My Funded FX Or Funded Elite? Which Firm Wins?

My Funded FX is a proprietary trading firm that provides traders with access to significant capital through various account types tailored to different levels of experience and trading styles. Choosing the right prop firm is crucial for traders looking to scale their strategies while minimizing personal financial risk.

While My Funded FX offers a range of funding options, it’s essential to compare its features with other top-tier firms like Funded Elite, which provides superior profit splits and additional benefits. In this article, we will explore the account types offered by My Funded FX and highlight key advantages that Funded Elite brings to the table.

My Funded FX Or Funded Elite? Which Firm Wins?

 

Offerings Of My Funded FX

The underlying idea of the Martingale system lies in increasing your position size after each losing bet. This works like this, if you win the whole profit will recover your losing days and give you the same profit as your initial trade.

My Funded FX provides multiple account structures designed to accommodate different trader preferences and risk appetites:

  1. Challenge Accounts
    Traders must complete an evaluation process before gaining access to funded capital. My Funded FX offers:

    • 1-Step Challenge: A straightforward challenge with specific profit targets.
    • 2-Step Challenge: A more structured evaluation requiring traders to pass two phases before receiving funding.
    • 3-Step Challenge: A rigorous process for traders who prefer a gradual approach to securing capital.
  2. Once traders pass these challenges, they can access a funded account with up to $600,000 in capital.
  3. Scaling Plan
    My Funded FX allows traders to grow their accounts based on consistent profitability. If a trader achieves 12% profit or more within 90 days, their account balance is increased by 25%, with a potential maximum capital of $1.5 million. This feature is useful for traders looking for long-term growth.
  4. Profit Split
    Traders at My Funded FX can earn up to an 80% profit split, meaning they keep a significant portion of their trading profits. While this is competitive, it does not match the highest-paying prop firms in the industry.

 

Funded Elite: A Superior Choice for Prop Traders

While My Funded FX provides various funding options, Funded Elite offers several advantages that give traders better earning potential and flexibility. Here’s how Funded Elite stands out:

  1. Higher Profit Splits
    One of the biggest advantages of Funded Elite is its 95% profit split, one of the highest in the industry. Compared to the 80% offered by My Funded FX, this means traders at Funded Elite retain a larger share of their earnings.
  2. Automated Second Chance on Challenges
    Unlike My Funded FX, Funded Elite gives traders an automatic second chance on their challenge if they fail. This feature allows traders to refine their strategy and attempt the challenge again without having to pay additional fees.
  3. Raw Spreads & No Trade Manipulation
    Many prop firms are known to widen spreads or manipulate trade execution to increase trader failure rates. Funded Elite provides raw spreads and transparent trading conditions, ensuring that traders compete fairly and are not disadvantaged by hidden conditions.
  4. Lower Costs & Refundable Fees
    While My Funded FX has evaluation fees, Funded Elite offers more competitive pricing and refundable challenge fees upon passing. This makes it a more cost-effective choice for traders looking to minimize their upfront investment.
  5. Instant Payouts & Secure Withdrawals
    Some prop firms have long withdrawal wait times, delaying trader earnings. Funded Elite offers instant payouts upon request, ensuring that traders can access their profits without unnecessary delays.

 

Final Thoughts

Both My Funded FX and Funded Elite offer structured prop trading opportunities, but traders must choose the firm that aligns best with their goals. My Funded FX provides structured challenges and a scaling plan, but Funded Elite offers higher profit splits, automatic second chances, transparent trading conditions, and instant payouts—making it the superior choice for traders looking for reliability and better earning potential.

If you’re serious about prop trading and want to maximize your profits while enjoying fair trading conditions, Funded Elite provides an unmatched advantage in the industry.

 

Join Us Today at Funded Elite

The decision between TopStep and Funded Elite depends on your trading preferences and goals. TopStep may appeal to traders specifically focused on futures trading, while Funded Elite offers a more versatile and affordable path to funding, with higher profit splits, greater flexibility, and the option for immediate access to capital.

Traders who want to start trading immediately, enjoy a Second Chance, and explore a variety of instruments will find Funded Elite to be an ideal choice. Traders can stay up to date with market developments by subscribing to our newsletters on either Facebook, X or Instagram.

What are you waiting for? Empower Your Trading Journey, Maximize and Realize Your Full Potential! Become a Funded Trader Today!

 

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