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(binned per thread starter’s request) MyForexFunds aka MFF - A Sh

  • #21
  • Sep 14, 2020 7:50pm Sep 14, 2020 7:50pm
Quoting moodybot
{quote} Bitten off more than they can chew. Not enough payments received to cover your winnings. Most likely a scam.
not just seems like it;
It is.
Determination + Persistence = Success
  • #22
  • Edited 6:24am Sep 15, 2020 5:42am | Edited 6:24am
Who knows?
MFF probably paid to their own phony accounts for any large payouts to show as proof that they pay.

When customer support is sending emails on behalf of Legal Consultant because that Legal consultant email is not working, making up this is NOT a big deal.

And so many are ready to good reviews for little help, like a help to get an account, may be a 200 would get them youtube reviews as well. I will not be surprised.

if this is real, congratulations to them traders.

There is still no response from MFF why they can not pay 4 states residents whereas almost all the Prop Firms pay the traders regardless where traders reside.
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Determination + Persistence = Success
  • #23
  • Edited 6:32am Sep 15, 2020 6:14am | Edited 6:32am
It looks like some people lost their reasoning, rational thinking

I asked MFF to contribute to the Wild Fire Relief American Red Cross Fundraiser by donating what they owe me.
that fundraiser is organized by me in facebook; otherwise I have no way to confirm whether MFF actually donated or not.

MFF a well known shady firm, unleashes another shady act.
It announced bi-annual donation to a charity to save its face.

Suddenly people are excited and telling me, hey...look at this, they do charity, hope you are satisfied now...

damn you guy, it does not work that way.

let me give you an example,
In the third world countries, the Govt loots so much from people in so many corrupted ways, and announces new schemes like free meals, free laptop, free Television, free that and this.

guess the reaction of its citizens, they get excited to hear such announcement, WOW, we have a great Govt.

There is huge difference in what I asked MFF to do and what MFF is doing as charity (another shady act).
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Determination + Persistence = Success
  • #24
  • Sep 16, 2020 5:19pm Sep 16, 2020 5:19pm
People messaged and said MFF pays, hence not a scam or shady biz.

Congrats Traders; you got paid.

No problem in paying out small bonus.

If they paid me that $4300, that is like paying 20 people a $215 bonus.
if next 2 weeks considered it will be like paying min another 20 people, max 40 people, a $215 bonus.

in those 4 weeks, I would have taken more money from MFF pocket which MFF could have paid to 40 to 60 traders as payouts and also remember with no monthly fee option there is no revenue from my trading to MFF unless they copy to LIVE account.

you can calculate the average payout from their posted images.

 

  1. MFF is not worth it; it denies LARGE PAYOUTS.
  2. MFF don’t give a damn about regulatory laws, but uses those regulatory, compliance laws to deny LARGE payouts.

Determination + Persistence = Success
  • #25
  • Oct 22, 2020 2:04am Oct 22, 2020 2:04am
Quoting SKLearn
People messaged and said MFF pays, hence not a scam or shady biz. Congrats Traders; you got paid. No problem in paying out small bonus. If they paid me that $4300, that is like paying 20 people a $215 bonus. if next 2 weeks considered it will be like paying min another 20 people, max 40 people, a $215 bonus. in those 4 weeks, I would have taken more money from MFF pocket which MFF could have paid to 40 to 60 traders as payouts and also remember with no monthly fee option there is no revenue from my trading to MFF unless they copy to LIVE account....
There would always be sheep to defend an obviously shady firm like this. I'm surprised not to find enough reviews on this Company. At least, one can find numerous withdrawal proofs from FTMO and Funding talent/Forextips 101 on Youtube, but nothing for MFF, which is surprising.

Was just looking through their site and cam across some really strange "consistency" rules before i decided to come here to look out for any local experiences, and behold.
  • #26
  • Oct 29, 2020 12:20am Oct 29, 2020 12:20am
MFF aka MyForexFunds aka SCAMMER denied 3K payment to another MFF trader it seems.

Stay away from the Canada based prop firms; most will loot your money one way or other.

FundingTalent aka ForexTips101 is an exception.
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  • #27
  • Oct 29, 2020 12:56am Oct 29, 2020 12:56am
Interesting, thanks for sharing.
I will tear the world apart for you.
  • #28
  • Oct 29, 2020 12:57am Oct 29, 2020 12:57am
Quoting SKLearn
MFF aka MyForexFunds aka SCAMMER denied 3K payment to another MFF trader it seems. Stay away from the Canada based prop firms; most will loot your money one way or other. FundingTalent aka ForexTips101 is an exception. {image}

Lol damn, that's a harsh way to get disqualified. I probably would have fallen for it too. They need to clearly state things like this, really not fair.
  • #29
  • Oct 29, 2020 1:11am Oct 29, 2020 1:11am
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Determination + Persistence = Success
  • #30
  • Oct 29, 2020 1:44am Oct 29, 2020 1:44am
Quoting SKLearn
MFF aka MyForexFunds aka SCAMMER denied 3K payment to another MFF trader it seems. Stay away from the Canada based prop firms; most will loot your money one way or other. FundingTalent aka ForexTips101 is an exception. {image}
traders just like to guess and invent their own rules . Same as fidelcrest reviews at trustpilot which is really funny [fidelcrest scammed me i hit target and they disqualified me because i don't use sl they scam] most reviews funny like that. I don't see anything wrong with mmf . Rules already clear there is minimum trading days if you can't follow it then you violation rules. Also i just read at facebook group how trader tried to use fake account for stolen them. .
traders just judge without use their brains
  • #31
  • Edited 2:27am Oct 29, 2020 2:04am | Edited 2:27am
I dont believe in MFF's story. They can fabricate anything they want...it is a dishonest firm. period.

Since the prop firm is offering a DEMO from the listed choice of brokers, it is MFF's responsibility to check the inactivity rule and make sure it gives enough room(days) before provisioning that account to the trader.

from MFF's reply:

//It seems like another trader might go out of his way to put bad light on us. //
their opening statement says as if I put bad light on them first.
I simply exposed the shady act of MFF, first.
I shared what happened as it is. what a shady firm who twists everything in its favor.

//We do not like people who lie to play with our system.//
but MFF can lie and play when the payout is big so that MFF can avoid that.
MFF can lie to me and that makes them HONEST? damn

MFF got many 007 (spies) by paying $70 as payout.

MFF is quick to cover the act; something smells fishy.

Someone who makes $70 with MFF will come and defend that SCAMMER now.
Determination + Persistence = Success
  • #32
  • Oct 29, 2020 2:10am Oct 29, 2020 2:10am
Quoting rtkwar
{quote} traders just like to guess and invent their own rules . Same as fidelcrest reviews at trustpilot which is really funny [fidelcrest scammed me i hit target and they disqualified me because i don't use sl they scam] most reviews funny like that. I don't see anything wrong with mmf . Rules already clear there is minimum trading days if you can't follow it then you violation rules. Also i just read at facebook group how trader tried to use fake account for stolen them. . traders just judge without use their brains
Good point, but this Trader claims his account was deactivated by the broker (Tickmill) because he didnt trade for 5 days. Thus, he couldn't trade the account to meet up the minimum required days. If the story is true, then it's partly MFF's fault for not informing traders that brokers can also deactivate trading accounts from their end.

The story is hard to believe though, I've never heard of a broker deactivating a demo trading account due to 5 days of inactivity... 2/3 days in fact, seeing as Saturday and Sunday don't count. The minimum I've heard of is 30 days.

Something doesn't add up.
  • #33
  • Oct 29, 2020 2:10am Oct 29, 2020 2:10am
Quoting SKLearn
I dont believe in MFF's story. They can fabricate anything they want...it is a dishonest firm. period. from MFF's reply: //It seems like another trader might go out of his way to put bad light on us. // their opening statement says as if I put bad light on them first. I shared what happened as it is. what a shady firm who twists everything in its favor. //We do not like people who lie to play with our system.// but MFF can lie and play when the payout is big so that MFF can avoid that. MFF can lie to me and that makes them HONEST? damn MFF got many...

Lmaooo @ $70
  • #34
  • Oct 29, 2020 2:18am Oct 29, 2020 2:18am
Quoting Koop
The story is hard to believe though, I've never heard of a broker deactivating a demo trading account due to 5 days of inactivity... 2/3 days in fact, seeing as Saturday and Sunday don't count. The minimum I've heard of is 30 days. Something doesn't add up.
Agreed.
I will tear the world apart for you.
  • #36
  • Oct 29, 2020 2:34am Oct 29, 2020 2:34am
Quoting rtkwar
Bullshit email from MFF
Can you delete that bullshit email from my thread. Appreciate that

You may start own thread to defend this scammer.
Determination + Persistence = Success
  • #37
  • Jan 3, 2021 6:34am Jan 3, 2021 6:34am
Quoting SKLearn
there is lot of unanswered questions. if they call that as payout email, why it is coming from a Legal Consultant. why that so called legal consultant has no proper signature is there a legal consultant or the same guy sending emails from different accounts. why customer support team responds because that legal consultant email is not working. why I never got direct reply from the legal; all the responses coming from customer support. why MFF says in their website no documents needed in their payout process section. But they still ask for it, which...
Its sais in their rules witch countrys not allowed and they do pay,but the problem is for now they have only two brokers for live accounts and that is forex.com with 30:1 leverage and horroble spreads so no option for me to trade will be margincalled at once the other is Oanda with thir 50:1 leverage and also not the best sprea so also immpossible i am just in start off first month had i known that i would go with another propfirm like EnFoid they have much better conditions,but i wrote MFF a 3 pages email analyzing every usebell broker like if they go with IC market the will be IB and get 2 dollar lot off commision and with 50-100 traders that is 10000`s of free money also vantage,FP,blackbull ,pepperstone is good alteratives so i hop within 3 months they signed up with more brokers cause the two they have now sucks bigtime:::And if they choose a broker 30.1 leverage they have to apply us pro traders since we trade accounts bigger than 100k so that way you get 400:1 leverage atleast i will push them everyweek until they sign up with others pepperstone has low spreads also raquten securities and IC an,FP markets are good so there are plenty to pick from and they choosed the two worst of the worst brokers for funding....
Insanityoing same ting over expecting different results..Einstein
  • #38
  • Jan 8, 2021 8:36am Jan 8, 2021 8:36am
scary stuff
Steps to profitability: Collect data, money management, stay bored
  • #39
  • Mar 20, 2021 4:35pm Mar 20, 2021 4:35pm
Wow...this Shady Scammer MyForexFunds aka MFF comes up with new plans to scam!!!!

I will never ever use these guys... your dollars, most importantly your time is worth somewhere else.
Determination + Persistence = Success
  • #40
  • Mar 20, 2021 6:43pm Mar 20, 2021 6:43pm
And they are distributing Free Slice of pizza to keep rookie traders happy so that they can help them with Free Mouth Publicity

Free cheese Exists only on mouse trap
Regret is Brutal
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