Explanation of who MyFundedFX is and how they could benefit you. Complete the Trading Challenge and manage accounts up to $200,000 – Receive 80% of profits – No Scaling plan required!
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What is MyFundedFX?
MyFundedFX is an online demo trading evaluation prop firm. We give traders the opportunity to complete our challenge program and prove their trading skills in an environment that poses no risk to them. After passing the evaluation, eligible traders are allowed to receive a share of the profits generated in their MyFundedFX live trading accounts.
What is a funded account?
A funded account is any trading account in which a trader may be entitled to a payments usually in the form of a percentage of the profit generated in the account based on the agreement made between the account provider and the trader. Funded Accounts are distributed to our traders after successfully passing one of our challenge programs and uploading the required KYC documents.
What is a prop firm?
A prop firm also known as a proprietary firm is an entity that uses its own capital to fund traders that employ their own strategies for the benefit of the firm with the trader being given a percentage of the capital generated. Historically prop firms have been limited to large institutions and banks that only employed traders with years of experience. We at MyFundedFX allow anyone in the world to trade using our funds after they pass one of our challenge programs.
How do I get started with MyFundedFX?
Getting started with MyFundedFX is simple. Below are the steps required to become join our great community of traders.
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Head over to the sign up page found here
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Once you are signed up and logged into our dashboard you can choose your account size and risk mode as shown here
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Review the rules and visit our FAQ page found here
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Once you are familiar with the rules you can continue with purchasing a challenge account by filling out billing details and choosing your payment method
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Once your payment is received within a few minutes your account credentials will be delivered to your email automatically
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Please note that all accounts are subject to a KYC screening prior to being issued, so please ensure that you are able to provide a valid form of photo ID and proof of address within the last 60 days to avoid any delays in receiving your account
Does MyFundedFX offer a free trial?
At this point in time, we do not currently offer a free trial. They do have plans to possibly add a free trial and we will notify our community if it becomes available!
Are there any restrictions on who can sign up?
There are no restrictions based on location or nationality, we allow traders from anywhere in the world. You must be old enough to trade and be able to verify your identity with KYC documents