Register Now!
Sign in

Sign in

Register Now!

FOREX Funded Account Evaluation

Our Forex Funded Account Evaluation program is built for FOREX traders to prove their skills. Semi-professional traders in need of capital to move to the next level of their career, have the opportunity to show their talent and reach their goals in a quick, two phase process and join our FOREX Prop Firm and become a funded trader.

Introduction to our Prop Firm evaluation

Our evaluation program is a two-step process where a potential Funded trader can prove their FOREX, CFD or commodities trading skills. Like our rapid trading accounts, evaluation trading account sizes range from $10k to $200k 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 600k in capital from evaluation accounts but only 300k per trading account.

Through the MyForexFunds evaluation trading account process, we hope to identify serious FOREX Prop Firm traders who display the trading skills required to be successful with a FOREX Prop Firm. Stay consistent, accurate and maintain proper trading risk management skills and we will reward you. Prove your worth and jump to a funded account in as little as 10 days. Or take it easy and pass within 90 days. Its’ up to you!

Don’t like Evaluations?
Skip the process with our Funded FOREX Accelerated program

Learn More
MFF Rules

6 points to remember

1

5% Daily Drawdown

You must not have a 5% drawdown based on your balance or equity (whichever is higher) on your FOREX trading account within a 24 hour period starting at 5pm EST.

2

12% Overall Drawdown

Your FOREX trading 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

3

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 on your FOREX trading account.

4

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 a breach of any of the other rules within a 60 calendar day period. Your time starts when you open your first trade on your FOREX trading account

5

5 trading day minimum

You must trade a minimum of 5 trading days to pass the Prop Firm evaluation. This shows us your ability to be patient and your FOREX trading habits, enabling us to profile your style and skills.

6

No trading restrictions

Trade your FOREX Prop firm account 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. Be aware of all rules before starting.

Read all rules
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, hold trades over weekends, scalp, swing, trend. Its up to you! Pick your product whether it be FOREX, Metals, CFD's or crypto 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.

Rapid
Accelerated
Close
Evaluation
$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

5 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

Select Plan
Select Plan
Select Plan
Select Plan
Select Plan
$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

Select Plan
$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

Select Plan
$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

Select Plan
$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

Select Plan
$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

No Monthly Fees

Select Plan
logobottom
Trustpilot
Facebook Twitter Instagram Discord

MyForexFunds does not directly solicit customers from Canada. People who register for our programs do so at their own volition. MyForexFunds does not take into consideration your personal financial situation. If you require financial advice, it is recommended that you speak to a financial adviser or licensed professional. MyForexFunds does not act as or conduct services as a broker. MyForexFunds does not act as or conduct services as a custodian.

Purchases of programs should not be considered deposits. All program fees are used for operation costs including, but not limited to, staff, technology and other business related expenses.

© My Forex Funds 2022

Programs

Rapid

Evaluation

Accelerated

About

FAQ

Contact

Privacy Policy

Terms Of Service

Risk Disclosure