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MyFunded FX
Trusted by 33 Users |
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| Establish: | 4 |
| CEO: | Matthew Leech |
| Country: | NA |
| Platform: | MT5, cTrader, Match Trader |
MyFunded FX Coupon Code
MyFunded FX Review 2025: Profitable Trading Awaits
The Pros & Cons of MyFunded FX
- Access to capital.
- Impressive 80% profit share.
- Affordable entry fees.
- No time limits in the evaluation.
- Adaptable trading rules.
- No hidden rules or lot size restrictions.
- Weekend trading opportunities.
- Diverse account options.
- No daily drawdown limits.
- Scaling plans available.
- Real-time payouts.
- Competitive leverage options.
- No minimum trading days requirement.
- Focus on profitability.
- Potential challenges with the evaluation process.
- No trading in certain markets.
Propfirm Details Information
| Overview | |
| Name | MyFunded FX |
| CEO | Matthew Leech |
| Backed by | MyFunded Solutions, LLC |
| Account Size | Up to $300,000 |
| Account Scale | Up to $400K |
| Profit Splits | Up to 80% |
| Broker-backed | No |
| US Trader | Allowed |
| Trading Requirements | |
| Minimum Trading Days | 1 day |
| Max Loss Limit | Up to 4% |
| Payout Frequency | 14 days |
| Payout Cycle | Bi-weekly |
| Own Proprietary Platform | No |
| Trading Conditions | |
| Platforms | MetaTrader 5 (MT5), cTrader, MatchTrader, and DXTrade |
| Instruments | Forex, Metals, Commodities, Indices, and Cryptocurrencies |
| Trading Hours | Flexible |
| Restrictions | |
| Copy Trading | Allowed |
| Grid Trading | Allowed |
| Hedging Across Accounts | Not Allowed |
| High-Frequency Trading (HFT) | Not Allowed |
| Account Payout and Allocations | |
| Payout Method | Credit Cards and Cryptocurrencies |
| Account Scaling | Up to 25% |
| Additional Information | |
| Educational Support | Tutorials, Guides, and Blogs |
| Customer Support | 24/7 through live chat & email |
| Geographical Availability | Country Specific |
| Trustpilot Rating | Not Applicable |
What is MyFunded FX?
MyFunded FX is a proprietary trading firm established in 2022 that provides traders with the opportunity to manage substantial capital without using their own money. The firm offers funding options up to $1.5 million, creating an ideal environment for both beginner and experienced traders. With a focus on transparency, no hidden fees, and flexible trading conditions, MyFunded FX empowers traders to thrive in the financial markets.
Key Features of MyFunded FX
MyFunded FX offers a variety of features designed to help traders succeed. Here’s an overview:
Evaluation Challenges
MyFunded FX provides different evaluation challenges to suit various trading styles:
- One-Step Challenge: 10% profit target, 4% daily loss, 6% overall loss, no minimum trading days, and no maximum trading limit.
- Two-Step Challenge: Phase 1: 8% profit target, Phase 2: 5% profit target, 5% daily loss, 10% overall loss, and no minimum trading days.
- Three-Step Challenge: A more gradual evaluation process with flexible targets and risk management rules.
Profit Split and Payouts
Traders can earn up to 80% profit share, with the potential to increase based on performance. Withdrawals are processed quickly, often within hours, ensuring traders have timely access to their earnings.
Leverage Options
MyFunded FX offers competitive leverage options to enhance trading opportunities:
- Up to 1:100 leverage for forex and commodities.
- Up to 1:20 leverage for cryptocurrencies.
No Hidden Fees
MyFunded FX prides itself on transparent pricing, with no hidden fees for account management or withdrawals.
Diverse Trading Instruments
Traders can access a wide range of markets, including forex, commodities, indices, and cryptocurrencies, allowing for diversified trading strategies.
Community and Learning Resources
The firm fosters a strong trading community with over 8,000 members on Discord, where traders can share strategies, learn from each other, and access educational resources.
Unique Features that Set MyFunded FX Apart
MyFunded FX offers unique advantages compared to other prop firms:
- Flexible evaluation challenges with no time limits for profit targets.
- Instant account generation after passing the evaluation.
- High profit sharing of up to 80%, with potential increases based on performance.
- Scaling plans that allow traders to grow their accounts up to $1.5 million.
- Weekend cryptocurrency trading, even when traditional markets are closed.
- Support for advanced trading platforms like CTrader and DX Trade.
Winning Advantages of MyFunded FX
Key benefits include:
- No deadline stress: Unlimited time to meet profit targets.
- Keep more of what you earn: Up to 80% profit share.
- Start small, scale big: Accounts range from $5,000 to $300,000, with scaling up to $1.5 million.
- No hidden surprises: Transparent rules and no hidden fees.
- Weekend crypto trading: Unique opportunity to trade cryptocurrencies over the weekend.
- Supportive community: Over 8,000 traders on Discord for collaboration and learning.
How MyFunded FX Works
Step-by-Step Process
The process is simple and structured:
- Account Sign-Up and Plan Selection: Choose a challenge type and account size.
- Evaluation Process: Trade under set conditions to meet profit targets and risk management rules.
- Getting Funded: Receive a funded account ranging from $5,000 - $300,000 after successfully completing the challenge.
- Account Scaling: Increase account size by demonstrating consistent performance.
Account Types and Pricing Breakdown
MyFunded FX offers various account sizes and challenge types with flexible pricing:
- One-Step Challenge: Starting at $99 for a $10,000 account.
- Two-Step Challenge: Starting at $89 for a $10,000 account.
- Three-Step Challenge: Starting at $79 for a $10,000 account.
Trading Conditions
MyFunded FX supports trading across forex, commodities, indices, and cryptocurrencies. The platform enforces the following drawdown limits:
- Daily Loss Limits: 4% or 5%.
- Total Loss Limit: 10%.
Trading Strategies Allowed
Traders can use various strategies, including scalping, day trading, and swing trading, with no style restrictions.
Challenges and Considerations
While MyFunded FX provides an excellent opportunity, traders must remain disciplined to succeed in the evaluation. Beginners may find the process challenging but rewarding with practice.
Is MyFunded FX Right for You?
MyFunded FX is a great choice for both beginners and experienced traders. With flexible evaluation options, high profit sharing, and a supportive community, it offers a solid platform for growth.
Get Your Hands on the Best MyFunded FX Coupons
Looking for the best deals? Get started with MyFunded FX today and maximize your trading potential!
MyFunded FX Video Review
Frequently Asked Questions (FAQs)
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| Firm | Price | Account Size | Profit Split | Max. Dalily Loss | Max. Total Drawdown | Daily Drawdown Reset Type | Profit Target to Drawdown Ratio | Payout Frequency | Trust Pilot Rating | Established Country | Year In Business | Buy |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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$50.00 |
$5.00K | 80 | 4 | 6.00 | reset | N/A | 2 | 5 | Namibia | 4 |
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$200.00 |
$25.00K | 80 | 4 | 6.00 | reset | N/A | 2 | 5 | Namibia | 4 |
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$300.00 |
$50.00K | 80 | 4 | 6.00 | reset | N/A | 2 | 5 | Namibia | 4 |
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$500.00 |
$100.00K | 80 | 4 | 6.00 | reset | N/A | 2 | 5 | Namibia | 4 |
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$50.00 |
$5.00K | 80 | 5 | 8.00 | reset | N/A | 2 | 5 | Namibia | 4 |
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$100.00 |
$10.00K | 80 | 5 | 8.00 | reset | N/A | 2 | 5 | Namibia | 4 |
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$200.00 |
$25.00K | 80 | 5 | 8.00 | reset | N/A | 2 | 5 | Namibia | 4 |
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$300.00 |
$50.00K | 80 | 5 | 8.00 | reset | N/A | 2 | 5 | Namibia | 4 |
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$500.00 |
$100.00K | 80 | 5 | 8.00 | reset | N/A | 2 | 5 | Namibia | 4 |
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$75.00 |
$10.00K | 80 | 5 | 10.00 | reset | N/A | 4 | 5 | Namibia | 4 |
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$38.00 |
$5.00K | 80 | 5 | 10.00 | reset | N/A | 4 | 5 | Namibia | 4 |
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$140.00 |
$25.00K | 80 | 5 | 10.00 | reset | N/A | 4 | 5 | Namibia | 4 |
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$210.00 |
$50.00K | 80 | 5 | 10.00 | reset | N/A | 4 | 5 | Namibia | 4 |
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$425.00 |
$100.00K | 80 | 5 | 10.00 | reset | N/A | 4 | 5 | Namibia | 4 |
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$70.00 |
$10.00K | 80 | 4 | 8.00 | reset | N/A | 6 | 5 | Namibia | 4 |
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$150.00 |
$25.00K | 80 | 4 | 8.00 | reset | N/A | 6 | 5 | Namibia | 4 |
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$225.00 |
$50.00K | 80 | 4 | 8.00 | reset | N/A | 6 | 5 | Namibia | 4 |
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$375.00 |
$100.00K | 80 | 4 | 8.00 | reset | N/A | 6 | 5 | Namibia | 4 |
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$100.00 |
$10.00K | 80 | 3 | 6.00 | reset | N/A | 2 | 5 | Namibia | 4 |
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MyFunded FX Propfirm Review Details
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