UPDATE: Still awaiting refunds on banned accounts with no response in nearly a week

UPDATE: ETF has since stopped replying to my emails even though they still have yet to provide any valid explanation or refunds for the affected accounts.

They have tried twice to have my previous review removed by Trustpilot, although Trustpilot is leaving it up and making me remove the account reference info.

(remember this detail if they do come back and respond saying they could not reference my account, they COULD and unlike the many other reviews left up here with entire account numbers in them they used this as an excuse to flag and try to remove my review instead of respond. (it’s a failed eval not a bank account guys come on lmao)

Again I have talked extensively with other prop firms about this policy breach and pretty much across the board they are saying this is an outright scam. Let’s lay it all out 1 more time.

1. It is not established anywhere in the rules/terms/policies whatsoever that you cannot use Take Profit/Stop Loss/Limit Orders or that they must be within a certain percentage of the market.

2. The only instance this would ever be an issue would be around news events, and if that were an issue for the prop firm many choose to disallow news trading (ETF however does not)

3. The idea that they are “protecting traders” by using a fill like this to disqualify 10k in profits, while also not being forthcoming in the least to any actual details of the actual fill and referring to “internal mechanisms” as though they are some trusted entity and not a nearly 20% 1 star rating on here is a joke.

Again I have talked extensively with the 2 other firms I work with, both laughed at the idea that I could be held responsible for “unrealistic fills” pretty much stating there is no such thing when it comes to my position sizing (literally 1-2 micros max) and that if the market moved through my order it should fill granted some slippage on a fast moving market (They are using the same platforms essentially running through tradingview/tradovate so nothing proprietary or special here in this instance)

I pressed them for details if somehow it was determined I did. 1 firm says it simply would not happen and if I had a fill on my platform it would be considered a valid trade and honored.

The other after emphasizing it has never happened previously, said if anything if there was some issue the trade in question would simply be nullified.

Again I had $10k in profits on this 100k account, along with 5 other 100k funded accounts with 20k+ profits spread amongst them, all wiped out.

I passed up on a job opportunity with the intention of trading these accounts fulltime (at the time I had just received my initial payout and had just put this 1 through)
Now I am probably going to need to put most of that initial payout into legal fees trying to claw the rest of my funds back from ETF while playing catchup on my trading journey elsewhere.

Again just don’t bother with these guys, let my wasted year serve as a warning to others to just move along and don’t waste your time with ETF.

I’m happy to provide any further details to anyone who’d like to reach out.

Yes I did my due diligence, I emailed EXTENSIVELY with their support because I too ignored the red flag of 20% 1 star ratings on here.

I assumed if I just nailed down every possible rule I could be immune to becoming 1 of those 1 star reviews myself.

But no, they will literally just make something up as they did in my case.

End of the day I wish they had just denied my initial payout because again I literally gave up on real life opportunities to follow through on this scam.

I suspect either they are just very close to insolvency and unable to payout (as evidenced by their seemingly never-ending chain of promos/add ons/fee adjustments recently) or a support member from one of the firms suggested they may have some algo running determining each user’s profitability and dumping traders as they become too successful (i.e. money flowing to the user not to ETF)

Either way there is a reason there is nearly a 20% 1 star rating here while no other reputable firm comes anywhere near 10+. DON’T IGNORE IT.

EDIT: Going to include the "threatening email" once more in this review as well (this was the justification on their part for banning me and wiping my other 5 100k funded accounts and the 20k in profits on them) again I'll let you be the judge.

“If you’re forcing me to take this public I am sure after I upload my update you will find a need to explain further details publicly, and I’ll leave it to your P.R. and mods to handle that dumpster fire when it comes to it. Good day.”

They refunded 5 of the 6 "account activation fees" still waiting for the 6th along with all of the eval fees etc. but it has been a week since I've received any response.