My Funded FX: Leading Prop Trading Firm in the U.S.
My Funded FX, led by CEO Matthew Leech, is a United States-based proprietary trading firm that has been in business for one year. The firm operates on the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, with ThinkMarkets and Blueberry Markets as their brokers.
Why Choose My Funded FX?
Advanced Trading Platforms: My Funded FX utilizes MT4 and MT5, offering traders industry-leading tools and a robust trading environment.
Flexible Account Sizes: With account sizes ranging from $5,000 to $300,000, My Funded FX caters to both novice and experienced traders, accommodating various levels of capital and expertise.
Diverse Evaluation Process
My Funded FX offers a structured evaluation process with both 1 Step and 2 Step phases:
- 1 Step Evaluation: Achieve a 10% profit target.
- 2 Step Evaluation:
- Phase 1: Achieve an 8% profit target.
- Phase 2: Achieve a 5% profit target.
Risk Management: The maximum total drawdown varies between 6% and 10%, depending on the challenge, promoting disciplined trading practices and effective risk management.
Diverse Trading Instruments
My Funded FX offers a wide range of trading instruments, allowing traders to diversify their strategies:
- Forex: High leverage of 1:100 for major and minor currency pairs.
- Metals:
- Gold (XAU) with leverage of 1:80.
- Silver (XAG) with leverage of 1:25.
- Commodities:
- Oil markets with leverage of 1:40.
- Indices: Leverage of 1:20 for major global indices.
- Cryptocurrencies:
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Litecoin (LTC)
- Ethereum (ETH) with leverage of 1:2.
Leverage Options
My Funded FX provides competitive leverage options tailored to different asset classes, enabling traders to maximize their trading potential:
- Forex: 1:100
- Metals: Gold at 1:80, Silver at 1:25
- Commodities: Oil at 1:40
- Indices: 1:20
- Cryptocurrencies: 1:2
A Promising Opportunity for Traders
My Funded FX offers a promising opportunity for traders seeking to excel in the financial markets. With access to advanced trading platforms, a comprehensive evaluation process, and a diverse range of trading instruments, My Funded FX is well-equipped to support traders in achieving substantial success. The firm's commitment to providing competitive leverage options and robust risk management practices makes it a standout choice in the prop trading industry.