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Tag: my forex funds

My Forex Funds: Transitioning to OFP – A Comprehensive Guide

my forex funds

Recently, the My Forex Funds case, a prop firm that has recently faced closure due to legal complications, has caused a stir in the trading world. Let us begin with a brief overview: My Forex Funds, once a prominent name in the prop trading industry, has experienced a rather abrupt cessation due to allegations of […]

MFF My Forex Funds Prop Firm Shutdown: What Happened?

my forex funds

In an unexpected turn of events, My Forex Funds, a well-known prop trading firm, faced an abrupt shutdown. Traders and investors associated with the firm were left bewildered as they received the news that provincial securities regulators in Canada and commodities regulators in the United States had issued orders preventing the firm from trading securities […]

Target Profit Illusions Exposed: the My Forex Funds Mirage

my forex funds

In the wacky world of forex, where trading dreams and reality often share a complicated relationship, there’s a new player in town, or rather, a self-proclaimed forex maestro called My Forex Funds. With a 8% profit target in their evaluation phase, things might not be as easy as they seem. So, grab your popcorn as […]

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FINTEKNOLOGY LTD London, The UK – Copyright © 2024
OFP FUNDING Is A Trademark Brand Name Owned By FINTEKNOLOGY LTD. UK (Company Number: 15131112). The Services Provided On This Website Are Professional Skill-Assessment Services. The Outcome Of The Proposed Services Is Necessarily Determined By The Individual Professional Skill Level And Ability To Perform Under The Program Guidelines And Objectives As Elaborated For Each Service Separately. Clients Are Advised To Conclude A Thorough Study Of The Requirements Of The Program Before Signing Up For Any Of The Services. Hypothetical Performance Disclosure: All Accounts Used  For The Services Are Demo Accounts. Hypothetical Performance Results Have Many Inherent Limitations, Some Of Which Are Described Below. No Representation Is Being Made That Any Account Will Or Is Likely To Achieve Profits Or Losses Similar To Those Shown; In Fact, There Are Frequently Sharp Differences Between Hypothetical Performance Results And The Actual Results Subsequently Achieved By Any Particular Trading Program. One Of The Limitations Of Hypothetical Performance Results Is That They Are Generally Prepared With The Benefit Of Hindsight. In Addition, Hypothetical Trading Does Not Involve Financial Risk, And No Hypothetical Trading Record Can Completely Account For The Impact Of Financial Risk Of Actual Trading. For Example, The Ability To Withstand Losses Or To Adhere To A Particular Trading Program In Spite Of Trading Losses Are Material Points Which Can Also Adversely Affect Actual Trading Results. There Are Numerous Other Factors Related To The Markets In General Or To The Implementation Of Any Specific Trading Program Which Cannot Be Fully Accounted For In The Preparation Of Hypothetical Performance Results And All Which Can Adversely Affect Trading Results.

OFP’s funded accounts are not live trading accounts, they are fully simulated accounts utilizing real market quotes from liquidity providers.