The Instant Funded Trader 

What stands out to me is how flexible this form is. Holding trades overnight? Allowed. Using EAs and bots? Allowed. News trading? Also allowed. It really feels like they trust traders to trade their own way.

I signed up for their $5K challenge (cheap fee ~$19). Already saw red flags:
• They closed positions I never opened (0.12 lots against me, ~$40 loss).
• Pretend to be in the UAE, but it looks like an offshore scam.
• No transparency, no real support.
• Main trick is collecting fees and stealing challenge accounts.

Luckily, I never gave them my ID or real info (just a gift card). But anyone considering them should stay away — this is NOT a legit prop firm.

Stick to trusted names like E8 Funding or FTMO where real payouts are verified.

Absolute con. The company persist in taking money despite me having notified them that I wish to cancel my subscription back in July. They have just taken another payment. I have requested a refund which has been ignored. Stay well clear, a dreadful company to deal with. They will respond to any bad review asking for the customer to get in touch and implying they want to put things right. I got in touch, they ask for further information to which I replied all of the information is in my review then nothing. They do not respond. I am absolutely disgusted and now have to go back to my card provider as this company totally ignore my requests to cancel the subscription which they say in their marketing can be cancelled at any time. Stay well away.

Update: 19th Aug I received a refund for the money that was claimed from my credit card account. I have today also requested a 2.75% currency conversion charge that has been charged to my card account. I expect to receive the refund for this charge within the next 24 hours. I shall update this review accordingly.
Update: Bearing in mind I had requested cancellation of the subscription I had with this company yet I have to pay a currency conversion fee for the fact that the company applied and received payment that they should not have applied for.

This is the response I received:

The 2.75% transaction fee you mentioned is a bank fee typically associated with currency conversion and is not charged by MDTC. Unfortunately, we are unable to process refunds for bank fees, as they are outside of our control.

This is indicative of a truly irresponsible company. They make an error, I end up with a 2.75% fee? This is how they behave; no need for me to say more apart from avoid them like the plague.

Stay away!!
The customer service is terrible, they have been having "platform issues" for the last 2 weeks which has been preventing them from resetting my account, but they've had no problem charging me the monthly subscription fee. They have not updated me on when they can reset my account and I doubt I ever will. They are an absolute scam, do yourself a favor and stay away from these frauds

I paid $397/month, passed the MDTC challenge twice, got funded with a $1M account, and earned over $34,000 profit while following every posted rule. After trading for the required 7 days and reaching the 3% profit target, they denied my payout—claiming high margin usage, even though no margin rules exist in their terms. They also falsely accused me of using a bot. This is exactly what they warn about on their sales page—firms that use a bogus rule to avoid paying. Sadly, that’s what MDTC turned out to be.

Completely deceitful and an absolute scam. Social media and even their own website are nothing but lies. Advertised as being able to take payouts from day one and that is simply not true. You must pass a challenge and make 8% ($80,000), then they reset your account and you have to make 3% ($30,000) to pass the first “funded” stage to take a 2k payout. Then, your account is reset again, but this time, you must make 10% ($100,000) to take a 5k payout. This equates to roughly 3% profit split for you and a 97% for them on the $210,000 you made, a far cry from the 90/10 split they show everywhere. After this, your account is reset AGAIN, and after 60 days and another 10% ($100,000), you can take a larger payout. This amounts to $310,000 earned for the prop firm before taking any kind of sizable payout. No payout from day 1 as stated. In the Discord channel, questions and concerns (that others may have and been too worried to ask) are quickly met with opposition from the admin, quickly deleted from the chat so no one sees the question or concern (which are ALWAYS valid when dealing with a prop firm- especially one as shady as this), followed by a swift boot from the channel. This doesn’t exactly instill trust in your clients and certainly has a “fly by night” feel to it when simple questions or concerns are deleted and the person booted. There should be nothing to hide when someone is asking very real, logical questions. The steps to silence anyone with concern is alarming. It is also totally unprofessional to cut off the primary communication with support as a paying, “funded” trader, seeing as emailing support takes days to weeks. You’ll be lucky to even get your initial withdrawal. My first payout was declined because allegedly my account wasn’t paid. It was due the 12th and paid the 12th. Payout declined less than an hour after I paid. I even sent screenshots of the time I submitted my payment and when the payout was declined. My spouse trades also, and had a withdrawal declined due to “gambling behavior” even though only ~10% of their trades fell under this umbrella that is not mentioned anywhere in the rules, and they had made ~150k with no losses. The Discord paints a similar picture, with constant questions on payouts and structure. Not a single payout over 2k in the last almost 7 months. And even then, the only payouts above this amount are posted from the admin, not one of the 1300 members, and from before they “rebranded.” I can tell you, anyone spending $400 a month on an account is not a novice at trading, and payouts above the initial 2k should be rampant. MDTC will not survive operating like this, and I implore ALL traders to explore other, more reliable prop firms. MDTC will lure you in with promises of instant, big payouts with a million dollar account, just to pull the rug out from their clients. To anyone thinking about working with MDTC, I encourage you to take a look at their Discord to see exactly how this “prop firm” operates. Maybe try asking a tough question that the admin doesn’t like, since all the questions they don’t like to answer get deleted immediately. I have screenshots proving everything stated, and will gladly share with TrustPilot, MDTC, and anyone else who is curious. BEWARE

DO NOT WASTE YOUR PRECIOUS TIME OR MONEY!
TOTAL BS AND SCAM.
I WAS A TOP RATED TRADED TRADER.
WAS ACTIVELY TRADING FOUR - 1MM ACCOUNTS.
I HAD BLOWN 11 ACCOUNTS SINCE LAST DECEMBER BEFORE I FINALLY GOT MY SHIT TOGETHER A D STARTED WINNING
TWO WERE THE LAST TWO FREE RESETS THAT WERE PART OF A HOLIDAY 2024 PACKAGE ON DIFFERENT RULES THEM THEIR CURRENT AND ALSO BS PLANS!

LONG STORY SHORT.
I CRUSHED IT ON BOTH OF THOSE ACCOUNTS. MET EVERY THRESHOLD AND PASSED EVERY PARAMETER AND WAS SITTING ON TWO SIX FIGURE WITHDRAWLS BUT AFTER MEETING THE LAST THRESHOLD THEY DEACTIVATED BOTH ACCOUNTS THEREBY DENYING MY ABILITY TO EVEN REACH THE REQUIRED 60 TRADING DAY REQUIRED TO HAVE THE FULL 80% - 90% AND $100,000+ WITHDRAWLS ON EACH ACCOUNT!!!
THE THIRD ACCOUNT WAS DEACTIVATED BECAUSE THEY CLAIM I WAS GAMBLING EVEN THOUGH I WAS TRADING IT EAXCTLY LIKE THE OTHER THREE.
I WAS ABLE TO GET TWO - $2000 WITHDRAWLS BUT THOSE WOULD BE IT.
I WILL NEVER SEE ANOTHER DAMN DIME THAT I EARNED!

DO NOT!
DO NOT!
DO NOT!
BELIEVE A DAMN THING THEY SAY!!!

ITS ALL COMPLETE UNFILTERED BS!

YES, I HAVE ALL THE SCREENSHOTS, EMAILS, RECEIPTS, AND DOCS TO PROVE WHAT IM SAYING HERE!

DONT BELIEVE ME?
SAY GOODBYE TO YOUR HARD EARNED MONEY WITH THESE CRIMINALS!

So here it is. Read the rules properly before you start! for the million dollar challenge you need to know the following as of (6/19/2025).
1. you have to make 8% to pass the challenge (80K)
2. You have to make another 3% (30K) to get paid 2k.
3. After that your account is restricted for 60 days at which point you have to make 10% (100k) to get paid a max of 5K (you will not be paid more than 5k in that period no matter how much you trade so thats free work).
4. After 60 days you get an (unrestricted account) but you don't get the earnings that you made before.

So that is 310K to earn a maximum of 7k and they are getting your strategy and copying it in the background. Before anyone says no, I have the screen shot where their admin (Dante) confirms this info. There is no reason to pay your money to a company and then have to muddle through vague rules.

In addition, support is extremely horrible. They will sit on your request (whether it be an account reset or a payout) for days and tell you sorry.

Of note, I pointed this out to Dante and he blocked myself and everyone else who did from the discord so that they can confine to scam in peace.

NO REAL CUSTOMER SERVICE.BAD BADD BAD I want to clarify I am trying to get more information about the million dollar challenge. They unfortunately don`t have real agents in front of their webpage. It means a lot to me. Can you imagine if you have any trouble situation in the trading, how can you fix that or complain? It is really something to put in red flag.I would like to suggest this company to really take this in consideration, because it is a really important topic if you want to offer a PRIME service to your customers.

I see the no stop loss feature is only used in the challenge and it cannot be used for funded accounts. Is this true or did I not look at the updated rules? This is very important as to what strategies to use. Thanks in advance for any feedback.

Find a reputable prop firm. BEWARE!!!

Authentic review here.

When looking for a reputable proprietary firm you want to ensure there is a large and long regular history of payment proof from many various traders that have been thriving with the firm a long time. This company does not have that.,

BE AWARE!

I bought a Million Dollar Trader Challenge in Nov 24. Emails came through in a timely fashion on how to install the trading Platform using the Alpari MT5 Demo account. I installed this onto Desktop and started to trade and complete the challenge. Just recently, I tried to install the platform onto my mobile phone. I clicked the link that was included in my set up instruction email and it stated that I could not set up my account. I then sent an email to the IFT/MDTC support team outlining the issue. This was returned by MS "undelivered" stating that the IFT and MDTC (independent emails addresses) support@ email addresses were known as spam email addresses and were blacklisted. Alarmingly I visited the Company website, and the only form of contact you can have with the company, is through an AI bot in chat. When I informed the Bot of my situation, it told me that the company no longer supports MT5 and I have to use Match Trader ? through their dashboard. I was flabbergasted. No one from the company had informed me of this change of platform. I have been using the MDTC MT5 Demo Account with Alpari for 3 months (undertaking the challenge) without knowing that IFT/MDTC no longer support the MT5 system!!! I also informed the AI Bot that on 01/02/2025 IFT/MDTC had taken USD $ 297 from my debit card for an unlimited retry package. I knew nothing about this purchase as I was overseas at the time. I have also 3 retry within my original package, so would have no need for the addition package. The AI bot stated I needed to contact the Company Discord Community and register my query and receive a ticket. When I tried to join the community from the link the AI bot gave me, my invitation was not accepted!!!
I now have serious concerns that this company is FAKE and a SCAM. My only hope is that if the company is genuine, they will respond to this review and contact me, like they have with other reviews, because I have no means to contact them now.
Has anybody who reads this review actually received a payout by this company??

Since I wrote my initial review above, I have done some more investigative work and found out that this company is definately a SCAM. They offer a Slack email address to disgruntled 1* Reviewers like me , on this platform, so they address their issues with the company. I emailed the Slack address and received an email back from Slack stating the the company email address did not exist or was closed down. Also check Scam Advisor and Scam Dectector websites. This will reinforce why not to subscribe this companys SCAM

I started with a $25k account, and the flexibility is amazing. No crazy rules restricting your trades, and you can hold positions overnight.

Honestly, I was a bit skeptical at first, but after getting started with the One-Step Challenge, I was impressed. Everything is clear and easy to follow, and I like how you can trade on your own terms.

Total scam photos are AI generated no information about the owner. If you can’t contact the people that matter before you give them the money what chance do you have after you give them your money stay away.

I’ve been in the industry for 30 years. Crappy organisations like this designed to steal your money should be shut down and operator should be jailed .
All the reviews are fake. Anyone who knows about the basics of faking reviews ….Can tell that none of those reviews are real…. all negative reviews are actually real so work it out.

Cheap support person claimed to be the owner yet stopped replying when I asked to see his LinkedIn profile . These idiots give the industry bad name.

They are very dishonest they do not really payout peoples plus they will fail you on purpose once you get to the funded phase by saying like you gave your password to someone else and they trade your account which I've never done it this except only they have access to my account.Please don't waste your time and money on thoses new prop firms whitout a proof of legit payout because A.I probably fake their payout certificates better then them and report them as soon as possible to save other traders.
They also change their rules out of no where like a bipolar swing mood plus they gaslight peoples on purpose and never follow their own rules.I hope karma hit them hard soon because we work hard for our money meanwhile they take good trader for granted.
Please do not fall into their lies of helping you out they have no intention to take serious accountability plus we all know review can be bought on trustpilot they should get 0 good review since they lie and cheat real traders!

Order on October with Free Retry and never given? Tried and tried on support team But no luck! Every time chatting with them they tells go to support and support doesn’t work at all. So at the moment they are promoting giving so much intensive do not fall for them because you’ll never get them as they promising. They do not give even you’ll never heard of them? Also what we are seeing below are not legit?

I strongly urge everyone to avoid this company. Between their management incompetence and account manipulation to deny payout, It will be a surprise if this guy don't close up shop suddenly in a few years.

I came across their sham deceitful million dollar account promotion on Instagram, bough the account for $596 and got the first red flag when it took them 3 days to email the account credentials.

I traded the account to the funded stage, and whenever I hit the 10% target for payout, I requested payout which was where the fraud began to unravel in alarming stages.

First, they claimed my account was inactive, which was quite surprising, considering I have actively traded the account since I received the credentials. Then they came back stating they migrated accounts from Metatrader 5 to Match Trader, which caused the confusion on their end, and the account is indeed active.

Next, I was told they had to conduct a 72 hour review, which ended up turning into a 6 day review, and was informed I breached the overnight rule and therefore would be denied payout. This was shocking to me, as I only trade London session and never have a trade open past 9am on the New York session, so there's possibly no way, I could have breached the overnight rule, since I never trade the New York afternoon session.

I ran a test trade and lo and behold, the account was recording time based on their broker Alpari's local time, which is 7 hours ahead of Eastern Standard Time (EST). I put on a trade at 6:42 am EST and the account recorded the time as 1:42pm EST. I took a screenshot and live video evidence to call their attention to this, and was informed they were sticking with their decision that I breached the overnight rule.

Clear time manipulation on the account to ensure you fail and they deny payout. I have never felt such extreme soul crushing disappointment, as I had invested 3 months of my time between the challenge and funded account, following every rule and so certain I will receive my payout.

I strongly urge you to find a more reputable broker and avoid these guys. They host games and give out free accounts in their discord to retain customer interest, but I asked several times if anyone in the discord ever received a payout from them and not a single person could say so, even their admin host stated, he believed they were purposely holding back my account review past the 72 hours period, because I sent an email insulting them.

Same admin host threatened to remove me from the discord and ensure I don't receive a payout, after I voiced my concern to other discord members.

These guys are running a sham operation, and clearly are targeting your challenge fee only, without the intent of paying out. The rules are super restrictive for these reasons, and if you do make it to payout, they alter and manipulate to deny payout, Strongly advice, find a better company. The prop industry is full of scammers and vicious predators, preying on desperation of traders, and these guys are no exception!

paid my money, then wait months for response.
They make all the excuses, then accuse you that it is your fault for not getting details.
when you ask for refund, they lay the blame entirely on you then provide a useless platform to trade on, not the one mentioned in their promotion to suck you in.
STAY AWAY FROM THESE SCAMMER