How It works

Learn how it works

Your Complete Guide to the MyFundedFX Trading Program

Our challenge program aims to provide traders an opportunity to trade on a simulated basis without risking their own capital. Profitable traders receive a payout calculated as percent of the simulated gains they generate.

Before you start trading

1

Create an account here

2

Navigate to the MyFundedFX challenge dashboard and choose challenge program and demo 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 begin the evaluation process

Steps to get your live sim account

Choose your trading style
1 of 5

Trading Challenge #1

Take the first challenge in the MyFundedFX evaluation process and prove that you have what it takes to be a live simulated trader. Meet the trading objectives in as little as one trade

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Sim Gain Target

6%

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Daily Sim Loss

!

4%

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Overall Sim Loss

!

8%

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Minimum Days

1 day

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Trading Period

Unlimited

Join our success

Joining can provide traders with access to greater simulated trading capital, advanced technology, and a supportive community of experienced traders

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MFFXBenefits

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Trade
Any trading style
Subject to certain rules and conditions, 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.
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Accounts
Trade with up to $600,000 in simulated funds
We offer up to $600,000 in live simulated funds in our Evaluation program
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Days
No Max & Min Trading Days
Unlimited trading days on all plan types and all phases. Qualify to get your live sim account in as little as 2 days
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Fee back
Challenge Fee
You have to pay just once. If you pass the challenge and verification you will receive your paid fee back. (Bonus payments based on performance)
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Tools
Use any instruments
175+ Assets including Forex, Indices, Crypto, and Commodities
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Growth
Scaling plan
Currently we offer a scaling plan that increases your demo account's initial simulated balance by 25% every 3 months assuming certain criteria are met. Your demo account must be a fresh account at the starting simulated balance, you must also have achieved a total simulated gain of 12% or more within the 90 day period before requesting a scale up

Our Payout System

14days

Your payout can be requested every 14 Calendar Days

50$

Minimum payout amount

Bitcoin

Payout Method

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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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