In this article, we will be making a general and two-step comparison between My Forex Funds and Leveled Up Society.
My Forex Funds & Leveled Up Society Two-step Comparison
In this article, we will be making a general and two-step comparison between My Forex Funds and Leveled Up Society. We will compare the two mentioned proprietary trading firms in general and what they are offering to forex traders worldwide.
Company Details
| Company Details | My Forex Funds | Leveled Up Society |
|---|---|---|
| Incorporation Date | July 2020 | June 2022 |
| CEO | Murtuza Kazmi | Cristhian Gonzalez |
| Office Location | Toronto, Canada | Miami, United States |
| Maximum Allocation Capital | 2x $300,000 | $400,000 |
My Forex Funds and Leveled Up Society are both reliable and trustworthy proprietary trading firms. My Forex Funds was incorporated in July 2020, while Leveled Up Society started operating in June 2022. When it comes to CEOs, Murtuza Kazmi is the CEO of My Forex Funds, while Leveled Up Society is being run by Cristhian Gonzalez. My Forex Funds has offices located in Toronto, Canada, while Leveled Up Society has its headquarters in Miami, United States. And lastly, when it comes to the maximum allocation capital, traders can manage 2x $300k two-step evaluation accounts with My Forex Funds, while with Leveled Up Society, traders can obtain funding up to $400k. Note that both proprietary trading firms also have a scaling plan.
Funding Program Options
| Funding Program Options | My Forex Funds | Leveled Up Society |
|---|---|---|
| One-step Evaluation | ✅ | ✅ |
| Two-step Evaluation | ✅ | ✅ |
| Instant Funding | ✅ | ❌ |
My Forex Funds and Leveled Up Society both offer multiple funding programs to forex traders worldwide. My Forex Funds offers a unique one-step evaluation, a two-step evaluation, and an instant funding program. Leveled Up Society, on the other hand, offers a one-step evaluation and a two-step evaluation.
That being said, let’s take a look at the comparison of the two-step evaluation programs.
Two-step Comparison:
| Trading Rules/Objectives | My Forex Funds | Leveled Up Society |
|---|---|---|
| Phase 1 Profit Target | 8% | 8% |
| Phase 2 Profit Target | 5% | 5% |
| Daily Drawdown | 5% | 5% |
| Overall Drawdown | 12% | 8% |
| Leverage | 1:100 | 1:100 |
| Minimum Trading Days | 5 calendar days | 5 calendar days |
| Trading Period | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited |
| Profit Split | 75% up to 90% | 80% |
Now that we have covered all the rules and guidelines of the two-step evaluation. Let’s take a closer look at prices.
| Account Size | My Forex Funds | Leveled Up Society |
|---|---|---|
| $5,000 | $49 | ❌ |
| $10,000 | $84 | $89 |
| $20,000 | $139 | ❌ |
| $25,000 | ❌ | $149 |
| $50,000 | $299 | $269 |
| $100,000 | $499 | $539 |
| $200,000 | $979 | $1,069 |
| $300,000 | $1,389 | ❌ |
Brokers & Trading Platforms
After covering all the trading objectives, rules, and pricing, let’s take a closer look at brokers and trading platforms that we can use with each proprietary trading firm.
| My Forex Funds | Leveled Up Society | |
|---|---|---|
| Broker | Traders Global Group | Eightcap |
| Trading Platform | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5 |
Trading Instruments
Another important factor when comparing proprietary trading firms is trading instruments. Below you can see which trading instruments we can trade with My Forex Funds and Leveled Up Society.
| Trading Instrument | My Forex Funds | Leveled Up Society |
|---|---|---|
| Forex Pairs | ✅ | ✅ |
| Commodities | ✅ | ✅ |
| Indices | ✅ | ✅ |
| Crypto | ✅ | ✅ |
Community Feedback
The last topic we will go through is community feedback from My Forex Funds and Leveled Up Society. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.
| Trustpilot Statistics | My Forex Funds | Leveled Up Society |
|---|---|---|
| Rating | 4.8/5 | 3.7/5 |
| Number of Reviews | 16,913 | 1,134 |
My Forex Funds has a rating of 4.8/5 out of a total of 16,913 reviews, while Leveled Up Society has a rating of 3.7/5 out of 1,134 reviews. Based on the statistics, we can clearly see that My Forex Funds is the more popular proprietary trading firm at the moment.
Conclusion
In conclusion, My Forex Funds and Leveled Up Society are two excellent proprietary trading firm choices for any trader. We can see some clear differences regarding the trading rules and objectives, prices, and community feedback. In addition, we can also see that there is a difference regarding funding program options since My Forex Funds offers the following three: one-step evaluation, two-step evaluation, and instant funding. On the other hand, Leveled Up Society offers a one-step evaluation and a two-step evaluation.
We will be ending the comparison with our special discount codes for each of the two compared proprietary trading firms. You can find both discount codes below!
My Forex Funds 5% active discount code: forexpropreviews5
Leveled Up Society 5% active discount code: FOREXPROPREVIEWS
This comparison was lastly updated on 11.08.2023 at 12:58 (CE(S)T).
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