proptradetech.com Reviews 

7
TrustScore 2.5 out of 5

2.3

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2.3

Poor

TrustScore 2.5 out of 5

7 reviews

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2.3

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(7)

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Rated 1 out of 5 stars

Worse tech provider to prop trading

Worse tech provider to the whole prop firm industry.
Scammed traders and owners alike and now the main man Marcus Featherstone has gone to blueberry so be aware folk.

This was an 8cap proxy company to scam traders.
They have lost their metatrader license as a result and loads of prop trade tech firms have now gone.

29 August 2024
Unprompted review
Rated 1 out of 5 stars

This company should be banned and their CEO sued

Not only a tech service provider to hft prop firms, they are business partner of the latter, take their activities over once these hft prop firms are facing difficulties. PTT are also directly involved in payments, and hence the enormous quantity of unpaid payouts due to hidden rules or false breaches they couldn't prove.
In other words, this company helps creating/multiplying scams in the prop firm industry. One example being Infinity Forex Funds.
All scammed people should introduce a complaint to ASIC and their founder/CEO Alastair Prior be sued.
Eightcap has also a clear responsibility, as PTT is likely a subsidiary of one of their branches. See also Eightcap's website, /en/challenges/.

8 July 2024
Unprompted review
Rated 1 out of 5 stars

EIGHTCAP runs Prop Trade TECH

EIGHTCAP runs Prop Trade TECH, operating deceptively in the shadows. They manage numerous prop trading firms, particularly those involved in high-frequency trading (HFT), while using Prop Trade TECH as a front. EIGHTCAP makes it appear as if Prop Trade TECH is a legitimate, independent company, luring genuine prop firms with promises of real returns. In reality, EIGHTCAP controls all the payouts and fraudulently denies withdrawals, citing bogus "IP address" issues.

As a victim of EIGHTCAP's schemes, I experienced trades on my own accounts that would mysteriously close and disappear as if they were never executed. Additionally, I encountered manipulated historical data during backtesting, which provided different results based on the lot sizes used, without any explanation from their side. There was also excessive and unexplained slippage compared to other brokers. This deceitful practice has now been exposed, and there is ample evidence to take down their scam operation.

21 May 2024
Unprompted review
Rated 1 out of 5 stars

EIGHTCAP RUN PTT (PROP TRADER TECH).

EIGHTCAP RUN PTT (PROP TRADER TECH).
You know...the scam backend company running loads of prop firms, specifically HFT firms. The cowards hiding behind the curtains who don't show their face and run a huge Ponzi scheme. They get the actual prop firm to just do marketing and be the face of the company, promising them good legitimate returns, only to take full control of the payouts and falsely decline everyone for "IP address" BS. Guys you're now getting exposed and there's all the evidence needed to take your scam operation down. Anyone thinking of starting a challenge with a prop firm run by PTT or thinking of running their own prop firm under PTT run like hell. These guys will tell you everything you want to hear and then scam you with no contact.

20 May 2024
Unprompted review
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