Asia’s First Trading Performance Programme
Where Passion
meets Challenge,
Rewards meet Talent.
Choose your challenge account size of up to US$200,000 in virtual funds, conquer and enjoy weekly performance rewards at MPFunds.
US$
100000000
Worth of challenge accounts opened
US$
100000
Total performance rewards paid till the last month
0
days
Minimum days to become an MPF Trader
<
0
hrs
Avg. payout processing time after approval
Evaluate Your Trading
To begin earning rewards as an MPFunds Trader, familiarise yourself with the objectives of the MPFunds Challenge and showcase your discipline and consistency as a trader. Successfully navigate the 2-Phase challenge, and you’ll gain the opportunity to earn 80% of your profits generated on the simulated trading account every 7 business days.
| Phase 1 | Phase 2 | MPFunds Trader | |
|---|---|---|---|
| Unlimited | Unlimited | Unlimited | |
| Here at MPFunds, we want you to focus on consistency without rushing trades. We understand that the markets are always constantly changing and there will be times of lower liquidity, and we do not want to put our traders under unnecessary stress to pass the challenge within a certain timeframe. Thus, the Trading Period of the MPFunds Challenge is now unlimited. So, you can take all the time you need to hit the Profit Target. | |||
| 5 days | 5 days | - | |
| There are a total of 5 Minimum Trading Days to complete during the Trading Challenge. Trading Days are counted only when a trade is opened. For instance, if a trader opens a trade on a Monday and closes it on Wednesday, it will be considered as one trading day since the trade was initiated on Monday. Thus, the act of closing the trade on a specific day does not count as an additional trading day. | |||
| 5% | 5% | 5% | |
| Maximum Daily Loss represents the maximum permitted loss that can be incurred in a single trading day. Maximum Daily Loss is reset at 00:00 (UTC+0) every day and applies to all positions, whether open or closed. Traders are not allowed to exceed a 5% drawdown (based on the initial account balance) in equity at any point from 00:00 to 23:59 (UTC+0) in all Phases. Please note that the reset occurs at 00:00 (UTC+0), and not your local time.Example:Let's consider a trader who starts trading on their $100,000 account at 00:00 (UTC+0) on Day 1, with a Daily Permitted Loss of $5,000 (5%). If the trader takes a trade and closes it with a loss of $2,000 (2%), the Daily Permitted Loss for the day becomes $3,000 (3%). If the trader takes another trade and incurs a drawdown of $3,000 (3%), they will have violated the objective of a 5% Maximum Daily Loss drawdown, and will fail the challenge.For more examples, refer to our FAQ section here. | |||
| 10% | 10% | 10% | |
| Maximum Total Loss signifies the Maximum Loss allowed throughout the entire duration of the challenge. Traders must not exceed a 10% drawdown (based on the initial account balance) in equity at any time in all Phases. For instance, if you have a $100,000 account (Challenge/Funded), at any one point in time, your account cannot go any lower than $90,000. |
|||
| 8% | 4% | - | |
| During the MPFunds Challenge, the Profit Target to achieve is 8% and 4% for Phase 1 and Phase 2 respectively. In order to achieve the Profit Target, the trader has to reach the target amount based on the Account Balance from closed positions. So, in order to complete and proceed to the next Phase, all profits from your positions must be closed and realised. If your position is in a floating profit and hits 8%, but is not closed, the challenge will not be deemed as “Completed”. | |||
| 1:100 | 1:100 | 1:100 | |
| For Standard Accounts, take advantage and trade with a leverage of up to 1:100. Do take note that there is a different leverage applied to different instruments: Forex - 1:100 Indices and Energies - 1:50 Metals - 1:30 | |||
| Allowed | Allowed | Prohibited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions. Feel free to keep your positions open over the weekend. However, that is not the case once you pass and become an MPFunds Trader. For Standard Account, you are required to close your positions before the market closes for the weekend. Traders can opt to change their accounts types at any Phase, as long as no trades have been placed. | |||
| Allowed | Allowed | Prohibited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| US$108 | - | *120% Refund | |
| *Your registered fees will be refunded to you upon your first payout as an MPFunds Trader. | |||
| Phase 1 | Phase 2 | MPFunds Trader | |
|---|---|---|---|
| Unlimited | Unlimited | Unlimited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| 5 days | 5 days | - | |
| There are a total of 5 Minimum Trading Days to complete during the Trading Challenge. Trading Days are counted only when a trade is opened. For instance, if a trader opens a trade on a Monday and closes it on Wednesday, it will be considered as one trading day since the trade was initiated on Monday. Thus, the act of closing the trade on a specific day does not count as an additional trading day. | |||
| 5% | 5% | 5% | |
| Maximum Daily Loss represents the maximum permitted loss that can be incurred in a single trading day. Maximum Daily Loss is reset at 00:00 (UTC+0) every day and applies to all positions, whether open or closed. Traders are not allowed to exceed a 5% drawdown (based on the initial account balance) in equity at any point from 00:00 to 23:59 (UTC+0) in all Phases. Please note that the reset occurs at 00:00 (UTC+0), and not your local time.Example:Let's consider a trader who starts trading on their $100,000 account at 00:00 (UTC+0) on Day 1, with a Daily Permitted Loss of $5,000 (5%). If the trader takes a trade and closes it with a loss of $2,000 (2%), the Daily Permitted Loss for the day becomes $3,000 (3%). If the trader takes another trade and incurs a drawdown of $3,000 (3%), they will have violated the objective of a 5% Maximum Daily Loss drawdown, and will fail the challenge.For more examples, refer to our FAQ section here. | |||
| 10% | 10% | 10% | |
| Maximum Total Loss signifies the Maximum Loss allowed throughout the entire duration of the challenge. Traders must not exceed a 10% drawdown (based on the initial account balance) in equity at any time in all Phases. For instance, if you have a $100,000 account (Challenge/Funded), at any one point in time, your account cannot go any lower than $90,000. |
|||
| 8% | 4% | - | |
| During the MPFunds Challenge, the Profit Target to achieve is 8% and 4% for Phase 1 and Phase 2 respectively. In order to achieve the Profit Target, the trader has to reach the target amount based on the Account Balance from closed positions. So, in order to complete and proceed to the next Phase, all profits from your positions must be closed and realised. If your position is in a floating profit and hits 8%, but is not closed, the challenge will not be deemed as “Completed”. | |||
| 1:100 | 1:100 | 1:100 | |
| For Standard Accounts, take advantage and trade with a leverage of up to 1:100. Do take note that there is a different leverage applied to different instruments: Forex - 1:100 Indices and Energies - 1:50 Metals - 1:30 | |||
| Allowed | Allowed | Prohibited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions. Feel free to keep your positions open over the weekend. However, that is not the case once you pass and become an MPFunds Trader. For Standard Account, you are required to close your positions before the market closes for the weekend. Traders can opt to change their accounts types at any Phase, as long as no trades have been placed. | |||
| Allowed | Allowed | Prohibited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| US$198 | - | *120% Refund | |
| *Your registered fees will be refunded to you upon your first payout as an MPFunds Trader. | |||
| Phase 1 | Phase 2 | MPFunds Trader | |
|---|---|---|---|
| Unlimited | Unlimited | Unlimited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| 5 days | 5 days | - | |
| There are a total of 5 Minimum Trading Days to complete during the Trading Challenge. Trading Days are counted only when a trade is opened. For instance, if a trader opens a trade on a Monday and closes it on Wednesday, it will be considered as one trading day since the trade was initiated on Monday. Thus, the act of closing the trade on a specific day does not count as an additional trading day. | |||
| 5% | 5% | 5% | |
| Maximum Daily Loss represents the maximum permitted loss that can be incurred in a single trading day. Maximum Daily Loss is reset at 00:00 (UTC+0) every day and applies to all positions, whether open or closed. Traders are not allowed to exceed a 5% drawdown (based on the initial account balance) in equity at any point from 00:00 to 23:59 (UTC+0) in all Phases. Please note that the reset occurs at 00:00 (UTC+0), and not your local time.Example:Let's consider a trader who starts trading on their $100,000 account at 00:00 (UTC+0) on Day 1, with a Daily Permitted Loss of $5,000 (5%). If the trader takes a trade and closes it with a loss of $2,000 (2%), the Daily Permitted Loss for the day becomes $3,000 (3%). If the trader takes another trade and incurs a drawdown of $3,000 (3%), they will have violated the objective of a 5% Maximum Daily Loss drawdown, and will fail the challenge.For more examples, refer to our FAQ section here. | |||
| 10% | 10% | 10% | |
| Maximum Total Loss signifies the Maximum Loss allowed throughout the entire duration of the challenge. Traders must not exceed a 10% drawdown (based on the initial account balance) in equity at any time in all Phases. For instance, if you have a $100,000 account (Challenge/Funded), at any one point in time, your account cannot go any lower than $90,000. |
|||
| 8% | 4% | - | |
| During the MPFunds Challenge, the Profit Target to achieve is 8% and 4% for Phase 1 and Phase 2 respectively. In order to achieve the Profit Target, the trader has to reach the target amount based on the Account Balance from closed positions. So, in order to complete and proceed to the next Phase, all profits from your positions must be closed and realised. If your position is in a floating profit and hits 8%, but is not closed, the challenge will not be deemed as “Completed”. | |||
| 1:100 | 1:100 | 1:100 | |
| For Standard Accounts, take advantage and trade with a leverage of up to 1:100. Do take note that there is a different leverage applied to different instruments: Forex - 1:100 Indices and Energies - 1:50 Metals - 1:30 | |||
| Allowed | Allowed | Prohibited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions. Feel free to keep your positions open over the weekend. However, that is not the case once you pass and become an MPFunds Trader. For Standard Account, you are required to close your positions before the market closes for the weekend. Traders can opt to change their accounts types at any Phase, as long as no trades have been placed. | |||
| Allowed | Allowed | Prohibited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| US$298 | - | *120% Refund | |
| *Your registered fees will be refunded to you upon your first payout as an MPFunds Trader. | |||
| Phase 1 | Phase 2 | MPFunds Trader | |
|---|---|---|---|
| Unlimited | Unlimited | Unlimited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| 5 days | 5 days | - | |
| There are a total of 5 Minimum Trading Days to complete during the Trading Challenge. Trading Days are counted only when a trade is opened. For instance, if a trader opens a trade on a Monday and closes it on Wednesday, it will be considered as one trading day since the trade was initiated on Monday. Thus, the act of closing the trade on a specific day does not count as an additional trading day. | |||
| 5% | 5% | 5% | |
| Maximum Daily Loss represents the maximum permitted loss that can be incurred in a single trading day. Maximum Daily Loss is reset at 00:00 (UTC+0) every day and applies to all positions, whether open or closed. Traders are not allowed to exceed a 5% drawdown (based on the initial account balance) in equity at any point from 00:00 to 23:59 (UTC+0) in all Phases. Please note that the reset occurs at 00:00 (UTC+0), and not your local time.Example:Let's consider a trader who starts trading on their $100,000 account at 00:00 (UTC+0) on Day 1, with a Daily Permitted Loss of $5,000 (5%). If the trader takes a trade and closes it with a loss of $2,000 (2%), the Daily Permitted Loss for the day becomes $3,000 (3%). If the trader takes another trade and incurs a drawdown of $3,000 (3%), they will have violated the objective of a 5% Maximum Daily Loss drawdown, and will fail the challenge.For more examples, refer to our FAQ section here. | |||
| 10% | 10% | 10% | |
| Maximum Total Loss signifies the Maximum Loss allowed throughout the entire duration of the challenge. Traders must not exceed a 10% drawdown (based on the initial account balance) in equity at any time in all Phases. For instance, if you have a $100,000 account (Challenge/Funded), at any one point in time, your account cannot go any lower than $90,000. |
|||
| 8% | 4% | - | |
| During the MPFunds Challenge, the Profit Target to achieve is 8% and 4% for Phase 1 and Phase 2 respectively. In order to achieve the Profit Target, the trader has to reach the target amount based on the Account Balance from closed positions. So, in order to complete and proceed to the next Phase, all profits from your positions must be closed and realised. If your position is in a floating profit and hits 8%, but is not closed, the challenge will not be deemed as “Completed”. | |||
| 1:100 | 1:100 | 1:100 | |
| For Standard Accounts, take advantage and trade with a leverage of up to 1:100. Do take note that there is a different leverage applied to different instruments: Forex - 1:100 Indices and Energies - 1:50 Metals - 1:30 | |||
| Allowed | Allowed | Prohibited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions. Feel free to keep your positions open over the weekend. However, that is not the case once you pass and become an MPFunds Trader. For Standard Account, you are required to close your positions before the market closes for the weekend. Traders can opt to change their accounts types at any Phase, as long as no trades have been placed. | |||
| Allowed | Allowed | Prohibited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| US$550 | - | *120% Refund | |
| *Your registered fees will be refunded to you upon your first payout as an MPFunds Trader. | |||
| Phase 1 | Phase 2 | MPFunds Trader | |
|---|---|---|---|
| Unlimited | Unlimited | Unlimited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| 5 days | 5 days | - | |
| There are a total of 5 Minimum Trading Days to complete during the Trading Challenge. Trading Days are counted only when a trade is opened. For instance, if a trader opens a trade on a Monday and closes it on Wednesday, it will be considered as one trading day since the trade was initiated on Monday. Thus, the act of closing the trade on a specific day does not count as an additional trading day. | |||
| 5% | 5% | 5% | |
| Maximum Daily Loss represents the maximum permitted loss that can be incurred in a single trading day. Maximum Daily Loss is reset at 00:00 (UTC+0) every day and applies to all positions, whether open or closed. Traders are not allowed to exceed a 5% drawdown (based on the initial account balance) in equity at any point from 00:00 to 23:59 (UTC+0) in all Phases. Please note that the reset occurs at 00:00 (UTC+0), and not your local time.Example:Let's consider a trader who starts trading on their $100,000 account at 00:00 (UTC+0) on Day 1, with a Daily Permitted Loss of $5,000 (5%). If the trader takes a trade and closes it with a loss of $2,000 (2%), the Daily Permitted Loss for the day becomes $3,000 (3%). If the trader takes another trade and incurs a drawdown of $3,000 (3%), they will have violated the objective of a 5% Maximum Daily Loss drawdown, and will fail the challenge.For more examples, refer to our FAQ section here. | |||
| 10% | 10% | 10% | |
| Maximum Total Loss signifies the Maximum Loss allowed throughout the entire duration of the challenge. Traders must not exceed a 10% drawdown (based on the initial account balance) in equity at any time in all Phases. For instance, if you have a $100,000 account (Challenge/Funded), at any one point in time, your account cannot go any lower than $90,000. |
|||
| 8% | 4% | - | |
| During the MPFunds Challenge, the Profit Target to achieve is 8% and 4% for Phase 1 and Phase 2 respectively. In order to achieve the Profit Target, the trader has to reach the target amount based on the Account Balance from closed positions. So, in order to complete and proceed to the next Phase, all profits from your positions must be closed and realised. If your position is in a floating profit and hits 8%, but is not closed, the challenge will not be deemed as “Completed”. | |||
| 1:100 | 1:100 | 1:100 | |
| For Standard Accounts, take advantage and trade with a leverage of up to 1:100. Do take note that there is a different leverage applied to different instruments: Forex - 1:100 Indices and Energies - 1:50 Metals - 1:30 | |||
| Allowed | Allowed | Prohibited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions. Feel free to keep your positions open over the weekend. However, that is not the case once you pass and become an MPFunds Trader. For Standard Account, you are required to close your positions before the market closes for the weekend. Traders can opt to change their accounts types at any Phase, as long as no trades have been placed. | |||
| Allowed | Allowed | Prohibited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| US$1,100 | - | *120% Refund | |
| *Your registered fees will be refunded to you upon your first payout as an MPFunds Trader. | |||
| Phase 1 | Phase 2 | MPFunds Trader | |
|---|---|---|---|
| Unlimited | Unlimited | Unlimited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| 5 days | 5 days | - | |
| There are a total of 5 Minimum Trading Days to complete during the Trading Challenge. Trading Days are counted only when a trade is opened. For instance, if a trader opens a trade on a Monday and closes it on Wednesday, it will be considered as one trading day since the trade was initiated on Monday. Thus, the act of closing the trade on a specific day does not count as an additional trading day. | |||
| 5% | 5% | 5% | |
| Maximum Daily Loss represents the maximum permitted loss that can be incurred in a single trading day. Maximum Daily Loss is reset at 00:00 (UTC+0) every day and applies to all positions, whether open or closed. Traders are not allowed to exceed a 5% drawdown (based on the initial account balance) in equity at any point from 00:00 to 23:59 (UTC+0) in all Phases. Please note that the reset occurs at 00:00 (UTC+0), and not your local time.Example:Let's consider a trader who starts trading on their $100,000 account at 00:00 (UTC+0) on Day 1, with a Daily Permitted Loss of $5,000 (5%). If the trader takes a trade and closes it with a loss of $2,000 (2%), the Daily Permitted Loss for the day becomes $3,000 (3%). If the trader takes another trade and incurs a drawdown of $3,000 (3%), they will have violated the objective of a 5% Maximum Daily Loss drawdown, and will fail the challenge.For more examples, refer to our FAQ section here. | |||
| 10% | 10% | 10% | |
| Maximum Total Loss signifies the Maximum Loss allowed throughout the entire duration of the challenge. Traders must not exceed a 10% drawdown (based on the initial account balance) in equity at any time in all Phases. For instance, if you have a $100,000 account (Challenge/Funded), at any one point in time, your account cannot go any lower than $90,000. |
|||
| 8% | 4% | - | |
| During the MPFunds Challenge, the Profit Target to achieve is 8% and 4% for Phase 1 and Phase 2 respectively. In order to achieve the Profit Target, the trader has to reach the target amount based on the Account Balance from closed positions. So, in order to complete and proceed to the next Phase, all profits from your positions must be closed and realised. If your position is in a floating profit and hits 8%, but is not closed, the challenge will not be deemed as “Completed”. | |||
| 1:30 | 1:30 | 1:30 | |
| For Swing Accounts, trade with a leverage of up to 1:30. A lower leverage is required to enforce proper risk management measures. Do take note that there is a different leverage applied to different instruments: Forex - 1:30 Indices and Energies - 1:50 Metals - 1:10 | |||
| Allowed | Allowed | Allowed | |
| With the MPFunds Swing Account, you are allowed to hold your open positions over the weekend with no restrictions at all – regardless of which Phase you are in. If you are a longer-term trader, this account is perfect for you. However, traders are reminded to take note of the swap rates that add up the longer you hold your position for. Traders can opt to change their accounts types at any Phase, as long as no trades have been placed. | |||
| Allowed | Allowed | Allowed | |
| With the MPFunds Swing Account, restrictions around high-impact news events are not applicable. For example, if you held your trade through a high-impact news release and either TP/SL was triggered, you will not be penalised. However, at MPFunds, we always emphasise proper risk management. We’d like to reiterate that trading news is extremely risky, and can potentially lead to loss of your funded account. | |||
| US$108 | - | *120% Refund | |
| *Your registered fees will be refunded to you upon your first payout as an MPFunds Trader. | |||
| Phase 1 | Phase 2 | MPFunds Trader | |
|---|---|---|---|
| Unlimited | Unlimited | Unlimited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| 5 days | 5 days | - | |
| There are a total of 5 Minimum Trading Days to complete during the Trading Challenge. Trading Days are counted only when a trade is opened. For instance, if a trader opens a trade on a Monday and closes it on Wednesday, it will be considered as one trading day since the trade was initiated on Monday. Thus, the act of closing the trade on a specific day does not count as an additional trading day. | |||
| 5% | 5% | 5% | |
| Maximum Daily Loss represents the maximum permitted loss that can be incurred in a single trading day. Maximum Daily Loss is reset at 00:00 (UTC+0) every day and applies to all positions, whether open or closed. Traders are not allowed to exceed a 5% drawdown (based on the initial account balance) in equity at any point from 00:00 to 23:59 (UTC+0) in all Phases. Please note that the reset occurs at 00:00 (UTC+0), and not your local time.Example:Let's consider a trader who starts trading on their $100,000 account at 00:00 (UTC+0) on Day 1, with a Daily Permitted Loss of $5,000 (5%). If the trader takes a trade and closes it with a loss of $2,000 (2%), the Daily Permitted Loss for the day becomes $3,000 (3%). If the trader takes another trade and incurs a drawdown of $3,000 (3%), they will have violated the objective of a 5% Maximum Daily Loss drawdown, and will fail the challenge.For more examples, refer to our FAQ section here. | |||
| 10% | 10% | 10% | |
| Maximum Total Loss signifies the Maximum Loss allowed throughout the entire duration of the challenge. Traders must not exceed a 10% drawdown (based on the initial account balance) in equity at any time in all Phases. For instance, if you have a $100,000 account (Challenge/Funded), at any one point in time, your account cannot go any lower than $90,000. |
|||
| 8% | 4% | - | |
| During the MPFunds Challenge, the Profit Target to achieve is 8% and 4% for Phase 1 and Phase 2 respectively. In order to achieve the Profit Target, the trader has to reach the target amount based on the Account Balance from closed positions. So, in order to complete and proceed to the next Phase, all profits from your positions must be closed and realised. If your position is in a floating profit and hits 8%, but is not closed, the challenge will not be deemed as “Completed”. | |||
| 1:30 | 1:30 | 1:30 | |
| For Swing Accounts, trade with a leverage of up to 1:30. A lower leverage is required to enforce proper risk management measures. Do take note that there is a different leverage applied to different instruments: Forex - 1:30 Indices and Energies - 1:50 Metals - 1:10 | |||
| Allowed | Allowed | Allowed | |
| With the MPFunds Swing Account, you are allowed to hold your open positions over the weekend with no restrictions at all – regardless of which Phase you are in. If you are a longer-term trader, this account is perfect for you. However, traders are reminded to take note of the swap rates that add up the longer you hold your position for. Traders can opt to change their accounts types at any Phase, as long as no trades have been placed. | |||
| Allowed | Allowed | Allowed | |
| With the MPFunds Swing Account, restrictions around high-impact news events are not applicable. For example, if you held your trade through a high-impact news release and either TP/SL was triggered, you will not be penalised. However, at MPFunds, we always emphasise proper risk management. We’d like to reiterate that trading news is extremely risky, and can potentially lead to loss of your funded account. | |||
| US$198 | - | *120% Refund | |
| *Your registered fees will be refunded to you upon your first payout as an MPFunds Trader. | |||
| Phase 1 | Phase 2 | MPFunds Trader | |
|---|---|---|---|
| Unlimited | Unlimited | Unlimited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| 5 days | 5 days | - | |
| There are a total of 5 Minimum Trading Days to complete during the Trading Challenge. Trading Days are counted only when a trade is opened. For instance, if a trader opens a trade on a Monday and closes it on Wednesday, it will be considered as one trading day since the trade was initiated on Monday. Thus, the act of closing the trade on a specific day does not count as an additional trading day. | |||
| 5% | 5% | 5% | |
| Maximum Daily Loss represents the maximum permitted loss that can be incurred in a single trading day. Maximum Daily Loss is reset at 00:00 (UTC+0) every day and applies to all positions, whether open or closed. Traders are not allowed to exceed a 5% drawdown (based on the initial account balance) in equity at any point from 00:00 to 23:59 (UTC+0) in all Phases. Please note that the reset occurs at 00:00 (UTC+0), and not your local time.Example:Let's consider a trader who starts trading on their $100,000 account at 00:00 (UTC+0) on Day 1, with a Daily Permitted Loss of $5,000 (5%). If the trader takes a trade and closes it with a loss of $2,000 (2%), the Daily Permitted Loss for the day becomes $3,000 (3%). If the trader takes another trade and incurs a drawdown of $3,000 (3%), they will have violated the objective of a 5% Maximum Daily Loss drawdown, and will fail the challenge.For more examples, refer to our FAQ section here. | |||
| 10% | 10% | 10% | |
| Maximum Total Loss signifies the Maximum Loss allowed throughout the entire duration of the challenge. Traders must not exceed a 10% drawdown (based on the initial account balance) in equity at any time in all Phases. For instance, if you have a $100,000 account (Challenge/Funded), at any one point in time, your account cannot go any lower than $90,000. |
|||
| 8% | 4% | - | |
| During the MPFunds Challenge, the Profit Target to achieve is 8% and 4% for Phase 1 and Phase 2 respectively. In order to achieve the Profit Target, the trader has to reach the target amount based on the Account Balance from closed positions. So, in order to complete and proceed to the next Phase, all profits from your positions must be closed and realised. If your position is in a floating profit and hits 8%, but is not closed, the challenge will not be deemed as “Completed”. | |||
| 1:30 | 1:30 | 1:30 | |
| For Swing Accounts, trade with a leverage of up to 1:30. A lower leverage is required to enforce proper risk management measures. Do take note that there is a different leverage applied to different instruments: Forex - 1:30 Indices and Energies - 1:50 Metals - 1:10 | |||
| Allowed | Allowed | Allowed | |
| With the MPFunds Swing Account, you are allowed to hold your open positions over the weekend with no restrictions at all – regardless of which Phase you are in. If you are a longer-term trader, this account is perfect for you. However, traders are reminded to take note of the swap rates that add up the longer you hold your position for. Traders can opt to change their accounts types at any Phase, as long as no trades have been placed. | |||
| Allowed | Allowed | Allowed | |
| With the MPFunds Swing Account, restrictions around high-impact news events are not applicable. For example, if you held your trade through a high-impact news release and either TP/SL was triggered, you will not be penalised. However, at MPFunds, we always emphasise proper risk management. We’d like to reiterate that trading news is extremely risky, and can potentially lead to loss of your funded account. | |||
| US$298 | - | *120% Refund | |
| *Your registered fees will be refunded to you upon your first payout as an MPFunds Trader. | |||
| Phase 1 | Phase 2 | MPFunds Trader | |
|---|---|---|---|
| Unlimited | Unlimited | Unlimited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| 5 days | 5 days | - | |
| There are a total of 5 Minimum Trading Days to complete during the Trading Challenge. Trading Days are counted only when a trade is opened. For instance, if a trader opens a trade on a Monday and closes it on Wednesday, it will be considered as one trading day since the trade was initiated on Monday. Thus, the act of closing the trade on a specific day does not count as an additional trading day. | |||
| 5% | 5% | 5% | |
| Maximum Daily Loss represents the maximum permitted loss that can be incurred in a single trading day. Maximum Daily Loss is reset at 00:00 (UTC+0) every day and applies to all positions, whether open or closed. Traders are not allowed to exceed a 5% drawdown (based on the initial account balance) in equity at any point from 00:00 to 23:59 (UTC+0) in all Phases. Please note that the reset occurs at 00:00 (UTC+0), and not your local time.Example:Let's consider a trader who starts trading on their $100,000 account at 00:00 (UTC+0) on Day 1, with a Daily Permitted Loss of $5,000 (5%). If the trader takes a trade and closes it with a loss of $2,000 (2%), the Daily Permitted Loss for the day becomes $3,000 (3%). If the trader takes another trade and incurs a drawdown of $3,000 (3%), they will have violated the objective of a 5% Maximum Daily Loss drawdown, and will fail the challenge.For more examples, refer to our FAQ section here. | |||
| 10% | 10% | 10% | |
| Maximum Total Loss signifies the Maximum Loss allowed throughout the entire duration of the challenge. Traders must not exceed a 10% drawdown (based on the initial account balance) in equity at any time in all Phases. For instance, if you have a $100,000 account (Challenge/Funded), at any one point in time, your account cannot go any lower than $90,000. |
|||
| 8% | 4% | - | |
| During the MPFunds Challenge, the Profit Target to achieve is 8% and 4% for Phase 1 and Phase 2 respectively. In order to achieve the Profit Target, the trader has to reach the target amount based on the Account Balance from closed positions. So, in order to complete and proceed to the next Phase, all profits from your positions must be closed and realised. If your position is in a floating profit and hits 8%, but is not closed, the challenge will not be deemed as “Completed”. | |||
| 1:30 | 1:30 | 1:30 | |
| For Swing Accounts, trade with a leverage of up to 1:30. A lower leverage is required to enforce proper risk management measures. Do take note that there is a different leverage applied to different instruments: Forex - 1:30 Indices and Energies - 1:50 Metals - 1:10 | |||
| Allowed | Allowed | Allowed | |
| With the MPFunds Swing Account, you are allowed to hold your open positions over the weekend with no restrictions at all – regardless of which Phase you are in. If you are a longer-term trader, this account is perfect for you. However, traders are reminded to take note of the swap rates that add up the longer you hold your position for. Traders can opt to change their accounts types at any Phase, as long as no trades have been placed. | |||
| Allowed | Allowed | Allowed | |
| With the MPFunds Swing Account, restrictions around high-impact news events are not applicable. For example, if you held your trade through a high-impact news release and either TP/SL was triggered, you will not be penalised. However, at MPFunds, we always emphasise proper risk management. We’d like to reiterate that trading news is extremely risky, and can potentially lead to loss of your funded account. | |||
| US$550 | - | *120% Refund | |
| *Your registered fees will be refunded to you upon your first payout as an MPFunds Trader. | |||
| Phase 1 | Phase 2 | MPFunds Trader | |
|---|---|---|---|
| Unlimited | Unlimited | Unlimited | |
| During Phase 1 and 2 of the MPFunds Challenge, you are free to trade without any restrictions during all news releases. However, once you pass and get funded as an MPFunds Trader, you must exercise caution when trading around or during news releases. Execution of any new trades or closing of existing ones on the targeted instrument from 2 minutes before until 2 minutes after the news release are strictly prohibited. For more information, refer to our FAQ section here. | |||
| 5 days | 5 days | - | |
| There are a total of 5 Minimum Trading Days to complete during the Trading Challenge. Trading Days are counted only when a trade is opened. For instance, if a trader opens a trade on a Monday and closes it on Wednesday, it will be considered as one trading day since the trade was initiated on Monday. Thus, the act of closing the trade on a specific day does not count as an additional trading day. | |||
| 5% | 5% | 5% | |
| Maximum Daily Loss represents the maximum permitted loss that can be incurred in a single trading day. Maximum Daily Loss is reset at 00:00 (UTC+0) every day and applies to all positions, whether open or closed. Traders are not allowed to exceed a 5% drawdown (based on the initial account balance) in equity at any point from 00:00 to 23:59 (UTC+0) in all Phases. Please note that the reset occurs at 00:00 (UTC+0), and not your local time.Example:Let's consider a trader who starts trading on their $100,000 account at 00:00 (UTC+0) on Day 1, with a Daily Permitted Loss of $5,000 (5%). If the trader takes a trade and closes it with a loss of $2,000 (2%), the Daily Permitted Loss for the day becomes $3,000 (3%). If the trader takes another trade and incurs a drawdown of $3,000 (3%), they will have violated the objective of a 5% Maximum Daily Loss drawdown, and will fail the challenge.For more examples, refer to our FAQ section here. | |||
| 10% | 10% | 10% | |
| Maximum Total Loss signifies the Maximum Loss allowed throughout the entire duration of the challenge. Traders must not exceed a 10% drawdown (based on the initial account balance) in equity at any time in all Phases. For instance, if you have a $100,000 account (Challenge/Funded), at any one point in time, your account cannot go any lower than $90,000. |
|||
| 8% | 4% | - | |
| During the MPFunds Challenge, the Profit Target to achieve is 8% and 4% for Phase 1 and Phase 2 respectively. In order to achieve the Profit Target, the trader has to reach the target amount based on the Account Balance from closed positions. So, in order to complete and proceed to the next Phase, all profits from your positions must be closed and realised. If your position is in a floating profit and hits 8%, but is not closed, the challenge will not be deemed as “Completed”. | |||
| 1:30 | 1:30 | 1:30 | |
| For Swing Accounts, trade with a leverage of up to 1:30. A lower leverage is required to enforce proper risk management measures. Do take note that there is a different leverage applied to different instruments: Forex - 1:30 Indices and Energies - 1:50 Metals - 1:10 | |||
| Allowed | Allowed | Allowed | |
| With the MPFunds Swing Account, you are allowed to hold your open positions over the weekend with no restrictions at all – regardless of which Phase you are in. If you are a longer-term trader, this account is perfect for you. However, traders are reminded to take note of the swap rates that add up the longer you hold your position for. Traders can opt to change their accounts types at any Phase, as long as no trades have been placed. | |||
| Allowed | Allowed | Allowed | |
| With the MPFunds Swing Account, restrictions around high-impact news events are not applicable. For example, if you held your trade through a high-impact news release and either TP/SL was triggered, you will not be penalised. However, at MPFunds, we always emphasise proper risk management. We’d like to reiterate that trading news is extremely risky, and can potentially lead to loss of your funded account. | |||
| US$1,100 | - | *120% Refund | |
| *Your registered fees will be refunded to you upon your first payout as an MPFunds Trader. | |||
Why Should You Choose Us?
1st Trading Performance Programme in Asia
80% Profit Split for Rewards
Scalable Simulated Trading Capital of up to US$1,000,000
7 Business Days
Reward Cycle
120% Refundable Registration Fee
Leverage of up to 1:100
Find out how much you could potentially earn
While we can’t guarantee specific earnings, we’re here to provide insights into the potential returns you could achieve each month through our performance model. Keep in mind that all trading activities are in a simulated trading environment.
Account Size
Expected Monthly Return (%)
Income (USD) (Profit Split of 80%)
Note: This is a simulation for illustrative purposes only. The extent of how much you can earn is all up to you and how much trading profit you can generate!
A Glimpse of MPFunds
A Glimpse of MPFunds
Check out some of the various events held by MPFunds! From infosessions to surprise challenges at local universities, MPFunds aims to identify and reward talented traders. Fret not, we’ll be heading to other countries in Asia to meet our traders as well. Stay tuned for more updates!
Established and Headquartered in Singapore - Asia’s Leading Financial Centre
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What Our Client Have To Say About Us
R
Rafellino
“The best prop firm I’ve been trading with, as of now. Fair rules, decent pricing. Got my very first payout from them. It was fast. ”
O
Osman Jailani
“MPFunds is my first experience with cTrader and having the only experience in trading was on MT4/MT5, I was afraid that cTrader is not a thing for me. Boy I was wrong, cTrader helps a lot, especially with pre-calculating risks on my trades. So if anybody has doubts with MPFunds because of cTrader, my advice is just give it a try”
S
Shaheer Jamal
“From the user-friendly interface of the website to the prompt responsiveness of their customer service team and the incredibly fast payouts, every aspect has exceeded my expectations”
Y
Ying Jie
“Overall, prompt response from support and quick withdrawal. Definitely the next up and coming prop firm especially after the recent saga.”
L
Lim KM
“…Great to see that I will be paid based on a weekly basis. Another plus point is that the company have “PayNow” payouts for Singaporeans”
M
Mohd Herwan Sairon
“…They’ve become my favourite prop trading firm, and I can’t wait to see where our journey together takes us. If you’re looking for a reliable and professional trading partner, MPFunds in Singapore is the way to go!”
