Compare My Forex Funds with Other Prop Firms!

Today, we will compare My Forex Funds with other prop firms to help you make a choice.

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3 years ago 0 3391

Compare My Forex Funds with Other Prop Firms!

My Forex Funds is a proprietary trading firm founded in July 2020 whose CEO is Murtuza Kazmi. Since My Forex Funds has many members from various nations and cultures, Murtuza Kazmi enjoys working there because he constantly learns new things. Their headquarters are in Toronto, Canada. They offer undercapitalized traders to get funded, as well as the opportunity to work with up to $2,020,000 capital and earn up to 90% profit splits. Today, we will compare My Forex Funds with other prop firms to make it easier for you.

So, My Forex Funds offers its traders three different programs to choose from:

Rapid program accounts
Evaluation program accounts
Accelerated program accounts

Compare My Forex Funds with Other Prop Firms

The firm My Forex Funds has traders trading from their capital from all over the world. We thought it would be great for our readers to see what they offer compared to other prop firms. So, we have decided to compare two-step evaluation programs between My Forex Funds and other leading prop firms.

My Forex Funds and FTMO:

Trading Objectives	My Forex Funds	FTMO
Phase 1 Profit Target	8%	10%
Phase 2 Profit Target	5%	5%
Maximum Daily Loss	5%	5%
Maximum Loss	12%	10%
Minimum Trading Days	5 Calendar Days	10 Calendar Days
Profit Splits	75% up to 90%	80% up to 90%

My Forex Funds and True Forex Funds:

Trading Objectives	My Forex Funds	True Forex Funds
Phase 1 Profit Target	8%	8%
Phase 2 Profit Target	5%	5%
Maximum Daily Loss	5%	5%
Maximum Loss	12%	10%
Minimum Trading Days	5 Calendar Days	5 Calendar Days
Profit Splits	75% up to 90%	80%

My Forex Funds and The Funded Trader:

Trading Objectives	My Forex Funds	The Funded Trader
Phase 1 Profit Target	8%	10%
Phase 2 Profit Target	5%	5%
Maximum Daily Loss	5%	6%
Maximum Loss	12%	12%
Minimum Trading Days	5 Calendar Days	5 Calendar Days
Profit Splits	75% up to 90%	80% up to 90%

Compared to other industry-leading prop firms, they have relatively low-profit targets and minimum trading days. So, they are a great choice to start with. But before starting, don’t forget the 5% discount Forex Prop Reviews offers. Use our discount code (forexpropreviews5) to get it. And for a better understanding of My Forex Funds and the programs they offer, read the review.