AVOID AT ALL COSTS
It’s obvious to see why there are so many bad reviews on this firm. After placing a trade on an instant funded account with my usual stop loss and take profit settings of a 1:2 RR I caught a crazy candle and the price action moved 140 pips in 13 seconds hitting my profit target and auto claim my trade. I remember reading reviews of people saying payouts were declined for tick manipulation where you place large orders and attempt to make profit from micro price movements which I understand is an issue. This is not what I did in any shape or form and I enquired with the risk team if this would breach my account, to which they told me it would and there is no way to appeal or dispute it. Firstly, this is ridiculous as the trade was in no way a tick manipulation trade it was just a super high volume candle that price moved suddenly (out of my control) and secondly, no where on their site or terms and conditions does it make mention of this rule. The only reason I found out about this was from bad reviews online. Clearly they will find any reason to block profitable traders from requesting payouts with no proper reasoning. Save your money. Find a real firm that actually is transparent with their rules and doesn’t spring these types of things on you when you go to request a payout after weeks of work. Fortunately I found this out after only 3 days of trading and only missed out on $5,000 of profit but I can imagine how many people put weeks of effort in to get shocked when they request a payout by some shady rule that is not clearly stated anywhere in their terms and conditions. Save your money, go to a better quality firm who actually care about their customers. I have read responses of “rules are rules and everyone is treated equal” to bad reviews, that is BS if the rules aren’t clearly laid out in the first place. Edit: You’re right I misworded it, tick scalping. Like I said, when I place a take profit on my buy order it isn’t my fault if it hit that in 13 seconds. And again, as mentioned, you talk about these transparent rules, please link exactly where it shows these transparent rules anywhere on your website prior to opening an account. You can’t because it doesn’t exist. Scam company with hidden rules to punish profitable traders. Avoid them.