MPFunds is a trading performance program that provides undercapitalized individuals with the opportunity to trade with simulated capital, enabling them to earn a weekly allowance through performance rewards. MPFunds traders can choose a challenge account size of up to 200,000 USD in virtual funds, conquer the challenge, and enjoy weekly performance rewards.
| Company: | Mypocket Funds Pte Ltd |
|---|---|
| Established year: | 2021 |
| Address: | 408533, 1 Paya Lebar Link, #04-01 Paya Lebar Quarter, Singapore |
| Time zone: | GMT +8 |
| Email: | support@mpfunds.com |
| Website: | https://mpfunds.com/ |
| Account type | US$ 10 000, US$ 25 000, US$ 50 000, US$ 100 000, US$ 200 000 (Standard and Swing accounts) |
|---|---|
| Spread | From 0 pips |
| Leverage | Up to 1/100 |
| Minimum order | 1$ |
| Trading tools | Forex, CFDs, Indices, Metals, Energies, Commodities, Currencies |
| Trading platform | MetaTrader 5 (MT5), cTrader, Mobile trading |
| Margin Call / Stop Out | Not available |
| Profit split | 80/20 |
| Commission fees | $3 per round lot |
| Education | |
|---|---|
| Analytics | |
| Affiliate program | |
| Mobile trading | |
| PAMM | |
| Copy trading |
As Asia’s 1st Modern Prop Firm, our vision is to empower passionate yet undercapitalised traders through our unique 2-Phase Performance Challenge. We offer a variety of account sizes accessible in a simulated trading environment. Choose between a Standard account or Swing account, ensuring the experience is tailored to your individual trading style.
In the MPFunds Performance Challenge, clear objectives and profit targets are established to evaluate your trading skills. As you navigate through the challenge and hitting the targets and consistently abiding by the rules, you can start earning rewards upon the successful completion of the performance challenge. You will then be rewarded with weekly performance rewards, reinforcing your success and consistency throughout your trading journey with MPFunds.
Beyond offering trading opportunities, MPFunds is committed to providing comprehensive support through the 3C’s Approach – Coaching, Courses, and Counselling. This holistic approach ensures a nurturing and supportive trading environment for our traders.
The MPFunds Team
At MPFunds, our success is a collaborative effort driven by a dedicated team committed to your trading journey. Based in Singapore, our headquarters serves as the hub for our collective efforts. We are unwavering in our commitment to continuous improvement, always with the well-being and success of our traders at the forefront.
Change the way you trade tomorrow, by getting in touch with MPFunds today.
You may get started immediately by signing up with MPFunds and purchasing a challenge of your preferred size. Once your payment is completed, you can expect to receive your account credentials via a welcome email, granting you access to both the Trading Platform and Dashboard.
For traders who have traded with cTrader before, if the email used is the same, you may login to cTrader with the same email and the MPFunds account should be automatically reflected.
Please ensure you read and fully understand all the rules associated with the challenge.
We do not offer crypto trading. We provide Forex pairs, Metals, Indices CFDs and Energies.
Copy trading is only permitted for personal accounts legally tied to the account holder. However, any copy trades initiated from signal services or other accounts not tied to the account holder during any of the Phases will be considered a violation. Engaging in such activities could lead to the immediate termination of your account, regardless of its Phase.
Yes, scalping is a legitimate trading style, and it is allowed as long as it is executable on live market conditions.
MPFunds partners with a regulated 3rd-party liquidity provider. As for trade executions on Phase 3 accounts, the trades placed by the trader on a demo account within the simulated live market environment are then replicated onto our ICMarkets corporate live account.
We accept debit and credit cards payments via a licensed, regulated payment processor – Stripe. The registration fees for an MPFunds Challenge Account is a one-time fee, and does not include any hidden charges or recurring charges.
Yes, as processing fees can sometimes be higher than the intended withdrawal amount, there is a minimum withdrawal amount of $50 for all performance reward withdrawal requests.
The MPFunds Club is a membership rewards system that allows our trader to earn rebates on their challenges in the form of MPF Points. The accumulated MPF Points can be used to redeem various benefits at different tiers, which grants the trader access to exclusive discounts and free challenge accounts.
I have been using MPFunds for a couple of weeks now - everything is clear. The terms are clear, the profit was withdrawn without problems.