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My Forex Funds - Discussion/Q&A

  • #241
  • Nov 17, 2021 9:21am Nov 17, 2021 9:21am
Quoting JotaP
The whole MFF system is collapsing from what I am perceiving. People complaining and complaining. They paid, no service provided. They ended phase 1, no phase 2 credentials. They ended phase 2, no phase 3 credentials. People entitled to retry no retry credentials. Are we facing Funding Talent season 2? It appears so, they have no money for payments and are delaying every stage of the process.
I've had two pay outs so far and now they are automating via deel the last one paid on a Sunday evening within hours. I have a couple more coming up soon.

I'll be one of the to first report any dodgy goings on about pay outs and so far so good, actually.

Until you can TRADE and make PROFIT to withdraw to get PAID I suggest you button up.

Provide evidence to your infantile rantings. Or in other words, put your money where your mouth is?
  • #242
  • Nov 17, 2021 10:01am Nov 17, 2021 10:01am
Quoting Fagin
Hi Yavuz Do you think in the near future you might consider adding an additional way to notify us of announcements rather than having to log into discord? (I always feel discorded when I log on!) Email or blog page on the main site perhaps?
Hello Fagin,

That is a very good idea to add an announcement section to our website and email the traders about the updates, we will definetely work on that after the automation.

Sincerely,
Yavuz Karadeniz
Trader Support Lead
www.myforexfunds.com
  • #243
  • Nov 17, 2021 10:10am Nov 17, 2021 10:10am
Quoting Fagin
{quote} I've had two pay outs so far and now they are automating via deel the last one paid on a Sunday evening within hours. I have a couple more coming up soon. I'll be one of the to first report any dodgy goings on about pay outs and so far so good, actually. Until you can TRADE and make PROFIT to withdraw to get PAID I suggest you button up. Provide evidence to your infantile rantings. Or in other words, put your money where your mouth is?
All idiots that invest in ponzi schemas pass through the same stages.
You are in the denial stage.
Just wait, bb. LOL
Follow your guts, if you want to lose your money...
  • #244
  • Nov 17, 2021 10:12am Nov 17, 2021 10:12am
Quoting JotaP
{quote} All idiots that invest in ponzi schemas pass through the same stages. You are in the denial stage. Just wait, bb. LOL

Lord have mercy on your ex college students.
  • #245
  • Nov 17, 2021 10:15am Nov 17, 2021 10:15am
Quoting Takisd
{quote} Lord have mercy on your ex college students.
Yes, I love you too.
Follow your guts, if you want to lose your money...
  • #246
  • Nov 17, 2021 10:21am Nov 17, 2021 10:21am
Quoting JotaP
{quote} All idiots that invest in ponzi schemas pass through the same stages. You are in the denial stage. Just wait, bb. LOL
Last time I waste my breath with you. I HAVE BEEN PAID! I HAVE NO MONEY AT RISK, I AM BEING PAID FOR MY TIME. (more per hour than you probably earn in government benefits all month).
  • #247
  • Nov 17, 2021 10:38am Nov 17, 2021 10:38am
Quoting Fagin
{quote} Last time I waste my breath with you. I HAVE BEEN PAID! I HAVE NO MONEY AT RISK, I AM BEING PAID FOR MY TIME. (more per hour than you probably earn in government benefits all month).
No need to cry, you are a loser. Everybody can spot them by their speech.
Follow your guts, if you want to lose your money...
  • #248
  • Edited Nov 18, 2021 3:20pm Nov 17, 2021 3:30pm | Edited Nov 18, 2021 3:20pm
Quoting wizlon32
{quote} Email received at 12:39 am Tue 16 Nov stating that my payout has been initiated. No sign of it in my Deel account yet though.
Final Update: My payout landed in my Deel account yesterday, Tue 16 Nov at 12:30 pm. From initial request to payment was about 48 business hours (not including the weekend) as per the instructions received from them.

Conclusion: MFF is a serious company that I will continue to trade with but the customer service needs to improve and get faster in order to inspire confidence in new traders/customers. People are understandably wary of being scammed but I am confident based on the business model and the payout I received that people shouldn't worry too much but try to be patient.
Indentify > Plan > Accept > Execute
  • #249
  • Nov 18, 2021 10:17am Nov 18, 2021 10:17am
Which email should I use to contact the support to refresh my account?

It is in a small profit with no violations. I'd rather get a fresh start than a 30-day extension.
  • #250
  • Nov 18, 2021 1:22pm Nov 18, 2021 1:22pm
Quoting PaulMF
{quote} Hello Yavuz, Sorry but you didn't answer my questions. I post them below again: Are you really a proprietary trading firm eager to make money from traders' strategies? Are you really looking for professional traders? Or are you just a company looking for losers who pay your participation fees? {quote} Then why using MetaTrader? Why don't you provide any other technology? And why MT4 instead of MT5? I guess you don't provide TradingView because it is not possible, otherwise it would be a great niche of inexperienced "traders". That's a pity....
Hello Yavuz,

Just a remainder. I didn't get an answer.
Always ready to help
  • #251
  • Nov 18, 2021 4:28pm Nov 18, 2021 4:28pm
Quoting wizlon32
{quote} Final Update: My payout landed in my Dell account yesterday, Tue 16 Nov at 12:30 pm. From initial request to payment was about 48 business hours (not including the weekend) as per the instructions received from them. Conclusion: MFF is a serious company that I will continue to trade with but the customer service needs to improve and get faster in order to inspire confidence in new traders/customers. People are understandably wary of being scammed but I am confident based on the business model and the payout I received that people shouldn't...
Hello Wizlon,

Thank you for being patiently updating on your payout status. I tried not to involve so you can experience the process transparently, I hope we could satisfied your expectations from us with the speed during this current heavy workload.

Congratulations on the payout, I hope it can be a long term profitable relationship for both of us

Sincerely,
Yavuz Karadeniz
Trader Support Lead
www.myforexfunds.com
  • #252
  • Nov 18, 2021 4:30pm Nov 18, 2021 4:30pm
Quoting LehmanBrotha
Which email should I use to contact the support to refresh my account? It is in a small profit with no violations. I'd rather get a fresh start than a 30-day extension.
Hello LehmanBrotha,

You can email to [email protected] to ask for a free reset if you completed the requirements.

Thank you for contacting with us.

Sincerely,
Yavuz Karadeniz
Trader Support Lead
www.myforexfunds.com
  • #253
  • Nov 18, 2021 4:34pm Nov 18, 2021 4:34pm
Quoting LehmanBrotha
Which email should I use to contact the support to refresh my account? It is in a small profit with no violations. I'd rather get a fresh start than a 30-day extension.
Send an email to [email protected]. You will receive an automatic response, then a few hours later a staff will contact saying you will receive account details within 24/48 hours. Nobody will send details. The original staff member will ask you to evaluate his performance. Answer that he did an excellent job but did not solve anything so better stayed quite. Approach them on discord or chat and tell your story again and again. Good luck.

BTW, I know they are trying to improve the system and I hope they are able to stabilize it before is too late. After all I invested some moneys on the experiment.

PS: The correct email is [email protected], according to the FAQ.
Follow your guts, if you want to lose your money...
  • #254
  • Nov 19, 2021 3:54am Nov 19, 2021 3:54am
Quoting JotaP
{quote} Send an email to [email protected] ("[email protected]"). You will receive an automatic response, then a few hours later a staff will contact saying you will receive account details within 24/48 hours. Nobody will send details. The original staff member will ask you to evaluate his performance. Answer that he did an excellent job but did not solve anything so better stayed quite. Approach them on discord or chat and tell your story again and again. Good luck. BTW, I know they are trying to improve the system and I hope they...
I've heard that if you send an email to [email protected], the same person answers.
Always ready to help
  • #255
  • Edited 7:51am Nov 19, 2021 5:27am | Edited 7:51am
Quoting PaulMF
{quote} I've heard that if you send an email to [email protected], the same person answers.
I applied for a retry to [email protected], they answered but did not solve anything. Some support person in Discord solved it 5 minutes though.

I am sure I will pass the Challenge this time, so will keep reporting what will happen next.

(I am giving the benefit of the doubt to myforexfunds.com)
Follow your guts, if you want to lose your money...
  • #256
  • Nov 22, 2021 5:39am Nov 22, 2021 5:39am
Quoting MyForexFunds
{quote} Hello LehmanBrotha, You can email to [email protected] to ask for a free reset if you completed the requirements. Thank you for contacting with us. Sincerely, Yavuz Karadeniz Trader Support Lead www.myforexfunds.com
hello Yavuz. i was wondering if u can share some light on the daily DD rule here at MFF. is it a trailing DD based on equity or is it a fixed 1?
for instance> i start the day or at session change with a balance of 100k. say i have a trade running risking 1%, price moves in my favor for about 6%. so a 6RR trade isn t that uncommon, right? what happens if price makes a deep pullback of 5%? regardless if the stop is at BE and so on, do i lose the account? all this happening in same day.
  • #257
  • Edited 6:41am Nov 22, 2021 6:29am | Edited 6:41am
Quoting 1odi
{quote} hello Yavuz. i was wondering if u can share some light on the daily DD rule here at MFF. is it a trailing DD based on equity or is it a fixed 1? for instance> i start the day or at session change with a balance of 100k. say i have a trade running risking 1%, price moves in my favor for about 6%. so a 6RR trade isn t that uncommon, right? what happens if price makes a deep pullback of 5%? regardless if the stop is at BE and so on, do i lose the account? all this happening in same day.
It depends on the product you select:

- Rapid: 5% and static per daily basis. Calculated at the start of each day based on the starting equity, and that absolute value remains static for the entire day. (However, they provide this information in one place and different than this one in other places. In other places they also include balance... Very unprofessional)
- Evaluation: Same
- Accelerated: No daily restriction.

Being said that, that's all pure fantasy as they are unregulated and their reserve the right to do whatever they want whenever they want:
Attached Image (click to enlarge)
Click to Enlarge Name: mff whatever i want.JPG Size: 69 KB
Always ready to help
  • #258
  • Nov 22, 2021 5:34pm Nov 22, 2021 5:34pm
Quoting 1odi
{quote} hello Yavuz. i was wondering if u can share some light on the daily DD rule here at MFF. is it a trailing DD based on equity or is it a fixed 1? for instance> i start the day or at session change with a balance of 100k. say i have a trade running risking 1%, price moves in my favor for about 6%. so a 6RR trade isn t that uncommon, right? what happens if price makes a deep pullback of 5%? regardless if the stop is at BE and so on, do i lose the account? all this happening in same day.
Hello 1odi,

If the situation you asked in your message is happening in the same trading day, it won't be a violation.

However, if you hold the %6 profits overnight and let your equity go down %5 below the starting equity figure, that will count as a violation even if you end up in profits.

Our daily drawdown calculation is %5 of starting balance/equity (whichever is higher) for that day. So basically if your equity/balance drops below %5 of starting figure, that will be a violation.

We tried to show it a bit clearer in our new automated dashboard. We posted a sneak peak video in our discord announcements and on our instagram account.

I hope I could make it a bit more clear for you, don't hesitate to ask if you have any further questions.

Sincerely,
Yavuz Karadeniz
Trader Support Lead
www.myforexfunds.com
  • #259
  • Nov 26, 2021 5:13am Nov 26, 2021 5:13am
Quoting MyForexFunds
{quote}Congratulations on the payout, I hope it can be a long term profitable relationship for both of us Sincerely, Yavuz Karadeniz Trader Support Lead www.myforexfunds.com
Thanks Yavuz. I didn't needyou to assist, I just wanted to provide an honest review of my experience with MFF.

Hoping this payout goes as smoothly as the last one and I have no doubt that it will (I will not update further this time). Christmas sorted!

Attached Image (click to enlarge)
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Indentify > Plan > Accept > Execute
  • #260
  • Nov 26, 2021 6:43pm Nov 26, 2021 6:43pm
I like how MFF is growing, I hope you achieve your goals!
I have to tell you that there are things to improve to compete with FTMO, 1 the Demo with dashboard, improving the spread is easier to do 10% in FTMO than 8% in MFF, if you improve I think you will be the best in the market, we want you to compete to be the best, it is better for us !!
Be happy, friendly, humble and winner!!
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