What are the most common red flags or warning signs that a prop firm might be a scam or could deny my payout? I know 3 already like, u start to see Vague or constantly changing rules that seem designed to make you fail. Also, a lack of verified proof that they actually pay their traders. Is there a history of payment proof beyond just social media?. Lastly, Lots of unresolved complaints online about denied payouts or poor customer service. Look at the 1 stars, if they comin in recently look for another firm. All that on thetrustedprop
Ohh! Thank you! I'd also say to check them out on verified prop auditing platforms like The trusted prop is very important. They've basically done all the investigative work for us for free.
Ai reply as customer care
Payout get denials after complying to all the rules
CPI
Agree with all of these. For me, delayed payouts with vague excuses are another major red flag. If traders keep asking where their payout is and support gives the same generic reply every time, that says a lot.
Agree with all of these. For me, delayed payouts with vague excuses are another major red flag. If traders keep asking where their payout is and support gives the same generic reply every time, that says a lot.
They send a fake check or image and ask you to refund the difference.
If their customer support isn't good