Hello everyone. We are here again with another Review. As we all know that we listed a new prop firm on our website, MyFlashFunding, so this review is about them. The prop firm is growing rapidly, and it can be hard to see what different prop firms offer. So, we are here to help. Let’s get started.
MyFlashFunding is a proprietary trading firm founded on the 27th of April, 2023, and started operating on the 2nd of August, 2023. Their CEO is Blake Carter. They are a proprietary trading firm that has offices located in the United States.
While working with them, traders are able to merge trading accounts up to $400,000 while additionally scaling their account to a potential $2,000,000. MyFlashFunding allows you to trade through MetaTrader4 or MetaTrader5 while being partnered with ThinkMarkets as their broker.
MyFlashFunding Review- Only 6% Profit Target?
Let’s get into the details. MyFlashFunding offers its traders two unique programs to choose from:
Two-step evaluation accounts
One-step evaluation accounts
Two-step evaluation accounts
Evaluation phase one requires a trader to reach a profit target of 6% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. In order to proceed to phase two, you are only required to reach the 6% profit target without breaching the maximum daily or maximum loss limit rules.
Evaluation phase two requires a trader to also reach a profit target of 6% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. In order to proceed to funded status, you are only required to reach the 6% profit target without breaching the maximum daily or maximum loss limit rules.
By completing both evaluation phases, you are awarded a funded account where you have no profit targets. You are only required to respect the 4% maximum daily loss and 8% maximum loss rules.
One-step evaluation accounts
The one-step evaluation challenge account requires a trader to reach a profit target of 10% while not surpassing their 4% maximum daily and 6% maximum trailing loss rules. You are allowed to trade for an unlimited time period. During this time, you are required to reach the profit target while having no minimum trading day requirements.
By completing the one-step evaluation challenge, you are awarded a funded account where you have no profit targets. You are only required to respect the 4% maximum daily and 6% maximum trailing loss rules.
There is certainly more info about the firm that you don’t want to miss out on. So, don’t forget to watch the full Review:
Also, we offer a 10% Discount for them. So, use our discount code (FOREXPROPREVIEWS) to get it. Also, read our Latest Prop News to stay updated.
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