Is First Class Forex Funds a SCAM?
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- Опубликовано: 13 июн 2024
- FCFF
firstclassforexfunds.co/
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@Sam KB -- Another good quality review video. Could you update the prop firm review series to indicate such, perhaps numbering as well; "Ep. 1", "Ep. 2) etc? ...
I did notice you did seem quite reserved in passing judgement. The evidence (especially of such long waits for payouts) suggests something akin to a ponzi, since (as you suggest) they may be relying on incoming client fees to cover existing trader's payouts. If the trades are *actual*, then the profits should easily cover the payout requests. Real capital (even if copy-traded) should back up a prop firm's business model, otherwise it's all smoke and mirrors. Even with honest intentions, they at least show strong indications of under capitalization (which is a major root cause of company failures in any business genre).
Any chance of you reviewing Finotive Funding?
A complete scam I waited for two months for payment and then They said I violated rules that They did not explain and end the contract
I've open account yesterday..and now when I was trying to withdraw it says I've to upgrade the account by paying 300dolllar or I cant make my withdraw...Is it really true???I've to upgrade to have my withdraw in Kb trade?? please let me.know this ...
Haw can work with you?
Hi Sam how did you get along with the withdrawal.. did you manage to get paid out ?
You just made one trade for 8k? If thats so. You 100% wont get paid because more than 50% of your single trade cant be more than your total profit.
Vous avez eu votre paiement?
I sent my payout and I do not have recived it yet. I am still working in my real account but there are 2 months since I required my payout and I do not have it yet.. I am stressed 😢
Love this series mate
This is a great video and a great series! To be honest I do not know a prop firm that actually takes the trades from its funded traders. Basically, when you win, they lose money!
Hi Sam can u give an update on your experience with fcff, great video by the way
Super great review.
I really like your style.
Keep more of these coming.
Notification gang🤪
Thanks for the support man,
God bless
Great video Sam! Being the owner of Lark Funding, I can say first hand that traders should be careful when firms come out with crazy flexible rules that attract tons of traders. It might not seem like it, but they’re the walking dead. It will only take a few traders to generate large returns for them to be out of business.
It’s always a fine line and 2023 will show us this.
Keep the great vids coming!
Looking forward to reviewing Lark soon hopefully!
@@AvP30 We don't have an option to increase the drawdown from 5% to 10%?
So youre confirming lark doesnt want profitable traders ?
@@yeahman696bellyslap Of course not! We want serious, professional AND profitable traders - Which can only be proven with a well balanced Evaluation model.
If the profit target was 1% with a 30% drawdown limit, everybody would pass. Does that mean they're great traders? Of course not!
It's about creating that fine balance that filters out the bad traders to find the great traders.
@@meetmattl I see what youre saying, my bad
i been waiting for almost 3 months for payout and i havent hear anything about them, i dont wanna say that is a scam cause i wanna get my money back but my hopes are low rn
you have to be faire why didnt you show their rank on the trustpilot ?
Great video !
I've invest money in here cause I thought it's you...but the withdraw rules now they are making it's making nonsense at all
DID U PAID FOR SECEND WITHDRAW
Lots of love ❣️
Thank you!
God bless
Discord gang
Legend!
As someone with almost max capital with them, it’s frustrating that I’ve been waiting for payouts over a month
Yea very frustrating, but did you actually get paid out?
@@ropadogaming2110 I have 4 times but my last was in jan and ive requested since then
They aren’t paying out ppl for a while now, lots of complain. And I have an account with them now I’m so frustrated
First Class Forex Funds is a complete scam. They paid me out one time the first payout then denied two payouts after making me wait up to 3 months to tell me they denied each payout. I have had a lot of success with other prop firms trading the same style as I do with First Class Forex Funds. It will take weeks to have a conversation with First Class Forex Funds customer care. Top Tier Trader is a better prop firm imo.
Let’s go man
Thanks for the support Kenny!
God bless
wht about you? can you prove you are successful trader?
Myfxbook links in the description.
FCFF does not pay. There are hundreds of people who have been waiting for payouts for months and then are denied respecting all the rules. Don't be fooled
I had one payout so far, waiting on the second now for like 6 weeks man…
Yes, they are a scam. They didn't pay their broker and then had to look for another broker. The are now working with Lucror Capital Markets who are unregulated and lost their New Zealand licence.
They are totally a scam
Es en serio? Gracias por esa información. Estoy actualmente con ellos. Precisamente tuve una discrepancia por lo del desplazamiento de "eigthcap" y notaba muchas operaciones en pérdidas cuando estaban en "break even". Y cerrando las operaciones manualmente también había una reducción cuando estaba en ganancias.
Ahora con "Lucror" está más certero al cierre de mis operaciones y la llevo en 1.5% de "profits". Espero que después de todo éste proceso, pueda retirar y no se nieguen a pagar con la excusa de que violenté alguna regla barata de "consistencia" para no pagar el porcentaje que me corresponda.
Thanks for the review sam but to say they are "legitimate" is a fucking stretch😆
Hi man.
Are they credible? No.
But they’re not fraudulent. It’s not a fake company, pretending to pay people out etc.
It’s a legitimate company being run poorly.
God bless
@@SamKBTrading They are not paying everyone who are due a payout. I would know I'm one of them. I was denied my 13K payout and told I was breached and not have my accounts anymore for "account management". The problem is Sam you don't know that there are victims of FCFF. They refused my payout despite following all of their rules. As soon as they struggle to keep up with payments they're pinning made up breaches on people's accounts and then they silence them if they speak out on any of the platforms.
They're running a pure Ponzi and choosing how much of the pie they want. It's really sad.
@@TraderJono yeh man, I’m seeing stuff in the Discord… I was just kicked from the Discord myself lol.
I think they are legit but struggling through terrible management. I never want to jump to call people fake etc but time will tell for sure man
@@SamKBTrading they kicked out out of the discord??? /:
@@SamKBTrading I appreciate you taking the time to respond to my messages Sam. Hopefully there isn't too much of a boom in slapdash prop firms otherwise some kind of regulation will shut all prop firms down 😅
First class forex is an scam. The where suppose to pay me and the are delaying and delaying with shitty excuses.
First class forex is an scam.
They are a scam
The simple fact that you say FCFF is a legit prop review your credibility for me is lost when they are clearly they are a scam
I gave them an awful review and then said, “I think FCFF is legit because of X, Y and Z” like the weekly video calls etc.
A lot has changed since I made this video remember.
Hi Sam can u give an update on your experience with fcff, great video by the way