NewStats: 3,262,929 , 8,178,552 topics. Date: Wednesday, 04 June 2025 at 06:18 AM 2bo2d

Aud/cad looking like e go run up before selling wildly. Whichever way na ihn sabi.

Raymondfayowole:

WAHALA DON LAND OOO, US no get joy at all, hope they resolves this as soon as possible if not, tears loading...

Davigle:


WAHALA DON LAND OOO, US no get joy at all, hope they resolves this as soon as possible if not, tears loading...

They still allowed people purchased as at yesterday and the news today is that they have a date in court. Something is definitely not adding up.

Please what's going with Myforexfunds?

This is looking serious as the platform is frozen.

God abeg o

Raymondfayowole:

I was wondering why my platform was frozen last night until I went to their website this morning and found this. It does not look good o

Raymondfayowole:


They still allowed people purchased as at yesterday and the news today is that they have a date in court. Something is definitely not adding up.

What kind of dubious act is that , nawa o

dottozil:


What kind of dubious act is that , nawa o

It seems they are lieing
How can they have issues with 2 countries at once

Announcement from Funded Trading Plus CEO

"I am sure you will no doubt have heard that MyForexFunds (MFF) has been required to cease trading following intervention by the regulatory bodies in the US and Canada.

At this stage all the information we have is from their statement posted in the early hours of this morning.

I know this news is sending shockwaves through the community, but I want to reassure you that we have sought extensive legal advice on our business model, and how we operate. We want to be clear with you that we are not under the scope of the same action due to the way the business is configured, and the use of a regulated broker to provide market access.

Importantly we do not have detailed knowledge of MFF's business practices to determine whether they were doing things that we simply would not do.

As always we seek to operate within the limits of what is acceptable in law, and we do not push the boundaries of this. Our aim is to provide a sustainable platform on which to grow our community.

Please do not be alarmed by MFF's announcement, we will keep you updated with any information as it becomes available.

Thanks everyone"

Simon
CEO Funded Trading Plus

Lanshile:

It seems they are living
How can they have issues with 2 countries at once

Abi , and to crown it all they went to the extent of fixing a date to court without informing there customers.

They should just refund my money and face their problem

kozmicity:


https://dashboard.thefundedtraderprogram.com/competitions/


And the FXBlue competition on the first page, e be like attendance .

Thank you

Na one of the issues associated with anything online be that, na so FTX collapse last year one of the biggest and reliable crypto platform, if binance collapse now, wahala go come alot of people go enter bankrupt , make GOD just dey bless and protect we nigerians alot of risk man's taking before getting to the top.

5k Received. Thank you BOSS

infofirst:
@tradingGod
@charly20
@realone12
@greatcheers

Congratulations.



Oya how soon do you think you will blow the s?

Congratulations guys...

Infofirst, God go continue to the bless you for all you do for NLFTA...bigger you I pray

...and a Happy and Profitable September to us all

#Cheers

greatcheer:
5k Received. Thank you BOSS

Congratulations...once again

Raymondfayowole:

This is not good oh 🙆‍♂️🙆‍♂️🙆‍♂️

A whole almighty MFF. I was about considering getting a second . Financial regulations in US and Canada is something else that's why most brokers don't want to do business with them. I hope they resolve this asap. This is a big blow to the prop firm community. Na like this funding talent take close shop that year o

US and Canada always go overboard in a bid to show their concerns over the finanacial mechanisms of online trading specifically as it relates to their citizens, and in doing so they take off the wheels of these trading organizations through their stringent and burdensome regulations that, by nature, make operating these institutions a cumbersome task. This is why US and Canadian residents are usually exempted by the majority of brokers in the world. I wish MFF had its base in Australia.

Nextt:
US and Canada always go overboard in a bid to show their concerns over the finanacial mechanisms of online trading specifically as it relates to their citizens, and in doing so they take off the wheels of these trading organizations through their stringent and burdensome regulations that, by nature, make operating these institutions a cumbersome task. This is why US and Canadian residents are usually exempted by the majority of brokers in the world. I wish MFF had its base in Australia.

Why Australia rather than countries like Mauritius, Seychelles or Virgin islands?

Omo

Raymondfayowole:

Geovanni412:


Why Australia rather than countries like Mauritius, Seychelles or Virgin islands?

Australia's laws regarding online trading are more laxed enabling freedom of operation which translates to a wider scope of choices for their customers. For example, one of the laws brokers in the US must adhere to is the maximum of 1:50 leverage ratio for US residents. This is to protect them from unnecessarily losing their investments and making sure that brokers do not take undue advantage over them. That is fine but very restricting as you would need more funds to open a position as compared to leverage ratios like 1:100, 1:200, 1:400. You get.

Secondly, it is mandatory for brokers to make sure that anyone who wishes to open an opposite position must first close the previous one. For example, you have a buy trade running in profits for like 3 days but want to take advantage of a juicy sell trade which fits your parameters for opening a position and you know it is just a temporary move, you may do that with other brokers not in the US but if in the US you would be required to first close your buy trade before opening your sell trade. It is the law.

Australia, as far as I know, don't have those laws. These countries you mentioned are great as well but with the reputation of Australia as a continent and country in one, standard facilities and robust financial regulations it is the ideal place for setting up trading companies comparatively.

Any US or Canada-based propfirm may be affected. Look for EU or UK-based ones

MONEY247:
Announcement from Funded Trading Plus CEO

"I am sure you will no doubt have heard that MyForexFunds (MFF) has been required to cease trading following intervention by the regulatory bodies in the US and Canada.

At this stage all the information we have is from their statement posted in the early hours of this morning.

I know this news is sending shockwaves through the community, but I want to reassure you that we have sought extensive legal advice on our business model, and how we operate. We want to be clear with you that we are not under the scope of the same action due to the way the business is configured, and the use of a regulated broker to provide market access.

Importantly we do not have detailed knowledge of MFF's business practices to determine whether they were doing things that we simply would not do.

As always we seek to operate within the limits of what is acceptable in law, and we do not push the boundaries of this. Our aim is to provide a sustainable platform on which to grow our community.

Please do not be alarmed by MFF's announcement, we will keep you updated with any information as it becomes available.

Thanks everyone"

Simon
CEO Funded Trading Plus

We watching with keen interest.
I hope it not to the end for them because as we speak,they already have big problem.
Court issues in Canada and the united state is no small wahala.

kozmicity:


https://dashboard.thefundedtraderprogram.com/competitions/


And the FXBlue competition on the first page, e be like attendance .

Good morning, please help send the FXblue link for September competition. Thanks.

samfelly:



PLEASE, ALL, THE TFT COMPETITION'S IS WHAT THE HOUSE (FTA) IS USING FOR ITS IN-HOUSE ROAD TO PROP FIRM S CONTEST. ANY OTHER PROP NA BORROW-POSE.

NOW, CONCERNING THE ABOVE BOLDED QUOTES. ENDEAVOUR TO USE THE LINK ON PAGE 1 (which will always be updated for each month, till whenever) TO YOUR INTEREST FOR THIS MONTH'S (SEPTEMBER) FTA ROAD TO FUNDED S CONTEST

YOUR REGISTRATION IS YOUR PARTICIPATION.

ONLY ONE PER PERSON IS ACCEPTED.

IF YOUR TFT NICKNAME IS NOT THE SAME AS YOUR NAIRALAND MONIKER, KINDLY MERGE THE TWO NAMES (in this format: samfelly-sammie123. Where Samfelly is my NL moniker and Sammie123 is my TFT name. You get the drift?)



NOTE: SINCE IT IS POSSIBLE FOR A TRADER TO HAVE MULTIPLE S IN THE MAIN TFT COMPETITION, IT IS IMPORTANT THAT EVERY PARTICIPANTS CLEARLY INDICATE THEIR NAMES ON OUR PAGE (fxblue)

THE LAST BUT NOT THE LEAST, S UPDATE WILL BE CARRIED OUT EVERY FRIDAY, TO KNOW HOW FAR.

I mentioned I wrote to to change ma TFT name to match ma NL moniker. It's done

there is no court anything.. dem don rug pull

their owners believe say the prop market don peak

i dey sense am from their language since

company wey dey make the kain money wey dem dey make go don do legal research tey tey cover their nyash if dem get long term focus

these ones dey collect money till last minute conveniently announce the thing for end of August. na why dem freeze price raise that time lol. Otilor.

e go benefit others like FTMO and TFT sha

i believe say prop industry no need more than five big names if e go last

maybe na this thing go push am finally

Fibonacci88:

If the name is more than 20 characters it won't be accepted on fxblue. I had to shorten my tft name when merging. I hope this won't pose a prob cos my eyes dey this competition o

Yes, I am aware. I even asked one person to shorten his. So, what is the full name o?

Fundingpip is doing 12% off, which means you can get a 5k for $25

Raymondfayowole:


They still allowed people purchased as at yesterday and the news today is that they have a date in court. Something is definitely not adding up.

They should do something about it real quick ....Abeg oo

MFF Kai.. na wa o

Na to dey save money for FTMO remain.