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Overview of MV Funded Prop Firm!!

TheTrustedProp
Date: July 23, 2024

MV Funded, legally known as MVFunded Ltd, is a prominent proprietary trading firm based in Cyprus. With its innovative approach and commitment to providing top-tier trading support, MV Funded aims to empower traders worldwide by offering a unique and professional trading environment.

 

Introduction to MV Funded's Unique Offerings

MV Funded stands out in the industry due to its unique offerings, which include an unlimited time limit for challenges, a high leverage ratio, and a generous profit split. The firm is dedicated to supporting traders at every step, from initial evaluation to becoming fully funded professionals.

 

Company Background

 

Legal Name and Registration Details

MV Funded operates under the legal name MVFunded Ltd. The company is registered under the number HE 461715 and is headquartered at Sofouli, 2, Chanteclair Building, 6th Floor, Office 602, 1096, Nicosia, Cyprus. Registered in Cyprus, MV Funded adheres to the regulatory standards and compliance requirements of its jurisdiction, ensuring a secure and transparent trading environment.

 

MV Funded Challenge

Challenge Structure

The MV Funded challenge is designed to evaluate and support traders through a straightforward and rewarding process. There is only one type of challenge, making it easy for traders to understand and pursue their goals.

 

Profit Targets

  • Phase 1: Traders must achieve a profit target of 10%.
  • Phase 2: The profit target is reduced to 5%, allowing traders to focus on consistent performance.

 

Time Limit and Trading Rules

  • Unlimited Time: Traders can take as long as they need to complete the challenge, removing the pressure of a ticking clock.
  • Daily Loss Limit: Set at 5%, this rule helps traders manage their risk on a daily basis.
  • Max Drawdown: The maximum drawdown allowed is 10%, ensuring traders maintain overall risk control.

 

Gains Split and Leverage

  • Gains Split: Traders receive up to 80% of the profits, providing substantial rewards for their efforts.
  • Leverage: A leverage ratio of 100:1 is available, giving traders significant buying power.

 

Minimum Trading Days

Traders are required to trade for a minimum of 4 days, ensuring that their performance is consistent and not based on a few lucky trades.

 

Trading Restrictions and Allowances

  • Stoploss: Not required, giving traders flexibility in their strategies.
  • EAs: Trade management EAs are allowed, but execution EAs are prohibited to maintain fairness.
  • News Trading: Permitted, allowing traders to take advantage of market-moving events.
  • Consistency: Traders must demonstrate consistency in their trading to qualify for funding.

 

Available Account Sizes

MV Funded offers a range of account sizes to cater to different trading needs and levels of experience:

  • $5,000
  • $10,000
  • $25,000
  • $50,000
  • $100,000

 

Pro Conditions

 

Overview of Pro Conditions

MV Funded provides professional conditions that are designed to support traders in achieving their goals. These conditions include access to substantial funding, professional guidance, and a supportive trading environment.

 

Benefits of Pro Conditions

  • $100K in Funding: Traders can access up to $100,000 in trading capital.
  • 190+ Countries Supported: MV Funded supports traders from over 190 countries, providing global opportunities.
  • No Time Limit: Traders have unlimited time to complete their challenges.
  • 99% Trading Uptime: Reliable trading platforms ensure minimal downtime and continuous trading opportunities.

 

Joining MV Funded

 

Steps to Join:-

 

Choose Account

Select from a range of account sizes, from $5,000 to $100,000, to match your trading goals and experience level.

 

Pass Challenge

Sign up and receive instant credentials for Phase 1 and Phase 2. With no downtime, you can start trading immediately when market conditions are optimal.

 

Get Funded

Upon passing the challenge, you join the ranks of MV Funded's elite traders and gain access to substantial trading capital.

 

Immediate Credentials

Traders receive their credentials instantly upon purchasing an account, allowing them to start trading without delay. After completing Phase 1, they receive their Phase 2 logins immediately.

 

No Time Limit for Completion

MV Funded understands that life can be unpredictable. Therefore, there is no time limit for completing the challenge, giving traders the flexibility to balance their trading with other commitments.

 

Realistic Targets

The profit targets at MV Funded are set to be achievable and realistic. This approach ensures that traders can focus on developing their skills and proving their consistency.

 

Professional Guidance

The MV Funded team consists of seasoned industry professionals who provide expert guidance and support. This ensures that traders have the resources they need to succeed.

 

Platform and Technology

 

Trading Platform

 

MT5 Powered by MarketsVox

MV Funded uses the MetaTrader 5 (MT5) platform, powered by MarketsVox, a fully licensed and regulated CFD broker. MT5 is renowned for its robust features and user-friendly interface, making it a preferred choice for traders worldwide.

 

Technical Specifications

 

99% Trading Uptime

MV Funded ensures that traders have access to the platform with a 99% trading uptime, minimizing disruptions and maximizing trading opportunities.

 

Payment Methods

MV Funded offers a variety of payment methods to accommodate traders from different regions and preferences:

  • Crypto: Payments can be made via popular cryptocurrencies like Bitcoin and Ethereum.
  • Bank Transfers: Direct bank transfers are available for convenience.
  • MarketsVox Wallet: Traders can withdraw funds directly to their MarketsVox wallet, facilitating immediate trading.

 

Detailed Rules and Regulations

 

EA Policy

MV Funded allows trade management EAs but prohibits execution EAs to ensure fair and transparent trading conditions. Prohibited EAs include high-frequency trading, news scalping, arbitrage, multi-account reverse trading, tick scalping, and EAs designed to abuse demo servers. Traders using third-party EAs must ensure compliance with MV Funded's policies.

 

Inactivity Clause

To keep an account active, traders must place at least one 0.01 lot trade every 30 days. Accounts that remain inactive for more than 30 days are archived.

 

Violating Challenge Rules

Traders must adhere to the daily drawdown and maximum drawdown rules to avoid account termination. Violations of these rules result in account termination and failure of the challenge.

 

Payout Process

 

Requesting Payout

Traders can request a payout upon achieving profits. The process is straightforward and designed to ensure traders receive their earnings promptly.

 

Processing Time

Payout requests are processed swiftly, with most transactions completed within a few business days.

 

Payment Options

Traders can choose from various payment options, including crypto, bank transfers, and withdrawal to the MarketsVox wallet, providing flexibility and convenience.

 

Customer Support

 

Contact Information

MV Funded is committed to providing excellent customer support. Traders can reach out to the support team via email at [email protected] for assistance with any queries or issues.

 

Conclusion

 

MV Funded provides a comprehensive and supportive environment for traders, offering unlimited time for challenges, realistic profit targets, and professional guidance. With its robust trading platform and favorable conditions, MV Funded is an excellent choice for traders looking to take their skills to the next level.

FAQs

No, there is no time limit, allowing traders to progress at their own pace.

Traders must demonstrate consistent performance to qualify for funding, ensuring sustainable trading practices.

Trade management EAs are allowed, but execution EAs are prohibited to maintain fair trading conditions.

Accounts inactive for more than 30 days are archived. To keep an account active, place at least one 0.01 lot trade every 30 days.

Violations of the daily drawdown or maximum drawdown rules result in account termination and failure of the challenge.

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