Suspended

This firm is currently not accepting traders

Currently not operating. Potential relaunch pending.

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Suspendedforex
3.8

MyForexFunds Review 2026

Updated March 2026

A reliable prop trading firm for consistent traders.

Visit MyForexFunds Compare This Firm

Max Funding

$600K

Profit Split

Up to 85%

Challenge Price

From $84

Min Trading Days

5 Days

3.8/ 5.0

the bottom line.

A top-tier firm with competitive conditions for disciplined traders. Excellent tracking record and scaling options.

Best For

Experienced traders seeking large capital and reliable payouts.

Not Ideal For

Beginners looking for zero-restriction evaluations.

OverviewChallengeRulesPayoutsPros/ConsFAQVerdict

Challenge Price

From $84

Max Funding

$600K

Profit Split

Up to 85%

Daily Drawdown

5%

Max Drawdown

12%

Payout Frequency

5-7 business days

Platforms

MT4, MT5

EA AllowedNo
News TradingNo
US TradersYes

Overview

MyForexFunds was once one of the most popular prop firms but has faced regulatory challenges.

Challenge Structure

Phase 1

Evaluation

10%Profit Target

Prove your trading skills by hitting the initial profit target while respecting drawdown limits.

Phase 2

Verification

5%Profit Target

A secondary test to confirm your consistency with a lower profit requirement.

Funded

Live Account

NoneProfit Target

Trade with firm capital and keep up to 90% of your generated profits.

Trading Rules & Parameters

Rule NameValueTrader Impact

Max Daily Drawdown

Maximum loss allowed in a single day.

5%
Standard

Max Total Drawdown

Maximum overall loss allowed on the account.

12%
Standard

Minimum Trading Days

Minimum active days required before passing.

5 days
Restrictive

News Trading

Trading during high-impact news events.

Restricted
Restrictive

Weekend Holding

Keeping trades open over the weekend.

Restricted
Restrictive

EA / Algorithmic Trading

Using automated trading robots or scripts.

Restricted
Restrictive

Payouts & Profit Split

The Split

85%for you
Trader (85%)
Firm (15%)

Payout Frequency

5-7 business days

Verified payout processing speed based on recent trader reports.

Withdrawal Methods

Crypto, Deel, Bank Wire

BTCUSDTBank Transfer

Pros & Cons

The Good

  • Very affordable entry prices
  • High max funding up to $600K
  • Multiple account types
  • Good educational resources

The Bad

  • Regulatory issues in the past
  • Slower payout processing
  • Stricter trading rules
  • Limited asset coverage
  • Lower Trustpilot score

Who Is MyForexFunds Best For?

Scalper

Great Match

Fast execution and low minimum days suit high-frequency trading.

Swing Trader

Not Recommended

Cannot hold trades over the weekend.

EA/Algo Trader

Not Recommended

Algorithmic trading is strictly prohibited.

News Trader

Not Recommended

Trading restriction around major news releases.

Frequently Asked Questions

See how MyForexFunds stacks up against the competition.

Use our interactive comparison tool to put MyForexFunds head-to-head with other top-rated proprietary trading firms. Find the perfect fit for your strategy.

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The Final Verdict

3.8

MyForexFunds remains a solid choice for serious traders. While the evaluation process can be demanding, the rewards such as a 85% profit split and reliable payouts make it clear why they maintain a 3.8 rating. If you are a disciplined trader seeking a secure firm, MyForexFunds is an excellent destination.

Start MyForexFunds Challenge Take the Firm Match Quiz

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