Details About MyFlashFunding
- Legal Name: The legal name of MyFlashFunding is MyFlashFunding LLC.
- Company Number: The registration number of MyFlashFunding is LC014459612.
- Country of Registration: MyFlashFunding is registered in US.
- CEO: The CEO of MyFlashFunding is Blake Carter.
- Support Mail: You can contact MyFlashFunding at help@myflashfunding.com.
- Phone: The phone number for MyFlashFunding is not publicly available.
- Payment Modes: MyFlashFunding supports payments via Credit/Debit Card.
- Withdrawal Modes: MyFlashFunding facilitates withdrawals through Crypto, Deel, PayPal, Wire Transfer/ Bank Transfer.
- Official Website: Visit the official website of MyFlashFunding at https://www.myflashfunding.com.
- Banned Countries: MyFlashFunding does not allow traders from Cuba, Guinea, Iran, Libya, Myanmar, Russia, Syria, Venezuela.
Challenge Details at MyFlashFunding
- Types of Challenge:The challenges offered at MyFlashFunding include One Phase Challenge, Two Phase Challenge.
- Trading Platforms:MyFlashFunding supports trading on MatchTrader.
- Trading Instruments:Traders at MyFlashFunding can trade Forex, Crypto, Indices, Metals.
- Broker:The broker associated with MyFlashFunding is ThinkMarkets.
- Max Allocation:The maximum allocation provided by MyFlashFunding is 200,000.
- Scaling:The scaling potential at MyFlashFunding reaches up to not available.
- Trading Competitions:MyFlashFunding does not organize trading competitions for traders.
- Free Trials:MyFlashFunding does not offer free trials to its users.
Note : MyFlashFunding is now a part of SwayFunded, a broker backed Prop Firm provided by SwayMarkets. If you are willing to purchase any challenge from MyFlashFunding, Please head to SwayFunded.
Company Information
- Company Name: MyFlashFunding
- Company Legal Name: MyFlashFunding LLC
- Company Registration No.: LC014459612
- Operating Since: April 2023
- CEO Name: Blake Carter
Challenge Details
1-Step Challenge
Pricing:
- $10,000 Account: $107
- $25,000 Account: $207
- $50,000 Account: $307
- $100,000 Account: $507
- $200,000 Account: $1007
Rules:
- Profit Target: 10%
- Total Loss: 6%
- Daily Loss: 4%
- Profit Share: 80%
- Drawdown Type: Trailing Drawdown
- Time Limit: Unlimited
- Leverage: Fx 1:100, Indices 1:10, Gold & Commodities 1:20, Crypto 1:2
- Max Lot Size: Undisclosed
- Payout Frequency: 14 Days
- Allows Copy Trading: Yes
- Min Trading Days: 0 Days
2-Step Challenge
Pricing:
- $10,000 Account: $97
- $25,000 Account: $187
- $50,000 Account: $297
- $100,000 Account: $497
- $200,000 Account: $977
Rules:
- Profit Target (Phase 1): 6%
- Profit Target (Phase 2): 6%
- Total Loss: 8%
- Daily Loss: 4%
- Profit Share: 80%
- Drawdown Type: Trailing Drawdown
- Time Limit: Unlimited
- Leverage: Fx 1:100, Indices 1:10, Gold & Commodities 1:20, Crypto 1:2
- Max Lot Size: Undisclosed
- Payout Frequency: 14 Days
- Allows Copy Trading: Yes
- Min Trading Days: 0 Days
Scaling Plan
MyFlashFunding offered an exciting scaling plan with which traders could grow their accounts to a maximum $2 Million. A 12% profit over three months or an average of 4% per month over the same period qualifies for a 30% increment in account balance. The daily loss and maximum total loss limits scale alongside the account balance.
Spreads and News Trading Rules
Spreads
MyFlashFunding utilized ThinkMarkets, with which they offered low spreads, high leverage and diverse trading instruments. The firm guarantees transparency with no markups on spreads, commissions, or swap fees.
News Trading Rules
MyFlashFunding permitted trading during news releases at any stage of the challenge.
Other Important Rules
Daily Drawdown Calculation
MyFlashFunding calculated daily drawdown based on the higher value between the equity or balance at the end of the each day at 5PM EST. The Drawdown used here was Equity EOD and the limit could increase or decrease based on the account balance.
Countries Banned from Purchasing
MyFlashFunding’s services are unavailable to residents of certain countries due to payment restrictions, including Afghanistan, Burundi, Central African Republic, Congo, Cuba, Crimea, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, Kenya, Lebanon, Liberia, Libya, North Korea, Pakistan, Papua New Guinea, Sudan, Somalia, South Sudan, Syria, Russia, Vietnam, Vanuatu, Venezuela, Yemen, Zimbabwe, and individuals listed on the SDN List.
Prohibited Trading Strategies
MyFlashFunding prohibited the following strategies:
- Platform or data freezing due to a demo server error.
- Trading with delayed data feeds or charts.
- Tick scalping
- High-frequency trading
- Arbitrage bots
- Reverse arbitrage
- Latency arbitrage
- Hedge arbitrage
- Any emulator-based strategies.
Payout Methods
MyFlashFunding supported multiple payout methods which included Crypto, Deel, PayPal, and Wire/Bank Transfers.
Trading Commissions
Trading Commissions set by MyFlashFunding were as follows:
- Forex/Metals: $7 per lot
- Indices/Crypto/Oil: $0 per lot
IP Rule
MyFlashFunding had not mentioned any IP Rule on their platform.
MyFlashFunding Challenge Account Pricing
2-Step
Pricing
Size: $10000 ($97)
Size: $25000 ($187)
Size: $50000 ($297)
Size: $100000 ($497)
Size: $200000 ($977)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
8%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
6%-6%
Daily Loss
4%
1-Step
Pricing
Size: $10000 ($107)
Size: $25000 ($207)
Size: $50000 ($307)
Size: $100000 ($507)
Size: $200000 ($1007)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
6%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
10%
Daily Loss
4%
Frequently Asked Questions
Reviews

Good propfirm.Customer support is Excellent.Targets are achievable and they dont have any hidden rules to deny your funded accounts or payouts
Jerin Joseph

worst firm, ceo is full of lies and still have not paid 100s of traders their money, and he breach account of anyone who makes a good payout saying the risked more, even tho they have no rule on risk. Trading conditions are even worse, avoid the scam and go for other option not with my trash funding.
Arsh arsh

worst firm, ceo is full of lies and still have not paid 100s of traders their money, and he breach account of anyone who makes a good payout saying the risked more, even tho they have no rule on risk. Trading conditions are even worse, avoid the scam and go for other option not with my trash funding.
Arsh arsh
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Global Rank
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