MyFundedFX Review 2026
Multi-platform access with aggressive promo pricing.
Quick Facts
- Founded
- 2022
- Headquarters
- Dubai, UAE
- Market
- Forex & CFD
- Platforms
- MT4, MT5, DXtrade, cTrader, Match-Trader
- Account sizes
- $5,000 – $300,000
- Minimum fee
- $49
- Profit split
- 80% (up to 90% with scaling)
- Payouts
- Bi-weekly
- Challenge model
- 1-step OR 2-step
Challenge Rules Breakdown
| Program | Profit Target | Max DD | Daily DD | Min Days | Time Limit | DD Type |
|---|---|---|---|---|---|---|
| FTMO Phase 1 (Challenge) | 10% | 10% | 5% | 4 | 30 days | static |
| FTMO Phase 2 (Verification) | 5% | 10% | 5% | 4 | 60 days | static |
Pros
- Wide platform support including Match-Trader and DXtrade
- Aggressive promo discounts — frequent 30-50% off coupons
- Both 1-step and 2-step options under one account
- Allows news trading and EAs
Cons
- Younger than top-tier firms — payout reputation still building
- Customer support volume often spikes around month-end payouts
- Some platforms have higher spreads than industry average
Who Is MyFundedFX Best For?
Traders who want platform variety (Match-Trader / DXtrade) and frequent discounts
Test Your Strategy Against MyFundedFX Rules
JPTradingCapital's backtest engine runs your EA or manual strategy against MyFundedFX's exact Phase 1 rules and shows whether you would have passed — before you spend a cent on a challenge.
Compare MyFundedFX Side-by-Side
Frequently Asked Questions
How much does the MyFundedFX challenge cost?
MyFundedFX challenges start at $49 for the smallest account size and scale up to multiple hundreds of dollars for larger accounts. The fee covers the evaluation phase only — passing converts you to a funded account where you keep 80% (up to 90% with scaling) of profits.
Does MyFundedFX allow Expert Advisors (EAs)?
MyFundedFX permits algorithmic trading and Expert Advisors on most account types. Check their specific rules around news trading, scalping below 10 seconds, and high-frequency strategies — these often have additional restrictions even when EAs are allowed.
What is MyFundedFX's profit split?
MyFundedFX offers a 80% (up to 90% with scaling) profit split on funded accounts. Payouts are processed bi-weekly.
What platforms does MyFundedFX support?
MyFundedFX supports MT4, MT5, DXtrade, cTrader, Match-Trader. This determines which EAs and trading systems you can run — most strategies developed for MT4/MT5 will port across firms with the same platform support.
Is MyFundedFX a legitimate prop firm?
MyFundedFX was founded in 2022 and is headquartered in Dubai, UAE. They are a newer entrant — verify recent payout reports and trader reviews on TrustPilot before committing. Always check the most recent payout proofs on third-party communities like Reddit /r/Forex and /r/algotrading.
Can I test my strategy against MyFundedFX's rules before paying?
Yes. JPTradingCapital's Prop Firm Checker tests your backtest against MyFundedFX's exact Phase 1 ruleset (profit target, max DD, daily DD, time limit, consistency). See whether you would have passed before spending $49+ on a real challenge.