MyFundedFX Review - Is the Platform Legit and Reliable? Is It Login Safe? - WikiFX

MyFundedFX | 2025-04-25 18:38

Extrait：MyFundedFX (SeacrestFunded) offers simulated funds and trading freedom globally, but there are risks and regulatory issues.

MyFundedFXReview Summary
Founded	2022-05-23
Registered Country/Region	United States
Regulation	Unregulated
Market Instruments (175+)	Forex/Commodities/Indices/Cryptocurrencies
Demo Account	✅
Leverage	Up to 1:30
Trading Platform	DXTrade/MatchTrade/cTrader(Web/Android/iOS)
Minimum payout amount	$50
Customer Support	Twitter/Discord/Instagram/Youtube
Customer Support	Live chat

MyFundedFX Information

MyFundedFX is a broker registered in the United States. The tradable instruments with a maximum leverage of 1:30 include forex, commodities, indices, and cryptocurrencies. The broker also provides a demo and four simulated accounts, whose minimum profitable day is up to 3 days. The affiliate program offers up to 8% commissions. MyFundedFX is still risky due to its unregulated status.

Pros and Cons

Pros	Cons
Leverage up to 1:30	Unregulated
Demo account available/Simulated fund support	Obvious geographical restrictions
Various tradable instruments	Strict requirements for simulated profit targets

Is MyFundedFX Legit?

MyFundedFX is not regulated, making it less safe than regulated brokers.

What Can I Trade on MyFundedFX?

MyFundedFX offers a wide range of market instruments, including forex, commodities, indices, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔

Account Type

MyFundedFX has demo and simulated account types: 1-step, 2-step, 2-step-max, and 3-step. The demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type	1-step	2-step	2-step-max	3-step
Sim Gain Target	10%	Step 1 8%	Step 1 10%	6%
Minimum Profitable Days	3 Days	3 Days	3 Days	1 Day
Daily Sim Loss	4%	5%	Step 1 5%/Step 2 4%	4%
Overall Sim Loss	6%	8%	Step 1 10%/Step 2 8%	8%
Trading Period	Unlimited	Unlimited	-	Unlimited
Sim Trading Leverage	1:30	1:30	1:30	1:30

Trading Platform

MyFundedFX provides the DXTrade, MatchTrade, and cTrader trading platforms available on the Web, Android, and iOS to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading Platform	Supported	Available Devices
DXTrade	✔	Web/Android/iOS
MatchTrade	✔	Web/Android/iOS
cTrader	✔	Web/Android/iOS

Deposit and Withdrawal

MyFundedFX accepts payments via credit card and cryptocurrency for deposits and withdrawals. After making a profit, traders can apply for a withdrawal once every 5 to 14 days, with a minimum withdrawal amount of $50.

Leverage Broker Dealer