Welcome to the 1 Step Challenge:Fast-Track Your Trading with MyFundedFX

Still having trouble understanding how each challenge works?

We have collected all the information you are interested in in one place so that you can get to know each of them in more detail, get answers to all your questions and understand how the conditions of the challenges work through examples

All3-Step2-Step Pro2-Step1-Step
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1-Step Sim  Account

For confident traders who value their time

There is only one step to receiving MyFundedFX Trader status. The conditions of the challenge do not change and remain stable until the end of the passage. With the right amount of experience, you can start managing a demo account with up to $300,000 in just 24 hours — it’s all up to you

1-Step Sim Account Rules

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Simulated Gain Target
10%
Simulated gain targets are an essential aspect of our trading program at MyFundedFX, providing clear goals for our traders to strive towards. In Phase 1 of the program, the simulated gain target is set at 10% of the starting account balance
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Simulated Drawdown
6% trailing
The Maximum Loss/Max Drawdown/Overall Drawdown rule serves as an account stop-loss mechanism, ensuring virtual capital protection. It is calculated by measuring the difference between your highest recorded balance from closed trades and your current equity. This calculation method differs from that used in 2 Step accounts. The Max Drawdown rule applies consistently throughout all phases, including verification and live sim. In the 1 Step account, your Maximum Drawdown is set at 6%, and it functions as a trailing drawdown that tracks your highest recorded balance until it reaches the starting balance.
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Maximum leverage
100:1
Maximum simulated leverage for Pairs with 1-Step account is 100:1
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Daily Simulated Drawdown
4%
The rule says that at any moment of the day (EE(S)T – Eastern European Summer Time), the daily simulated equity decrease must not hit the predetermined limit. The counting formula: Current daily loss = balance at the start of the day — current equity. Maintaining a controlled level of drawdown is crucial to our trading program at MyFundedFX. In both Step One and Live Sim phases, we have set a daily drawdown limit of 4%. This rule ensures that the daily decrease in equity does not exceed the predetermined limit, providing risk management guidelines for our traders.
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Minimum days
1 day
At MyFundedFX, we have established a minimum requirement for trading days, ensuring that traders actively participate in the market and engage in trading activities. The minimum trading days for each account type and phase is set at 1 day Please note that while the minimum trading day requirement is set at 1 day, we encourage traders to engage in consistent trading activities beyond the minimum requirement to gain valuable experience, refine their strategies, and increase their chances of meeting performance targets.
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Maximum days
Unlimited
Unlimited trading days on all plan types and all phases

1-Step Simple Sim Account Benefits

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Fast

According to the rules, the minimum number of days of trading during the challenge is 1 day, which gives you the opportunity to successfully complete the challenge in at least 1 day

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Simple

One stage, the rules always remain the same throughout the entire challenge. What could be simpler?

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No time limits

There is no limit on the maximum number of trading days on all of our challenges. It gives you complete freedom and does not put pressure on you

1-Step Trading Objectives with Examples

Choose start balance

$5k$10K$25K$50K$100K$200K$300K
Challenges$5k
Simulated Gain Target$500
Minimum Trading Days1 day
Trading PeriodUnlimited
Max Daily Simulated Loss
$200
Overall Simulated Drawdown
$300
Available Simulated Leverage100:1
Challenge Fee
$50
Live$5k
Simulated Gain Split80%
Minimum Calendar Days14 days
Trading PeriodUnlimited
Max Daily Simulated Loss
$200
Overall Simulated Drawdown
$300
Available Simulated Leverage100:1
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Ready to dive in ? Sign up, select your desired challenge sim account and Get Funded!

Frequently Asked Questions
How Drawdown affects Payouts for 1-Step Sim Accounts?
Why 1-step accounts must be untraded to merge?
How VIP program works with 1-Step accounts?
What is Maximum Allocation per Plan?

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