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
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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
Bedrijfsgegevens
Geschreven door het bedrijf
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.
Contactgegevens
1 Paya Lebar Link, #04-01 Paya Lebar Quarter, 408533, Singapore
- support@mpfunds.com
- mpfunds.com
3,9
Goed
139 reviews
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Clear and transparent company !
Clear and transparent company !
10 april 2024
Review zonder uitnodiging
Antwoord van MPFunds
Hi GW,
Thank you for the quick review and we hope to continue to improve to ensure that our services are not compromised for the best of our traders.
Trade safely,
The MPFunds Team
MPfunde is the best of prop firm 👍
4 april 2024
Antwoord van MPFunds
Hi yoeurn,
Thank you for your support over the past few months, we're glad to have a consistent trader like you with us!
We wish you all the best and continue trading well like you do!
Trade safely,
The MPFunds Team
MPFunds is one of the best propfirm…
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 beside what have been writen on their webpage. I only wish they add MT5 as another option of trading platform because with Ctrader an expert advisor can't be used.
Overall, strongly recommended.
27 maart 2024
Antwoord van MPFunds
Hi M.sna,
Thank you for freeing up your time to leave us such an awesome review! We're glad that your experience with us have been great so far, and continue doing what you do!
We hear you (and the community) on the request of MT5. We can assure you that our team is working very hard to find a reliable partner to make this a reality.
All the best and trade safely,
The MPFunds Team
Best experiences with MPF
Best experiences with MPF, particularly C trader plate form. Easy and fast withdrawal.
27 maart 2024
Antwoord van MPFunds
Hi Radet Hak,
Firstly, thank you so much for taking the time to leave us a review! We're happy to see your hardwork paying off with consistent gains! Continue trading well like you do and all the best!
The MPFunds Team
Antwoord van MPFunds
Hi there, thank you for your time to leave us a quick review, and congratulations on your payouts.
All the best and continue doing what you do best!
Trade safe,
The MPFunds Team
Exceptional Service across the board
I'm thrilled to share that my experience with MP Funds, my first-ever funded prop firm account, has been nothing short of remarkable. From the user-friendly interface of the website to the prompt responsiveness of their customer service team and the incredibly fast payouts, every aspect has exceeded my expectations.
I find myself wondering whether all prop firms operate at this level of excellence or if MP Funds is simply in a league of its own. If it's the latter, MP Funds has truly set a remarkable benchmark for me, should I ever consider exploring other prop firms in the future.
I hope you guys continue what you're doing because personally, I've had a fantastic experience with MP Funds, and I'm eager to see how you continue to raise the bar in the industry.
3 januari 2024
Review zonder uitnodiging
Antwoord van MPFunds
Dear Shaheer,
Thank you for the kind, detailed review. It really acts as a form of encouragement to all of us here at MPFunds, and makes us strive harder to better the experience for our traders.
We will continue to improve, and to keep our services constant and consistent to make sure you and all our traders get the very best.
Looking forward to getting more payouts from you!
All the best and safe trades ahead!
The MPFunds Team
The best propfirm I've been trading…
The best propfirm I've been trading with, as of now. Fair rules, decent pricing. Got my very first payout from them. It was fast. However, I violated the trading rule and ended up breaching the account. Looking forward to buy another challenge from MPFunds.
26 januari 2024
Review zonder uitnodiging
Antwoord van MPFunds
Hi Rafellino,
Thank you for sharing your honest review! Glad to hear that you got your payout, although it is unfortunate that your account was breached after. Then again, we've all been there! We look forward to having you with us again!
Trade safely,
The MPFunds Team
MPFunds is my first experience with CTrader
MPFunds is my first experience with CTrader and having the only experience in trading was on MT4/MT5, I was afraid that CTrader is not a thing for me. Boy I was wrong, Ctrader helps a lot, especially with pre-calculating risks on my trades. So if anybody has doubts with MPFunds because of CTader, my advice is just give it a try, its awkward in the beginning, especially when trying to figure out one click trading ( Quicktrade on Ctrader). Im still on phase 1, will write another review if i get through funding.
My suggestion for MPFunds is on the account dashboard, maybe you can add whats the min account balance before hitting drawdown, on top of your max amount for drawdown can be made. I hope you can take this into consideration, Cheers
15 januari 2024
Review zonder uitnodiging
Antwoord van MPFunds
Hi Osman,
Thanks for your feedback on transitioning from MT4/MT5 to cTrader with MPFunds. It's encouraging to hear that cTrader's risk calculation features have been helpful for you. Your experience could definitely reassure others who might be hesitant about the switch.
We also appreciate your suggestion for the account dashboard. Adding details on minimum balance requirements before hitting drawdown is a great idea, and we'll definitely look into it.
Good luck with Phase 1, and we're excited to hear the good news from you!
Trade safe,
The MPFunds Team
News and Platform
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 add Swap Free Features. 2nd, Ctrader looks like Professional but i rather like using MT4/5.
9 januari 2024
Review zonder uitnodiging
Antwoord van MPFunds
Hi Amir,
Thank you for sharing your thoughts with us! We're glad to hear that our Swing Features align well with your trading strategies, especially the flexibility to hold over the weekend and during high-impact news events. Your suggestion about adding a Swap Free feature is greatly appreciated and duly noted!
Regarding your preference for MT4/5, we understand that every trader has their favorite platform. While cTrader is designed to offer a professional trading experience, we acknowledge the popularity and familiarity of MT4/5 among many traders. Your feedback is valuable, and we are looking into the possibility of incorporating these platforms in the future.
Thank you once again for your constructive feedback. We are committed to continuously improving and tailoring our services to meet the needs of our diverse trading community.
Trade safe,
The MPFunds Team
MPFUNDS is the best reliable company…
MPFUNDS is the best reliable company based in Asia, which all traders can take the best chance to enrich their future. They promised, and they did as recently I have got a giveaway of 1000 us dollars.
All the best,
6 december 2023
Review zonder uitnodiging
Antwoord van MPFunds
Hi Sokunna!
Thank you so much for your kind words! We are so happy that you chose us to embark your trading journey with. Not only that, you also won our recent giveaway for the month of November, so once again, a huge congratulations to you!
We wish you all the best in your trading and we look forward to having you funded with us!
Trade safe,
The MPFunds Team
I bought the $10K challenge on 13th…
I bought the $10K challenge on 13th november 2023 and has been trading daily for a total 10 trading with overall profit of $303.44. And suddenly today on 20th november, MPFUNDS failed my challenge because of maximum daily loss breached with a daily loss of $600.64 from a trade which I never took. The biggest loss I took was $360.44 on 16th november 2023 and th loss before that was $128 on 15th november 2023. THATS ON ENTIRELY DIFFERENT DAY! So i never hit the maximum daily loss. Even if those two losses are summed, it's only amount to $488.44 not $600.64. There was never a $600.64 loss on my trade history on the MPFUNDS dashboard, so where did the $600.64 loss trade came from if I never took the trade?
20 november 2023
Review zonder uitnodiging
Antwoord van MPFunds
Hi muddy sky (Antony),
Firstly, thank you for taking the time to write a review. However, upon checking, we realised our Support Team has already investigated and informed you the reason for your failure.
In case you have missed it, here are the details:
--------------------
Your account has violated the max daily loss limit of 5% on 17 November (UTC+0). Hence, your Phase 1 challenge was deemed as failed.
On this date (17th November), you closed a position of $-360.64 (Deal ID: 2998856), and another trade (Deal ID: 2999082) that, at one point of time, went into negative drawdown which violated the 5% max daily loss limit before you finally closed it in profit.
The Max Daily Loss Limit represents the Maximum Permitted Loss that can be incurred in a single day. This applies to ALL OPEN and CLOSED positions. The Daily Loss Limit resets at 00:00hrs (UTC+0) every day. Hence, traders are expected to ensure that their account equity does not fall below the 5% threshold drawdown each day.
Please note that the reset occurs at 00:00 hour (UTC+0) time, and not your local time.
--------------------
We hope this helps to clarify your issue as there was no foul play involved.
Thank you.
The MPFunds Team
Asia's First Prop firm.
Asia's First Prop firm.
Looking forward to working with you guys.
6 november 2023
Review zonder uitnodiging
Antwoord van MPFunds
Hi Yap,
Thank you for your review!
We are also looking forward to having you with us. Can't wait to celebrate your achievements together!
All the best,
The MPFunds Team
MPFunds is the only Asia based prop…
MPFunds is the only Asia based prop firm.
Their support team respond is fast and they know what they doing. I am confident as they are based in SG which is not easy to get a license from MAS.
Will definitely give it a try this month.
I had been traded with other prop firm like FTMO and TFT. Is time to diversified. Will update the review again once i tried with MP Funds. See you around! Cheers
4 november 2023
Review zonder uitnodiging
Antwoord van MPFunds
Hi Rishmond
Thank you so much for your kind review of us!
But to prevent any misunderstandings, we'd like to clarify that we do not have a license from MAS. As advised by our law firm, we are not required to be regulated at this current juncture. However, should the requirement arise, we'll comply with the relevant authorities.
We hope to be as open and transparent as possible.
Once again, thank you for taking the time to review us. We can't wait to have you funded and celebrate your payout successes together!
Trade safe,
The MPFunds Team.
Good and reputable prop firm!
2 november 2023
Review zonder uitnodiging
Antwoord van MPFunds
Hi Ronghan,
Thanks for your review. We can't wait to grow with you and celebrate your payout success together!
Trade safe,
The MPFunds Team
Great experience
Started the phase 1 challenge earlier this month and the experience is great so far. The rules are clear and the support team's response time is fast. The cTrader platform is great and much more user friendly than MT5.
29 oktober 2023
Review zonder uitnodiging
Antwoord van MPFunds
Hey Gilbert!
Thank you so much for your kind words! We do our best to ensure that all our client's queries are attended to and we're delighted to hear that your experience with us has been great!
Glad to hear that you are enjoying cTrader as well.
Looking forward to seeing you getting funded and paid out!
Trade safe,
The MPFunds Team
Everything are good until the rule breach notification
Registration, signing up, selecting plans, and payments all are smooth, cTrader is the only platform have to re-learn.
Reading that one of the comments that someone breached the rules and was still able to continue the challenge till Phase 1 and only got to know he/she was disqualified due to rules breach earlier, this is a big turndown when we passed the Phases and got to know that we were disqualified but not notification sent upon 1-2 days after breaching the rules, MPF please consider adding this notification in future.
20 oktober 2023
Review zonder uitnodiging
Antwoord van MPFunds
Hey Alex,
Thanks for taking the time to submit a review! We're delighted to hear that your experience with us and our platform so far has been good!
As for your second point, we'd like to stress that we do not send notifications or e-mail alerts upon breaches of our trading objectives. It is up to the trader's discretion and professionalism to keep track of their progress and limits via the dashboard.
However, we understand your frustration and we value your feedback on this matter. We'll look into it and consider this in the future.
Thank you once again for your honest feedback, and we wish you all the best!
Trade safe,
The MPFunds Team
I've been taken on the challenge from…
I've been taken on the challenge from many prop firms. This is one of the legit ones. Knowing that the company is headquartered in Singapore, where Singapore is the financial hub, they are very prompt in responding to your inquiry. I’m funded with MPFunds and look forward to the first payout. Keep it up, MPFunds.
20 oktober 2023
Review zonder uitnodiging
Antwoord van MPFunds
Hello Peggy!
Super happy and delighted to hear that you're enjoying your time with us. We'll continue to do our very best in improving and upgrading ourselves for our traders.
Looking forward to seeing you receive your payouts! Trade safe! ;-)
Best,
The MPFunds Team
Thanks MPFUND
Hi MPFUNDS,
I am thrilled to have Asia's first prop firm right here in Singapore. It gives me great assurance that payouts will be handled professionally and will be prompt.
I was fortunate enough to win the 25k challenge account previously. It was an invaluable learning experience, allowing me to hone my trading skills for a whole month. While I successfully passed the first phase, I fell short in the second phase. However, this setback didn't discourage me. I recognize my shortcomings and understand that becoming a successful trader requires dedication and perseverance. This experience has only reinforced my determination to practice and improve my trading strategies.
I would be incredibly grateful if I could receive a discount code for my next challenge or perhaps have the opportunity to win another challenge again.
MPFund is an excellent platform for aspiring traders who are serious about their craft and committed to making sound, calculated decisions. If you're looking for a reliable source of additional income through disciplined trading, MPFund is the place to be.
Thank you for providing such a valuable platform for aspiring traders in Asia.
Sincerely,
20 oktober 2023
Review zonder uitnodiging
Antwoord van MPFunds
Hey Galex!
We are delighted to be part of your trading journey and we can't wait to see what we can achieve together!
Trading is never easy, but as long as we learn from our experiences and mistakes - that's all that matters! :)
We look forward to having you funded with us.
Till then, trade safe and all the best! Remember, you have all the time you need to pass the challenge.
The MPFunds Team
The system is very good. Support work is fast.
I am the recipient of the fund. The system works very well, fast, Real time. Support is fast. The rules and regulations are in accordance with acceptable standards. Give 4 stars. If you can withdraw for the first time, you will give 5 stars.
19 oktober 2023
Review zonder uitnodiging
Antwoord van MPFunds
Hi Khemmakorn,
Thank you so much for your review! We are delighted to hear that you are enjoying our platform thus far, and our support works hard to ensure all your queries are answered to!
We can't wait to see your payouts with us! Looking forward!
Till then, trade safe!
The MPFunds Team
Great spreads and commissions!
A great prop firm with really good spreads and commissions, with market executions that are essentially instant.
A definite 5/5 prop firm and I'll be looking to maximise my capital allocation with the company for sure.
18 oktober 2023
Review zonder uitnodiging
Antwoord van MPFunds
Hey Joseph!
Glad to see that you're enjoying trading with us! Yes, never put all your eggs in one basket!
We can't wait to have you funded and see what you'll achieve with us!
Trade safe!
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