Msolutionff Review 2024: In-Depth Look Into a Scam Proprietary Company
From unfavorable reviews to malicious practices, our Msolutionff review uncovers the reality behind this prop firm. Instead of working hard to provide a safe trading environment, this company chose another path, a path of scamming traders. Luckily, the majority of people are aware of their operations.
However, the company is still operating and there is a risk of other, less experienced traders falling prey to their practices. Read to learn more about the company and how to protect yourself and make sure to check out Hantec Markets, a regulated brokerage company.
About Msolutionff
Msolutionff is a part of Prop Trade Tech LLC, a company operating from the UK. Prop firms offer you access to simulated capital with a fee and after you successfully pass the challenge, you will obtain a Msolutionff funded account. The amount of funding depends on your preferences and choices.
The company claims to be registered in the UK, however, there is no mention of it in the FCA’s register. The unfavorable reviews this company has collected over the course of less than two years is very concerning and that should be enough reason for you to avoid them.
The drawbacks of this proprietary company don’t end here, though. Every step we take into the profile of this firm leads us to red flags and risks, and so far, there is nothing beneficial about Msolutionff that traders can gain while using it. But keep reading to learn more about this scammer.
Company Type | Proprietary Firm |
Legal name | Prop Trade Tech LLC |
Regulation | Not expected |
Registered in | UK (allegedly) |
Established | 2022 |
Website | msolutionff.com
trading.msolutionff.com |
Financial Authorities Warnings |
|
Contacts |
|
If a withdrawal is possible | Probably not; |
Fees |
|
If Active on Social Media: | |
Investor Protection: | None |
Activity areas | Italy, Malaysia, United States, Spain, France; |
Main threats | Too many unfavorable reviews and complaints; |
Main perks | No benefits to using this company; |
Legal Information
While prop firms are not required to be regulated by law, some companies operate under a license, despite not having to. That is a huge benefit, as traders are protected in case the firm doesn’t pay out profits. In this case, the company is facing too many scam allegations and concerns about not paying profits.
In this situation, as the firm is unregulated, traders are not protected, which makes it harder to get your funds back if necessary. A company with so many complaints and concerns about not paying up is not safe, so traders are warned to proceed with caution. However, we strongly advise you to avoid this firm.
Msolutionff Features
Msolutionff mentions an Eightcap partnership, however, we were surprised as to why would Eightcap work with an unreliable prop company. Either way, the demo account and all trading conditions depend on the broker, so working with Eightcap is a huge benefit, as the broker is regulated by some top-tier authorities.
The trading platform is no other than MT4, and once you pass the evaluation, you can follow the prompts in your evaluation pass email and get your live-funded account right away. There is no instant funding, so traders need to follow the rules and pass the challenge before starting to trade.
Msolutionff affiliates program is also something to reconsider, as the commission amount is not disclosed. Several traders also reported some hidden rules that are not even mentioned in the terms and conditions. Before committing to this prop trading firm, traders are advised to do research and consider the unfavorable reviews, as there are many.
Msolutionff Challenges
Challenges are divided into HFT one-phase challenges and Non-HFT two-phase challenges. Each challenge offers a funded account that ranges from $10,000 up to $500,000.
Prop firms usually don’t offer high amounts of funded accounts, so this could be an indication of malicious practices. Here is a breakdown of the challenges and the funded amounts:
HFT Challenges
With a 10% maximum overall loss and a 5% maximum daily loss, you can take advantage of a 1:100 leverage and a competitive profit share of 75%. Commit to at least seven trading days, and use the limitless assessment days.
Reach your financial objectives by aiming for a 10% profit, but keep in mind that initial withdrawal reimbursements are not allowed.
- $27,000 – $120
- $65,000 – $275
- $100,000 – $450
- $200,000 – $900
- $500,000 – $1,630
Non HFT Challenges
With a 5% maximum daily loss, this proprietary trading firm provides traders with the opportunity to pass challenges. Additionally, the firm imposes a 10% maximum total loss and offers a 1:100 leverage ratio.
Traders can enjoy a generous 90% profit share, with a minimum of 5 trading days and the flexibility of unlimited assessment days. The profit targets for Phase 1 and Phase 2 are set at 8% and 5%. Refunds on the first withdrawal are permitted.
- $10,000 – $170
- $25,000 – $270
- $50,000 – $370
- $100,000 – $580
- $200,000 – $1,160
Msolutionff Reviews
The reviews are when things start getting interesting with this firm. With over 377 comments, the company is rated with 1.7 stars on Trustpilot. That is not only concerning but also strange, especially considering they were established in 2022. For less than two years of work, the company managed to earn an atrocious reputation.
And to be honest, it precedes them. From not paying up profits to slow and non-existent customer support, it seems there is nothing beneficial this company can give to its traders. One trader closed with €3622 of profit and not only did they not allow him to withdraw, but they even closed the account without any warning.
Each unfavorable review accuses the firm of a scam and considering what we see when we open the web page, the Msolutionff scam seems legit. We strongly advise avoiding this firm altogether, as it is risky like EMD Forex.
Payment Options and Process
Multiple payment methods are accepted, including crypto, wire, and credit/debit cards. The payment options are not disclosed fully and traders are required to join the discord channel for more information.
Once you become a live-funded trader, you must trade for at least 30 days for your first payout, and after that, the payout is done bi-weekly. Once you send your request, the payments team will process the payout either via Cryptocurrency or Bank Transfer. You will be able to make a payout request at a minimum of $150 on every account.
Can I Make Money While Trading Online?
The Msolutionff prop firm is not the firm for you and considering the complaints, we advise avoiding it. Instead of wasting your precious time with this scammer, we advise you to think about using more reliable partners for trading, such as AI.Fundevity, our potent analysis bot.
AI.F performs the role of a data-driven virtuoso, going beyond blind trading. It gives traders a tactical advantage by closely examining asset history, spotting trends from comparable historical periods, and keeping up with the most recent advancements in the market.
We are so confident in the power of this tool that we offer a 14-day trial completely for free. So before committing, you can test the bot risk-free and experience the power of this AI tool without any concerns. Call us now and start trading profitably!
FAQ Section
What is Msolutionff?
Msolutionff is a proprietary trading firm, part of Prop Trade Tech LLC, offering challenges with funded accounts and claiming affiliation with Eightcap.
Is Msolutionff a Legit Prop Firm?
The platform has gained a poor reputation with numerous scam allegations and unfavorable reviews, raising concerns about its legitimacy.
How to Pick a Good Proprietary Trading Company?
When selecting a proprietary trading company, consider factors like regulatory compliance, user reviews, and transparency in fees and operations for a more secure trading environment.