MyFundedFX Review
8.0

MyFundedFX Review

MyFundedFX offers traders three different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm's capital, meaning that they will cover all losses.

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MyFundedFX tests their traders’ potential with a task of passing a one-step or two-step evaluation challenge, where they are given a demo account with virtual funds to trade, while they monitor their performance.

MyFundedFX’s challenge program aims to provide traders with an opportunity to engage in trading activities without risking their own capital. Skilled traders who generate profits while utilizing MyFundedFX’s funds are rewarded with a percentage of those profits. They provide you with the flexibility to trade according to your own strategies while also taking on the responsibility of covering any potential losses. Matthew Leech, a successful entrepreneur with expertise in financial and tech services, is the founder of MyFundedFX. He is an experienced trader in the forex, options, stock, and crypto industries, actively engaging in trading since 2018.

Company Details of MyFundedFX

MyFundedFX is a proprietary trading firm that was established in June 2022 with offices located in Texas, United States. This company is led by Matthew Leech. MyFundedFX presents traders with an opportunity to engage in three distinct funding programs, offering initial account sizes of up to $300,000. Traders are provided trading accounts through ThinkMarkets or Blueberry Markets broker. As for trading platforms, traders have the flexibility to choose between MetaTrader 4 or MetaTrader 5 based on their preferences.

Type of Funding Programs

MyFundedFX offers three different funding programs to traders all around the world:

Normal Two-step Challenge

Account SizePrice
$5,000$50
$10,000$100
$25,000$200
$50,000$300
$100,000$500
$200,000$950
$300,000$1,399
Trading ObjectiveTrading Objective Value
Profit Target of Phase 18%
Profit Target of Phase 25%
Daily Drawdown5% (Can Scale up to 8%)
Maximum Drawdown8% (Can Scale up to 14%)
Minimum Trading DaysNo Minimum Trading Day Requirements
Maximum Trading PeriodNo Time Limit in Phase 1
No Time Limit in Phase 2
Leverage1:100
Profit Share80% – 92.75%

Pro Two-step Challenge

Account SizePrice
$5,000$70
$10,000$135
$25,000$250
$50,000$375
$100,000$575
$200,000$1,100
$300,000$1,600
Trading ObjectiveTrading Objective Value
Profit Target of Phase 18%
Profit Target of Phase 25%
Daily Drawdown5% (Can Scale up to 8%)
Maximum Drawdown10% (Can Scale up to 14%)
Minimum Trading DaysNo Minimum Trading Day Requirements
Maximum Trading PeriodNo Time Limit in Phase 1
No Time Limit in Phase 2
Leverage1:100
Profit Share80% – 92.75%

One-step Challenge

Account SizePrice
$5,000$50
$10,000$100
$25,000$200
$50,000$300
$100,000$500
$200,000$950
$300,000$1,399
Trading ObjectiveTrading Objective Value
Profit Target10%
Daily Drawdown4% (Can Scale up to 6%)
Maximum Trailing Drawdown6% (Can Scale up to 12%)
Minimum Trading DaysNo Minimum Trading Day Requirements
Maximum Trading PeriodNo Time Limit
Leverage1:100
Profit Share80% – 92.75%

Customer Support

Live Chat✔️
Emailsupport@Myfundedfx.com
Telephone
FAQFAQ Section

Trustpilot Rating

MyFundedFX can also be found on Trustpilot, where their community has awarded them an excellent rating. With 1,13105 comments from their satisfied users, MyFundedFX maintains an overall rating of 4.7 out of 5. Notably, an impressive 90% of the community members have rated their services with a maximum of five stars.

Where To Find MyFundedFX?

MyFundedFX can be found on various social media platforms.

Conclusion

In conclusion, MyFundedFX is a reputable proprietary trading firm providing traders with the flexibility to select from three funding programs: Normal Two-step, Pro Two-step, and One-step funding programs, based on their individual preferences. Notably, they have collected an excellent Trustpilot rating of 4.7/5, reflecting the positive feedback from their community. In addition, MyFundedFX can also be found across various social media platforms, allowing you to follow them and stay informed about their latest updates. After carefully evaluating all aspects of its offerings, MyFundedFX can be considered one of the best proprietary trading firms in the industry.

Account size up to:   $1,500,000

8.0
Funding Opportunities
8.0
Trading Rules
8.0
Customer Support
8.0
Community Feedback
8.0 Overall Rating

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MyFundedFX offers traders three different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm's capital, meaning that they will cover all losses.

MyFundedFX Review
8.0/10