MyFundedFx “Minimum Profitable Day Rule,” which mandates that traders need only achieve 3 profitable.
MyFundedFx “Minimum Profitable Day Rule,” which mandates that traders need only achieve 3 profitable.
MyFundedFx has introduced the “Minimum Profitable Day Rule.” Effective immediately, this new rule mandates that traders need only achieve three profitable days with gains of at least 0.5% of their initial balance until they hit their profit target and pass the evaluation phase. These profitable days do not need to be consecutive.
This update applies to all new accounts created after the announcement date, encompassing newly purchased accounts and Phase 2 accounts for those who have successfully completed Phase 1. It impacts the 1-step, 2-step, and 2-step MAX challenges during the evaluation phase, while the live simulated phase remains unaffected.
The introduction of the “Minimum Profitable Day Rule” is part of MyFundedFx’s efforts to support traders in reaching their goals and succeeding within the competitive industry of proprietary trading. By lowering the bar to just three profitable days of at least 0.5% gains, MyFundedFx aims to provide traders with a more flexible and achievable pathway to success.
This rule change is going to benefit new traders looking to establish themselves and seasoned traders seeking to demonstrate their profitability in a structured environment. MyFundedFx continues to refine its offerings to align with the needs of its community and foster a supportive ecosystem for trader growth and development.
MyFundedFx’s introduction of the “Minimum Profitable Day Rule” marks an important step towards making proprietary trading more accessible and achievable for its traders. By requiring just three profitable days with gains of at least 0.5%, this rule lowers the barrier to success during the evaluation phase.
Also, not meeting the requirement is not a breach; you simply do not pass until it is met. All requirements must be met before you can pass your evaluation or challenge account.
As MyFundedFx continues to innovate and adapt, traders can look forward to more opportunities and support in their pursuit of success within the proprietary trading industry.
MyFundedFX offers traders five different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm’s capital, meaning that they will cover all losses.
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