will no be able to support US clients within the next 2-8 weeks 😳
I Like you. You keep it real. Just bought a 200k at your prop firm
Make sure you know the consistency rule
are you sure your prop firm isn’t next?
You are a G. We need that talk sometimes
What do you think of alpha capital
ISTG i dont even know how these props get off the ground.
What’s your take on COT Data?
Lagging indicator but still good to consider
Then, whose Next?
Thank you ❤
This man is the realest and most reliable source of information in this industry
What prop firms use fbfx?
FPFX TECH .. i cant find a list but GOAT funded trader TFT smt prob myfundedfx but not sure
how do people know you won't be next though?
what do u mean about ftmo it still work isnt it :( ?
CEO Stan! We lost another prop firm in the US! We need guidance from you boss! If you could make a full in depth vid on what us US traders need to look for and how we should go about getting involved with prop firms since all the prop firms seem to be pulling out of the US on a weekly basis now! WHO CAN WE TRUST NOW? We know you still as this time provide services to US traders but in terms of scaling how do we know who we can trust as a US trader? An in depth vid on this from your seasoned perspective would be great for the community!
Such cases should be directed to *KudusHack* Cybersecurity Team
On TeleGram
But you dont allow Martingale. I really want to join your firm. Are you going to allow in the future ?
They have taken down Martingale rule since February 1st
Welp glad im learning futures
what happened to FTMO as he mentioned at @0:21
Thanks for the valuable post my first time on your channel, people must have been giving you a hard time I can see the frustration in your voice and face and with all the bad language. Take it easy bro.
I have funded accounts with TFF,MFF,FUNDED ENGINEER . I'm really tired, my efforts were fruitless
damn, so sad.. use your profits to build your personal account so when a firm goes bust you have your own
Hi Stan. I just saw your announcement that all US traders will move to CBT. I tried a challenge account with CBT through you and found the swap fees to be too high for the way I trade, so I have respectfully requested a refund on my Blueberry challenges. It isn't the US regulators directly that you have to be concerned about. It's Metaquotes and the Apple Store. Even you, based in Dubai, may ultimately have to bid farewell to US traders because the brokers who use MT4 & MT5 are getting squeezed to stop allowing prop firms who open this backdoor.
If you put $500 in your own Cent Account, its amazing how many EA's you can run without worrying about rules.
What ea are you using if you dont mind
grid averaging ea's that are free with 4 + star ratings.
do you mind linking to some of these ea's?@@mikkinikki1902
hi, @CEO can you change the ( 2% loss per trade ) into ( 2% loss per trade idea)? new user will think its per position. just like me, i think im gonna lost the account after the review. I misundersatnd it. if i lose the account can i complain ? coz it said ( 2% loss per trade) not ( per trade idea )
Can u explain
Wow. I know one trader that was waiting for his payout from funded engineer.
What to do in indian forex trading is ban , and we are left with only prop ferm
It's best to consult legal counsel. It's a huge gray area for Indian traders at the moment
@@FundingTraders All the FCC has to do is tell meta quotes to take your license away because you accept US clients. 🤷🏿♂️
me, i only come to watch the dope setup behind you... one day i will get this as well lol
Yes right another prop firm down. Blueberry Markets is gone. Soon Funding Traders? I started a challenge this Monday and on Wednesday the trades are already blocked. Hadn't Funding Traders been warned by Blueberry Markets?
Helpful video 😍
This guy cracks me up!
The other day i saw a 19 year old open up a prop firm……. Can someone tell me how tf they do that? That doesnt sound right at ALL. Every day on twitter/X a new prop firm opens up? Wtfffff
Isn't it interesting?
SO what? Is a busines slike another one, what's wrong with a young entrepreneur guy?
@@simonepado4210 Nothing wrong with it, but they have no experience so people distrust them.. which is the right thing to do. Would you trust a 14 year old pilot or an experienced 50 year old military pilot?
Prop firm is a new world so doesnt really matter if you are a trader since 20 years.
@@zdrux
love this guy.
I have registered for funded account and make payments in btc through binance.. I have not got any login details of MT5 yet. kindly help me regarding login details please.
What are the trading hours for your platform
it doesn't say anywhere
I signed up with FundingTraders because of this man. I think he is on the up and up. Anytime a ceo appears shady that is a red flag for me. When I first saw the interview of the MFF ceo I thought the guy appeared really shady and it turns out it was correct.
signed up for a small challenge account today to try you out.
Trigger Time. Very important!!!
Best ending of the video ever
How can you guys make profits from having 100% profit share?
We copy traders on a higher scale depending on the performance assessment. The 100% split add-on also incurs a fee which shows skin in the game and confidence in one's ability. Some factors that we consider
@@FundingTradersso if a trader is very very profitable and manages risk,you guys copy their trades and put more risk on the position that way you guys make more on yalls back end right?
Single liquidity providers are the no gos then…
I just got an account with them 3 days ago they said they will try to fix this by next week. Crazy
same..just got an account with them last week...was about to start trading today
Any other propfirm that uses the same liquidy providers that metaquote is taking licenses from will all go down. Unless they can migrate to a new platform like Ctrader or others, they will all collapse. Unless they already knew that and is using this as a rug pull/exit strategy. Only prop firms I'm putting my trust on is the ones with their own liquidity like FTMO, E8, Alpha capital and probably others I dont know yet.
I'm with alpha,
E8😂😂 has to be a joke
Can we a list of who is legit?
Are Propfirms in UAE safe?
All the FCC has to do is tell meta quotes to take your license away because you accept US clients. 🤷🏿♂️
There are other platforms than MQ! MQ has an absolute monopoly as it is anyway, so it will be great to get other options other than them and their 1980's looking terminals!@@StopsniffingkidsJOE
You guys need to get MT4
We have MT4 through Blueberry Markets ✅
@@FundingTraders All the FCC has to do is tell meta quotes to take your license away because you accept US clients. 🤷🏿♂️
Ftmo and 5ers are only good props at the moment
this is pure comedy..i love the ending
PropFirmMatch shows who is white label vs in-house. 👍
After watching this video, I made sure to stay away from white label and now even trading with Funding Traders. 👍
I prefer to work with people who are transparent and say it like it is. You know what are getting from folks like this.
What companies or propfurms would that be that you suggested?
Anything outside US
And canada
Funded trading plus
Mature Man Talking Truth! Anyways I'm 30! Now i can have my own prop firm!
Make sure to show your neon lambo!
My Rollo Collection might be ready too! yahooo!@@FundingTraders
You were so right about Dungeons & Dragons snake CEOs
Is skilled funded trader safe?
No
We waited for that video from our CEO😅👍🔥🔥