Myforexfunds 

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Rated 5 out of 5 stars

My forex fund is the best prop firm in the world, My forex fund company should make KYC compulsory on their website, after that if they win this case then no other company will be able to get ah... See more

Rated 5 out of 5 stars

After being in other horrible prop firms, i'm glad to trade Myforexfunds. Everything is smooth from the beginning from the end. Rules are clear and not counterproductive. Simple rules that give your f... See more

Rated 5 out of 5 stars

Many thanks to the MFF staff. During the period of using the services of this company, the support staff helped me many times on many issues. I liked the especially fast responses and solutions to any... See more

Rated 5 out of 5 stars

I had the pleasure of working with Orlie from the forex fund team, and I'm thrilled to express how grateful I am for their exceptional service. Their kindness and warmth made every interaction a deli... See more

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Rated 1 out of 5 stars

REGULATORY ISSUE!

Just got email that our funds got frozen, because they have regulatory issue! So, whoever put their funds just lost it. Thanks MFF! I hope you will have decency to pay us back for our challenges .

1 September 2023
Unprompted review
Rated 1 out of 5 stars

THE END P E R I O D

THE END P E R I O D
This is the death of MFF, do not wait for it to comeback, it will never. They f#ed up along the way, and they know it. This is not about FINRA (firms get 1 year to adapt). Focus on other firms on even better on personal account for a short period of time. Till then, do not expect MFF to come back, it won't. Good luck guys and also be careful of scammers that will promise returning your money back.

1 September 2023
Unprompted review
Rated 1 out of 5 stars

Be careful

Be careful, who are interested in MFF now, it has a problem, We cannot do anything with the website and account trade because of the regulator from Canada and USA. read news in the website MFF. I have a trading account with MFF just phase 1 in profit.
Please solve this problem as soon as possible.

1 September 2023
Unprompted review
Rated 1 out of 5 stars

Deceit

Deceit, fraud, finally can't enter the account, don't believe the fraudsters

1 September 2023
Unprompted review
Rated 1 out of 5 stars

Very disappointed

Very disappointed, I was just about to pass phase one when they said that their accounts have been frozen by authorities. My guess is they were probably expecting a lot of people to fail their trading challenges and keep their fees. The more successful trades really hurt their profit margin, it was more like a scam

1 September 2023
Unprompted review
Rated 1 out of 5 stars

Don't Waste Your Time & Money

About a month or so ago, someone asked in the MFF Discord channel if they ever were going to make challenges without time limits, to which they answered "Never".

A week or so later the prop leader FTMO turned all their challenges from 30-days to No Time Limit. Of course MFF who said they'd never offer challenges No-time restrictions instantly made all their challenges "No Time Limit"...

Despite countless prop firms offering No Time Limits, and all members from the MFF Discord relentlessly asking for MFF to make No Time Limit Evaluations available, they never agreed. It is only once they were forced into a corner by FTMO's strategic move, that they absolutely had to do it... Point is, if you've heard the BS terms like "MFF Family" or "MFF is a family" or such non sense, don't get lured. They don't care about you, never listened, never will. The only reason they ever do anything, is to make you fail challenges.

Case in points are extremely poor trading conditions, and huge slippage.

1) Trading conditions. The spread on even the majors, has to be THE absolute worst of all the prop firms. I have been trading with several prop firms for over 18 months, including FTMO and The5ers. MFF is hands down the absolute worst. While FTMO and The5ers, as examples, have spreads on the majors that are near raw, at around 0.2-0.4 pips, MFF is around 1.3 on EURUSD. Some people tend to think that this doesn't matter, but every pip that's taken from you in spread, is a pip that's taken away from your profit so it's crucial to have the best spreads possible.

When asked why they have such poor spreads. They always say the exact same thing "Because we provide TRUE market conditions". That line makes absolutely no sense whatsoever. I guess, by their logic, that anyone who offers raw 0 spreads such as IC Markets isn't a broker? Regardless of what excuse they give, or the mechanisms behind orders being filled, that's not our problem! We want the best spreads and best trading conditions possible, end of story!

As a prop firm that allegedly has our best interest in mind. Why do they, literally, have the worst spreads in the industry, when all other prop firms, without exception, surpass them by a mile? Because MFF is the one that is the most determined to make us lose.

Now, if you trade crypto, it's even worse. If you actually manage to be profitable by trading crypto on MFF, regardless of how good you are, you are just lucky. Yes, spread are that bad on cryptos... And the countless massive gaps in price data? Let's not even get started on that...

As for the spreads at midnight, 20 pips spread on AUDCAD, 20 pips on NZDJPY and EURJPY... As stated, they're determined to make you lose your account, so you buy a new one. That's how they make their money, from people buying accounts...

2) HUGE Slippage. Every single time there is a news event, there is not only an increase in spread, but also in slippage. That of course, is to be expected during news events. It's part of the game of trading.

I am very good at trading major news events such as Inflation YOY and NFP and Interest Rates. Also, since these news provide with very high volatility in a very short period of time, they are the perfect opportunity to capture a lot of pips, FAST. This means potentially very high RR in a matter hours. Countless times, have I put on a trade 15 minutes or so after the news, after volatility was back to normal, and when MT4 showed spreads as back to normal, only to be filled with massive 30 pips slippage. This would consistently result in trades that should have been in 3R profit in under 30 minutes, being at best in 1R profit... That's a 2R "loss", 2-3 times per month, every single month. This mean at least a 4R "loss" per month, which translates into 48R A YEAR....

Are you starting to see how they are absolutely murdering our earning potential as traders... To put that in perspective, if you reach the typical max capital allocation of $400K, that 48R would result in around $192,000 a year that is literally stolen away from you... Just saying.

So why is MFF considered one of the top prop firms, despite these abysmal trading conditions, crystal clear market manipulation, massive increase in spreads and slippage that's literally 10x larger than prop firms such as FTMO? Because the challenges are cheap...

Today all MFF accounts have been frozen by the United States and Canadian Governments, and MFF has blocked all Discord Support and possibility of refund or our abilities to put on trades on MT4... I guess when you scam people like that, sooner or later... you got to pay the price.

Unless you want to spend months and months passing challenges only to see them be gone, due to MFF being definitely shut (assuming they are allowed to re-open business), it's best to look elsewhere, and opt for the gold standard such as FTMO.

1 September 2023
Unprompted review
Rated 1 out of 5 stars

They scammed everybody!!

They scammed everybody!!! They are closed. Two days before Canada and USA government have blocked them, they only accepted payment by crypto. Coincidence? I don't think so! They are scammer!!

31 August 2023
Unprompted review
Rated 1 out of 5 stars

Scam

Scam. Allowed purchases of accounts for atleast 24 hours knowing that they have had their accounts frozen by the authorities. No warning to its traders, just a sorry on discord then that closed also.

1 September 2023
Unprompted review

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