Details About My Funded FX
- Legal Name: The legal name of My Funded FX is MyFunded Capital (HK) Ltd.
- Company Number: The registration number of My Funded FX is 76252354.
- Country of Registration: My Funded FX is registered in HK.
- CEO: The CEO of My Funded FX is Matthew Leech.
- Support Mail: You can contact My Funded FX at [email protected].
- Phone: The phone number for My Funded FX is not publicly available.
- Payment Modes: My Funded FX supports payments via Crypto, Credit/Debit Card, Mastercard, Visa.
- Withdrawal Modes: My Funded FX facilitates withdrawals through Rise, Crypto.
- Official Website: Visit the official website of My Funded FX at https://myfundedfx.com.
- Banned Countries: My Funded FX does not allow traders from DZ, BY, CF, CG, CD, CU, ET, IR, IQ, KE, KP, LB, LY, MM, NI, PK, PH, RU, SO, SD, SY, AE, VE, VN, YE, SS.
Challenge Details at My Funded FX
- Types of Challenge:The challenges offered at My Funded FX include One Phase Challenge, Two Phase Challenge, Three Phase Challenge.
- Trading Platforms:My Funded FX supports trading on MatchTrader, cTrader, DXTrade.
- Trading Instruments:Traders at My Funded FX can trade Forex, Crypto, Indices, Commodities, Energies.
- Broker:The broker associated with My Funded FX is Purple TradingMatchTrader.
- Max Allocation:The maximum allocation provided by My Funded FX is 400,000.
- Scaling:The scaling potential at My Funded FX reaches up to 1,000,000.
- Trading Competitions:My Funded FX does not organize trading competitions for traders.
- Free Trials:My Funded FX does not offer free trials to its users.
My Funded FX is one of the most trusted prop firm in the whole prop firm space, My Funded FX was started in 2022. Based in Hong Kong My Funded FX is led by Matthew Leech. My Funded FX has already paid over 10 million dollars in just 2024. My Funded FX offer traders 5 different types of challenge accounts based on their likings and a fairly simple scaling plan with which traders can grow their account size up to $1 million.
Company Information
Company Name : My Funded FX
Company Legal Name : MyFunded Capital (HK) Ltd
Company Legal Number : 76252354
Company Address : Suite 1601, 16/F., AXA Tower, Landmark East, 100 How Ming Street, Kwun Tong, Kowloon, Hong Kong
CEO Name : Matthew Leech
Challenge Details:-
My Funded FX offers 5 types of challenges, 1-Step Challenge, 2-Step Challenge, 3-Step Challenge, 1-Step Max Challenge and lastly 2-Step Max Challenge.
1-Step Evaluation :
Prices:
- $5,000 : $50
- $10,000 : $100
- $25,000 : $200
- $50,000 : $300
- $100,000 : $500
- $200,000 : $950
Rules:
- Profit Target: 10%
- Total Loss: 6%
- Daily Loss: 4%
- Profit Share: 80%, With Add-ons 90%
- Drawdown Type: Trailing Drawdown
- Time Limit: Unlimited
- Leverage: For Forex - (1:30), For Metals, Indices, Energy - (1:10), For Crypto - (1:2)
- Payout Frequency: 14 days
- Allows Copy Trading: Yes
- Min Trading Days: 3 Days
2-Step Evaluation :
Prices:
- $5,000 : $50
- $10,000 : $100
- $25,000 : $200
- $50,000 : $300
- $100,000 : $500
Rules:
- Profit Target(1 Phase): 8%
- Profit Target(2 Phase): 5%
- Total Loss: 8%
- Daily Loss: 5%
- Profit Share: 80%, With Add-ons 90%
- Drawdown Type: Static Drawdown
- Time Limit: Unlimited
- Leverage: For Forex - (1:30), For Metals, Indices, Energy - (1:10), For Crypto - (1:2)
- Payout Frequency: 14 days
- Allows Copy Trading: Yes
- Min Trading Days: 3 Days
3-Step Evaluation :
Prices:
- $5,000 : $70
- $10,000 : $150
- $25,000 : $225
- $50,000 : $375
- $100,000 : $570
Rules:
- Profit Target(1 Phase): 6%
- Profit Target(2 Phase): 6%
- Profit Target(3 Phase): 6%
- Total Loss: 8%
- Daily Loss: 4%
- Profit Share: 80%
- Drawdown Type: Static Drawdown
- Time Limit: Unlimited
- Leverage: For Forex - (1:30), For Metals, Indices, Energy - (1:10), For Crypto - (1:2)
- Payout Frequency: 5 days
- Allows Copy Trading: Yes
- Min Trading Days: 1 Days
1-Step Max Evaluation :
Prices:
- $5,000 : $42
- $10,000 : $80
- $25,000 : $170
- $50,000 : $240
- $100,000 : $399
- $200,000 : $799
Rules:
- Profit Target: 8%
- Max Daily profit: 2%
- Total Loss: 8%
- Daily Loss: 2%
- Profit Share: 80%, With Add-ons 90%
- Drawdown Type: Static Drawdown
- Time Limit: Unlimited
- Leverage: For Forex - (1:30), For Metals, Indices, Energy - (1:10), For Crypto - (1:2)
- Payout Frequency: 7 days
- Allows Copy Trading: Yes
- Min Trading Days: 0 Days
2-Step Max Evaluation :
Prices:
- $5,000 : $38
- $10,000 : $75
- $25,000 : $140
- $50,000 : $210
- $100,000 : $425
- $200,000 : $725
Rules:
- Profit Target(1 Phase): 10%
- Total Loss(1 Phase): 10%
- Daily Loss(1 Phase): 5%
- Profit Target(2 Phase): 5%
- Total Loss(2 Phase): 8%
- Daily Loss(2 Phase): 4%
- Profit Share: 80%, With Add-ons 90%
- Drawdown Type: Static Drawdown
- Time Limit: Unlimited
- Leverage: For Forex - (1:30), For Metals, Indices, Energy - (1:10), For Crypto - (1:2)
- Payout Frequency: 14 days
Scaling Plan :-
My Funded FX also offers an easy scaling plan, in which traders can scale their account size up to $1 million.
To scale up the account, Trader must have to make at least 12% of profit in 90 days period and the account should be fresh account at the starting balance. If the trader meet this criteria, Their account size will be increased by 25% of the initial balance every 90 days.
News Trading Rules :-
Executing Trades during a News event is allowed in evaluation phases but in Live Funded accounts, Trading around news is strictly prohibited, Traders are not allowed to trade 3 minutes before and after a high impact news event or a red folder event.
If a trader has opened a swing trade for a long time then there is no restriction and they can keep holding the trade open throughout the news.
Please note that if a trader trades exactly around the news event then any profit made in that trade will be removed and the trader will get a soft breach.
Other Things to keep in mind:-
How is daily drawdown calculated :
Daily Drawdown works differently for each Challenge account.
For 1-Step Challenge: Daily Drawdown is Equity Based Drawdown.
For 1-Step Max Challenge: Daily Drawdown is Equity Based Drawdown.
For 2-Step Challenge: Daily Drawdown is Balance Based Drawdown.
For 2-Step Max Challenge: Daily Drawdown is Balance Based Drawdown.
For 3-Step Challenge: Daily Drawdown is Balance Based Drawdown.
Countries Banned from Purchasing :
There are few restricted countries which are not allowed to join My Funded FX due to regulatory restrictions.
These countries are:-
- Cuba
- Iran
- Lebanon
- Syria
- North Korea
- Libya
- Russia
- Sudan
- Somalia
- South Sudan
- Pakistan
- Vietnam
- United Arab Emirates
- Belarus
- Myanmar
- Central African Republic
- Democratic Republic of Congo
- Congo
- Ethiopia
- Iraq
- Nicaragua
- Venezuela
- Yemen
- Philippines
- Kenya
- Algeria
Strategies that are not allowed :
My Funded FX allow traders to let them copy their own trades but there is still a restriction that traders are not allow to use any sort of EAs in their Platform 5.
My Funded FX has also highlighted a few Strategies that are strictly prohibited.
- Copy Trading
- Group Hedging
- Reverse Trading
- Public Account management services
- High-Frequency Trading
Payout Methods :
My Funded FX provides payout via 2 methods.
- Riseworks
- Crypto
Trading Commissions :
With My Funded FX, Trading Commissions can vary based on the trading platform which the traders has chosen.
For Match-Trader :-
For Forex, Metals and Oils - $3 per lot
For Indices and Crypto - $0 per lot
For DXTrade :-
For Forex, Metals and Oils - $3 per lot
For Indices and Crypto - $0 per lot
For cTrader :-
For Forex, Metals and Oils - $6 per lot
For Indices and Crypto - $0 per lot
For Platform 5 :-
For Forex, Metals and Oils - $5 per lot
For Indices and Crypto - $0 per lot
My Funded FX Challenge Account Pricing
1-step
Pricing
Size: 5000 ($50)
Size: 10000 ($100)
Size: 25000 ($200)
Size: 50000 ($300)
Size: 100000 ($500)
Size: 200000 ($950)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
6%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
10%
Daily Loss
4%
2-step
Pricing
Size: 5000 ($50)
Size: 10000 ($100)
Size: 25000 ($200)
Size: 50000 ($300)
Size: 100000 ($500)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
8%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
8%-5%
Daily Loss
5%
1-Step Max
Pricing
Size: 5000 ($42)
Size: 10000 ($80)
Size: 25000 ($170)
Size: 50000 ($240)
Size: 100000 ($399)
Size: 20000 ($799)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
8%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
8%
Daily Loss
2%
2-Step Max
Pricing
Size: 5000 ($38)
Size: 10000 ($75)
Size: 25000 ($140)
Size: 50000 ($210)
Size: 100000 ($425)
Size: 200000 ($725)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
10%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
10%-5%
Daily Loss
5%
3-Step
Pricing
Size: 10000 ($70)
Size: 25000 ($150)
Size: 50000 ($225)
Size: 100000 ($375)
Size: 200000 ($570)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
8%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
6%-6%-6%
Daily Loss
4%
Frequently Asked Questions
Reviews
Everything works quite well I had only one problem that they couldnt solve from support. The companys main weakness is the platforms they use. Clearly it is very at a disadvantage with the others that work with MT4 or MT5
JoeL Alvarez
Trading conditions is good i pass the account and get funded in 2days, I didnt make payout till now, their customer care is top_notch sometimes their CEO handle issues himself.
Samaila Umar
myfundedfx has many great features, it goes through the stages instantly, which is great, there is no need to wait Responsive customer service and unlimited rules, giving the trader the freedom to trade is great
Mohammed Sallam
Myfundedfx is the best top notch prop firm I have ever come across with good spread and great trading rules. I love the firm because of its 100percent transparency. I am currently in phase 1 and i do not have any issues with the account. Nice spread. Won the account via giveaway
Adamolekun Julius
I always sticked to myfundedfx because i know them since years now, i love them. Everything is great about them. Only thing is that the spread is just a little bit shit, the rest everything is amazing.
Energy Wise
Banned Countries by My Funded FX
Countries highlighted in red are restricted.
Web Traffic Data
Web Traffic
Total Overview
Pages per visit
319,878
Total Visits
3.606
Global Rank
148,970
Country Rank
64,804
Traffic Source
Spending on vaarious categories
Social
Paid Referral
Referrals
Search
Direct
Sales By Countries
Monthly Sales Overview