Evaluation
Our Evaluation program is built for traders to prove their worth. Semi-professional traders in need of capital to move to the next step of their career have the opportunity to show their talent and reach their goals in a quick, two phase process.
Introduction
Our evaluation program is a two-step process where a trader is able to prove their FOREX, CFD or commodities trading skills. Like our rapid accounts, evaluation sizes range from $10k to $100k with profit-split payouts occurring once a month on the first month and then bi-weekly from that point on. A trader can have up to 300k in capital from evaluation accounts
Through our My Forex Funds evaluation process, we hope to identify serious traders with serious talent. Stay consistent and accurate and we will reward you. Prove your worth and jump to a funded account in as little as 20 days. Or take it easy and pass within 30 days. Its up to you!
Don’t like Evaluations?
Skip the process with our Accelerated program
MFF Rules
6 points to remember
5% Daily Drawdown
You must not have a 5% drawdown based on your balance or equity on your account within a 24 hour period starting 00:00 server time.
12% Overall Drawdown
Your account must not go down by 12% (realized/unrealized) to balance or equity.
Always remember:
Drawdown % = [1 - (lowest equity or balance for the day) / (starting equity or balance for the day) ] X 100
8% profit target phase 1
You need to reach the profit target of 8% without breaching any of the other rules within a 30 calendar day period. Your time starts when you open your first trade
5% profit target phase 2
If you successfully complete phase 1, you will need to start on phase 2, where you are required to reach a profit target of 5% without breach any of the other rules within a 60 calendar day period. Your time starts when you open your first trade.
10 trading day minimum
You must trade a minimum of 10 trading days in order to pass the evaluation. This shows us your ability to be patient and your trading habits, enabling us to profile your style.
No trading restrictions
Trade your way, your size, your time. We do not limit the way you can trade. We do recommend that you maintain consistency and focus on risk management as it is important for long term success.
Evaluation Program Benefits
Up to 85% profit split
Get paid up to 85% of profits you earn when you reach the funded account stage
Lowest targets in the market!
At just 8% for phase 1 and 5% for phase 2 we are the most competitive option in the market
A low cost high quality option!
We offer our programs at a reasonable cost with the highest of quality. Our programs won’t break your budget.
Free retakes and one free extension
In profit but didn’t reach the target? No problem, if you are consistent we can extend your evaluation period of phase 1 if you need a little time. If you aren’t consistent, we have unlimited free retakes for the traders who finish the 30 days in profit with no breaches
No trading restrictions
Trade news, trade on the weekends, scalp, swing, trend. Its up to you! Pick your product whether it be FOREX, Metals or CFD’s and make the trades that you prefer.
Get your fees back!
If you reach your first payout of your live account you will receive a full refund plus your profit split!
Profit-sharing
How, When & what?
You are paid 75% of your profit after the first month of trading. In your second month you are paid 80% of your profit bi-weekly. On the third month you will receive 85% of your profit bi-weekly from that point onwards. Profit-sharing is paid out using bank transfer, paypal, transferwise or cryptocurrency.
$10,000
$20,000
$50,000
$100,000
$200,000
Target
% Target profit in each phase needed to proceed to the next phase
Phase I - Evaluation Phase = 8%
Phase II - Establishment Phase = 5%
Minimum Trading Days
A trader must enter or execute a trade once a day for 10 days within 30 calender days. First day will be counted from the day first trade is placed. There are no maximum limits to this rule
10 days
Daily Starting Drawdown
A trader must not loose more then 5% of daily starting equity. Drawdown % = [1 - (lowest equity for the day) / (starting equity for the day) ] X 100.A trader will have more drawdown if the account is in positive and less if it is in negative
$500
$1,000
$2,500
$5,000
$10,000
Overall Drawdown
A trader must not loose more then 12% of starting equity. This number is static and does not follow the equity of the account.
$1,200
$2,400
$6,000
$12,000
$24,000
Available Leverage
All accounts have 1:100 leverage in evaluation and live phase
1:100
Refundable Registration Fee
All fees are refunded with your first live withdrawal of live account
$84
$139
$299
$499
$979
Monthly Fees
There are No Monthly Fees for Evaluation Model
No Monthly Fees
$10,000
Target
% Target profit in each phase needed to proceed to the next phase
Phase I - Evaluation Phase = 8% Phase II - Establishment Phase = 5%
Minimum Trading Days
A trader must enter or execute a trade once a day for 10 days within 30 calender days. First day will be counted from the day first trade is placed. There are no maximum limits to this rule
10 days
Daily Starting Drawdown
A trader must not loose more then 5% of daily starting equity. Drawdown % = [1 - (lowest equity for the day) / (starting equity for the day) ] X 100.A trader will have more drawdown if the account is in positive and less if it is in negative
$500
Overall Drawdown
A trader must not loose more then 12% of starting equity. This number is static and does not follow the equity of the account.
$1,200
Available Leverage
All accounts have 1:100 leverage in evaluation and live phase
1:100
Refundable Registration Fee
All fees are refunded with your first live withdrawal of live account
$84
Monthly Fees
There are No Monthly Fees for Evaluation Model
No Monthly Fees
$20,000
Target
% Target profit in each phase needed to proceed to the next phase
Phase I - Evaluation Phase = 8% Phase II - Establishment Phase = 5%
Minimum Trading Days
A trader must enter or execute a trade once a day for 10 days within 30 calender days. First day will be counted from the day first trade is placed. There are no maximum limits to this rule
10 days
Daily Starting Drawdown
A trader must not loose more then 5% of daily starting equity. Drawdown % = [1 - (lowest equity for the day) / (starting equity for the day) ] X 100.A trader will have more drawdown if the account is in positive and less if it is in negative
$1,000
Overall Drawdown
A trader must not loose more then 12% of starting equity. This number is static and does not follow the equity of the account.
$2,400
Available Leverage
All accounts have 1:100 leverage in evaluation and live phase
1:100
Refundable Registration Fee
All fees are refunded with your first live withdrawal of live account
$139
Monthly Fees
There are No Monthly Fees for Evaluation Model
No Monthly Fees
$50,000
Target
% Target profit in each phase needed to proceed to the next phase
Phase I - Evaluation Phase = 8% Phase II - Establishment Phase = 5%
Minimum Trading Days
A trader must enter or execute a trade once a day for 10 days within 30 calender days. First day will be counted from the day first trade is placed. There are no maximum limits to this rule
10 days
Daily Starting Drawdown
A trader must not loose more then 5% of daily starting equity. Drawdown % = [1 - (lowest equity for the day) / (starting equity for the day) ] X 100.A trader will have more drawdown if the account is in positive and less if it is in negative
$2,500
Overall Drawdown
A trader must not loose more then 12% of starting equity. This number is static and does not follow the equity of the account.
$6,000
Available Leverage
All accounts have 1:100 leverage in evaluation and live phase
1:100
Refundable Registration Fee
All fees are refunded with your first live withdrawal of live account
$299
Monthly Fees
There are No Monthly Fees for Evaluation Model
No Monthly Fees
$100,000
Target
% Target profit in each phase needed to proceed to the next phase
Phase I - Evaluation Phase = 8% Phase II - Establishment Phase = 5%
Minimum Trading Days
A trader must enter or execute a trade once a day for 10 days within 30 calender days. First day will be counted from the day first trade is placed. There are no maximum limits to this rule
10 days
Daily Starting Drawdown
A trader must not loose more then 5% of daily starting equity. Drawdown % = [1 - (lowest equity for the day) / (starting equity for the day) ] X 100.A trader will have more drawdown if the account is in positive and less if it is in negative
$5,000
Overall Drawdown
A trader must not loose more then 12% of starting equity. This number is static and does not follow the equity of the account.
$12,000
Available Leverage
All accounts have 1:100 leverage in evaluation and live phase
1:100
Refundable Registration Fee
All fees are refunded with your first live withdrawal of live account
$499
Monthly Fees
There are No Monthly Fees for Evaluation Model
No Monthly Fees
$200,000
Target
% Target profit in each phase needed to proceed to the next phase
Phase I - Evaluation Phase = 8% Phase II - Establishment Phase = 5%
Minimum Trading Days
A trader must enter or execute a trade once a day for 10 days within 30 calender days. First day will be counted from the day first trade is placed. There are no maximum limits to this rule
10 days
Daily Starting Drawdown
A trader must not loose more then 5% of daily starting equity. Drawdown % = [1 - (lowest equity for the day) / (starting equity for the day) ] X 100.A trader will have more drawdown if the account is in positive and less if it is in negative
$10,000
Overall Drawdown
A trader must not loose more then 12% of starting equity. This number is static and does not follow the equity of the account.
$24,000
Available Leverage
All accounts have 1:100 leverage in evaluation and live phase
1:100
Refundable Registration Fee
All fees are refunded with your first live withdrawal of live account
$979
Monthly Fees
There are No Monthly Fees for Evaluation Model
