Head-to-head
My Forex Funds vs The Funded Trader
A direct, side-by-side comparison of My Forex Funds and The Funded Trader — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.
Quick verdict
My Forex Funds is best for
traders who prefer Evaluation-Based Funding and a Mississauga, Canada-based firm.
Full My Forex Funds profile →Quick verdict
The Funded Trader is best for
news traders; swing traders holding overnight.
Full The Funded Trader profile →Cost to first payout
Cost to first payout
What it actually costs to reach payout — a normalized estimate built from each firm's lowest published evaluation cost, monthly fees, and first-payout window. Estimates, not guarantees. Each card shows the assumptions used.
My Forex Funds
Not enough structured fee data published to estimate a cost-to-first-payout figure for this firm.
The Funded Trader
estimateApprox. total
$59
to reach first payout eligibility
Approx. time
24days
from sign-up to first eligible request
- Start cost
- $59
- Monthly fee
- None
How we estimated this
- Evaluation path: lowest published one-time evaluation fee.
- Adds ~10 calendar days for evaluation completion (most firms require ≥5 minimum trading days).
- Firm advertises no monthly fee.
- Source — eval fee: $59–$1,599 one-time; monthly: No monthly fee; first payout: 14 days after first funded trade.
Decision guide
Best for your trader type
- Highest profit share
90% vs —%
- Biggest scaling ceiling
Up to $600,000.
- News traders
Allows trading through news events.
- Swing & overnight
Permits holding positions overnight.
- Fastest payouts
Bi-weekly payouts.
| Attribute | My Forex Funds Evaluation Based · est. 2020 | The Funded Trader Evaluation Based · est. 2021 |
|---|---|---|
| Cost | ||
| Evaluation fee | — | $59–$1,599 one-time |
| Monthly fee | — | No monthly fee |
| Evaluation required | Yes | Yes |
| Instant funding | No | No |
| Capital | ||
| Profit split | — | 90% |
| Max allocation | — | $600,000 |
| Account sizes | — | $5K–$400K (scalable to $1.5M) |
| Scaling | — | 25% scaling every 4 months at 10% gain; up to $1.5M. |
| Payouts | ||
| Frequency | — | Bi-weekly |
| First payout | — | 14 days after first funded trade |
| Assets | ||
| Futures | No | No |
| Stocks | No | Yes |
| Options | No | No |
| Forex | Yes | Yes |
| Crypto | Yes | Yes |
| Trading rules | ||
| News trading | — | Yes |
| Overnight holding | — | Yes |
| Weekend holding | — | Yes |
| Copy trading | — | No |
| Technology | ||
| Platforms | MT4, MT5 | MetaTrader 4, MetaTrader 5, DXtrade, Match-Trader |
| Data feed | — | Eightcap / liquidity providers |
| Company | ||
| Headquarters | Mississauga, Canada | Florida, USA |
About My Forex Funds
Once one of the largest retail prop firms globally, offering Rapid, Evaluation, and Accelerated programs across forex and CFDs.
Full My Forex Funds profile →About The Funded Trader
Remote prop firm offering scaling plans for retail traders.
Full The Funded Trader profile →Trust & stability
Reputation and rule-change activity
Two added decision signals: a weighted reputation score from independent review sources, and a 90-day view of structural rule-change activity where monitored sources are available.
Reputation
Not enough independent rating sources to compute a canonical score yet.
Rule Stability
last 90d- Last change
- —
- Type
- —
- Sources monitored
- —
- Status
- No changes detected in monitored sources
Weekly diff of the firm's published rule pages (terms, rules, FAQ, legal). "No changes detected" only means none of the monitored monitored sources changed — other surfaces (Discord, email, dashboards) are not covered. "Limited" or "unavailable" means our monitor cannot reach enough sources to make an honest call.
Reputation
canonical- Sources used
- 1
- Confidence
- medium
Weighted blend of independent trader-review sources. See methodology.
Rule Stability
last 90d- Last change
- —
- Type
- —
- Sources monitored
- —
- Status
- No changes detected in monitored sources
Weekly diff of the firm's published rule pages (terms, rules, FAQ, legal). "No changes detected" only means none of the monitored monitored sources changed — other surfaces (Discord, email, dashboards) are not covered. "Limited" or "unavailable" means our monitor cannot reach enough sources to make an honest call.
Frequently asked
Common questions
- Which has a higher profit split — My Forex Funds or The Funded Trader?
- The Funded Trader pays 90% of trader profits once funded.
- Is My Forex Funds cheaper to start than The Funded Trader?
- My Forex Funds: evaluation pricing varies. The Funded Trader: evaluation from $59–$1,599 one-time.
- Which pays out faster — My Forex Funds or The Funded Trader?
- My Forex Funds payouts: not published. The Funded Trader payouts: Bi-weekly. First-payout eligibility: My Forex Funds — n/a; The Funded Trader — 14 days after first funded trade.
- What's the maximum allocation at My Forex Funds vs The Funded Trader?
- My Forex Funds scales up to an undisclosed ceiling. The Funded Trader scales up to $600,000.
- Can I trade news at My Forex Funds or The Funded Trader?
- My Forex Funds: policy unconfirmed. The Funded Trader: permits news trading.
- Can I hold positions overnight at My Forex Funds or The Funded Trader?
- My Forex Funds: policy unconfirmed. The Funded Trader: allows overnight holds.
Still deciding?
Get a personalized firm match
A short quiz about your trading style, account size, and goals — we'll rank My Forex Funds, The Funded Trader, and every other firm in our database by fit.
Find my firm match →