Com comes from regulatory sources and is checked by our legal experts. In Phase I, you must reach a profit target of 8% within 30 days. Use code for 5% discount: forexpropreviews Pros Direct funded account from $2,000 to $50,000 Trader receive account fees back +12% on the first payout Low fees Leverage. If you want to prove yourself and control up to 600K in funds, go through My Forex Fund’s evaluation. Jul 4, 2023 · In addition to My Forex Funds, Traders Union has also published the Funded Trader review. Here’s the comparison table for the My Forex Funds and True Forex Funds prop firms. , a Canadian business organization, all doing business as “My Forex Funds. itu juga membebankan biaya pendaftaran yang dapat dikembalikan mulai dari $99. #1 in industry. Replied to 24% of negative reviews. 2. #myforexfund #myforexfunds #myforexfundreview #myforexfundeval Who are My Forex Funds? My Forex Funds is a proprietary trading firm founded in July 2020 whose CEO is Murtuza Kazmi. 2,068 people have already reviewed Infinity Forex Funds. Oct 18, 2023 · Maximizing Your Forex Portfolio: Tips for Managing My Forex Funds Certificate. Welcome to my in-depth review of My Forex Funds. District Court for the District of New Jersey against Murtuza Kazmi, formerly of Phillipsburg, New Jersey, and his companies, Traders Global Group Inc. 1 1. They were incorporated in July 2020 with offices based in Toronto, Canada. From the review sample, the prop firm attracts up to 73% five-star ratings as shown below; Now, let me take take you through some sample individual reviews: This is especially true for day trading or scalping, where the position size is usually significantly bigger than for swing trading. Share. As a trader, dealing with a prop firm c My Forex Funds is one of the leading Forex Prop Trading Firms. 9. ly/pImxProp reviews: https://t. Please fix immediately and I’ll update the review. Account size up to: $300,000 *Choose your account size and make a payment. Jun 29, 2023 · Forex funds offer several benefits to investors. I have got 20k payouts from them before they paused their operation due to Mt5 shudown. by Prop Reviews. In this My Forex Funds review, we’ll ensure you have all the information necessary to determine if this is a trading firm that can match your requirements. Its amount is $49 - $4,900, depending on the chosen financing plan. Profit split of up to 85% of profits generated. Another important aspect of maximizing profits with your forex funds on MT4 is risk management. Clients of My Forex Funds can use the money received from the company to trade Mar 20, 2024 · Successfully completing both phases grants traders access to True Forex Funds’ funded trader community. It's easy to work out and attach stop loss and TP. They also offer a performance challenge with no daily drawdown limit, that should you pass, you could get funded up to $2,000,000 to trade with and a profit split Claimed profile. These accounts can be scaled up to $2,000,000 as you keep having good results trading. Despite extensive efforts to stabilize and improve our financial health, we have been unable to continue our operations. FTMO’s risk management program focuses on daily loss limits and drawdown percentages to protect traders and the firm’s capital. Get expert insights from PropFirmsDaily's blog. First Class Forex Funds is a reliable platform where payments may be delayed. According to the CFTC, My Forex Funds generated at least $310 million in fees from its prop trading business. Forex trading can be highly volatile, and beginners often find it difficult to manage their risk effectively. Nov 2, 2023 · In conclusion, both FTMO and My Forex Funds offer robust risk management strategies for forex traders. 10%. Unlike most prop firms, MFFU not only grants you access to substantial capital, trading resources and risk About My Forex Funds. Brilliant customer service too. Apr 11, 2024 · First Class Forex Funds offers competitive fees for its simulated evaluations. Will post update once I'm funded. This includes setting stop-loss and take-profit levels for each trade to limit Sep 14, 2022 · Hey guys! This video is all about How I Deal With the My Forex Funds Daily Drawdown. MFF: https://traderoomplus. With a variety of account sizes and scalability options, along with an impressive profit split payout structure, they have garnered Dec 14, 2023 · Trustpilot. S. They firmly believe that talent knows Dec 27, 2022 · About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright Apr 25, 2023 · In this My Forex Funds review, we’ll discuss the unfortunate reality of My Forex Funds scams, and how you can protect yourself from becoming a victim. Data on Myforexfunds. Jan 5, 2024 · According to the My Forex Funds website, the minimum spread for currency pairs is 1 pips. May 22, 2024 · Avoid Myforexfunds. In a startling turn of events, My Forex Funds finds itself trapped in regulatory issues as Canadian provincial securities regulators and their counterparts in the United States have issued freeze orders on the firm’s trading activities and access to its bank accounts. In this video I compare FTMO Vs My Forex Funds and the results are surprising in this prop firm comparison!💡 LEARN How to Trade Forex here - https://bit. It requires a deep understanding of market trends, analysis, and the ability to make quick and informed decisions. However, the regulatory action shuttered the business overnight. You will be entitled to receive a 100% refund of the registration fee for accessing the accounts on successful completion of the evaluation process. Their response is almost immediate and the manner in which they assist is profound. Additionally, forex funds are managed by professional fund managers who have expertise in forex trading. They offer undercapitalized traders three different account types to get funded with and a chance to work with up to $2,020,000 capital while earning up to 90% profit splits. — The Commodity Futures Trading Commission today announced it filed a complaint in the U. Jan 28, 2023 · The firm has an overall rating of 4. C. Are you intrigued by the idea of combining the stability of a prop trading firm with the flexibility of managing your Forex funds? My Forex Funds offers a compelling solution to aspiring traders seeking funding opportunities. The best Forex Prop Firm that I use, gives an opportunity to every trader in the world to learn forex trading seriously & disciplined, if you follow the rules Sep 1, 2023 · Washington, D. The program even offers opportunities for further growth, with the potential to scale up to a remarkable $2. Intentionally ban trader based on make up IP problem, even I trade on the same equipment, and 100% solo trader. Forex trading involves inherent risks, and it is crucial to have a solid risk management strategy in place. What we love about The 5%ers: The 5%ers is a fantastic option! They’re among the best in the game, with instant funding, a wealth of trading resources, and programs supporting multiple trading strategies. Leverage CFDs. Let’s find out more…. Nov 8, 2023 · My Forex Funds offers a proprietary trading program that aims to discover talented traders and provide them with the capital needed to harness their strategies effectively. I have raised my issue with this as the 2 trades Be the first to know about promotions and discounts. Requested my 1st payout on Friday 28th June and money was in my account by Wednesday 3rd July. Mar 12, 2024 · Free retakes — Traders who don’t violate the trading rules but also don’t reach their profit target get two free extension or unlimited free retakes. Date of experience: January 16, 2024. Jul 1, 2023 · The carry trading strategy involves borrowing in a low-interest-rate currency and investing in a high-interest-rate currency. This review will delve into what proprietary trading company offers, its unique features, and whether it stands out in the competitive Forex scene. My Forex Funds Review pros & cons. Select from 100+ top-tier-regulated brokers featured in our unique Find My Broker tool. I would 100% recommend joining this platform for a great trading experience. However, it also involves risks that can lead to substantial losses if not managed properly. 93% of these reviews give five stars, leaving it with an overall rating of 4. Scaling programme that can take you to a funded trading account of up to $2,020,000. 2 2. Jul 13, 2023 · The death of the trading period is here. It has a verified profile with over 5,700 reviews at the time of writing. Trading with leverage and floating narrow spreads is carried out on MT4 and MT5 platforms. In the video we will go over what they do wrong and what to look for in other forex prop f Apr 9, 2023 · My Forex Funds is a prop (proprietary) trading company that has been providing its capital to professional Forex traders since July 2020. Fees. The additional trading platform option was added in order to create the best possible trading environment for forex traders. Sep 7, 2023 · My Forex Funds is not a Good broker because of many clients complaints and report about their lost money to My Forex Funds scam, based on 9 months live trading of an experienced clients, great spreads news and fake reviews about My Forex Funds scam, My Forex Funds has a very poor customer support. They came back with Ctrader and got my accounts traded again and payouts were processed seamlessly using Rise. Awesome. For example, you make 2% profit during that day, now your drawdown will be 7% for that day, the bad thing is that if you let the trade roll to the next trading day and your trade goes to break even (-2%) your drawdown now will be 3%. Apa itu My Forex Funds? 5. In this review, we will delve into the platform’s unique features, trading conditions, and the benefits it offers to traders. They used to be top propfirm. In return, traders are entitled to keep a share of the profits generated by their trading activity. An In-Depth Look at My Forex Funds. True Forex Funds. Click to rate this post! [Total: 2 Average: 4. Overview of My Forex Funds Revi My Forex Funds (MFF) Review (2024) 8 Expert Score. However, I would give 4. If you get scammed by a broker, you have few options to get your money back. 5 days ago · The Forex Funder is one of the best funded trading platforms I have ever encountered. The platform has more than 135,000 customers, who paid about $310 million in fees. Replies to negative reviews in < 2 weeks. This strategy is popular among forex funds as it provides the potential for consistent returns, especially in stable market conditions. MyFundedFutures (MFFU) is a leading futures prop trading firm that equips aspiring, funded traders with simulated funded accounts and the software resources necessary to succeed in the futures market. Asks for reviews — positive or negative. 0 out of 5, based on over 33 reviews left anonymously by employees. Their offerings stand out due to their distinct and lucrative funding programs, and the seamless trading experience they provide. One of the main benefits of My Forex Funds Accelerated for beginners is its focus on risk management. by FPR Team. 5 stars if I could as a small amount of my profit was deducted due to a soft breach of the consistency rule. As for the fee of My Forex Funds itself, it is charged once during the subscription payment. Nov 21, 2023 · Pros of My Forex Funds. Retail FX prop trading. My Forex Funds video review May 21, 2023 · In this video, I'm sharing MY FOREX FUNDS with you! My strategy for trading currencies is simple: I use trend analysis and technical analysis to find good op Feb 28, 2022 · My Forex Funds, on the other hand, claims that Traders Global Group is not a broker and thus does not require a license. I also go over why I risk 0. 60% on my funded accounts. Deposit and withdrawal. The platform comes with a variety of funding options, providing a chance for traders to get into the game with capital ranging from $50,000 up to a staggering Situated in Canada, My Forex Funds was launched in 2020. Another aspect that was addressed is the prompt payouts of Jul 4, 2023 · My Forex Fund Review: A Comprehensive Analysis of PerformanceIntroduction:In the world of Forex trading, investors are constantly seeking ways to increase their profits and minimize risks. Jan 21, 2022 · My Forex Funds has a pretty decent Evaluation phase which is slightly more generous than FTMO and other leading proprietary funds. My Forex Funds firm's reply behavior to negative reviews is up to the standard having replied to 66% negative reviews with a response time to their negative reviews in less than 7 days. So far so good. Andrei Filipescu. My account number is 6011720. On the other hand, My Forex Funds provides diversification and risk rating systems to help investors choose My $100K funded account is in profit over $2400 on ctrader and no breaches but the dashboard is falsely breached on daily drawdown. Start your trading journey with us today! True Forex Funds is a relatively new prop firm offering funded accounts to forex traders, ranging from $10,000 to $200,000. 8. The program provides account sizes ranging from $2,000 to $50,000, with the potential to scale all the way up to $2 million. Depending on the product that you choose, you may get immediate funding, which applies to the Rapid and Accelerated products, or need to pass a 2-phase Aug 9, 2023 · My Forex Funds Review - Pros and Cons of My Forex Funds (A Detailed Review). Jun 22, 2023 · Accelerated Program: This program is for professional traders who wish to start trading with real money immediately. They have its offices located in Toronto, Canada. This unique model allows MFF to attract a wide range of traders, from beginners to seasoned professionals. Pros: MyForexFunds. One popular method is investing in Forex funds, which are managed by professional traders with extensive experience and knowledge in the currency markets. Further, traders had the option to "skip" the challenge. Prop News. Rather than complaining, I suggest traders concentrate on their trades. Com as it is not regulated by a top-tier regulator. With MFF you also have a 5% daily drawdown but it will be based on equity. Sep 4, 2023 · Action has been taken against two companies operating My Forex Funds and their owner. Dec 22, 2021 · My Forex Funds discount code ''forexpropreviews5'' : https://myforexfunds. Feb 24, 2024 · Forex Capital Funds Review. We sincerely appreciate the dedication and hard work by Prop Reviews. Since 2020, the goal of this company has been to provide trading funds to undercapitalized traders. The platform has had more than 135,000 customers sign up since November 2021. Date of experience: 08 April 2024. But i am sure that they are having problem with the cashflow at the moment, so they have to make up IP thingsto scam profit from trader. Muhammad Rahman. The accounts come with an 80% profit split and great trading conditions – it’s clear to see why the company is now on our top rated prop firms list. Despite its relatively recent entry into the market, it has quickly garnered experience in funding traders. Their goal is simple: to try empowering traders worldwide by unlocking the transformative potential of their skills. The CFTC has charged My Forex Funds with 300 million dollar Fraud. Gain access to up to $600K in funded simulations. Sep 2, 2023 · My Forex Funds Review: Comparing the Pros and Cons of Automated Trading SystemsTrading in the forex market can be both exciting and challenging. Useful1. Available account sizes are $10,000, $20,000, $50,000, $100,000, and $200,000. Traders can choose from various evaluation sizes based on their risk tolerance and trading experience. Founded in July 2020, My Forex Funds is the brainchild of CEO Murtuza Kazmi, operating out of Toronto, Canada. Lastly, if you want live account from day one, try funded accounts. However, by respecting the rules, you can be assured of receiving your funds. 3 … At MyForexFunds, we've dedicated ourselves to perfecting every aspect of our business to ensure our long-term presence and your sustained success. Apakah My Forex Funds terpercaya? 5. , a New Jersey corporation and Traders Global Group Inc. At the time of the writing, the company is doing very well on TrustPilot. 10 months ago 0 16799. They are offering traders a chance to work with capital up to $2,020,000 with a generous profit First Class Forex Funds is a reliable platform where payments may be delayed. Very poor customer service. To read an in-depth review, please visit the official website of Traders Union. . Mar 8, 2024 · The CFTC initially charged My Forex Funds and its CEO with fraud at the end of last August. However, slippage is worse than any other firm, and support staff are slow and sometimes incompetent. However, not all traders have the time or expertise to dedicate to forex trading…. Useful. Advantages of trading with My Forex Funds: No country restrictions except for Canada. 9 on Trustpilot with more than 6,500 reviews, and 92% of the reviews point to My Forex Funds (MFF) being an excellent prop firm. 5 million. My Forex Funds funds traders with account balances that go from $2,000 up to $300,000. Hope you understand. Great profit splits — Profit splits for Evaluation accounts start at 75% and go all the way up to 85% or even 90% for VIP traders. Forex funds invest in currencies from around the world, which can help reduce the risk of investing in a single currency. If you have ever invested in foreign currency exchange, then you probably know the risk involves; it’s not just about earning money – it’s also about avoiding potential losses due to dishonest traders and scam artists. I like and respect MFF, however my experience with them is below my expectations (customer service, slippage) Date of experience: June 01, 2022. A great prop firm and possibly will be. Jul 6, 2023 · Discover a comprehensive review of proprietary trading through My Forex Funds. com/s/ytdcHow To Pas Oct 23, 2022 · My Forex Funds é a melhor mesa proprietária de FOREX? saiba a minha opinião pessoal sobre isso. The truth is that anyone providing a financial service in the form of a trading server is acting as a broker, and thus the issuance of a license must be a valid argument. com/Our Funded Trading Discord: https://traderoomplus. You can visit the My Forex Funds website or read our review. As soon as you pass the challenge, achieving the required targets without breaking any rules, you’ll be rewarded with a funded account to trade. From enhanced spreads and lightning-fast execution speeds to strategic broker partnerships, we're committed to providing our funded traders with the best possible trading environment. 5] Prop Firm Review -The 5%ers. As a funded trader, you can trade with capital of up to $400,000 and enjoy an 80% profit split. May 2, 2023 · Today I passed the 5000$ MFF Challenge phase 1 in a few hours so I will be breaking down how I passed it and explaining how I got there!My Instagram: https:/ May 23, 2022 · Yes, My forex funds allows payment to be made in crypto as well as traditional payments facilitated by DEEL. Developed by a team of experienced traders and financial experts, this system combines cutting-edge technology, algorithmic trading, and expert analysis to provide traders with a competitive edge in the market. Program Structure and 1st payout received! mummytrades_fx. They are offering traders a chance to work with capital up to $2,020,000 with a generous profit Mar 17, 2024 · MyFundedFutures Review 2024. Customer service has been prompt and professional. Here’s a comparison of the leverage provided by My Forex Funds and The Funded Trader prop firms. The new market order panel makes entering and managing trades very easy. The customer service is very polite and helpful . My Forex Funds, a prop trading firm, has terminated its services as the Commodity Futures Trading Commission (CFTC) in the United States and the Ontario Nov 13, 2023 · This can give you an idea of its profitability and risk level. The Forex Capital Funds (FCF) is prop firm where they are on a mission to revolutionize the trading world. 2 years ago 0 8311. Forex Capital Funds has great ratings on the Trustpilot platform from a sample of 120 reviewers (December 14, 2023 ). My Forex Funds are one of the leading legitimate proprietary trading firms in the industry that is attracting forex traders worldwide. Profit Target. Nov 20, 2023 · Baca Express tampilkan 1 selamat datang Kaum Berotak, Mari Kita Bahas Tentang My Forex Funds Review 2 Kelebihan My Forex Funds 3 Kekurangan My Forex Funds 4 Informasi Lengkap My Forex Funds dalam Tabel Berikut 5 FAQ (Frequently Asked Questions) 5. That’s about as good as it gets. However, the platform also comes with strict trading objectives, limitations on hedging melakukan My Forex Funds memungut biaya？ 5: seperti setiap broker forex, My Forex Funds membebankan biaya saat Anda berdagang - baik dalam bentuk biaya komisi atau biaya spread. With over 300 staff world-wide and 2000+ customers per day from around the globe, it has cemented itself as a market leader. com/?wpam_id=33760Prop discount codes: https://t. Also, a $3 fee per lot is withheld from a trader for each transaction. 92% of employees would recommend working at My Forex Funds to a friend and 66% have a positive outlook for the business. Official Closure of True Forex Funds. Read our review on the amazing prop firm My Forex Funds who offer traders up to $400,000 capital to trade with. Date of experience: July 03, 2024. Overall, a seamless experience. It allows traders to bypass the evaluation stage and start earning from day one. ly/ Nov 7, 2023 · Charging defendants, doing business as “My Forex Funds,” with fraudulently soliciting at least $310 million in fees from more than 135,000 customers to trade leveraged, margined, or financed retail forex, and leveraged retail commodity transactions. One of the main benefits is the ability to diversify your portfolio. Forex trading offers a world of opportunities for investors to diversify their portfolios and potentially generate significant profits. FTMO, The Funded Trader, and My Forex Funds have all announced that unlimited trading days will now be available on Clients of My Forex Funds can use the money received from the company to trade currency pairs, metals, oil, stock indices and cryptocurrencies in CFD format. We regret to inform you that True Forex Funds has ceased all operations and will be closing permanently due to financial insolvency. This time, we will focus on My Forex Funds! We have prepared a single review about the firm, as well as five video comparisons that show us how they differ compared to other industry-leading proprietary trading firms. It suggests three financing plans including a program of a quick start with a live account on the day of subscription payment. We would like to show you a description here but the site won’t allow us. They are always responding quick and solve any issues for the clients. Account Size. The decision to use My Forex Funds as your prop trading platform is not one to be taken lightly. My Forex Funds Review on TrustPilot. My Forex Funds is a prop firm that provides qualified traders access to company accounts of up to 2 million dollars. Overview of My Forex Funds Since its inception in July 2020, My Forex Funds has signed up thousands of traders and paid out millions of dollars. Sending trading account credentials takes a couple of days and it’s even a Complete waste of money because if you eventually get to make profit on their live account they don’t pay out either and they start writing new rules on their site. Oct 13, 2023 · Read our My Forex Funds Review for more details! The 5%ers: Best for All Trading Styles Category. Nov 14, 2023 · My Forex Funds Accelerated is an advanced trading system designed to help forex traders achieve their financial goals. Sep 11, 2023 · 🔥BREAKING NEWS🔥 My Forex Funds Shut Down?! In this video, I dive into the recent events surrounding My Forex Funds. My Forex Funds discount code: forexpropreviews5. If you like conte Feb 26, 2022 · Myforexfunds / my forex funds reviewthis video is about the success results of my forex funds . Like any other prop trading firm, My Forex Funds offered a trading challenge on a demo account, with a fee, of course. Author: The Forex Geek | Published: February 24, 2024. Service use: Live Length of use: 6-12 Months. These accounts allow for working with up to $2,020,000 capital and earning up to 90% profit splits. Oct 17, 2023 · Our First Class Forex Funds Review reveals a trading platform that offers a mix of opportunities and challenges. However, after carefully weighing all of the platform’s features and benefits, it is clear that it is a wise investment. Don’t waste your time. This rating has decreased by -8% over the last 12 months. Read about their experiences and share your own! It has been a while since we started making video reviews and comparisons. My Forex Funds. They offer three distinct funding programs catering to varied trader needs. Welcome to our comprehensive review of My Forex Funds, a leading proprietary trading platform that offers an exciting opportunity for traders to access a funded account and take their trading journey to new heights. Date of experience: 31 August 2023. They extend opportunities to undercapitalized traders by offering three unique account types. Veja se é mais vantajoso operar por ela ou por outras mesas m May 9, 2024 · True Forex Funds is a Survivor and Trustworthy. One Step Rules. My Forex Funds were founded recently, in 2020, however, they are already creating waves in the industry, with funding up to $50,000 funded instantly with no challenges. [Press Release 8771-23] Sep 7, 2023 · The Bust of My Forex Funds My Forex Funds, which ran an extensive advertising campaign on social media globally, was a typical prop trading firm, at least on paper. The firm distinguishes itself through its flexible approach. com/s/mffFunded Trading Plus: https://fundedtradingplus. Excel in FX with MyFundedFX, the best evaluation services firm. Jan 5, 2024 · My Forex Funds has an overall rating of 4. The profit-sharing model, with a potential share of up to 90%, is attractive and aligns the platform’s success with that of its traders. Hopefully MFF will catch up with the volume of traders joining them. By placing a specific balance onto their account, users can let the robot do its job by automatically buying and selling currency according to preset parameters. MyForexFunds has received negative feedback. What is MFF (My Forex Funds)? It is a trading firm with its main headquarters in Toronto, Canada, and operates in more than 150 countries globally with over 80,000 traders. FEATURED. My Forex Funds generates revenue through a trading algorithm that analyzes the current state of the foreign exchange market and makes a trade based on user input. ” Nov 14, 2023 · Additionally, the program provides a set of proven trading strategies that can be used to generate consistent profits in the forex market. Traders aim to profit from the interest rate differential between the two currencies. Pays for extra features. My Forex Funds is pleased to announce a new addition of the MetaTrader 5 platform to their funding programs. 2 years ago 0 3101. With diverse funding programs, a wide array of tradable assets, and a flexible fee structure, FCFF caters to traders of all experience levels. Highly recommend this prop firm to any trader who is looking for funding. ly/ Aug 30, 2022 · #ftmo #myforexfunds #daytrading2 BEST FOREX PROP FIRMS COMPARISION | ftmo VS My forex funds | which one is better ? In the above video I have done a comparis Jul 1, 2023 · MyForexFunds Review: Final Thoughts. Some reviews addressed the firm’s trading conditions, providing traders with fair opportunities to earn profits. Your maximum drawdown is 12%, and the daily drawdown limit is 5%. Aug 17, 2023 · My Forex Funds is no ordinary trading platform. jl yr ws cy eo wl en ob dg da