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MyFundedFX

Trust Pilot
4
12%
Claim and get 12% cashback
Account Profit-Split
min 80% / max 90%

Information about this Rebate

FundedNext Challenges

NameChallenge TypeKey Features
1 Step Challenge1 PhaseKnown for being fast-paced with no time limits
2 Step Challenge2 PhaseOffers lower daily loss limit.
2 Step Max Challenge2 PhaseUnique for its extended drawdown limits
3 Step Challenge3 PhaseThe package offers profit shares without needing 5% growth.

Payment Methods

Payment Options

  • Credit Card/Debit Card
  • Cryptocurrency
  • Paypal

Payout Options

  • Rise
  • Cryptocurrency

Payout Frequency

  • Credit Card/Debit Card: 14 Days
  • Cryptocurrency: 14 Days
  • Paypal: 14 Days

Platforms

  • MetaTrader 5 (MT5)
  • cTrader
  • Dxtrade
  • MatchTrader

Instruments Traded

  • Major/Minor Forex Pairs
  • Indices
  • Commodities & Crypto
  • Metals

Commissions

cTraderForex and Commodities: $6 per standard lot, while Indices and Cryptos: $0 commissions
MatchTraderForex and Commodities: $3 per standard lot, while Indices and Cryptos: $0 commissions
MT5Forex and Commodities: $5 per standard lot, while Indices and Cryptos: $0 commissions
DxtradeForex and Commodities: $3 per standard lot, while Indices and Cryptos: $0 commissions

Key Metrics

TermsRatio‘sExplanation
Consistency RulesNot ActiveRemoved from all challenges.
Trading StylesNo RestrictionsSubject to certain rules and objectives, you are free to trade how you want.
Trading DaysNo LimitUnlimited trading days on all plan types and all phases.
VIP Program Tier SystemSpecial ProgramVIP program for the most successful live simulated trading customers with additional benefits.
Lowest Package with Price$5k for $38The lowest Package
Total AllocationUp to $400kOur evaluation services firm offers up to $400,000 in simulated funding.
News TradingSelectiveAllows on some challenges while restricts on others.
Algo Trading AllowedPermitted
EA TradingAllowedFor automated trading are generally permitted

Prop Firm Challenges

1 Step Challenge

Challenge Price $5,000 $10,000 $25,000 $50,000 $100,000
Profit-Target 10% 10% 10% 10% 10%
Maximum Daily Loss 4% 4% 4% 4% 4%
Maximum Overall Loss 6% 6% 6% 6% 6%
Minimum Trading days 3 Days 3 Days 3 Days 3 Days 3 Days
Profit Split 80% 80% 80% 80% 80%
Trading Period Unlimited Unlimited Unlimited Unlimited Unlimited
News Trading Not Allowed Not Allowed Not Allowed Not Allowed Not Allowed
Payout Frequency 14 Days 14 Days 14 Days 14 Days 14 Days
Challenge Price $50 $100 $200 $300 $500
Challenge Add Ons: Profit Split 90%/10%
Leverage Challenge & Funded Forex Pairs – 1:30 Metals – 1:10 Indices – 1:10 Oils – 1:10 Crypto 1:2

2 Step Challenge

Challenge Price $6,000 $15,000 $25,000 $50,000 $100,000
Profit-Target 1st Phase 8% 8% 8% 8% 8%
Profit-Target 2nd Phase 5% 5% 5% 5% 5%
Maximum Daily Loss 5% 5% 5% 5% 5%
Maximum Overall Loss 8% 8% 8% 8% 8%
Minimum Trading days 3 Days 3 Days 3 Days 3 Days 3 Days
Profit Split 80% 80% 80% 80% 80%
Trading Period Unlimited Unlimited Unlimited Unlimited Unlimited
News Trading Allowed Allowed Allowed Allowed Allowed
Payout Frequency 14 Days 14 Days 14 Days 14 Days 14 Days
Challenge Price $50 $100 $200 $300 $500
Challenge Add Ons: Profit Split 90%/10%
Leverage Challenge & Funded Forex Pairs – 1:30 Metals – 1:10 Indices – 1:10 Oils – 1:10 Crypto 1:2

3 Step Challenge

Challenge Price $10,000 $25,000 $50,000 $100,000
Profit-Target 1st Phase 6% 6% 6% 6%
Profit-Target 2nd Phase 6% 6% 6% 6%
Profit-Target 3rd Phase 6% 6% 6% 6%
Maximum Daily Loss 4% 4% 4% 4%
Maximum Overall Loss 8% 8% 8% 8%
Minimum Trading days 1 Days 1 Days 1 Days 1 Days
Profit Split 80% 80% 80% 80%
Balance Based Drawdown Yes Yes Yes Yes
News Trading Allowed Allowed Allowed Allowed
Payout Frequency 5 Days 5 Days 5 Days 5 Days
Challenge Price $70 $150 $225 $375
Challenge Add Ons: Profit Split 90%/10%
Leverage Challenge & Funded Forex Pairs – 1:30 Metals – 1:10 Indices – 1:10 Oils – 1:10 Crypto 1:2

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