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MyFundedFXChallenge Accounts
Take the Challenge
Take the challenge through a demo account in the MyFundedFX evaluation process and see if you have what it takes to be a live simulated trader
Get Verified
If you pass the first challenge, you will establish yourself as a consistent trader and move to the verification step with a 5% simulated gain target
Get your live sim account
Once proven you can successfully and consistently trade, get up to an 80% split on all net sim gains you generate. Continue to trade for as long as you want and get live sim accounts up to $1.5 million with our scaling plan
Live simulated accounts
Our evaluation services firm offers up to $400,000 in simulated funding
No Maximum Trading Days
Unlimited trading days on all plan types and all phases
No Minimum Trading Days
Get your live sim account in as little as 2 days
No Style Restrictions
Subject to certain rules and objectives, you are free to trade how you want
Maximum daily simulated loss
This rule can also be called “trader’s daily simulated stop-loss”
Steps to get your live sim account
Choose your trading style
Select account size
1
Trading Challenge
Choose a simulated account size and try to reach the minimum simulated gains target for Phase 1. Subject to certain rules and objectives, your trading style is completely up to you!
Sim Gain Target
6%
Daily Sim Loss
!
Balanced Based
4%
Overall Sim Loss
!
Balanced Based
8%
Minimum Days
1 day
Trading Period
Unlimited
Sim Trading Leverage
30:1
2
Trading Challenge
Choose a simulated account size and try to reach the minimum simulated gains target for Phase 2. Subject to certain rules and objectives, your trading style is completely up to you!
Sim Gain Target
6%
Daily Sim Loss
!
Balanced Based
4%
Overall Sim Loss
!
Balanced Based
8%
Minimum Days
1 day
Trading Period
Unlimited
Sim Trading Leverage
30:1
3
Verification
Continue trading with the Verification account and confirm you weren’t just lucky in the challenge phase.
Sim Gain Target
6%
Daily Sim Loss
!
Balanced Based
4%
Overall Sim Loss
!
Balanced Based
8%
Minimum Days
1 day
Trading Period
Unlimited
Sim Trading Leverage
30:1
4
Live Simulated Trader
You can now start trading on a simulated basis in the MyFundedFX program without simulated gain targets as long as you won’t reach max simulated loss or daily simulated loss limits.
Sim Gain Split
80%
Daily Sim Loss
!
Balanced Based
4%
Overall Sim Loss
!
Balanced Based
8%
Payout Frequency
5 days
Trading Period
Unlimited
Frequently asked questions
To sign up for a MyFundedFX account, you must meet the following criteria:
• Reside in a country where we accept traders. Please note that individuals from the following countries are not accepted: Cuba, Iran, Lebanon, Syria, North Korea, Libya, Russia, Sudan, Somalia, South Sudan, Belarus, Myanmar, Central African Republic, Democratic Republic of Congo, Congo, Ethiopia, Irak, Nicaragua, Venezuela, Yemen
• Be of legal age to trade
• Be able to verify your identity with KYC (Know Your Customer) documents
To get started with MyFundedFX and make the most of the opportunities available, follow these steps:
• Create an Account: Visit the main MyFundedFX website and sign up for an account.
• Select Your Account Size: Go to the MyFundedFX challenge dashboard and choose the account size you want to purchase.
• Make Payment: Proceed with the payment by clicking the buy button and selecting your preferred payment method.
• Receive Account Credentials: Upon completion of the transaction, you will receive your account credentials.
• Start Trading: With your account set up, you are now ready to begin trading as a MyFundedFX trader at your convenience.
All phases of trading with MyFundedFX occur within a simulated trading environment using demo accounts. Even in Phase 3 Simulated Prop Trading, accounts may appear as "Real" under our brokers but remain simulated demo accounts.
It's important to note that the information provided on the website is for general informational and instructive purposes only and does not constitute investment advice. Additionally, leveraged products such as CFDs and FX trading carry a high risk of loss, and users should be aware of local laws and regulations regarding trading activities
MyFundedFX accepts payments via credit card and cryptocurrency. Please refer to the image below for the types of cards and crypto assets accepted.
When making cryptocurrency payments, ensure that you are sending the asset or coin to the correct network to avoid any issues with payment receipt and the delivery of your credentials.
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Appreciated by traders worldwide.
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