Passed both phases without pressure just stay focused. Love the quick funding and clean UI.
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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MyFunded FX Propfirm Review Details
Jawhar Sa'dun Asghar
AT
Hadi Khoury Atiyeh
GE
The $25K account is perfect for starters. Low risk, simple rules.
Jackson Martindale
CM
Super clean process! No drama, simply pass the trading evaluation and achieve fast pay outs.
Lester Kyser
GR
Evaluation rules were fair, but dashboard was a bit slow at times.
Ricky P. Bean
DE
MyFunded FX is transparent and consistent. I trust them with my trades.
Antonio L. Crandall
AR
Could improve on tech side. Challenge was fine, but MT5 froze once.
Cody Aston
IT
Support could be faster. Took 3 days to respond after I passed the challenge
Galen B. Noll
US
Funded on $50K in two weeks. Easy to follow rules and clear guidelines.
Scott N. Ginn
AU
Fastest payout I’ve had! Passed the $50K challenge and got paid within 48 hours.
Tikhon Aksyonov
NL
Scaling is slow but steady. You need to hit consistent profits and follow the rules, but the firm does reward long-term traders.
Dominique Fedorov
RU
MT4 worked smoothly and spreads were tight. Executions were fast, even during news. A good environment if you’re focused on scalping.
Oliver Morel
HU
Rules were okay, but the platform froze twice during NY session. Support blamed my connection. Not a deal breaker, but frustrating.
Marko Matić
FI
Started with the 10k challenge to test the firm. Rules are fair and payout came as promised. Good for cautious traders starting small.
Alvi Akhtakhanov
CY
1step 50k challenge passed any issue and got my first payout in 4 days. Smooth process overall. No major issues with withdrawal.
Oliver V. Gregersen
DK
MyFundedFX’s $100K 1-phase challenge was smooth and trader-friendly. The evaluation was simple—no hidden rules, and clear profit targets. I got funded fast and received my first payout within days. Highly recommended!
Fábio Ribeiro Alves
BR
MyFundedFX review for traders! I passed the $50K 2-phase challenge and was funded quickly. The targets were reasonable, drawdown rules were fair, and support was always available. A solid option for traders who like structure.
John Birch
BE
MyFundedFX gave me instant access to a $25K live account. No evaluation, no waiting—just straight to trading. The rules are clear, spreads are tight, and the payouts review come fast. Great for experienced traders ready to go live.
Felix M. Jeppesen
CA
$100K Account – Serious Trader Territory With the $100K account, I felt like I stepped into serious trading. The two-phase evaluation was challenging but pushed me to stick to a plan. I loved the scaling opportunity, and the support team was always helpful. The 80% profit split made the grind worthwhile. It really felt like a partnership.
Mercer Massé
IT
$50K Account – Great Balance of Risk and Reward The $50K account hit the sweet spot for me. Not too small, not too big—just enough to allow meaningful trades without overwhelming pressure. The drawdown limit was fair, and I liked the flexibility in trading style. Getting a 75% profit split felt rewarding, especially with fast and smooth payouts.
David White
US
$10K Evaluation Account – Starter Friendly Starting with the $10K account on MyFundedFX was a great way to test the waters. The rules were clear, and I appreciated the one-phase evaluation—it took the pressure off. Even with a smaller account, the experience felt real. I learned a lot about risk control and consistency. Perfect for beginners like me.