About Prop Firm
MyFundedFX: Flexible and Scalable Trading Opportunities
MyFundedFX is a top-tier proprietary trading firm that provides traders with access to funded accounts in the forex market. Offering 1-step and 2-step evaluation programs, MyFundedFX allows traders to demonstrate their skills and scale up to larger capital amounts without risking their own funds. The firm is known for its transparent evaluation process and trader-friendly rules, making it an ideal choice for both novice and experienced traders.
Key Features of MyFundedFX:
Flexible Evaluation Process: Traders can select between a 1-step or 2-step evaluation. The 1-step challenge requires a 10% profit target, while the 2-step challenge requires 8% profit in phase 1 and 5% in phase 2. There are no time constraints to meet these targets, allowing traders to trade at their own pace.
Profit Sharing: MyFundedFX offers competitive profit splits of up to 90%, allowing traders to keep the majority of the profits after successfully passing the evaluation process.
Risk Management Policies: Traders must adhere to strict maximum drawdown limits: 6% for the 1-step account and 10% for the 2-step evaluation. Daily losses are capped at 5%, helping to ensure that traders manage risk effectively.
Expert Advisors (EAs) Allowed: The firm supports the use of Expert Advisors (EAs) across all phases of the evaluation and funded accounts, with certain restrictions to ensure fair trading practices.
No Restrictions on Trading Styles: MyFundedFX allows traders to use various strategies, including overnight trading and news event trading, giving traders the flexibility to choose the methods that work best for them.
Why Choose MyFundedFX?
MyFundedFX is designed for traders looking for flexibility and scalability in their trading careers. With an easy-to-understand evaluation process, generous profit-sharing options, and transparent rules, it offers a great opportunity for traders to grow their accounts and build long-term success in the forex market.
The firm’s focus on flexibility—allowing traders to choose their trading styles and manage risk on their terms—makes it an excellent choice for those serious about trading for a living. Additionally, the ability to use Expert Advisors and trade over multiple phases allows traders to automate strategies and maximize their potential.