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My Forex Funds is a forex prop firm founded in July of 2020 with the goal of finding professional traders to trade their proprietary funds.
The first account type was their rapid instant funding account, and in March 2021 they launched their evaluation program.
MyForexFund's also known as MFF was founded in July of 2020. As of 2021, they had a small brand and have now funded over 40,000 traders with forex trading accounts.
The firm is rapidly becoming a director competitor of some of the largest and more established companies, due to the great reputation and very similar trading conditions offered.
MyForexFunds or MFF offers its traders a low cost model program paying profits on demo – their “Rapid Program”, a Direct Funding “Accelerated” program as well as their popular “Evaluation” or challenge accounts. Also, while we exist to help traders by subsidizing their challenge costs do not be afraid to sign up directly with MyForexFund's; you can use our discount code “2ACCDQBS” and save 5% off their already low prices going directly to MyForexFunds.
| Step 1 - Evaluation | Step 2 - Verification | Step 3 - Funded Trader | |
|---|---|---|---|
Leverage | 1:100 | ||
Trading Period | 30 Days | 60 Days | Indefinite |
Minimum Trading Days | 5 Days | 5 Days | X |
Maximum Daily Loss | 5% | 5% | 5% |
Maximum Loss | 12% | 12% | 12% |
Profit Target | 8% | 5% | X |
Refundable Fee | 112% |
MyForexFund‘s evaluation accounts come with generous drawdown allowances, 1:100 trading leverage, and allow the professional trader to greatly leverage their funding ability through means a low cost evaluation. First payout for traders that pass these accounts is within 30 days after being funded. Afterwards, traders have the option of being paid every 2 weeks.
| Step 1 - Rapid Trader | |
|---|---|
Leverage | 1:500 |
Minimum Trading Days | 3 Days (per week) |
Maximum Daily Loss | 5% |
Maximum Loss | 12% |
Profit Target | None, you get paid 12% of all profits made every 2 weeks. |
Refundable Fee | 100% |
MyForexFund‘s rapid accounts allow traders to take their time, and dip their toes into being a professional trader. Earn 12% of all profits made without going through the time constraints and pressures of a challenge! Rapid comes in consistency and non-consistency variants. Costs are the same, but the time to converting to a “live account” is shorter with consistency rules.
| Conventional | Empathetic | |
|---|---|---|
Target | 10% | 20% |
Leverage | 1:50 | 1:100 |
Maximum Daily Loss | None | None |
Maximum Loss | 5% | 10% |
Refundable Fee | No | No |
Conventional Account Sizes
Empathetic Account Sizes
MyForexFund‘s accelerated programs are built for traders to to start trading live accounts from day one and receive a generous 50% profit split off an account with 1:50 leverage.
Want to cut the price in half and willing to do a one phase evaluation? Take a look at MyPropChoice offerings!
When you receive your live account, your first payout will be paid 1 month after your first trade then it will be bi-weekly after that.
After the first month, you can send an email to [email protected] to request to be paid every two weeks of trading.
One can request a payout by Paypal, Bank Transfer, Email Money Transfer, Cryptocurrecy or Transferwise.
MyForexFunds does not trade through traditional brokers, but uses their own institutional level liquidity providers. Using their own trading servers they provide both MetaTrader4 and MetaTrader5 platforms for their traders to use.
