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- ✨New Challenge Types and New lawsuits ⚖️
✨New Challenge Types and New lawsuits ⚖️

Rise and Shine Traders! This is TradeDaily, delivering you daily updates inside the trading industry.
Mr. Monke
On today’s Menu:
MyFundedFX launches new Challenge ✅
TTrading League launched 👀
FPFX lawsuits heat up ⚖️
the launch of RoundTableTRD
😊 TTrading Leagues launches new Platform
Another Day, another new platform launch.
“the further the industry evolves the further away from trading we venture”
With the launch of TTradingleague by Matt Mortimer and Charlie Williams we see a new venture to create standalone trading competitions with low-barrier to entry, making access easy to everyone.
Today, The Official TTradingleague Twitter announced 3 competitions following todays launch:
The Trading League is now live!!
Join 1 of 3 current live tournaments and target the top of the leaderboard to become champion! 🏆
— The Trading League (@TTradingLeague)
11:19 AM • May 6, 2024
Without any public statements from Matt or Charlie the launch seems to be going well… but wait…
Not so fast!
SheikAlgo points out a security issue allowing anyone to login and trade any account on the platform.
So, @TTradingLeague just launched. They have their own web trading platform.
Anyway, it took <20 lines of Python code to login & place a trade. More dangerously, there is a security issue that allows anyone to login (no password required) & trade on any account.
@Mattmortimer3— Sheik Algo (@SheikAlgo)
1:38 PM • May 6, 2024
We hope to see the problems get fixed soon and look forward to reporting more on TTradingleague as the platform grows.
MyFundedFX 1-Step Max Program
MyFundedFX release a new 1-step max program with a daily profit cap and 7 day payout period. more details below:

After the announcement traders took to twitter by storm sending the industry into a heated debate as only 33% of traders see value in the new challenge as detailed by the recent poll Matt posted:
What are your thoughts on the new 1-Step Max plan?
— Matt (@MattLeech)
6:37 PM • May 4, 2024
Following the announcement of MyfundedFX E8markets also releases a new challenge type by sheer coincidence, both with the same capped daily profit limit:
Capped eval win-win?
Texas CEOs by sheer coincidence roll out identical format - capped evaluations, the same minute.
Potential opportunity to increase failure rate AND appeal.
In evaluations, make it possible to qualify in "0 days" by replacing the DAILY profit cap with… twitter.com/i/web/status/1…
— FundTraders (@FundTraders)
6:23 PM • May 3, 2024
Which begins to bed the question. Are these CEO’s truly creating a new challenge type to appeal to the industry, or is a new way to disguise a consistency rule as pointed out by TraddooThomas:
A daily profit cap of 2%
With an 8% profit target
Is essentially just a 25% best day consistency rule
— Thomas Faulds (@TraddooThomas)
6:37 PM • May 4, 2024
FPFX tech lawsuits are heating up
Owner of FPFXtech Justin Hertzberg, sues TopOneTrader and Fundedengineer. As new details unfold FPFXtech is demanding mandatory mediation for all damages against FPFXtech.
FPFX vs Funded engineer
By lawyers for lawyers spends more time in courts than communicating features of their "for traders" products.
— FundTraders (@FundTraders)
4:25 PM • May 6, 2024
Also in todays legal news, FPFX tech files a complaint against TopOneTrader for breach of contract.
FPFX vs TopOneTrader
Breach of contract caseH/t TraderNok
— FundTraders (@FundTraders)
4:23 PM • May 6, 2024
as more details unfold on both these cases we will do our best to keep you informed!
📈 Trading Insights
Phantom ICT release a long form tweet detailing his future with trading:
Hey guys, just wanted to give an update. I will not be talking about any trading related content anymore, so please unfollow me if you want. Fully transitioning my content to AI. It’s the future and will be one of the biggest industry out there soon. I’ve been active with content… twitter.com/i/web/status/1…
— Umair (@phantom_ict)
2:05 AM • May 2, 2024
DayTradingRuaf, Matt Loeber, and NickDoesFutures launch the Roundtable giving traders access to Private coaching, Daily Classes, Livestreams, Trading meetups, & more.
To learn more about the content provided by the roundtable watch DaytradingRuaf’s new YouTube video:
❤️ New on YouTube
Todays new YouTube videos published by the most popular traders
1.) Trades by Matt: $160,000 in 2 Months Trading Futures
In this episode of the Words of Rizdom Podcast we are joined by Matt Miller. Matt is a Veteran Trader with over a decade of experience in the markets. Matt was Number 1 in the world on the Robins Cup leaderboard, achieved over $160,000 in payouts from futures props in 2 months and was recently described by ICT as the best day trader on Youtube.
2.) Intro to Futures Trading @ Prop Firms
This video is a beginners guide to become familiar with Futures Trading, as well those looking to transition from forex to futures or to get started with futures prop firms.
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