Looks like this will be a fun one. Just at a glance there is no Day Trade Academy so how that name got connected to these guys is a mystery to me. I think a lot of the comments on here are actually directed toward that program but lets see if we can make sense of all this craziness.
Now these guys are trying to align with politicians. You have to sit through 15 mins of some guy pitching you lies about changing the world. Nice… scum of the Earth. Hermes you are the only one that sounds like scum on here. You are a troll and should be ashamed of yourself. The world could use less of you!! You are just as bad as the owner of this site. If you are okay with being grouped with Emmet then keep doing this. He is an actual x con. He is actually a convicted criminal.
Not these guys. Read my feed back below. People like you make trading so difficult. If you have been watching politics this is exactly what you are doing. Are you even a real person of do you work for this site. We should meet up sometime in person if you are up for the challenge. Yes, this is an absolute scam! They know how to hide the BS that is for sure. Bottom line is, their indicators are garbage.
Their coaches know nothing about trading and in fact hardly any are making money actually trading. In fact, that alone will take you 3 years to get from them because they change the rules constantly even if you do some how get lucky enough to get funded to that point. They lie about their accuracy. Just stay away from these guys and their MLM branch off companies.
Hermes you already sound like a fake person! What evidence do you have? What program did you do? Who was your coach? What company did you sign up for. This guy is likely a competitor or trolls as a hobby. My understanding is they only do fulfillment for a bunch of trading companies. You sound like an idiot. A simple look online and you can see that these guys actually do a ton of good. You have waisted space and peoples time here.
If you bought a program with 30 days to try it again shame on you for writing this. This is why I think you are a competitor. I was a sucker for their program. The coach I had was pretty good. He taught some excellent foundational skills. However, they are incredibly dishonest about their results.
They would send out an email showing their performance, and it was complete BS. Their indicators are not much better than moving averages, which you can get free. I still trade Forex, but I do not use their indicators or their suggested broker. Their indicators are mostly MA. Thats why they hate it when their coaches use moving averages. Their coaches are victims just like their scammed customers. The coaches live in this diluted paradigm. None can prove that another is making any money actually trading.
They win big for a week then lose it all.. Their coaches barely know what pips are is their largest issue. Their weekly pip reports are highly inaccurate. Many in the group pointed this out and the school said they would fix it. It was the coaches fault they said…the coaches averaged out or something behind the scenes. I am actually making real money now that I left them. I had to do a lot off reprogramming in my head, but bottom line is….. I feel bad for people there. Simple answer.
Put them away for years for defrauding the public. Good hard time is what they deserve for screwing with people. Maher it is clear you have not done any actual research on this. I am calling you out for trolling. Makes you wonder what happened to you as a child that would have you jump to conclusions so fast.
I just got on here to do an update on somethings I discovered. Maybe read that and my previous posts. For what? What if they could lock up people for writing Fake News? Is this why you are not being specific of who you are. All 14 companies that Kevin Jones and gang in Utah have out there as MLMs that use the same coaches and same indicators.
Hermes you said 30 companies before? You are not being clear. Also how do you know these guys? Do you have the company straight. Did you try their product. If so which company? Seems like a big jump. I was tricked into joining this company. I gave them I begged for another opportunity with a different coach and they gave me like 6 free lessons but that coach was totally not into teaching me for free.
It was very clear. Id attend all the groups that they had and I would feel totally lost. They made you feel stupid if you asked questions. I did nothing but lose money! Is there anyway to go back and fight them for my money back? Say what company and I bet neither of these guys own it. My coach barely knew what a pip was. Finally I put up a stink and wanted a different coach. By then it was too late.
Just stupidity really. They said that was illegal. I did some digging and proved to a few that it was not illegal and they can show me…. Hopefully something happens. Could it be the same stuff? I am someone who works as an executive of Day Trading Academy and we are based out of Utah and do about 30 million in revenue a year. Neither of these two people are even janitors of our company.
There is some major confusion here. I am also looking at the report and I have been in this industry for years and what this is proportion is not possible. Even for this broker this is not fraud it is just them not complying with certain US laws. It looks as if there was question wether these guys were acting as an introducing broker. It has nothing to say or do with a program, nothing to do with there trade success, nothing to do with hurting customers. I just want to first say we are not this.
These guys are not us and furthermore the facts here are so questionable to bring us into this I would question the relevance of this article. Here is our web site and if you have any questions regarding this or found this site looking into our company please feel free to contact us. The company out of Utah is a giant scam. The revenue they produce is from scamming people to buy their garbage courses and garbage indicators.
No coach can prove they make money with their indicators. In fact most of your coaches that have souls have left you for a reason. You do know you have a secret little group of people that have added things to your indicators and lean entirely on those added things instead? You should check into that. Those added things are mainstream indicators that anyone with a broker terminal can have by the way. I wanted to ask you if you think these are the same people behind the following two sites also.
The first site has the same exact offer for the education and funded accounts as described in your review. Lastly, there is a recent posting on ripoffreport. What does one make of that? Is it just another ploy? Because it seems genuine. Yes, they are all the same. They have dozens of websites peddling the scam. Its the typical pyramid scheme. Here a few affiliated sites, but the State of Utah cannot Cease and Desist them fast enough…. I think there is some major confusion here.
These are all Independent Companies. The way I understand it is they are like a Franchise. I guess that word is attractive and sexy. It strikes fear in the the ears of the listener. Also the same with the group list of sites. The credibility of this article is very questionable. Emmett I am really sorry but this is just not correct. Most of these are owned by Fortress Pattens and other owners.
This is a mess man. Give us something that actually makes sense. This is just blatantly wrong. They seriously just change names anytime they get under any heat. Once the system stops working, the people sell it. You can actually see this in some of the old time traders happening right now. Hi guys I just wanted to clear the air a little hear. I know this group, I have traded with them and met these individuals and this is by far the worst coverage of facts I think I have ever read.
I guess if you are looking for something negative well you will find it here. There was a case with the CFTC that the company is paying a small fee for an alleged allegation for one of their coaches possibly being an introducing broker. This is all public information that somehow missed the article. Tallinex was not misrepresenting any income claims. That is not even in the case with the CFTC.
Where did you make this up from. The allegation was someone from this group, possibly a coach. Capitol City Market is also in no way owned by these guys. You are giving them way too much credit. These guys are small time. They run a clean shop and occasionally people loose money and scream from the roofs.
I know there was a guy who worked for them named Terry Rodgers who was a competitor who left this group, stole clients, and has poorly tried to compete. Hey Dave or should I call you Forrest? So, this blog is completely false? Is this the fourth MLM scam that these 2 have put together?
Well, Forrest the answer is YES! That is really all anybody needs to know, but Forrest you want to say there is no fraud alleged by the CFTC. It is against BOTH companies. Forrest, if these guys are such an open book have them show how many people actually make money with their program. My name is Dave. Is this some kind of troll joke. I guess I would ask what the name is of the 4 MLMs they have ran.
Saying something online without any facts is just dumb. Who are you? What is your relationship to this group? It is so easy to just get on and say some words, to actually do some research would take work. I would ask for just one to prove your point. I actually know these two individuals and Tel Cel Solutions was a telecom auditing business for corporations.
Where is the risk? In fact a high one. Welcome to business and trading. Hey Guys I am back on with a new update. I just heard through the grape vine that this complaint is pending settlement with GTF and not Tallinex. Tallinex was the big fish the entire time. That it actually took place a while ago and that there was some coach of theirs who may or may not have acted as an IB without the knowledge of GTF.
It seems the CFTC got clear what had happened and they came to a resolution to settle the matter out of court and it is pending approval which we should see published publicly on the CFTC site soon. So I am not sure if that rumor was created here or given by another person. I also heard the former employee was possibly the coach acting as an IB behind the companies back and the CFTC may look into taking action on this individual who has sense left the company and started his own coaching business.
Interesting twist I would say. I always love a good ending. They did have this issue that also was a problem from the coach that did some shady stuff independently yes, that is a fact. That does not make all the shady things this company does go away though. They have a background with issues. Why lie to people? Why take from people?
Do some research. Stop screwing people over. I just spoke with someone working for Franklin Liberty and they sent me a video developed some guy named Levi this last February. It is exactly this program you describe.
The other costs are the same. The biggest question I have for him is, if you can make so much money at this, why are you wasting your time trying to sell the program to me? It makes not sense. The presentation is convincing with a lot of bells and whistles. But if you know what you are looking for, you can tell pretty quickly that there is no way this would work with any amount of accuracy.
The interesting part was that in the presentation, he said that Kevin Jones started this company 18 years ago and showed a picture of Kevin Jones, but the picture is some old man, not the Kevin Jones that appears on LinkedIn or in this review. I believe Jones SR. Man am I glad I looked these guys up. I know nothing of day trading and almost made the jump. TOOOO much bad history on the owners. If it sounds to good to be true it probably is. Please someone on here say a company name actually owned by these guys that you have had experience with.
The problem is, they have names. As far as the parent company, it changes names more than most Californians change genders. Just stay away from anything Kevin Jones. If the name of a company is diluted, thats your first sign. Why not have one name and be proud? They hide on purpose. In fact, stay away from all coaching and indicator programs. The systems that actually work are secretive. Did you contact Tallinex and ask for their side of the story?
The phone call with Day Trade Academy was even worse. They would pick up the phone, hear my voice, then quickly hang up. Utah regulators are exasperated with these two charlatans. Utah is a pretty small state, everyone knows everyone. Its just crazy. Heck, the founder of the Mormom Church Joseph Smith was run out of upstate New York by an angry mob of men he hustled in a real estate ponzi scheme. He ripped off people all over the country, until he figured out the ultimate hustle…create the Mormom Church!
Made himself a living prophet. Its a whacky story. I visited his service once and saw that he seemed happy with it and the congregation. Indeed a weird story with magical stones. The recent crackdown on FX brokers like FXCM which was among the last to be exposed of the old mt4 gang back in the last half-decade, is rather a long time coming since they have had little regulation.
I know the basic pairs and the fact that brokers take the other side of your position. Futures on the other hand have a purpose for hedging and some do trade them profitably over the long term. With FX it seems to be harder to find independent traders that make a living from speculating them.
Oh mean, really too much to get into now. Kind of like the penny slots compared to the futures and stocks 25 cents to multidollar slots. Correct about brokers often taking the other side of the trade often unscrupulously stop hunting or slippage stuffing. Anyone can look back at the steep past history on those forums and probably archive.
Thanks for the post, very informative. The bank I worked for had an enormous currency desk. These guys were very active trading all day. Obviously that was with institutional money, but I was always intrigued. I almost thought it made sense since you can always look for a pair that was active or trending. Once I heard that brokers needed you to lose then I realized it was rigged against retail to lose for sure.
Is it safe to say fx is better suited to swing trading? Just my 2 cents worth. I trade Forex via IB, as the way I understand it they use an exchange and you are not competing against your broker. The nice thing about currencies, if you catch them right, they can trend for a long time. Personally I try to look at the macro economic picture.
What is a particular country doing and is there currency trading at a current historic value and do I see something that might change that. By the CPU load, it seems that all should work fine. But there can be many reasons why your VPS is running slow. You should contact VPS hosting provider about this. These are my computer specs. There is no one answer for this. Usually it is about 4 mt4 terminals for each CPU core so terminals should work fine. I downloaded the MT4 from their site and followed your instructions.
Any thoughts? It works with all MT4 brokers including Hugosway. If I wanted my client account to take half size lot e. Master Account 0. Yes in client ea set riskratioserver to zero and lotmultiplier to 0. Hi Rimantas, awesome program i am interested. But do I have to have all the tabs open at the same time in order to receive the copy of the trades? Is there no way to just open the window of the master account and automatically copy the trades to the other accounts without having the accounts open?
And is it possible to do it from the mobile application, I do not use the computer so much but the phone yes, and I would like to put a position from my phone and that in the other accounts are copied. All platforms must be running all the time for the copier to work. No problem at all. Trades will be copied. We use dedicated Windows servers from vpsforextrader. Thanks for taking the time to do this. Hi Rimantas, Very thanks for this post, your setup really works for my needs, considering that my system runs on Linux and Wine.
In theory I would say it is similar to the way one install multiple instances on regular Windows, however I am not fully sure because on Mac for example, the way wine and MT4 installation is embedded makes things a bit more complicated. Can you provide me with more details on how you installed your multiple MT4s on a Linux environment? Thanks a lot! Hi, with every additional program or additional instance of the same program that you run, the computer will run slower.
This is obvious. Additional MT4 will obviously slow down computer, but most computers nowadays can run 4 or even 10 MT4s easily. You can install MT4s on different drives, no problem. I hope this helps. Yes, of course. You just need to attach each EA onto a separate chart.
Yes, MetaQuotes does not limit the number of MT4s. The limit of 32 instances comes from the Windows OS system. The trick to overcoming this is simple, you just create additional Windows user and run another 32 MT4s there. On a computer where you are running MT4s, there is absolutely no reason to watch videos, browse the internet, or play video games. A computer where you have your MT4 platforms for trading should be dedicated only to that. The video was for exemple of course but not the browser.
You can copy trades even between MT4 platforms that are running on separate Windows users. You have to use CustomWorkingDirectory parameter for that. One is a live account, and the other is a demo account. Hi, running multiple MT4s on the same computer with different of the same broker should not have any impact on EA and indicators. But if they are built correctly then they should operate fine. Have you heard or know how they retain their fees monthly?
That was the advantage of PAMM accounts as all funds would be disbursed if was under one broker. Those who want performance fees based on high water mark to be calculated for customers, they use my Signal Magician software. Hello good day, please i want to know how i can manage multiply account, lets say 20 client account , since vps can only take fewer mt4.
We recommend vpsforextrader. Their dedicated servers can handle hundreds of platforms. Windows however has a limit of 32 platforms per user. But this problem only applies if you will need to run more than 32 platforms. If you have any further questions please contact me at support ea-coder. So this means no, you cannot copy trades from the MT4 manager. But you can copy trades from those accounts that you have in MT4 manager. You just have to load them on a regular MT4 Client Terminal, login, and then copy from these accounts.
Notify me of followup comments via e-mail. You can also subscribe without commenting. Skip to content Share on Facebook. Forex traders need multiple MT4s on the same computer mainly for these two reasons: The first reason is to login into separate MT4 accounts at once. Yadagiri Pandala June 6, Mary June 6, Rimantas Petrauskas June 28, Dear Mary, glad to be useful. Fred Lottering June 6, Best Regards, Fred Reply.
Dear Fred, i am happy that you have ideas how to make money in Forex. Will do my best to help you with the software. Fx LiveTrade June 6, Thank you Rimantas! Stuart June 7, Ferenc Kovacs June 7, Correct and clear. Stefano Mastria June 7, Rimantas Petrauskas August 7, Hope this helps. R,Lima October 8, Rimantas Petrauskas October 8, Please contact me by email.
Thanks Reply. Nick January 14, Thanks for the explanation. You have done a great job in helping me to understand. Rimantas Petrauskas January 14, Regards, Rimantas Petrauskas Reply. Millie October 6, Manfred Bartz December 21, Rimantas Petrauskas December 22, Nick June 4, Would turning max bars to on each client help? Rimantas Petrauskas June 4, Gary June 22, Excellent article!
You Da Man Rimantas!!! Rimantas Petrauskas June 23, Abdalmouhemen July 28, Some MT4 dos not give me any choice to select where i want to install it Reply. Rimantas Petrauskas July 28, Andrea July 29, Rimantas Petrauskas July 30, Rimantas Petrauskas August 4, Hello, your case sounds complicated and honestly I did not understand what the problem is exactly.
Erick Segura August 30, Hi Rimantas, excellent work!!! Rimantas Petrauskas August 30, James September 11, Rimantas Petrauskas September 11, Thanks, James. Your feedback is highly appreciated. Regards, Rimantas Reply. Rimantas Petrauskas October 6, Gary October 6, Dear Rimantas Regarding your instructions…. What to do now?? Rimantas Petrauskas October 7, Dear Gary, MT4 installation sometimes is a bit different among brokers.
Gary October 8, Here is the link you asked for [hidden] Reply. Rimantas Petrauskas October 9, Actually this is explained in my article above. Gary April 1, Thanks for all you do! Rimantas Petrauskas April 1, Thanks Gary. I appreciate your feedback and glad I can help.
Joe November 27, Or I will have to install all over again the same MT4 accounts as new ones in diff folders? Thanks and look to read from you soon. Rimantas Petrauskas November 30, Bhanu November 28, I ve been using 4 different platforms. Its really useful to me. Rimantas Petrauskas February 18, Rimantas Petrauskas March 5, Dimitris March 16, Any suggestions how to get around this issue? Thx Reply. Rimantas Petrauskas March 16, Rimantas Petrauskas March 17, Gary March 16, Dimitris March 17, Gary June 6, Zander May 13, Am i missing something?
Rimantas Petrauskas June 5, Matt June 14, Sean July 4, Rimantas Petrauskas October 11, Hi, thanks for your feedback. Albert October 18, Rimantas Petrauskas November 7, Marcos November 7, Thanks for you time. Rimantas Petrauskas November 21, Incorrect File names? Fell better using computer.
Rimantas Petrauskas February 22, Casa March 8, Rimantas Petrauskas April 18, Toni April 19, Hi Rimantas, thanks for the great articles and forex tools you make! Thanks in advance! And I run latest MT4 build Rimantas Petrauskas April 20, John Francis June 8, Rimantas Petrauskas August 28, If yes then what system do I need if not then what is the best way possible to do this Thank you for the answer Reply. William Henderson September 26, Rimantas Petrauskas September 26, Wiliam September 27, Rimantas Petrauskas September 30, Vashum October 4, Rimantas Petrauskas October 4, Anders arlius January 12, Hi, will the application copy trades that are done on the account or copy trades are done by the MT4 application?
Best regards Anders Reply. Rimantas Petrauskas January 15, Best regards, Laurent Reply. Rimantas Petrauskas May 16, Great post Reply. Rimantas Petrauskas June 11, Thank you Reply. Tony Ang August 16, Rimantas Petrauskas November 5, Thanks Rimantas Reply. Rimantas Petrauskas January 30, Reid February 25, Rimantas Petrauskas February 26, Hope this helps Reply. Brian May 10, Rimantas Petrauskas July 17, Elizabeth July 21, Rimantas Petrauskas July 21, Have a nice day Reply. Elizabeth July 22, Thank you so much Rimantas, appreciate your teachings.
Fernando Aguirre September 11, Hi, thanks for your comment we appreciate it. Have a nice day. Albert October 30, Did you ever find a solution to this problem? Rimantas Petrauskas October 31, Ericand42 January 9, Rimantas Petrauskas January 9, Thanks for reading. Miguel April 1, Arturo July 23, Arthur Reply.
Mike May 2, Rimantas Petrauskas May 7, Lukombo Sindanyambe August 1, Hi Is the copier able to work alongside a scalping trading EA on the same chart? Rimantas Petrauskas August 12, Michel Roelans August 25, Rimantas Petrauskas August 25, The video was for exemple of course but not the browser Reply.
Thanks a lot, exactly what I need. Hi Rimantas, great article. It would be great to get your feedback and insight on tihis. All the best. Erik Graham September 18, Thanks, Erik Reply. Rimantas Petrauskas November 8, Thank you!!
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About Cookies Accept Cookies. Free online courses on the concepts and tools of financial trading For active traders, investors, educators and students Lessons utilizing our award-winning trading tools Provided notes and quizzes to help reinforce each lesson. Neutral Option Market Strategies Learn how to define short straddles and short strangles; learn how to construct these option strategies and under what conditions they may pose positive or adverse effects on profits and losses and understand how to calculate breakevens, as well as learn about the roles of implied volatility and time value.
Functional Cookies Functional cookies enable our website to provide enhanced functionality and personalization. Targeting Cookies and Web Beacons Targeting cookies and web beacons may be set through our website by our advertising partners. Do Not Accept Cookies. The fees are low and the charts are always updated. Author of Tallinex: Blacksland Date The platform MetaTrader 4 works fine no delays there.
Their trading conditions are good and easy to use the platform. I called their support team regarding some commissions which were bad calculated. Those complaining of slippages and requotes I hope they are aware that this issue is normal to all brokers.
Author of Tallinex: Gloria Date It is just fooling the people. They are slow, customer support is unresponsive and there are often problems with withdrawals. They refused to give me bonus but advertise this online. They do not tell the truth just try to trap customers with scam broker tactics. Author of Tallinex: Shen Date Trading with Tallinex is not always perfect. During normal market condition, I am able to earn well and make impressive trading results.
However, when there are news announcements or big events, I am no longer hoping to get desirable results. As a matter of fact, I just avoid trading during news announcements because the broker's platform cannot handle it. It would either lag or crash which will result to losses. Author of Tallinex: Hazael Date So far, I never encountered any issues with them and trading were running smooth. The best part I like about this broker is simple trading platform and easy to understand and use.
Order execution were sent as I wish and spread is fixed and not increasing. I called to their staff on March 19 about document verification and also able to respond in a specific time range without any delay. Author of Tallinex: Salman Date The reason I opened a trading account at Tallinex is the fact that they have a much lower trading cost compared with other brokers.
I'd say this broker is most suited to small retail traders. However, what I don't like is the poor quality of their trading platform. I always encounter problems in my trading activities because of the issues in the platform. I have raised this concern to the company already and they said that they will get it fixed soon.
But so far, there is still no improvement. Author of Tallinex: Rita Date I can't happy with the Tallinex's platform execution, As always order execution isn't perfect for places, where I want to open or close position. I am also very convinced to become my money back. So I have contacted all possible addresses, which found on the internet. While Tallinex is located in Israel and I had no guarantee to get my money back!
Author of Tallinex: Kleo Date I noticed unusual things happening such as screen freeze, prices going in opposite direction and heading towards my stops, prices shooting back up, trades being closed and a lot! So at that point I decided to close my account with them and decided to not return again.
Add comment. Positive review.
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I have been with Tallinex for about 6 months and my experience is excellent they just became partners with the Online Trading Academy. Blueberry Markets is an Australian forex and CFD broker established in and regulated by ASIC (Australia) and SCB (Bahamas). Blueberry. T+ daily murn.janaw.xyz T+ daily