PropTrue
My Funded FX
Details
Forex, Metals, Commodities, Indices, Crypto (BTC, BCH, LTC & ETH)
| CEO | Matthew Leech |
|---|---|
| Established | June 2022 |
| Country | United States |
| Broker | Zenifex, Purple Trading SC, Match-Prime, Quality FX ltd |
| Platform | cTrader, MT5, (Match Trader, DXtrade for US traders) |
| Trust Pilot | 4.0 |
| Payment Methods | Crypto, Credit/Debit Card |
| Payout Methods | Crypto capped at $1k, Rise - Minimum $52 after payout split |
My Funded FX Challenge
| Account Balance | $10,000 | $25,000 | $50,000 | $100,000 | $200,000 |
|---|---|---|---|---|---|
| Trading Period | Unlimited | ||||
| Minimum Trading Days | 4 days | ||||
| Maximum Daily Loss | $500 | $1,250 | $2,500 | $5,000 | $10,000 |
| Maximum Loss | $1,000 | $2,500 | $5,000 | $10,000 | $20,000 |
| Profit Target | $1,000 | $2,500 | $5,000 | $10,000 | $20,000 |
| Refundable Fee | $155 | $250 | $345 | $540 | $1,080 |
Trading Instruments
Forex
Metals
Commodities
Indices
Crypto (BTC, BCH, LTC & ETH)
Forex - 1:30
Indices - 1:10
Metals - 11:10
Oils - 1:10
Crypto - 1:2
Leverage
| Instrument | Leverage |
|---|---|
| Forex | 1:30 |
| Indices | 1:10 |
| Metals | 11:10 |
| Oils | 1:10 |
| Crypto | 1:2 |
Commissions
- Forex and Commodities: $6 per standard lot
- Indices and Cryptos: $0 commissions
- Forex and Commodities (DXTrade): $3 per standard lot
- Indices and Cryptos (DXTrade): $0 commissions
- Forex and Commodities (Matchtrader): $3 per standard lot
- Indices and Cryptos (Matchtrader): $0 commissions
- Forex and Commodities (MT5): $5 per standard lot
- Indices and Cryptos (MT5): $0 commissions
Scaling Plan
- Achieve a total profit of 12% or more to initiate scaling.
- Account's initial balance increases by 25% at the first milestone.
- Scaling requests can be made every three months.
- Maximum scaling limit is $1,500,000 or 5 times the initial balance.
For example, with an initial balance of $100,000, a 25% increase every three months would allow traders to reach $500,000, representing 5 times the initial balance.
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