Review Time
The rules of this firm are not favorable and feel like a waste of time and money. I haven’t seen any firm with such stringent rules regarding consistency after passing both phases. It’s frustrating, and if you break any rule, you won't receive a live account. This has been a complete waste of time.
AWFUL. They let you waste your time by passing both your challenges before telling you that you didn't meet their requirements for a share account. Their rules are terrible. They have the WORST consistency rule out there and l trade with multiple prop firms. Your biggest trade cant be 2X your smallest trade? Ridiculous rule. Scaling in with small trades and hitting the gas when a move breaks out is against the rules. GARBAGE. Look elsewhere. The 2 minute rule wouldnt be unfair if if wasn't for the fact that your platform will execute multiple trades with one click and we have to close one out. Happened multiple times. The platform/interface is also pretty awful just FYI- there is no mobile platform and digging deeper they only pay out 2X a month.
Every one must avoid this firm. They never have intention to give any one "profit share account" Please see how they valuate performance, according to them, who would make a right trade, who would get their so called "Profit Share Account: ????On Tue, Nov 12, 2024 at 1:01 p.m., Forex Master Class Forex Funded Challenge wrote:Dear .....Following our review of your Phase 1 and Phase 2 accounts, we have identified the following:Phase 1 Account 100736182 Trades Placed12 Trades Violated the Trade Duration Rule129 Trades Violated the Trade Consistency RulePhase 2 Account 10080898 Trades Placed4 Trades Violated the Trade Duration Rule90 Trades Violated the Trade Consistency RuleFor your reference, the rules governing our challenges can be found here. To assist you, the rules involved are outlined below:Trade Duration Evaluation ProcessTo ensure a fair trading environment, we mandate that trades must be open longer than 2 minutes. This rule helps to prevent erratic market behavior and potential losses. By adhering to this guideline, you help maintain a stable and secure trading platform for all participants.Consistent Trade Size During Evaluation ProcessThe USD notional value of your smallest trade must be at least 50% of your largest trade's USD notional value. Non-compliance with this consistency rule will result in the invalidation of your evaluation.Due to the extent of the rule violations in your accounts, we are unable to proceed with offering you a profit share account.If you require further assistance or clarification, please reach out to us via return email.Best Regards,Support Team Forex Funded ChallengemobilePhone+971 58 170 0905website
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