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My Forex Funds - Discussion/Q&A

  • #481
  • Nov 14, 2022 12:14pm Nov 14, 2022 12:14pm
I tried everything but no can solve my issue.
I followed the MFF support steps to fix this but no one can solve it.
I tried reinstalling the mt4 software, manually entering the demo2 server, checked my firewall,antivirus everything you can imagine.
DEMO 2 and 3 SERVERS ARE UNAVAILABLE... its like offline.
I have multiple prop firms accounts and never encountered this problem
Can someone explain me why this happen only with MFF servers??
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  • #482
  • Nov 15, 2022 3:47am Nov 15, 2022 3:47am
Quoting Brle110
Because the contracts lot size are differnt on mff can i get 10 lot position on dax with 50k accaount that gona be same like say 1 lot on ftmo is ot right.am i right dose my leverage gona give me that
Hello Brle,

We offer 1:100 leverage in our accounts, that would be enough to open 10 lots position on dax with a 50k account in our server.

Sincerely,
Yavuz Karadeniz
Director - Customer Care
www.myforexfunds.com
  • #483
  • Nov 15, 2022 3:52am Nov 15, 2022 3:52am
Quoting thr-capital
Hello, I have a few questions regarding rapid model: 1. So for example I get a $100,000 rapid demo account and keep making 3.5% for 3 months on the demo. So when I’ll receive the live account will the live account have $110,500 or $10,500? 2. What is the max drawdown on live account? 3. After getting the live account, if I violate any rules on demo account will it affect the live account as well?
Hello thr-capital,

1) The target to get live account for rapid model is to make 10% profits from your demo account. So, if you make 3.5% or more for 3 months, you will be able to get your live account at the end of the 3rd month. The account size will be 10% of your demo account which is $10k for a $100k demo account.

2) Max drawdown is 12% of your live account, which will be $1,200 for a $10k rapid live account from $100k demo account.

3) Once you get the live account, you can keep trading with your demo account and keep adding profits to your live account. However, if you end up violating the demo account, that will not affect your live account status.

I hope this answers your questions.

Sincerely,
Yavuz Karadeniz
Director - Customer Care
www.myforexfunds.com
  • #484
  • Nov 15, 2022 4:13am Nov 15, 2022 4:13am
Quoting Pipsologyst
I tried everything but no can solve my issue. I followed the MFF support steps to fix this but no one can solve it. I tried reinstalling the mt4 software, manually entering the demo2 server, checked my firewall,antivirus everything you can imagine. DEMO 2 and 3 SERVERS ARE UNAVAILABLE... its like offline. I have multiple prop firms accounts and never encountered this problem Can someone explain me why this happen only with MFF servers?? {image}
Hello Pipsologyst,

I have checked the communication between you and our teams.

You have been informed that you need to hard wipe the metatrader from your device and reinstall it from all over again. Please make sure that you delete every file related to the metatrader platform and reinstall it from the link provided to you before.

Sincerely,
Yavuz Karadeniz
Director - Customer Care
www.myforexfunds.com
  • #485
  • Nov 15, 2022 12:34pm Nov 15, 2022 12:34pm
Hello,

I want to use EA. Based on your rules for using EA, it should not be used for "hedge arbitrage trading", Could you give me more details and example about this trading style to avoid it?

Thanks
  • #486
  • Nov 18, 2022 4:05am Nov 18, 2022 4:05am
Hi,

i've problem with connection when trading with your server. Would you tell me where your server location so i can raise complaint to my provider ?

or do you have any suggestion to solve my problem ?

the connection problem makes me have slippage or delayed execution so it's kinda annoying and make me emotional.
  • #487
  • Nov 18, 2022 4:24am Nov 18, 2022 4:24am
Quoting BassemNagy
Hello, I want to use EA. Based on your rules for using EA, it should not be used for "hedge arbitrage trading", Could you give me more details and example about this trading style to avoid it? Thanks
Hello BassemNagy,

Hedge arbitrage trading is basically opening a long and short from 1 or more accounts and closing them with arbitrage. If you are not sure that your EA is doing this or not, We recommend you not to use it because it is against the rules.

I hope this answers your question.

Sincerely,
Yavuz Karadeniz
Director - Customer Care
www.myforexfunds.com
  • #488
  • Nov 18, 2022 4:44am Nov 18, 2022 4:44am
Quoting selfrit
Hi, i've problem with connection when trading with your server. Would you tell me where your server location so i can raise complaint to my provider ? or do you have any suggestion to solve my problem ? the connection problem makes me have slippage or delayed execution so it's kinda annoying and make me emotional.
Hello Selfrit,

Our server has 300ms execution speed which is one of the lowest in the industry. Our server is based in London but we have many DC's around the world to provide a better service to our traders. Unfortunately, if the issue is because of your internet connection, we won't be able to help you out.

Sincerely,
Yavuz Karadeniz
Director - Customer Care
www.myforexfunds.com
  • #489
  • Nov 21, 2022 9:32am Nov 21, 2022 9:32am
Question about :Accelerated Program Benefits
5% drawdown from which amount : $10,000(amount on the top of the chart ), or assured funding $ 540,000
thx!
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  • #490
  • Nov 21, 2022 11:02am Nov 21, 2022 11:02am
Quoting Crystalferno
Question about :Accelerated Program Benefits 5% drawdown from which amount : $10,000(amount on the top of the chart ), or assured funding $ 540,000 thx! {image}
Hello Crystalferno,

Conventional accelerated model has 5% overall drawdown limit. It is based on 5% of your starting account balance.

Assured funding figure shows you the maximum amount you can scale up to from that single account. For $10k account, your assured funding is $540k. That means you can scale up to $540k balance with a $10k account.

I hope this answers your questions.

Sincerely,
Yavuz Karadeniz
Director - Customer Care
www.myforexfunds.com
  • #491
  • Nov 22, 2022 2:44am Nov 22, 2022 2:44am
Any plan discount on black friday
  • #492
  • Nov 22, 2022 7:04pm Nov 22, 2022 7:04pm
Quoting tradealltime
Any plan discount on black friday
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  • #493
  • Nov 22, 2022 9:59pm Nov 22, 2022 9:59pm
Quoting MwlRCT
{quote} {image}
Thanks man, I will wait till 26 and if there is no blackfriday discount from any other prop firm greater than this, will purchase. thanks again.
  • #494
  • Dec 2, 2022 3:07am Dec 2, 2022 3:07am
Hi
1) When will cTrader be usable? I intend to buy a challenge with you, but unfortunately due to the recent ban of Metatrader on IOS I can't follow the operations from the phone when I'm not at the computer, so I need to operate on cTrader

2) Is there a limit to the lot over currencies and indices?

3) If I request an extension of the phase 1 evaluation, but then I don't reach the profit goal, can I restart from a free trial, if I haven't violated the rules?

4) Can I keep my profits in the account or do I have to withdraw?
  • #495
  • Dec 2, 2022 2:20pm Dec 2, 2022 2:20pm
Quoting alessioliv11
Hi 1) When will cTrader be usable? I intend to buy a challenge with you, but unfortunately due to the recent ban of Metatrader on IOS I can't follow the operations from the phone when I'm not at the computer, so I need to operate on cTrader 2) Is there a limit to the lot over currencies and indices? 3) If I request an extension of the phase 1 evaluation, but then I don't reach the profit goal, can I restart from a free trial, if I haven't violated the rules? 4) Can I keep my profits in the account or do I have to withdraw?
Hello alessioliv11,

1) We are planning to get ctrader early 2023. We have started the integration already.

2) There isn't a lot size restriction in any pair. Although we discourage trading with big lot sizes, you can open as big as your margin allows.

3) As long as your balance is above initial starting balance and if you do not have any violations, you can get a free retry even if you use your extension.

4) We recommend you to withdraw and get yourself paid. Since your daily drawdown resets at 5 PM EST everyday, withdrawing will be more useful than compounding.

Sincerely,
Yavuz Karadeniz
Director - Customer Care
www.myforexfunds.com
  • #496
  • Dec 8, 2022 6:07am Dec 8, 2022 6:07am
Hello.
I want to ask if the opportunity to take a free retry is time sensitive. For example, say I am eligible for a free retry this week as my evaluation had expired but I did not break any rules and at breakeven. So instead of taking the free retry immediately, can I postpone the free retry to January or February?
Asking as I do not want to do any trading during the Christmas and New Year holidays.
  • #497
  • Dec 8, 2022 7:39am Dec 8, 2022 7:39am
Quoting myforexfund
Hello All, As we continue to grow, we have decided to come to FF forum as well to answer any questions that you may have. As many of you already know, we provide a unique model where our traders are eligible to: Earn from day one without going through any assessments/challenges/or targets Payouts are every two weeks (again, no targets necessary) Variety of accounts to choose from (10K to 100K) Different models to choose from (Subscription based vs One Time) Just like other firms, we do expect our traders to follow risk management guidelines that...
I like the general thrust behind your service

I have used your service before

Areas for improvement....

1 - Balancing your rules so it doesn't appear to be such a cash grab if a position exceeds the loss limit by a few cents! Where all the traders investment just disappear due to rigid cash/subscription grabbing rules

2 - Use more realistic leverage to actually help traders!
  • #498
  • Dec 11, 2022 12:44am Dec 11, 2022 12:44am
Quoting MyForexFunds
{quote} Hello alessioliv11, 1) We are planning to get ctrader early 2023. We have started the integration already. 2) There isn't a lot size restriction in any pair. Although we discourage trading with big lot sizes, you can open as big as your margin allows. 3) As long as your balance is above initial starting balance and if you do not have any violations, you can get a free retry even if you use your extension. 4) We recommend you to withdraw and get yourself paid. Since your daily drawdown resets at 5 PM EST everyday, withdrawing will be more...
Referring to number 4, does MFF has that automatic withdraw feature, if we are in profit?
  • #499
  • Dec 11, 2022 1:21am Dec 11, 2022 1:21am
I have a question about Evaluation Challenge payment, does the price is included with tax or there's another fee for tax? Or we have no eligibility to pay tax for those purchase/s
  • #500
  • Dec 15, 2022 7:37am Dec 15, 2022 7:37am
Quoting sly497
Hello. I want to ask if the opportunity to take a free retry is time sensitive. For example, say I am eligible for a free retry this week as my evaluation had expired but I did not break any rules and at breakeven. So instead of taking the free retry immediately, can I postpone the free retry to January or February? Asking as I do not want to do any trading during the Christmas and New Year holidays.
Hello sly497,

Yes, you can get your free retry account and start whenever you want. Your days will start with the first trade you place.

Sincerely,
Yavuz Karadeniz
Director - Customer Care
www.myforexfunds.com
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