The Funded Trader and Why They Shut Down Permanently

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  • Опубликовано: 28 мар 2024
  • The fallout in the prop trading space is continuing. with The funded trader going out of business.
    After FNG exclusively reported earlier this month that prop trading firm The Funded Trader has stopped making payouts to its clients.
    If you were affected by the funded trader preventing payouts and are still waiting to get your money please fill out the form on this page. Funded Pro is negotiating with the CEO of the funded trader to help people get the money owed to them.
    You can find the form here
    funderpro.com/tft-payouts-tma/
    other trader affected by this on youtube
    • The Funded Trader SHUT...
    if you want in depth day trading education as well as a community and custom buy sell indicators join the trading floor today
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Комментарии • 277

  • @lpsminecrafter-js6ix
    @lpsminecrafter-js6ix Месяц назад +157

    So all comes down to conclusion...find a broker and start small with your own money.

  • @RebeccaKpami-dg7cn
    @RebeccaKpami-dg7cn Месяц назад +73

    If they were making $10million a month, where did all the money go?

  • @jonathanquick2574
    @jonathanquick2574 Месяц назад +43

    Instant payouts do not mean live accounts. It just means the company has enough revenue from losing traders to pay the winners. None of these internet prop firms A book traders

  • @tomwebb9777
    @tomwebb9777 Месяц назад +41

    Everyone knows how the game is played...take your winnings and pay down your debt and open up your own trading account and fund it with the prop firm money.

  • @adrianc086
    @adrianc086 Месяц назад +22

    This is the end of all prop firms, alot of them are shutting down. 90% of them don't have contracts with meta quotes anymore and they have lame playforms with huge slippage etc.. The prop firm "dream" is over guys.. Stick to your own money and save up, trade on your own properly. Thats my advice!

  • @tradeopschannel9893
    @tradeopschannel9893 Месяц назад +18

    Basically, closing the company is just TFTs way of saying that those who are waiting payouts need not to expect anything anymore even in the future. TFT will change its name and will do the same business until they cannot payout again

  • @chrismartison1455
    @chrismartison1455 Месяц назад +5

    Appreciate the advice about adapability, I struggle with this, but you help bring the reality to the situation and how traders have moved on to different platforms & prop firms and still keep making $$$. Thanks!!

  • @HereIsmarcus
    @HereIsmarcus Месяц назад +17

    A good example of why not to put all eggs in one basket. I’m in the middle of a funded challenge now. I think I’ll start trading with a standard broker alongside it to get some money coming in just in case, even though it’ll be a smaller income

  • @dynodetail
    @dynodetail Месяц назад +2

    thanks for the informative video Arty

  • @CB-st6wm
    @CB-st6wm Месяц назад +10

    Allowing 20 sim accounts with payouts is the issue. Can't have a trader take 1 trade a day for $200 on 20 accounts ($4000) and take a $40,000 payout every 10 days. There are good prop firms out there, just find the ones who have realistic limits.

  • @leeles
    @leeles Месяц назад +1

    Thanks for exposing and explaining these improper business practices and warning us!

  • @Nyruami
    @Nyruami Месяц назад +11

    I haven´t found a single prop firm yet that are looking for investments on their homepages. Ok, maybe the investment came from a private person or a private group so they do not actually need to look for investments, but it´s still smelling fishy.
    When a prop firm works the way you suggested, they should permanently be looking for investors, and actually they can offer pretty neat chances. You invest 100k or a million, those funds will be split among at least 10 persons, all proven to be successful, with an average profit of let´s say 7% per month. This would leave 1,4% on your capital and even if you spilt this profit 50:50 with the prop firm, there are still 0,7% profit, per month. That´s 8,73% a year. Even if 1 or 2 of the traders fail, you would make a great profit on your investment. So why is not a single prop firm looking for investors?.

  • @kalamaali7282
    @kalamaali7282 Месяц назад +6

    Respect for your position on the prop industry.

  • @phantom2016
    @phantom2016 Месяц назад +1

    this video is helpful and the only ones with fair information about what's going on , and thanks for declining thay prop firm start up offer❤

  • @MattTradesLife
    @MattTradesLife Месяц назад +32

    Same old song and dance with more to come. We all know that people on RUclips largely make more from TALKING about trading, rather than actually trading or having business sense to run a "prop firm".
    Not to mention every "influencer" pushing affiliate links to the "best" firms but denying being a financial advisor and not to trust their opinions...This industry has to do better.

  • @cuchulainn3474
    @cuchulainn3474 Месяц назад +4

    This is insane - the whole concept of how prop firms work. Before I looked into them, I was under the impression that you pay your money to do the challenge and when you pass you're given a LIVE account. The company take 20% and you take 80%. This would pay for the staff and losses. To my amazement I found that prop firms DON'T give you a live account, when you pass, but instead PAY you your profits from all those people who have failed their challenge.
    Is it me or is this not a trainwreck waiting to happen?
    What if say 20 traders are exceptionally good and make 40% profit, between them, consistently a month? How on earth are these prop firms going to keep up? The answer is obviously, they're not.
    I have been considering doing the challenge, but after the TFT debacle, I'm exceptionally wary. I'm just going to fund myself, having been learning how to trade for the last 3 years, full time, on multiple demo accounts (and live ones too).

  • @josefjo4859
    @josefjo4859 Месяц назад +4

    I really thank you with all my heart I am a student in Tunisia and in my country the tradint training is too expensive is not even worth it and you are the only one who gave me the truth with strong strategies and I chose Divergence Trading Strategy you saved my life thank you thank you thank you very much 🥰🥰🥰🥰🥰

  • @ily_liddy1124
    @ily_liddy1124 Месяц назад +6

    Which is why u js paper trade and then after a year or two js hop in with500?

  • @maninjapan79
    @maninjapan79 Месяц назад +3

    The splits are ridiculously high BECAUSE they aren't putting up any money.
    No one in their right mind is going to fully fund a live account for a trader and pay out 80%. (unless you are on ridiculously low leverage)
    You go to any real prop (equities and futures), and you are looking at 20-40% profit split max...

  • @kdbyers
    @kdbyers Месяц назад +2

    Arty, can you please do a video on how you or what is the best way to avoid low volatility. There is a stock that I was trading that had the perfect supply and demand zones. They started off strong but almost immediately went weak and fell into low volatility, heck almost flat lined. It was very upsetting. I have been seeing this a few times this week. I really need advice on how to avoid these and stop wasting time. If you can, make a video on this. I really need to keep away from these types of trades

  • @bakribhai_
    @bakribhai_ Месяц назад +5

    I don't understand why people goes for simulated prop firms?
    I mean join those firms who offers real capital. I know they have plenty of strict rules but at the end of the day the only thing that matters is if the trader will be profitable or not.
    95% of retail accounts loose money in less than three month.
    We don't have a capital or prop firm problem. I think we all have greed, lack of experience problems.

  • @Hammerfest-ot2yh
    @Hammerfest-ot2yh Месяц назад +4

    In one moment you asked- how many subscribers I have? And I looked and noticed you have 863k subscribers!!! Great job. Congratulation.

  • @Ikanoki
    @Ikanoki Месяц назад +2

    thanks to your videos I started to understand what it's all about thanks to the robot world. Could you make a video about the broker you use and what your experience is with them. Because I'm at the searching stage.

    • @TheMovingAverage
      @TheMovingAverage  Месяц назад

      The broker I use is in the description of this video

  • @davidowemu9412
    @davidowemu9412 Месяц назад +1

    Good day Ardy
    First I must appreciate you once again your good work of value on this challenge
    Secondly I need to know if there has been another deposit option for the TTF membership cause I once hade the money but was unable to subscribe cause my current are currently not supporting debit/credit payment anymore
    I really need this hope to hear from you
    Thanks Ardy

    • @TheMovingAverage
      @TheMovingAverage  Месяц назад

      Contact TTF support from our website and they can further assist you

  • @miguelrng7
    @miguelrng7 Месяц назад +1

    THANK YOU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • @MrBeans14
    @MrBeans14 Месяц назад +1

    Hey is the trader pro discount only for the 200k challenge or i can use it for any challenge amount? The discount is not showing when i selected a 1 phase 100k. Any advice?

  • @luizqueiroz9011
    @luizqueiroz9011 Месяц назад +2

    one more thing Arty !!! they are copying the account . great content !! tks for the explanation!

  • @Muchachon9
    @Muchachon9 Месяц назад +3

    Arty you have been making me into a better and more profitable trader on my demo account. Ill be subscribing to TTF with my first funded account payout. I wish you well.

  • @tomstruct
    @tomstruct Месяц назад +1

    Thanks arty

  • @YeshuaDavidson
    @YeshuaDavidson Месяц назад +3

    I worked 3 months to save 55$ cuz 55$ is almost a salary in my country, I started with 55$ I'm on 20k. I never trust that funding stuff.

  • @user-zo3be2lf6h
    @user-zo3be2lf6h 23 дня назад +1

    Hello, Will you still recommend FunderPro and how do I know their contract size on Trade Locker

  • @user-em4vq5cy4x
    @user-em4vq5cy4x Месяц назад +1

    to make it more interesting for the firms it should be allowed to use the data you have to possibly not pass some trades
    this is to mitigate risk by not settling on those obviously they'd also assume extra risk which makes it balanced meaning nothing is wrong with it..
    the issue is there isn't any sort of compensation for companies that dont stick to their word, but at the same time the risk to reward is worth it so im not complaining.

  • @11dnm
    @11dnm Месяц назад +2

    which ones are under TFT?

  • @mattdonlan7745
    @mattdonlan7745 Месяц назад +1

    Can anyone recommend a US prop firm using real capital? I can't find one. I almost signed up this week for TFT. The other one on my list is Blue Guardian, but they use the same business model. I can't find one that uses live accounts at all.

  • @vedrandzinic4871
    @vedrandzinic4871 Месяц назад +1

    That's how it's... I think it's important to build a portfolio, and you can manage with loss funders

  • @JRatliff126
    @JRatliff126 Месяц назад +1

    How does anyone know exactly what's going on? I see the clues myself but who has proof?

  • @reyven9706
    @reyven9706 Месяц назад +1

    Man, ur the man.👍
    No.2 for me would be vin diesel.

  • @BmusicConcerts
    @BmusicConcerts Месяц назад +13

    I feel like Blue Guardian will be next. Payouts&affiliates payouts denied. I haven't been able to get money for 3 weeks…

    • @TheMovingAverage
      @TheMovingAverage  Месяц назад

      FunderPro is actively helping people get their payouts through mediation because they’re talking to the CEO of the funded trader
      funderpro.com/tft-payouts-tma/

  • @jasongagnon4989
    @jasongagnon4989 Месяц назад +3

    Awesome video, been with tft for a year, paid for a lot of challenges. So close but never got funded. Guess there was a good reason. Lol. Thanks for the explanation and referral. Jason

    • @TheMovingAverage
      @TheMovingAverage  Месяц назад +1

      Sorry to hear that

    • @TheMovingAverage
      @TheMovingAverage  Месяц назад +1

      FunderPro is actively helping people get their payouts through mediation because they’re talking to the CEO of the funded trader
      funderpro.com/tft-payouts-tma/

  • @MyrexPinili
    @MyrexPinili Месяц назад +2

    someone says that propfirm is using simulated currrency on live account, what is simulated currency?

  • @gusmanue8337
    @gusmanue8337 Месяц назад +1

    Excellent video

  • @Melowdee
    @Melowdee Месяц назад +2

    I have no remorse for these companies...run your company honestly and actually put people on live accounts after they pass. Greed unfortunately gets in the way. Trade with your own money if you can.

  • @GhostFXKING
    @GhostFXKING Месяц назад +1

    Good to use trusted reliable brokers thanx for the video

  • @theblockcat-ain1572
    @theblockcat-ain1572 Месяц назад +1

    Do you think ospreyfx will be next???
    I'm am starting to move over to futures regulated.
    Don't know of ospreyfx gonna get hit next

  • @abkarianofs1190
    @abkarianofs1190 Месяц назад +2

    What is your opinion on TopStep? Are they reliable?

  • @MeagsLife
    @MeagsLife Месяц назад +1

    I'm with E8Markets and am loving it, next is FTMO

  • @dwadeworkx1644
    @dwadeworkx1644 Месяц назад +1

    What do people think of Toptier trader? Also, which prop firm is recommended?

  • @akosifranz2246
    @akosifranz2246 Месяц назад

    yoooo!! i have found one old video of yours from your other youtube channel 😁😁😁...it was your insanity work out!!! i knew i have seen you somewhere else other than videos about trading until i revisited some insanity workout videos

  • @ianbrown5955
    @ianbrown5955 Месяц назад +3

    The Funded Trader is still advertising to me.

  • @jadencharles9695
    @jadencharles9695 Месяц назад +3

    Yep that's why they make this 2 weeks or 30 day pay out system because the money comes from people who fail challenges complete utter nonsense , payout should be same day or 24hrs

  • @mouadovic04
    @mouadovic04 Месяц назад +1

    this is why ....i trade only in regulated brokers ( Exness , IC MARKETS)

  • @mitchellacollado
    @mitchellacollado Месяц назад +1

    wow what a brake down amazing

  • @jayhawk0047
    @jayhawk0047 Месяц назад +2

    I already switched to futures trading

  • @JeaniusCompany
    @JeaniusCompany Месяц назад +1

    Why is that illegal in the US?

  • @Ialigorchani
    @Ialigorchani Месяц назад +1

    Any recommendations for a good prop firm after this

  • @garychitwood641
    @garychitwood641 Месяц назад +1

    BlueberryMarkets doesn't accept United States Clients. Who do you recommend for US citizens?

  • @YoungTrash-ro1ip
    @YoungTrash-ro1ip Месяц назад +1

    So which ones A book and which ones B book?

  • @nojutsu1992
    @nojutsu1992 Месяц назад +1

    Do you think Pepperstone is a trusted Broker ? from your point of view !

  • @djstock02
    @djstock02 Месяц назад +1

    How do you feel about smartprop?

  • @Officialhustleworld
    @Officialhustleworld Месяц назад +1

    This man spits out facts thanks . I will try my best to trade my own money on a legit broker ‼️

  • @brandonlee5029
    @brandonlee5029 Месяц назад +1

    Would appreciate it you do a video listing all the affiliate companies of TFT and others like them. don't explicit accuse them of anything. Just list out their affiliates so we can avoid them all

    • @TheMovingAverage
      @TheMovingAverage  Месяц назад

      Noted
      FunderPro is actively helping people get their payouts through mediation because they’re talking to the CEO of the funded trader
      funderpro.com/tft-payouts-tma/

  • @vtee549
    @vtee549 Месяц назад +3

    Which PropFirm do you use then?

  • @cavernlawrence6640
    @cavernlawrence6640 Месяц назад +1

    Think I'll trade some volatility index for now. Giving forex a break😢

  • @carmenhenry7243
    @carmenhenry7243 Месяц назад +1

    Did Arty say 10M?

  • @shyshy2020
    @shyshy2020 Месяц назад +1

    What you think about apex trader funding?

  • @restassuredworship
    @restassuredworship Месяц назад +2

    YES. Thank you - live accounts make money for all and give lots of incentives for the prop firm to not be sketchy. You have to charge more (basically the 10% DD) but it's worth it if you're profitable. Thank you for your integrity.

  • @lionelmoraguizar6808
    @lionelmoraguizar6808 Месяц назад +1

    What about city traders imperium?

  • @bhaveshsanghrajka8409
    @bhaveshsanghrajka8409 Месяц назад +4

    Which prop firm do you believe operates properly?

  • @MattWiggyWiggins
    @MattWiggyWiggins Месяц назад +1

    Is this why SFT went down, as well? Using TFT's white-label service?

  • @dylandossett1069
    @dylandossett1069 Месяц назад +1

    I almost put money on FTX just weeks before the collapse… I almost got an account on TFT just weeks ago… I’m gonna stick to AMP broker and Webull building smaller accounts on brokers who won’t fuck me over

  • @AbdulWaheed-pz3bn
    @AbdulWaheed-pz3bn Месяц назад +1

    is thunder pro work in Pakistan

  • @shanebrown8242
    @shanebrown8242 Месяц назад +1

    Can futures be traded with FunderPro?

  • @aramokurdo
    @aramokurdo Месяц назад +2

    Funding Pips is doing good i hope stays that way

  • @bilalhamadi430
    @bilalhamadi430 Месяц назад +1

    If they are really given real money they should not charge a fee when taking the challenge , it's a gambling game

  • @daltondalton5501
    @daltondalton5501 Месяц назад +1

    How is your prop firm doing?

  • @yashaskoppad8312
    @yashaskoppad8312 Месяц назад +1

    which prop firms do u suggest?

  • @jessemcjordanm9935
    @jessemcjordanm9935 Месяц назад +1

    Could instant payouts be a trick to get you in

  • @jr.robert4956
    @jr.robert4956 Месяц назад +1

    What will happen to my 25k challenge account?

  • @Carwashing321
    @Carwashing321 Месяц назад +1

    What about kortana and funded pips?

  • @marounalam6479
    @marounalam6479 Месяц назад +1

    hey guys , any thoughts about toptier ?

  • @upcummingartistcph8593
    @upcummingartistcph8593 Месяц назад +1

    If you pass a challenge for lets say a 100k account, do you start at 100k again with the real funded account, or do the profits carry over?

    • @TheMovingAverage
      @TheMovingAverage  Месяц назад

      If you're doing the free trail you get 5% of profit made if you pass it.

  • @shawn1248
    @shawn1248 Месяц назад +2

    It was just a matter of time for them. Bunch of kids made their money and that's all they cared about.

  • @David-lc2sn
    @David-lc2sn Месяц назад +2

    😢

  • @10MinuteAnimals
    @10MinuteAnimals Месяц назад +1

    you are perfect

  • @MangiBairagi
    @MangiBairagi Месяц назад +1

    What about funding pips?

  • @AmaanKarlman-kq4px
    @AmaanKarlman-kq4px Месяц назад +1

    hello all the way from uganda

  • @ahmedabdellatief2676
    @ahmedabdellatief2676 Месяц назад +1

    What do you think about ftmo?

  • @TurnkeyTrading
    @TurnkeyTrading Месяц назад +1

    see any similarities between TFT and FTX?

    • @TheMovingAverage
      @TheMovingAverage  Месяц назад

      I don't know anything about FTX.
      FunderPro is actively helping people get their payouts through mediation because they’re talking to the CEO of the funded trader
      funderpro.com/tft-payouts-tma/

  • @erictrott6553
    @erictrott6553 Месяц назад +1

    Stats: "99% of day traders fail."
    Guru: "That stat is inflated. Just because it's hard doesn't mean you shouldn't try."
    Prop Firm: "Yeah, it's easy. Come pay us to try."
    Prop Firm: "Day Trading is hard and 99% of people are losing our money."
    Stats: "Told you."

  • @prettybirdjess
    @prettybirdjess Месяц назад +1

    Can we dispute with bank

    • @TheMovingAverage
      @TheMovingAverage  Месяц назад

      FunderPro is actively helping people get their payouts through mediation because they’re talking to the CEO of the funded trader
      funderpro.com/tft-payouts-tma/

  • @vedrandzinic4871
    @vedrandzinic4871 Месяц назад +1

    Yea, actually on funded 100k, you have 10k...is that similar to like you put 10k with good laverege. PS, it's 9 days after I passed the challenge, still not have the live account

  • @TempoStereo
    @TempoStereo Месяц назад +1

    Oh dearr

  • @irfandwikurniadi4036
    @irfandwikurniadi4036 Месяц назад +1

    why don't they just give it 50:50, wouldn't that be fair between both parties? and of course it will be safer

  • @sherlockholmes8485
    @sherlockholmes8485 Месяц назад +1

    What about ftmo?

    • @TheMovingAverage
      @TheMovingAverage  Месяц назад

      Haven’t used them but they’ve been around a while

  • @xplate
    @xplate Месяц назад +1

    Will TFT not return and my funded account will not return?

    • @TheMovingAverage
      @TheMovingAverage  Месяц назад

      FunderPro is actively helping people get their payouts through mediation because they’re talking to the CEO of the funded trader
      funderpro.com/tft-payouts-tma/

  • @jerrypelletier2328
    @jerrypelletier2328 Месяц назад +1

    Just two months ago Angelo CEO of TFT was bragging about buying a private jet for tax purposes.!!

    • @TheMovingAverage
      @TheMovingAverage  Месяц назад

      FunderPro is actively helping people get their payouts through mediation because they’re talking to the CEO of the funded trader
      funderpro.com/tft-payouts-tma/

  • @kokhkokh133
    @kokhkokh133 11 дней назад +1

    Bro I just paid for a Challenge for the funded trader, so my money was for nothing ?

  • @0518josh
    @0518josh Месяц назад +1

    What about other Prop Firms like Funding PIPS & FUNDED Next

  • @jeffreypham4066
    @jeffreypham4066 Месяц назад +1

    IMO Trading forex and not futures in 2024 is just dumb (esp if you live in US)

  • @therealdeal772
    @therealdeal772 Месяц назад +1

    Do you guys payout with bitcoin or litecoin?