Welcome to the 3 Step Challenge:Your Advanced Trading Challenge 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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3-Step Sim  Account

For confident traders who value their time

With a simulated gain target of 6% across all three steps, becoming a funded trader is now easier!

3-Step Sim Account Rules

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Profit Targets
6%
The profit target for all 3 phases is 6%. Profit targets are an essential aspect of our trading program at MyFundedFX, providing clear goals for our traders to strive towards.
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Simulated Drawdown
8%
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. The Max Drawdown rule applies consistently throughout all phases, including verification and live sim. In the 3 Step account, your Maximum Drawdown is set at 8%, 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
50:1
Maximum leverage for Pairs with a 3-Step account is 50:1
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Daily drawdown
4%
The rule says that at any moment of the day (EE(S)T – Eastern European Summer Time), the daily 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

3-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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Easy

The profit target is comparatively lower than that of a one-step or two-step challenge. Achieving this goal is straightforward and entirely attainable.

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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

3-Step Trading Objectives with Examples

Choose start balance

$5k$10K$25K$50K$100K$200K$300K
Challenges$10k
Profit Target$600
Minimum Trading Days1 day
Trading PeriodUnlimited
Max Daily Loss
$400
Overall Drawdown
$800
Available Leverage50:1
Refundable Registration Fee$70
Live$10k
Profit Split80%
Minimum Calendar Days14 days
Trading PeriodUnlimited
Max Daily Loss
$400
Overall Drawdown
$800
Available Leverage50:1
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Ready to dive in ? Sign up, select your desired challenge sim account and Get Funded!

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