I achieved exceptional performance and successfully passed nearly 2 accounts. However, it's not mentioned on the website that they conduct an "evaluation" of the accounts after passing before granting funding. This means they have the final say on whether you get paid, creating a conflict of interest where they may reject you despite meeting the criteria.
I managed to pass with only 3% drawdown and used clear trades with stop-loss and take-profit, ensuring no rules were violated as my long trades posed no invented "risks". Yet, despite my solid profitable performance, they rejected me after their "evaluation".
In summary, they seem to reject traders who pass. They will return your money, but keep the profits from unsuccessful trades, which is quite concerning. It's not a legitimate trading firm. Their response essentially indicates they have no interest in profitable traders, as it would require them to actually pay out. Instead, they claimed:
"Dear Trader,
After our review, we have identified certain elements of your trading strategy that do not comply with our risk management policies, particularly regarding latency arbitrage techniques. Latency arbitrage refers to taking advantage of delays between price updates across various data feeds or platforms to gain an unfair edge. This practice involves executing trades based on faster data feeds before our platform reflects these updates, profiting from price discrepancies during this delay. While it may seem profitable, it does not represent valid trading strategies or actual market conditions."
Save yourself the trouble and look for a genuine company that truly compensates its traders.
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