Exposure current dubious business practices
I was satisfied with TakeProfitTrader for two years. The cash-out process is transparent and reliable. That's a big plus point. However, over the last two months (or so it feels), dubious processes have become apparent on the TakeProfitTrader platform. New rules have been implemented on the sly, much to the detriment of private traders. Example: I have three active accounts, one of which is even capitalized (!). In one account, I manually go long on an instrument. In the second account, a small automatic algorithm runs, which goes short on the same instrument—but in a second account. Result: TakeProfitTrader immediately deletes both accounts without any warning. I have never seen this happen on any prop trading platform. For the past 2 days, a running application account has simply been deleted, even though all risk rules are ‘green’ and the account is even clearly in the black. Without explanation, it was simply made inactive. This has already happened to me twice.
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