MyFundedFX Review

MyFundedFX offers traders challenge programs that are intended to provide them an opportunity to trade without risking their own money. Profit-based payments are given to traders who are successful. With the ability to manage account sizes up to $300,000 and obtain profit shares of up to 92.75%, traders have the chance to make significant earnings. Trading a variety of financial assets, such as commodities, indices, FX pairings, and cryptocurrencies, can help achieve this.

MyFundedFX is a proprietary trading company that was formed in June 2022 under the legal name MyFunded Solutions, LLC. CEO Matthew Leech is in charge of them, and they are based in Dallas, Texas. In collaboration with MyFundedFX, traders may select from five different account types, two two-step assessments, two one-step evaluations, and a three-step evaluation. Purple Trading Seychelles and Quality FX Ltd as their brokers.

MyFundedFX headquarters are located at 100 Crescent Court Suite 700 Dallas, TX 75201, United States.

Matthew Leech is the founder of MyFundedFX, whois a successful computer and financial services entrepreneur and a proficient forex, options, stock, and cryptocurrency trader. He has been actively trading since 2018 and is presently the CEO of MyFundedFX, along with several other ventures.

Matt’s motivation for launching MyFundedFX resulted by identifying a void in the sector. Proprietary trading companies frequently put more emphasis on creating programs than on attending to the requirements of individual traders. But with MyFundedFX, the main goal is to inform traders and make it easier for them to obtain funding. With a strong commitment to this goal, Matt and the team continuously improve the fundamental abilities needed to become a successful trader.

Funding Program Options

MyFundedFX provides its traders with five unique funding program options:

• Two-step Challenge
• Two-step Max Challenge
• One-step Challenge
• One-step Max Challenge
• Three-step Challenge

MyFundedFX’s Traders may handle account sizes ranging from $5,000 to $300,000 with the Two-step Challenge. Finding skilled traders who can effectively manage risk over the two-step evaluation phase and turn a profit is the goal. You can use up to 1:30 leverage when trading the Two-step Challenge.

Account Size	Price
$5,000	$50
$10,000	$100
$25,000	$200
$50,000	$300
$100,000	$500
$200,000	$950
$300,000	$1,399

Phase one of evaluation requires a trader to achieve a profit target of 8% without exceeding their 5% maximum daily loss or 8% maximum loss rules. As for time constraints, you are not required to have a maximum trading day in phase one. However, you must have at least 3 profitable trading days, where each has to achieve a minimum profit of 0.5% to proceed to phase two.

Phase two evaluation would call for a trader to make a profit of 5% with none exceeding their 5% maximum daily loss or their rules of 8% maximum losses. Regarding limitations on time, note you have no maximum trading days requirements during phase two, yet you are required to ensure you have at least 3 profitable days where each day must meet or exceed a minimum profit of 0.5% and qualify you for funded status.

By completing both phases of evaluation, you are given a funded account with no minimum withdrawal requirements. You need to respect only the 5% maximum daily loss and 8% maximum loss rules. Your first payout will be 7 calendar days after you place your first position on your funded account, while all other withdrawals can also be submitted weekly. The split of your profit will depend on the profit you earn from your funded account. You will receive 80% up to 92.75%.

Two-step Challenge Scaling Plan

There is a scaling strategy for the Two-step Challenge as well. An account size increase of 25% of the original account size will be granted to traders who have made money in the past three months with an average return of 12% during that time.

Example: After 3 Months: A qualifying $100,000 account swells to $125,000.

1. An eligible $125,000 account grows to $150,000 after the next three months.
2. An eligible $150,000 account rises to $175,000 after the next three months.

Two-step Challenge Trading Rules & Objectives

• Profit Target – To successfully complete an assessment phase, withdraw winnings, or scale their trading account, traders must reach a specified profit %. While Phase 2 calls for achieving a profit objective of 5%, Phase 1 has a profit target of 8%. There are no set profit goals for funded accounts
• Maximum Daily Loss – The most amount of money a trader may lose in a single trading day without violating their account. The maximum daily loss for all account sizes is 5%. (Adjustable to 8% scale)
• Maximum Loss – The most amount that a trader can lose in total without violating the terms of the account. The maximum loss for all account sizes is 8%. (Adjustable to 14%)
• Minimum Profitable Trading Days – Before you may successfully complete an assessment phase, you must fulfill the minimum profitable trading day criteria. A minimum profit of 0.5% must be made in each of the three minimum profitable trading days required for both assessment rounds.
• No News Trading – During high-impact news announcements, trading is not allowed. This means that between the three minutes prior to and following the revelation of specific news, it is not permitted to execute new transactions or close existing deals on the designated instrument. (Only on accounts that are financed)

MyFundedFX’s Two-step Max Challenge allows traders the ability to handle account amounts ranging from $5,000 up to $200,000. Finding skilled traders who can effectively manage risk over the two-step evaluation phase and turn a profit is the goal. You can use up to 1:30 leverage while trading the Two-step Max Challenge.

Account Size	Price
$5,000	$38
$10,000	$75
$25,000	$140
$50,000	$210
$100,000	$425
$200,000	$725

The evaluation phase one of a trader should attain a profit of 10% without exceeding their 5% maximum daily loss or 10% maximum loss rules. Regarding time limits, you are not expected to have any maximum trading days during phase one. However, you must have at least 3 profitable trading days where each should be composed of a minimum profit of 0.5% in order to qualify for phase two.

Evaluation phase two will call for the trader to make a profit of 5% while not exceeding his 4% maximum loss per day or his 8% maximum loss rule. For time limits, you will notice that you do not have any maximum trading day requirement during phase two. You, however, are obligated to have at least 3 profitable trading days where each must consist of a minimum profit of 0.5% in order to progress to funded status.

Having successfully completed both evaluation phases will grant you a funded account with no minimum withdrawal requirements. All you have to respect are the 4% maximum daily loss and 8% maximum loss rules. The first payout is 7 calendar days from when you position your first trade on your funded account, while the rest of the withdrawals can be submitted weekly. Your profit split will be 80% up to 92.75% depending upon the profit you generate in your funded account.

Two-step Max Challenge Scaling Plan

There is also a scaling strategy for the Two-step Max Challenge. An account size increase of 25% of the original account size will be granted to traders who have made money in the past three months with an average return of 12% during that time.

For instance, an eligible $100,000 account grows to $125,000 after three months.

1. An eligible $125,000 account grows to $150,000 after the next three months.
2. An eligible $150,000 account rises to $175,000 after the next three months.

And so forth.

Two-step Max Challenge Trading Rules & Objectives

• Profit Target – To successfully complete an assessment phase, withdraw winnings, or scale their trading account, traders must reach a specified profit %. While Phase 2 calls for achieving a profit objective of 5%, Phase 1 has a 10% profit target. There are no set profit goals for funded accounts.
• Maximum Daily Loss – The most amount of money a trader may lose in a single trading day without violating their account. Once financed, the maximum daily loss for all account sizes is 4% in phase two and 5% in phase one. (Adjustable to 8% scale)
• Maximum Loss – The most amount that a trader can lose in total without violating the terms of the account. The maximum loss for phase one and phase two is 10% and 8%, respectively, for all account sizes. (Scaleable up to 14%)
• Minimum Profitable Trading Days – Before you may successfully complete an assessment phase, you must fulfill the minimum profitable trading day criteria. A minimum profit of 0.5% must be made in each of the three minimum profitable trading days required for both assessment rounds.
• No News Trading – During high-impact news announcements, trading is not allowed. This means that between the three minutes prior to and following the revelation of specific news, it is not permitted to execute new transactions or close existing deals on the designated instrument. (Only on accounts that are financed.)

VIP Program Two-step Challenge & Two-step Max Challenge

MyFundedFX’s Traders may handle account sizes ranging from $5,000 to $300,000 with the One-step Challenge. During a one-step review phase, the goal is to find successful, disciplined traders who can effectively manage risk. Leverage trading is permitted up to 1:30 in the One-step Challenge.

Account Size	Price
$5,000	$50
$10,000	$100
$25,000	$200
$50,000	$300
$100,000	$500
$200,000	$950
$300,000	$1,399

In the evaluation phase, a trader has to hit a profit target of 10% without breaching the 4% maximum daily loss or the 6% maximum trailing loss rules. As far as time constraints are concerned, you should note that you have no maximum trading day requirements during the evaluation phase. However, you have to have at least 3 profitable trading days, and each of these has to have at least a minimum profit of 0.5% to proceed into funded status.

By passing the evaluation phase, you are given a funded account, but no minimum withdrawal requirements apply. You are only required to respect the 4% maximum daily loss and 6% maximum trailing loss rules. The first payout will be 7 calendar days from the date you place your first position on your funded account, and all other withdrawals can also be submitted weekly. Your profit split will be 80% up to 92.75% based on the profit you make on your funded account.

One-step Challenge Scaling Plan

There is a scaling strategy for the One-step Challenge as well. An account size increase of 25% of the original account size will be granted to traders who have made money in the past three months with an average return of 12% during that time.

For instance, an eligible $100,000 account grows to $125,000 after three months.

1. An eligible $125,000 account grows to $150,000 after the next three months.
2. An eligible $150,000 account rises to $175,000 after the next three months.

One-step Challenge Trading Rules & Objectives

• Profit Target – Traders must make a designated profit percentage in order to successfully complete an evaluation phase, withdraw profits, or expand their trading account. The profit target for the evaluation phase is 10%. Funded accounts have no defined profit targets.
• Maximum Daily Loss – The maximum loss allowed for a trader in one trading day without breaking the account. All account sizes have a maximum daily loss of 4%. (Scaleable up to 6%)
• Maximum Trailing Loss – The difference between the highest account balance ever achieved and the lowest point of the drawdown is how the maximum trailing loss of a trader is defined – what he is allowed to lose without breaking the account. All account sizes have a maximum trailing loss of 6% (Scaleable up to 12%). Once a profit of 6% based on your initial account size is achieved, the maximum trailing loss limit is set at the starting account balance. So if you are managing a $100,000 account, your drawdown will be set at $100,000. Going below that mark will result in a breach.
• Minimum Profitable Trading Days – The minimum profitable trading day requirement you need to achieve before you can successfully end an evaluation phase. An evaluation phase has a 3 minimum profitable trading day requirement, and each has to consist of a minimum profit of 0.5%.
• No News Trading – Trading is not allowed during significant news releases. This means that entering new trades or closing open trades on the security of interest is forbidden within the 3-minute window of both leading up to and after the release of specific news. (Only on funded accounts)

VIP Program (One-step Challenge)

One-step Max Challenge

MyFundedFX’s Traders may handle account amounts ranging from $5,000 to $200,000 with the One-step Max Challenge. During a one-step review phase, the goal is to find successful, disciplined traders who can effectively manage risk. You can trade with leverage up to 1:30 when you participate in the One-step Max Challenge.

Account Size	Price
$5,000	$42
$10,000	$80
$25,000	$170
$50,000	$240
$100,000	$399
$200,000	$799

During the review phase, a trader must hit an 8% profit objective without going over their 8% maximum loss guidelines or 2% maximum daily loss (soft breach). Regarding time constraints, keep in mind that during phase one, there are no minimum or maximum trading day limits. You are limited to a daily increase of 2%, though. You simply need to meet the 8% profit goal without going over the maximum loss limit guidelines in order to go on to funded status.

You are given a funded account with no minimum withdrawal limitations after passing the evaluation process. Only the 4% daily loss cap and the 8% maximum loss cap must be adhered to. Furthermore, you are subject to a daily gain cap of 2%.

If you make a profit on the first day, you can get your first payment; otherwise, you can request withdrawals whenever you like. Depending on how much money you generate on your funded account, you will receive an 80% profit share.

One-step Max Challenge Scaling Plan

There is also a scaling strategy for the One-step Max Challenge. An account size increase of 25% of the original account size will be granted to traders who have made money in the past three months with an average return of 12% during that time.

For instance, an eligible $100,000 account grows to $125,000 after three months.

1. An eligible $125,000 account grows to $150,000 after the next three months.
2. An eligible $150,000 account rises to $175,000 after the next three months.

One-step Max Challenge Trading Rules & Objectives

• Profit Target – To successfully complete an assessment phase, withdraw winnings, or scale their trading account, traders must reach a specified profit %. The assessment phase’s profit goal is 8%. There are no set profit goals for funded accounts.
• Maximum Daily Loss – The most amount of money a trader may lose in a single trading day without violating their account. The daily maximum loss for all account sizes is 2%. (Soft Breach: the trader can resume trading the following trading day if they are impacted)
• Maximum Loss – The most amount that a trader can lose in total without violating the terms of the account. The maximum loss for all account sizes is 8%.
• No News Trading – During high-impact news announcements, trading is not allowed. This means that between the three minutes prior to and following the revelation of specific news, it is not permitted to execute new transactions or close existing deals on the designated instrument. (Only on accounts that are financed.)

MyFundedFX’s Traders may handle account sizes ranging from $10,000 to $300,000 with the Three-step Challenge. Finding skilled traders who can effectively manage risk during the three-step assessment process and turn a profit is the goal. You can trade with up to 1:30 leverage when using the Three-step Challenge.

Account Size	Price
$10,000	$70
$25,000	$150
$50,000	$225
$100,000	$375
$200,000	$570
$300,000	$900

In the first evaluation phase, a trader must hit a 6% profit objective without going over their 4% daily loss or 8% maximum loss limits. Regarding time constraints, keep in mind that during phase one, there are no minimum or maximum trading day limits. You simply need to meet the 6% profit goal without going over the maximum daily or maximum loss limit guidelines in order to go on to phase two.

In the second evaluation phase, a trader must hit a 6% profit objective without going over their 4% daily loss or 8% maximum loss limits. Regarding time constraints, keep in mind that during phase two, there are no minimum or maximum trading day limits. Phase three can only be reached by You simply need to meet the 6% profit goal without going over the maximum daily or maximum loss limit guidelines in order to go on to phase three.

A trader must also meet a 6% profit objective during evaluation phase three without going over their 4% daily loss or 8% maximum loss guidelines. Regarding time constraints, keep in mind that during phase three, there are no minimum or maximum trading day limits. You just need to meet the 6% profit goal without going over the maximum daily or maximum loss limit guidelines in order to go on to funded status.

You are given a funded account with no minimum withdrawal limitations after your completion of all three evaluation processes. Only the 4% daily loss cap and the 8% maximum loss cap must be adhered to. You have five calendar days from the day you put your first position on your funded account to get your first payment, and you have five days to make any additional withdrawals. Depending on how much money you generate on your funded account, you will receive an 80% profit share.

Three-step Challenge Scaling Plan

There is a scaling strategy for the Three-step Challenge as well. An account size increase of 25% of the original account size will be granted to traders who have made money in the past three months with an average return of 12% during that time.

For instance, an eligible $100,000 account grows to $125,000 after three months.

1. An eligible $125,000 account grows to $150,000 after the next three months.
2. An eligible $150,000 account rises to $175,000 after the next three months.

Three-step Challenge Trading Rules & Objectives

• Profit Target – To successfully complete an assessment phase, withdraw winnings, or scale their trading account, traders must reach a specified profit %. 6% is the profit goal for each of the three assessment stages. There are no set profit goals for funded accounts.
• Maximum Daily Loss – The most amount of money a trader may lose in a single trading day without violating their account. The maximum daily loss for all account sizes is 4%.
• Maximum Loss – The most amount that a trader can lose in total without violating the terms of the account. The maximum loss for all account sizes is 8%.

MyFundedFX differs from most industry-leading prop firms because they offer five different types of accounts: two two-step challenges, two one-step challenges, and a three-step challenge. They also offer many other positive features, including drawdown scaling, unlimited trading period, no minimum trading day requirements (except One-step Max Challenge and Three-step Challenge), first withdrawal after only 7 days, 5 days, or even on-demand, and weekly, 5-day, or on-demand future payouts, depending on the challenge.

MyFundedFX‘s Two-step Challenge is a two-step evaluation whereby traders must complete both steps successfully to qualify for payments. In the first step, your profit target is 8% and in the second one, it’s 5%. There is a 5% maximum daily loss rule, and an 8% maximum loss rule as well. Lastly, you don’t have any maximum trading day rules in both phases of evaluation. However, you need at least 3 profitable days of trading with each trading day having a minimum of 0.5% in profit during every evaluation stage. The Two-step Challenge further has a special scaling plan that allows the trader to handle even bigger account sizes. It can be said that the Two-step Challenge differs from other funding programs in the market because of its drawdown scaling feature, unlimited trading period, first withdrawal after only 7 calendar days, and weekly future payouts.

Example of comparison between MyFundedFX & Smart Prop Trader

Trading Objectives	MyFundedFX	Smart Prop Trader (Standard)
Phase 1 Profit Target	8%	7%
Phase 2 Profit Target	5%	5%
Maximum Daily Loss	5% (Scaleable up to 8%)	4%
Maximum Loss	8% (Scaleable up to 14%)	8% (Scaleable up to 28%)
Minimum Trading Days	3 Profitable Days	No Minimum Trading Days
Maximum Trading Period	Phase 1: UnlimitedPhase 2: Unlimited	Phase 1: UnlimitedPhase 2: Unlimited
Profit Split	80% up to 92.75%	75% up to 95%

Example of comparison between MyFundedFX & Blue Guardian

Trading Objectives	MyFundedFX	Blue Guardian (Unlimited)
Phase 1 Profit Target	8%	8%
Phase 2 Profit Target	5%	4%
Maximum Daily Loss	5% (Scaleable up to 8%)	4%
Maximum Loss	8% (Scaleable up to 14%)	8%
Minimum Trading Days	3 Profitable Days	3 Calendar Days
Maximum Trading Period	Phase 1: UnlimitedPhase 2: Unlimited	Phase 1: UnlimitedPhase 2: Unlimited
Profit Split	80% up to 92.75%	85%

Example of comparison between MyFundedFX & Fintokei

Trading Objectives	MyFundedFX	Fintokei
Phase 1 Profit Target	8%	8%
Phase 2 Profit Target	5%	5%
Maximum Daily Loss	5% (Scaleable up to 8%)	5%
Maximum Loss	8% (Scaleable up to 14%)	10%
Minimum Trading Days	3 Profitable Days	3 Calendar Days
Maximum Trading Period	Phase 1: UnlimitedPhase 2: Unlimited	Phase 1: UnlimitedPhase 2: Unlimited
Profit Split	80% up to 92.75%	80% up to 95%

MyFundedFX’s Before traders are eligible for payments, they must complete two steps of the Two-step Max Challenge examination. With a 5% daily maximum and 10% maximum loss rule in phase one and a 4% maximum daily and 8% maximum loss rule in phase two, once financed, the profit objective is 10% in phase one and 5% in phase two. Additionally, you are exempt from the maximum trading day limitations for both evaluation rounds. Nonetheless, you must have at least three profitable trading days, with each assessment step requiring a minimum profit of 0.5%. Additionally, the Two-step Max Challenge offers a special scaling strategy that enables traders to handle increasingly bigger account amounts.  The drawdown scaling feature, an infinite trading time, the initial withdrawal after just seven calendar days, and weekly future rewards are the major features that set the Two-step Max Challenge apart from other financing programs in the business.

Example of comparison between MyFundedFX & Funding Pips

Trading Objectives	MyFundedFX	Funding Pips
Phase 1 Profit Target	10%	8%
Phase 2 Profit Target	5%	5%
Maximum Daily Loss	5% in Phase 14% in Phase 2 & Once Funded(Scaleable up to 8%)	5% (Scaleable up to 7%)
Maximum Loss	10% in Phase 18% in Phase 2 & Once Funded(Scaleable up to 14%)	10% (Scaleable up to 14%)
Minimum Trading Days	3 Profitable Days	3 Calendar Days
Maximum Trading Period	Phase 1: UnlimitedPhase 2: Unlimited	Phase 1: UnlimitedPhase 2: Unlimited
Profit Split	80% up to 92.75%	60% up to 100% + Monthly Salary

Example of comparison between MyFundedFX & FXIFY

Trading Objectives	MyFundedFX	FXIFY
Phase 1 Profit Target	10%	10%
Phase 2 Profit Target	5%	5%
Maximum Daily Loss	5% in Phase 14% in Phase 2 & Once Funded(Scaleable up to 8%)	5%
Maximum Loss	10% in Phase 18% in Phase 2 & Once Funded(Scaleable up to 14%)	10%
Minimum Trading Days	3 Profitable Days	5 Calendar Days
Maximum Trading Period	Phase 1: UnlimitedPhase 2: Unlimited	Phase 1: UnlimitedPhase 2: Unlimited
Profit Split	80% up to 92.75%	75% up to 90%

Example of comparison between MyFundedFX & FundedNext

Trading Objectives	MyFundedFX	FundedNext (Two-step Stellar)
Phase 1 Profit Target	10%	8%
Phase 2 Profit Target	5%	5%
Maximum Daily Loss	5% in Phase 14% in Phase 2 & Once Funded(Scaleable up to 8%)	5%
Maximum Loss	10% in Phase 18% in Phase 2 & Once Funded(Scaleable up to 14%)	10%
Minimum Trading Days	3 Profitable Days	5 Calendar Days
Maximum Trading Period	Phase 1: UnlimitedPhase 2: Unlimited	Phase 1: UnlimitedPhase 2: Unlimited
Profit Split	80% up to 92.75%	80% up to 95%

MyFundedFX’s to be eligible for payments, traders must successfully finish a single phase of the One-step Challenge assessment. With a daily maximum of 4% and a maximum trailing loss of 6%, the profit objective is 10%. Additionally, during the assessment period, there are no maximum trading day limitations. However, you must have at least three profitable trading days, with each day’s profit during the assessment period being at least 0.5%. Additionally, the One-step Challenge offers a special scaling strategy that enables traders to handle increasingly bigger account sizes. The One-step Challenge distinguishes itself from other industry financing programs primarily due to its drawdown scaling function, limitless trading time, first withdrawal after just seven calendar days, and weekly future payouts.

Example of comparison between MyFundedFX & Funded Trading Plus

Trading Objectives	MyFundedFX	Funded Trading Plus
Profit Target	10%	10%
Maximum Daily Loss	4% (Scaleable up to 6%)	4%
Maximum Loss	6% (Trailing)(Scaleable up to 12%)	6% (Trailing)
Minimum Trading Days	3 Profitable Days	No Minimum Trading Days
Maximum Trading Period	Unlimited	Unlimited
Profit Split	80% up to 92.75%	80% up to 100%

Example of comparison between MyFundedFX & PipFarm

Trading Objectives	MyFundedFX	PipFarm (Trailing)
Profit Target	10%	12%
Maximum Daily Loss	4% (Scaleable up to 6%)	3%
Maximum Loss	6% (Trailing)(Scaleable up to 12%)	12% (Trailing)
Minimum Trading Days	3 Profitable Days	3 Calendar Days
Maximum Trading Period	Unlimited	Unlimited
Profit Split	80% up to 92.75%	70% up to 95%

Example of comparison between MyFundedFX & Goat Funded Trader

Trading Objectives	MyFundedFX	Goat Funded Trader
Profit Target	10%	10%
Maximum Daily Loss	4% (Scaleable up to 6%)	4%
Maximum Loss	6% (Trailing)(Scaleable up to 12%)	6%
Minimum Trading Days	3 Profitable Days	No Minimum Trading Days
Maximum Trading Period	Unlimited	Unlimited
Profit Split	80% up to 92.75%	75% up to 95%

MyFundedFX’s In order to be eligible for payments, traders must successfully finish a single phase of the One-step Max Challenge evaluation. With a daily maximum of 2% (Soft Breach) and a maximum loss of 8%, the profit aim is 8%. Additionally, during the assessment period, there are no minimum or maximum trading day limitations. You are limited to a daily increase of 2%, though. Additionally, the One-step Max Challenge offers a special scaling strategy that enables traders to handle increasingly bigger account amounts. A first withdrawal from day one after reaching funded status, an unlimited trading time, no minimum trading day criteria, and on-demand future rewards are the major features that set the One-step Max Challenge apart from other financing programs in the business.

Example of comparison between MyFundedFX & Blue Guardian

Trading Objectives	MyFundedFX	Blue Guardian
Profit Target	8%	10%
Maximum Daily Loss	2% (Soft Breach)	4%
Maximum Loss	8%	6% (Trailing)
Minimum Trading Days	No Minimum Trading Days	3 Calendar Days
Maximum Trading Period	Unlimited	Unlimited
Profit Split	80%	85%

Example of comparison between MyFundedFX & FTUK

Trading Objectives	MyFundedFX	FTUK
Profit Target	8%	10%
Maximum Daily Loss	2% (Soft Breach)	4%
Maximum Loss	8%	8% (Trailing)
Minimum Trading Days	No Minimum Trading Days	4 Calendar Days
Maximum Trading Period	Unlimited	Unlimited
Profit Split	80%	50% up to 80%

Example of comparison between MyFundedFX & PipFarm

Trading Objectives	MyFundedFX	PipFarm (Static)
Profit Target	8%	12%
Maximum Daily Loss	2% (Soft Breach)	3%
Maximum Loss	8%	6%
Minimum Trading Days	No Minimum Trading Days	3 Calendar Days
Maximum Trading Period	Unlimited	Unlimited
Profit Split	80%	70% up to 90%

MyFundedFX’s Before traders are eligible for payments, they must complete three steps of the Three-step Challenge examination. The objective profit is 6%, with a daily maximum of 4% and a maximum loss of 8% for each of the three assessment stages. Additionally, during all three review rounds, there are no minimum or maximum trading day criteria. Additionally, the Three-step Challenge offers a special scaling strategy that enables traders to handle increasingly bigger account sizes. The Three-step Challenge is unique among industry financing schemes because of its limitless trading term, lack of minimum trading day criteria, initial withdrawal after just five calendar days, and future payouts on a five-day basis.

Example of comparison between MyFundedFX & The Funded Trader

Trading Objectives	MyFundedFX	The Funded Trader
Phase 1 Profit Target	6%	8%
Phase 2 Profit Target	6%	5%
Phase 3 Profit Target	6%	5%
Maximum Daily Loss	4%	5%
Maximum Loss	8%	10%
Minimum Trading Days	No Minimum Trading Days	No Minimum Trading Days
Maximum Trading Period	Phase 1: UnlimitedPhase 2: UnlimitedPhase 3: Unlimited	Phase 1: UnlimitedPhase 2: UnlimitedPhase 3: Unlimited
Profit Split	80%	75% up to 95%

Example of comparison between MyFundedFX & E8 Markets

Trading Objectives	MyFundedFX	E8 Markets
Phase 1 Profit Target	6%	8%
Phase 2 Profit Target	6%	4%
Phase 3 Profit Target	6%	4%
Maximum Daily Loss	4%	4%
Maximum Loss	8%	8% (Scaleable up to 14%)
Minimum Trading Days	No Minimum Trading Days	No Minimum Trading Days
Maximum Trading Period	Phase 1: UnlimitedPhase 2: UnlimitedPhase 3: Unlimited	Phase 1: UnlimitedPhase 2: UnlimitedPhase 3: Unlimited
Profit Split	80%	80%

Example of comparison between MyFundedFX & RebelsFunding

Trading Objectives	MyFundedFX	RebelsFunding
Phase 1 Profit Target	6%	5%
Phase 2 Profit Target	6%	5%
Phase 3 Profit Target	6%	5%
Maximum Daily Loss	4%	5%
Maximum Loss	8%	10%
Minimum Trading Days	No Minimum Trading Days	No Minimum Trading Days (5 Minimum Trades)
Maximum Trading Period	Phase 1: UnlimitedPhase 2: UnlimitedPhase 3: Unlimited	Phase 1: UnlimitedPhase 2: UnlimitedPhase 3: Unlimited
Profit Split	80%	80% up to 90%

In conclusion, MyFundedFX differs from other industry-leading prop firms by providing a three-step evaluation, two two-step evaluations, two one-step evaluations, and five distinct account kinds. Withdrawdown scaling, an infinite trading period, no minimum trading day requirements (apart from the One-step Max Challenge and Three-step Challenge), a first withdrawal after just seven, five, or even on-demand, and weekly, five-day, or on-demand future payouts, depending on the challenge, are just a few of their many advantageous features.

When looking at proprietary trading companies that fit your forex trading style, it’s critical to assess how achievable the trading needs are. If a business demands large monthly earnings with low maximum drawdown percentages, it becomes less feasible and less likely to succeed, even if it may seem appealing with a high % profit share on a well-filled account. It’s also important to look at time limits; an unlimited trading period is better because it removes the pressure that comes with time constraints. To reduce the possibility of inadvertently breaking the conditions of your trading account, you must familiarize yourself with all trading regulations both during the assessment phase and the ensuing financing phases.

• Receiving capital from the Two-step Challenge is plausible mainly because of its modest profit expectations (8% in phase one and 5% in phase two) alongside slightly below-average maximum loss rules (5% maximum daily, scaleable up to 8% and 8% maximum loss, scaleable up to 14%). Note that you do not have a maximum trading day requirement, but you must have a minimum of 3 profitable trading day requirements in both the evaluation phases. In addition, when you complete both phases of the evaluation successfully, you become eligible for payouts that carry an advantageous profit split from 80% to 92.75%.
• Receiving capital from the Two-step Max Challenge is plausible mainly because of its middle-of-the-range profit expectations (10% in stage one and 5% in stage two) along with a bit less than average maximum loss rules (5% maximum daily and 10% maximum loss in stage one and 4% maximum daily and 8% maximum loss in stage two and once funded). Important: you have no required trading days in maximum, but instead have a minimum of 3 profitable trading days in two phases of evaluation. In case of successful completion of both phases, you get payouts with such a good profit split – up to 92.75% and on an advantageous basis of 80%.
• Receiving capital from the One-step Challenge is realistic only because of its average profit target of 10% coupled with average maximum loss rules (4% maximum daily, scaleable up to 6% and 6% maximum trailing loss, scaleable up to 12%). You also have no maximum trading day requirements, but do have a minimum of 3 profitable trading day requirements in the evaluation phase. In addition, following the evaluation phase, participants are eligible for payouts with an attractive profit split of 80% to 92.75%.
• Receiving capital from the One-step Max Challenge is achievable mainly because of its somewhat below-average profit target of 8% coupled with average maximum loss rules (2% maximum daily (soft breach) and 8% maximum loss). There are no minimum or maximum trading day requirements. You do have a maximum daily gain limitation of 2%. In addition, after passing the evaluation stage, participants are eligible for payouts with an advantageous return on investment of 80%.
• Receiving capital from the Three-step Challenge is realistic mainly because of its relatively modest profit targets, despite the additional evaluation phase (6% in all three evaluation phases) coupled with slightly below-average maximum loss rules (4% maximum daily and 8% maximum loss). It’s worth mentioning that there is no minimum or maximum requirement for trading days; hence, it has flexibility without being confined to time, such that you can raise the funds quickly within a day or trade as often as you like. On passing all three levels of evaluation, participants get paid with an excellent profit split of 80%.

After considering all the factors, MyFundedFX is strongly advised since it offers five distinct financing programs, two two-step assessments, two one-step evaluations, and a three-step evaluation. All of these programs have realistic trading goals and requirements for reward eligibility.

MyFundedFX is a June 2022-incorporated proprietary trading company. They have a sizable trading community that has attained funded status and is eligible for a profit split.

While working with MyFundedFX You will be eligible for your first reimbursement after seven calendar days of completing the Two-step Challenge, Two-step Max Challenge, or One-step Challenge and achieving funded status. However, if you surpass your initial account amount every seven calendar days following your initial payout, you will also be eligible for rewards. Depending on the profit you have made on your funded account, your profit share will range from a generous 80% to 92.75%.

However, while working with MyFundedFX you will be able to get your first reward on day one if you are successful in making a profit and achieving funded status with the One-step Max Challenge. However, if you surpass the original account amount on demand after your first payout, you will also be eligible for payouts. Based on the profit you have made on your funded account, you will receive a hefty 80% profit share.

And lastly, while working with MyFundedFX and completing the Three-step Challenge to gain funded status, you will be qualified for your first reward in just five calendar days. However, if you surpass the original account amount every five calendar days following your initial payout, you will also be eligible for rewards. Based on the profit you have made on your funded account, you will receive a hefty 80% profit share.

When it comes to MyFundedFX payment proof, you can find it on numerous websites. One example is Trustpilot, where their traders share their thoughts on their time working for the firm and the successful payment procedure they went through. An additional source of evidence of payment for MyFundedFX is their Discord and YouTube channels, where you can find numerous payout certificates of the most successful traders.

Examples of Payout Certificates and Payment Proof can be seen in the images below.

MyFundedFX is partnered with Purple Trading Seychelles and Quality FX Ltd as their broker.

Purple Trading Seychelles wants to become more than a broker. In addition to offering advanced technology and advantageous trading circumstances, their main goal is to build a relationship in which you see them as an equal partner. They are adamant that this strategy is the secret to success in the ever-changing financial markets. Find out more about Purple Trading Seychelles by reading our in-depth Review.

As for trading platforms, while you are working with MyFundedFX, they allow you to trade on cTrader if you choose Purple Trading Seychelles and MetaTrader 5 if you choose Quality FX Ltd. Additionally, traders are also provided with an option to choose Match-Trader.

As mentioned above, MyFundedFX is partnered with Purple Trading Seychelles and Depending on the trading instrument you are using and the challenge you are taking part in, Quality FX Ltd. lets you trade a variety of trading instruments, such as currency pairs, commodities, indices, and cryptocurrencies, with leverage of up to 1:100.

Purple Trading Seychelles Forex Pairs

AUD/CAD	AUD/CHF	AUD/JPY	AUD/USD	CAD/CHF	CAD/JPY
CHF/JPY	EUR/AUD	EUR/CAD	EUR/CHF	EUR/GBP	EUR/JPY
EUR/USD	GBP/AUD	GBP/CAD	GBP/CHF	GBP/JPY	GBP/USD
USD/CAD	USD/CHF	USD/JPY	AUD/CNH	AUD/NZD	CAD/SGD
ERU/HUF	EUR/NOK	EUR/NZD	EUR/SEK	EUR/TRY	GBP/NZD
NZD/CAD	NZD/CHF	NZD/JPY	NZD/SGD	NZD/USD	SGD/JPY
USD/CNH	USD/HKD	USD/HUF	USD/MXN	USD/NOK	USD/PLN
USD/SEK	USD/SGD	USD/TRY	USD/ZAR

Purple Trading Seychelles Commodities

XAG/USD	XAU/AUD	XAU/CNH	XAU/EUR	XAU/GBP
XAU/SGD	XAU/USD	XPT/USD	UKBRENT	USWTI

Purple Trading Seychelles Indices

AU200	DJ30	FR40	GER30	JP225
NAS100	SP500	STOXX50	UK100	CHINAH
HK50	NETH25	USDIndex	VIXIndex

Purple Trading Seychelles Cryptocurrencies

ADA/USD	BCH/USD	BTC/USD	DOT/USD	EOS/USD
ETH/USD	LNK/USD	LTC/USD	XLM/USD	XRP/USD

Quality FX Forex Pairs

EUR/CAD	CAD/JPY	CHF/JPY	EUR/CHF	EUR/GBP	EUR/JPY
EUR/USD	GBP/CAD	GBP/CHF	GBP/JPY	GBP/USD	USD/CAD
USD/CHF	USD/JPY	AUD/CAD	AUD/CHF	AUD/JPY	AUD/NZD
AUD/USD	CAD/CHF	EUR/AUD	EUR/NOK	EUR/NZD	EUR/SEK
EUR/SGD	GBP/AUD	GBP/NZD	NZD/CAD	NZD/CHF	NZD/JPY
NZD/USD	USD/NOK	USD/SEK	USD/SGD	EUR/HUF	USD/BRL
USD/CNH	USD/HUF	USD/MXN	USD/TRY	USD/ZAR	EUR/CZK
EUR/PLN	EUR/ZAR	GBP/ZAR	EUR/TRY

Quality FX Commodities

XAU/USD

XAU/EUR

XAG/USD

WTI

BRENT

Quality FX Indices

AUS200	ESTX50	FRA40	GER40	UK100
JPN225	NAS100	SPX500	US30	CHINA50
HK50	SPAIN35	USDINDEX	VIX	US2000
TAIEX

Quality FX Cryptocurrencies

BTC/USD

ETH/USD

LTC/USD

BCH/USD

Trading Commission

Trading Instrument	Commission Fee
FOREX	7 USD / LOT
COMMODITIES	7 USD / LOT
INDICES	0 USD / LOT
CRYPTO	0 USD / LOT

Spread Account

Platform	Server	Login Number	Password	Download Platform
cTrader	–	–	–	Click here
Match-Trader	–	–	–	Click here
MetaTrader 5	–	–	–	Click here

MyFundedFX offers its community a comprehensive blog with instructive material in 16 categories, including:

• Technical Evaluation
• Indicators of Trading
• Mental Health Algorithms
• Technology Scaling Risk Control
• Market Analysis Techniques
• Broker
• Diversification
• Volatility
• Leverage
• Financial Education
• Entrepreneurship
• Analysis

Additionally, we can also find a Success Stories segment, which features instructive conversations with the top traders using MyFundedFX.

Last but not least, MyFundedFX offers a sophisticated trader dashboard to all of its clients. By providing constant access to comprehensive data and goals and guaranteeing real-time updates every minute of the day, this feature enhances risk management. This improvement makes a substantial contribution to a better user experience overall.

MyFundedFX has gathered a great score on Trustpilot based on their community’s feedback.

On Trustpilot, MyFundedFX has received good comments and reviews about their company’s services from a wide range of their community. From a sizable pool of 1,791 evaluations, the company has earned an outstanding rating of 4.2 out of 5. Interestingly, 82% of these evaluations have given MyFundedFX the highest rating of 5 stars.

The consumer had a good experience with MyFundedFX‘s customer care, according to the initial feedback. They used the webchat option to ask for help, and an agent quickly and effectively answered their question in a matter of seconds. The user expresses sincere gratitude for the prompt and efficient service and praises Jae for being really kind, amiable, and helpful.

MyFundedFX has drawn the attention of several traders, including this client, because of its remarkable transparency. Its popularity in the trading community is influenced by the lack of unstated costs and regulations, quick payouts, first-rate customer support, and reasonably priced evaluation accounts.

MyFundedFX can also be found on numerous social media platforms.

Twitter	115,100 Followers
Discord	113,617 Members
YouTube	27,900 Subscribers
Facebook	32,100 Members
Telegram	7,785 Members
Instagram	41,000 Followers
TikTok	448 Followers & 619 Likes

Live Chat	✅
Email	[email protected]
Phone	❌
Discord	Discord Link
Telegram	Telegram Link
FAQ	FAQ Link
Help Center	❌
WhatsApp	❌
Messenger	❌
Supported Languages	English

• Registration Form – Register with MyFundedFX by entering your personal information on the registration form and then accessing the trading dashboard.

• Choose Your Account – Select the trading platform, broker, add-ons, account size, and account type.

• Choose Your Payment Method – Choose between a credit/debit card, cryptocurrency, and PayPal payment methods.

• Receive Login Credentials – Payment options include PayPal, cryptocurrencies, and credit/debit cards.

In conclusion, MyFundedFX is a proprietary trading firm that is reputable and trustworthy, offering traders an opportunity to choose between five funding programs: the Two-step Challenge and Two-step Max Challenge, which are two-step evaluations, the One-step Challenge and One-step Max Challenge, which are one-step evaluations, and the Three-step Challenge, which is a three-step evaluation.

The MyFundedFX Two-step Challenge is an industry-standard two-step evaluation that needs to be completed in two phases to qualify for the management of a funded account and up to 80% to 92.75% profit splits. The profit targets in phase one are 8% and 5% in phase two, which makes them attainable since you are allowed a maximum of 5% loss per day and a maximum of 8% loss overall. As for time limits, you have no maximum trading day requirements in either evaluation phase. However, you are required to have at least 3 profitable trading days in each evaluation phase. Finally, it’s important to note that the Two-step Challenge features a scaling plan, giving you the chance to raise your initial account balance.

MyFundedFX‘s Two-step Max Challenge is the industry standard two-step evaluation that demands two phases be completed before a trader becomes eligible to manage a funded account and start earning 80% up to 92.75% profit splits. To become successfully funded, the traders need to reach a profit target of 10% in phase one and 5% in phase two. These are realizable trading goals, giving you a 5% max daily and 10% max loss rules to comply with in phase one, and a 4% max daily and 8% max loss rules to comply with in phase 2 and when you’re funded. For time bounds, you have no limit on the number of trading days in either evaluation phase. However, you must have at least 3 profitable trading days in each evaluation phase. Last but not least, it’s important to note that the Two-step Max Challenge has a scaling plan, giving you the opportunity to scale up your initial account balance.

MyFundedFX‘s One-step Challenge is a one-step evaluation where you have to complete a single phase before you qualify to manage a funded account and enjoy 80% up to 92.75% profit splits. You need to achieve a profit target of 10% before you are successfully funded. These are achievable trading targets considering that you have rules of maximum 4% daily and 6% trailing loss. Regarding time limitations, you have no maximum trading day requirements during phase one. However, you are required to have a minimum of 3 profitable trading days during the evaluation phase. Finally, it’s essential to note that the One-step Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.

MyFundedFX‘s One-step Max Challenge is a one-step evaluation that requires you to complete one phase before becoming qualified to manage a funded account and enjoy 80% profit splits. You need to reach 8% profit to become funded successfully. These are reachable trading goals considering you have implemented a 2% daily maximum loss rule with ‘Soft breach’ and up to 8% maximum loss to adhere to. With regard to time constraints, there are no minimal or maximum trading days during evaluation periods. You have only a 2% maximum day gain. Last but not least, it’s worth pointing out that One-step Max Challenge offers a scaling plan, meaning you can use it to double your base account balance.

MyFundedFX Three-step Challenge is a three-step evaluation which must be completed before being qualified to trade with a funded account and 80% profit shares. You need to reach 6% in profit targets for each evaluation phase to become successfully funded. These are achievable trading targets given you have a 4% maximum daily and 8% maximum loss rules. Regarding time constraints, there are no minimum or maximum trading day requirements during all three test phases; therefore, you can trade at your own speed without being under any kind of pressure. Lastly, keep in mind that the Three-step Challenge contains a scaling plan so you can raise the initial amount in your account.

I would recommend MyFundedFX to people looking for a reputable proprietary trading firm that offers great trading conditions for all kinds of different people with unique trading styles. They offer traders such special features as drawdown scaling, unlimited trading time, no minimum trading day, first withdrawal after only 7 or 14 calendar days, and weekly or bi-weekly future payouts according to the challenge. After considering everything MyFundedFX has to offer to traders all across the globe, they can undoubtedly be regarded as one of the industry-leading prop firms.

What are your individual opinions on MyFundedFX and the services they offer?
Do they align with the trading conditions and services you’ve been seeking?

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