MyFundedFX Pros & Cons

Pros

  • +Multiple challenge types (1-Step and 2-Step options)
  • +Supports forex, indices, and commodities
  • +Frequent promotional discounts

Cons

  • -Relatively newer firm compared to FTMO or TopStep
  • -80% starting split is not the highest available
  • -Limited platform options compared to some competitors

Frequently Asked Questions about MyFundedFX

What are the MyFundedFX drawdown rules?
MyFundedFX offers both static and trailing drawdown options depending on the challenge type. The 1-Step challenge has a 6% trailing drawdown, while the 2-Step has 8% static max loss with a 5% daily limit.
How much does MyFundedFX cost?
Prices vary by challenge type. The 1-Step evaluation for a $50K account starts around $299. MyFundedFX also runs frequent promotions with significant discounts.
What platforms does MyFundedFX support?
MyFundedFX supports MT4, MT5, and DXtrade. They primarily offer forex and CFD trading.
What is MyFundedFX's profit split?
MyFundedFX offers up to an 80% profit split, with potential for higher splits through their scaling program.