All the Prop Firms BANNED me.... It's over! ( Lawsuit )

Summary

In this engaging comeback video, Andrew FX shares his journey in the prop trading industry, detailing his rise to becoming a top trader with over $6.7 million in funding and $1 million in payouts. After facing multiple bans from various prop firms due to their hidden rules, he decides to launch his own prop firm, Fortuna Traders, aimed at promoting transparency and supporting legitimate traders. Andrew discusses the challenges and lessons learned along the way, emphasizing his commitment to building a supportive trading environment while continuing to grow his personal capital.

Takeaways

• 🎉 Andrew FX announces his return to YouTube and showcases his new office setup designed for trading.
• 📈 He shares his impressive journey in prop trading, where he managed over $6.7 million in funded accounts and earned over $1 million in payouts.
• 💸 Initially, Andrew was a top VIP trader with My Forex Funds, benefiting from a 95% profit split and daily payouts.
• 🔍 Andrew highlights the lack of transparency and hidden rules in the prop firm industry, which led to his bans from several firms.
• 🚀 Frustrated by the industry's practices, he founded Fortuna Traders, aiming for a more transparent and fair trading environment.
• ⚖️ Fortuna Traders promises clear rules with no hidden conditions, ensuring that traders who follow the rules will receive their payouts.
• 💔 Despite losing all his remaining prop capital after launching Fortuna Traders, Andrew is focused on growing his personal trading account.
• 🏦 He aims to establish a hedge fund in the future while continuing to support consistent and profitable traders.
• 🌐 Andrew invites viewers to join Fortuna Traders, offering a limited-time discount for those interested in prop trading.
• 📹 He plans to produce more educational content on YouTube to help traders enhance their skills and navigate the prop trading landscape.

Q & A

What motivated Andrew FX to change his trading setup?

Andrew wanted a fresh and improved environment for trading and working, opting for a dual monitor setup to enhance his efficiency.

How did Andrew FX achieve success in the prop trading industry?

He became a top trader with over $6.7 million in funded accounts and made more than $1 million in payouts within a year and a half, primarily through aggressive trading strategies.

What challenges did Andrew face with prop firms?

Andrew faced bans from multiple prop firms due to aggressive trading practices and a lack of transparency in their rules, which often led to payout denials.

What is Fortuna Traders?

Fortuna Traders is a prop trading platform founded by Andrew FX, designed to offer transparent rules and a fair payout structure for traders.

Why did Andrew decide to start his own prop trading firm?

He wanted to create a platform without hidden rules and to ensure that consistent, profitable traders receive their payouts without unnecessary obstacles.

What were some issues Andrew encountered during the launch of Fortuna Traders?

The launch faced several challenges, including financial losses and operational difficulties, which required restructuring and adjustments to ensure a successful rollout.

How does Andrew plan to differentiate Fortuna Traders from other prop firms?

Fortuna Traders aims to focus on finding consistent, profitable traders while eliminating cheaters and ensuring fair payouts based on legitimate trading practices.

What offers does Fortuna Traders currently have for new traders?

Fortuna Traders is offering a limited-time 20% discount for new traders who join using a specific link, with account challenges ranging from $10,000 to $100,000.

What is Andrew's approach to managing personal trading capital?

Andrew plans to continue growing his personal trading capital while also working on establishing a hedge fund and focusing on building a strong track record.

What kind of content can viewers expect from Andrew's YouTube channel moving forward?

Viewers can expect more videos focused on prop trading, Andrew's trading style, and educational content to help traders improve their skills and leverage prop firms effectively.