When I requested for the first $40,000 payout from @E8Markets, they mailed me claiming I had traded during GBP news.
They said they would deduct the $9,700 profit I made that day because of it.
The funny part? I trade only XAUUSD.
I told them, “Fine. Deduct it. I’ll make it back next week.”
And before they even gave me the live account, they scheduled a Zoom call with me.
The first thing they told me was that their system had flagged my account IP address, and that another person in Europe had supposedly helped me trade my account.
I smiled. I immediately told them not to play that game with me because I knew exactly where that conversation was heading.
I shut that down immediately.
I trade my own accounts. I wasn’t going to let them manufacture excuses before I had even received the live account. But, I never knew they’ve already started.
I told them not to play that game with me. I trade my own accounts, and I wasn’t about to entertain false accusations.
The following week, I made another $10,000 during the Asian session, specifically so there would be no news-related excuse this time.
Then, I requested for the second $54,200 payout.
They rejected it again.
This time, the excuse changed.
According to them, I had risked more than 1% per trade, as if I didn’t know how to calculate risk to reward ratios after years of trading professionally.
Here’s the interesting part.
I traded the same strategy, the same risk model, and the same risk-to-reward ratios with both @FTMO_com and @E8Markets.
FTMO has paid me twice.
E8Markets has only given me excuses twice.
Experience has taught me that a prop firm’s true character is revealed when it’s time to pay you, not when it’s time to sell you another account.
And if you ignore this and chase flashy products, deep discounts, and new account types instead, don’t be surprised if you learn one of the most expensive lessons of your trading career.
You’ve heard my experience.
So, if you still choose to trade with @E8Markets and later find yourself fighting for your payouts, that decision will be yours, not mine.
I’m currently defending a man in a custody battle in the East.
The wife has left him, he supported and trained her up to post-graduate level.
The husband is a highly educated person.
She has left the marriage, abandoned the home, seized all his land documents, birth certificate of their kids and filed for the custody of the children of the marriage.
Every time I speak with this man, I feel so much pity for him. Despite all that he has endured, he is still not ready to fight back.
He still loves this woman and keeps making excuses for her.
She’s proudly antagonizing the marriage institution and her husband on social media on a regular basis.
Loving your spouse is okay, but it must always be clear that you are not weak and that some lines must not be crossed.
The real issue is that the "500 job openings" at Moniepoint do not exist. It's a popular corporate scam where you constantly recruit without actually hiring anyone, because showing a large number of job vacancies while advertising your aggressive recruitment campaign is a growth metric you display to investors. It shows that the company is "growing fast" which means they should invest more money.
"We can't fill 500 job openings" in an absurdly deep job market like Nigeria is just a fintech bro performing for USD to locate him from whichever venture capital or private equity investor he's targeting. It's the same thing as when an NGO lawyer jumps on every trending human rights case without really achieving anything - it's a performance for the oyibo with USD to reward them.
Motion without movement. Fake activity scam.