My Funded Forex Review 2025: Unbiased Truth for Traders

What is MFF？

The 60-Second Answer

　　My Funded Forex (MFF) is a proprietary trading firm, often called a prop firm. It provides skilled traders with company capital, creating what is known as a funded account. In exchange for this capital, the firm takes a small share of the profits generated by traders. To qualify, a trader must first prove their skill and discipline by passing a trading evaluation, commonly called a "challenge." My Funded Forex has built a strong presence in the trading community. This review gives a fact-based look at its programs, rules, and value for traders in 2024.

How It Works

Path to Funding

　　The journey from aspiring trader to a funded partner at My Funded Forex follows a clear path. It tests your skills before giving you capital.

　　Step 1: Choose Your Challenge

　　First, you select an evaluation program that fits your trading style and confidence level. MFF offers a 1-Step and a 2-Step evaluation model. These models come in different account sizes, usually from $5,000 up to $200,000, each with a one-time fee.

　　Step 2: Pass the Evaluation

　　This is the main part of the process. You must show your trading skill by reaching the profit target. You must do this without breaking any of the firm's risk management rules. These rules, like maximum daily loss and maximum overall loss, are the most critical part of the evaluation. MFF gives you unlimited time to complete its challenges, which takes away the stress of a deadline.

　　Step 3: Get Your Funded Account

　　After passing all phases of your evaluation, you become funded. A great benefit is that the fee you paid for the challenge is refunded with your first payout from the funded account. You will get login details for a live account with the capital amount you chose. This account has slightly more relaxed rules.

　　Step 4: Trade and Get Paid

　　Now, you trade with the firm's money and earn real profits. The profit-sharing agreement is key at this stage. MFF offers a profit split that starts high and can go higher. Traders typically get up to 85% of the profits they make. Payouts happen regularly, often every two weeks, giving steady income for profitable traders. They offer various payout methods, including cryptocurrency and bank transfers.

The Trading Rules

Understanding Your Limits

　　Success in a prop firm challenge is less about chasing profits and more about following rules carefully. Understanding and respecting the trading limits is the most important factor in passing an evaluation. Breaking a rule, even slightly, leads to immediate failure.

　　The table below shows the key rules for a standard 2-Step evaluation account. Think of these not as limits, but as a framework for good risk management.

Decoding the Drawdown

　　The most critical rules to understand are the drawdown limits. Getting these wrong is the fastest way to fail a challenge.

　　Maximum Daily Loss is based on the account's balance at the start of the trading day (00:00 Server Time). For example, on a $100,000 account with a 5% daily loss limit, your account cannot drop below $95,000 at any point during that 24-hour period. This includes floating losses from open positions.

　　Maximum Overall Loss is the absolute floor for your account. My Funded Forex uses a static drawdown model. This is a big plus for traders. On a $100,000 account with a 12% static drawdown, your equity can never drop below $88,000. It does not follow your profits upward. If you make $10,000 in profit, your new balance is $110,000, but your maximum loss threshold stays at $88,000.

Other Key Rules

　　Beyond drawdown, several other policies control how you can trade.

• Holding Trades Over Weekend？ Yes, MFF allows traders to hold positions over the weekend on all account types.
• News Trading Allowed？ Yes, trading during major news events is permitted on all MFF programs.
• Expert Advisors (EAs) / Bots？ EAs are allowed. However, they have strict rules against using EAs that perform copy trading from other accounts or use martingale strategies. Your EA must be unique to your trading account.

A Trader's Strategic Walkthrough

The Preparation Phase

　　Don't buy a challenge without planning. This is the most common mistake new funded traders make.

　　Our advice is simple: test your trading strategy for at least 30 days in a demo account. Use the exact risk rules of the MFF challenge in this demo. If you can't pass a free demo challenge, you won't pass a paid one.

　　Before you start, you need a written trading plan. This is your professional guide. It must define your market, session, entry signals, exit signals, and, most importantly, your risk management rules for every single trade.

Practical Trading Tips

　　Pacing is everything in a prop firm evaluation. The unlimited time given by MFF is an advantage you must use. Slow and steady progress is much better than a risky, up-and-down approach. Your goal isn't to hit the 8% profit target in two days. Your goal is to show consistent, careful trading.

　　The aim for your first week of the challenge should be to protect your drawdown. End the week in profit, even if it's just 0.5%. This builds a buffer and sets a calm, professional tone.

　　Risk management becomes your top priority. You must calculate your position size exactly based on the daily loss limit. For example, on a $100k account, the daily loss limit is $5,000. A smart trader should never risk more than 1% of the account ($1,000) on a single trade. This lets you handle multiple losses without getting close to the breach level.

Common Traps

　　Revenge trading is the number one account killer. After a loss, the urge to "win it back" quickly is strong. You must have a rule: after a big losing trade, step away from the charts for at least one hour.

　　Another common trap is using too much leverage near the profit target. A trader might be at a 7.5% profit and decide to take one huge trade to "just get over the line." This emotional decision often leads to a big loss and a failed challenge. Stick to your plan.

　　Finally, be very aware of the server time. The daily drawdown clock resets at 00:00 Server Time, which may be different from your local time. A trade that you think is part of a new day might actually count against the previous day's limit, leading to an unexpected breach.

MFF vs. The Competition

How MFF Stacks Up

　　The prop firm industry is competitive. To make a good decision, it's important to see how My Funded Forex compares to other major players like FTMO and The Funded Trader.

The Verdict

　　Based on this comparison, it's clear who should choose My Funded Forex.

　　MFF stands out for its trader-friendly combination of unlimited trading days and a generous 12% static drawdown. This makes it an excellent choice for traders whose strategies may take longer to work or who want to trade with less time pressure.

　　However, traders who care most about getting the highest possible profit split from day one might prefer firms like FTMO or The Funded Trader, with their 90% splits. The choice depends on whether you value flexibility or that final percentage point on your payout.

The Unfiltered Pros and Cons

The Green Flags

　　We found several areas where My Funded Forex excels.

• Achievable and Clear Rules: The combination of unlimited time and a 12% static drawdown is a big advantage. Static drawdown is much easier for traders to manage than the trailing drawdown model used by some competitors.
• Variety of Programs: Offering both 1-Step and 2-Step evaluations provides flexibility for different trading styles and confidence levels.
• Strong Reputation for Payouts: MFF has built a solid track record within the trading community for processing payouts reliably and on time, which is a cornerstone of trust.
• User-Friendly Dashboard: From our analysis, the client dashboard is easy to use. It clearly shows the essential metrics you need to track, such as your current equity, daily loss limit, and overall drawdown, making it easy to stay within the rules.

The Red Flags

　　No firm is perfect. It's equally important to be aware of the potential downsides.

• The Business Model Reality: It's crucial to remember that all prop firms, including MFF, make significant money from failed challenge fees. The system is designed to filter out undisciplined traders.
• Customer Support Variability: While many users report positive experiences, some have noted that customer support response times can be slow during busy periods.
• Strict EA and Copy Trading Rules: The firm's policies on automated trading are very specific. If you plan to use an EA, you must ensure it doesn't violate their rules on third-party or martingale systems, as this can lead to account termination.

The Bottom Line

Our Final Verdict

　　My Funded Forex offers a legitimate and compelling opportunity for a specific type of trader.

　　For the disciplined person who already has a consistently profitable trading strategy but lacks the necessary capital, MFF is a solid choice. The firm's trader-friendly rules, particularly the unlimited trading period and static drawdown, create a fair environment to prove your skills.

　　However, if you are a new trader still developing your strategy, or if you struggle with risk management and emotional discipline, you should be careful. The appeal of a funded account can be strong, but you are better off improving your skills in a demo environment before paying for any prop firm challenge. Success here is for professionals, not gamblers.