PropTrue
MPFunds
Details
Forex
Metals
Indices, Energies
| CEO | Dean Wong |
|---|---|
| Established | September 2022 |
| Country | Singapore |
| Broker | Liquidity Provider |
| Platform | cTrader, MT5 |
| Trust Pilot | 4.5 |
| Payment Methods | Stripe (Credit Card/Debit Card) |
| Payout Methods | Bank Transfer, Wise, or PayNow for Singaporeans - Minimum payout $50. |
MPFunds Challenge
| Account Balance | $10,000 | $25,000 | $50,000 | $100,000 | $200,000 |
|---|---|---|---|---|---|
| Trading Period | Unlimited | ||||
| Minimum Trading Days | 4 days | ||||
| Maximum Daily Loss | $500 | $1,250 | $2,500 | $5,000 | $10,000 |
| Maximum Loss | $1,000 | $2,500 | $5,000 | $10,000 | $20,000 |
| Profit Target | $1,000 | $2,500 | $5,000 | $10,000 | $20,000 |
| Refundable Fee | €155 | €250 | €345 | €540 | €1,080 |
Trading Instruments
Forex
Metals
Indices, Energies
For Standard Accounts (1:100):
For Swing Accounts (1:30):
Leverage
| Instrument | Leverage |
|---|---|
| Forex | 1:100 |
| Metals | 1:100 |
| Indices, Energies | 1:100 |
Commissions
- Forex - $3 USD/Lot
- Exotics - $3 USD/Lot
- Metals CFD - 0.0010%/Volume
- Cash CFD - $0
- Futures CFD - $0
- Crypto - $0
- Equities CFD - 0.0040%/Volume
Scaling Plan
- Scale Up program for talented Phase 3 traders.
- Increase simulated capital allocation from initial $400,000 up to $1,000,000.
- Achieve a net overall profit of 10% and make at least three withdrawals within three months.
- Eligible traders will receive a 25% increase on their initial account size.
Example: If a trader opens a $100,000 account and achieves a 10% profit with three withdrawals, their new capital will be $125,000, and so on until they reach $1,000,000 in simulated capital.
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