{"@context":"https://schema.org","@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Why MiFunder is special","acceptedAnswer":{"@type":"Answer","text":"

Migration of consistent traders to asset management
No Payout Denial (without due cause)
\n We believe in second chances - We Invented Funded Phase Reset &\n redefined Evaluation Phase Reset\n
Lower Prices, Larger Accounts
Auto-Close
No Hidden Rules
VIP Support
Instant Credentials
Better Scaling Plan
Trade Your Favourite Instruments
EAs, News, Weekend, & Copy Trading

"}},{"@type":"Question","name":"Funded Phase Reset","acceptedAnswer":{"@type":"Answer","text":"

\n We invented funded phase reset If you break a rule in your funded\n phase, you can activate the Funded Phase Reset add-on to reset your\n account without undergoing another evaluation. We developed this\n feature as an insurance policy to protect your funded account.\n

Please note:

⁠50/50 profit split after reset.
\n ⁠Can ONLY be activated on or before 12 days after the first trade in\n your funded account.\n

\n P:S - 90% of traders who buy the reset ended up needing the reset to\n remain in funded phase (after a breach).\n

"}},{"@type":"Question","name":"Evaluation Phase Reset","acceptedAnswer":{"@type":"Answer","text":"

We redefined Evaluation Phase Reset

\n Mistakes are inevitable, especially in the first few days of trading.\n At MiFunder, traders who purchase the Evaluation Phase Reset add-on\n can reset their evaluation twice.\n

\n How Evaluation Phase Reset Works:\n
\n The evaluation phase reset is applicable only to two-phase evaluation\n accounts. If the perk wasn't used at phase 1, it can be activated\n in phase 2 (verification phase). Either time you use this perk you\n start again from phase one (for free). It can only be activated within\n 10 days from your first trade. And the 10 days doesn't restart\n each time you reset. In other words, you have 10 days to make 2\n mistakes (violation).{\" \"}\n \n Learn more on how it works\n \n

"}},{"@type":"Question","name":"What is my profit split?","acceptedAnswer":{"@type":"Answer","text":"

\n You take 80% of the profits and this scales up to 100% overtime as you\n stay consistent.\n

\n Also for the one-phase evaluation accounts, you can buy 90/10 profit\n split as a perk (add-on) as you start your evaluation\n

"}},{"@type":"Question","name":"What Instruments Can I Trade?","acceptedAnswer":{"@type":"Answer","text":"

\n Forex Pairs:
AUDCAD,\n AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD,\n EURCAD, EURCHF, EURGBP, EURJPY, EURNOK, EURNZD, EURPLN, EURSEK,\n EURTRY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD,\n NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDCNH, USDHKD,\n USDJPY, USDMXN, USDNOK, USDPLN, USDSEK, USDSGD, USDTRY, USDZAR\n

\n Indices:
AUS200, EU50,\n FRA40, GER30, HKIND, ITA40, JAP225, SPA35, SUI20, UK100, US100, US30,\n US500, US2000, USDIDX\n

\n Commodities:
BRENT, COCOA,\n COFFEE, CORN, COTTON, NGAS, SOYBEAN, SUGAR, WHEAT, WTI\n

\n Metals:
ALUMINIUM, COPPER,\n XAGUSD, XAUUSD, XPTUSD, XPDUSD, ZINC\n

\n Cryptocurrencies:
BTCUSD,\n ETHUSD, XRPUSD, LTCUSD, BCHUSD, ADAUSD, DOTUSD, SOLUSD, BNBUSD,\n LINKUSD\n

"}},{"@type":"Question","name":"Does MiFunder have any Country Restrictions?","acceptedAnswer":{"@type":"Answer","text":"

\n MiFunder and its partners operate globally and welcome participants\n from various countries except sanctioned countries.\n

\n Restricted Territory includes:\n
\n Due to regulatory conditions, we are unable to offer services with\n traders residing in the following countries: Cuba, Iran, North Korea,\n Myanmar, Russia (or the Crimea, Donetsk, or Luhansk regions of\n Ukraine), Somalia, Syria.\n

\n United States:\n
\n We now accept US customers who can purchase DXtrade challenges only.\n However, other services remain unavailable to new US customers.\n
\n The provision of services is not extended to individuals who appear on\n sanction lists, possess criminal records associated with financial\n crime, terrorism, or have been previously prohibited due to breach of\n contract, with no allowances.\n

\n Residency Acknowledgement:\n
\n Restricted country passport holders can use our service if they are\n resident in non-restricted countries and have proof of a resident\n visa. However, individuals should be aware of and comply with their\n respective local regulations and legal requirements related to\n proprietary trading.\n
\n
\n MiFunder and its partners do not assume responsibility for any legal\n consequences arising from participation in our programs, and\n participants are advised to ensure compliance with their\n country's regulations, including those outlined by the Office of\n Foreign Assets Control (OFAC) for countries subject to trade\n restrictions. By engaging with MiFunder and its partners, participants\n acknowledge their responsibility to adhere to applicable laws and\n regulations.\n
\n
\n Do we allow US Residents? We now accept US customers who can purchase\n DXtrade challenges only. However, other services remain unavailable to\n new US customers.\n
\n
\n Effective from Tuesday, 20 Feb 2024, we temporarily suspended services\n to new customers from the United States for challenges other than\n DXtrade. This means that US residents will not be able to purchase\n other types of challenges on our site. US citizens living abroad with\n an appropriate resident ID may continue to use our services. This is a\n precautionary step as we work through market conditions and\n regulations.\n
\n
\n Existing US Customers\n
\n Existing US customers can continue to trade existing accounts (but\n can't buy new challenges except for DXtrade challenges). We will\n provide updates if the situation changes.\n
\n
\n We will provide updates if the situation changes.\n

"}},{"@type":"Question","name":"Prohibited Trading Strategies at MiFunder","acceptedAnswer":{"@type":"Answer","text":"

What are the Prohibited Strategies:

\n High-Frequency Trading (HFT):\n
\n MiFunder strictly prohibits High-Frequency Trading (HFT), an advanced\n strategy utilizing algorithms and high-speed networks for rapid\n trading. While promising quick profits, HFT poses significant market\n risks.\n

\n Martingale Trading:\n
\n MiFunder prohibits Martingale Trading, where investment sizes increase\n after each loss in the pursuit of recovering previous losses. This is\n considered speculative and can lead to substantial capital loss.\n

\n Latency Trading:\n
\n MiFunder prohibits latency trading, which exploits delayed market data\n for assured profits, as it contravenes fair trading practices.\n

\n Arbitrage Trading:\n
\n Any form of arbitrage trading, exploiting price discrepancies, is\n strictly prohibited at MiFunder due to ethical concerns.\n

\n Grid Trading:\n
\n MiFunder prohibits grid trading, a strategy involving opposing buy and\n sell orders, to prevent market manipulation and excessive risk-taking.\n

\n One-sided Betting:\n
\n One-sided betting, where traders take positions without proper\n analysis, is restricted at MiFunder due to its speculative nature and\n potential for significant losses.\n

\n Hyperactivity:\n
\n MiFunder discourages hyperactivity in trading, characterized by\n excessive and rapid trade executions, to foster a balanced and\n thoughtful trading approach.\n

What are the Allowed Strategies

\n Copy Trading:\n
\n MiFunder permits copy trading within accounts owned by the same\n individual. However, copying trades between accounts not owned by the\n same person, including relatives or friends, is strictly forbidden.\n

\n Hedging:\n
\n Hedging is allowed within the same MiFunder account but is prohibited\n across multiple accounts to uphold sound trading strategies.\n

"}},{"@type":"Question","name":"Is Copy Trading allowed at MiFunder?","acceptedAnswer":{"@type":"Answer","text":"

\n The purpose of these copy-trading rules is to ensure fair and ethical\n trading practices, preventing the abuse of the copy-trading system.\n These rules are in place to maintain a level playing field for all\n traders, fostering a healthy trading environment. Adhering to these\n rules allows traders to benefit from the copy trading system while\n upholding the integrity of the platform.\n

\n MiFunder allows traders to engage in copy trading within the MiFunder\n platform, whether from another MiFunder account, prop firm, or retail\n broker, provided that the accounts are owned by the same individual.\n This allows traders to replicate trades from any account(s) under\n their ownership.{\" \"}\n \n Read more\n \n

"}}]}

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