My Forex Funds Giveaway: Are you Ready to Win? from buzai232's blog

My Forex Funds Giveaway: Are you Ready to Win?

My Forex Funds is a proprietary trading firm founded in July 2020 whose CEO is Murtuza Kazmi. They have offices located in Toronto, Canada. The firm offers traders three different account types to get funded with and a chance to work with up to $2,020,000 capital while earning up to 90% profit splits. They provide themselves with their broker named Traders Global Group, whose servers are located in Frankfurt, Germany.To get more news about my forex funds review, you can visit wikifx.com official website.

My Forex Funds YouTube channel has hit the milestone of 20,000 subscriptions. To show their appreciation, My Forex Funds has announced a giveaway. They are giving away a $20,000 Standard Evaluation Account to 10 lucky winners from their evaluation program.

The Standard Evaluation account is a great program offered by the firm with realistic goals and targets. This is a great chance to start trading with them, as the terms and conditions of the giveaway are simple.

This post is going to be an impartial My Forex Funds review. Here we will go through different aspects, such as My Forex Funds Rules, Company Profile, Trading Accounts, Referral Bonus, My Forex Funds Vs FTMO and followed by our personal opinion on it.

MFF is started in the year 2020 in Toronto, Canada by Murtuza Kazmi (CEO). The company headquarters is still located in Toronto, Canada.

At first, it started with only one account type: Rapid Account. Later it added two more trading account types: Evaluation Account and Accelerated Account.

My Forex Funds allows users to trade through the electronic trading platform Meta Trader. It claims to support both MT4 and MT5.

According to Similarweb.com, major traffic to myforexfunds.com is from the USA (15.21%), Vietnam (5.77%), Nigeria (4.79%), Spain (4.17%) and UK (3.87%). It takes a few easy steps to join My Forex Funds. Depending on the experience level, you need to select the appropriate trading account type from the following:

The rapid trading account is for users who have zero or minimal experience in trading. In this type of account, the traders can trade from the demo account and earn profit bonuses in their real account.

This type of trading account is for professional traders. Here two-phase evaluation is followed with a phase 1 target of 8% and a phase 2 target of 5%.

This type of account is for experienced traders who wish to start earning instantly. In this type of account, the decided percentage of profit is instantly given to the traders.

For rapid and evaluation trading accounts, the daily dropdown limit is set to 5%. i.e. if the value of your account goes beyond 5%, your account violates the drawdown rules of the company.

Example: If you opt for $20,000 limit, 5% of 20,000 is $1000. Hence if your account value goes below $19000 (20,000-1000), it violates the drawdown rules of the company.