Click Here | About MyFundedFx
MyFundedFX stands out as a proprietary trading firm that emphasizes trader growth and scalability, offering competitive evaluations with a focus on transparency and innovation. With tailored account sizes and unique scaling opportunities,
Year Founded: MyFundedFX was established in June 2022.
Founder and CEO: Matthew Leech, also known as MattL, leads MyFundedFX, offering innovative and growth-oriented solutions for traders.
Office Address: MyFundedFX operates from the United States, serving traders globally.
Challenge Summary: MyFundedFX offers an evaluation process with 1 Step, 2 Step, and 3 Step challenges designed to test traders’ skills. Successful completion grants access to funded accounts.
Main Trading Rules for Challenges:
- Profit Targets: Profit targets vary depending on the evaluation step.
- Drawdown Limits: A maximum total drawdown of 10% applies.
- Daily Loss: The daily loss limit is 4% of the initial balance.
- No Hedging: Hedging is not allowed during the evaluation.
Trading Platforms: MyFundedFX provides trading on MT5, CTrader, DXTrade, and MatchTrader platforms, offering seamless execution and wide access to financial instruments.
Payment Methods:
- Funding: Crypto, Credit/Debit Cards.
- Payout: Crypto, Rise (with a minimum payout of $52).
MyFundedFX Specific Trading Rules:
- Expert Advisors (EAs): Allowed only for personally developed EAs; generic EAs are not permitted.
- Copy Trading: Permitted on one’s own account.
- News Trading: Allowed, with restrictions during key economic events.
- Stop Loss: Optional but recommended for risk management.
- Weekend Holding: Allowed, suitable for swing traders.
Scaling Plan: MyFundedFX offers a scaling plan where traders can increase their account balance by 25% after achieving 12% profit within 90 days. The maximum scaling limit is $1,500,000.
Refund Fees: MyFundedFX does not provide refunds on any services purchased from the company.
Key Information:
- Based Country: United States.
- Founded Since: June 2022
| Join Challenge | Expert Advisors | Copy Trading | News Trading | HFT | Stop Loss | Weekend Holding | Scaling Plan | Refund Fees | Platform | Founded Country |
|---|---|---|---|---|---|---|---|---|---|---|
 Join Now | Allow your Own Expert | Allow Copy Own Account | Allow | Not Allow | Optional | Allow | Up to 1.5M $ | Up to 120% | MT5 CTrader MatchTrade DXTrade | 2022 America |
Write Review | Read Valuable Feedback
Explore Previous Valuable Insights!
The best
The best of the industry. They’re so fast in funded account credentials and payouts
one step max
Fell in love with one step max
I am in love with their one step max account. It help me bring in me the qualities I needed as a trader. It helped me beyond measure. I passed my first account and the experience is just flawless.
Happy satisfied and looking forward to have more accounts with myfundedfx
Great.Amazing
Great.Amazing. Better. Best of the best
Mersy one of the best person in team support
Thank you so much for solve my problem 🌹
Payouts
Lately I’ve read so many reviews on My Funded Fx about denied payouts for no reason that I want to share my experience with you guys ! I’ve only got good experience so far till now !
I just wanna let you know that I got 2 payouts coming up next week and I’ll let you know how it went !
Thanks !
100% scam
100% scam they ban profitable trader they just want ppl who failed the chaleng to take his money
Very good prop firm
Very good prop firm, i havent faced any problem so far.
The customer service
The customer service response was very helpful and calm
KYC Interview
After I requested a payout, they closed my account and said I need to pass a KYC interview because they believe someone else is managing the account.I met with them twice, and the second time they abruptly ended the call, claiming I am not the one trading on the account.AVOID, THE WORST COMPANY IN THE INDUSTRY.
My withdraw they reject and breach all 3 accounts
Hi my name is Md Sazzad Hossain. I am professional forex trader. I work with MyfundedFx from last 10months. I got paid everytime. My previous payouts was 11997$ 06/03/2024 , 5390$ 05/19/2024, 11063 05/06/2024, 3156 05/05/2024. My last withdraw they reject and breach my all 3 accounts. 7500$ withdraw they rejected and manually break my 3 accounts 2 in phase 2 near to live and one account is live with 7500$+ withdraw. They ask for KYC interview and after 20days they appear for my interview. I request them for bengali operator for interview because my english accent is not good but they didn’t provide me bengali operator. I answer all the questions and provide each and everything. At the end of the interview operator said i am satisfied with your answers and in 12 hours your issue resolve and after you receive emeil you are able to withdtaw your amount. After 30minutes they send me mail they we breach your accounts and cause lame excuses. I am sending their all questions and then my answers as well.
There alligations
I am writing to inform you about the outcome of your recent KYC interview with us at MyFundedFX. After thorough review and evaluation, we regret to inform you that your KYC interview did not meet our requirements, and the result is unfortunately a fail.
The reasons for this decision are as follows:
You used Remote Desktop during the interview. Remote Desktop can be controlled by anyone.
You did not follow our rules for showing how to log into your Riseworks account. You showed it after you were already logged in.
You were not able to answer even one question related to forex. You are always saying you are a profitable trader, but that is not what we are asking you.
It seems like someone taught or coached you, but you weren’t able to fully execute or explain what you were doing.
Please note that this decision is final, and as a result, you will no longer be able to trade with MyFundedFX.
Regards,
Benji
My answers regarding their alligations
Dear Benji and MyFundedFX Team,
I hope this message finds you well. I would like to express my concern regarding the outcome of my recent KYC interview. I feel that the decision was not entirely fair for the following reasons:
1. Use of Remote Desktop: Yes, I used Remote Desktop during the interview because my account is logged in via a remote desktop for faster trade execution. Your company permits the use of remote desktops, which is why I have opted for this setup. I can confirm that it is a private server, and no one else has access to it but me.
2. Riseworks Login: I had explained during the interview that my Riseworks account is logged in on my mobile. If I log in from a different device, Riseworks detects this and may restrict my access. Nevertheless, I logged into my account during the interview as requested.
3. Forex Knowledge: I answered all your questions related to forex strategies, including topics on swap and other areas. I have over 6 years of experience in trading and believe I provided sufficient answers based on my expertise.
4. Live Interview: I was on a live video call with you, and it was evident that I was alone in the room. The claim that I was being coached or assisted is completely unfounded.
Furthermore, I would like to highlight that I have been a profitable trader with MyFundedFX for 4 to 5 months, with previous payouts to support this. My live account, with over $7,500 in profit, has been banned, as well as my phase 2 account with over $103,500 in equity and another nearing $92,900.
I believe that this decision was based on a misunderstanding, potentially due to language barriers, as I had previously requested a Bengali-speaking operator. I kindly request that you reconsider the outcome of my KYC interview, approve my withdrawal, and reinstate my accounts.
Thank you for your attention to this matter. I hope for a fair resolution.
Best regards,
MD Sazzad Hossain
Prompt response
The prompt response to resolving the technical issue I had with the magic keys and the issue with slippage. great service
Taleb admin
Mr. Taleb was extremely helpful in providing a thorough explanation of the functioning process.. I am sincerely grateful for his assistance and commendable work.
Excellent prop firm and my most trusted in the industry
The entire experience with this legitimate company has been excellent, from the initial challenge purchase to receiving the payout (my second payout today).
– Payout request was submitted today at 07:36
– Payout was approved at 07:47 (surprised they are working that early!)
– Rise funds payment notification came in at 16:25
– The money from Rise was in my bank account at 17:05.
Super efficient and speedy service! I am genuinely impressed and grateful for such a fantastic experience. Kudos to Matt and the rest of the team at MyFundedFX, and a big thank you to Rise as well!
Don’t believe all the paid reviewers here
Don’t believe all the paid reviewers here, these guys are scam and will be shut down soon just like MFF, they front run your orders by at least 3 pips and trades hit your SL at least 3 pips before your actual SL. Your days are numbered crooks. Can’t wait to pass there freaking challenge and get my refund
Beyond one’s expectation
I have bought several challenges using this prop firm and they always provide exceptional service. This time I decided to buy 5k challenge account and while ordering I accidentally chose mt5 instead of mt4. I asked for help on Discord, and they transferred me to Support agent Dr.Pips who was really helpful and helped me to solve the issue. That was great experience without any trouble. Thank you, guys!
| Challenge Name | Balance | Price | Target Phases | Profit Share | Daily Drawdown | Maximum Drawdown | Minimum Days | Maximum Days | Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2-Step Max | 5k | 38$ | 10% 05% | 80% | 5% Balance | 10% Static | 03 Days | Unlimited | 1:30 |
| 1-Step Max | 5k | 42$ | 08% | 80% | 2% Soft | 8% Static | None | Unlimited | 1:30 |
| 1-Step | 5k | 50$ | 10% | 80% | 4% Equity | 6% Trailing | 03 Days | Unlimited | 1:30 |
| 2-Step | 5k | 50$ | 08% 05% | 80% | 5% Equity | 8% Balance | 03 Days | Unlimited | 1:30 |
| 3-Step | 10k | 70$ | 06% 06% 06% | 80% | 4% Balance | 8% Balance | 01 Day | Unlimited | 1:30 |
| 2-Step Max | 10k | 75$ | 10% 05% | 80% | 5% Balance | 10% Static | 03 Days | Unlimited | 1:30 |
| 1-Step Max | 10k | 80$ | 08% | 80% | 2% Soft | 8% Static | None | Unlimited | 1:30 |
| 1-Step | 10k | 100$ | 10% | 80% | 4% Equity | 6% Trailing | 03 Days | Unlimited | 1:30 |
| 2-Step | 10k | 100$ | 08% 05% | 80% | 5% Equity | 8% Balance | 03 Days | Unlimited | 1:30 |
| 2-Step Max | 25k | 140$ | 10% 05% | 80% | 5% Balance | 10% Static | 03 Days | Unlimited | 1:30 |
| 3-Step | 25k | 150$ | 06% 06% 06% | 80% | 4% Balance | 8% Balance | 01 Day | Unlimited | 1:30 |
| 1-Step Max | 25k | 170$ | 08% | 80% | 2% Soft | 8% Static | None | Unlimited | 1:30 |
| 1-Step | 25k | 200$ | 10% | 80% | 4% Equity | 6% Trailing | 03 Days | Unlimited | 1:30 |
| 2-Step | 25k | 200$ | 08% 05% | 80% | 5% Equity | 8% Balance | 03 Days | Unlimited | 1:30 |
| 2-Step Max | 50k | 210$ | 10% 05% | 80% | 5% Balance | 10% Static | 03 Days | Unlimited | 1:30 |
| 1-Step Max | 50k | 240$ | 08% | 80% | 2% Soft | 8% Static | None | Unlimited | 1:30 |
| 3-Step | 50k | 225$ | 06% 06% 06% | 80% | 4% Balance | 8% Balance | 01 Day | Unlimited | 1:30 |
| 1-Step | 50k | 300$ | 10% | 80% | 4% Equity | 6% Trailing | 03 Days | Unlimited | 1:30 |
| 2-Step | 50k | 300$ | 08% 05% | 80% | 5% Equity | 8% Balance | 03 Days | Unlimited | 1:30 |
| 3-Step | 100k | 375$ | 06% 06% 06% | 80% | 4% Balance | 8% Balance | 01 Day | Unlimited | 1:30 |
| 1-Step Max | 100k | 399$ | 08% | 80% | 2% Soft | 8% Static | None | Unlimited | 1:30 |
| 2-Step Max | 100k | 425$ | 10% 05% | 80% | 5% Balance | 10% Static | 03 Days | Unlimited | 1:30 |
| 1-Step | 100k | 500$ | 10% | 80% | 4% Equity | 6% Trailing | 03 Days | Unlimited | 1:30 |
| 2-Step | 100k | 500$ | 08% 05% | 80% | 5% Equity | 8% Balance | 03 Days | Unlimited | 1:30 |
| 3-Step | 200k | 570$ | 06% 06% 06% | 80% | 4% Balance | 8% Balance | 01 Day | Unlimited | 1:30 |
| 2-Step Max | 200k | 725$ | 10% 05% | 80% | 5% Balance | 10% Static | 03 Days | Unlimited | 1:30 |
| 1-Step Max | 200k | 799$ | 08% | 80% | 2% Soft | 8% Static | None | Unlimited | 1:30 |
| 1-Step | 200k | 950$ | 10% | 80% | 4% Equity | 6% Trailing | 03 Days | Unlimited | 1:30 |
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