Myfundedfx propfirm Details (discount code: POPA)
Myfundedfx, with a commitment to transparency and trader success, stands out as a beacon of opportunity, offering not only competitive funding options but also a robust support system designed to nurture traders at every level, empowering them to harness their skills and achieve financial independence.
Myfundedfx propfirm details
In the fast-paced world of proprietary trading,Myfundedfx has emerged as a promising option for traders seeking funding opportunities.Myfundedfx has quickly gained traction among traders since its inception in 2022 with aim to provide aspiring traders with robust funding opportunities and a supportive trading environment. Below is an overview of Myfundedfx Programs:
All About Myfundedfx
. Year Established: June 2022
. Country: USA
. Address: headquarters at 100 cresent court sure 700,Dallas,TX 75201
. Ceo: peter leech
. Trading instruments: stocks,commodities,forex,indices
. News Trading: Prohibited 3 Minutes before and after high impact news
. Trading platforms: mt4,mt5 & Dx Trade
. Trading Broker: Purple Trading Seychelles & Quality Fx Ltd
. Trustpilot Rating: 4.3/5
. Max capital Allocation: $400,000
. Trading Competition: Yes
. Discord: Yes
Programs offered by myfundedfx
Myfundedfx provides four distinct funding plans that are tailored to accommodate a wide range of trading personalities, degrees of experience, and appetites for risk, providing you with access to considerable money and clear profit-sharing structures.
1-Step Funding Program
. Profit target:10%
. Daily loss:4%
. Max loss:6%
. Minimum profitable days: 3 days
. Max trading days:unlimited
. Leverage: 30:1
. Profit Splits: 80% (90% with add-on)
. Payout Frequency: Bi-Weekly (14 days)
Account sizes and prices
. $5,000: $50
. $10,000: $100
. $25,000: $200
. $50,000: $300
. $100,000: $500
2-Step Funding Program
. Profit target: phase 1: 8%, phase 2: 5%
. Max Daily loss: 5%
. Max loss: 8%
. Minimum profitable days: 3 days
. Max trading days: unlimited
. Leverage: 30:1
. Profit Splits: 80% (90% with add-on)
. Payout Frequency: Bi-Weekly (14 days)
. Trading period: Unlimited
Account sizes and prices
. $5,000: $50
. $10,000: $100
. $25,000: $200
. $50,000: $300
. $100,000: $500
2-Step Max Funding Program Details
. Profit target: phase 1: 10%, phase 2: 5%
. Max Daily loss Limit: Phase 1: 5%, Phase 2: 4%, Funded: 4%
. Max Overall loss: Phase 1: 10%, Phase 2: 8%, Funded: 8%
. Minimum profitable days: 3 days
. Max trading days: unlimited
. Leverage: 30:1
. Profit Splits: 80% (90% with add-on)
. Payout Frequency: Bi-Weekly (14 days)
. Trading period: Unlimited
. Overnight & Weekend Holding: Allowed
Account sizes and prices
.$5,000: $38
.$10,000: $75
.$25,000: $140
.$50,000: $210
.$100,000: $425
3-Step Funding Program
. Profit target: phase 1: 6%, phase 2: 6%, Phase 3: 6%
. Max Daily loss Limit: 4%
. Max Overall Loss: 8%
. Minimum days: 1 day
. Max trading days: unlimited
. Leverage: 30:1
. Profit Splits: 80%
. Payout Frequency: 5 days
. Trading period: Unlimited
Account sizes and prices
. $10,000: $70
. $25,000: $150
. $50,000: $225
. $100,000: $375
Prohibited strategies
-Copy trading over multiple accounts using market-purchased EAs -Reverse trading or Group hedging -Account management -HFTsRestricted Countries
Cuba,Iran,Lebanon,Syria,North Korea,Libya,,Russia,Sudan,Somalia,South Sudan,Somalia,South Sudan,pakistan,Vietnam,United Arab Emirates,Hongkong,Belarus,Myanmar,Central African Republic,Democratic Republic Of Congo,Congo,Ethiopia,Iraq,Nicaragua,Venezuela,Yemen,Phillipines,Kenya,Algeria,moroccoPayouts Methods with Myfundedfx
Exploring the Advantages and Disadvantages of MyFundedFX: Is It the Right Prop Firm for You?
Pros
Multiple (5) funding programs
Account sizes up to 200 000$
leverage upto 1:100
First payout after 7 or 14 days (depending on program)
80% profit split
Balance-based drawdown
Overnight and weekend holding allowed
No maximum trading days
Large variety of trading instruments available (Forex pairs,crypto pairs,commodities and indices available)
Cons
