How It Works: Your Complete Guide to the MyFundedFX Trading Program
Our challenge program aims to provide traders an opportunity to trade without risking their own virtual capital. Profitable traders are paid a percent of the profits they make while using our virtual capital with no liability on them. You trade and we cover the losses.
Before you start trading
- 1
Create an account here
- 2
Navigate to the MyFundedFX challenge dashboard and choose challenge program and account size
- 3
Review the rules of the program by looking over the terms of use and checking out the discord
- 4
Complete your signup by paying the one-time fee and then receive your account credentials
Now it's time to evaluation process
Evaluation process
Step 1
Take the Challenge
Verification
Submit documents
Step 2
Get Verified
You're ready to
Get your live sim account
Step 1
Take the Challenge
Verification
Submit documents
Step 2
Get Verified
You're ready to
Get your live sim account
Account Rules
Step 1
Take the Challenge
Take the challenge in the MyFundedFX evaluation process and prove that you have what it takes to be a Live Sim Trader. Meet the trading objectives in as little as one trade
Step 2
Get Verified
After you pass the first challenge, you will establish yourself as a consistent trader and move to the verification step with a 5% profit target
Verification
Submit documents
After passing step-1/step-2/step-2 pro you will be required to submit your KYC documents. Once submitted and your documents are approved, your account would be activated if reviews have been completed
Now you have
Live Account
You’re ready to
Get Started
You can now start trading the MyFundedFX program without profit targets as long as you won’t reach max or daily loss limits. Your commission is up to 80% of all profits made after each trading period of 14 calendar days
| Phase 1 | Phase 2 | |
|---|---|---|
| Profit Target | 8% | 5% |
| Minimum Trading Days | 1 days | 1 days |
| Trading Period | Unlimited | Unlimited |
| Max Daily Loss | 5% | 5% |
| Max Initial Account Balance Loss | 8% | 8% |
| Available Leverage | 100:1 | 100:1 |
| Refundable Registration Fee | $50 | |
Ready to dive in ? Sign up, select your desired challenge sim account and Get Funded!
MFFX benefits
Any trading style
We do not restrict trading style. You can make any type of trades you would like including scalping hedging (in the same account) swing trading martingale strategies, grid trading etc.
Trade with up to $600,000
We offer up to $600,000 in live simulated funds in our Evaluation program
No Max & Min Trading Days
Unlimited trading days on all plan types and all phases. Get your live sim account in as little as 2 days
Scaling plan
Currently we offer a scaling plan that increases your accounts initial balance by 25% every 3 months assuming certain criteria is met. Your account must be a fresh account at the starting balance, you must also have achieved a total profit of 12% or more within the 90 day period before requesting a scale up
Use any instruments
175+ Assets including Forex, Indices, Crypto, and Commodities
One-time refundable fee
You have to pay just once. If you pass the challenge and verification you will receive your paid fee back
We work with ThinkMarkets
Payout System
14days
Your payout can be requested every 14 Calendar Days
50$
Minimum payout amount
Bitcoin
Payout Method
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