My Forex Funds - Discussion/Q&A

Quoting A3mat

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Hello there, I have been somewhat perplexed on how the “Evaluation” challenge work, I actually got an “Evaluation” account that I have been on for couple weeks now. But I don’t know how much I need to make to pass the challenge. Do I have to make $50k profit on a $50k account for the challenge to be considered passed or I could make more than the $50k initial capital, prolly up to $80k upwards and once I exceed the $50k the challenge will be passed. In turn, is they any max profit on how much I can make on an account?

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Quoting A3mat

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Hello there, I have been somewhat perplexed on how the “Evaluation” challenge work, I actually got an “Evaluation” account that I have been on for couple weeks now. But I don’t know how much I need to make to pass the challenge. Do I have to make $50k profit on a $50k account for the challenge to be considered passed or I could make more than the $50k initial capital, prolly up to $80k upwards and once I exceed the $50k the challenge will be passed. In turn, is they any max profit on how much I can make on an account?

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Quoting A3mat

Disliked

Hello there, I have been somewhat perplexed on how the “Evaluation” challenge work, I actually got an “Evaluation” account that I have been on for couple weeks now. But I don’t know how much I need to make to pass the challenge. Do I have to make $50k profit on a $50k account for the challenge to be considered passed or I could make more than the $50k initial capital, prolly up to $80k upwards and once I exceed the $50k the challenge will be passed. In turn, is they any max profit on how much I can make on an account?

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Quoting stirmatt

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{quote} This looks like a child play. How could you have been on Evaluation challenge for couple of weeks without knowing the simplest rule that determine your success on it?

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Quoting MyForexFunds

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{quote} Hello Stirmatt, The light at the end of the tunnel is very near. We are working pretty hard long hours everyday to finish the automation. The new dashboard will come with the automation hopefully next week. I give you my word it looks pretty awesome and user friendly. Thank you for asking about the updates. Hopefully all will be ready by the end of next week Regards, Yavuz Karadeniz Trader Support Lead www.myforexfunds.com

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Quoting stirmatt

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{quote} Hi Yavuz, It has been almost a month since your reply and the automation is not ready yet. Is there any good reason for this delay or your company has aborted the plan?

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Quoting xuandong0491

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Hello MFF, could i know when will you allow trading on mt5? I usually calping m5 so I really like function on mt5 to adjust sl, tp on chart. Hope you will support it soon. Thanks.

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Quoting Jamesl2204

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Hi MFF, I have a question in relation to your company. Is it true that you can only execute a single order on Indicies at a maximum of $30 per point? This would be a problem for me on your larger accounts for example to scalp the s&p 500 at $500 per point which isn't that much anyway i would have to manually open and close 16 individual orders just to get in and out of a $500 per point position which isn't viable. Trying to get an understanding as to why the small contract size and maximum order or have i got this wrong and its different for indicies...

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Quoting Jamesl2204

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On the MFF Q & A session on youtube the guy specifically said its maximum 30 lots per order due to slippage, and on the MFF website it says that one lot on Indicies is $1 per point therefore the maximum size you can trade in one clip would be 30 lots x $1 per point = $30 per point. I don't know as I am unable to get a demo of the platform that's why i wanted to ask on here before paying out a $1000 for a challenge that would be a waste of time for me if that was the case. Thanks

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Quoting Jamesl2204

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Hi MFF, I have a question in relation to your company. Is it true that you can only execute a single order on Indicies at a maximum of $30 per point? This would be a problem for me on your larger accounts for example to scalp the s&p 500 at $500 per point which isn't that much anyway i would have to manually open and close 16 individual orders just to get in and out of a $500 per point position which isn't viable. Trying to get an understanding as to why the small contract size and maximum order or have i got this wrong and its different for indicies...

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Quoting Okaymhh

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Hello, so I have already contacted support about this issue but I got told that this was an valid violation even tho I sent proof that shows there was no violation from my side. I started the day with 19017 so I could've lost 5% = 18066 I stopped trading at 18077 which is shown in my Mt4 balance. I opened and closed my last trade at 02:01 - 02:04 server time, at 02:47 server time I got an email that I violated the daily drawdown rule and my equity and balance is currently at 18059. My mt4 trade history aswell as on your website's account analyzer...

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Quoting mizi123

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{quote} Maybe in some moment of time price have floatet in negative teritory and turned back that is violation friend game is over

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Quoting Okaymhh

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Hello, so I have already contacted support about this issue but I got told that this was an valid violation even tho I sent proof that shows there was no violation from my side. I started the day with 19017 so I could've lost 5% = 18066 I stopped trading at 18077 which is shown in my Mt4 balance. I opened and closed my last trade at 02:01 - 02:04 server time, at 02:47 server time I got an email that I violated the daily drawdown rule and my equity and balance is currently at 18059. My mt4 trade history aswell as on your website's account analyzer...

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