Payout of 3k denied. No solid explanation given, just some canned email response.
Dont just take my personal experience with these scammers...check youtube as well
Search for 🚨 NEW EVIDENCE! 🚨 Crypto Fund Trader EXPOSED themselves. *UNDENIABLE PROOF*
Just one of many videos. Just an assumption but they problably pay or create their own Trustpilot reviews, you know, those with the 5 star-ratings
I sent in a video of me trading, making 2.600 USD in under 6 minutes. They still suspended the account.
They claimed I do tick-scalping, which is not the case.
I work on the 1 Minute timeframe using a very successful method.
They tried to get my post removed by filing with TrustPilot that I had violated TPs guidelines. They failed.
They even went in and released my real name, personally identifying information on TrustPilot in their reply, clearly violating privacy laws, national (swiss) and international. They refused to remove my personal Information, forcing me to file with Trustpilot (who ended up removing their entry) and I also filed a criminal complaint with the Swiss Authorities since this was an intentional leak on their end. Trustpilot already reminded them of the guidelines they have to abide by.
Their excuse?
"When you purchase an evaluation you accept the terms and conditions where you accept the use of your name for activities in our social networks, we recommend you to read them."
They think they own Trustpilot and refused to remove the leaked data on their own. Took days and work with Trustpilot to correct this situation, this just shows you how unprofessional this prop is.
CFT Trading rules:
We insist that the trader’s freedom is very important, so we accept any type of strategy as long as the risk control is maintained. However exploitative strategies such as High Frequency trading, tick scalping, arbitrage or strategies that are not trading according to live conditions are not allowed. Also we do not accept traders who gamble, gets all the capital in just one trade or hedging.
Answer:
If I use a BreakEven EA to secure / risk-manage my trades, how is that "tick-scalping" when my intend is to get 20+ pips? Its not the strategy to "tick scalp" but to get big moves once price breaks out of a channel and since the MAJORITY of my trades are above 120 seconds, you can hardly speak of a "tick-scalping" strat. PLUS, if you watched the video, you know what I am doing. I made over 2600 USD in what? 6 minutes trading manually, just like I traded your scam prop?
Every trade has appropriate TP and SL.
Only scammers use the excuse and bend the wording of their own terms of services to fit their need.
The majority of my trades are 120+ seconds long and hence, it simply cannot be classified as a tick-scalping strategy and thereby isnt against the terms of services.
Of course now they claim I used some HFT EA which is absolutely not the case. But again, what else are scammers to do? Fish for excuses.
There also isnt a word about some min-trade-duration rule, only that they can claim whatever they want to get out of paying a customer. Typical Prop Firms model. CFT resorts to payout denials under bogus claims, just like FCFF, MFF and other firms, that were later investigated by the CFTC. Payout denial on false claims equals to fraud.
CFT wont post the entire history of the trades on that account otherwise their false claims would show for everyone to see. Even the snippet they posted show that the majority of the trades are within their terms and conditions.
Their response:
We have told you that comment since you know that the closure of your account is correct, you come to lie in a desacarada way to make you look the victim and tarnish our image with lies.
It is impossible that our support has told you that this is possible, please make the proofs public as we have done your trades.
Your trades all last 1 second, how can you say that you are using an EA for risk-manage? You were using a HFT EA....
And if they told you that you can use it because you only used it in phase 1 and not in the funded account? Did you think we would notice? Please stop lying.
-----
Your trades are "all 1 second" and "you are using a HFT EA".
Neither is the case and there replies show that they are only out to scam people out of money.
PropFirms, since the MetaTrade Server licenses changes are hurting financially, so is CFT and its my opinion that they no longer can pay or find the smallest excuses to get out of payments by even making false claims to deny payouts.
Their claims to get out of a payout are simply false and they themselves provided proof.
Tick-Scalping? False - see link to image of trade history
HFT EA? False - see link to image of trade history
Only 1 second trades? False - see link to image of trade history they posted.
With this in mind, you can make up your own mind if CFT is a scam-prop or not.
Payout of 3k denied. No solid explanation given, just some canned email response.
Dont just take my personal experience with these scammers...check youtube as well
Search for 🚨 NEW EVIDENCE! 🚨 Crypto Fund Trader EXPOSED themselves. *UNDENIABLE PROOF*
Just one of many videos. Just an assumption but they problably pay or create their own Trustpilot reviews, you know, those with the 5 star-ratings
I sent in a video of me trading, making 2.600 USD in under 6 minutes. They still suspended the account.
They claimed I do tick-scalping, which is not the case.
I work on the 1 Minute timeframe using a very successful method.
They tried to get my post removed by filing with TrustPilot that I had violated TPs guidelines. They failed.
They even went in and released my real name, personally identifying information on TrustPilot in their reply, clearly violating privacy laws, national (swiss) and international. They refused to remove my personal Information, forcing me to file with Trustpilot (who ended up removing their entry) and I also filed a criminal complaint with the Swiss Authorities since this was an intentional leak on their end. Trustpilot already reminded them of the guidelines they have to abide by.
Their excuse?
"When you purchase an evaluation you accept the terms and conditions where you accept the use of your name for activities in our social networks, we recommend you to read them."
They think they own Trustpilot and refused to remove the leaked data on their own. Took days and work with Trustpilot to correct this situation, this just shows you how unprofessional this prop is.
CFT Trading rules:
We insist that the trader’s freedom is very important, so we accept any type of strategy as long as the risk control is maintained. However exploitative strategies such as High Frequency trading, tick scalping, arbitrage or strategies that are not trading according to live conditions are not allowed. Also we do not accept traders who gamble, gets all the capital in just one trade or hedging.
Answer:
If I use a BreakEven EA to secure / risk-manage my trades, how is that "tick-scalping" when my intend is to get 20+ pips? Its not the strategy to "tick scalp" but to get big moves once price breaks out of a channel and since the MAJORITY of my trades are above 120 seconds, you can hardly speak of a "tick-scalping" strat. PLUS, if you watched the video, you know what I am doing. I made over 2600 USD in what? 6 minutes trading manually, just like I traded your scam prop?
Every trade has appropriate TP and SL.
Only scammers use the excuse and bend the wording of their own terms of services to fit their need.
The majority of my trades are 120+ seconds long and hence, it simply cannot be classified as a tick-scalping strategy and thereby isnt against the terms of services.
Of course now they claim I used some HFT EA which is absolutely not the case. But again, what else are scammers to do? Fish for excuses.
There also isnt a word about some min-trade-duration rule, only that they can claim whatever they want to get out of paying a customer. Typical Prop Firms model. CFT resorts to payout denials under bogus claims, just like FCFF, MFF and other firms, that were later investigated by the CFTC. Payout denial on false claims equals to fraud.
CFT wont post the entire history of the trades on that account otherwise their false claims would show for everyone to see. Even the snippet they posted show that the majority of the trades are within their terms and conditions.
Their response:
We have told you that comment since you know that the closure of your account is correct, you come to lie in a desacarada way to make you look the victim and tarnish our image with lies.
It is impossible that our support has told you that this is possible, please make the proofs public as we have done your trades.
Your trades all last 1 second, how can you say that you are using an EA for risk-manage? You were using a HFT EA....
And if they told you that you can use it because you only used it in phase 1 and not in the funded account? Did you think we would notice? Please stop lying.
-----
Your trades are "all 1 second" and "you are using a HFT EA".
Neither is the case and there replies show that they are only out to scam people out of money.
PropFirms, since the MetaTrade Server licenses changes are hurting financially, so is CFT and its my opinion that they no longer can pay or find the smallest excuses to get out of payments by even making false claims to deny payouts.
Their claims to get out of a payout are simply false and they themselves provided proof.
Tick-Scalping? False - see link to image of trade history
HFT EA? False - see link to image of trade history
Only 1 second trades? False - see link to image of trade history they posted.
With this in mind, you can make up your own mind if CFT is a scam-prop or not.
