MPFunds is a Singapore-based company and a leading prop firm in Asia. I have been using them since June 2023. I was initially attracted to MPFunds due to its Singaporean roots and the high quality... Toon meer
Bedrijf heeft geantwoord
We verifiëren geen specifieke claims omdat reviewers hun eigen mening mogen geven. We kunnen reviews echter wel als 'Geverifieerd' bestempelen als we bevestiging hebben dat er een zakelijke interactie heeft plaatsgevonden. Meer informatie
Om de integriteit van het platform te beschermen, wordt elke review op ons platform – al dan niet geverifieerd – gescreend door onze geautomatiseerde software. Deze software kan inhoud identificeren en verwijderen die in strijd is met onze richtlijnen, inclusief reviews die niet zijn gebaseerd op een echte ervaring. We zijn ons ervan bewust dat we weleens wat over het hoofd zien, dus je kunt altijd reviews rapporteren waarvan je denkt dat we ze hebben gemist Meer informatie
MPFunds is a Singapore-based company and a leading prop firm in Asia. I have been using them since June 2023. I was initially attracted to MPFunds due to its Singaporean roots and the high quality... Toon meer
Bedrijf heeft geantwoord
MPFunds is one of the best propfirm I've been trading with. I managed to get funded account and received payouts several times with no problem at all. I would say that there are no hidden rules besi... Toon meer
Bedrijf heeft geantwoord
1st, Swing Features is suit to my Trading Strategies, Can hold weekend and Close/Entry during high Impact News. Because, sometime i doesn't know when my pending order was triggered and Hopefully can a... Toon meer
Bedrijf heeft geantwoord
Hi, MPfunds is a good propfirm. 👍🏼 There are just a few points I'd like to comment on. Minimum trading day would be better if you can reduce it just to 1-3 days, cause there doesn’t count... Toon meer
Bedrijf heeft geantwoord
Established and headquartered in Singapore, MPFunds is Asia's 1st Modern Prop Firm, operating with the goal of identifying talented traders. Traders will need to undergo a 2-Phased MPFunds challenge to ultimately trade with simulated capital of up to US$400,000 and be eligible for rewards on their trading performance. On top of that, with our scale-up program, talented traders will have the opportunity to maximise their simulated capital allocation of up to US$1,000,000. Here at MPFunds, we believe in rewarding success. Our traders are entitled to receiving rewards equivalent to 80% of the profit generated on the demo account. To complement this, the reward timeline is swift, with traders able to request reward withdrawals as early as 7 business days. Unlike conventional firms, MPFunds also focuses on nurturing our traders with the 4Cs - Coaching, Courses, Counselling, and Customer Support, ensuring all traders are in a holistic trading environment. Take part in the MPFunds challenge and be rewarded for your trading talent today, built exclusively for those who dare to dream big in the trading world.
1 Paya Lebar Link, #04-01 Paya Lebar Quarter, 408533, Singapore
Geen recente geschiedenis van het vragen naar reviews
Dit bedrijf heeft hun klanten niet recentelijk uitgenodigd, dus reviews zijn mogelijk niet representatief
Zo gebruikt dit bedrijf Trustpilot
Ontdek hoe ze hun reviews verzamelen, beoordelen en modereren.
So I passed both stages of 200k swing account and before receiving details of 200k funded account they shared an email with me with new terms associated with the mention of having mandatory stop loss and also no more risk that 2% per trade idea, my question is why these terms were not advised on website or before buying a 200k swing account ??
Secondly today my trades even after having SL, closed at a WHOPPING 600 POINTS (60PIPS) AWAY FROM MY SL ???? and that too today being a day when there is no major news event either.
I also tried contacting their customer care but an absolute class-less response from customer care with sarcastic responses. After Trust pilot I will be also mentioning about their wrong doing in detail on multiple other platforms as well !!
My questions are simple :
1) Mandatory SL AND 2% risk per trade .. these points were not advised before buying 200k swing account and neither were they advised anywhere on website !! WHY ?? this clearly points to intentional fraud.
2) Why did my trades close 600 points(60pips) away from my SL ?? when there is no major news event !! These intentional errors from company's have completely disheartened me that I invested my time and money in something which is a fraud and only wishes to see each and every trader fail badly.

Antwoord van MPFunds
As an long-time user of MPFUNDS, I feel compelled to share some significant concerns that have emerged over time, which have led me to question the firm's operations and ultimately, to recommend against its use.
Delayed Payout Process: Initially, MPFUNDS advertised a payout timeframe of 7 calendar days. However, over time, this timeline has been extended with the exclusion of weekends, and most recently, Fridays have also been excluded from the working days. This change means that payouts can now take up to 14 calendar days, far exceeding the originally promised 7 days. The firm justifies these delays as necessary for processing payouts more efficiently and improving staff work-life balance. While the latter is understandable, it is evident that these delays are more likely a strategy to manage cash flow. Additionally, traders must wait an additional 1-2 working days for payout confirmation (excluding the day of request), which further prolongs the process. If MPFUNDS had clearly communicated a 14-day payout period from the outset, this might not have been an issue. However, MPFUNDS is still advertising a 7-day payout while consistently failing to meet that expectation is misleading and raises concerns.
Unannounced 2% Risk Rule: A new 2% risk rule was introduced without prior notice, catching many traders off guard. I will not go into detail for this rule as many have already voiced out in the other reviews. This rule, which is not mentioned in the FAQs, has caused considerable frustration among users and has the potential to result in unexpected losses during the payout process.
Increased Slippage: Over the past year, I have observed a significant increase in slippage against traders. While MPFUNDS attributes this to "true market conditions," we all know how prop firms work. This pattern raises concerns about the fairness and transparency of the trading environment provided by the firm.
Lastly, although some are real, I do question the legitimacy of some 5 digit payout proofs.
Unless MPFUNDS makes significant improvements, I believe many traders will choose to leave the platform. With the current standard, I find it difficult to introduce MPFUNDS to my peers.
Edit: Payouts are now processed in 2-3 business days(excluding friday and weekends and also day of request)
Edit 2: well well well... Personally I do have multiple live accounts awaiting payout and I believe it is as good as gone. I truly hope Dean Wong can fairly compensate the traders, especially those from Thailand which he have clearly spent a lot of time marketing in, and also traders from countries with less purchasing power than us residing in SG. Happy Trading!

Antwoord van MPFunds
บริการดีค่ะ ไม่เข้าใจขั้นตอนไหนถามซัพพอร์ตได้รับคำตอบรวดเร็วค่ะ ถอนเงินเร็วกว่าที่คิดไว้ค่ะ 2-3 ไม่รวมเสาร์อาทิตย์ โดยรวมประทับใจค่ะ

Antwoord van MPFunds
So basically after 15 days I took to pass ph1&ph2, and then waiting for another week to get my funded account, instead I got an email saying they not offering Thier services in my country and issued a refund.
The question is would they consider telling me before I took the challenge ?
The answer is that when I fail the account, it will be my fault and loss the fees, !
They simply made me more frustrated.
Also they have a processing problem as Thier way in issuing accounts takes forever.
Btw, I checked the restricted countries and mine was not there, that's why I bought a challenge
Please support don't answer this review

Antwoord van MPFunds
Good experience with this prop firm including trading conditions and customer support

Antwoord van MPFunds
Good team managing the prop firm and good feedback from their support

Antwoord van MPFunds
Excellent prop firm with good trading conditions. Most importantly, the pay out the traders on time!

Antwoord van MPFunds
They implement new rules halfway only when you are successful (2% rule). This rule is extremely predatory and is extremely hard to trade, especially for those on swing accounts. Completely defeats the purpose of having the swing account option. 4 day business week and payout schedule is good for the team but extremely bad for traders. Beware. There are definitely better propfirms out there

Antwoord van MPFunds
Clear rules, nothing hidden from the trader. If you don't break any of the rules, you get to keep your account. Simple!
Customer service is also extremely quick to reply.
Overall a reliable prop firm.

Antwoord van MPFunds
Honest Review of MPFunds Prop Firm
First and foremost, my experience with MPFunds has been far from satisfactory. Here’s why:
1) Minimum Trading Days Requirement:
MPFunds requires a minimum of 5 trading days for both Phase 1 and Phase 2. This is the longest I’ve encountered among any prop firms. After meeting the minimum trading days, you’re forced to wait an additional 1-2 business days to receive your Phase 2 account. And note, their business days are Monday to Thursday only, which is incredibly inconvenient.
2) Unannounced Rule Changes:
After passing Phase 2, they introduced a new rule for Phase 3: "Implementation of 2% Maximum Risk (PHASE 3 ONLY)." This rule, which restricts you to a 2% risk per “trade idea” based on the initial account balance, was never mentioned in their FAQ or any documentation prior to this stage. It’s absurd to spring such a significant rule change at this point—especially when the firm already has daily drawdown and maximum drawdown limits in place. It makes you question the entire purpose of these existing drawdown rules.
3) Misleading Payout Terms:
MPFunds states that their payout system operates on a "7 business day" cycle. However, since Fridays are excluded from this count. This means that “7 business days” can translate into a minimum of 8 and up to 10 calendar days. They defend this by claiming it’s standard across the industry, but I find it misleading. A more honest representation would be to label it as a 10 calendar day payout process.
4) Poor Customer Support:
I had questions about the "2% Maximum Risk (PHASE 3 ONLY)" rule due to its confusing conditions, which seem designed to trip you up and lead to breaches. When I reached out to their Discord channel and emailed them for clarification, I was met with generic, unsatisfactory responses. Even when I provided examples and screenshots of my trades, they failed to address my concerns meaningfully.
Conclusion:
In summary, this prop firm is simply absurd. The lengthy and convoluted processes, unexpected rule changes, misleading payout terms, and subpar customer support make MPFunds a prop firm I cannot recommend for now.

Antwoord van MPFunds
Hi,
MPfunds is a good propfirm. 👍🏼
There are just a few points I'd like to comment on. Minimum trading day would be better if you can reduce it just to 1-3 days, cause there doesn’t count business days on Fridays(ang Sat, Sun). I just feel that after passing the test, the waiting time is quite long. and when purchasing a challenge, the receipts should be give via email or has it in dashboard immediately.
They provide good assistance when there are issues, and they respond to emails fairly quickly. Overall, though, it’s a very good propfirm.
Cheers!

Antwoord van MPFunds

Antwoord van MPFunds
Iedereen kan een review op Trustpilot achterlaten n.a.v. een ervaring met een bedrijf. Gebruikers hebben het recht om hun feedback op elk moment te wijzigen of te verwijderen, en elke gepubliceerde review is zichtbaar zolang het account van de betreffende gebruiker actief is.
Bedrijven kunnen reviews verzamelen via geautomatiseerde uitnodigingen. Deze reviews worden als geverifieerd bestempeld, omdat het evident is dat ze op echte ervaringen gebaseerd zijn.
Lees meer over geverifieerde reviews.
Wij beveiligen ons platform met behulp van toegewijde specialisten en slimme technologieën. Lees meer over hoe wij nepreviews bestrijden.
Lees meer over Trustpilots reviewproces.
Hier vind je 8 tips voor het schrijven van een goede review.
Verificatie helpt ervoor te zorgen dat echte mensen de reviews schrijven die je op Trustpilot ziet staan.
Beloningen aanbieden voor reviews of een slechts een bepaalde groep mensen vragen om een review te schrijven, kan de TrustScore beïnvloeden. Dit is in strijd met onze richtlijnen.