FundedFirm vs My Forex Funds: Which Funded Account is Best for Traders?

In the expanding world of prop trading, selecting a trusted platform that offers a rewarding and transparent Funded Account is critical for traders aiming to grow their capital without risking their own funds. FundedFirm and My Forex Funds (MFF) are two prominent players with distinctive features and benefits. This blog delves into a thorough comparison between these two prop firms to help you decide which funded account aligns best with your trading goals and style.

Company Overview

FundedFirm is a highly respected prop firm in the Forex trading community, particularly noted for its strong presence in India and surrounding regions. With fast approvals, flexible trading rules, and a supportive trader community, FundedFirm enables traders to access capital up to $500,000 and enjoy profit splits up to 100%.​

My Forex Funds, founded in 2020 and headquartered in Toronto, Canada, has rapidly become a global contender. It offers traders access to funding programs with up to $2 million in capital and a tiered profit split system starting at 75%, enhancing up to 85% over time. It has been recognized as a leading prop firm by several industry bodies, reflecting its growing reputation among global traders.​

Evaluation Process and Speed of Funding

FundedFirm follows a straightforward one-step evaluation process focusing on core trading skills, designed to approve traders quickly and with minimal complexity. This method enables traders to secure a Funded Account rapidly, ideal for those who want faster access to live trading capital without enduring long evaluation periods.​

My Forex Funds employs a multi-phase evaluation process with distinct programs like Rapid, Evaluation, and Accelerated accounts. The Rapid program allows traders to start earning immediately with no profit targets but requires consistent trading days. The Evaluation and Accelerated programs have set profit targets and drawdown limits with no time restrictions, offering flexibility but requiring patience to pass the challenge phases.​

Account Sizes and Scaling Opportunities

FundedFirm offers funded accounts starting from $25,000 to $500,000, with options to scale capital supply as traders demonstrate sustained profitability. Its scalable funding and fair trading rules make it welcoming for both beginner and experienced traders aiming for steady account growth.​

My Forex Funds provides account sizes beginning at $10,000 climbing up to $2 million. Its tiered programs feature unique leverage options—1:100 for Emphatic and 1:50 for Conventional accounts—with the Rapid program offering leverage up to 1:500. MFF supports gradual scaling based on trader performance, particularly in the Accelerated program, making it a great choice for ambitious traders looking to grow aggressively.​

Profit Split and Payouts

FundedFirm offers profit splits starting from 90% and scaling up to 100%, combined with flexible payout frequencies including weekly, bi-weekly, and monthly options. This transparent profit-sharing model, along with fast payout processing, is highly appreciated among traders seeking reliable income streams from their Funded Account

 investments.​

My Forex Funds has a tiered profit split starting at 75% during the first month, increasing to 80% by the second month and 85% thereafter, with payouts typically made monthly. While the profit shares begin lower than FundedFirm’s, MFF’s structure rewards consistent performance over time, promoting trader retention and growth.​

Trading Platforms and Instruments

FundedFirm supports popular platforms like MetaTrader 5 (MT5) and cTrader, giving traders access to a broad range of instruments including forex, indices, commodities, energies, and cryptocurrencies. Its platform versatility and low latency execution make it favorable for diverse trading styles spanning scalping, news trading, and longer-term strategies.​

My Forex Funds primarily supports MetaTrader 5 with a diverse offering that includes forex, indices, commodities, and cryptocurrencies. Its no-restriction trading model, especially on weekend holding for certain programs, provides traders with additional flexibility to operate on different time horizons.​

Trading Rules and Flexibility

FundedFirm emphasizes trader-friendly rules with no restrictions on news trading, overnight holding, and allowed use of Expert Advisors (EAs). Drawdown limits and daily loss thresholds are clearly defined, keeping risk manageable while allowing traders freedom to implement various strategies.​

My Forex Funds enforces a 5% daily drawdown and a 12% overall drawdown, with a minimum trading period for some programs. Weekend trading holds are permitted in the Rapid and Evaluation programs but restricted in the Accelerated program. MFF has more stringent rule sets compared to FundedFirm, which might be challenging for high-frequency or aggressive traders.​

Fees and Refund Policies

FundedFirm’s evaluation fees vary depending on the account size, but traders receive a full refund of fees upon passing the challenge and making the first profit payout. There are no hidden costs, and the firm prides itself on transparency in charging and payments.​

My Forex Funds charges competitive fees depending on the chosen program and account size, typically ranging from $84 for $10,000 accounts to $970 or more for larger accounts. They also offer free challenge retakes and flexible extensions. Though fees are higher on some accounts, their no deadline approach removes pressure from traders, supporting a more relaxed testing phase.​

Community and Support

FundedFirm offers responsive customer support, educational resources, and a community of traders primarily focused on Indian and Asian markets, though it caters globally. Its reputation for timely payouts and fair treatment has earned significant trust, including the title of “Most Trusted Prop Firm of 2025” at a recent Forex Expo.​

My Forex Funds maintains a growing global community with active social media engagement and tutorial offerings. While relatively newer, it has earned credibility through strong awards and positive trader feedback focused on its rapid account funding model and accommodating evaluation rules.​

Summary Comparison Table

Conclusion: Which Funded Account to Choose?

If you prioritize quick access to trading capital, high profit splits, simplified rules, and fast payouts, FundedFirm’s Funded Account is an excellent choice, particularly for forex traders in India and Asia looking for transparency and support.

If you prefer multiple evaluation programs providing flexibility in timing and scaling, access to very large accounts, and a growing global community, My Forex Funds offers compelling options suitable for patient traders who prefer a gradual approach with varying profit splits.

Both firms represent top-tier prop firms shaping the future of funded trading. Assess your trading style, risk tolerance, and career goals carefully to choose the firm that maximizes your potential.