My Funded FX Review 2025: A Leading Proprietary Trading Firm
My Funded FX is a fast-emerging proprietary trading firm, offering traders access to significant capital, robust evaluation processes, and innovative scaling plans. Designed to cater to both beginner and professional traders, My Funded FX combines affordable evaluation fees with comprehensive risk management rules. With support for industry-standard trading platforms like MT5, cTrader, Match-Trader, and DX Trade, My Funded FX has solidified its reputation as a versatile and trader-friendly prop trading firm.
In this review, we’ll explore My Funded FX’s evaluation models, scaling opportunities, profit splits, tradable assets, and customer support, while comparing it to competitors like FTMO and E8 Markets.
My Funded FX Review: Pros & Cons
- Flexible evaluation models catering to different trading styles.
- Affordable and refundable fees starting at $38.
- Clear scaling opportunities, allowing growth up to $1,000,000.
- 24/7 customer support for all traders.
- Industry-standard trading platforms (MT5, cTrader, Match-Trader, DX Trade).
- Limited range of tradable assets compared to larger firms.
- Profit splits capped at 80%.
- Strict risk management rules may challenge aggressive traders.
- Fewer educational resources compared to competitors.
- Scaling applies to simulated accounts only.
My Funded FX Evaluation Process
| Evaluation Steps | Account Sizes | Fee | Profit Target | Profit Split | Daily Loss Limit | Max Loss Limit |
|---|---|---|---|---|---|---|
| 1-Step | $5,000 – $100,000 | $50 – $500 | 10% | 80% | 4% | 6% |
| 2-Step | $5,000 – $100,000 | $50 – $500 | Phase 1 – 8% Phase 2 – 5% | 80% | 5% | 8% |
| 2-Step Max | $5,000 – $100,000 | $38 – $425 | Phase 1 – 10% Phase 2 – 5% | 80% | Phase 1 – 5% Phase 2 – 4% | Phase 1 – 10% Phase 2 – 8% |
| 3- Step | $10,000 – $100,000 | $70 – $375 | Phase 1 – 6% Phase 2 – 6% Phase 3 – 6% | 80% | 4% | 8% |
Key Features of the Evaluation Process:
Affordable Fees: My Funded FX offers some of the lowest fees in the proprietary trading space, starting at $38 for smaller accounts and scaling up to $500 for larger accounts. Fees are refundable upon successful completion of the evaluation process.
Realistic Profit Targets:
- 1-Step Model: Requires a 10% profit target.
- 2-Step Model: Phase 1 requires 8%, and Phase 2 requires 5%.
- 3-Step Model: Each phase requires a manageable profit target of 6%.
Strict Risk Management:
- Daily Loss Limits: Capped at 4%-5%, depending on the model.
- Max Loss Limits: Set at 6%-10%, ensuring traders adopt disciplined strategies.
Refundable Fees: Successful traders are refunded their evaluation fees, adding value to the program.
Profit Splits
With My Funded FX, traders retain 80% of their profits, offering a solid return on your trading efforts. While some competitors offer up to 90% or even 100%, the consistent profit-sharing model ensures transparency and fairness. Payout will be provided in 14 days for 1, 2 and 2-Step Max but for 3- Step you can get the payout in 5 days.
Scaling Plans
My Funded FX provides a structured scaling plan designed to help traders grow their accounts systematically. The plan allows traders to scale their simulated accounts up to $1,000,000, or 5x their initial balance.
Scaling Plan Mechanics
Scaling Amount: Traders can increase their account balance by 25% of the initial simulated balance every three months.
Eligibility Requirements:
- Achieve a total net profit of 12% or more over a 90-day period.
- Previous withdrawals do not affect the eligibility for scaling.
Requesting Scaling:
After meeting the profit target, submit a scaling request to My Funded FX. Example:
- Month 1: Profit 6%, withdraw profits.
- Month 2: Profit 4%, withdraw profits.
- Month 3: Profit 2%, withdraw profits and request scaling.
The scaling plan ensures that traders have consistent opportunities for growth while maintaining disciplined trading practices.
Fees and Pricing
My Funded FX offers transparent pricing, with fees that vary based on account size and evaluation model. All fees are refundable upon program completion.
| Account Size | 1-Step | 2-Step | 2-Step Max | 3-Step |
|---|---|---|---|---|
| $5,000 | $50 | $50 | $38 | – |
| $10,000 | $100 | $100 | $75 | $70 |
| $25,000 | $200 | $200 | $140 | $150 |
| $50,000 | $300 | $300 | $210 | $225 |
| $100,000 | $500 | $500 | $425 | $375 |
Trading Platforms
My Funded FX supports some of the industry’s most advanced trading platforms, ensuring a seamless trading experience for all types of traders.
MetaTrader 5 (MT5): Advanced multi-asset trading capabilities with robust charting and algorithmic trading options.
cTrader: A professional-grade platform offering superior charting tools and algorithmic trading support through cAlgo.
Match-Trader: Known for its customizable performance metrics and intuitive interface.
DX Trade: A modern platform designed for flexibility and precision in multi-asset trading.
Tradable Assets
My Funded FX offers access to a limited but focused range of high-liquidity instruments:
- Forex: Major, minor, and exotic currency pairs for diverse trading strategies.
- Indices: Popular global indices like NASDAQ 100, S&P 500, and UK 100.
- Commodities: Limited options including gold and crude oil, ideal for diversifying portfolios.
Competitor Comparison
| Feature | My Funded FX | FTMO | E8 Markets |
|---|---|---|---|
| Profit Split | 80% | 80% – 90% | Up to 100% |
| Evaluation Steps | 1-Step, 2-Step and 3-Step | 2-Step | 1-Step, 2-Step and 3-Step |
| Fees | $38 – $500 | €155 – €1,080 | $48 – $1982 |
| Account Sizes | $5,000 – $100,000 | $10,000 – $200,000 | $5,000 – $400,000 |
| Scaling Plan | 25% growth every 3 months | 25% growth every 4 months | Scaled balance retained after payouts, with drawdowns based on the new balance. |
| Available Platforms | MT5, cTrader, Match Trader and DX Trade | MT4, MT5 and cTrader | Match Trader and cTrader |
Customer Support
My Funded FX provides reliable and accessible customer support:
- Email Support: support@myfundedfx.com
- Phone Support: +1 423 802 4809
- Live Chat: Available 24/7 for real-time assistance.
- Educational Blogs: Offers insights and resources to enhance traders’ skills.
My PP Rating
My Funded FX earned an overall score of 4.5/5, showcasing their strong offerings and customer satisfaction. Here’s the breakdown:
- Programs Offered (4.5/5): My Funded FX provides diverse evaluation models (1-step, 2-step, and 3-step), catering to traders of various skill levels. However, their focus on simulated accounts may deter some traders seeking direct funding.
- Profit Split & Pricing (4.2/5): Competitive profit split of 80% and reasonable evaluation fees ($38-$500) make it attractive. However, no higher splits (90-100%) for exceptional traders may limit its appeal.
- User Experience (4.8/5): Platforms like MT5, Match Trader, cTrader, and DX Trade enhance flexibility for traders. 24/7 customer support and educational blogs are strong points, though more platform-specific customization could improve the experience.
- Support & Education (4.6/5): Excellent customer support via email, live chat, and phone is complemented by educational blogs. However, additional webinars or advanced training tools would further benefit traders.
FAQs
1. What profit split does My Funded FX offer?
My Funded FX provides an 80% profit split across all evaluation models.
2. What platforms does My Funded FX support?
Supported platforms include MT5, cTrader, Match-Trader, and DX Trade.
3. How does My Funded FX’s scaling plan work?
Accounts can grow by 25% every 3 months, with a maximum scaling potential of $1,000,000.
4. Are My Funded FX fees refundable?
Yes, fees are fully refundable upon successful completion of the evaluation process.
5. Does My Funded FX offer 24/7 support?
Yes, their live chat is available 24/7 for all traders.
Conclusion
My Funded FX combines affordability, flexibility, and growth potential to stand out as a reliable proprietary trading firm. With scaling plans of up to $1,000,000, 80% profit splits, and support for top trading platforms, it caters to traders of all experience levels. While its limited tradable assets may deter some, the firm’s competitive pricing and 24/7 customer support ensure a trader-centric approach.
Take the first step toward funded trading success with My Funded FX. Enjoy affordable evaluations, 80% profit splits, and scaling opportunities up to $1,000,000. Sign up now and start your trading journey today!
