Evaluation – myforexfunds

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. Evaluation trading account sizes range from $5k to $300k 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 enjoy the freedom of no time limits on both the first two phases and pass at your own pace. It is up to you!

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

MFF rules

1 5% Daily Drawdown

You must not have a 5% drawdown based on your balance or equity 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 the initial balance.

For Overall Drawdown:

Drawdown % = [1- (lowest equity or balance for the day) / (initial balance of the account) ] x 100

3 8% profit target phase 1

You need to reach the profit target of 8% without breaching any of the other rules.

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.

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.

Evaluation Program Benefits

6 points to remember

01 Up to 85% profit split

Get paid up to 85% of profits you earn when you reach the funded account stage

02 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

03 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.

06 Get your fees back!

If you reach your first payout of your live account you will receive a full refund plus your profit split!

05 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.

04 No Maximum Trading days

Enjoy the freedom of no time limits on both the first two phases and explore market opportunities at your own pace.

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 via Deel (Bank transfer, Paypal,
transferwise) or Cryptocurrency.

Document

FOREX Funded Account Evaluation

Introduction to our Prop Firm evaluation

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

MFF rules

1

5% Daily Drawdown

You must not have a 5% drawdown based on your balance or equity 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 the initial balance.

For Overall Drawdown:

Drawdown % = [1- (lowest equity or balance for the day) / (initial balance of the account) ] x 100

3

8% profit target phase 1

You need to reach the profit target of 8% without breaching any of the other rules.

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.

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.

Evaluation Program Benefits

6 points to remember

01

Up to 85% profit split

Get paid up to 85% of profits you earn when you reach the funded account stage

02

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

03

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.

06

Get your fees back!

If you reach your first payout of your live account you will receive a full refund plus your profit split!

05

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.

04

No Maximum Trading days

Enjoy the freedom of no time limits on both the first two phases and explore market opportunities at your own pace.

Profit-sharing

?How, When & What

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