Mdpfunding 

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See what reviewers are saying

Rated 4 out of 5 stars

I have had to create support tickets a couple of times through their Discord channel. I have received timely answers and resolution to the issues. I can't speak for the payout yet as I haven't rea... See more

Rated 1 out of 5 stars

Honestly ive had a awful experience so far. I've been chasing my payout since 3-4 weeks and still nothing. And they officially timed me out on their discord for repeatedly asking them when ill receiv... See more

Rated 5 out of 5 stars

MDP support has been really great to work with on getting my issues resolved in a timely manner. They consistently stayed with my ticket until we had a clear resolution even when the solution may not... See more

Rated 5 out of 5 stars

I had an issue where my Phase 1 challenge was passed but I had not received my Phase 2 credentials via email. I went onto MDP Funding's Discord channel and within just a few minutes, I had an email wi... See more

Company details

  1. Educational Institution

Written by the company

South Africa's largest proprietary trading firm. MDP Funding provides funding up to $1,200,000!


Contact info

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Avoid at all costs

Avoid at all costs

Scammers

Don’t expect you to pass the test and don’t like it if you do. Make their money from people failing the tests

Avoid - scam company

23 October 2023
Unprompted review
Rated 1 out of 5 stars

Appalling Service - Still waiting for funds since august

I cannot express how utterly disgusted I am with the abysmal service provided by mdp funding. I requested a withdrawal in August, and despite countless attempts to resolve the issue,I am still waiting for my money.

This company's incompetence is staggering. Not only have they failed to fulfill their basic obligation of releasing my funds, but their customer support has been nothing short of a nightmare. Endless promises, zero results.

If you value your time, sanity, and hard-earned money, steer clear of mdp funding. Their inability to handle a simple withdrawal is a testament to their overall lack of professionalism and disregard for their clients.

I strongly advise anyone considering their services to think twice. You're better off dealing with a more reputable and responsible company that actually honors their commitments.

Absolutely disgusted!

20 December 2023
Unprompted review
Rated 1 out of 5 stars

Avoid this B-Book prop firm unless you want to pay for an account that allows trading via EA bots but refuses to pay out profits

A joint venture between MDP and another company to earn profits via an EA bot from March this year, started very positively, with many payouts being made to this same client base as me, up until June 2023.

MDP even informed us that we wouldn't be treated in the same way as we were with another prop firm, but unfortunately this is not the case.

A generic email has now been sent to this client base, assuming all of us so potentially a few thousand, informing us that "your trading account with MDP Funding has been suspended due to some irregularities that have been identified."

The promise of the fee refund has also been refused due to these supposed irregularities on my account. There are no irregularities, since trades have all been opened by this bot. Haven't even accessed the account via MT4 which could potentially breach the account, and no one else has the account details.

Stay away from buying ANY funded account from this prop firm. They run B-Book so base their strategy on paying out the very few profitable traders vs. the ones losing challenges and breaching their accounts with their many, many trading rules to make it very difficult to gain profits.

As far as I can see, MDP have been intentionally delaying emails time and time again, promising updates soon, that never happened, to ensure the 120 day chargeback is breached. They also had a discord group that was soon shut down which should have told me then about the warning signs.

I have requested a copy of my trading account to see these actual irregularities, and not holding my breath.

The prop firm industry may very well be under review due to the recent news about other competitors, so don't fall for this scam, certainly with MDP.

I am sure I may even get a response here informing me that the suspension relates to other reasons so waiting with bated breath if this happens.

2 November 2023
Unprompted review
Rated 1 out of 5 stars

MDP Trading: Company Scam

I had the misfortune of dealing with MDP Trading, and it was a terrible experience. Here's why you should stay away from this company:

Shady Business Practices
Once paid your fees and qualify to your funded account, MDP Trading's practice is placing clients on a B book, rather than in live trading markets, this raises questions about their ethics and ability to fulfil commitments, which in my experience they do not. Totally unacceptable.

Failure to Deliver on Commitments
Despite following their terms and accumulating profits, I have not received any payment. MDP Trading appears to be little more than a financial scam.

False Claims and Silence
MDP Trading falsely claimed my account was inactive when I had requested a withdrawal of my profits. Their silence when I sought communication was alarming. They failed to honour their obligations and misrepresented facts.

In short, my experience with MDP Trading was a frustrating disappointment. I expected transparency and accountability, but I got simply scammed.

Avoid MDP Trading to protect your money and peace of mind. It is a company to steer clear of.

3 July 2023
Unprompted review
Rated 1 out of 5 stars

Stay away from MDP funding

Stay away from MDP funding. They don't pay out money and their customer service they had on discord is closed. Several months ago I asked them how long my account could be inactive and they said as long as I wanted. I have therefore been inactive for a few months to await their situation with payouts. Today they wrote to me your account has been inactive for 30 days, so we are closing your account. They have not notified me about changed rules. Fortunately, I paid with mastercard, so the bank will get my money back. STAY AWAY FROM THEM!

2 November 2023
Unprompted review
Rated 1 out of 5 stars

Submitted for withdrawal on September…

Submitted for withdrawal on September 15th 2023, and not only have I not received my profits but haven't heard a peep from the company itself.

This company was a recommendation from another company, which time will tell how things go.

It's a shame because the profits would have been really helpful but this company would rather ignore you.

13 September 2023
Unprompted review
Rated 1 out of 5 stars

Asked for a withdrawal on profits made…

Asked for a withdrawal on profits made on the 18th of August, and not heard a thing since have also emailed numerous times with no reply, the funny thing is we run a group with 1.6million inside, so guess who is going to be now made aware of this BS company, watch your ratings fall from the sky.

19 August 2023
Unprompted review
Rated 1 out of 5 stars

MDP Funding is a scam!

MDP Funding is a scam!
Stay away!
They only want your money to do a challange. If You pass, they will not let You do withdrawels if You make a profit on a funded account. Then they not answer any request ore any mail.
STAY AWAY!!

15 October 2023
Unprompted review
Rated 1 out of 5 stars

THIS COMPANY WILL NOT PAY YOU

THIS COMPANY WILL NOT PAY YOU.
My first account they said profit consistency rules and lot size consistency rules . And did not pay me 3k
They then gave me another mdp account and another log in for mt4 and made me start again.
i did not break any rules at all on this account. After making profit and requesting a withdrawal of £2800, they took the trade button off my mt4 account ( meaning i can no longer place a trade) the company refuses to reply to any emails and will not pay me the money owed aswell. Its basicslly a demo account and not a prop firm and once u try to withdraw ur profits they will throw YOU AS A CLIENT in the bin and ignore u. While replying to emails only to potential new clients.

Expect 0 payouts from this company.

23 September 2023
Unprompted review
Rated 1 out of 5 stars

Mdp funding is not paying out

Mdp funding is not paying out, not keeping agreements, but worse than this is they're not responding. Made 5k in profits, put in for withdrawal and zero response. The also owe me 500 on referral commissions and a promised refund of challenge fees due to screw ups while taking their challenges. This has been going on for three months with zero response from customer support. They are a scam company.

7 September 2023
Unprompted review
Rated 1 out of 5 stars

SCAM SCAM SCAM SCAM SCAM SCAM SCAM

This company is a complete SCAM…pls be aware…by now it should be apparent to everyone going through the reviews that everyone has been cheated by this company…they do not respond to emails at all…I’ve sent them 4 emails regarding my withdrawal request..,it’s been 3 months now and still no response.
I spoke to my solicitor and this is what he had to say…

“I have checked out MDP Funding. They are not a company registered with Companies House and they are not authorised by the Financial Conduct Authority (FCA). They are a scam firm. It may well be that neither MDP Funding or Prop Trade "exist' anywhere. They are simply names and websites used for fraudulent purposes but are not registered or based anywhere.”

If anyone tells you to sign up to this company then send them this review and ask them to give their response to what my solicitor has said. He has thoroughly investigated this for me so pls don’t sign up to this company…I am only sharing this to stop ppl from being scammed…

My solicitor also said to report them to the “ActionFraud” as cyber criminals…which is what I’ll be doing

PLEASE STAY AWAY

1 September 2023
Unprompted review
Rated 1 out of 5 stars

I see they are still sucking people in

I see they are still sucking people in. Just notice that everyone speaking well of MDP are on their first payout; I was them once. They’re a nasty accident waiting to happen AVOID. Novafunding give the same benefits and are much more ethical. And payout literally 10x quicker do your research.

15 August 2023
Unprompted review

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