
Mvfunded.com’s pricing structure is straightforward: it charges a one-time fee for participation in its simulated trading challenges.
Read more about mvfunded.com:
Mvfunded.com Review & First Look
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mvfunded.com Cons: The Unseen Costs and Risks
Does mvfunded.com Work? (From a Model Perspective)
Is mvfunded.com Legit? Examining Credibility and Transparency
Is mvfunded.com a Scam? Unpacking the Accusations
How to Cancel mvfunded.com Subscription / Account
These fees vary based on the size of the “funded” account you aim to achieve and the chosen evaluation model (one-step or two-step). Understanding these costs is crucial, as they represent your upfront “investment” into the opportunity, which is, as discussed, non-refundable.
Challenge Pricing Tiers
Mvfunded.com offers two primary challenge types, each with different account sizes and corresponding fees:
1. 2-Step Challenge (Standard Evaluation)
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This model is typically designed for more consistent assessment over two distinct phases.
- $5,000 Account Size: $49 per challenge
- $10,000 Account Size: $99 per challenge
- $25,000 Account Size: $199 per challenge
- $50,000 Account Size: $299 per challenge
- $100,000 Account Size: $499 per challenge (Labeled “most popular”)
- $200,000 Account Size: $999 per challenge (Labeled “maximum fund”)
Key Objectives for 2-Step Challenge:
- Targeted Gains: Phase 1: 10%, Phase 2: 5%
- Time Limit: Unlimited
- Daily Drawdown (static): 5%
- Max Drawdown: 10%
2. 1-Step Challenge (Fast Way to Try) How to Cancel mvfunded.com Subscription / Account
This model offers a quicker path to evaluation, but with tighter risk parameters.
Key Objectives for 1-Step Challenge:
- Targeted Gains: 10%
- Daily Drawdown (static): 3% (Tighter than 2-step)
- Max Drawdown: 6% (Tighter than 2-step)
What the Price Entails:
- Access to Simulated Account: The fee grants you access to a simulated trading account on the MT5 platform with the specified virtual capital.
- Evaluation Opportunity: It pays for the opportunity to undergo their proprietary evaluation process.
- Non-Refundable: Crucially, these fees are generally non-refundable, regardless of whether you pass or fail the challenge. This is a fundamental aspect of the prop firm challenge model.
- No Hidden Monthly Fees (for the challenge itself): There are no stated recurring “subscription” fees for participation in the challenges. You pay once per attempt.
Understanding the True “Cost”
While the listed prices are straightforward, the true “cost” goes beyond the monetary fee:
- Probability of Loss: Given the high failure rates (often exceeding 90-95%) in such challenges across the industry, the statistical likelihood is that your challenge fee will be lost. This is the primary “cost” for the majority of participants.
- Time and Effort: Beyond the money, there’s a significant investment of time, mental energy, and emotional effort required to attempt these challenges. This effort is often unrewarded for unsuccessful attempts.
- Ethical “Cost”: For those adhering to Islamic principles, engaging in a model with elements of Maysir (gambling), Gharar (excessive uncertainty), and Riba (through underlying CFD instruments) carries an ethical cost, regardless of monetary outcome. This form of engagement is considered impermissible, meaning the “price” is not just financial but also spiritual.
Comparison to Industry Averages
Mvfunded.com’s pricing is competitive with many other prop firms in the market.
The cost per $1,000 of desired funding generally falls within typical industry ranges (e.g., $49 for $5k is roughly $9.8 per $1k, while $999 for $200k is roughly $4.99 per $1k). The “unlimited time limit” is a notable positive feature compared to firms with strict deadlines, potentially making the challenge less stressful. Is mvfunded.com a Scam? Unpacking the Accusations
However, this positive aspect doesn’t negate the fundamental risks and ethical concerns.
In summary, mvfunded.com’s pricing is transparently laid out as a fee for participating in a simulated trading evaluation.
However, the true “price” involves not just the monetary cost but also the high probability of losing that fee, the investment of time and effort, and for those with ethical considerations, the engagement in a problematic financial model.
It’s crucial for prospective users to weigh these broader “costs” against the alluring promise of significant funding.
Is mvfunded.com Legit? Examining Credibility and Transparency
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