Established and headquartered in Singapore, MPFunds is Asia's 1st Modern Prop Firm, operating with the goal of identifying talented traders. Traders will need to undergo a 2-Phased MPFunds challenge to ultimately trade with simulated capital of up to US$400,000 and be eligible for rewards on their trading performance. On top of that, with our scale-up program, talented traders will have the opportunity to maximise their simulated capital allocation of up to US$1,000,000. Here at MPFunds, we believe in rewarding success. Our traders are entitled to receiving rewards equivalent to 80% of the profit generated on the demo account. To complement this, the reward timeline is swift, with traders able to request reward withdrawals as early as 7 business days. Unlike conventional firms, MPFunds also focuses on nurturing our traders with the 4Cs - Coaching, Courses, Counselling, and Customer Support, ensuring all traders are in a holistic trading environment. Take part in the MPFunds challenge and be rewarded for your trading talent today, built exclusively for those who dare to dream big in the trading world.
Written by the business, not verified by us.MPFunds (mpfunds.com) has a 4.1 out of 5 rating on OK.one, based on 118 user reviews collected here. It is listed under Education & Training and its reputation is good. 79% of reviews are 4 stars or higher and 19% are 1 star; The business has replied to 39% of negative reviews. Last updated 2026-10-24.
Eric Tan is suspected Joining with Dean Wong After we investigate and contact Eric Tan on linkedin, He can not confirm that he did not join with Dean Wong regarding scamming people. So we waiting Eric Tan for confirm that, and for now, He suspected join with Dean Wong. Some people already report to Autorithy in Singapore
They've shut down, but were cheating on payouts for some time now. Came up with a new rule after you get funded where you need to set SL of 2% within 2 minutes and not change it within the first 2 minutes. If you miss a SL, they'd cancel the whole payout. However, if your SL gets hit during a news event, they'd cancel the funded account. Avoid the name Dean Wong like a plague in the future.
August 21, signed up for challenge account after reading reviews about how great they were. 2 weeks later and all i get is an email telling me how sorry the CEO is that they basically screwed up and decided to immediately close shop. Thanks for the email Dean, that really uplifted my feelings.
RUG PULLED OVERNIGHT stating of regulation issue or traders exploitation - NO SUCH THING. The hard fact is that they still collect money even on the day of their 'collapse' or vanish. pushing promo's stating that they are officially GST registered, effective from 13 September 2024..but rugged right on time. Delaying payouts and changing rules of traders right before rugging everyone. We have all the evidence! BIG SCAM, Asia's 1st and leading scam firm, stop flagging or suppressing public comments here.
Exit scam company, I used them because they seems reliable and legit at the first place...they even got awards and publicity here and there, but at the end they still rug-pulled and gone missing overnight. The recent delayed payouts and constant push of promotion was the sign of running. very dissapointing, they broke Singapore image as a whole!
They rug-pulled and vanish overnight with just a makeup story notice. Pure scam platform, they pushed promos by saying that they have just registered with the government for GST implementation, only to perform a final sale to cheats all victims' money.
Irresponsibility company. There must be a law to hold companies accountable, not just to have problems and get away with it. When I lost you got my money, but when I get profits MPFund go away, it’s not fair.
i want my refund!! you have to refund . dont tell us you are facing loss
Clearly scamming it customer toward the end of the journey. Push for promo just to attract the last batch of money before shutting down. Could have been honest and stop new user from purchasing first.
Closed company, didnt even offer to refund. Scammers
First of all, i like the company alot but this behaviour is unacceptable. Literally close the business and slap with a notice. Don't tell me about regulation this and that you have been in business for 4 years and now decided to give this kind of excuse? The reason is, you guys is lacking of income, FFS just run the marketing which you guys have NONE. Anyway, enjoy the easy money you scum
Please refund the challenge fee!
Rug pulled days after the original review. Disappointed indeed. 2nd payout is officially down to drain. Good luck out there traders. (I have received my first payout from MPFunds within 2 business days. Despite the only live support will be on discord, they are able address your concern quite swiftly. Pending my second payout in coming week, overall satisfied with them by far!)
payment is on time and good & reliable firm
Hi Albert, Thank you for your feedback! We're thrilled to hear that you consider MPFunds a trusted prop firm. Building and maintaining trust with our traders is paramount to us, and your recognition of this effort is greatly appreciated. We look forward to continuing to provide you with reliable and transparent services! Trade safe, The MPFunds Team
Their customer service is responsive. No delay at all. Recommended 👍🏻
Hi Ck Alfred, Thank you for your recommendation and positive feedback! We're delighted to hear that you've experienced responsive and timely service from our customer support team. Ensuring a swift and helpful response is a priority for us, and we're glad to have met your expectations. We appreciate your endorsement and look forward to continuing to provide you with excellent support. Trade safe, The MPFunds Team
Very nice support! Fast work and good solution.
Hi there, Thank you for your kind words! We're thrilled to hear that you've had a positive experience with our support team and are satisfied with the speed and quality of the solutions we provide. Our goal is to ensure that all our traders receive prompt and effective assistance whenever needed. We appreciate your feedback and look forward to continuing to offer you excellent service. Trade safe, The MPFunds Team
Great. Had 1 payout with them. Legit company.
Hi Mambu, Thank you for your positive feedback! We're delighted to hear that you've successfully received your payout and feel confident in the legitimacy of our company. Ensuring a trustworthy and efficient process for all our traders is our top priority. We appreciate your support and look forward to continuing to provide you with reliable service. Trade safe, The MPFunds Team
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