Is MiFunder Still Operating?
A Dubai-based 2024 challenge firm whose site now returns server errors — status unknown, with prior manipulation complaints on record.
Status
Status Unclear
Last Updated
Last updated: 2026-07-31
What we know about MiFunder
MiFunder, founded in 2024 and based in Dubai, sold 1-phase and 2-phase simulated funded accounts from $7,000 to $250,000 — with scaling claimed to $5,000,000 in virtual capital — on MetaTrader 4 and DXtrade, at a notably low 1:20 leverage and with no disclosed broker.
As of late July 2026 its website returns repeated server errors, and whether it is down temporarily or defunct is not documented. While it operated, a review site flagged "too many red flags" — simulated-only funding, undisclosed broker, no regulatory backing — and roughly 10% of its ~71 Trustpilot reviews alleged price manipulation. We treat its status as unclear.
Why isn't MiFunder in our directory?
Propfirmbook's directory only includes firms we actively verify and track: live challenge pricing across every account size, payout terms and profit splits, complete trading rules, restricted-country lists, and current offers — checked continuously against each firm's own site. Firms outside the directory haven't been through that process, so we can't vouch for their current terms or operations.
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Frequently asked questions
Is MiFunder still operating?
Unknown — its site has been returning server errors, with no announcement either way. Treat as high-risk.
Why isn't MiFunder on Propfirmbook?
Our directory only includes firms we actively verify and track. MiFunder was never through that process.
What are the best alternatives to MiFunder?
See the verified alternatives below — firms we actively track with live challenge pricing, payout terms and current offers.
Verified alternatives to MiFunder
A note on 'fund recovery' services: companies that contact traders of collapsed prop firms claiming they can recover lost funds are a well-documented follow-up scam. No legitimate recovery process exists outside official channels or formal insolvency proceedings.